U.S.National Debt (real time)
(5-31-13) Dow
15,115 -209 Nasdaq
3,456 -35 S&P 500
1,631 -24 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real
than quoted price for respective states including CA, infra – another
manipulation for the ‘feel good’ effect despite the inflationary over-printing
of weimar dollars/currencies)(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,393 (+24% for year 2009) / SILVER $22.23 (+47% for year 2009) /
PLATINUM $1,453 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 100 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.16% AP Business Highlights ...Yahoo Market
Update… This
Is a Secular Bear Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic
/ Financial Data This Depression is
just beginning The coming depression…
thecomingdepression.net The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME! [ The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed ! Train
Reading: The Stock Market Is (Criminally) Insane The Wall Street
Journal , Fraud,
b***s***, desperation, the previous ultimate short squeeze/short-covering
irrationally exuberant rally, this is still
an especially great opportunity to sell / take profits because there’s
much, much worse to come! Only a fool believes what they say!
( US
Economic Data Reporting Now Officially A Farce: Every Economic Data Point
Prints 4+ Std Devs Above Consensus Zero Hedge | It appears that central
bank intervention was not the only thing in full force today.) Watch for more fake reports / data / and spin in their
infinite political desperation both here and across the sea, and suckers’
rallies to suck suckers in and keep suckers sucked in! [ The
USAGOLD/PG View is Correct. This is a great interview/video (10 minutes); watch
it here: ‘The Currency Wars’ http://www.albertpeia.com/rickardsgrantboltoninterviewvideo.htm , David
Rosenberg On The Depression, The ECB, MF Global As A Canary In The Coalmine...
All With A Surprise Ending Durden , This
is No Cyclical Recession… It is a Secular DE-pression Phoenix Capital Research ,
MF GLOBAL EXPLAINED http://www.youtube.com/watch?v=jLt05sN7vK0&feature=player_embedded [This brief (pithily succinct) video
explains causal links between OTC derivatives, the financial crisis of 2008,
Alan Greenspan, Robert Rubin, Larry Summers, Jon Corzine and MF Global. (10
minutes-well worth it) , ‘Quantitative Easing Explained’ http://www.youtube.com/watch?v=PTUY16CkS-k (6 minutes-well worth it). , ’ Famed
economist predicts economic calamity in 2012. See the evidence.
http://w3.newsmax.com/a/aftershockb/video.cfm 50% unemployment & 90% Dow crash also
predicted. Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm ,
Economic / Financial Collapse Imminent – Stansberry Investment Advisory http://www.albertpeia.com/stansberrysinvestmentadvisory.flv Harry
Dent, Jr. Economy will be in a Depression by 2011 Dow
will Fall to 3,800 – 4,500 by 2012 Nasdaq
will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest. U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels Greatest Economic and Banking Crisis since the
1930s will Occur Between 2010 and 2012). , Goldman
Turns Bearish: Squid Releases Top Trades For 2012... And It's Not Pretty Tyler Durden 11/30/2011 The much anticipated Goldman
Sachs list of "Top Trades Recommendations for 2012" is out... And the
squid is bearish. Which is bad news , Market
Rally Won't Last Long Forbes Halah Touryalai , Forbes Staff ‘There’s no doubt Wednesday’s market rally
was the result of the move
by Central banks’ but don’t expect the sentiment to last very long. , HUGE
RALLY CUT IN HALF AFTER EUROZONE RATINGS BOMBSHELL: Here's What You Need To
Know Business Insider Sam Ro’ Europe's hell
week begins with new EU treaty proposals and reports of an S&P ratings
action bombshell…U.S. economic data was largely overlooked during this
morning's rally. The ISM services number unexpectedly fell to 52.0 , missing the
expectation of an increase to 53.9. This also compares to last month's
number of 52.9. October factory orders fell 0.4% , which was slightly worse
than the 0.3% decline expected. September factory orders were revised
sharply lower…’ , Confirmed:
Not Just AAA Nations, but *All 17* Euro Nations to Be Put on Notice for
Downgrade The Wall Street Journal , Standard
& Poor’s Puts Ratings On Eurozone Sovereigns On CreditWatch With Negative
Implications Dec 5th, 2011 (Standard & Poor’s) , Graham
Summers’ Weekly Market Forecast (Fade
the Fed? Edition) December 5th, 2011
‘Equities got giddy last week when the world’s central banks, lead by
the US Federal Reserve, lowered the global cost of borrowing Dollars.
Regardless of the market’s reaction, the whole thing smells of desperation and
quite frankly, everyone should be questioning the Fed’s move…The IMF, Bank of
England, and others have warned of a systemic collapse… do you think they’re
doing this for fun?Many investors will have their portfolios wiped out in the
coming carnage. It could be next week, or it could take place next year… but we
ARE heading into a Crisis that will be worse than 2008…’ , Gallup
Finds Recent Job Boost Due To "Temp And Part-Time" Hiring;
Underemployment Greater Than Prior Year Submitted by Tyler
Durden on 12/05/2011 While
the BLS unemployment number, fudged strategically to lower the denominator, or
the total labor force, may have come well better than expected (as somehow
miraculously ever more people find the shadow economy a more hospitable place
where to make their money and drop off the BLS roll forever) we once again go
to that trusty fallback, the monthly Gallup poll of underemployment. What we
find here is rather different from what the BLS, and the administration would
like us to believe, namely that "underemployment, a measure that combines
the percentage of workers who are unemployed with the percentage working part
time but wanting full-time work, is 18.1% in November, as measured by Gallup
without seasonal adjustment. That is up from 17.8% a month ago and
17.2% a year ago. " Said simply, "many employers appear to
have chosen to hire part-time rather than full-time employees for this holiday
season." , Solyndra
Schadenfreude As Goldman Sachs Played Key Role Submitted
by Tyler Durden on 12/05/2011 While we are
not completely shy of saying we-told-you-so, in the case of the players in
Solyndra's fantastic rise and fall, we are more than happy to. Back
in September we highlighted Goldman Sachs' key role in the financing rounds
of the now bankrupt solar company and this evening MarketWatch
(and DowJones VentureWire) delves deeper and highlights how the
squid has largely stayed out of the headlines (what's the opposite of
lime-light?) in this case despite its seemingly critical assistance and support
from inception to pre-destruction. Goldman's involvement in Solyndra,
and its lofty valuation projections, lent credibility to the company and helped
rouse investor interest and it was this private interest that was cited by DoE
officials as a considerable factor in its loan guarantee program. As
we said before, anywhere you look, Goldman has been there and left its mark...’
, The
Black Friday Shopping Hangover Is Coming: David Rosenberg Explains Submitted by Tyler
Durden on 12/05/2011 , Here Comes
The S&P Downgrade Barrage - Full Statement, In Which S&P Says France
May Get Two Notch Downgrade Submitted by Tyler
Durden on 12/05/2011 , Jeremy
Grantham Releases The Scariest Market Forecast Yet Submitted
by Tyler Durden on 12/05/2011 , MUST
SEE – Bernanke’s Stealth Bailout For Wall Street Kept Secret From Congress Daily
Bail | Bernanke runs his own private dictatorship. , How
The U.S. Will Become a 3rd World Country (Part 2) Hera Research
| The United States is quickly coming to resemble a post industrial
neo-3rd-world country., SPX
Update: Topping Again? Minyanville Jason Haver Dec 02, 2011
‘The market is giving several signals that a top may be near… In conclusion, I
remain medium and long term bearish.’ , Lies,
Damned Lies, and (Unemployment) Statistics Mac Slavo | The
actual unemployment rate in the United States is in excess of 22%. , Europe in worst hour since WW2: Merkel [Duh! Ya think?] , Congress
Trading Stocks on Inside Information!? Wall St. Cheat Sheet , Bob
Chapman: Surviving The Banker Sociopaths The Alex Jones Channel | Alex
talks with regular Friday guest Bob Chapman of the International Forecaster. , SPX Update: Crash Wave Ready; Confirmation Still Pending Jason Haver
11-11-11 , Do Valuation Metrics Still Apply or Has The Market Become
Untradable? Simon Maierhofer Etf Guide [ Short answers: No and yes the
market has become ‘untradable’ for investors. I would add that the ‘debased
dollar policies’ (ie., QE’s, overprinting of paper currencies / dollars, etc.)
enable sales / revenues to be booked with ‘more’ of the inflated dollars
relative to costs booked at the ‘fewer / greater value’ dollars which spikes
earnings but leads to the inevitable margin erosion when the reported costs
‘catch up’ in terms of inflated ‘Weimar’ dollars. Hence, even the averages when
deflated for real inflation (see Faisal infra) show a far less sanguine picture
(than say, hard assets, ie., gold, etc.). Even more important is the effect of
the HFT programmed trades , http://albertpeia.com/wallstreetcrapshoot.jpg , Bernanke
Knows He’s Powerless This Time Around by Phoenix Capital Research
11/10/2011 , The
Aftermath of the Risk-Free Sovereign Debt Illusion
Minyanville (Fri, Nov 11 ] Divergences
Point To Stock Market Crash http://www.bullfax.com/?q=node-divergences-point-risk-stock-market-crash
11/10/2011 James A. Kostohryz , EU Warns Of
‘Deep, Prolonged Recession’ Dow Jones Newswires | The European Union
Thursday slashed its growth forecast for the 27-nation bloc in the coming year.
, Dave’sDaily:
http://www.etfdigest.com [WELL FOUNDED] FEAR REMAINS.. November 10, 2011
‘Rapidly changing news cycle, combined with HFT algos …As has been routine,
previous data was revised higher from 397K to 400K, and given this pattern, you
should expect current data revised higher next week…’ What First Time Unemployment Claims Data Is Saying About the
Economy Lee Adler Nov 10, 2011 ‘…Purely by accident,
the real number this week wasn't too far off at 398,753, but that was an
increase from last week's 369,647, not a decline as shown in the cartoon numbers.
Furthermore, it was about 70,000 more than at the seasonal low reached the last
week of September…’ Famed
economist predicts economic calamity in 2012. See the evidence.
http://w3.newsmax.com/a/aftershockb/video.cfm , These 4 things happen right before a heart
attack. newsmax
http://www.newsmax.com/Newsfront/silent-heart-attack-symptoms/2011/09/23/id/412086 ,
50% unemployment & 90% Dow crash also
predicted. Newsmax http://w3.newsmax.com/a/aftershockb/video.cfm ,
http://www.economist.com/content/global_debt_clock
is ticking! Analyst
Sees 3% More Downside On Dow As Cyclicals Lose Momentum
Barrons.com (Wed, Nov 9) [ Is that all? Sounds like a fraudulent wall
street wet dream! Far more reliable analysts predict much lower, infra. ] , There
Is No Solution for Europe”: Stocks Tumble as Italian Yields Surge The
Daily Ticker (Wed, Nov 9) , PERVASIVELY CORRUPT, DEFACTO BANKRUPT AMERICA IS A TOTAL
FRAUD IN THE INDUCEMENT AND FACTUM. #9. (see
infra) World’s Largest Drug Dealer: The American empire is the largest
drug dealer in the world! Say it isn’t so. Well, in addition to forcing
legal drugs and genetically modified organisms on nations,
usually under the cover of foreign aid, America also leads in the illegal drug
trade. In fact, many researchers reveal that the war on drugs is only
utilized to control and monopolize the illicit drug trade. The US government
has been caught multiple times shipping
in cocaine [ http://www.youtube.com/watch?v=bQvbdiWgwsA , http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related , http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related , http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related , http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related ] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html ] to control the industry, and now
openly protects and
transports opium from Afghanistan
[ http://www.youtube.com/watch?v=ElEciFI0Pew ] . In
fact, Global Research points out that in 2001, “according to UN
figures, opium production had fallen to 185 tons. Immediately following the
October 2001 US led invasion, production increased dramatically, regaining its
historical levels.” This month, the U.N. announced that Afghanistan now
provides 93% of the world’s opium production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world ] ; up 61% compared to 2010 to a whopping 5800 tons.
Although the empire tries to keep it secret, they can’t hide the
hypocrisy forever. [ website archived links http://albertpeia.com/uscocainedistributionfiles.htm ] , HFT
TRADING RULES MONDAY Dave’s Daily: http://www.etfdigest.com
11-7-11 , Italy: Too
Big to Fail, Too Big to Save? Nov 7th, 2011 (CNBC) , Italian
Debt Crisis Has Global Markets on Edge. Here’s Why It Matters to You JK
Comment: The Daily Ticker guys offer some interesting insight on the evolving
situation in Europe, and how “contagion” may not be limited to the shore’s of
Europe.’ , Presenting
The Latest Eurodebt Exposure Masking Scam Courtesy Of Morgan Stanley: Level 1
To Level 2 Transfers Tyler Durden , Here Is Today's 3pm
Rumor... Durden ‘ In true save-the-market
style, as 3pm ET comes around we have another rumor from Europe. This time it
purports to be the creation of an investment fund, as a subsidiary of the EFSF,
which will 'attract' external capital sources, via tranching of returns, to
enable the purchase of sovereign debt in primary and secondary markets.
Headlines, via Bloomberg, for now suggest this is yet another strawman…’ , No smoking gun: IAEA Iranian nuclear report falls flat on
its face Patrick Henningsen | The IAEA report has come up short, but the Axis
powers are still desperate to hit Iran , 10 Reasons America Will Be Judged as the Most Brutal
Empire in History http://www.prisonplanet.com/10-reasons-america-will-be-judged-as-the-most-brutal-empire-in-history.html
Activist Post | Good and evil doesn’t have a grey zone.. America and her
Western cohorts will likely be viewed as the most brutal empire in history..
Although this empire is infinitely more powerful than Rome was, it will suffer
the same fate. For every negative action the empire commits, there’s an
equal and opposite good reaction. And the goodness of humanity will always
defeat tyranny when it goes too far. However, an empire with so much to
lose will go down swinging and slinging every weapon in its arsenal, thus
putting the final stamp on their status as most brutal empire in history.’ , Greek Debt Crisis: Mark II of the Plan for a Greatest
Depression Kurt Nimmo
| HSBC, a prized bankster asset connected to the City of London, warns of a
global depression. , Hit
With Big Withdrawals, Fed Sells Assets, Borrows Cash ilene
11/06/2011 , Fed
Underestimated Economy's Weakness: Kohn TheStreet [ Another
‘duh!’ moment from the fraudulent fed! ] , Tempted by Europe? Don’t Be - http://www.theglobeandmail.com/globe-investor/markets/markets-blog/tempted-by-europe-dont-be/article2228163 ‘ ,
Europe.
Is. Finished. Phoenix Capital... 11/05/2011 ‘Europe is
finished. The region’s entire banking system is insolvent (with few
exceptions).’ ,
Earnings
Warning Ratio Highest In a Decade The Wall Street Journal ‘…In other words, even as the market
has rallied, the outlook for earnings has gotten worse.’ , Minyanville's
T3 Weekly Recap: Market Breaks Streak of Weekly Gains, Focus Shifts to Italy Minyanville , The Chart That's Forecasted Every Major Move Correctly Since
March 2011 Simon Maierhofer 11-4-11 ‘… major indices may just be chopping around for
another week or two before heading south for the winter…’ , SPX and NDX Update: Top May Be In as Retracement Rally Hits
Targets Jason Haver , Handicapping
a Global Market Meltdown
Minyanville , Extreme Poverty Is Now At Record Levels – 19 Statistics
About The Poor That Will Absolutely Astound You The Economic
Collapse , Insider selling surges — CBS MoneyWatch , Greenspan
Suggested Cutting Taxes on the Wealthy to Increase Debt so the Fed Wouldn't
"Lose Control of Monetary Policy" Posted by: George Washington , First
Time Unemployment Claims Increase But Less Than Usual Posted by : ilene
Post date: 11/03/2011 - There's just one minor problem. http://www.zerohedge.com/contributed/first-time-unemployment-claims-increase-less-usual Courtesy of Lee Adler of the Wall
Street Examiner "Fewer people applied for unemployment
benefits last week, a hopeful sign that the job market might be picking
up," trumpeted the AP, in a news item picked up by news organizations
across the US and the world. There's just one minor problem. First time claims
actually increased by 9,361. The AP, and everybody else, reports a fictitious
number, the seasonally smoothed fantasy. They do that because they figure that
readers are too stupid to compare this week's performance with the same week in
previous years to see if the economy is doing better or worse. I hold no such
preconceived notion. If you are smart enough to be reading this report, then
you are smart enough to be able to compare actual numbers, as opposed to the
fake pablum spoon fed to you by the economics punditocracy…’ , Unique
Historic Precedents Suggest Lower Prices
http://finance.yahoo.com/news/Unique-Historic-Precedents-etfguide-1382828970.html?x=0&.v=1 ETFguide Simon
Maierhofer, November 3, 2011 ,
Europe is doomed — Felix Salmon http://blogs.reuters.com/felix-salmon/2011/11/03/europes-doomed-fate ‘This
is beginning to feel like 2008..’ , Because
Central Banks Just Aren't Enough: G-20 Will Ask IMF To Print Reserve Currency Durden Four months ago we predicted that in response to
the latest round of global economic deterioration, every central bank would
very soon join the toner party., Today's
Joke Du Jour Comes From Italy's Biggest Bank, UniCredit , SEC
Opens Investigation Into MF Global Insider Trading, Ignores Glaring Evidence Of
Client Capital Commingling , Hugh
Hendry Channels Irony And Paradox In His Latest Financial Outlook ‘..So what’s next? A crash, of
course..’, As
Repeatedly Warned, Quarter End Window Dressing Key Factor In MF Global's Demise Tyler Durden11/04/2011 Citi:
"The Bear Market Rally Is Behind Us; We Anticipate A Move To
1,000-1,015" by Tyler
Durden 11/02/11 , Fed lowers GDP forecast, raises unemployment projections, mulls
more inflation producing, failed, futile, wall street fraud-friendly action to
the detriment of all others which rallies those ever more worthless as with
dollars ‘pieces of paper’ (actually not even, just ‘over-counted/supplied
computerized ‘ledger’ entries) for the ubiquitous as in the last financial
fraud debacle) for the continuing High-Frequency-Trade churn-and-earn
(Reuters) , Market
Recap: Banks Rally Back, Fed Outlook Worsens [jersey based, former
lautenberg adp data’s as worthless as that from the scandal-scarred commerce
dept. et als, ie., factory numbers; then, the labor dept.’s fake report,
estimates, numbers, including the b.s. service sector, etc..) Wall St.
Cheat Sheet , Fed foresees far weaker growth than it had earlier , MF
Global Client Theft Estimate Doubled To $1.5 Billion?
Durden, Game
Over Berlusconi? Italian Anti-Crisis Bill Fails
Durden, Egan
Jones Downgrades Jefferies On Concerns About Sovereign Exposure Amounting To
77% Of Equity Durden , Guest
Post: MF Global Shines A Light On Monetarism's Incapacity To Enhance The Real
Economy , Will
Spiking Vol Drag Global Growth Down? [Short answer: YES! The HFT churn and
earn is parasitic, benefits the frauds on wall street only, and ultimately must
‘come from some real place’ (ie., main street, taxpayers, etc.)] The
Greco-Franco Bank Run Has Skipped the Pond, Landed in NY/Chicago and Nobody
Noticed, Exactly As I Predicted! Reggie Middleton 11/01/2011 ‘We just
experienced a bank run in the US that I have been warning of for months on end.
A bank run that resulted in this country's 8th largest bankruptcy,,, ever - and
nobody even noticed.’ , How
US Banks Are Lying About Their European Exposure; Or How Bilateral Netting Ends
With A Bang, Not A Whimper Tyler Durden , Keeping
Up With The Korzines In The Kooler: FBI To Investigate MF Global's Theft Of Client
Money Durden , US
construction spending +0.2% in Sep, below market expectations of +0.3%, vs 1.6%
Aug. Nov 1st, 2011 , US
ISM fell to 50.8 in Oct, below market expectations of 52.0, vs 51.6 in Sep.
Nov 1st, 2011 Guest
Post: Fed Trapped By Inflation Durden ,
Keeping
Up With The Korzines In The Kooler: FBI To Investigate MF Global's Theft Of
Client Money Durden , US
Food Stamp Usage Hits New Record Durden ,
The
Coming Derivatives Crisis That Could Destroy The Entire Global Financial System
The Economic Collapse , The
REAL $200 TRILLION Problem Bernanke’s Worried About Phoenix Capital... ‘US Commercial banks have
$200 TRILLION in interest rate based derivatives sitting on their balance
sheets. And guess which banks have the greatest exposure…’ ; and, finally
the coup de gras , America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion ’, Unthinkable
Poised to Happen on Wall Street. See Disturbing Charts. (Moneynews) http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CD97-1 , http://www.stansberryresearch.com/pro/1108PSI9MOVD/PPSIMA06/PR Mf global, plus mob infested jersey former governor,
plus fraudulent wall street, plus mob strong new york, plus rich mob history
Chicago, equals fraudulent scheme / theft / scam in the making and then
reality! Someone
Is Going To Jail For This: MF Global Caught Stealing Hundreds Of Millions From
Customers? Tyler
Durden 10/31/2011 , Graham
Summers’ Weekly Market Forecast (Wake Up Call Edition) Phoenix Capital... 10/31/2011 The markets flew
into this deal based on rumors and short-covering and are now waking up to the
plain obvious facts that you cannot solve a debt problem with more debt. , Panic
Behind The MF Scenes As Company Refuses To Disclose Information To Regulators
Even In Death Tyler
Durden 10/31/2011 , Are
Investors Buying on False Hope? Minyanville , Markets
Remain in Cyclical Bear Market
Kevin Tuttle [ Actually this is
a secular bear market with much worse to come! ] , U.S.
and Europe … “Self-Induced Stagnation,” says Economist Editor The
Daily Ticker , Why Last Week's
Euro Fix Won't Do the Trick ETFguide Maierhofer , Corzine's MF Global collapses under euro zone bets , Are
Ratings Agencies Taking Bribes? Wall St. Cheat Sheet [ One way or
another, from all 3 branches of u.s. government to u.s. businesses coast to
coast, wall street to main street, they’re all getting / taking bribes! ] , SPX and NDX Update: A Disturbing Look at Fundamentals, and the
Rally Explained Jason Haver
Oct 31, 2011 , China Says Not So Fast On Rescue
http://www.thestreet.com/_yahoo/video/11292710/buy-and-hold-is-dead-buy-and-hedge-instead.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#1250281566001 , MF Global Caught in Death Spiral , Sell
H-P! Against the Grain 10/31/11 , Europe Will
Make Lehman Look Like a Joke http://gainspainscapital.com/?p=1010 Summers 10-28-11 , Be
Honest – The European Debt Deal Was Really A Greek Debt Default Posted by :
ilene
Post date: 10/28/2011 - 2012 looks like it is going to be an extremely painful
year. [ Yes! Very painful! I believe Dave was the first ‘to get this’ in
passing yesterday; and, thinking on it more, I believe this charade cheered
particularly by the frauds on wall street (and surprisingly germany) was for
the purpose of ‘voluntary’ to avoid the Credit Default Swap trigger. Yet, the
real bad news is that, even worse than as with the last financial debacle,
owing to the greed-driven, commission/fee generating churn and earn of
innumerable, bogus, worthless, levered, negatively valued on event financial
instruments at computerized lightning speed, the commission-generating paper is
beyond the frauds’ abilities to account for; and not just the CDS’s ( ETFs
have potential to become the next toxic scandal Sep 19th, 2011 News
(The Telegraph) Financial Stability Board (FSB), an international super-regulator,
wrote a prescient if less than catchily-titled paper “Potential financial
stability issues arising from recent trends in Exchange Traded Funds
(ETFs)”..warning – ETFs are not the cheap and transparent vehicles the
marketers would have us believe ..no one who read the FSB report was surprised
to see the words ETF and rogue trader in the same sentence… half of the ETFs in
Europe today do not match the index they are designed to track by holding all
of its constituent shares.. Derivative trades add a second layer of uncertainty
.. the counterparty risk that the organisation on the other side of the
contract might go bust. Even worse, the provider of the ETF might
sometimes be a part of the same organisation as the derivatives desk carrying
out the swap …For reasons which I’m not sure I could explain even if I
had the space, it is possible for the number of shares sold short in an
ETF to massively exceed the actual number of shares available .’) . Not
only is it that The
Greek Deal Accomplishes Nothing… Systemic Risk is Coming http://gainspainscapital.com
October 27th, 2011 (Yes! It’s happened again. No … not just the (Weimar)
funny money and rally as in the great depression followed by the inevitable
bust /crash Parallels
to The Great Depression Suggest Higher Prices Followed by a Bust ETFguide
Simon Maierhofer, October 25, 2011 ),
but The
Coming Derivatives Crisis That Could Destroy The Entire Global Financial System
The Economic Collapse , The
REAL $200 TRILLION Problem Bernanke’s Worried About Phoenix Capital... ‘US Commercial banks have
$200 TRILLION in interest rate based derivatives sitting on their balance
sheets. And guess which banks have the greatest exposure…’ ; and, finally
the coup de gras , America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion ’, Unthinkable
Poised to Happen on Wall Street. See Disturbing Charts. (Moneynews) http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CD97-1 , http://www.stansberryresearch.com/pro/1108PSI9MOVD/PPSIMA06/PR , Dave’s
Daily http://www.etfdigest.com/davesdaily ‘The only thing wrong with the image above
is that it’s from March 2010, or on one of many previous plans agreed upon.
But, markets don’t care about this and just thirst for any deal even if
memories remain short.. HFT algos are programmed to pounce on these presumed
fixes and have been active in driving stock prices higher this past week. Let’s
face it; this is the time of year bulls can make their year with good fees and
bonuses on the line…’ , Dave’s Daily: http://www.etfdigest.com ‘The above image displays quotes per
second coming from HFT (High Frequency Trading) systems http://www.etfdigest.com/images/stories/davesdaily/1866/image002.jpg http://www.etfdigest.com/images/stories/davesdaily/1866/image002.jpg . The two graphs display action towards
the close of trading Friday. The upper graph shows action of “algos” per second
while the bottom the number of HFT quotes per second over a three minute time
period with colors for each exchange. The lower graph displayed nearly 300
quotes per second—got that? Perhaps only a small fraction of these are real
trades with the others being just bids and offers designed to stimulate program
trading algorithms. This is posted because nearly 70% of all volume and trades
on the NYSE for example are program trades with HFTs now dominant. ‘ Then there’s the reality / folly that the
mental case with the funny / odd little mustache has been displaced by another
ubiquitous fraud of collectively the ‘multiple mental cases modern day
equivalent variety’; viz., the bourse, bourses, ‘boursers’, stock exchanges,
‘market fraudsters’(wall street particularly), and their lightning fast, high
frequency trading computers(‘ programs). After all, the already
undercapitalized banks are now 50% more undercapitalized (those Yule Brynner
hair cuts are a b**ch); there’s good money after bad; and square pegs are, for
the nonce, ‘fitting’ into round holes. Nothing’s been solved and there’s much
worse to come! Take this as the ‘gift’ (to stock markets everywhere, ultimately
paid for by main streets and taxpayers everywhere) [Market
Now Overbought: Birinyi The Wall Street Journal ] it was meant
to be and sell, take profits, since this ‘microcosm of the crisis’ was never
the real reason for lower markets but merely at best a symptom of [ at worst a
scapegoat for ] these great depression-era times, the worst of which will be
seen. It’s coming! Funny money will just exacerbate the inevitable! This may sound
like a platitude; but, fundamentals and reality still count! STOCKS
TANK BEFORE EU MEETING THAT EVERYONE EXPECTS TO FAIL: Here's What You Need To
Know Business Insider [ No …this is not quite correct … the point
being there’s nothing they can do to make it (other than the meeting in and
of itself as ‘a much ballyhooed meeting’)
succeed! Graham
Summers’ Weekly Market Forecast (Stocks Are Last to Get It Edition) Submitted by Phoenix Capital
Research 10/24/11 ‘…So if you have not already taken steps to
prepare for systemic failure, you NEED to do so NOW. We're literally at most a
few months, and very likely just a few weeks from Europe's banks imploding
…’, America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke. There are signs everywhere one looks…The government’s total
indebtedness is $211 trillion ’ , Four
Facts that PROVE the EFSF Doesn’t Matter… At All Phoenix Capital 10/20/2011Four Facts that PROVE the EFSF Doesn’t
Matter… At All - ‘.. And those investors who get suckered
into betting this mess will work out well are very likely going to lose
everything. The impact of the fallout from this will make 2008 look like a joke.
