The Ignorant Investor

Ignorance Can't Stand in the Way of My Opinion

Thursday, April 15, 2010

 

Mixed results

The number of newly laid off workers signing up for unemployment went up for a second week in a row. Mortgage foreclosures are still at a record high. But J.P. Morgan and Intel are reporting profits. Could this be what the future looks like - high unemployment combined with higher corporate profits?

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