SPDR S&P 500 (SPY)

[TheWatcher51]

I will admit Gdl... I have seen you calling the continued momentum in the economy and I appreciate that... I appreciate your views because it makes me questions mine... But even though I question... I can't find an answer... I can't make the switch... The jobs and unemployment data are skewed.. And IMO can't be trusted... If in individual is out of work for long enough that they give up looking then they aren't counted...? I mean really..? Sure we've seen a pick up in jobs... But unemployment is still rising..? I am an electrician by trade... And I work for a top electrical firm in OK... And I see the guys on the crew and they aren't living it up... Despite making $25+ an hour... And also we aren't hiring like we did when things were good... I also see the HVAC guys and they can make the same wages... How are they living...? The same... Plus actual projects for our firm ain't coming by like they used to... And we are one of the top firms for All of Oklahoma... I've worked on Siemens wind farms... CHK pipeline... Williams... Nordam... A lot of top publicly traded companies and they aren't looking for new projects... This points to a severe decline in construction... Which would point to true decline economic expansion... I see it from the inside and it ain't as pretty as they say it is... But this is all
My simpleton OKlahoman opinion... So take it as its posted... And fwiw... Spy