The EU is the largest economy in the world. So if its banking system collapses
(and it will) we’re facing a full-scale Global financial meltdown (the IMF has
even warned of this)…’ , The
Coming Derivatives Crisis That Could Destroy The Entire Global Financial System
The Economic Collapse , The
REAL $200 TRILLION Problem Bernanke’s Worried About Phoenix Capital... ‘US Commercial banks have
$200 TRILLION in interest rate based derivatives sitting on their balance
sheets. And guess which banks have the greatest exposure…’ , Parallels to The
Great Depression Suggest Higher Prices Followed by a Bust ETFguide Simon
Maierhofer, October 25, 2011 Investors'
Number One Worry: Europe Posed to Bring Down Global Economy Minyanville [ Riiiiight! Europe following
the ‘american way’ of ‘insurmountable
debt, funny money and wall street fraud, and throw in a destructive, wasteful
war or two or three’ is ‘ the one’ … to
reiterate: America’s
debt woe is worse than Greece’s News (CNN) — ‘Our government is
utterly broke…The government’s total indebtedness is $211
trillion ’ ] , Minyanville's T3 Daily Recap: The Anatomy of a Market Reversal T3Live.com Oct 24, 2011 ‘Now may be a good
time to take some profits after a strong October run in the market…’, 10 Reasons The Consumer Will Sink This Rally http://www.bullseyemicrocaps.com/?p=13626 Bret Jensen , United
States tipped to lose another AAA credit rating Reuters | Either from
Moody’s or Fitch , Can The Hope Rally Continue? [ Short answer: NO! ] , Unthinkable
Poised to Happen on Wall Street. See Disturbing Charts. (Moneynews) http://w3.newsmax.com/a/aftershockb/video.cfm?PROMO_CODE=CD97-1 , http://www.stansberryresearch.com/pro/1108PSI9MOVD/PPSIMA06/PR
ANALYST
FORECASTS: BULLS AND BEARS By Richard Shaw
[there were 3 bull forecasts which are bull s**t and
not included in the following excerpt to preclude fraud and conserve space;
even the neutrals are a stretch ]
…..BEAR - May 30: Morgan Stanley equity analyst Jason Todd says sell this
S&P 500 rally. He says Morgan Stanley does not see large upside above
825-850. He said, “In the rush to buy a cyclical recovery, it seems earnings or
valuation no longer matters. We would be comfortable with this view if the
earnings trough was closer, but it is not.”
BEAR - MAY 28: Berkshire Hathaway possible successor
to Warren Buffet, David Sokol, says they see no evidence of the green shoots
that been a stimulus to the stock market. He sees the most significant
headwinds to the electric utility industry in his 30 years, and see continuing
housing industry problems.
BEAR?/BULL? - May 28: PIMCO co-CEO Bill Gross (manager of world’s largest
bond fund) portrays “new normal” including accelerating inflation toward the
latter part of a three- to five-year cycle, and the need to reexamine accepted
notions about investing. He said stocks have not and will not always outperform
bonds, and having 60% to 80% of portfolio assets in stocks may not always make
sense. He believes the dollar will lose its status as the reserve currency;
Brazil, India and China (forget Russia) will offer the best growth. The U.S.
government will be selling trillions in Treasuries; the US savings rate may
rise significantly, and the consumer economy may be shrinking long term due to
the aging of the population.
BULL?/BEAR? - May 28: GMO CEO Jeremy Grantham predicts higher US savings
and lower consumption with many postponed retirements. He sees some reasonable
values within the stock market now and sees the third year of the presidential
cycle (2011) as the most promising. He is not certain that a robust rally will
continune. Like John Bogle, he believes in the principle of having your age as
the percentage of bonds in your portfolio. He expects a bubble in emerging
market stocks to develop.
BEAR - MAY 26: Comstock Partners portfolio managers
Charlie Minter and Marty Weiner, say P/E’s on “as reported earnings” are too
high in consideration of the long-term trend in earnings (now in down phase).
“Over the past 75 years, most market peaks topped at around 20 times reported
earnings, and the troughs occurred at around 10 times earnings. The financial
mania of the late 1990s pushed P/Es to over 40 times reported earnings, and the
following bust never brought P/Es below 18 times reported earnings. … Going
back to 1950, every instance where actual earnings rose above trend-line
earnings was followed by a period where actual earnings went well below
trend-line earnings. Comstock Partners believes that we have entered such a
period now, and that the market is trading at such a high multiple of
trend-line earnings that it will be difficult to make money.”
BEAR - May 19: Gluskin Sheff analyst David Rosenberg
(formerly of Merill Lynch) says this rally is a sucker’s rally based on short
covering. “The FTSE All-World market P/E ratio on forward earnings estimates is
now around 15x, well above pre-Lehman collapse levels and nearly double the
lows for the cycle … this was a rally built largely on short covering, pension
fund rebalancing and the emergence of hope wrapped up in ‘green shoot’ data
points. … On average, the S&P 500 undergoes a correction of more than 20% …
at a minimum, take profits”
NEUTRAL (BEAR?) - May 11: Baring Asset Management portfolio
manager Hayes Miller says “Estimates suggest there isn’t that much further to
run because equities are fairly valued … Earnings growth for 2009 and 2010
can’t support prices too much higher than where we are today.”
BEAR - May 11: HSBC Global Asset Management chief
investment officer Leon Goldfeld, chief investment officer at HSBC Global Asset
Management said it’s “hard to see” enough profit growth to justify higher stock
prices. The firm’s strategy will be to reduce its holdings of equities and move
into bonds and cash, he said.Bloomberg TV on June 1, said HSBC forecasts 900 as
the year-end price for the S&P 500 index.
NEUTRAL - May 11: Bloomberg compilation of analyst forecasts of 2009
earnings for the S&P 500 is at $57.17 (not stated whether “as reported” or
“operating”). As of June 1, that puts the S&P at about 16.5 times
forecasted earnings. Yale economist Robert Schiller said the historic average
is a multiple of about 16.3. [we note that we are not in an average situation
or stage of a market, however].
BEAR - May 11: Bank of America CIO for private wealth
management expects a 10% correction. He said, “We’re going to be in a very
volatile, chop-and-grind type of market. We’ve been shown that there is a small
light at the end of the tunnel, it’s dim but getting brighter, and that’s why
stock prices have come this far this fast. Now, it’s all about ‘show me.’”
BEAR?/ BULL? - May Letter: PIMCO co-CEO Bill Gross wrote: “Do not
be deceived by the euphoric sightings of “green shoots” and the claims for new
bull markets in a multitude of asset classes. Stable and secure income is still
the order of the day. Shaking hands with the new government is still the
prescribed strategy, although it should be done at a senior level of the
balance sheet. If the government indeed becomes your investment partner, you
should keep the big Uncle in clear sight and without back turned. Risk will not
likely be rewarded until the global economy stabilizes and the Obama rules of
order are more clearly defined.”
BEAR - April 17: Barclay’s analyst Barry Knapp forecasts S&P 500
at 757 by year-end 2009. He said, “The equity market has priced this recovery
and then some. It looks pretty expensive to us.”
(7-1) SELL / TAKE ANY PROFITS IN THIS SECULAR
BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) [$$] Big Pay Packages Return to Wall
Street as new fraud gains steam (at The Wall Street Journal Online) ] BASED ON
CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... Job losses / job concerns realistically
weigh on confidence, real estate values/prices continue downward trend as per
Case / Shiller Index (-18.1%, -21% in california) Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest rates
coming, budget deficit at new highs and trade deficit worse than expected,
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets
, new record for continuing unemployment claims, fed
downgrades outlook that previously provided b.s. for suckers’ rally, record low
for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
(6-30) SECULAR BEAR MARKET SUCKERS’ RALLY TO
END WELL OFF SESSION LOWS TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO
KEEP SUCKERS SUCKERED Job losses / job concerns realistically weigh on confidence,
real estate values/prices continue downward trend as per Case / Shiller Index
(-18.1%, -21% in california) Consumer
confidence suffers steep fall... Home prices post 18% annual
drop... Worldwide Depression: Review of Global Markets . Four banks fail, bringing 2009 tally to
19 more than all of 2008 at a total thus far of 44
Dollar Falls Most in Month as China Urges New Reserve
Currency Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same
old - already have but no will to enforce existing laws, etc.), analyst who
called crash says inflationary depression, banks passed stress tests only with
the help of fraudulent change in accounting rules, banks still insolvent, toxic
assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end
of year, Obama/bernanke continuing failed policies of bush greenspan,
recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... The Next Bubble Is Here. Have You
Bought In? foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
Tiny Tim says dollar assets
safe...
Laughter from audience...
Why The Chinese Laughed At
Geithner Paul Craig Roberts | The red
ink that Washington is generating is a far greater threat to Americans than any
foreign “enemies.”
(6-3) ONLY MODEST LOSSES RELATIVE TO REALITY
WITH PROGRAMMED SHORT-COVERING/SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS
SUCKERED BASED ON CONTINUED BAD NEWS (
ie., mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative AND BULL S**T
ALONE (ie., $100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL
COULD REACH $90... ----- , ‘SELL IN MAY AND
GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME!
(6-2) SUCKERS’ RALLY CONTINUES TO KEEP SUCKERS
SUCKERED BASED ON CONTINUED BAD NEWS The Big Collapse Is Very Near U.S. auto sales drop, but rays of
stability seen Economic crisis boosts distrust of business: watchdog
Dollar Declines as Nations Mull Reserve Currency
Alternative Grand
Theft Auto: How Stevie the Rat bankrupted GM Gold, Silver Climb as Dollar Falls Home foreclosure sales up, no profit discount car sales
better than expected
…When
measured in ounces of Gold, the DOW has been in a secular bear market since
peaking in late 1999. (Click
charts, courtesy of stockcharts.com, for full size image). The markets, measured
by the S&P500 (S&P500 Charts ) and DIJA (DJIA
Charts ), may have recovered to new highs in 2007, but the DOW:Gold ratio
told a different, truer story of just how unhealthy the US economy was…
BEWARE OF THE SUCKER'S RALLY? ‘… Most recently, the
S&P 500 soared 24 per cent over seven weeks ending in early January, only
to plunge to a new low. It was a fairly typical sucker’s rally and bear markets
often need more than one to create sufficient disillusionment for a definitive
bottom. The 2000–2002 bear market had three, with average gains of 21 per
cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear
markets, 1929 –1932, had six false alarms with an average gain of 47 per cent.
And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in
its first four years with 10 more false dawns since then. Bear markets
typically end with a whimper rather than a bang, casting doubt on the latest
recovery according to Hussman Econometrics, which analysed numerous US market
bottoms and bear market rallies. With the exception of the 1987 crash, the
month before the lowest point of a downturn saw a gradual descent. By contrast,
bear market rallies were preceded by steeper declines and had sharper rebounds.
Another characteristic of bear market rallies has been modest volume on the
rebound compared to the decline. The current recovery fits the pattern of bear
market rallies in terms of volume and the “V” shape of the trough. Analysts at
Bespoke Investment Group noted that there have been only seven other periods in
the past 110 years with rallies of similar magnitude for the Dow. Three
preceded the Great Depression, three came during the Depression and one in
1982…’
New record for
continuing unemployment claims and as with all government data, adp data, etc.,
is fudged to whatever way necessary to help froth the market. Short-covering
explaining part of what remains of this continuing suckers’ bear market rally
and as admonished by analyst at Farr Miller is a bull trap. How about plain old
bull crap! One
analyst (Craig Brown) points out that we’re not at the bottom yet : excerpt-‘ I hate repeating myself, but I do not
see the economy at bottom just yet, so in some respects I will keep repeating
myself until either other people wake up to this reality or something changes
to wake me up. The markets were
down a bit yesterday and, according to Bloomberg, they were down due to fears
of the stress test results. I don't fear them; I fear what they hide. I fear
that a reported 10 out of 19 banks failed when the tests were not at all
stringent enough. I fear that the government will soft-pedal the results to
make them bad enough to have a tad of credibility but not so bad that people
run for the exits. Don't buy my word for it, others are saying the same,
including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case
scenario in the stress tests is already rosier than reality.’ Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin :
"This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The
current pop in the market is not dissimilar to the many bear market rallies
between 1929-1933, where signs of economic stabilisation were met with 25% plus
rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting, they
are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through Wall Street sags on oil; S&P ends
worst week in 2 months Following Chrysler, GM slashing U.S.
dealers SEC lawyers probed for insider trading
GM, Chrysler to drop 1,900 dealers by
end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt
Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’
as world’s reserve currency Former Treasury Official who Devised
Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that
Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail Like
Communism New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
Corporate
CFR Members Get Most of the Bailout Money New American | Treasury Secretary Timothy Geithner served as a
staff member of the New York City-based Council on Foreign Relations before
being hired in 2003 to head the New York City branch of the Federal Reserve
Bank.Watch out for the fake government stress tests
(they lie about everything!). Note the delay in the rollout. Bank analyst
Cassidy says bank plan a failure. Business week business analyst /reporter says
(tongue in cheek) the optimism (irrational exuberance) must be the advent of
spring and the birds chirping (in the heads of the wall street
lunatic/frauds…cukoos). Analysts/Economists comments include: slow release of stress
test results, details and accuracy of data crucial for stress tests (good
luck!), things have not bottomed out but pace of decline has slowed somewhat,
bleak outlook for GM, Chrysler and bankruptcy probably necessary because of
legacy costs, and public pension funds with ridiculously rich benefits the next
shoe to drop. Oxdown Gazette sums up
the crucial story | ‘The 12 trillion
that is being floated to insolvent US banks is essentially being looted in the
paper economy’ (ie., churn and earn by wall street fraudsters who must be
prosecuted and forced disgorgement/forfeiture in the massive securities fraud
that still goes unmentioned though the source of this economic debacle, etc.). Four more banks
closed by regulators, this years closures exceeding all of 2008 as depression
continues John Letzing , MarketWatch April 24, 2009 SAN FRANCISCO
(MarketWatch) -- Four banks in Georgia, Michigan, California and Idaho were
closed by regulators Friday, costing the Federal Deposit Insurance Corp.'s
deposit insurance fund nearly $700 million as the effects of the credit crisis
continued rippling throughout the U.S. economy . Kennesaw,
Ga.-based American Southern Bank marked the 26th bank failure of the year and
the fifth in the state of Georgia, the FDIC said. Farmington Hills, Mich.-based
Michigan Heritage Bank then became the 27th failure of 2009, followed by the
closure of Calabasas, Ca.-based First Bank of Beverly Hills. Alpharetta,
Ga.-based Bank of North Georgia has agreed to assume American Southern Bank's
deposits, the FDIC said in a statement…
All reasons for previous reality plunge have been previously covered
and warned of here in real time; ie., new meaningless FASB accounting standards
which wall street frauds rallied on now have sold off on, worse to come in
credit defaults/losses, leading indicators down again, etc.. April 17 (Bloomberg) -- David Tice, the chief
portfolio strategist for bear markets at Federated Investors Inc., said
the Standard & Poor’s 500 Index will probably plunge about 62 percent.
He spoke during a Bloomberg Television interview today. The Federated Prudent
Bear Fund that he founded returned 6.7 percent last year as the S&P 500
plunged 38 percent, the most since 1937. Tice said the benchmark index for U.S.
stocks may slump to about 325. It closed today at 865.30. The measure has
surged 28 percent since March 9, the most in five weeks since the 1930s. SUCKER'S RALLY APPROACHING AN END by Peter
Cooper : Whatever the technical reason for the
25 percent rise in the S&P over the past five weeks, or a more modest eight
percent bounce in GCC regional stock prices, the absurdness of this sucker’s
rally ought to be obvious to all. Unemployment is still rising, house prices
are still falling, and the fundamentals of bank balance sheets are still
deteriorating with total bad debts unknown except that we know they must be
getting worse. Global trade fell off a cliff in the first quarter of the year.
Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The
collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming … The stock market pattern in 2008-9
has so far been a mirror image of the crash of 1929-30 with a halving of prices
from the autumn followed by a 25 per cent rally from March lows. In April 1930
stocks moved sideways and then they crashed another 50 per cent into the
summer… New record
continuing unemployment claims in excess of 6 million, -11% for new home sales
(unexpected but stocks and even homebuilders rallied), Bloomberg reports $13
trillion (much unaccounted for) taxpayer/bailout funds spent/lent/stolen by who
knows what/where/how (ie.,replace stolen funds?, etc.), second largest mall co.
to bankruptcy with more to come along with more commercial real estate
foreclosures. ‘…initial
claims for the week ending April 11 totaled 610,000, which is down more than
expected from the prior week, but continuing claims climbed more than expected
to a new record of 6.02 million. Separately, housing starts disappointed
investors hoping to find signs of a recovery in home building. Housing starts
for March totaled 510,000, which was below the 540,000 starts that were
expected and down from the prior month. Meanwhile, building permits in March
totaled 513,000, which is below the 549,000 permits that were expected, down
from February…’
SUCKER'S RALLY APPROACHING AN END by Peter Cooper: Whatever the technical reason for the
25 percent rise in the S&P over the past five weeks, or a more modest eight
percent bounce in GCC regional stock prices, the absurdness of this sucker’s
rally ought to be obvious to all. Unemployment is still rising, house prices
are still falling, and the fundamentals of bank balance sheets are still
deteriorating with total bad debts unknown except that we know they must be
getting worse. Global trade fell off a cliff in the first quarter of the year.
Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The
collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming
… The stock market pattern in 2008-9 has so far been a mirror image of the
crash of 1929-30 with a halving of prices from the autumn followed by a 25 per
cent rally from March lows. In April 1930 stocks moved sideways and then they
crashed another 50 per cent into the summer. What possible reason is there for
optimism to believe that history will not repeat itself? Government stimulus
packages have more than likely been too small and too late to prevent another
down leg in stocks, and will take time to revive the real economy, if indeed
they can do so. They might just stop the worst possible scenario but are they
going to prevent the plunge downwards? Governments have not managed it so far.
Consumers and
unemployment
…It will take more than weasel words from US bankers and ‘green shoots’ in the
waffle of President Obama to put things right. Eventually global stock markets
will reach a bottom but they are not close to having visited it just yet. Wall
Street and its friends are playing investors as suckers but they are in danger
of overdoing it. For once these guys are impoverished where will the next bunch
of fools come from? Goldman Sachs' (GS ) results this week might well
mark the top of the rally, beyond that the only way is down.
Industrial production down –13%, most since WW2. The wall street
frauds celebrate increase real estate sales…on increased
foreclosures…riiiiight! U.S. foreclosure filings jump as moratoriums
end
US foreclosures up 24 percent in 1st
quarter Jim Rogers Says Investors Should
Expect More Bottoms Still
not one prosecution as new churn and earn fraud/bubble begins with taxpayer
bailout funds (old reliable foggy/sell the sizzle tech sector now the wall
street frauds’ refuge-remember the dot com bust, etc.). BULL S**T STORIES FOISTED AS B.S. TALKING POINTS FOR
CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING : WELLS FARGO RECEIVED $25 BILLION TAXPAYER MONEY/BAILOUT
FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT- GOLDMAN
RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY AND
REPORTS QUARTERLY $1.8 BILLION PROFIT - MORGAN CHASE
RECEIVED $25 BILLION AND REPORTS QUARTERLY $2+ BILLION PROFIT – CITI
RECEIVED $25 BILLION AND REPORTS QUARTERLY $1 BILLION LOSS - BANK
OF AMERICA RECEIVED $45 BILLION AND REPORTS QUARTERLY $3+ BILLION PROFIT
AND SETS ASIDE $13 BILLION FOR LOAN LOSS RESERVES – MORGAN STANLEY RECEIVED $10
BILLION AND REPORTS QUARTERLY $1 BILLION LOSS - DO THE MATH (FIRST GRADE
ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT RATE,
TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL S**T! …[ The upshot is that the
fraud continues in churn-and-earn fashion with investors, taxpayer, etc.,
getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Treasury asking banks keep quiet on
stress tests New unemployment claims at high 654,000 praised as positive
number… riiiiight! …as continuing unemployment claims at record 5.84 million
(real numbers even worse). Economy so bad that consumers can’t buy goods so
trade deficit shrank but this is a structural defect in u.s. economy so not
good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus,
consolidation, robbing peter to pay paul, take profits; while economist cite
Reich that we’re in depression and government as in land of fruits and nuts out
of control. Earnings revised downward for first
quarter –36.5%, more weakness, more unemployment, inflation to come on fast
says Hogan, and insurance companies now que up at corporate welfare/taxpayer
bailout lines. In positing (suckers’) bear market rally and advocating
hold cash/sell stocks Hillary Kramer points to the preposterous on wall street
where bad news greated as good vis-à-vis stocks (they call what wall street
does ‘fraud’…in a rational world where they would already be in jail). Madman
Cramer – the ultimate contrarian indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR
Greg Feirman Wow, the bulls are really feeling good. “Wells Fargo
Carries The Day” and the S&P and Dow closed at 2 months high
and the Nasdaq is near its highs for the year. On Mad Money this evening , Cramer went so far
as to call “a turn in the economy”, saying “the facts have changed”, “the
situation has clearly improved” and “things are getting better”. This isn’t the
first time Cramer has called a bottom and he’s been wrong before (For example,
see “Cramer Declares The End Of The Bear Market”
, Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday
October 6 , Cramer went on the today show and told people to sell
any stock money they might need in the next five years. The market bottomed
that Friday. It could run another couple weeks but this rally is running thin. Methinks
me smells a top ….. Rational
View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness
in the financial sector, the looming deterioration of commercial real estate,
the credit markets tepid backing of the equity rally, and the still very shaky
and highly volatile global economy, it's our view at ETFdesk.com the recent
run-up in stocks is unwarranted and presents an overly optimistic view of the
months ahead. We believe investors should consider taking short term profits or
use the recent run to reduce equity exposure they are weary of. We also believe
investment grade debt (NYSEArca: LQD - News ) represents an opportunity for investors
seeking beaten down prices without the downside volatility of equities…
THE FOLLOWING AT LEAST TO PREVIOUS (7-6-09) IS MUST READ :
SELLER
April 17 (Bloomberg) -- David Tice, the
chief portfolio strategist for bear markets at Federated Investors Inc., said
the Standard & Poor’s 500 Index will probably plunge about 62 percent.
He spoke during a Bloomberg Television interview today. The Federated Prudent
Bear Fund that he founded returned 6.7 percent last year as the S&P 500
plunged 38 percent, the most since 1937. Tice said the benchmark index for U.S.
stocks may slump to about 325. It closed today at 865.30. The measure has
surged 28 percent since March 9, the most in five weeks since the 1930s.
SUCKER'S RALLY APPROACHING AN END by Peter Cooper: Whatever the technical reason for the
25 percent rise in the S&P over the past five weeks, or a more modest eight
percent bounce in GCC regional stock prices, the absurdness of this sucker’s
rally ought to be obvious to all. Unemployment is still rising, house prices
are still falling, and the fundamentals of bank balance sheets are still
deteriorating with total bad debts unknown except that we know they must be
getting worse. Global trade fell off a cliff in the first quarter of the year.
Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The
collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming
… The stock market pattern in 2008-9 has so far been a mirror image of the
crash of 1929-30 with a halving of prices from the autumn followed by a 25 per
cent rally from March lows. In April 1930 stocks moved sideways and then they
crashed another 50 per cent into the summer. What possible reason is there for
optimism to believe that history will not repeat itself? Government stimulus
packages have more than likely been too small and too late to prevent another
down leg in stocks, and will take time to revive the real economy, if indeed
they can do so. They might just stop the worst possible scenario but are they
going to prevent the plunge downwards? Governments have not managed it so far.
Consumers and
unemployment
…It will take more than weasel words from US bankers and ‘green shoots’ in the
waffle of President Obama to put things right. Eventually global stock markets
will reach a bottom but they are not close to having visited it just yet. Wall
Street and its friends are playing investors as suckers but they are in danger
of overdoing it. For once these guys are impoverished where will the next bunch
of fools come from? Goldman Sachs' (GS ) results this week might well
mark the top of the rally, beyond that the only way is down.
Madman Cramer – the ultimate contrarian
indicator - CRAMER'S
CALL: ANOTHER RALLY TOP INDICATOR Greg Feirman Wow, the bulls are
really feeling good. “Wells Fargo
Carries The Day” and the S&P and Dow closed at 2 months high and
the Nasdaq is near its highs for the year. On Mad Money this evening , Cramer went so far
as to call “a turn in the economy”, saying “the facts have changed”, “the
situation has clearly improved” and “things are getting better”. This isn’t the
first time Cramer has called a bottom and he’s been wrong before (For example,
see “Cramer Declares The End Of The Bear Market”
, Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday
October 6 , Cramer went on the today show and told people to sell
any stock money they might need in the next five years. The market bottomed
that Friday. It could run another couple weeks but this rally is running thin. Methinks
me smells a top …..
Rational
View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial
sector, the looming deterioration of commercial real estate, the credit markets
tepid backing of the equity rally, and the still very shaky and highly volatile
global economy, it's our view at ETFdesk.com the recent run-up in stocks is
unwarranted and presents an overly optimistic view of the months ahead. We
believe investors should consider taking short term profits or use the recent
run to reduce equity exposure they are weary of. We also believe investment
grade debt (NYSEArca: LQD - News ) represents an opportunity for investors
seeking beaten down prices without the downside volatility of equities…’
Art Hogan recently
summed up choosing stocks in this environment thusly: ‘pick the best-looking
horse at the glue factory’…..I think he was as a courtesy to his industry
overly generous. The administration pitches hardballs to the auto industry
while continuing to pitch powder puffs to the wall street frauds who have
perpetrated the largest (securities) fraud in recorded history, turning a
cyclical downturn into what is now unavoidably depression, putting beleagered
taxpayers in the unfathomable position of funders/guarantors of the scam/fraud
in bailing out the perpetrators of the crimes (bush’s infamous base) who have
financially benefited enormously (fees, commissions, spreads, points, salaries,
expenses, bonuses, etc.) from their fraud/crimes. Still
not even one prosecution from this administration even though disgorgement, the
legal remedy among other criminal penalties, would aid the defacto bankrupt
u.s. treasury!
ON WHETHER
BEN BERNANKE HAS REDEEMED HIMSELF AND WHAT THAT MEANS FOR STOCKS:
I do not think so. On the contrary, I
think what the government is doing and its economic "dream team"
under Mr. Bernanke and Mr. Geithner and Mr. Summers are going to be, from a
longer term point of view, rather negative.
