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As reported this morning, the unemployment rate in the US rose above 10% for the first time since 1982. As shown below, this is by far the fastest rise since continuous data begin in 1948. It is interesting to note that from 9/30/1982, when the rate first rose above 10%, to 7/29/1983, when unemployment first fell below 10%, the S&P 500 gained 34.99%.
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The Ticker Sense Blogger Sentiment Poll is a survey of the web's most prominent investment bloggers, asking "What is your outlook on the S&P 500 for the next 30 days?" Conducted on a weekly basis, the poll is sent to participants each Thursday, and the results are released on Ticker Sense each Monday. The goal of this poll is to gain a consensus view on the market from the top investment bloggers -- a community that continues to grow as a valued source of investment insight. © Copyright 2012 Ticker Sense Blogger Sentiment Poll
Ticker Sense was founded and developed by analysts at Birinyi Associates. Birinyi Associates continues to own and manage all content.
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