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Mom and girl.
How was your day Silly?
Good mom but today at recess my friend Billy said that he overheard his dad saying he was planning to be bullish tomorrow on the market, like he hadn't been in awhile.
I'm wondering if I should be scared at recess for bulls.
No need to worry about what Billy's dad was saying.What he means by acting bullish is that tomorrow he will be investing in stocks. He believes we are making are way out of a downturn at the moment so the stocks will bring him profit.
“The economy today is showing many positive signs that we might be almost over with the recession. Unemployment has dropped 5.2 percent from last week's 6.5 percent. Also personal income in the last month has risen 1.2 percent overall. With a little bit of strategizing and some luck shareholders could be making brave moves soon. Next year our gross domestic product is estimated to be closer to 16 trillion than 15 trillion. This should be it good news for everyone. Back to you Stacy.”
See honey, that is what Billy's father is going to react to.
What does enemployment mean?
Unemployment is the amount of people that want to or are able to work that cannot find a job. This percentage does not include people who are not happy with their work, working half-time, or have some disability/reason that makes work impossible.
I hope there are no bears at recess.
Goodnight sweetie. Sleep tight. Not reason to worry about anything.