But, you understand, we can all sit here and say it will all end in disaster.
That I'm sure. But, in the meantime, we can have big moves in markets.
On the new bad assets purchase plan:
I think he's doing the politically
expedient thing from a very short term perspective. If you have cracks in your
walls and just put paint on it, it will hide them and then you sell your house.
But it won't solve the problems of the cracks - it's the next owner and these
are the children of the current taxpayer who will pay for it. Marc Faber: 'It Will All End in Disaster'
China calls for new global currency (AP)
Why Goldman Sachs Should Return Its TARP
Money (at Seeking Alpha) Marc Faber: 'It Will All End in
Disaster' Congresswoman presses Geithner on
connections to Goldman Sachs Gerald Celente Predicts Economic
Armageddon by 2012
Geithner Plan Will Rob US
Taxpayers: Stiglitz
It bears repeating, so preposterous was 3-23-09
Pavlov dogs rally [conditioning to associate what’s good for fraudulent wall
street, viz., privatizing profits – still not one prosecution for what now is
the largest fraud/scam/swindle in the history of this planet – and socializing
the losses, is somehow positive for america/the economy by the magnitude of
this suckers’ bear market rally and prior market manipulations] when the same
created the instant crisis in the first instance (don’t worry about the frauds
on wall street, they’ll get their commissions again on the way down as they did
in creating this financial debacle/fraud as they clamor for more
taxpayer/treasury money). They’re still printing/creating those worthless
Weimar dollars like mad, China Urges New Money Reserve to Replace Dollar ,don’t know
what they’re doing, are clueless, and disingenuously seek to divert attention
from the missing/stolen/bilked $14 trillion of taxpayer money with the
subterfuge of outrage over the relatively miniscule though not unimportant
million dollar bonuses (AIG, etc.), so-called fixes/plans, etc., so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! What the Pros Say: US Is Now
‘Bankrupt’ US is Already Bankrupt: Analyst U.S. Budget Office offers darker economic and deficit
outlook The Geithner-Summers-Bernanke Plan
to Prop Up Asset Prices Has Failed U.N. panel says world should ditch
dollar
Fierman: How quickly things change…..
Some stats from today’s rally:
S&P: +54 (7.1%) to 823
Dow: +497 (+6.8%) to 7776
NYSE Up Volume: 1,866,836,012
NYSE Down Volume: 44,683,760
NYSE Total Volume: 1,914,836,622
It was just 2 weeks ago (March 9th) that the S&P closed at 12-year lows and
the stock market felt like it was forecasting the end of the world. We’ve now
rallied 22% in 2 weeks! But if we look at the catalysts for this rally, they
really don’t seem to justify such an explosive move. Citi said they were profitable in
the first two months of the year and JP Morgan (JPM ) and Bank of America (BAC ) said they were too. The Fed initiated some serious quantitative easing.
And now Geithner’s toxic asset plan this morning. I agree with the Capital
Spectator when he wrote this morning :
We’re
skeptical largely because the rally this month has drawn power primarily from a
new round of hope that Washington’s various experiments to right the economy
will finally hit pay dirt. Perhaps, but it’s not the stuff that powers
sustainable rallies, much less secular bull markets. We’re Sellers of This
Rally!
Lawrence York
‘Treasury Secretary Geithner has released
his plan to mop-up the toxic assets held by banks that threaten their solvency
and the global financial system. Accordingly, the plan purposes that private
equity firms partner with the Fed to purchase bank assets at some discount set
by the private firms at auction. Then the Fed will leverage the purchase
six-fold to buy more bank assets and assume all the risk of leverage. In other
words, private firms will set the price and then put up half the initial
purchase price. The Fed will then put up non-recourse loans to purchase six
times more debt at the same price to be owned by the joint venture partners. If
the deal works private equity splits the booty equally. If the deal fails, the
government loses upwards to six times taxpayer's money and private equity loses
only its original equity match equal to 1/6 the total loss.
Flabergasted? Don't be. How often can you
cut a deal where you get to set the price and your partner puts in six times
your money and you split the profit. IF THESE DEAL TERMS DON'T UNDERSCORE WHY
THE GOVERNMENT SHOULD NOT HANDLE YOUR MONEY AND WHY THE GOVERNMENT SHOULD STAY
OUT OF BUSINESS, WHAT DOES? Other deal terms are that the Fed will designate
the private equity players, at least initially. Could it be that the Fed is
creating another pass-through mechanism to simultaneously bail out or reward
its friends? If so, look for Goldman Sachs (GS ),
Merrill, Blackstone (BX ),
Carlye Group, Texas Pacific Group, and perhaps Bear Stearns to be players. Look
also for the typical MOS of some Structured Investment Vehicle, not much
different from the Maiden Lane III SIV, to backstop or divert money where it
needs to be--by gratuitous selection that is. Oh, and never mind that Private
Equity may be joined by the Libyan Investment Authority (LIA and Private Equity
article by Financial Times) as Private Equity at
present is having a bit of a liquidity crunch with their own deflated, illiquid
assets. In short, the Geithner Toxic Asset Plan is just another bank bailout
and footnote to this era of 'Dark Capitalism" where profits are reaped and
losses socialized in an ever transparent way.’
Trevisani: ’…The beginning of quantitative easing
calls all three ideas in question; it increases the supply of dollars effectively
lowering US interest rates well below Europe’s; the need for such an
unprecedented step undermines the hope for a US recovery; and a devaluing
dollar cannot be a safe haven. Add the projected Federal deficits and the
dollar begins to look very vulnerable. If the Europeans go down the same
quantitative road then the dollar’s disabilities may be matched by the euro’s.
But if they are not, then the Bernanke dollar call may not be an option to buy
but a call to sell…’ China and most of the financial
world outside the u.s. agrees with the latter .
China Urges New Money Reserve to Replace Dollar
Kremlin
to Pitch New Currency...
EMBRACE THE BEAR By Rev Shark There is an old saying that in a bear
market, we slide down the slope of hope. Unfortunately, we have seen plenty of
good examples of how that works over the past year. We have had dozens of new
initiatives to try to bolster the economy that create hope for a few days. The
market will get excited and we'll have some big point gains, but then doubts
begin to surface about how easily it will be to turn this economic supertanker
that is going over a waterfall. The buying stalls out, a few dip-buying
attempts are made, but eventually we break support levels and more downside
ensues. That is classic bear market action but the standard Wall Street
reaction is to not accept it…[The upshot is that the
fraud continues in churn-and-earn fashion with investors, taxpayer, etc.,
getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc. - Analyst Andre Egleshion puts the amount at $600+trillion] … INVESTORS
…..FOOLED (at least today) By Rev Shark …..realization that
economic stimulus isn't going to be nearly as simple or easy (or effective) as
it sounds. We aren't going to spend our way out of this economic spiral …We'd
probably be better off if the government did less rather than more. The great
likelihood is that the unintended consequences we suffer will prolong the whole
cycle. We have to let some bad businesses and financial institutions fail…
HERE’S THE REAL DEAL:
SUMMARY/RECAP OF LORIMER
WILSON 3-17-09 ANALYSES/REVIEW
Harry Dent, Jr.
Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and
mid-2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009 instead of
2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010
and 2012
Russell Napier is the author of the book “Anatomy of the Bear”, a professor at
the Edinburgh Business School and a consultant to CLSA Ltd. which is one of the
top research houses in Asia. Napier’s research indicates (and I paraphrase)
that:
The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity
prices bottom at almost 50% below current levels (i.e. to 400 or less; the Dow
30 to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3 signaling
the end of the bear market, as it has done at the end of the four largest U.S.
market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Could Collapse Leading to End of U.S. Dollar as Reserve
Currency
Robert R. Prechter Jr. is author of a number of newsletters and
books including “Elliott Wave Principle” (1978) in which he predicted the super
bull market of the 1980s; “At the Crest of the Tidal Wave – A Forecast of the
Great Bear Market” (1995) in which he predicted a slow motion economic
earthquake, brought about by a great asset mania, that would register 11 on the
financial Richter scale causing a collapse of historic proportions; and
“Conquer the Crash: You can Survive and Prosper in a Deflationary Depression”
(2002) in which he described the economic cataclysm that we are just beginning
to experience and advised how to position one’s self financially during that
period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely to
below 777 which was the starting point of its mania back in August 1982, and
quite likely drop below 400 at one or more times during the bear market.
Regulator: Before Banks Collapsed,
They Pleaded With Feds To Let Them Fudge Their Books Ryan Grim | Before financial institutions collapsed, they went to the Financial
Accounting Standards Board, pleading for a change in mark-to-market accounting
rules so that they can continue to appear to be solvent on their balance sheets
and hence, continue to defraud the public as they are now once again trying to
do. This says it all! Will FASB remain viable by resisting
fudge/fraud factor. Suckers’ bear market rally ( Citigroup Inspired Bear Market
Suckers’ Rally ) to keep the suckers suckered and commission
dollars flowing to the frauds on wall street
Why we think this is a (suckers’) bear
market rally:
Citing 13 reasons that the bear will
continue in spite of this rally seems appropriate.
1. Current P/E: the current 20+ P/E on
trailing “as reported earnings” is too high for this set of negative sales,
earnings and dividends growth conditions.
2. Forward P/E: the projected 2010
S&P 500 earnings by Standard and Poor’s at about $40 would only support 800
at best (20 P/E), and more likely would support 600 (15 P/E), assuming there
was a general recovery under way — before that time, the current market should
sell for less than 800, and perhaps less than 600.
3. Earnings: profits are still
declining in the aggregate
4. Dividend Yield: banks and other
companies continue to cut dividends, reducing stock appeal and putting total
return in question until dividends stabilize and begin to grow (historically
dividends generated about 1/3 of total return for the S&P 500)
5. Revenue: overall sales are down —
declining sales, earnings and dividends are not reasons for bullish markets.
6. World GDP Growth: credible parties
(Goldman Sachs, IMF, and noteworthy individuals, such as Nouriel Roubini,
predict worsening global economies) — until forecasts for improvements within
12 months or less for the US or world economies become prevalent, the market is
unlikely to “anticipate” with a sustainable trend reversal to a bull
7. Government Intervention: the US and
global economies are currently highly government policy dependent, and while
policies are becoming more clear, they are not all revealed, and there are
suggestions more may be needed — the resulting uncertainty warrants low
valuation until government policies to “save” and “stimulate” economies are no
longer the centerpiece of investor hopes and earnings prospects
8. Real Estate: the US and global real
estate asset deflation continues with waves of negative impact on household and
institutional wealth — until property prices stabilize, or are believed to be
about to stabilize, a new bull market will have difficulty gaining traction.
9. Other Bank Shoes to Drop: the major
banks have not yet experienced likely future write-downs associated with
non-mortgage asset types, such as credit cards and auto loans.
10. Auto Industry: the fate of GM ,
Chrysler and the entire supply chain is uncertain with unknown government
involvement.
11. LBOs: private equity firms built on
leverage may not be able to continue to service and rollover the debt they used
to make recent optimistic acquisitions — those debts could be a further burden
on the financial sector.
12. Retirees and Pre-Retirees: the 55
and over crowd who control the largest portion of US private assets are not as
likely to risk their life accumulations in stocks relative to bonds as they
were in the boom times of the last couple of decades — that will delay the
onset of a bull and subdue the extent of a bull when it occurs
13. Credit Availability: the credit and
leverage availability that helped the US stock market recover from the
2002-2003 bottom is not available at this time to increase household
expenditures and corporate capital investment — even the US government may be
put on credit rationing by China, which today said it is “worried” about the
credit quality of their US Treasury holdings, which has implications about
their willingness to support the borrowing our “stimulus” programs require and
assume to be available. By Richard Shaw
Analyst Andre Egleshion
points to continuing effect of credit default swaps and pegs the amount of the
worthless, fraudulent (previously sold, commissioned, repackaged, resold,
re-commissioned, etc.) securities at $600-$675 TRILLION,
their continued effect on money pit AIG,
that fed’s received $11.7 trillion since 2008 yet refuses transparency as to
where funds spent, who received same, etc., agrees with comment that shockingly
no prosecutions yet, economy re-tooling, need for stiffer regulation,
points to historical fact that fiat currencies and private central banks have
consistently failed, sees hyperinflation with dollar weakness (printed/created
like mad) and higher oil. Hopes for funny assets [in addition to funny money, other fraud,
relaxation of rules/laws/enforcement (real asset values) (remember the
exemption from RICO garnered by fraudulent wall street-those campaign
contributions really pay off, etc.) ], spur suckers’ bear market short-covering
rally to keep
the suckers suckered and commission dollars flowing to the frauds on wall
street so SELL/SELL INTO RALLIES/STRENGTH/
TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! NOW LISTEN HERE, FOR THIS IS TRUTH!: There is not enough
money in the entire world to cover the fraudulent securities
foisted/commissioned/ distributed/sold by the wall street frauds/perpetrators
which if assumed/guaranteed by the u.s. government (don’t forget that social
security/medicare are already technically insolvent/bankrupt - all
monies/reserves going into the general account and already and continually
spent) will only guaranty the insolvency of / worthlessness of the currency of
the u.s. treasury. Cost to buy protection against U.S. government
default surges Frank
just said that he wants to prosecute those who’ve caused this crisis…waxman was
supposedly doing just that in part (fog of war fraud-360 tons of $100
dollar bills stolen), etc…. If they don’t do this as said, among others, they
should be forced resign as complicit. THERE IS NO MYSTERY HERE; HENCE, NONE
SHOULD BE AFRAID TO LOOK, PROSECUTE, AND FORCE DISGORGEMENT! Celente: U.S. Has Entered “The
Greatest Depression” … ‘… Watch for fake reports
and continued jawboning/spin/b.s. regarding bailout/stimulus as they are
desperate yet remain protective of the criminals who caused the crisis with
their fraud in staggering amounts far beyond the substantial scam by madoff
($50 billion) who now audaciously from his $7 million NYC penthouse seeks
ownership of same along with $62 million (only in systemically fraudulent
america). Why are they not seeking disgorgement from the criminals who
benefited from the huge multi-trillion dollar fraud they perpetrated? No one
yet has asked tiny tim geithner where the missing $4 trillion at the fed is…Why?
Then there’s the $2 trillion in taxpayer money, the destination of which the
fed refuses disclosure of… Fed
Hides Destination Of $2 Trillion In Bailout Money …Why? How? This is
criminal activity of monumental proportion, yet protected by the bureaucratic
complicit frauds (I’ve experienced this directly in my RICO case ), damaging lives here and abroad. Then there’s
also the illegal wars, war-profiteering, war crimes, etc., that have bankrupted
this nation, killed many innocents, etc., [remember, ie., the 360 tons of
hundred dollar bills flown into Iraq that democrats/land of fruits and nuts
henry waxman (doesn’t he look like a hedgehog or some other rodent) the lying
fraud talked endlessly about while republicans were at the helm, yet nothing…no
prosecutions…the frauds who stole that money should put same in the failed
‘stimulus fraud pot’…at the least, etc.].
An analyst previously said 2011-2014 earliest for
bottoming at best. Another analyst
previously pointed out there has been not one prosecution thus far and the
frauds on wall street should be prosecuted and forced disgorgement. …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount
at $600+trillion ) have been addressed much less
solved; hence, virtually all problems remain and there is but an
infinitesimally small fraction of the capital and resources necessary to solve
them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. Analyst Frank Cochrane looks ahead to 4,000 to
6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and
says spending/stimulus programs will not work, a point on which he is correct
and the low end of his ranges closer to reality . Not Just a Few Bad Apples -
Corruption is Systemic in America In case you believe
that there are only “a couple of bad apples” in the United States, here is an
off-the-top-of-his-head (I could give many, many more including my RICO case ) list of corruption by leading pillars
of american society.
HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES
/PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING
LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT
MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT
OUT OF THIN AIR! ]
PREVIOUS 7-6,2-09, PREPOSTEROUS
WAS THIS SURGE IN THE LAST 20 MINUTES INTO THE CLOSE FOR SECULAR BEAR MARKET
SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) [$$] Big Pay Packages Return to Wall
Street as new fraud gains steam (at The Wall Street Journal Online) ] BASED ON
CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... America’s
Effective Unemployment Rate at 18.7%? US loses
467,000 jobs, unemployment at 9.5% 'We're in the Middle of a Crash': Black Swan... (7-2)Seven more
banks fail, bringing 2009 tally to more than double all of 2008 at a total thus
far of 52; Private sector sheds another 473,000 jobs in
June... US lurching towards ‘debt
explosion’ with long-term interest rates on course to double Jim Rogers Sells Dollars, Plans to
Short Treasuries ‘Sucker’s Rally Beginning To Unwind’ daaaah…? Calls grow to supplant dollar as
global currency China officials call for displacing
dollar, in time Tracking Two Depressions, 1929 and now
this HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets
, new record for continuing unemployment claims, fed
downgrades outlook that previously provided b.s. for suckers’ rally, record low
for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 7-1-09, SELL / TAKE
ANY PROFITS IN THIS SECULAR BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS
SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) [$$] Big Pay Packages Return to Wall
Street as new fraud gains steam (at The Wall Street Journal Online) ] BASED ON
CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... Job losses / job concerns realistically
weigh on confidence, real estate values/prices continue downward trend as per
Case / Shiller Index (-18.1%, -21% in california) Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record
high, analysts concur that fundamentals don’t support stock rally and that pac
money(defacto bribes) might derail any meaningful reform/regulation which is of
concern to the frauds on wall street who should be prosecuted, record loss of
wealth, higher gas prices, job losses, higher interest rates / yields, higher
commodity prices, higher deficits, hyperinflation, record continuing
unemployment claims at 6.8 million, worthless Weimar dollar crashing,
money supply exploding with hyperinflation/higher interest rates coming, budget
deficit at new highs and trade deficit worse than expected, analyst who called
crash says inflationary depression, banks passed stress tests only with the
help of fraudulent change in accounting rules, banks still insolvent, toxic assets
even more toxic, dollar falling and a lot lower to go, $100 + oil by end of
year, Obama/bernanke continuing failed policies of bush greenspan, recommends
getting out of Dodge and u.s. assets , new record
for continuing unemployment claims, fed downgrades outlook that previously
provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T
ALONE (ie., BUFFET: ECONOMY
IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 7-1-09, 6-30-09, SECULAR
BEAR MARKET SUCKERS’ RALLY TO END WELL OFF SESSION LOWS TYPICAL END OF
QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED Job losses / job concerns realistically
weigh on confidence, real estate values/prices continue downward trend as per
Case / Shiller Index (-18.1%, -21% in california) Consumer
confidence suffers steep fall... Home prices post 18% annual
drop... Worldwide Depression: Review of Global Markets . Four banks fail, bringing 2009 tally to
19 more than all of 2008 at a total thus far of 44
Dollar Falls Most in Month as China Urges New Reserve
Currency Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD
WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next Major
Move In Stock Market Will Be Down world economy
to shrink by worse than previously predicted 2.9% and big difference between
not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... The Next Bubble Is Here. Have You
Bought In? foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-29-09, Worthless dollar/High oil price stock
rally…riiiiight!...Then there’s the madoff propaganda event Fraudster Madoff gets 150 years ,
with prosecutors patting themselves on the back when the reality is that there
has been not even one prosecution in the massive securities fraud which
benefited the wall street frauds greatly and make madoff look like a piker. Four banks fail, bringing 2009 tally to
19 more than all of 2008 at a total thus far of 44 Dollar Falls Most in Month as China Urges New Reserve
Currency Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and that
pac money(defacto bribes) might derail any meaningful reform/regulation which
is of concern to the frauds on wall street who should be prosecuted, record
loss of wealth, higher gas prices, job losses, higher interest rates / yields,
higher commodity prices, higher deficits, hyperinflation, record continuing
unemployment claims at 6.8 million, worthless Weimar dollar crashing,
money supply exploding with hyperinflation/higher interest rates coming, budget
deficit at new highs and trade deficit worse than expected, analyst who called
crash says inflationary depression, banks passed stress tests only with the
help of fraudulent change in accounting rules, banks still insolvent, toxic
assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end
of year, Obama/bernanke continuing failed policies of bush greenspan,
recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... The Next Bubble Is Here. Have You
Bought In? , foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-26-09, Worthless dollar/High oil price stock rally…riiiiight!...Then
there’s the madoff propaganda event Fraudster Madoff gets 150 years ,
with prosecutors patting themselves on the back when the reality is that there
has been not even one prosecution in the massive securities fraud which
benefited the wall street frauds greatly and make madoff look like a piker. Four banks fail, bringing 2009 tally to
19 more than all of 2008 at a total thus far of 44 Dollar Falls Most in Month as China Urges New Reserve
Currency Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than expected,
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... The Next Bubble Is Here. Have You
Bought In? , foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-26-09, SECULAR BEAR MARKET SUCKERS’ RALLY TO END
MIXED. HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO
THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST
RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM
THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW
REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND
BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE
FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF
THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE
BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS
COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED),
ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL
MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING,
CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER
FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... ,
personal income up modest .2% and spending down, China calls for new reserve
currency to supplant worthless dollar Dollar And Stocks Drop As China
Calls For New Global Currency , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected AND BULL S**T
ALONE (ie., BUFFET: ECONOMY
IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY
IN 'SHAMBLES'; NO SIGNS OF RECOVERY...
The Next Bubble Is Here. Have You
Bought In? foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-25-09, HOW MANY TIMES
CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE
SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS
WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK
MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T),
CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH
THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD
IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE,
RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED
SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS
ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC!
… THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS,
… NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP
SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets
, new record for continuing unemployment claims, fed
downgrades outlook that previously provided b.s. for suckers’ rally, record low
for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-24-09, SECULAR BEAR
MARKET SUCKERS RALLY CONTINUES FOR MIXED CLOSE TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES';
NO SIGNS OF RECOVERY...
, soothing
words/b.s. from fed which previously predicted no recession that economy still
contracting but that the contraction is somewhat slowing…what b**l s**t!…,
analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation
owing to debasement of the dollar as well as deficit spending/pump-priming in
the trillions, joker stein/economy a mess and continued job losses, new home
sales down .6%; foreclosure sales up 2.4%, prices down 17% year
over year, world economy to shrink by worse than previously
predicted 2.9% and big difference between not getting worse and getting better,
market got ahead of itself, stalled out, still
depression/more job losses, higher oil-gas prices / higher interest rates /
heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t)
the labor dept. far better than expected job numbers by increased debt
(spending) to produce same is not economically sound or sustainable, viz.,
record spending with record low revenues, rating cuts for bank sector, analysts
concur in significant 5-15% (reality says 15-25%) pullback/correction for
stocks , institutional selling, industrial production/construction down
1.1%, housing starts allegedly up but if believed will only increase the
plethora of unsold inventories, empire manufacturing index suffers unexpectedly
severe decline…daaaah!, credit dard defaults at record high, analysts concur
that fundamentals don’t support stock rally and that pac money(defacto bribes)
might derail any meaningful reform/regulation which is of concern to the frauds
on wall street who should be prosecuted, record loss of wealth, higher gas
prices, job losses, higher interest rates / yields, higher commodity prices,
higher deficits, hyperinflation, record continuing unemployment claims at 6.8
million, worthless Weimar dollar crashing, money supply exploding with
hyperinflation/higher interest rates coming, budget deficit at new highs and
trade deficit worse than expected, analyst who called crash says inflationary
depression, banks passed stress tests only with the help of fraudulent change
in accounting rules, banks still insolvent, toxic assets even more toxic,
dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke
continuing failed policies of bush greenspan, recommends getting out of Dodge
and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN
'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than
previously predicted 2.9% and big difference between not getting worse and
getting better, leading indicators up far more than expected … bull
s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
BUFFET: ECONOMY IN 'SHAMBLES'; NO
SIGNS OF RECOVERY... The Next Bubble Is Here. Have You
Bought In? foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-23-09, SECULAR BEAR
MARKET SUCKERS RALLY INTACT TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest
Pace in Two Years
] AND COMMISSION DOLLARS
FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., U.S. Home Prices Drop 6.8 Percent in
April as Foreclosures Rise foreclosure
sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record
high, analysts concur that fundamentals don’t support stock rally and that pac
money(defacto bribes) might derail any meaningful reform/regulation which is of
concern to the frauds on wall street who should be prosecuted, record loss of
wealth, higher gas prices, job losses, higher interest rates / yields, higher
commodity prices, higher deficits, hyperinflation, record continuing
unemployment claims at 6.8 million, worthless Weimar dollar crashing,
money supply exploding with hyperinflation/higher interest rates coming, budget
deficit at new highs and trade deficit worse than expected, analyst who called
crash says inflationary depression, banks passed stress tests only with the
help of fraudulent change in accounting rules, banks still insolvent, toxic
assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end
of year, Obama/bernanke continuing failed policies of bush greenspan,
recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that previously
provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T
ALONE (ie., world economy
to shrink by worse than previously predicted 2.9% and big difference between
not getting worse and getting better, leading indicators up far
more than expected … bull s**t …based in large part on inflated stock price
component … more bull s**t … new reform with same
old frauds say increased capital requirements and oversight of the
overseers/rating agencies (riiiiight!…same old,same old - already have but no
will to enforce existing laws, etc.), analyst who called crash says
inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends getting
out of Dodge and u.s. assets , foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-22-09, ONLY MODEST
LOSSES RELATIVE TO REALITY IN THIS SECULAR BEAR MARKET TO KEEP SUCKERS SUCKERED
AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED BAD
NEWS ( ie., Insiders Exit Shares at the Fastest
Pace in Two Years
[$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year
, Next Major
Move In Stock Market Will Be Down world economy
to shrink by worse than previously predicted 2.9% and big difference between
not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., world economy to shrink by worse than previously
predicted 2.9% and big difference between not getting worse and getting better,
leading indicators up far more than expected … bull s**t …based in
large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks still
insolvent, toxic assets even more toxic, dollar falling and a lot lower to go,
$100 + oil by end of year, Obama/bernanke continuing failed policies of bush
greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest
Pace in Two Years
[$$] Market Suffers Some Technical
Damage ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-19-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS
RALLY INTO THE CLOSE AS STOCKS END MIXED STILL IN DEFIANCE OF REALITY TO
KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD
NEWS ( ie., U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down market got
ahead of itself, stalled out, still depression/more job losses, higher oil-gas
prices / higher interest rates / heavy debt to pare down is 1-3 year drag on
economy, even if believed (I don’t) the labor dept. far better than expected
job numbers by increased debt (spending) to produce same is not economically
sound or sustainable, viz., record spending with record low revenues, rating
cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets
, new record for continuing unemployment claims, fed
downgrades outlook that previously provided b.s. for suckers’ rally, record low
for new housing starts, etc.) AND BULL S**T ALONE (ie., leading indicators
up far more than expected … bull s**t …based in large part on inflated stock
price component … more bull s**t … new reform with
same old frauds say increased capital requirements and oversight of the
overseers/rating agencies (riiiiight!…same old,same old - already have but no
will to enforce existing laws, etc.), analyst who called crash says
inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends getting
out of Dodge and u.s. assets, foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-18-09, SECULAR BEAR
MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE AS STOCKS END MIXED STILL
IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING
BASED ON CONTINUED BAD NEWS ( ie., U.S. regulators close their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down market got
ahead of itself, stalled out, still depression/more job losses, higher oil-gas
prices / higher interest rates / heavy debt to pare down is 1-3 year drag on
economy, even if believed (I don’t) the labor dept. far better than expected
job numbers by increased debt (spending) to produce same is not economically
sound or sustainable, viz., record spending with record low revenues, rating
cuts for bank sector, analysts concur in significant 5-15% (reality says
15-25%) pullback/correction for stocks , institutional selling,
industrial production/construction down 1.1%, housing starts allegedly up but
if believed will only increase the plethora of unsold inventories, empire
manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard
defaults at record high, analysts concur that fundamentals don’t support stock
rally and that pac money(defacto bribes) might derail any meaningful
reform/regulation which is of concern to the frauds on wall street who should
be prosecuted, record loss of wealth, higher gas prices, job losses, higher
interest rates / yields, higher commodity prices, higher deficits,
hyperinflation, record continuing unemployment claims at 6.8 million, worthless
Weimar dollar crashing, money supply exploding with hyperinflation/higher
interest rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets
, new record for continuing unemployment claims, fed
downgrades outlook that previously provided b.s. for suckers’ rally, record low
for new housing starts, etc.) AND BULL S**T ALONE (ie., leading indicators
up far more than expected … bull s**t …based in large part on inflated stock
price component … more bull s**t … new reform with
same old frauds say increased capital requirements and oversight of the
overseers/rating agencies (riiiiight!…same old,same old - already have but no
will to enforce existing laws, etc.), analyst who called crash says
inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends getting
out of Dodge and u.s. , foreclosure
sales up, prices down , ‘SELL IN MAY AND
GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-18-09, MORE TALK OF NEW REGULATORY SCHEME WHEN
PROSECUTION AND DISGORGEMENT WOULD REALLY BLUNT INCENTIVE FOR WALL STREET
FRAUDS PROSPECTIVELY, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY ON
LEADING INDICATORS UP FAR MORE THAN EXPECTED … BULL S**T …BASED IN LARGE PART
ON INFLATED STOCK PRICE COMPONENT … MORE BULL S**T … AS STOCKS END MIXED STILL
IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING
BASED ON CONTINUED BAD NEWS ( ie., market got ahead of
itself, stalled out, still depression/more job losses, higher oil-gas prices /
higher interest rates / heavy debt to pare down is 1-3 year drag on economy,
even if believed (I don’t) the labor dept. far better than expected job numbers
by increased debt (spending) to produce same is not economically sound or
sustainable, viz., record spending with record low revenues, rating cuts for
bank sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,
money supply exploding with hyperinflation/higher interest rates coming, budget
deficit at new highs and trade deficit worse than expected, analyst who called
crash says inflationary depression, banks passed stress tests only with the help
of fraudulent change in accounting rules, banks still insolvent, toxic assets
even more toxic, dollar falling and a lot lower to go, $100 + oil by end of
year, Obama/bernanke continuing failed policies of bush greenspan, recommends
getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., leading indicators up far
more than expected … bull s**t …based in large part on inflated stock price
component … more bull s**t … new reform with same
old frauds say increased capital requirements and oversight of the
overseers/rating agencies (riiiiight!…same old,same old - already have but no
will to enforce existing laws, etc.), analyst who called crash says
inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke
continuing failed policies of bush greenspan, recommends getting out of Dodge
and u.s. assets foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-17-09, SECULAR
BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE AS STOCKS END MIXED IN
DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING
BASED ON CONTINUED BAD NEWS ( ie., rating cuts for bank
sector, analysts concur in significant 5-15% (reality says 15-25%)
pullback/correction for stocks , institutional selling, industrial
production/construction down 1.1%, housing starts allegedly up but if believed
will only increase the plethora of unsold inventories, empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 Markets See a Breakdown in Technical Support Levels Roubini: USA sees
double-dip recession... Dollar drops on reserve currency
doubts China sells US
bonds to ’show concern’ BRICs May Buy Each Other’s Bonds
in Shift From Dollar China’s holding of US bonds drops
first time in 11 months Russia to Raise Reserve Currency
Issue at BRIC International Demand for Worthless
U.S. Assets Slowed in April IMF says worst not over Senator cashed out during big
stock collapse -- after meeting with Fed, Treasury chiefs!
