Episode 169: Our Rocket Ship Stock Market, the Unemployment Rate and a Traders Podcast Box Set?

by robbooker on July 22, 2013


We think Episode 169 is a good time, and we think you’ll agree… First of all, our friend Keiron wrote and asked about purchasing every one of The Traders Podcast episodes in one fell swoop, so we entertain ourselves as we entertain that thought.

Rob also spends some time talking about our rocket ship stock market and the employment market. Are we in some kind of a fake recovery because the economy is not creating jobs fast enough to replace the jobs that were lost during the financial crisis? Rob discusses how the unemployment rate factors in — and how it doesn’t factor in the people who have given up and dropped out of the job market altogether. Rob notes that there are under-employed people who are making less than they used to, and how that’s throwing off the numbers, as well.

Other questions posed in this episode: Can the current unemployment rate tank the whole economy? Are we looking at a potential double-dip recession? Has the world economy changed forever? These questions inspire Rob to talk about how we trade our perceptions and how we trade our stories (and not what’s in front of us). Rob says we should play the market where it is, and not where we think it should be…

We also dip into the mailbag and read comments from Matt about NLP and an e-mail from Brian regarding Apple, which leads Rob to pose the question: Has Apple become Microsoft? Rob also asks what will be the next latest and greatest thing? (Rob invites you to write and tell us what you think the next big thing will be.)

Oh, and we talk about Pets.com. Good stuff. Join us!

Links for this episode:

Rob on Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast

E-mail us! Producer@TradersPodcast.com

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