Re: Friday's Employment Report
Broadway
3/5/2012 7:56:18 PM
Noreen, or is Bernanke seemly hedging his bets? It is easier to be the prognosticator of bad things -- if you're wrong, everyone will be happy anyway, and the Fed can take belated credit for creating the job-ful recovery -- than to predict good things and be wrong -- after which people will be doubly pissed off, about your inaccurate predictions and the terrible reality.
Re: Friday's Employment Report
cat tail
3/5/2012 8:55:58 AM
I've lost all confidence in the Fed. I was reading in the WSJ how "Bernanke signaled to Congress last week that he had doubts about the sustainability of the employment gains. Fed officials aren't inclined to move while they try to solve the puzzle." Basically what they're saying is they don't have a clue what's going on with the economy. How is that supposed to make us feel confident?
What's the IU community concensus about Friday's upcoming employment report? Is it with Fed chief Ben Bernanke -- who is skeptical about the alleged recent improvement in the jobs numbers -- or does it agree with most economists, who are somewhat optimistic?
Since last August, the U.S. jobless rate has tumbled to 8.5 per cent from 9.1 per cent. And the latest available batch of employment indicators suggests Friday's employment report is likely to be surprisingly strong. The Bloomberg consensus is that February's payrolls rose 204,000 following gains of 243,000 in January, 203,000 in December (which was revised up by 3,000 last month), and 157,000 in November (revised up by 57,000).
So what do you think? Could Friday's reportl exceed expectations, and confirm that the economic expansion is no longer "jobless"? Or is Bernanke right?
Yes, the person betting on those questions is clearly in deeper trouble, and probably in one hell of a lot of debt.
Re: Michigan
Broadway
3/3/2012 2:53:14 PM
I'd be more worried about the person betting on all those questions than the person who made up those questions. That guy who came up with all those questions for bookies is sitting somewhere pretty in Vegas or playing cards in the basement with cigars Joe Pesci and Robert DeNiro and getting served whisky by a guy named Spider.
Re: Michigan
driven
3/2/2012 11:16:53 AM
i bet someone with OCD came up with all those questions.
>People are willing to bet on anything, aren't they?
Ya think. Here are some of the proposition bets from a L.V. Sports Book for the Super Bowl:
THE FOLLOWING PROPOSITIONS MAY BE PARLAYED UP TO 2 TEAMERS
WILL EITHER TEAM SCORE 3 STRAIGHT TIMES?
**Excludes extra points and 2 point conversions
***Includes safeties
YES -175
NO +155
WILL EITHER TEAM SCORE IN THE FIRST 5 1/2 MINUTES OF THE GAME?
**(Includes safety)
YES +105
NO -125
WILL EITHER TEAM SCORE IN THE FINAL 2 MINUTES OF THE FIRST HALF?
**(Includes safety)
YES -300
NO +250
WILL EITHER TEAM SCORE IN THE FINAL 3 1/2 MINUTES OF THE GAME?
**(Includes safety)
**(If games goes into overtime--Yes is winner)
YES -175
NO +155
MOST PENALTY YARDS
**(Declined penalties do not count)
GIANTS -110
PATRIOTS -110
WILL BOTH TEAMS MAKE 33 YARD OR LONGER FIELD GOALS?
**(If no Field Goal is made, no is the winner)
YES +155 NO -175 TOTAL QB SACKS BY: BOTH TEAMS OVER 4.0 -110 UNDER 4.0 -110 TEAM TO USE COACHES CHALLENGE FIRST **(Official Challenges from the league are excluded) GIANTS -110 PATRIOTS -110 ELI MANNING (NYG) FIRST PASS WILL BE: **(Interception is incomplete) COMPLETE -210 INCOMPLETE +180 WILL ELI MANNING (NYG) THROW AN INTERCEPTION? YES -190 NO +170 ELI MANNING (NYG) FIRST RUSHING ATTEMPT **(If No Rush Attempt-Under is the winner) OVER 1.5 -110 UNDER 1.5 -110 AHMAD BRADSHAW (NYG) FIRST RUSHING ATTEMPT **(If No Rush Attempt-Under is the winner) OVER 3.5 +115 UNDER 3.5 -135 BRANDON JACOBS (NYG) FIRST RUSHING ATTEMPT **(If No Rush Attempt-Under is the winner) OVER 3.5 +125 UNDER 3.5 -145 HAKEEM NICKS (NYG) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 11.5 -110 UNDER 11.5 -110 VICTOR CRUZ (NYG) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 11.5 -135 UNDER 11.5 +115 MARIO MANNINGHAM (NYG) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 10.5 -110 UNDER 10.5 -110 TRAVIS BECKUM (NYG) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 6.5 +125 UNDER 6.5 -145 JAKE BALLARD (NYG) FIRST RECEPTION
**(If No Reception-Under is the winner) OVER 8.5 -110 UNDER 8.5 -110 AHMAD BRADSHAW (NYG) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 5.5 -130 UNDER 5.5 +110 BRANDON JACOBS (NYG) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 1.5 -120 UNDER 1.5 EVEN HENRY HYNOSKI (NYG) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 2.5 -110 UNDER 2.5 -110 TOM BRADY (NE) FIRST PASS WILL BE: **(Interception is incomplete) COMPLETE -230 INCOMPLETE +195 WILL TOM BRADY (NE) THROW AN INTERCEPTION? YES -140 NO +120 TOM BRADY (NE) FIRST RUSHING ATTEMPT **(If No Rush Attempt-Under is the winner) OVER 2.5 -130 UNDER 2.5 +110 BENJARVUS GREEN-ELLIS (NE) FIRST RUSHING ATTEMPT **(If No Rush Attempt-Under is the winner) OVER 3.5 +120 UNDER 3.5 -140 DANNY WOODHEAD (NE) FIRST RUSHING ATTEMPT **(If No Rush Attempt-Under is the winner) OVER 3.5 +140 UNDER 3.5 -160 AARON HERNANDEZ (NE) FIRST RUSHING ATTEMPT **(If No Rush Attempt-Under is the winner) OVER 3.5 EVEN UNDER 3.5 -120 ROB GRONKOWSKI (NE) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 9.5 -130 UNDER 9.5 +110 WES WELKER (NE) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 8.5 -110 UNDER 8.5 -110
AARON HERNANDEZ (NE) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 8.5 -110 UNDER 8.5 -110 DEION BRANCH (NE) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 9.5 -110 UNDER 9.5 -110 BENJARVUS GREEN-ELLIS (NE) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 1.5 -110 UNDER 1.5 -110 DANNY WOODHEAD (NE) FIRST RECEPTION **(If No Reception-Under is the winner) OVER 4.5 -110 UNDER 4.5 -110
Re: Michigan
driven
3/2/2012 10:37:46 AM
People are willing to bet on anything, aren't they? I'm not a gambler so I really don't get the rush.
You're right--I think there are some inherent dangers in the process.
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