America's AAA
downgrade danger... Treasury faces pressure
on price of TARP exit A depression so deep even teen shoppers scrimp
US cities may have to be bulldozed
in order to survive 1st quarter wiped out $1.3 trillion for
Americans
Get Ready for Inflation and Higher
Interest Rates
Oil prices near $73 as energy rally continues
Fed Would Be Shut Down If It Were
Audited Fed says economy weak, but sees signs
the slide increasing Mounting deficits spark jitters about
U.S. economy
Wall Street falls as realities dent recovery hopes
Bonds fall on worries about government's
debt load (AP) Oil prices strike new high for 2009 (AP)
The depression quietly deepens CHINA AIRS
FEARS ON DOLLAR, DEBT... Oil hits
7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued
in Yuan Fake
government job loss report near 40% better than private forecasts…I don’t think
so!…9.4% unemployment rate…try well over 10% and with stopped looking included
over 20% , Jim Rogers CNBC - Jun 4th, 2009 -
Currency Crisis Ahead U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now China explores buying $50bn in IMF
bonds US retailers report May sales declines Tiny Tim
says dollar assets safe... Laughter
from audience... Why The Chinese Laughed At
Geithner -----
mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., new reform with same old
frauds say increased capital requirements and oversight of the overseers/rating
agencies (riiiiight!…same old,same old - already have but no will to enforce
existing laws, etc.), analyst who called crash says inflationary depression,
banks passed stress tests only with the help of fraudulent change in accounting
rules, banks still insolvent, toxic assets even more toxic, dollar falling and
a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed
policies of bush greenspan, recommends getting out of Dodge and u.s.
assets Venture Capital Bubble Set to Burst,
Kedrosky Says Obama Plans to Cut Bank
Regulators, Allow Fed to Supervise Financial Holding Companies – The old fox
guarding the henhouse tricks Federal Reserve unwisely to gain
power under plan
Federal Reserve Foolishly To Be Given Sweeping New Powers Yen Strengthens Most in Month as
Asian Stocks Drop, Gold Gains RUSSIA
CHALLENGES WORTHLESS DOLLAR... AIG says former top exec plundered
retirement plan [video] The Too-Big-to-Fail Problem [6.8 min] (at
MarketWatch) [$$] Too Big to Solve? (at The Wall Street Journal
Online) Buy and Hold Is Dead. Long Live Buy and Hold! Financial Bailout Plan Keeps
Zombie Banks Alive Bernanke then as now in denial about
looming crisis 2005-2007 Retail sales, drop in jobless claims to a very high
even if believed 601,000 yielding record continuing claims of 6.8 million fuel
hope…if you’re a dope Lawmakers blast Fed, Treasury for BofA
"threats" Oil climbs over $73 on hopes for rising demand
U.S. Household Worth Fell by $1.3
Trillion in First Quarter Predictions of $250 a barrel on
oil ECB Fears Reality of Banking
Crisis in 2010: Report Get Ready for Inflation and Higher
Interest Rates
Bill To Audit Federal Reserve Now
Has 209 Co-Sponsors Russia May Swap Some U.S.
Treasuries for IMF Debt Fed report shows losses on Bear
Stearns, AIG holdings Congress subpoenas the Fed ... Finally!
(AP)
Brazil in recession, recovery unlikely this year
What a “Jobless Recovery” Really
Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to
Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents
Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking
Power to Sell Its Own Debt/Bills WIRE: Obama
Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus
reality Reality
bites Internet as 1Q ad sales fall 5 pct (AP)
CHINA AIRS FEARS ON DOLLAR, DEBT government
reports better than private estimates…riiiiight! President of the Federal Reserve
Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better than
private estimates - I don’t think so! …now Benefit spending soars to new high
$100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL
COULD REACH $90... ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-16-09, SECULAR BEAR MARKET AND ONLY MODEST
LOSSES RELATIVE TO REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS
FLOWING BASED ON CONTINUED BAD NEWS ( ie., analysts concur in
significant 5-15% pullback/correction for stocks, institutional selling,
industrial production/construction down 1.1%, housing starts allegedly up but
if believed will only increase the plethora of unsold inventories, empire
manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard
defaults at record high, analysts concur that fundamentals don’t support stock
rally and that pac money(defacto bribes) might derail any meaningful
reform/regulation which is of concern to the frauds on wall street who should
be prosecuted, record loss of wealth, higher gas prices, job losses, higher
interest rates / yields, higher commodity prices, higher deficits,
hyperinflation, record continuing unemployment claims at 6.8 million, worthless
Weimar dollar crashing, money supply exploding with hyperinflation/higher
interest rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s. assets
----- mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc, new record for continuing
unemployment claims, fed downgrades outlook that previously provided b.s. for
suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst
who called crash says inflationary depression, banks passed stress tests only
with the help of fraudulent change in accounting rules, banks still insolvent,
toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil
by end of year, Obama/bernanke continuing failed policies of bush greenspan,
recommends getting out of Dodge and u.s. foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-15-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS
RALLY INTO THE CLOSE TO FINISH WELL OFF THE LOWS WITH MODEST LOSSES RELATIVE TO
REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON
CONTINUED BAD NEWS ( ie., empire manufacturing
index suffers unexpectedly severe decline…daaaah!, credit dard defaults at
record high, analysts concur that fundamentals don’t support stock rally and
that pac money(defacto bribes) might derail any meaningful reform/regulation
which is of concern to the frauds on wall street who should be prosecuted,
record loss of wealth, higher gas prices, job losses, higher interest rates /
yields, higher commodity prices, higher deficits, hyperinflation, record
continuing unemployment claims at 6.8 million, worthless Weimar dollar
crashing, money supply exploding with hyperinflation/higher interest
rates coming, budget deficit at new highs and trade deficit worse than
expected, analyst who called crash says inflationary depression, banks passed
stress tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of
bush greenspan, recommends getting out of Dodge and u.s., new
record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression,
banks passed stress tests only with the help of fraudulent change in accounting
rules, banks still insolvent, toxic assets even more toxic, dollar falling and
a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed
policies of bush greenspan, recommends getting out of Dodge and u.s.
assets foreclosure
sales up, prices down , ‘SELL IN MAY AND
GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-11,12-09, HOW
MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR
SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT
MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE
PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW
REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND
BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE
FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF
THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE
BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS
COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED),
ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL
MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING,
CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] , 300 - 1,000+ % SWING
TO THE UPSIDE INTO THE CLOSE IN THIS SECULAR BEAR MARKET PROGRAMMED SUCKERS
RALLY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON
CONTINUED BAD NEWS ( ie., record loss of wealth, higher gas prices, job
losses, higher interest rates / yields, higher commodity prices, higher
deficits, hyperinflation, record continuing unemployment claims at 6.8 million,
worthless Weimar dollar crashing, money supply exploding with
hyperinflation/higher interest rates coming, budget deficit at new highs and
trade deficit worse than expected, analyst who called crash says inflationary
depression, banks passed stress tests only with the help of fraudulent change
in accounting rules, banks still insolvent, toxic assets even more toxic,
dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke
continuing failed policies of bush greenspan, recommends getting out of Dodge
and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 Treasury faces pressure
on price of TARP exit A depression so deep even teen shoppers scrimp
US cities may have to be bulldozed
in order to survive 1st quarter wiped out $1.3 trillion for
Americans
Get Ready for Inflation and Higher
Interest Rates
Oil prices near $73 as energy rally continues
Fed Would Be Shut Down If It Were
Audited Fed says economy weak, but sees signs
the slide increasing Mounting deficits spark jitters about
U.S. economy
Wall Street falls as realities dent recovery hopes
Bonds fall on worries about government's
debt load (AP) Oil prices strike new high for 2009 (AP)
The depression quietly deepens CHINA AIRS
FEARS ON DOLLAR, DEBT... Oil hits
7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued
in Yuan Fake
government job loss report near 40% better than private forecasts…I don’t think
so!…9.4% unemployment rate…try well over 10% and with stopped looking included
over 20% , Jim Rogers CNBC - Jun 4th, 2009 -
Currency Crisis Ahead U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now China explores buying $50bn in IMF
bonds US retailers report May sales declines Tiny Tim
says dollar assets safe... Laughter
from audience... Why The Chinese Laughed At
Geithner -----
mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., Analyst who called crash
says inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends getting
out of Dodge and u.s. assets Venture Capital Bubble Set to Burst,
Kedrosky Says Buy and Hold Is Dead. Long Live Buy and Hold! Financial Bailout Plan Keeps
Zombie Banks Alive Bernanke then as now in denial about
looming crisis 2005-2007 Retail sales, drop in jobless claims to a very high
even if believed 601,000 yielding record continuing claims of 6.8 million fuel
hope…if you’re a dope Lawmakers blast Fed, Treasury for BofA
"threats" Oil climbs over $73 on hopes for rising demand
U.S. Household Worth Fell by $1.3
Trillion in First Quarter Predictions of $250 a barrel on
oil ECB Fears Reality of Banking
Crisis in 2010: Report Get Ready for Inflation and Higher
Interest Rates
Bill To Audit Federal Reserve Now
Has 209 Co-Sponsors Russia May Swap Some U.S.
Treasuries for IMF Debt Fed report shows losses on Bear
Stearns, AIG holdings Congress subpoenas the Fed ... Finally!
(AP)
Brazil in recession, recovery unlikely this year
What a “Jobless Recovery” Really
Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to
Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents
Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking
Power to Sell Its Own Debt/Bills WIRE: Obama
Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus
reality Reality
bites Internet as 1Q ad sales fall 5 pct (AP)
CHINA AIRS FEARS ON DOLLAR, DEBT government
reports better than private estimates…riiiiight! President of the Federal Reserve
Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now Benefit spending soars to new high
$100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL
COULD REACH $90... ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS
6-10-09, MODEST LOSSES WITH SECULAR BEAR MARKET PROGRAMMED
SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS
FLOWING BASED ON CONTINUED BAD NEWS ( ie., budget deficit at
new highs and trade deficit worse than expected, analyst who called crash says
inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends getting
out of Dodge and u.s. assets Jim Rogers: “The Worst is Not
Over” 6/9/2009 Fed Would Be Shut Down If It Were
Audited Fed says economy weak, but sees signs
the slide increasing Mounting deficits spark jitters about
U.S. economy
Wall Street falls as realities dent recovery hopes
Bonds fall on worries about government's
debt load (AP) Oil prices strike new high for 2009 (AP)
The depression quietly deepens CHINA AIRS FEARS ON DOLLAR, DEBT... Oil hits 7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued
in Yuan Fake
government job loss report near 40% better than private forecasts…I don’t think
so!…9.4% unemployment rate…try well over 10% and with stopped looking included
over 20% , Jim Rogers CNBC - Jun 4th, 2009 -
Currency Crisis Ahead U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now China explores buying $50bn in IMF
bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At
Geithner -----
mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES
RECORD $63.8 TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S.
economy to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., Analyst who called crash
says inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends getting
out of Dodge and u.s. assets Get Ready for Inflation and Higher
Interest Rates
Bill To Audit Federal Reserve Now
Has 209 Co-Sponsors Russia May Swap Some U.S.
Treasuries for IMF Debt Fed report shows losses on Bear
Stearns, AIG holdings Congress subpoenas the Fed ... Finally!
(AP)
Brazil in recession, recovery unlikely this year
What a “Jobless Recovery” Really
Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to
Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents
Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking
Power to Sell Its Own Debt/Bills WIRE: Obama Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus
reality Reality
bites Internet as 1Q ad sales fall 5 pct (AP)
CHINA AIRS FEARS ON DOLLAR, DEBT government
reports better than private estimates…riiiiight! President of the Federal Reserve
Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now Benefit spending soars to new high
$100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit
discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-8,9-09, INFLATIONARY
DEPRESSION IS THE CALL EVEN AS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY
CONTINUES TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON
CONTINUED BAD NEWS ( ie., Analyst who
called crash says inflationary depression, banks passed stress tests only with
the help of fraudulent change in accounting rules, banks still insolvent, toxic
assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end
of year, Obama/bernanke continuing failed policies of bush greenspan, recommends
getting out of Dodge and u.s. assets The depression quietly deepens CHINA AIRS
FEARS ON DOLLAR, DEBT... Oil hits
7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued
in Yuan Fake
government job loss report near 40% better than private forecasts…I don’t think
so!…9.4% unemployment rate…try well over 10% and with stopped looking included
over 20% , Jim Rogers CNBC - Jun 4th, 2009 -
Currency Crisis Ahead U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now China explores buying $50bn in IMF
bonds US retailers report May sales declines Tiny Tim
says dollar assets safe... Laughter
from audience... Why The Chinese Laughed At
Geithner -----
mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as Treasury
rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., Analyst who called crash
says inflationary depression, banks passed stress tests only with the help of
fraudulent change in accounting rules, banks still insolvent, toxic assets even
more toxic, dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends getting
out of Dodge and u.s. assets Congress subpoenas the Fed ... Finally!
(AP)
Brazil in recession, recovery unlikely this year
What a “Jobless Recovery” Really
Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to
Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents
Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking Power
to Sell Its Own Debt/Bills WIRE: Obama
Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus reality Reality
bites Internet as 1Q ad sales fall 5 pct (AP)
CHINA AIRS FEARS ON DOLLAR, DEBT government
reports better than private estimates…riiiiight! President of the Federal Reserve
Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now Benefit spending soars to new high
$100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL
COULD REACH $90... ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS
6-5-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO
THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued
in Yuan Fake
government job loss report near 40% better than private forecasts…I don’t think
so!…9.4% unemployment rate…try well over 10% and with stopped looking included
over 20% , Jim Rogers CNBC - Jun 4th, 2009 -
Currency Crisis Ahead U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now China explores buying $50bn in IMF
bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At
Geithner -----
mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES
RECORD $63.8 TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S.
economy to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., Long-Term Economic Memory Loss Obama’s economic model versus
reality Reality
bites Internet as 1Q ad sales fall 5 pct (AP)
CHINA AIRS FEARS ON DOLLAR, DEBT government
reports better than private estimates…riiiiight! President of the Federal Reserve
Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now Benefit spending soars to new high
$100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-5-09, FAKE
GOVERNMENT JOBS REPORT FUELS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY TO
KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS (
ie., Fake government job loss report near 40% better than private forecasts…I
don’t think so!…9.4% unemployment rate…try well over 10% and with stopped
looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 -
Currency Crisis Ahead U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now China explores buying $50bn in IMF
bonds US retailers report May sales declines Tiny Tim
says dollar assets safe... Laughter
from audience... Why The Chinese Laughed At
Geithner -----
mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., government reports better
than private estimates…riiiiight! President of the Federal Reserve
Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job
losses slow if you foolishly believe fake government reports near 40% better
than private estimates - I don’t think so! …now Benefit spending soars to new high
$100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL
COULD REACH $90... ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-4-09, SHORT-COVERING/SUCKERS RALLY TO KEEP
SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., US retailers report May sales declines Tiny Tim
says dollar assets safe... Laughter
from audience... Why The Chinese Laughed At
Geithner -----
mortgage apps. down, service sector job losses/factory orders worse than
expected, new record continuing unemployment claims, bernanke spend more money
you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with
more job losses to come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data thwarts
rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., government reports
slightly better than private estimates…riiiiight! Benefit spending soars to new high
$100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL
COULD REACH $90... ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 6-3-09, ONLY MODEST LOSSES RELATIVE TO REALITY
WITH PROGRAMMED SHORT-COVERING/SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS
SUCKERED BASED ON CONTINUED BAD NEWS ( ie., mortgage apps. down,
service sector job losses/factory orders worse than expected, new record
continuing unemployment claims, bernanke spend more money you don’t have but
cut debilitating deficit…riiiiight…sounds like a plan with more job losses to
come, etc., Economic data disappoint, indicate slow
recovery
Worse-than-expected economic data
thwarts rally Jobless rates in U.S. cities zoom higher in April
Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff
… Bernanke warns on deficits as
Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big Collapse
Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil
coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., $100 Billion Bailout For IMF Tagged
On To War Funding Bill Economic recovery is wishful
thinking Gold, Silver Climb as Dollar Falls OPEC: OIL
COULD REACH $90... ----- Existing home foreclosure sales up, and no
profit discount car sales better than expected Diluting like crazy through new stock
bubble issues
Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
ANALYST
FORECASTS: BULLS AND BEARS By Richard Shaw
[there were 3 bull forecasts which are bull s**t and
not included in the following excerpt to preclude fraud and conserve space;
even the neutrals are a stretch ]
…..BEAR - May 30: Morgan Stanley equity analyst Jason Todd says sell this
S&P 500 rally. He says Morgan Stanley does not see large upside above
825-850. He said, “In the rush to buy a cyclical recovery, it seems earnings or
valuation no longer matters. We would be comfortable with this view if the
earnings trough was closer, but it is not.”
BEAR - MAY 28: Berkshire Hathaway possible successor
to Warren Buffet, David Sokol, says they see no evidence of the green shoots
that been a stimulus to the stock market. He sees the most significant
headwinds to the electric utility industry in his 30 years, and see continuing
housing industry problems.
BEAR?/BULL? - May 28: PIMCO co-CEO Bill Gross (manager of world’s largest
bond fund) portrays “new normal” including accelerating inflation toward the
latter part of a three- to five-year cycle, and the need to reexamine accepted
notions about investing. He said stocks have not and will not always outperform
bonds, and having 60% to 80% of portfolio assets in stocks may not always make
sense. He believes the dollar will lose its status as the reserve currency;
Brazil, India and China (forget Russia) will offer the best growth. The U.S.
government will be selling trillions in Treasuries; the US savings rate may
rise significantly, and the consumer economy may be shrinking long term due to
the aging of the population.
BULL?/BEAR? - May 28: GMO CEO Jeremy Grantham predicts higher US savings
and lower consumption with many postponed retirements. He sees some reasonable
values within the stock market now and sees the third year of the presidential
cycle (2011) as the most promising. He is not certain that a robust rally will
continune. Like John Bogle, he believes in the principle of having your age as
the percentage of bonds in your portfolio. He expects a bubble in emerging
market stocks to develop.
BEAR - MAY 26: Comstock Partners portfolio managers
Charlie Minter and Marty Weiner, say P/E’s on “as reported earnings” are too
high in consideration of the long-term trend in earnings (now in down phase).
“Over the past 75 years, most market peaks topped at around 20 times reported
earnings, and the troughs occurred at around 10 times earnings. The financial
mania of the late 1990s pushed P/Es to over 40 times reported earnings, and the
following bust never brought P/Es below 18 times reported earnings. … Going
back to 1950, every instance where actual earnings rose above trend-line
earnings was followed by a period where actual earnings went well below
trend-line earnings. Comstock Partners believes that we have entered such a
period now, and that the market is trading at such a high multiple of
trend-line earnings that it will be difficult to make money.”
BEAR - May 19: Gluskin Sheff analyst David Rosenberg
(formerly of Merill Lynch) says this rally is a sucker’s rally based on short
covering. “The FTSE All-World market P/E ratio on forward earnings estimates is
now around 15x, well above pre-Lehman collapse levels and nearly double the
lows for the cycle … this was a rally built largely on short covering, pension
fund rebalancing and the emergence of hope wrapped up in ‘green shoot’ data
points. … On average, the S&P 500 undergoes a correction of more than 20% …
at a minimum, take profits”
NEUTRAL (BEAR?) - May 11: Baring Asset Management portfolio
manager Hayes Miller says “Estimates suggest there isn’t that much further to
run because equities are fairly valued … Earnings growth for 2009 and 2010
can’t support prices too much higher than where we are today.”
BEAR - May 11: HSBC Global Asset Management chief
investment officer Leon Goldfeld, chief investment officer at HSBC Global Asset
Management said it’s “hard to see” enough profit growth to justify higher stock
prices. The firm’s strategy will be to reduce its holdings of equities and move
into bonds and cash, he said.Bloomberg TV on June 1, said HSBC forecasts 900 as
the year-end price for the S&P 500 index.
NEUTRAL - May 11: Bloomberg compilation of analyst forecasts of 2009
earnings for the S&P 500 is at $57.17 (not stated whether “as reported” or
“operating”). As of June 1, that puts the S&P at about 16.5 times
forecasted earnings. Yale economist Robert Schiller said the historic average
is a multiple of about 16.3. [we note that we are not in an average situation
or stage of a market, however].
BEAR - May 11: Bank of America CIO for private wealth
management expects a 10% correction. He said, “We’re going to be in a very
volatile, chop-and-grind type of market. We’ve been shown that there is a small
light at the end of the tunnel, it’s dim but getting brighter, and that’s why
stock prices have come this far this fast. Now, it’s all about ‘show me.’”
BEAR?/ BULL? - May Letter: PIMCO co-CEO Bill Gross wrote: “Do not
be deceived by the euphoric sightings of “green shoots” and the claims for new
bull markets in a multitude of asset classes. Stable and secure income is still
the order of the day. Shaking hands with the new government is still the
prescribed strategy, although it should be done at a senior level of the
balance sheet. If the government indeed becomes your investment partner, you should
keep the big Uncle in clear sight and without back turned. Risk will not likely
be rewarded until the global economy stabilizes and the Obama rules of order
are more clearly defined.”
BEAR - April 17: Barclay’s analyst Barry Knapp forecasts S&P 500
at 757 by year-end 2009. He said, “The equity market has priced this recovery
and then some. It looks pretty expensive to us.”
