Simon Maierhofer at ETF Guide writes February 5:

How do fish get caught? They open their mouth. How do investors get ensnared or misled? They believe in non-existent phenomenons like a “jobless recovery.”

Surprising as it is, for nearly a year, investors have shrugged off mounting jobless claims and rising unemployment as an ingredient that is not really required for an economic recovery.

Yesterday’s (2-4-10) announcement by the Department of Labor that claims for unemployment benefits rose by 8,000 to 480,000 sent stocks spiraling.

To read more, click this link:

http://www.etfguide.com/research/261/8/Real-Unemployment-18Percent-Will-Stocks-Falter?/