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If this doesn’t convince you we’re on the elbow of the technology exponential curve, nothing will. Stay tuned, it’s going to be interesting next 20 years!

Here’s some interesting data from the Atlantic that shouldn’t have surprised us, but was an eye opener, nonetheless. The U.S. Federal payrolls are dominated by men and state and local government by women.

Here’s a great chart from the BLS showing the collapse of construction employment from May 2006-10. No surprise the largest declines are in the four housing bubble states — Nevada, Arizona, Florida, and California. Stunning employment in…

Like many, we at the Global Macro Monitor believe the only solution to the European debt crisis is to write down bad debts, but we’re also realistic that it will take time because of the weak and highly levered balance sheets of many of the…

We could be wrong on this one and may have too much faith in the Eurocrats, but think of consequences if we are wrong? If the EU fails here, it will 1931 all over again and will put the “Great” in this rolling depression/recession.…

Once again, the 200-day moving average proved to be formidable resistance for the S&P500. After trading though the 1264-65 level on the now expected daily afternoon market moving FT article the index couldn’t hold its water and sold…

The “troika” – Italian, Spanish, and French bond yields - is acting pretty well even after the S&P downgrade. Italy is under 6 percent and that is what matters. We sense there will be tremendous pressure on the shorts and equity risk…

Looked like today could be the day the S&P500 broke through and closed above its 200-day. That is, before the tape bomb out of the S&P putting most of the ‘Zone countries on negative watch for a credit downgrade. Let’s see how this…

Could this be part of the reason the Shanghai was the only major index we track that was down last week?

A breakdown of employment gains and losses by industry plus an excerpt of what the BLS had to say about this morning’s employment report