PROGRAMMED
TRADES/SUCKERS’ HIGH OIL/LOW DOLLAR (RIIIIIGHT!) RALLY INTO THE CLOSE TO KEEP
SUCKERS SUCKERED BASED ON BAD NEWS ( ie., GOV'T OWES
RECORD $63.8 TRILLION... Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S.
economy to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro , new record for
continuing unemployment claims, fed downgrades outlook that previously provided
b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T
ALONE (ie., Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS
5-29-09, PROGRAMMED TRADES/SUCKERS’ HIGH OIL/LOW DOLLAR
(RIIIIIGHT!) RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS (
ie., GOV'T OWES
RECORD $63.8 TRILLION... Dollar Falls Most In A Month Since
1985
Leap in U.S. debt hits taxpayers
with 12% more red ink Gold jumps above $970/oz as dollar
weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S.
economy to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil coming this
year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro , new record for
continuing unemployment claims, fed downgrades outlook that previously provided
b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T
ALONE (ie., Market Manipulation/Fraud: How
Financial Markets Really Work Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS 5-28-09, SUCKERS’ RALLY
INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie., Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on
the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S.
economy to dip again next year... Case-Shillers
index shows new record decline in real estate prices, $80+ oil coming this
year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro , new record for
continuing unemployment claims, fed downgrades outlook that previously provided
b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T
ALONE (ie., Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down , ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! Foreclosure woes mount for those with
good credit
Fed Finds a Way to Use Stress Tests to Screw Bank
Shareholders One More Time (at Seeking Alpha)
Time Warner to spin off AOL, ending ill-fated deal
[$$] Listen, But Don't Get Suckered Faber:
Inflation to 'Approach Zimbabwe Level'... U.S. Weighs Single Agency to
Regulate Banking Industry Yet Ignores Existing Laws, Prosecution, and
Disgorgement in this Huge Fraud…Why
PREVIOUS 5-27-09, MODEST LOSSES
RELATIVE TO REALITY TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie., Double-Dip Depression Marc Faber: “I Am 100% Sure that
the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities Sell-Off Case-Shillers
index shows new record decline in real estate prices, $80+ oil coming this
year Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro Britain's Debt Outlook Gets Bleaker: Same
Implications for the U.S…how could anyone be surprised about that? Regulators shut 2 more, 35 and 36, failed
banks this year in Illinois (AP) GM borrows $4 billion more, prepares
for bankruptcy Job losses up in 44 states as recession drags on
Florida's BankUnited fails, will cost FDIC $4.9B (AP)
Regulators seize 34th bank failure of year Florida's
BankUnited FSB (AP) ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) AND BULL S**T ALONE (ie., Economist Warns Fed Will Bring About
Zimbabwe Style Hyperinflation The $4 trillion housing headache (at
Fortune)
foreclosure sales up, prices down Treasury
Selloff Spiking Interest Rates GM bankruptcy seen near
GM all but certain to file for Chapter
11 US Government to Take Up 70% Stake
in GM FDIC Fund Running Dry Yahoo Finance | As the FDIC has had to step in to take
over more and more insolvent banks, the fund has dwindled to dangerously low
levels. At the same time, the number of problem banks continues to grow at a rapid
pace. IRS tax revenue falls along with
taxpayers’ income USA Today | Federal tax revenue plunged $138
billion, or 34%, in April vs. a year ago — the biggest April drop since 1981. ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through Wall Street sags on oil; S&P ends
worst week in 2 months Following Chrysler, GM slashing U.S.
dealers SEC lawyers probed for insider trading
GM, Chrysler to drop 1,900 dealers by
end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt
Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’
as world’s reserve currency Former Treasury Official who Devised
Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that
Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail
Like Communism New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-26-09, suckers’ rally
to keep suckers suckered based on bad news ( ie.,
Case-Shillers index shows new record decline in real estate
prices, Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro Britain's Debt Outlook Gets Bleaker: Same
Implications for the U.S…how could anyone be surprised about that? Regulators shut 2 more, 35 and 36, failed
banks this year in Illinois (AP) GM borrows $4 billion more, prepares
for bankruptcy Job losses up in 44 states as recession drags on
Florida's BankUnited fails, will cost
FDIC $4.9B (AP) Regulators seize 34th bank failure of year Florida's
BankUnited FSB (AP) ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) and bull s**t alone (ie., fake consumer confidence
reading 30+% better than private estimate sucker-rallies stocks , Current
Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers
(at CNBC)
, The
Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s
Rally” , don’t forget that the suckers rally stock prices
accounted for the very modest but ephemeral uptick in leading
indicators Dallas Federal Reserve: Unfunded
Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars ) , ‘SELL IN MAY AND GO
AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting
better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-22-09, only very
modest losses relative to reality based on bad news (
ie., Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro Britain's Debt Outlook Gets Bleaker: Same
Implications for the U.S…how could anyone be surprised about that? Regulators shut 2 more, 35 and 36, failed
banks this year in Illinois (AP) GM borrows $4 billion more, prepares
for bankruptcy Job losses up in 44 states as recession drags on
Florida's BankUnited fails, will cost
FDIC $4.9B (AP) Regulators seize 34th bank failure of year Florida's
BankUnited FSB (AP) ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) and bull s**t alone ( Current
Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers
(at CNBC)
, The
Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s
Rally” , don’t forget that the suckers rally stock prices
accounted for the very modest but ephemeral uptick in leading indicators ) , ‘SELL IN MAY AND GO
AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! Regulators shut 2 more, 35 and 36, failed
banks this year in Illinois (AP) GM borrows $4 billion more, prepares
for bankruptcy Job losses up in 44 states as recession drags on
Bill to Audit Fed Wisely Gains
Serious Momentum U.S. to Steer GM Toward Bankruptcy Gold tops $960 for first time in
two months as dollar weakens South Afica gold coin demand hits
all time high Peter Schiff called “Extremist” by
Time Magazine Geithner Vows to Cut U.S. Deficit
on Rating Concern…riiiiight!…con Gold Poised for Third Weekly Gain
as Dollar Slumps Against Euro SEC lawyers probed for insider trading
GM, Chrysler to drop 1,900 dealers by
end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt
Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’
as world’s reserve currency Former Treasury Official who Devised
Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that
Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail
Like Communism New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-21-09, only modest
losses relative to reality as rally into the close keeps suckers suckered based
on bad news ( ie., Russia Rationally Dumps Dollar as
Reserve Currency - Adopts Euro Florida's BankUnited fails, will cost
FDIC $4.9B (AP)
Regulators seize 34th bank failure of year Florida's
BankUnited FSB (AP) ,
new record for continuing unemployment claims, fed downgrades outlook that
previously provided b.s. for suckers’ rally, record low for new housing starts,
etc.) and bull s**t alone ( Current
Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers
(at CNBC)
, The
Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s
Rally” , don’t forget that the suckers rally stock prices accounted
for the very modest but ephemeral uptick in leading indicators ) , ‘SELL IN MAY AND GO
AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! Britain's Debt Outlook Gets Bleaker: Same
Implications for the U.S…how could anyone be surprised about that? GMAC receives $7.5 billion in new
Treasury aid (AP) Dollar
hits '09 low on rating fears; stocks dip (Reuters) U.K. to Lose AAA Rating at S&P as Finances Weaken U.S. Stocks Decline on Jobless Claims, greenspan, who
helped create the debacle and should thereby know, Warning Gold May Test $1,200 (5-20) The Weimar Hyperinflation is
Happening Again! With fed printing/creating like mad, what did they expect? Rogers Echoes Warning Of “Sucker’s
Rally” Green Shoots: Too Small, Too Far Apart The
Sleepwalkers' Rally Former head of pension agency takes the
Fifth (AP) Global stocks slip,
dollar tumbles after downbeat Fed Depression hits already defacto bankrupt Social
Security hard Gold purchases up 36% as investors
look to preserve wealth China Gold Reserves May Back Yuan
Internationalization-Report 22 reasons why OBAMA will raise
your taxes Federal
debt is now $11.5 trillion. Add $1.4 trillion this year. That’s almost 100% of
GDP. (5-19) Deficit surges at agency that insures pensions (AP) China and Brazil Plan to Dump Dollar HP's profit drops, more layoffs looming
Japan logs record GDP drop
Senator: More oversight needed at
insolvent pension agency (AP) Inflating Our Way Out of This Mess? Why
This Won't Work Japan's economy in record plunge
Jim
Rogers: Obama will Devastate the Economy This Economy Ain't Healed Yet (at
Seeking Alpha) (5-18) Suckers’ rally ( The Suckers Rally, Japan Style …high
oil price rally…riiiiight! ) Bilderberg
2009 Attendee List
(revised) Meanwhile: The Bilderbergers are
advancing in Norway [ I
realize that jones (who parenthetically it should be noted, hypocritically
censored my comments) et als really overdoes this group’s (among others) effect
on the u.s. , state of the world, etc.; truth be told, this group like most of
the interest/pressure groups including the masses, in the u.s., etc., are no
more than a just a bunch of f**k-ups/vegetables who like the aforementioned
multitudes have really ‘mucked things up’ (for lack of a more precise yet
concise term) on this planet, probably irrevocably, and like the many
home-grown f**k-ups/vegetables, and in america particularly criminals, jones
refuses to acknowledge as culpable for the many reasons he refuses to see, are
but rather typically incompetent players contributing in there own very special
eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and
cumulative result being this ever deflating (declining) ball of chaos
/confusion /criminality called earth (there are exceptions to the foregoing,
but in america, the same would be 5% or less)
]. Economy limiting services of local
police Madoff Investors Probed by U.S.
Prosecutors yet still not even one prosecution of the perpetrators of the
largest scam/fraud in history foisted off on/funded by taxpayers Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment
Numbers Show We’re Already In a Depression
PREVIOUS 5-20-09, only modest
losses relative to reality based on bad news ( ie., fed
downgrades outlook that previously provided b.s. for suckers’ rally, record low
for new housing starts, etc.) and bull s**t alone ( Current
Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers
(at CNBC)
, The
Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s
Rally” ) , ‘SELL IN MAY AND GO
AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! The Weimar Hyperinflation is
Happening Again! With fed printing/creating like mad, what did they expect? Rogers Echoes Warning Of “Sucker’s
Rally” Green Shoots: Too Small, Too Far Apart The
Sleepwalkers' Rally Former head of pension agency takes the
Fifth (AP) Global stocks slip,
dollar tumbles after downbeat Fed Depression hits already defacto bankrupt Social
Security hard Gold purchases up 36% as investors
look to preserve wealth China Gold Reserves May Back Yuan
Internationalization-Report 22 reasons why OBAMA will raise
your taxes Federal
debt is now $11.5 trillion. Add $1.4 trillion this year. That’s almost 100% of
GDP. (5-19) Deficit surges at agency that insures pensions (AP) China and Brazil Plan to Dump Dollar HP's profit drops, more layoffs looming
Japan logs record GDP drop
Senator: More oversight needed at
insolvent pension agency (AP) Inflating Our Way Out of This Mess? Why
This Won't Work Japan's economy in record plunge
Jim
Rogers: Obama will Devastate the Economy This Economy Ain't Healed Yet (at
Seeking Alpha) (5-18) Suckers’ rally ( The Suckers Rally, Japan Style …high
oil price rally…riiiiight! ) Bilderberg
2009 Attendee List (revised)
Meanwhile: The Bilderbergers are
advancing in Norway [ I
realize that jones (who parenthetically it should be noted, hypocritically
censored my comments) et als really overdoes this group’s (among others) effect
on the u.s. , state of the world, etc.; truth be told, this group like most of
the interest/pressure groups including the masses, in the u.s., etc., are no
more than a just a bunch of f**k-ups/vegetables who like the aforementioned
multitudes have really ‘mucked things up’ (for lack of a more precise yet
concise term) on this planet, probably irrevocably, and like the many
home-grown f**k-ups/vegetables, and in america particularly criminals, jones
refuses to acknowledge as culpable for the many reasons he refuses to see, are
but rather typically incompetent players contributing in there own very special
eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and
cumulative result being this ever deflating (declining) ball of chaos
/confusion /criminality called earth (there are exceptions to the foregoing,
but in america, the same would be 5% or less)
]. Economy limiting services of local
police Madoff Investors Probed by U.S.
Prosecutors yet still not even one prosecution of the perpetrators of the
largest scam/fraud in history foisted off on/funded by taxpayers Rep. Paul’s bill to audit Federal
Reserve nets 165 co-sponsors is the first of what should be many necessary wise
moves American Capitalism Gone With a
Whimper The Shrinking American Consumer The Suckers Rally, Japan Style Gold likely to test $950 level
this week Blue
collar males lose more ground; unemployment rate surges past national
average...
PREVIOUS 5-19-09, only modest
losses relative to reality based on bad news ( ie., record low
for new housing starts, etc.) and bull s**t alone ( Current
Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers
(at CNBC)
) , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN
SINCE MUCH, MUCH WORSE TO COME! Deficit surges at agency that insures pensions (AP) China and Brazil Plan to Dump Dollar HP's profit drops, more layoffs looming
Japan logs record GDP drop
Senator: More oversight needed at
insolvent pension agency (AP) Inflating Our Way Out of This Mess? Why
This Won't Work Japan's economy in record plunge
Jim
Rogers: Obama will Devastate the Economy This Economy Ain't Healed Yet (at
Seeking Alpha) (5-18) Suckers’ rally ( The Suckers Rally, Japan Style …high
oil price rally…riiiiight! ) Bilderberg
2009 Attendee List (revised)
Meanwhile: The Bilderbergers are
advancing in Norway [ I
realize that jones (who parenthetically it should be noted, hypocritically
censored my comments) et als really overdoes this group’s (among others) effect
on the u.s. , state of the world, etc.; truth be told, this group like most of
the interest/pressure groups including the masses, in the u.s., etc., are no
more than a just a bunch of f**k-ups/vegetables who like the aforementioned
multitudes have really ‘mucked things up’ (for lack of a more precise yet
concise term) on this planet, probably irrevocably, and like the many
home-grown f**k-ups/vegetables, and in america particularly criminals, jones
refuses to acknowledge as culpable for the many reasons he refuses to see, are
but rather typically incompetent players contributing in there own very special
eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and
cumulative result being this ever deflating (declining) ball of chaos
/confusion /criminality called earth (there are exceptions to the foregoing,
but in america, the same would be 5% or less) ].
Economy limiting services of local
police Madoff Investors Probed by U.S.
Prosecutors yet still not even one prosecution of the perpetrators of the
largest scam/fraud in history foisted off on/funded by taxpayers Rep. Paul’s bill to audit Federal
Reserve nets 165 co-sponsors is the first of what should be many necessary wise
moves American Capitalism Gone With a
Whimper The Shrinking American Consumer The Suckers Rally, Japan Style Gold likely to test $950 level
this week New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS
5-18-09 , suckers’ rally ( The Suckers Rally, Japan Style …high
oil price rally…riiiiight! ) accelerates into the close based on bad news
and bull s**t alone ( Current
Recession Is Tracking the 1930s Bear Market ) , ‘SELL IN MAY AND GO
AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! American Capitalism Gone With a
Whimper The Shrinking American Consumer The Suckers Rally, Japan Style Bilderberg
2009 Attendee List (revised)
Meanwhile: The Bilderbergers are
advancing in Norway [ I realize that jones (who parenthetically it should be
noted, hypocritically censored my comments) et als really overdoes this group’s
(among others) effect on the u.s. , state of the world, etc.; truth be told,
this group like most of the interest/pressure groups including the masses, in
the u.s., etc., are no more than a just a bunch of f**k-ups/vegetables who like
the aforementioned multitudes have really ‘mucked things up’ (for lack of a
more precise yet concise term) on this planet, probably irrevocably, and like the
many home-grown f**k-ups/vegetables, and in america particularly criminals,
jones refuses to acknowledge as culpable for the many reasons he refuses to
see, are but rather typically incompetent players contributing in there own
very special eccentric, neurotic, sick, venal, corrupt, etc., way to this
collective and cumulative result being this ever deflating (declining) ball of
chaos /confusion /criminality called earth (there are exceptions to the
foregoing, but in america, the same would be 5% or less) ].
Economy limiting services of local
police Madoff Investors Probed by U.S.
Prosecutors yet still not even one prosecution of the perpetrators of the
largest scam/fraud in history foisted off on/funded by taxpayers Rep. Paul’s bill to audit Federal
Reserve nets 165 co-sponsors is the first of what should be many necessary wise
moves Gold likely to test $950 level
this week Blue
collar males lose more ground; unemployment rate surges past national
average... (5-15)Highest credit card
default rates in 26 years at 10+%, the
real economy in terms of unemployment, income, and debt far worse than their
rosy ‘green shoots’ scenario to help froth the market. Wall Street sags on oil; S&P ends
worst week in 2 months Following Chrysler, GM slashing U.S. dealers
“The Worst Is Yet to Come” Yahoo Finance | “If the consumer isn’t petrified, he
or she is a damn fool.” (5-14)All news worse than expected, ie.,
weekly job losses higher than expected 637,000, wholesale inflation rate
.3%, BEAR ALARM US ’sham’ bank bail-outs enrich
speculators , The Secrets of the Federal Reserve
Bob Chapman |
A manmade disaster created by the Federal Reserve, banking and Wall Street, and
these are the same corrupt group who our government has chosen to rectify the
problem. The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable etc., It’s
worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler
said in no uncertain terms, “this sure smells to me a suckers rally,” largely
because “there aren't sustainable, fundamental reasons for the market's
continued rise.” I’m skeptical about this rally, reveals
analyst Guy Adami . Wall Street sags on oil; S&P ends
worst week in 2 months Following Chrysler, GM slashing U.S. dealers
SEC lawyers probed for insider trading
GM, Chrysler to drop 1,900 dealers by
end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt
Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’
as world’s reserve currency Former Treasury Official who Devised
Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that
Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail
Like Communism New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-15-09, only
modest losses relative to reality as this suckers’ rally has been based on bad
news and bull s**t alone, ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Highest credit card
default rates in 26 years at 10+%, the
real economy in terms of unemployment, income, and debt far worse than their
rosy ‘green shoots’ scenario to help froth the market. Wall Street sags on oil; S&P ends
worst week in 2 months Following Chrysler, GM slashing U.S. dealers
“The Worst Is Yet to Come” Yahoo Finance | “If the consumer isn’t petrified, he
or she is a damn fool.” (5-14)All news worse than expected, ie.,
weekly job losses higher than expected 637,000, wholesale inflation rate
.3%, BEAR ALARM US ’sham’ bank bail-outs enrich
speculators , The Secrets of the Federal Reserve
Bob Chapman |
A manmade disaster created by the Federal Reserve, banking and Wall Street, and
these are the same corrupt group who our government has chosen to rectify the
problem. The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable etc., It’s
worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler
said in no uncertain terms, “this sure smells to me a suckers rally,” largely
because “there aren't sustainable, fundamental reasons for the market's
continued rise.” I’m skeptical about this rally,
reveals analyst Guy Adami . U.S. Economy: Retail Sales
Unexpectedly Fall for Second Month GM, Chrysler to cut up to 3,000 dealers:
sources (Reuters) U.S. Foreclosure Filings Hit
Record for Second Straight Month Is Anyone Minding the Store at the
Federal Reserve?
Unemployment up to 8.9%, The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable , etc.. America is broke. How
broke? NSN Money
| Government obligations for Social Security and Medicare may soon exceed the
combined net worth of every household and nonprofit organization in the
country. "You have to balance hope
with reality," says Doug Sandler, chief equity officer at Riverfront
Investment Group. Sandler tells Andrew O'Day "this is a good example of a
year where you probably have a lot of hope early, then the reality coming
through Wall Street sags on oil; S&P ends
worst week in 2 months Following Chrysler, GM slashing U.S.
dealers SEC lawyers probed for insider trading
GM, Chrysler to drop 1,900 dealers by
end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt
Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’
as world’s reserve currency Former Treasury Official who Devised
Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that
Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail
Like Communism New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-14-09, suckers’
rally has been based on bad news and bull s**t alone, ‘SELL IN
MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! Highest credit card default rates in 26
years at 10+%, the
real economy in terms of unemployment, income, and debt far worse than their
rosy ‘green shoots’ scenario to help froth the market. Wall Street sags on oil; S&P ends
worst week in 2 months Following Chrysler, GM slashing U.S. dealers
“The Worst Is Yet to Come” Yahoo Finance | “If the consumer isn’t petrified, he
or she is a damn fool.” (5-14)All news worse than expected, ie., weekly job losses higher
than expected 637,000, wholesale inflation rate .3%, BEAR ALARM US ’sham’ bank bail-outs enrich
speculators , The Secrets of the Federal Reserve
Bob Chapman |
A manmade disaster created by the Federal Reserve, banking and Wall Street, and
these are the same corrupt group who our government has chosen to rectify the
problem. The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable etc., It’s
worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler
said in no uncertain terms, “this sure smells to me a suckers rally,” largely
because “there aren't sustainable, fundamental reasons for the market's
continued rise.” I’m skeptical about this rally,
reveals analyst Guy Adami . U.S. Economy: Retail Sales
Unexpectedly Fall for Second Month GM, Chrysler to cut up to 3,000 dealers:
sources (Reuters) U.S. Foreclosure Filings Hit
Record for Second Straight Month Is Anyone Minding the Store at the
Federal Reserve?
Unemployment up to 8.9%, The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable , etc.. America is broke. How
broke? NSN Money
| Government obligations for Social Security and Medicare may soon exceed the
combined net worth of every household and nonprofit organization in the country Oil jumps above $60 on weak US
currency U.S. Trade Deficit Widens First
Time in Eight Months U.S. Federal Deficit to Worsen due
to Dismal Economic Projections Median home prices fall in 88 percent
of cities Freddie Mac seeks $6.1B in US aid after
1Q loss Higher Taxes Coming, Just Like Obama
Promised New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles …Unfortunately,
“fear” lows are only evident in hindsight, because as we saw in 2008, a deeply
oversold market can become spectacularly more oversold before recovering, and
the “fast, furious” spikes off of those lows are often followed by steep
failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-13-09, modest
losses relative to reality, ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! It’s
worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler
said in no uncertain terms, “this sure smells to me a suckers rally,” largely
because “there aren't sustainable, fundamental reasons for the market's
continued rise.” I’m skeptical about this rally,
reveals analyst Guy Adami . U.S. Economy: Retail Sales
Unexpectedly Fall for Second Month GM, Chrysler to cut up to 3,000 dealers:
sources (Reuters) U.S. Foreclosure Filings Hit
Record for Second Straight Month Is Anyone Minding the Store at the
Federal Reserve?
Unemployment up to 8.9%, The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable , etc.. America is broke. How
broke? NSN Money
| Government obligations for Social Security and Medicare may soon exceed the
combined net worth of every household and nonprofit organization in the
country. Everyone is familiar with the old saying, "what goes
up must come down." Certainly the stock market has mounted a serious
challenge to this old saying since bouncing off its lows in March and continues
to defy gravity…In the face of unrelenting bad news, the market has been
climbing because the news is "less bad," Gentle Ben and his Merry
Band of Feds see "green shoots" and the financial press continues an
unrelenting mantra of "recovery lies just ahead." It seems like the
markets will never stop climbing, but they will, because contrary to what you
hear on CNBC and read in the financial press, the laws of gravity have not been
repealed and it's still true that "what goes up, must come down."
…When
measured in ounces of Gold, the DOW has been in a secular bear market since
peaking in late 1999. (Click
charts, courtesy of stockcharts.com, for full size image). The markets,
measured by the S&P500 (S&P500 Charts ) and DIJA (DJIA
Charts ), may have recovered to new highs in 2007, but the DOW:Gold ratio
told a different, truer story of just how unhealthy the US economy was…
Oil jumps above $60 on weak US
currency U.S. Trade Deficit Widens First
Time in Eight Months U.S. Federal Deficit to Worsen due
to Dismal Economic Projections Median home prices fall in 88 percent
of cities
Freddie Mac seeks $6.1B in US aid after
1Q loss Higher Taxes Coming, Just Like Obama
Promised New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-12-09, It’s
worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler
said in no uncertain terms, “this sure smells to me a suckers rally,” largely
because “there aren't sustainable, fundamental reasons for the market's
continued rise.” I’m skeptical about this rally,
reveals analyst Guy Adami . ‘SELL IN
MAY AND GO AWAY’ so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! Unemployment up to 8.9%, The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable , etc.. Everyone is familiar with the old saying, "what goes
up must come down." Certainly the stock market has mounted a serious
challenge to this old saying since bouncing off its lows in March and continues
to defy gravity…In the face of unrelenting bad news, the market has been climbing
because the news is "less bad," Gentle Ben and his Merry Band of Feds
see "green shoots" and the financial press continues an unrelenting
mantra of "recovery lies just ahead." It seems like the markets will
never stop climbing, but they will, because contrary to what you hear on CNBC
and read in the financial press, the laws of gravity have not been repealed and
it's still true that "what goes up, must come down."
…When
measured in ounces of Gold, the DOW has been in a secular bear market since
peaking in late 1999. (Click
charts, courtesy of stockcharts.com, for full size image). The markets,
measured by the S&P500 (S&P500 Charts ) and DIJA (DJIA
Charts ), may have recovered to new highs in 2007, but the DOW:Gold ratio
told a different, truer story of just how unhealthy the US economy was…
BEWARE OF THE SUCKER'S RALLY? ‘… Most recently, the
S&P 500 soared 24 per cent over seven weeks ending in early January, only
to plunge to a new low. It was a fairly typical sucker’s rally and bear markets
often need more than one to create sufficient disillusionment for a definitive
bottom. The 2000–2002 bear market had three, with average gains of 21 per
cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear
markets, 1929 –1932, had six false alarms with an average gain of 47 per cent.
And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in
its first four years with 10 more false dawns since then. Bear markets
typically end with a whimper rather than a bang, casting doubt on the latest
recovery according to Hussman Econometrics, which analysed numerous US market
bottoms and bear market rallies. With the exception of the 1987 crash, the
month before the lowest point of a downturn saw a gradual descent. By contrast,
bear market rallies were preceded by steeper declines and had sharper rebounds.
Another characteristic of bear market rallies has been modest volume on the
rebound compared to the decline. The current recovery fits the pattern of bear
market rallies in terms of volume and the “V” shape of the trough. Analysts at
Bespoke Investment Group noted that there have been only seven other periods in
the past 110 years with rallies of similar magnitude for the Dow. Three
preceded the Great Depression, three came during the Depression and one in
1982…’
New record for
continuing unemployment claims and as with all government data, adp data, etc.,
is fudged to whatever way necessary to help froth the market. Short-covering
explaining part of what remains of this continuing suckers’ bear market rally
and as admonished by analyst at Farr Miller is a bull trap. How about plain old
bull crap! One
analyst (Craig Brown) points out that we’re not at the bottom yet : excerpt-‘ I hate repeating myself, but I do not
see the economy at bottom just yet, so in some respects I will keep repeating
myself until either other people wake up to this reality or something changes
to wake me up. The markets were
down a bit yesterday and, according to Bloomberg, they were down due to fears
of the stress test results. I don't fear them; I fear what they hide. I fear
that a reported 10 out of 19 banks failed when the tests were not at all
stringent enough. I fear that the government will soft-pedal the results to
make them bad enough to have a tad of credibility but not so bad that people
run for the exits. Don't buy my word for it, others are saying the same,
including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case
scenario in the stress tests is already rosier than reality.’ Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin : "This rally is still somewhat
suspect. Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar
to the many bear market rallies between 1929-1933, where signs of economic
stabilisation were met with 25% plus rallies... This optimism was subsequently
crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through Oil jumps above $60 on weak US
currency U.S. Trade Deficit Widens First
Time in Eight Months U.S. Federal Deficit to Worsen due
to Dismal Economic Projections Median home prices fall in 88 percent
of cities Freddie Mac seeks $6.1B in US aid after
1Q loss Higher Taxes Coming, Just Like Obama
Promised New York Fed: Most Powerful
Financial Institution You’ve Never Heard Of along with the missing $4 trillion
you’ve never heard of Home
Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-11-09, only modest
losses relative to reality, ‘SELL IN MAY AND GO AWAY’ so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Unemployment
up to 8.9%, The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable , etc.. Everyone is familiar with the old saying, "what goes
up must come down." Certainly the stock market has mounted a serious challenge
to this old saying since bouncing off its lows in March and continues to defy
gravity…In the face of unrelenting bad news, the market has been climbing
because the news is "less bad," Gentle Ben and his Merry Band of Feds
see "green shoots" and the financial press continues an unrelenting
mantra of "recovery lies just ahead." It seems like the markets will
never stop climbing, but they will, because contrary to what you hear on CNBC
and read in the financial press, the laws of gravity have not been repealed and
it's still true that "what goes up, must come down."
…When
measured in ounces of Gold, the DOW has been in a secular bear market since peaking
in late 1999. (Click charts,
courtesy of stockcharts.com, for full size image). The markets, measured by the
S&P500 (S&P500 Charts ) and DIJA (DJIA
Charts ), may have recovered to new highs in 2007, but the DOW:Gold ratio
told a different, truer story of just how unhealthy the US economy was…
BEWARE OF THE SUCKER'S RALLY? ‘… Most recently, the
S&P 500 soared 24 per cent over seven weeks ending in early January, only
to plunge to a new low. It was a fairly typical sucker’s rally and bear markets
often need more than one to create sufficient disillusionment for a definitive
bottom. The 2000–2002 bear market had three, with average gains of 21 per
cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear
markets, 1929 –1932, had six false alarms with an average gain of 47 per cent.
And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in
its first four years with 10 more false dawns since then. Bear markets
typically end with a whimper rather than a bang, casting doubt on the latest
recovery according to Hussman Econometrics, which analysed numerous US market
bottoms and bear market rallies. With the exception of the 1987 crash, the
month before the lowest point of a downturn saw a gradual descent. By contrast,
bear market rallies were preceded by steeper declines and had sharper rebounds.
Another characteristic of bear market rallies has been modest volume on the
rebound compared to the decline. The current recovery fits the pattern of bear
market rallies in terms of volume and the “V” shape of the trough. Analysts at
Bespoke Investment Group noted that there have been only seven other periods in
the past 110 years with rallies of similar magnitude for the Dow. Three
preceded the Great Depression, three came during the Depression and one in
1982…’
New record for
continuing unemployment claims and as with all government data, adp data, etc.,
is fudged to whatever way necessary to help froth the market. Short-covering
explaining part of what remains of this continuing suckers’ bear market rally
and as admonished by analyst at Farr Miller is a bull trap. How about plain old
bull crap! One
analyst (Craig Brown) points out that we’re not at the bottom yet : excerpt-‘ I hate repeating myself, but I do not
see the economy at bottom just yet, so in some respects I will keep repeating
myself until either other people wake up to this reality or something changes
to wake me up. The markets were
down a bit yesterday and, according to Bloomberg, they were down due to fears
of the stress test results. I don't fear them; I fear what they hide. I fear
that a reported 10 out of 19 banks failed when the tests were not at all stringent
enough. I fear that the government will soft-pedal the results to make them bad
enough to have a tad of credibility but not so bad that people run for the
exits. Don't buy my word for it, others are saying the same, including Nouriel
Roubini. Nouriel has been complaining for weeks on how the worst case
scenario in the stress tests is already rosier than reality.’ Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin : "This rally is still somewhat
suspect. Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar
to the many bear market rallies between 1929-1933, where signs of economic
stabilisation were met with 25% plus rallies... This optimism was subsequently
crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through A Coming Flood of Equity Issuance, aka
The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a
plan…riiiiight!…report
Buffett's
Berkshire has first loss since 2001
Are stocks a loser's bet? YES!
Deficits soar even with rosy assumptions in new Obama
budget... America is broke. How broke? White House forecasts higher budget
deficit
US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama
budget... STIMULUS WATCH: Early road aid leaves out neediest;
Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares
John Hussman: Post Crash Bubbles
…Unfortunately, “fear” lows are only evident in hindsight, because as we saw in
2008, a deeply oversold market can become spectacularly more oversold before
recovering, and the “fast, furious” spikes off of those lows are often followed
by steep failures.... Fed
Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman
responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is
getting better, or has even hit rock bottom. Prospects
of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market,
Rally just like in 1933, wealth producers becoming impoverished, Fed officer
busted for fraud, troubles in the Economy are far beyond fixing,
interdependence of banks around the world expected to worsen economic problems.
New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-8-09, the flaming
full moon and effect on lunatic wall street frauds and bull s**t alone (false
data, not as bad as expected…riiiiight!…, etc.) irrationally exuberantly rally
stocks so SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! Unemployment up to 8.9%, US unemployment hits 25-year high China fears bond crisis as it
slams quantitative easing The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable , etc.. BEWARE OF THE SUCKER'S RALLY? ‘… Most recently, the
S&P 500 soared 24 per cent over seven weeks ending in early January, only
to plunge to a new low. It was a fairly typical sucker’s rally and bear markets
often need more than one to create sufficient disillusionment for a definitive
bottom. The 2000–2002 bear market had three, with average gains of 21 per
cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear
markets, 1929 –1932, had six false alarms with an average gain of 47 per cent.
And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in
its first four years with 10 more false dawns since then. Bear markets
typically end with a whimper rather than a bang, casting doubt on the latest
recovery according to Hussman Econometrics, which analysed numerous US market
bottoms and bear market rallies. With the exception of the 1987 crash, the
month before the lowest point of a downturn saw a gradual descent. By contrast,
bear market rallies were preceded by steeper declines and had sharper rebounds.
Another characteristic of bear market rallies has been modest volume on the
rebound compared to the decline. The current recovery fits the pattern of bear
market rallies in terms of volume and the “V” shape of the trough. Analysts at
Bespoke Investment Group noted that there have been only seven other periods in
the past 110 years with rallies of similar magnitude for the Dow. Three
preceded the Great Depression, three came during the Depression and one in
1982…’
New record for
continuing unemployment claims and as with all government data, adp data, etc.,
is fudged to whatever way necessary to help froth the market. Short-covering
explaining part of what remains of this continuing suckers’ bear market rally
and as admonished by analyst at Farr Miller is a bull trap. How about plain old
bull crap! One
analyst (Craig Brown) points out that we’re not at the bottom yet : excerpt-‘ I hate repeating myself, but I do not
see the economy at bottom just yet, so in some respects I will keep repeating
myself until either other people wake up to this reality or something changes
to wake me up. The markets were
down a bit yesterday and, according to Bloomberg, they were down due to fears
of the stress test results. I don't fear them; I fear what they hide. I fear
that a reported 10 out of 19 banks failed when the tests were not at all
stringent enough. I fear that the government will soft-pedal the results to
make them bad enough to have a tad of credibility but not so bad that people run
for the exits. Don't buy my word for it, others are saying the same, including
Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case
scenario in the stress tests is already rosier than reality.’ Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin : "This rally is still somewhat
suspect. Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar
to the many bear market rallies between 1929-1933, where signs of economic
stabilisation were met with 25% plus rallies... This optimism was subsequently
crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through [$$] Banks Won Concessions on Tests (at
The Wall Street Journal Online) [$$] Hit by Mortgage Defaults, Fannie
Needs $19 Billion (at The Wall Street Journal Online)
[$$] Bank Shares Range-Bound Near Term (at Barron's
Online) AP Sources: Obama wants Fed to be
finance supercop which is one of the dumber things I’ve ever heard (very bushy)
since the fed is the super criminal, capo, godfather, etc., in the criminal
enterprise called american finance/scam the taxpayer/etc., in this fraud of
monumental proportion … the bubble will again pop
Fannie Mae seeks $19B in US aid after 1Q
loss Buffett's Berkshire has first loss since 2001
Fed Sees Up to $599 Billion in Bank
Losses Is Rupert Murdoch losing it? Already past tense; he’s
lost it…so…..?
EU Calls for “ Internet G12 ″ for Global Internet Governance US unemployment hits 25-year high China fears bond crisis as it
slams quantitative easing The Economy Will Not Recover Until
The Perpetrators Of Our Crises Are Held Accountable New York Fed chairman Friedman
abruptly resigns BEWARE
OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-7-09, yes, there is
a flaming full moon which explains in large part only modest losses relative to
reality by the lunatic frauds on wall street so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! New record
for continuing unemployment claims and as with all government data, adp data,
etc., is fudged to whatever way necessary to help froth the market.
Short-covering explaining part of what remains of this continuing suckers’ bear
market rally and as admonished by analyst at Farr Miller is a bull trap. How
about plain old bull crap! One
analyst (Craig Brown) points out that we’re not at the bottom yet : excerpt-‘ I hate repeating myself, but I do not
see the economy at bottom just yet, so in some respects I will keep repeating
myself until either other people wake up to this reality or something changes
to wake me up. The markets were
down a bit yesterday and, according to Bloomberg, they were down due to fears of
the stress test results. I don't fear them; I fear what they hide. I fear that
a reported 10 out of 19 banks failed when the tests were not at all stringent
enough. I fear that the government will soft-pedal the results to make them bad
enough to have a tad of credibility but not so bad that people run for the
exits. Don't buy my word for it, others are saying the same, including Nouriel
Roubini. Nouriel has been complaining for weeks on how the worst case
scenario in the stress tests is already rosier than reality.’ Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin : "This rally is still somewhat
suspect. Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar
to the many bear market rallies between 1929-1933, where signs of economic
stabilisation were met with 25% plus rallies... This optimism was subsequently
crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells
Andrew O'Day "this is a good example of a year where you probably have a
lot of hope early, then the reality coming through U.S. banks race to fill $74.6 billion
stress test hole NY Fed chair resigns amid stock
purchase questions and while they’re at it ask him and tiny tim geithner about
the missing $4 trillion at the N.Y. fed bank among other things
BofA needs $33.9 billion, eyes stock and asset sales
Cyberbullying Bill Not About
Protecting Kids, It is About Shutting Down the Opposition Rupert Murdoch: “Internet Will
Soon Be Over – in his wet dreams along with presidents hillary, rudy, and
mccain – must be ancestral flashbacks to the penal colony days in australia” Taking on the banking cabal Looking Back on the Greatest
Depression 401(k)s Hit by Withdrawal Freezes Taleb: Global Crisis “Vastly Worse”
Than 1930s, Buy Gold and Copper Dollar Hovering at Cliff’s Edge Group names 25 lenders responsible
for economic meltdown $58: Oil prices jump to new six-month high...
GM posts $6
billion loss for first quarter... Betrayal of the People By Wall Street, Banks, and Government
FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-6-09, Yes, there is
a full moon which explains inlarge part this ridiculous up move on bad news and
bull s**t alone so SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! Some short-covering explaining part of this continuing suckers’
bear market rally, the other as admonished by analyst at Farr Miller is a bull
trap. How about plain old bull crap! One
analyst (Craig Brown) points out that we’re not at the bottom yet : excerpt-‘ I hate
repeating myself, but I do not see the economy at bottom just yet, so in some
respects I will keep repeating myself until either other people wake up to this
reality or something changes to wake me up. The markets were down a bit
yesterday and, according to Bloomberg, they were down due to fears of the
stress test results. I don't fear them; I fear what they hide. I fear that a
reported 10 out of 19 banks failed when the tests were not at all stringent
enough. I fear that the government will soft-pedal the results to make them bad
enough to have a tad of credibility but not so bad that people run for the
exits. Don't buy my word for it, others are saying the same, including Nouriel
Roubini. Nouriel has been complaining for weeks on how the worst case
scenario in the stress tests is already rosier than reality.’ Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin : "This rally is still somewhat suspect.
Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar
to the many bear market rallies between 1929-1933, where signs of economic
stabilisation were met with 25% plus rallies... This optimism was subsequently
crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through BofA, Citi, Wells need capital under
stress tests NEED BILLIONS AND BILLIONS MORE
Bank stress tests show some banks need more funds
Almost a Quarter of U.S.
Homeowners Are Underwater Banks Need Billions More Globalizing the Internet Hedge Fund Leader Blasts Obama for
“Bullying” and “Abuse of Power” About that “loan”: Obama team
writes off $7 billion taxpayers loaned Chrysler $56: Oil prices jump to new high for year... US
wants Israel, India, Iran to sign NPT Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-5-09, So small were the losses relative to
reality that to try and make sense of same (americans among other investors
must love getting burned by the frauds on wall street who are commissioning the
new bubble like mad and don’t worry since in america today they socialize their
losses and privatize their gains) is but a fool’s errand so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! One
analyst (Craig Brown) points out that we’re not at the bottom yet : excerpt-‘ I hate
repeating myself, but I do not see the economy at bottom just yet, so in some
respects I will keep repeating myself until either other people wake up to this
reality or something changes to wake me up. The markets were down a bit
yesterday and, according to Bloomberg, they were down due to fears of the
stress test results. I don't fear them; I fear what they hide. I fear that a
reported 10 out of 19 banks failed when the tests were not at all stringent
enough. I fear that the government will soft-pedal the results to make them bad
enough to have a tad of credibility but not so bad that people run for the
exits. Don't buy my word for it, others are saying the same, including Nouriel
Roubini. Nouriel has been complaining for weeks on how the worst case
scenario in the stress tests is already rosier than reality.’ Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin : "This rally is still somewhat
suspect. Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar
to the many bear market rallies between 1929-1933, where signs of economic
stabilisation were met with 25% plus rallies... This optimism was subsequently
crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through Bank of America to need $34 billion in
capital: source Yen rises, stocks slip on Bank of
America needs Moody's downgrades NYSE Euronext debt (AP)
Auditors see SEC deficiencies
Stress Test Results Seem to Be Changing
Daily (at Seeking Alpha) We Haven't Reached the Bottom Yet About that “loan”: Obama team writes
off $7 billion taxpayers loaned Chrysler US Fed rejects request to help
credit card holders Fed Stress Tests to Show About 10
Banks Need Capital Gold Climbs to One-Week High as
Dollar Declines; Platinum Gains Editorial:
Bleak forecast for EU economies Michigan residents mine bodies for cash; Sellers offer
hair, blood... GM plans 1-for-100 reverse stock split...
The Economic Pain Ain't Over Yet Economic downturn ‘twice as bad as
feared’ NEEDS MORE: House Dems seek $94.2 billion in
'emergency funds'... Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-4-09, so
preposterous was the day’s suckers’ rally that I cannot dignify same with my
own commentary other than to say SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN
SINCE MUCH, MUCH WORSE TO COME! Some
perspective from Sajal… Excerpts – ie., … Mark
Hulbert : That bullish bandwagon. Commentary: Some
sentiment measures showing too much optimism Art Cashin : "This rally is still somewhat
suspect. Albert Edwards : "Despite one of the biggest
economics and profit collapses in history, US stocks have failed to get cheap
in the same way that they have in Europe or Japan. My concern is that
the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar
to the many bear market rallies between 1929-1933, where signs of economic
stabilisation were met with 25% plus rallies... This optimism was subsequently
crushed." Charles Allmon … He still thinks the stock market
could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross
the price of gold. Jim
Bianco : "I don't think we are getting out of this for
a long while. This has been a lousy stock rally. … …traders living in a
fool's paradise if they continue to drive the markets higher by buying stocks
based on earnings that are down, say, 50 percent from this time last year, only
because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
"You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming Georgia, N.J. and Utah banks fail
The Economic Pain Ain't Over Yet Obama says financial sector to shrink (Reuters)
Buffett dispenses gloom at Berkshire
fest …daaaah! Warren Buffett warns inflation is on the
horizon …daaah!(at Fortune) SHOCK CLAIM: WHITE HOUSE BULLY THREAT
OVER AUTO BANKRUPTCY... China 'cutting down purchases of US Treasury
bonds'... Obama: Wall Street will play less
dominant role... ...financial sector to shrink
European economy 'will shrink 4%'
About 10 U.S. stress test banks to need more capital
UBS remains cautious after confirming
first-quarter loss AIG to post first-quarter loss, no new
bailout: source Prepare for Another Round of U.S.
'Stimulus' Propaganda Swine Flu A Hoax, But Martial Law
All Too Real U.S. families rely on handouts in
world’s richest country Attack on the Chrysler Capitalists
Obama Pushes ‘Crackdown’ on Legal Tax
‘Havens’ Economic downturn ‘twice as bad as
feared’ NEEDS MORE: House Dems seek $94.2 billion in
'emergency funds'... Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 5-1-09, suckers’ rally
into the close to keep suckers sucked in based on very bad news [ U.S. Economy: GDP Shrinks in Worst
Slump in 50 Years , Georgia, N.J. banks fail, bringing '09
total to 31 , Auto sales plunge to near 30-year lows
, Chrysler to close 5 more plants; court case
begins ,
‘China cancels America’s credit
card’ , Mark
Hulbert who tracks investment consensus says bear market rally and new lows
before new highs , continuing claims for unemployment at new record
6.3 million, new claims at 631,000 for prior week, worse than expected are
consumer spending -.2% and personal income -.3%, Chrysler receives additional
$8 billion in taxpayer funds and files for bankruptcy, U.S. Economy in 2nd Straight
Quarter of Steep Decline , leading economic
indicators ( a forward looking guage of economic activity/growth) declined a
much worse than expected –6.1% which one analyst commented was negative and
getting worse, pandemic level raised to 5, banks need another trillion, new
home sales down, durable goods sales down, 4 more bank failures to 27 for 2009
thus far, GM borrows $2 billion more/close dealers/many more layoffs, Ford
loses almost $2 billion, Microsoft reports first decline in revenue ever,
U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k,
etc. , home sales down 3%, prices down 12%,
etc. ] and bull s**t ( fed says pace of decline
slowing…riiiiight!, dilutive stock issues, not as bad as expected, Consumer confidence soars past forecasts
(on fake conference board report) in April – riiiiight! Come on! Even americans
are not that shortsighted /blind /dumb!… l , etc. ) alone to keep
fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud
rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! ‘…economic conditions remain dour. Factory
orders for March declined 0.9%, which is worse than the 0.6% decline that was
widely expected, and February orders were revised lower to reflect an increase
of 0.7%. Meanwhile, the ISM Manufacturing Index for April showed continued
contraction. It came in at 40.1. However, that was better than the 38.4 that
was expected, and was also up from 36.3 in March. With economic conditions
continuing to challenge businesses and consumers, Ford (F 5.69, -0.29) announced April auto sales
fell 31.6%, while General Motors (GM 1.81, -0.11) said its US sales fell 34% in April…’ …traders living in a fool's paradise if
they continue to drive the markets higher by buying stocks based on earnings
that are down, say, 50 percent from this time last year, only because they're
not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian cost-cutting,
an unsustainable strategy for long-term growth. More importantly, although
companies are beating profit estimates, thanks to the cost-cutting, they are
missing expectations for revenue, she says. Further, cost-cutting via layoffs
hurts the economy as a whole, Garnick argues, because the unemployed spend less
money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
Dollar falls on euro, up on yen on GDP
hopes …riiiiight! "You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through Social Security: Bankrupt System Will
Impact Markets Sooner Than Expected Georgia, N.J. banks fail, bringing '09
total to 31 U.S. Economy: GDP Shrinks in Worst
Slump in 50 Years Auto sales plunge to near 30-year lows
[$$] The Overvalued Market Needs a Healthy Pullback Major wholesale bank shuttered …Silverton, Ga…and
then Ridgewood, n.j. for 31st bank failure this year (at CNNMoney.com)
Manufacturing declines at slower rate in
April … riiiiight!…(AP) Chrysler to close 5 more plants; court
case begins Results delayed again on banks stress
tests …the fudge factor!…(at bizjournals.com) Regulators close two more banks U.S. families rely on handouts in
world’s formerly richest country Elliot Wave Theorists Claim
Pandemics Always Happen In a Bear Market CITI Said to Need Up to $10 Billion; Bank
Disputes 'Stress Test' Result... ‘China cancels America’s credit
card’ China, wary of the troubled US economy, has ‘canceled
America’s credit card’ by cutting down purchases of debt, a US congressman
says. Top Senate
Democrat: bankers “own” the U.S. Congress Stress-Test Results Are Delayed by Fed as Examiners,
Banks Debate Findings... Economy
shrinks at worse-than-expected pace... Metro Unemployment Skyrockets; Some Cities See Rates
Comparable To Great Depression... STRESS: Fed Finds at Least 6 of 19 Biggest Banks Need to
Raise More Capital... CITI scrambles...
MSNBC's Washington HQ Can't Make Rent: Looking to Share
Space with Local U... Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 4-30-09, very modest
losses relative to reality to keep suckers sucked in based on very bad news [ Continuing
claims for unemployment at new record 6.3 million, new claims at 631,000 for
prior week, worse than expected are consumer spending -.2% and personal income
-.3%, Chrysler receives additional $8 billion in taxpayer funds and files for
bankruptcy, U.S. Economy in 2nd Straight
Quarter of Steep Decline , leading economic
indicators ( a forward looking guage of economic activity/growth) declined a
much worse than expected –6.1% which one analyst commented was negative and
getting worse, pandemic level raised to 5, banks need another trillion, new
home sales down, durable goods sales down, 4 more bank failures to 27 for 2009
thus far, GM borrows $2 billion more/close dealers/many more layoffs, Ford
loses almost $2 billion, Microsoft reports first decline in revenue ever,
U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k,
etc. , home sales down 3%, prices down 12%,
etc. ] and bull s**t ( fed says pace of decline
slowing…riiiiight!, dilutive stock issues, not as bad as expected, Consumer confidence soars past forecasts
(on fake conference board report) in April – riiiiight! Come on! Even americans
are not that shortsighted /blind /dumb!… l , etc. ) alone to keep
fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud
rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! …traders living in a fool's paradise if
they continue to drive the markets higher by buying stocks based on earnings
that are down, say, 50 percent from this time last year, only because they're
not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… U.S. Economy: GDP Shrinks in
Worst Slump in 50 Years "You
have to balance hope with reality," says Doug Sandler, chief equity
officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this
is a good example of a year where you probably have a lot of hope early, then
the reality coming through…” …[ The upshot is that the fraud continues in churn-and-earn
fashion with investors, taxpayer, etc., getting burned for the sake of wall
street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
Dollar falls on euro, up on yen on GDP
hopes …riiiiight! "You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through…” Chrysler files for Chapter 11 bankruptcy
Motorola loss widens; analysts see
worrisome signs Dow Chemical 1Q profit tumbles 97
percent With earnings bar low, April fraudulently strong for
stocks Will the Swine Flu Get the Same
Response as the Financial Crisis - Protect the Status Quo without Really
Changing Anything?
U.S. Economy: GDP
Shrinks in Worst Slump in 50 Years Top Senate
Democrat: bankers “own” the U.S. Congress Stress-Test Results Are Delayed by Fed as Examiners,
Banks Debate Findings... Economy
shrinks at worse-than-expected pace... Metro Unemployment Skyrockets; Some Cities See Rates
Comparable To Great Depression... STRESS: Fed Finds at Least 6 of 19 Biggest Banks Need to
Raise More Capital... CITI scrambles...
MSNBC's Washington HQ Can't Make Rent: Looking to Share
Space with Local U... Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 4-29-09, flagrant
suckers’ rally to keep suckers sucked in based on very bad news [ U.S. Economy in 2nd Straight
Quarter of Steep Decline leading economic
indicators ( a forward looking guage of economic activity/growth) declined a
much worse than expected –6.1% which one analyst commented was negative and
getting worse, pandemic level raised to 5, banks need another trillion, new
home sales down, durable goods sales down, 4 more bank failures to 27 for 2009
thus far, GM borrows $2 billion more/close dealers/many more layoffs, Ford
loses almost $2 billion, Microsoft reports first decline in revenue ever,
U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k,
etc. , home sales down 3%, prices down 12%,
etc. ] and bull s**t ( fed says pace of decline
slowing…riiiiight!, dilutive stock issues, not as bad as expected, Consumer confidence soars past forecasts
(on fake conference board report) in April – riiiiight! Come on! Even americans
are not that shortsighted /blind /dumb!… l , etc. ) alone to keep
fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud
rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! …traders living in a fool's paradise if
they continue to drive the markets higher by buying stocks based on earnings
that are down, say, 50 percent from this time last year, only because they're
not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says. Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… "You have to balance hope with reality,"
says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through…” …[ The upshot is that the
fraud continues in churn-and-earn fashion with investors, taxpayer, etc.,
getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Economy in 2nd Straight Quarter
of Steep Decline
Dollar falls on euro, up on yen on GDP
hopes …riiiiight! "You have to balance hope with reality," says
Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler
tells Andrew O'Day "this is a good example of a year where you probably
have a lot of hope early, then the reality coming through…”
Economy
shrinks at worse-than-expected pace... Metro Unemployment Skyrockets; Some Cities See Rates
Comparable To Great Depression... STRESS: Fed Finds at Least 6 of 19 Biggest Banks Need to
Raise More Capital... CITI scrambles...
MSNBC's Washington HQ Can't Make Rent: Looking to Share
Space with Local U... Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 4-28-09, very modest
losses relative to reality to keep suckers sucked in based on bad news (banks
need another trillion, new home sales down, durable goods sales down, 4 more
bank failures, GM borrows $2 billion more, Ford loses almost $2 billion,
Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k,
etc. , home sales down 3%, prices down 12%,
etc. ) and bull s**t ( dilutive stock issues, not as bad as expected,
Consumer confidence soars past forecasts
(on fake conference board report) in April – riiiiight! Come on! Even americans
are not that shortsighted /blind /dumb!… l etc. ) alone to
keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling
(on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! Sun's loss widens on restructuring,
slumping sales
Citi, BofA may need more capital after
stress tests (Reuters) GM to force more than 1,000 dealers to close
Douglas, Stone head back to `Wall Street' (AP)
E-Trade Financial 1st-qtr loss widens,
shares fall (AP) Textron's 1st-quarter profit falls 63 pct (AP) …traders
living in a fool's paradise if they continue to drive the markets higher by
buying stocks based on earnings that are down, say, 50 percent from this time
last year, only because they're not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says.Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… Betrayal of the People By Wall Street, Banks, and
Government FLASH:
Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 4-27-09, only modest
losses relative to reality to keep suckers sucked in based on bad news (banks
need another trillion, new home sales down, durable goods sales down, 4 more
bank failures, GM borrows $2 billion more, Ford loses almost $2 billion,
Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k,
etc. , home sales down 3%, prices down 12%,
etc. ) and bull s**t ( dilutive stock issues, not as bad as
expected, etc. ) alone to keep fraudulent wall street’s churn and earn
commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud
rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! …traders living in a fool's paradise if
they continue to drive the markets higher by buying stocks based on earnings
that are down, say, 50 percent from this time last year, only because they're
not down 75 percent… Diane Garnick , investment strategist at Invesco ...In an interview on Tech Ticker , Garnick says that
companies are beating earnings expectations in the first quarter by Draconian
cost-cutting, an unsustainable strategy for long-term growth. More importantly,
although companies are beating profit estimates, thanks to the cost-cutting,
they are missing expectations for revenue, she says.Further, cost-cutting via
layoffs hurts the economy as a whole, Garnick argues, because the unemployed
spend less money… Betrayal of the People By Wall Street, Banks, and
Government GM OFFERS ITSELF UP FOR NATIONALIZATION... FLASH: Treasury Borrows Record $361 Billion for 2nd
Quarter... GM goes for broke Corporate
CFR Members Get Most of the Bailout Money Flu
fears dampen talk of tentative world recovery Raised pandemic risk, bank capital
report fuels fresh fears US newspaper circulation sees biggest
decline yet (AP) WSJ: Regulators urge BofA, Citi to boost capital
GM goes for broke CNNMoney | General Motors announced plans Monday to cut
23,000 U.S. jobs by 2011, drop its storied Pontiac brand and slash 40% of its
dealer network in its latest bid to stay out of bankruptcy.
U.S.
Initial Jobless Claims Rose to 640,000 Last Week
Gore
Denies that Ken Lay, Goldman Sachs CEOs Helped Develop C02 Trading ‘Scheme’:
VIDEO
PREVIOUS 4-24-09, suckers’ bear market rally to keep
suckers sucked in based on bad news ( new home sales down, durable goods sales
down, 4 more bank failures, GM borrows $2 billion more, Ford loses almost $2
billion, Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k,
etc. , home sales down 3%, prices down 12%,
etc. ) and bull s**t ( dilutive stock issues, not as bad as
expected, etc. ) alone to keep fraudulent wall street’s churn and earn
commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud
rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Watch out for the fake government
stress tests (they lie about everything!). Note the delay in the rollout. Bank
analyst Cassidy says bank plan a failure. Business week business analyst
/reporter says (tongue in cheek) the optimism (irrational exuberance) must be
the advent of spring and the birds chirping (in the heads of the wall street
lunatic/frauds…cukoos). Analysts/Economists comments include: slow release of
stress test results, details and accuracy of data crucial for stress tests
(good luck!), things have not bottomed out but pace of decline has slowed
somewhat, bleak outlook for GM, Chrysler and bankruptcy probably necessary
because of legacy costs, and public pension funds with ridiculously rich
benefits the next shoe to drop. Oxdown Gazette sums up the crucial story | ‘The 12 trillion that is being floated
to insolvent US banks is essentially being looted in the paper economy’ (ie.,
churn and earn by wall street fraudsters who must be prosecuted and forced
disgorgement/forfeiture in the massive securities fraud that still goes
unmentioned though the source of this economic debacle, etc.).
Four more banks shuttered as credit
crunch shakes out Why Housing Is Not Coming Back Obama Talks Credit Cards, Summers
Nods Off This Volatility Is Off the Charts! Banks
May Struggle After 'Stress Tests'; Bad Assets Triple...
R.I.P.: GM
to pull the plug on Pontiac...
Four more banks closed by regulators, this years
closures exceeding all of 2008 as depression continues
John Letzing , MarketWatch April 24, 2009 SAN FRANCISCO
(MarketWatch) -- Four banks in Georgia, Michigan, California and Idaho were
closed by regulators Friday, costing the Federal Deposit Insurance Corp.'s
deposit insurance fund nearly $700 million as the effects of the credit crisis
continued rippling throughout the U.S. economy . Kennesaw,
Ga.-based American Southern Bank marked the 26th bank failure of the year and
the fifth in the state of Georgia, the FDIC said. Farmington Hills, Mich.-based
Michigan Heritage Bank then became the 27th failure of 2009, followed by the
closure of Calabasas, Ca.-based First Bank of Beverly Hills. Alpharetta,
Ga.-based Bank of North Georgia has agreed to assume American Southern Bank's
deposits, the FDIC said in a statement…
Germany’s slump risks ‘explosive’
mood as second banking crisis looms China Increases Gold Reserves 76% to
Fifth-Largest
PREVIOUS 4-23-09, suckers’ rally
in last 30 minutes to keep suckers sucked in based on bad news ( U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k,
etc. , home sales down 3%, prices down 12%,
etc. ) and bull s**t ( dilutive stock issues, not as bad as
expected, etc. ) alone to keep fraudulent wall street’s churn and earn
commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud
rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Watch out for the fake government
stress tests (they lie about everything!). Oxdown Gazette sums up the crucial story | ‘The 12 trillion that is being floated
to insolvent US banks is essentially being looted in the paper economy’ (ie.,
churn and earn by wall street fraudsters who must be prosecuted and forced
disgorgement/forfeiture in the massive securities fraud that still goes
unmentioned though the source of this economic debacle, etc.). U.S. Initial Jobless Claims Rose to
640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k Russia’s economy shrank a staggering
9.5% in first quarter Truth About TARP Reports: GM to Shut Down Plants for
the Summer President's financial adviser falls asleep
while Obama talks! ON THE BRINK: Feds preparing bankruptcy
filing for CHRYSLER... AMEX Profit Drops 58% as Defaults Rise,
Consumers Cut Spending... Microsoft's sales show fallout of
recession
Normura posts record $7.3 billion
annual loss Interview with Peter Schiff: Reflating the Bubble
Soaring U.S. Budget Deficit Will
Mean Billions in Bond Sales Housing bubble smackdown: Huge
“shadow inventory” portends a bigger crash ahead AP Sources:GM to shut many US plants up to
9 weeks - General
Motors Corp. is planning to temporarily close most of its U.S. factories for up
to nine weeks this summer because of slumping sales and growing inventories of
unsold vehicles, three people bri… [$$] Morgan Stanley Still at Loss (at
The Wall Street Journal Online)
[$$] Gauging Stress: More Losses Likely (at The Wall
Street Journal Online) No quick cybersecurity fix seen
Banks still in distress, Geithner tells
overseers…DAAAAAH! How ‘bout insolvent!…(AP)
David Tice: S&P 500 To Plunge to
325 Housing Starts Fall Sharply... Wall Street loses 3,100 jobs in March … Should lose
another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Treasury Stress Test Won't Add Clarity or
Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie.,
mark to market abolition, etc.) means more fraud (at Seeking Alpha)
Questions linger over Tarp funding... MAJOR MALL OPERATOR FILES FOR BANKRUPTCY...
JPMorgan and Goldman trading profits
unlikely to last Reuters
The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 4-22-09, modest losses
relative to reality in mixed market close so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Oxdown Gazette sums up the crucial story | ‘The 12 trillion that is being floated
to insolvent US banks is essentially being looted in the paper economy’(ie.,
churn and earn by wall street fraudsters who must be prosecuted and forced
disgorgement/forfeiture in the massive securities fraud that still goes
unmentioned though the source of this economic debacle, etc.). ‘For the second session in a row, stocks
opened lower but buyers moved in to bid the major indices higher (based on
nothing at all). However, upward momentum stalled as the S&P 500 approached
the 850 level in the final hour of trading, which prompted sellers to re-enter
the fold and hand stocks a sizeable loss. The late selling effort focused on
financial stocks, which closed with a loss of 3.8%, worse than any other sector
in the S&P 500. Shares of Morgan Stanley (MS 22.44, -2.21)
weighed heavily on the financial sector after the company reported a larger-than-expected
first quarter loss and a dividend cut.’
Gold Heading Above $2,000 by End of
2010: Strategist
Soaring U.S. Budget Deficit Will
Mean Billions in Bond Sales Housing bubble smackdown: Huge
“shadow inventory” portends a bigger crash ahead AP Sources:GM to shut many US plants up to
9 weeks - General
Motors Corp. is planning to temporarily close most of its U.S. factories for up
to nine weeks this summer because of slumping sales and growing inventories of
unsold vehicles, three people bri... Falling bank stocks unravel rally; Dow
loses 83 - Nagging
worries about banks upended a stock market rally Wednesday.
[$$] Morgan Stanley Still at Loss (at
The Wall Street Journal Online)
Talks on mortgage relief plan hit a snag (AP)
- Negotiations between the banking industry and Senate Democrats on
a mortgage relief plan hit a snag Wednesday after a trade association
representing credit unions said it could not endorse the proposa...
[$$] Gauging Stress: More Losses Likely (at The Wall
Street Journal Online) No quick cybersecurity fix seen
Banks still in distress, Geithner tells
overseers…DAAAAAH! How ‘bout insolvent!…(AP)
David Tice: S&P 500 To Plunge to 325 Housing Starts Fall Sharply... Wall Street loses 3,100 jobs in March … Should lose
another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Treasury Stress Test Won't Add Clarity or
Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie.,
mark to market abolition, etc.) means more fraud (at Seeking Alpha)
Questions linger over Tarp funding... MAJOR MALL OPERATOR FILES FOR BANKRUPTCY...
JPMorgan and Goldman trading profits
unlikely to last Reuters
The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
PREVIOUS 4-21-09, Tiny Tim talks the talk in testimony tit
for tat talking the talk, or stated another way, how much talk could tiny tim
talk if a tiny tim could talk talk, said three times fast and you have the
inspiration for a rally on fraudulent wall street based on bull s**t alone as
bad news and bull s**t alone has kept the churn and earn commissionable bubble
fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Even main stream business radio
reporter Laura Gregory references the ‘rally based on nothing at all’, which of
course is true. One
analyst said all bank problems remain and reality would not limit the remaining
problems to banks.
IMF says $2.7
trillion in losses ahead for (u.s.) banks. judd greg says u.s. couldn’t
meet the economic criteria for admission to EU. WOW! Given the economic state
of the EU, that’s worse than bad! Seeking Alpha Analyst sums it up ‘…The
six-week-long rally is over. It was huge. The Dow Jones is up almost 1500
points. But the party is over. The Dow Jones fell under its 13 day moving
average, the same thing happened to the S&P 500 and the Nasdaq composite. I
had some hope that the Naz could stay above its 13 day MA, but no such luck.
Now what? According to the 1932 scenario, we might have a 2-3 months long
slump, followed by another bull market. Or the market can go down big time,
cross down its 50 day MA and test the March lows…’ - The latter is the scenario
consonant with reality. - He assumes best case scenario as he concludes that ‘… means that either the March low holds or a new low
will not be much lower. – Reality disagrees with that overly rosy scenario
based upon his stated overly rosy assumption! Crimes suspected in 20 bailout cases — for starters AIG eats another $30 billion-ish Housing Bubble Smackdown: Bigger
Crash Ahead U.S. Stocks To Fall at Least 6%: Doug Kass Key Points About the
Coming Hyperinflation Wall St gains as banks lifted by tiny
tim’s b.s NYT
losses worsen as ad sales plunge 27%... Yahoo to cut 5 percent of jobs Wall St gains as banks lifted by tiny
tim’s b.s . AMD posts deeper loss, shares fall (AP)
[$$] Connecticut Treasurer Joins Critics of BofA CEO
(at The Wall Street Journal Online)
[$$] Citi Investors Vent About Losses
(at The Wall Street Journal Online)
Banks still in distress, Geithner tells
overseers…DAAAAAH! How ‘bout insolvent!…(AP)
David Tice: S&P 500 To Plunge to
325 Housing Starts
Fall Sharply... Wall Street loses 3,100 jobs in March … Should lose
another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Treasury Stress Test Won't Add Clarity or
Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie.,
mark to market abolition, etc.) means more fraud (at Seeking Alpha)
Questions
linger over Tarp funding... MAJOR MALL
OPERATOR FILES FOR BANKRUPTCY...
JPMorgan and Goldman trading profits
unlikely to last Reuters
The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression
Citigroup: The Beginning and End of the
Current Rally (at Seeking Alpha)
Why BAC Will Beat: Understanding a New
Bull Market Is Not Underway (at Seeking Alpha)
Government's Handling of Economic Crisis - Einstein
Would Call It Insane (at Seeking Alpha) Bank of America net up, shares sink on
bad loans GM cutting 1,600 U.S. salaried positions
IBM sales fall more than expected, but
b.s. up Wall Street sinks on banks' woes
Wall Street tumbles as investors dump financials (AP)
IBM shares slip as 1Q sales fall short
(AP) New embrace of reality about bank health
grip Wall Street Backdoor Path To Bank Nationalization
(at CNBC) Zions Bancorp Swings To 1Q Loss; Moody's
Cuts Ratings Economic Downturn Negatively Affecting
Credit Markets in Varied Industries Celente: “America lives in a fascist
state” Backdoor Nationalization? U.S. May
Convert Banks’ Bailouts to Equity Share Why a 50% Drop in Housing Is Not
the Bottom
PREVIOUS 4-17-09 (4-14,15,16,-09), Suckers’ rally
into the close to keep the suckers’ suckered on bad news and bull s**t alone so
SELL/SELL INTO
RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO
COME!
April 17 (Bloomberg) -- David Tice, the chief portfolio
strategist for bear markets at Federated Investors Inc., said the
Standard & Poor’s 500 Index will probably plunge about 62 percent.
He spoke during a Bloomberg Television interview today. The Federated Prudent
Bear Fund that he founded returned 6.7 percent last year as the S&P 500
plunged 38 percent, the most since 1937. Tice said the benchmark index for U.S.
stocks may slump to about 325. It closed today at 865.30. The measure has
surged 28 percent since March 9, the most in five weeks since the 1930s. SUCKER'S RALLY APPROACHING AN END by Peter
Cooper : Whatever the technical reason for the
25 percent rise in the S&P over the past five weeks, or a more modest eight
percent bounce in GCC regional stock prices, the absurdness of this sucker’s
rally ought to be obvious to all. Unemployment is still rising, house prices
are still falling, and the fundamentals of bank balance sheets are still
deteriorating with total bad debts unknown except that we know they must be
getting worse. Global trade fell off a cliff in the first quarter of the year.
Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The
collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming … The stock market pattern in 2008-9
has so far been a mirror image of the crash of 1929-30 with a halving of prices
from the autumn followed by a 25 per cent rally from March lows. In April 1930
stocks moved sideways and then they crashed another 50 per cent into the
summer… New record
continuing unemployment claims in excess of 6 million, -11% for new home sales
(unexpected but stocks and even homebuilders rallied), Bloomberg reports $13
trillion (much unaccounted for) taxpayer/bailout funds spent/lent/stolen by who
knows what/where/how (ie.,replace stolen funds?, etc.), second largest mall co.
to bankruptcy with more to come along with more commercial real estate
foreclosures. ‘…initial
claims for the week ending April 11 totaled 610,000, which is down more than
expected from the prior week, but continuing claims climbed more than expected
to a new record of 6.02 million. Separately, housing starts disappointed
investors hoping to find signs of a recovery in home building. Housing starts
for March totaled 510,000, which was below the 540,000 starts that were
expected and down from the prior month. Meanwhile, building permits in March
totaled 513,000, which is below the 549,000 permits that were expected, down
from February…’
SUCKER'S RALLY APPROACHING AN END by Peter Cooper: Whatever the technical reason for the
25 percent rise in the S&P over the past five weeks, or a more modest eight
percent bounce in GCC regional stock prices, the absurdness of this sucker’s
rally ought to be obvious to all. Unemployment is still rising, house prices
are still falling, and the fundamentals of bank balance sheets are still
deteriorating with total bad debts unknown except that we know they must be
getting worse. Global trade fell off a cliff in the first quarter of the year.
Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The
collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming
… The stock market pattern in 2008-9 has so far been a mirror image of the
crash of 1929-30 with a halving of prices from the autumn followed by a 25 per
cent rally from March lows. In April 1930 stocks moved sideways and then they crashed
another 50 per cent into the summer. What possible reason is there for optimism
to believe that history will not repeat itself? Government stimulus packages
have more than likely been too small and too late to prevent another down leg
in stocks, and will take time to revive the real economy, if indeed they can do
so. They might just stop the worst possible scenario but are they going to
prevent the plunge downwards? Governments have not managed it so far.
Consumers and
unemployment
…It will take more than weasel words from US bankers and ‘green shoots’ in the
waffle of President Obama to put things right. Eventually global stock markets
will reach a bottom but they are not close to having visited it just yet. Wall
Street and its friends are playing investors as suckers but they are in danger
of overdoing it. For once these guys are impoverished where will the next bunch
of fools come from? Goldman Sachs' (GS ) results this week might well
mark the top of the rally, beyond that the only way is down.
Industrial production down –13%, most since WW2. The wall street
frauds celebrate increase real estate sales…on increased
foreclosures…riiiiight! U.S. foreclosure filings jump as
moratoriums end US foreclosures up 24 percent in 1st
quarter Jim Rogers Says Investors Should
Expect More Bottoms Still
not one prosecution as new churn and earn fraud/bubble begins with taxpayer
bailout funds (old reliable foggy/sell the sizzle tech sector now the wall
street frauds’ refuge-remember the dot com bust, etc.). BULL S**T STORIES FOISTED AS B.S. TALKING POINTS FOR
CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING : WELLS FARGO RECEIVED $25 BILLION TAXPAYER MONEY/BAILOUT
FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT- GOLDMAN
RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY AND
REPORTS QUARTERLY $1.8 BILLION PROFIT - MORGAN CHASE
RECEIVED $25 BILLION AND REPORTS QUARTERLY $2+ BILLION PROFIT – CITI
RECEIVED $25 BILLION AND REPORTS QUARTERLY $__ BILLION PROFIT - DO
THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS
PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX!
WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL S**T! …[ The upshot is that the
fraud continues in churn-and-earn fashion with investors, taxpayer, etc.,
getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds
of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion
puts the amount at $600+trillion ) have been
addressed much less solved; hence, virtually all problems remain and there is
but an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc.]. U.S. Treasury asking banks keep quiet on
stress tests New unemployment claims at high 654,000 praised as positive
number… riiiiight! …as continuing unemployment claims at record 5.84 million
(real numbers even worse). Economy so bad that consumers can’t buy goods so
trade deficit shrank but this is a structural defect in u.s. economy so not
good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus,
consolidation, robbing peter to pay paul, take profits; while economist cite
Reich that we’re in depression and government as in land of fruits and nuts out
of control. Earnings revised downward for first
quarter –36.5%, more weakness, more unemployment, inflation to come on fast
says Hogan, and insurance companies now que up at corporate welfare/taxpayer
bailout lines. In positing (suckers’) bear market rally and advocating
hold cash/sell stocks Hillary Kramer points to the preposterous on wall street
where bad news greated as good vis-à-vis stocks (they call what wall street
does ‘fraud’…in a rational world where they would already be in jail). Madman
Cramer – the ultimate contrarian indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR
Greg Feirman Wow, the bulls are really feeling good. “Wells Fargo
Carries The Day” and the S&P and Dow closed at 2 months high
and the Nasdaq is near its highs for the year. On Mad Money this evening , Cramer went so far
as to call “a turn in the economy”, saying “the facts have changed”, “the
situation has clearly improved” and “things are getting better”. This isn’t the
first time Cramer has called a bottom and he’s been wrong before (For example,
see “Cramer Declares The End Of The Bear Market”
, Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday
October 6 , Cramer went on the today show and told people to sell
any stock money they might need in the next five years. The market bottomed
that Friday. It could run another couple weeks but this rally is running thin. Methinks
me smells a top ….. Rational
View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness
in the financial sector, the looming deterioration of commercial real estate,
the credit markets tepid backing of the equity rally, and the still very shaky
and highly volatile global economy, it's our view at ETFdesk.com the recent
run-up in stocks is unwarranted and presents an overly optimistic view of the
months ahead. We believe investors should consider taking short term profits or
use the recent run to reduce equity exposure they are weary of. We also believe
investment grade debt (NYSEArca: LQD - News ) represents an opportunity for investors
seeking beaten down prices without the downside volatility of equities… David Tice: S&P 500 To Plunge to
325 Housing Starts Fall Sharply... Sony Ericsson posts Q1 loss, plans more
cost cuts Wall Street loses 3,100 jobs in March … Should lose
another 90% OF THEIR CHURN AND EARN JOBS (Reuters)
Toshiba expects bigger loss, contract
job cuts Sony Ericsson posts loss, to cut 2,000 jobs
Treasury Stress Test Won't Add Clarity or
Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie.,
mark to market abolition, etc.) means more fraud (at Seeking Alpha)
Questions linger over Tarp funding... MAJOR MALL OPERATOR FILES FOR BANKRUPTCY...
JPMorgan and Goldman trading profits
unlikely to last Reuters
The Great Geithner Coverup Obama Maintains His Perfect
Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall
Short Ron
Paul: Reckless Spending And Taxation Prolonged Great Depression Goldman Sachs: Wall St Largest Crooks
Citigroup: The Beginning and End of the
Current Rally (at Seeking Alpha)
Why BAC Will Beat: Understanding a New
Bull Market Is Not Underway (at Seeking Alpha)
Government's Handling of Economic Crisis - Einstein
Would Call It Insane (at Seeking Alpha) Bank of America net up, shares sink on
bad loans GM cutting 1,600 U.S. salaried positions
IBM sales fall more than expected, but
b.s. up Wall Street sinks on banks' woes
Wall Street tumbles as investors dump financials (AP)
IBM shares slip as 1Q sales fall short
(AP) New embrace of reality about bank health
grip Wall Street Backdoor Path To Bank Nationalization (at
CNBC) Zions Bancorp Swings To 1Q Loss; Moody's
Cuts Ratings Economic Downturn Negatively Affecting
Credit Markets in Varied Industries Celente: “America lives in a fascist
state” Backdoor Nationalization? U.S. May
Convert Banks’ Bailouts to Equity Share Why a 50% Drop in Housing Is Not
the Bottom
PREVIOUS (4-14-09), Suckers’ rally
into the close to keep the suckers’ suckered on bad news and bull s**t alone so
SELL/SELL INTO
RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO
COME! Retail sales down –1.1%. ‘…The downward push came as financial stocks fell out of
favor and disappointing retail sales data led some to second guess the
prospects of retailers. Financial stocks weighed on the broader market for the
entire session and finished with a 7.7% loss. The sector's weakness was
widespread, but investment banks and brokerages (-10.7%) suffered some of the
steepest declines after Goldman Sachs (GS 115.92, -14.23) announced a $5
billion common equity offering that was discounted from the prior session's
closing price. The offering will also prove dilutive to existing shareholders…’ Jim Rogers Says Investors Should
Expect More Bottoms BULL S**T STORIES FOISTED AS B.S. TALKING POINT FOR
CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING : WELLS FARGO RECEIVES $25 BILLION TAXPAYER
MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT-
GOLDMAN RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY
AND REPORTS QUARTERLY $1.8 BILLION PROFIT - DO THE MATH (FIRST
GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT
RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL S**T! U.S. Treasury asking banks keep quiet on
stress tests New unemployment claims at high 654,000 praised as positive
number…riiiiight!…as continuing unemployment claims at record 5.84 million
(real numbers even worse). Economy so bad that consumers can’t buy goods so
trade deficit shrank but this is a structural defect in u.s. economy so not
good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus,
consolidation, robbing peter to pay paul, take profits; while economist cite
Reich that we’re in depression and government as in land of fruits and nuts out
of control. Earnings revised downward for first
quarter –36.5%, more weakness, more unemployment, inflation to come on fast
says Hogan, and insurance companies now que up at corporate welfare/taxpayer
bailout lines. In positing (suckers’) bear market rally and advocating
hold cash/sell stocks Hillary Kramer points to the preposterous on wall street
where bad news greated as good vis-à-vis stocks (they call what wall street
does ‘fraud’…in a rational world where they would already be in jail). Madman Cramer – the ultimate contrarian
indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR Greg
Feirman Wow, the bulls are really feeling good. “Wells Fargo
Carries The Day” and the S&P and Dow closed at 2 months high
and the Nasdaq is near its highs for the year. On Mad Money this evening , Cramer went so far
as to call “a turn in the economy”, saying “the facts have changed”, “the
situation has clearly improved” and “things are getting better”. This isn’t the
first time Cramer has called a bottom and he’s been wrong before (For example,
see “Cramer Declares The End Of The Bear Market”
, Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday
October 6 , Cramer went on the today show and told people to sell
any stock money they might need in the next five years. The market bottomed
that Friday. It could run another couple weeks but this rally is running thin. Methinks
me smells a top ….. Rational
View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial
sector, the looming deterioration of commercial real estate, the credit markets
tepid backing of the equity rally, and the still very shaky and highly volatile
global economy, it's our view at ETFdesk.com the recent run-up in stocks is
unwarranted and presents an overly optimistic view of the months ahead. We believe
investors should consider taking short term profits or use the recent run to
reduce equity exposure they are weary of. We also believe investment grade debt
(NYSEArca: LQD - News ) represents an opportunity for investors
seeking beaten down prices without the downside volatility of equities…’ The Great Geithner Coverup Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall
Short Goldman Sachs Q1: Pay Up, People Down
Dealbreaker Afterdark: Fannie Mae CEO
To Head Bailout Nation UBS cuts 8,700 more jobs Let's Keep Big Banks from Ruining
America Forever (at Seeking Alpha) China's ICBC now world's largest bank by deposits (at
MarketWatch) UBS faces $1.8 billion loss, will cut
almost 9,000 more jobs World Economy Falling Faster Than
in 1929-1930 The Geithner-Summers Plan is Even
Worse Than Thought Author who predicted crisis sees
hyperinflation ahead
PREVIOUS (4-13-09), ’ Jim Rogers Says Investors Should
Expect More Bottoms BULL S**T STORIES FOISTED AS B.S. TALKING POINT FOR
CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING : WELLS FARGO RECEIVES $25 BILLION TAXPAYER
MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT-
GOLDMAN RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY
AND REPORTS QUARTERLY $1.8 BILLION PROFIT - DO THE MATH (FIRST
GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT
RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL S**T! U.S. Treasury asking banks keep quiet on
stress tests New unemployment claims at high 654,000 praised as positive
number…riiiiight!…as continuing unemployment claims at record 5.84 million
(real numbers even worse). Economy so bad that consumers can’t buy goods so
trade deficit shrank but this is a structural defect in u.s. economy so not
good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus,
consolidation, robbing peter to pay paul, take profits; while economist cite
Reich that we’re in depression and government as in land of fruits and nuts out
of control. Earnings revised downward for first
quarter –36.5%, more weakness, more unemployment, inflation to come on fast
says Hogan, and insurance companies now que up at corporate welfare/taxpayer
bailout lines. In positing (suckers’) bear market rally and advocating
hold cash/sell stocks Hillary Kramer points to the preposterous on wall street
where bad news greated as good vis-à-vis stocks (they call what wall street
does ‘fraud’…in a rational world where they would already be in jail). Madman Cramer – the ultimate contrarian
indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR Greg
Feirman Wow, the bulls are really feeling good. “Wells Fargo
Carries The Day” and the S&P and Dow closed at 2 months high
and the Nasdaq is near its highs for the year. On Mad Money this evening , Cramer went so far
as to call “a turn in the economy”, saying “the facts have changed”, “the
situation has clearly improved” and “things are getting better”. This isn’t the
first time Cramer has called a bottom and he’s been wrong before (For example, see
“Cramer Declares The End Of The Bear Market”
, Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday
October 6 , Cramer went on the today show and told people to sell
any stock money they might need in the next five years. The market bottomed
that Friday. It could run another couple weeks but this rally is running thin. Methinks
me smells a top ….. Rational
View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial
sector, the looming deterioration of commercial real estate, the credit markets
tepid backing of the equity rally, and the still very shaky and highly volatile
global economy, it's our view at ETFdesk.com the recent run-up in stocks is
unwarranted and presents an overly optimistic view of the months ahead. We
believe investors should consider taking short term profits or use the recent
run to reduce equity exposure they are weary of. We also believe investment
grade debt (NYSEArca: LQD - News ) represents an opportunity for investors
seeking beaten down prices without the downside volatility of equities…’ The Great Geithner Coverup China Slows Purchases of U.S. and
Other Bonds Goldman Sachs hires law firm to shut
blogger’s site for pointing to truth about the fraud firm e Singapore economy shrinks sharply more
than expected WELLS FARGO 'May Need $50 Billion to Pay Feds, Cover Loan
Losses'... Reporters threatened with arrest for filming private
Federal Reserve building SURGE IN DELINQUENT TAXPAYERS; WASHINGTON VOWS SYMPATHY Warren Buffett's electric car venture; CEO drinks 'battery
fluid'... Goldman Sachs mulls dilutive worthless stock sale to
repay TARP money with other TARP money: now you know where the fed trillions in
part are going: report GOLDMAN SACHS announces $5B public stock offering, reports
$1.8B quarterly profit... Bailed-Out Banks Face Probe over
Fees: Report You Know Things Are Bad When Even
Newsweek Is Slamming the Obama Administration for Caving in to the Financial
Status Quo Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall
Short World Economy Falling Faster Than
in 1929-1930 The Geithner-Summers Plan is Even
Worse Than Thought Author who predicted crisis sees
hyperinflation ahead
PREVIOUS (4-9-09), suckers’ bear market rally into the close on
bad news and bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN
SINCE MUCH, MUCH WORSE TO COME! LATE-BREAKING BULL S**T STORY FOISTED AS B.S. TALKING POINT FOR
CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR COMMISSIONING : WELLS FARGO RECEIVES $25 BILLION TAXPAYER
MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT -
DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR
LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO
TAX! WHAT FRAUDS! WHAT TOTAL BULL S**T! U.S. Treasury asking banks keep quiet on
stress tests
New unemployment claims at high 654,000 praised as
positive number…riiiiight!…as continuing unemployment claims at record 5.84
million (real numbers even worse). Economy so bad that consumers can’t buy
goods so trade deficit shrank but this is a structural defect in u.s. economy
so not good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus,
consolidation, robbing peter to pay paul, take profits; while economist cite
Reich that we’re in depression and government as in land of fruits and nuts out
of control. Earnings revised downward for first
quarter –36.5%, more weakness, more unemployment, inflation to come on fast
says Hogan, and insurance companies now que up at corporate welfare/taxpayer
bailout lines. In positing (suckers’) bear
market rally and advocating hold cash/sell stocks Hillary Kramer points to the
preposterous on wall street where bad news greated as good vis-à-vis stocks
(they call what wall street does ‘fraud’…in a rational world where they would
already be in jail). Rational
View Courtesy of ETF.COM: ‘…Due to our
expectations of continued weakness in the financial sector, the looming deterioration
of commercial real estate, the credit markets tepid backing of the equity
rally, and the still very shaky and highly volatile global economy, it's our
view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an
overly optimistic view of the months ahead. We believe investors should
consider taking short term profits or use the recent run to reduce equity
exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD
- News ) represents an opportunity for investors
seeking beaten down prices without the downside volatility of equities…’ Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall
Short World Economy Falling Faster Than
in 1929-1930 The Geithner-Summers Plan is Even
Worse Than Thought Market bear Roubini sticks to dour
forecasts U.S. Treasury asking banks keep quiet on
stress tests Boeing warns on Q1 profit, to cut plane
output Wall Street sets 5th weekly gain on banks, Boeing off
late U.S. Squeezes Auto Creditors (at The
Wall Street Journal Online) Nikkei comes off 9,000, as banks hit by
SMFG news Obama seeks $83.4 billion more in 2009 war funds
Bank of Japan likely to cut economic outlook in next
report Author who predicted crisis sees
hyperinflation ahead
PREVIOUS (4-8-09), suckers’ bear market rally into the close on
worse than expected bad news and bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! LATE-BREAKING BULL S**T STORY FOR B.S.
TALKING POINT FOR CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR COMMISSIONING : WELLS FARGO RECEIVES $25 BILLION TAXPAYER
MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT -
DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR
LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT TO TAX! WHAT
FRAUDS! WHAT
TOTAL BULL S**T!
Earnings revised downward for first quarter –36.5%, more weakness, more
unemployment, inflation to come on fast says Hogan, and insurance companies now
que up at corporate welfare/taxpayer bailout lines. In positing (suckers’) bear market
rally and advocating hold cash/sell stocks Hillary Kramer points to the
preposterous on wall street where bad news greated as good vis-à-vis stocks
(they call what wall street does ‘fraud’…in a rational world where they would
already be in jail). Rational
View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial
sector, the looming deterioration of commercial real estate, the credit markets
tepid backing of the equity rally, and the still very shaky and highly volatile
global economy, it's our view at ETFdesk.com the recent run-up in stocks is
unwarranted and presents an overly optimistic view of the months ahead. We
believe investors should consider taking short term profits or use the recent
run to reduce equity exposure they are weary of. We also believe investment
grade debt (NYSEArca: LQD - News ) represents an opportunity for investors
seeking beaten down prices without the downside volatility of equities…’ Secretary of Labor Reich:
Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall
Short World Economy Falling Faster Than
in 1929-1930 [$$] Little Optimism From FOMC Fed sees no economic recovery until next
year and then next year and year after that and next year
Moody's strips
Berkshire Hathaway of top rating Danger lurks behind banks' results
Reality of worsening depression drove
Fed action [$$] Morgan Stanley to Post a Loss From Volatile,
Complex Bonds (at The Wall Street Journal Online)
Bank Earnings Will Be Hit by Consumer Woes (at
TheStreet.com) Financial Crisis ‘Far From Over,’
Panel Says A Bear in Bull's Clothing: Why This Rally Will Fall
Short The Geithner-Summers Plan is Even
Worse Than Thought
SELL/SELL INTO
RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO
COME!
PREVIOUS (4-6-09), s uckers’ bear market rally into the close
to finish off lows on bad news and bull s**t alone (ie., real bad numbers
though favorably fudged greeted with reiteration ‘better than expected’,
etc…riiiiight!), so still great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Respected banking analyst Mayo
brought the lunatic frauds on wall street back to earth predicting bank loan
losses will exceed those of the Great Depression. Mayo
Says Loan Losses Will Exceed Depression Levels... ‘ Despite the absence of positive catalysts
in afternoon trading, stocks were able to pare their losses. The stock market
had been down as much as 2.3%, but was able to more than cut that loss in half. Financial Stocks Have Run Up Too Hard,
Too Fast (at Seeking Alpha) Slow down: We're Not at the Bottom Yet U.S. deficit nearly $1 trillion in first half of
FY2009
Americans Feel 15.6% Unemployment
as Unemployment Surges SOROS SEES END
OF DOLLAR AS WORLD CURRENCY... GM
Speeds Up Bankruptcy Preparations... Bernanke ‘Green Shoots’ Signals
False Spring Amid Job Losses Bush and Obama Administrations Both
Broke Law By Refusing to Close Insolvent Banks Murdoch: Long-Term Economic
Situation ‘Dangerous’; Recovery 2-3 Years Away Massive Checkpoint Operation in
Tennessee Violated Posse Comitatus, Fourth Amendment Hundreds of Thousands of Unemployed
Run Out of Benefits Larry Summers, Tiny Tim Geithner
and Wall Street’s ownership of government ‘ Mayo
Says Loan Losses Will Exceed Depression Levels... Obama Economic Advisors Linked to
Bankers
PREVIOUS (4-3-09), suckers’ bear market rally continues on bad
news and bull s**t alone (ie., real bad numbers though favorably fudged greeted
with reiteration ‘better than expected’, etc…riiiiight!), so still great
opportunity to SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! 5.1 million jobs
lost, -663,000 in past month, unemployment rate jumps to 8.5% and 15% for
underemployed/part time (I’m sure these data understate the far worse reality
according to some who say 15% and 20+% respectively), credit card
problems/defaults to worsen according to analyst, even service sector down, and
providing insult to injury/damage Goldman, et als using taxpayer funds for
toxic assets (the real boondoggle is the complicit multi-trillion dollar fraud
concerning taxpayer funds to bailout/coverup massive securities law
violations/crimes for which prosecution/disgorgement of gains should have
already begun). Outrageous and preposterous! U.S. jobless rate hits 25-year high
Lawmaker sees Fannie, Freddie bonus
"insult" NYC protesters ask US to 'bail out the
people' (AP) Soros: Global Depression Ahead Buchanan: We Should Kill the
Fed One in 10 Americans gets help to
buy food Ex-AIG chief: Bailout will not
succeed Unemployment in U.S. Climbed in
March to 25-Year High G-20 Shapes New World Order With
Wisely Lesser Role for u.s., u.s. Markets -663,000: Unemployment Rate Reaches 25-Year High of 8.5%... 1 in
every 10 Americans receive food stamps...
Buchanan: We Should Kill the
Fed Patrick J. Buchanan | Hoover did what Obama is doing.
Watchdogs: Treasury
won't disclose bank bailout details.(I think it’s obvious they’re covering up
the substantial securities fraud, using taxpayer money to do so, as yet there’s
not even one prosecution which makes the government complicit, after the fact,
in consummating the fraud) ...
PREVIOUS (4-2-09), suckers’ bear market rally based upon
decisively bad news ( 26 Year High as New US jobless claims hit 669,000
in week , except for fake government reports by corrupt
scandal-scarred commerce department on manufacturing/index up 1.8% though
almost all private forecasts saw decline, etc.), in addition to funny money the
frauds on wall street applauded the funny assets courtesy of f.a.s.b. (there
are no accounting standards in the u.s.), which makes for wall street style
securities fraud as now and in the past (fed also pumped in another $23 billion
in last 3 days to fuel same, despite earnings going down and stock prices
soaring with stratospherically high p/e ratios). Analyst/fund manager Najarian
‘taking a lot off the table’ (selling), while Analyst/fund manager Farr/Miller
who called this bear market rally see’s test of the lows, so if you don’t
celebrate All Fools’ Day (you’re not a fool) you’ll continue to SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! New US jobless claims hit 669,000
in week WASHPOST: Before Crisis, Geithner Fell
Short; He regulated banks... Outstanding Credit Default Swaps
Down to “Only” About Twice America’s GDP Layoffs rise despite hope recession is easing (AP) G-20 to give $1 trillion to IMF,
World Bank UN chief says crisis could result
in failed states
Tax dodgers multiply as underground
economy cushions job cuts The Wall Street Journal Criticizes Capitol
Hill Bonuses (and don’t forget the raises) (at Seeking Alpha)
Inflationary Depression Dr. Marc
Faber runs his own business, Marc Faber Limited, which acts as an investment
advisor and fund manager. He publishes a widely read monthly investment
newsletters The Gloom Boom & Doom report which highlights unusual
investment opportunities, and is the author of several books including
Tomorrow’s Gold – Asia’s Age of Discovery which was first published in 2002 and
highlights future investment opportunities around the world.
PREVIOUS (4-1-09), suckers’ bear market rally into the close with
250 point swing to the upside based on decisively bad news and bull s**t alone,
viz., better than dismal expectations…I don’t think so! …That dog don’t hunt no
more…remember the last market burn and that similar refrain among others, and
the ever indecipherable to most, that infamous tech sector will save us
(bust)…riiiiight! Oh wait, I get it. April Fools Day, as in ‘fool you
once, shame on them, fool you twice, thrice, etc., …shame on you’. How ‘bout
all fools day. U.S. private sector axes 742,000
jobs in March March auto sales plunge... U.S. seen facing danger of 2nd recession
next year or stated another more realistic way, the depression though flush
with ever more worthless weimar dollars providing ephemeral b.s. talking points
of happy days are here again will be exacerbated thereby and continue with a
vengeance r So, SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
AIG crisis could be the tip of an
insurance iceberg
U.S. Spending 100% of GDP on
Bailouts and Related Programs Watchdogs: Treasury
won't disclose bank bailout details.(I think it’s obvious they’re covering up
the substantial securities fraud, using taxpayer money to do so, as yet there’s
not even one prosecution which makes the government complicit, after the fact,
in consummating the fraud) ... U.S. private sector axes 742,000 jobs
in March March auto sales plunge... U.S. seen facing danger of 2nd recession
next year or stated another more realistic way, the depression though flush
with ever more worthless weimar dollars providing ephemeral b.s. talking points
of happy days are here again will be exacerbated thereby and continue with a vengeance
r Financial Rescue Nears GDP as
Pledges Top $12.8 Trillion U.S. auto sales plunge, but bottom not
yet near "Hurt, Frightened and Very
Angry:" Risk of Social Unrest Rising, Says FT's Martin Wolf [$$] Accounting Rules Should Avoid Impairment (at The
Wall Street Journal Online) Nightmare on Wall Street Destination Collapse Foreclosure Crisis Hits Warp
Speed: 6 Million Families Face Losing Their Homes in the Next Three Years
PREVIOUS (3-31-09), suckers’ bear market
rally continues to keep suckers suckered and commission dollars flowing by
window-dressing this past month (and quarter) with gains based on bad news and
hence bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN
SINCE MUCH, MUCH WORSE TO COME! Global Meltdown, Part III $$] It's Only Window-Dressing Why This Is Just Another Bear Market
Rally All news
decisively negative with prospectively negative implications as the
jawboners/frauds talk up that ever elusive bottom for stocks/real estate
despite reality indicating otherwise [have you noticed the wide divergence of
private reports (though somewhat skewed to the upside because of flawed/fake
data they must rely upon from the government) as opposed to false government
reports]. Confidence near historically record lows and Case/Shiller index
showing declining real estate values (-19.4%) Home Prices in 20 U.S. Cities Fell
by a Record 19% with declines at highest rate on record
Global Meltdown, Part III $$] It's Only Window-Dressing Why This Is Just Another Bear Market
Rally An Autopsy of the Glass-Steagall Act U.S. Spending 100% of GDP on
Bailouts and Related Programs TARP Watchdog: “We Do Not Seem To
Be A Priority For The Treasury Department” NEWS BROKE: SUN-TIMES Files For Bankruptcy, Both Major
Chicago Dailies Now In Chapter 11... Ontario, CA, Tent City Residents
Required to Wear Wristbands Government website now offers
’suicide warning signs’ for victims of recession .
PREVIOUS (3-30-09), Art Hogan recently summed up choosing
stocks in this environment thusly: ‘pick the best-looking horse at the glue
factory’…..I think he was as a courtesy to his industry overly generous. The
administration pitches hardballs to the auto industry while continuing to pitch
powder puffs to the wall street frauds who have perpetrated the largest
(securities) fraud in recorded history, turning a cyclical downturn into what
is now unavoidably depression, putting beleagered taxpayers in the unfathomable
position of funders/guarantors of the scam/fraud in bailing out the
perpetrators of the crimes (bush’s infamous base) who have financially
benefited enormously (fees, commissions, spreads, points, salaries, expenses,
bonuses, etc.) from their fraud/crimes. Still not even one
prosecution from this administration even though disgorgement, the legal remedy
among other criminal penalties, would aid the defacto bankrupt u.s.
treasury! Obama's tough auto stance may include
bankruptcy
Wall Street hits the brakes on autos,
bank woes Workers say Obama treated autos worse
than Wall St (AP) UBS shares fall as writedowns, job cuts
expected (AP) Obama puts GM, Chrysler on short leash
Stocks fall as automaker plans are
rejected Russia backs return to Gold Standard
to solve financial crisis Looting by U.S. Government at
All-Time Highs
White House to let Chrysler fail US Banks Operate Without Reserve
Requirements GM, Peugeot CEOs forced out as auto woes
deepen Geithner won't say if more bailout money
needed AIG delays funds to some real-estate
ventures: report Asian stocks tumble on auto, bank concerns (AP)
UBS shares fall as more writedowns, job
cuts seen (Reuters) GM, Chrysler have no 'viable' plans: US task
force Pension insurer shifted to stocks
to froth the fraudulent market Boston Globe | Just
months before the start of last year’s stock market collapse, the federal
agency that insures the retirement funds of 44 million Americans departed from
its conservative investment strategy and decided to put much of its $64 billion
insurance fund into stocks to froth the frudulent market at behest of frauds on
wall street.
PREVIOUS (3-27-09), very modest losses
relative to reality so SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! Sugar coated
though still bad numbers, usual suspects/concerns cited, ie., bankruptcies on
rise, omni 22nd bank to fail this year, printing hyperinflationary funny money
like mad, etc. (don’t forget, as now, in 2008 they predicted improvement in
second half and no recession though we now know we were already in recession
and now depression). Nobel Laureate Dr. Joseph Stiglitz
Says “The Geithner Plan Amounts To Robbery Of The American People” Ninth Georgia bank collapses (at
Atlanta Journal Constitution - 22nd this year) Economy shrinks most in 25 years;
Unemployment continues climb Roubini Says Stocks Will Drop, Government Will
Nationalize More Banks... Ron Paul Predicts 15-year Depression The Credit Bust Is Not Almost Over (at
Seeking Alpha) Top bank regulator placed on leave
pending review (AP) PAPER: Rahm Emanuel's Short FREDDIE MAC stay
made him $320,000+... On PPIP and Geithner's Latest Power Grab
(Linkfest) (at Seeking Alpha) Will SDRs Become World’s Reserve
Currency? UN PANEL TOUTS NEW GLOBAL CURRENCY... Rep. to Geithner: Your Plan Is
'Radical'... The Bubble That Must Burst
PREVIOUS (3-26-09), all news
decisively bad, viz ., continuing unemployment claims at new record high
5.56 million, new unemployment claims at very bad 653,000, economic contraction
a worse than previously reported –6.3%, corporate profits down and at worst
levels in decades, J.D. Power and Associates reports auto sales decline of a
whopping –40%, Economy shrinks most in 25 years;
Unemployment continues climb Roubini Says Stocks Will Drop, Government Will
Nationalize More Banks... Ron Paul Predicts 15-year Depression , yet suckers’ bear market rally
to keep those suckers suckered so take this folly as a great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! The Credit Bust Is Not Almost Over (at
Seeking Alpha) Top bank regulator placed on leave
pending review (AP) PAPER: Rahm Emanuel's Short FREDDIE MAC stay
made him $320,000+... On PPIP and Geithner's Latest Power Grab
(Linkfest) (at Seeking Alpha) Will SDRs Become World’s Reserve
Currency? UN PANEL TOUTS NEW GLOBAL CURRENCY... Rep. to Geithner: Your Plan Is
'Radical'... The Bubble That Must Burst
PREVIOUS (3-25-09), The corrupt, scandal-scarred
commerce department notorious for institutionalized lying comes out with
numbers three times/300% better than private forecasts for now into the
third week in a row for such very forecastable data as used home sales, new
home sales, and durable goods (mostly government/military with funny at that)
in an attempt to froth that font of fraud called the american stock market/wall
street which is how this financial/economic crisis came to be, with the
parasitic churn-and-earn commisioning on the way up (and then down) based on
bull s**t alone. Still not one prosecution of that huge collateralized
securities fraud for which disgorgement would constitute substantial
contribution to treasury as opposed to the just announced diversion to small
potatoes (like madoff, which should be pursued but not a priority to the
multi-trillion dollar collateralized securities fraud, etc.), viz., the
sub-prime mortgage origination fraud (encouraged by actions of fed and
government), etc.. With 80% debt-to-GDP ratio, the u.s. is now the leader of
banana republic nations. Nobel Laureate Dr. Joseph Stiglitz
Says “The Geithner Plan Amounts To Robbery Of The American People” IBM to cut 5,000 jobs in U.S. Wall St. rallies late as data offsets
bond sale gloom [$$] Government-Debt Auctions Disappoint as Demand
Subsides (at The Wall Street Journal Online)
Asian Shares Mostly Lower, Mkts
Overcooked; Nikkei Down 0.7% CDS ‘Godfather’ Says Blow ‘Em All
Up’ Obama Denounces Global Currency
While Creating The Very Means For Its Introduction Code Pink and Barney’s Bailout
Circus One Small Problem With Geithner’s
Plan: It Will Bankrupt The Banks White House to Hunt for New Tax
Revenues Bank Of England warns Gordon Brown
to stop the spending U.K. Bond Auction Fails for First Time
Since 2002 Obama’s Economic Plan a “Road to
Hell” Associated Press | The president of the European Union
on Wednesday slammed U.S. plans to spend its way out of recession as “a road to
hell .”
PREVIOUS (3-24-09): Modest losses relative to an increasingly grim
reality so SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME!
ETF Death Watch: Why Are Funds Closing? The financial
crisis isn’t just
shrinking portfolios and profits. It’s also putting exchange-traded funds and notes out of business. According
to State Street, 58 exchange-traded products closed last year and another 30 or
so from companies like SPA, Credit Suisse and Northern Trust have stopped trading the last three months. With
more on the way, the liquidation process is shaping up to be a prominent trend
for investors to watch in 2009.
Geithner Plan Will Rob US
Taxpayers: Stiglitz The U.S. government plan to rid banks of
toxic assets will rob American taxpayers by exposing them to too much risk and
is unlikely to work as long as the economy remains weak, Nobel Prize-winning
economist Joseph Stiglitz said on Tuesday.
Geithner Grilled on Goldman Sachs
Connections David Edwards | Geithner told Waters that Goldman
Sachs could help manage the new program to help banks remove toxic assets from
their books. Haven’t goldman and
goldman people done enough damage? Their abilities and competence are
vastly overrated and overstated. Be Gentle with the Bankers? No,
Indict Them for Fraud/High Treason
U.S. woos investors to buy toxic assets Falling Japan land prices stir
deflation worries China Telecom's annual profit plunges 96% on
write-down
Japan automakers' sales tumble in
February China Urges New Money Reserve to Replace Dollar
The Fed Did Indeed Cause the Housing
Bubble China Voices Support For New
Global Currency To Replace Dollar
US unveils public-private plan for
toxic assets
Donating for dollars? Many
bailed-out banks still contributing to campaign funds The
federal bank bailouts may be giving new meaning to the term
“kickback.” JPMorgan Chase To Spend Millions
on New Jets and Luxury Airport Hangar YouTube Caught Censoring Obama
Deception Video The Fed Did Indeed Cause the Housing
Bubble
What the Pros Say: US Is Now
‘Bankrupt’ US Federal Reserve announces
massive increase in government debt U.S. Budget Office offers darker economic and deficit
outlook [$$] Market Overbought and Overbelieved Auditors project deeper deficits for
Obama budget Rothschild: Economic crisis will
leave governments with “enormous public debt” The Fed Did It, and Greenspan
Should Admit It
Launching Lifeboats Before the
Ship Sinks Paul Craig Roberts | If the US government is forced to
print money to cover the high costs of its wars and bailouts, things could fall
apart very quickly.
US Federal Reserve announces
massive increase in government debt Barry Grey | The essence of all of the measures
taken in response to the crisis is an effort to rescue the system and protect
the wealth and power of the financial elite at the expense of the broad masses
of the population.
Tax Time Covert Ops Catherine Austin Fitts | Hate. Divide and conquer. It’s a
business. The media is pushing it. The people directing it are the same people
who brought you the AIG bonuses.
PREVIOUS (3-23-09) : So
preposterous was today’s Pavlov dogs rally [conditioning to associate what’s
good for fraudulent wall street, viz., privatizing profits – still not one
prosecution for what now is the largest fraud/scam/swindle in the history of
this planet – and socializing the losses, is somehow positive for america/the
economy by the magnitude of this suckers’ bear market rally and prior market
manipulations] when the same created the instant crisis in the first instance
(don’t worry about the frauds on wall street, they’ll get their commissions
again on the way down as they did in creating this financial debacle/fraud as
they clamor for more taxpayer/treasury money). They’re still
printing/creating those worthless Weimar dollars like mad, China Urges New Money Reserve to Replace Dollar ,don’t know
what they’re doing, are clueless, and disingenuously seek to divert attention
from the missing/stolen/bilked $14 trillion of taxpayer money with the
subterfuge of outrage over the relatively miniscule though not unimportant
million dollar bonuses (AIG, etc.), so-called fixes/plans, etc., so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! What the Pros Say: US Is Now
‘Bankrupt’ US is Already Bankrupt: Analyst U.S. Budget Office offers darker economic and deficit
outlook The Geithner-Summers-Bernanke Plan
to Prop Up Asset Prices Has Failed U.N. panel says world should ditch
dollar
Fierman: How quickly things change…..
Some stats from today’s rally:
S&P: +54 (7.1%) to 823
Dow: +497 (+6.8%) to 7776
NYSE Up Volume: 1,866,836,012
NYSE Down Volume: 44,683,760
NYSE Total Volume: 1,914,836,622
It was just 2 weeks ago (March 9th) that the S&P closed at 12-year lows and
the stock market felt like it was forecasting the end of the world. We’ve now
rallied 22% in 2 weeks! But if we look at the catalysts for this rally, they
really don’t seem to justify such an explosive move. Citi said they were profitable in
the first two months of the year and JP Morgan (JPM ) and Bank of America (BAC ) said they were too. The Fed initiated some serious quantitative easing.
And now Geithner’s toxic asset plan this morning. I agree with the Capital
Spectator when he wrote this morning :
We’re skeptical largely because the rally this month
has drawn power primarily from a new round of hope that Washington’s various
experiments to right the economy will finally hit pay dirt. Perhaps, but it’s
not the stuff that powers sustainable rallies, much less secular bull markets.
I’M A SELLER OF THIS RALLY AT THIS POINT…..
PREVIOUS (3-20-09), Modest losses relative to reality and their
printing those worthless Weimar dollars like mad, don’t know what they’re
doing, are clueless, and disingenuously seek to divert attention from the
missing/stolen/bilked $14 trillion of taxpayer money with the subterfuge of
outrage over the relatively miniscule though not unimportant million dollar
bonuses (AIG, etc.) so SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! What the Pros Say: US Is Now
‘Bankrupt’ US is Already Bankrupt: Analyst U.S. Budget Office offers darker economic and deficit
outlook The Geithner-Summers-Bernanke Plan
to Prop Up Asset Prices Has Failed U.N. panel says world should ditch
dollar
PREVIOUS (3-19-09), ‘…Economic
news remains uninspiring. Weekly initial claims dipped 12,000 to 646,000, which
was better than the consensus estimate of 655,000. Continuing claims hit
another record high, though, jumping to 5.47 million from 5.29 million. Leading
indicators for February showed a 0.4% decline, which wasn't as bad as the 0.6%
decline that was expected… Energy stocks (+1.4%) and materials stocks (+1.4%)
were helped by stronger commodity prices. The CRB Commodity Index climbed more
than 5% in this year's largest single-session advance by percent. Crude oil
futures prices gained 6.5% to close pit trading at $51.25 per barrel, while
gold prices advanced 7.8% to close at $958.50 per ounce. Underpinning the
strength in commodity prices was a considerably weaker U.S. dollar. According
to the Dollar Index, the greenback sank 1.7% this session, and more than 4%
during the last two sessions. The dollar's weakness follows the Fed's latest
policy directive…’
US is Already Bankrupt: Analyst The Geithner-Summers-Bernanke Plan
to Prop Up Asset Prices Has Failed U.N. panel says world should ditch
dollar Corporate Media Disses Gold Citigroup May Spend $10 Million
for Executive Suite It’s Not Just AIG: Fannie Plans
Exec Bonuses Gold Re-Couples with Euro, “Dollar
Getting Destroyed” House passes tax to recoup most of AIG bonuses ($200
million); what about the $14 trillion in fraudulent bailouts and the missing $4
trillion at the New York fed… s Bank of America involved in Merrill Q4
writedowns: report Put/Call Ratio Indicates Overbought
Market Condition SUPER PUMP: $1 TRILLION
CREATED OUT OF THIN AIR... Oil Nears $52;
Hits high for 2009...
PREVIOUS (3-18-09), absolute
desperation by the fed as fed in panic mode buys bonds with even more fake
money (ultimately you pay). Shot in the dark, they unequivocally do not know
what they’re doing; don’t have even the slightest clue. Some well deserved
guilt as greenspan, bernanke, paulson, geithner, etc., are authors of this
debacle with compliant politics as usual facilitating same (wall street/hedge
fund gamblers shouldn’t be bailed out, etc.), but the divergence of so-called
opinion from stagflation to applauding same in light of fraudulent stock market
up-tick (isn’t that how we got here, to this financial/economic disaster).
Depression Unrest Turmoil
Instability Riots all coming and SOON As depression deepens, more americans
go fishing (Reuters) It’s Not Just AIG: Fannie Plans
Exec Bonuses Stimulus plan: Spend now, details
later (promise)
Dollar Plunges After Fed
Announcement Senate quietly stripped measure
restricting bonuses from bailout legislation Hedge funds could reap billions
from AIG which should not reward soured bets/gambles with taxpayer
funds as now slated.
Citi, Morgan
Stanley Looking to Issue More Diluting Shares for Bonus Payments (at Seeking
Alpha)
Editorials: Rewards instead of punishments
PREVIOUS (3-17-09), all private forecasts of
the very forecastable housing starts defied the false report of the corrupt,
scandal-scarred commerce department (remember the fake reports that spurred
recent ralleys which ultimately burned the buyers) spurred suckers’ bear market
ralley so great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN
SINCE MUCH, MUCH WORSE TO COME!
Dent,
Napier, and Prechter - Wise to Heed Their Predictions Is Mistrust in Wall Street Pointing to New Lows? RECORD: NATIONAL DEBT HITS $11 TRILLION... The Size of Derivatives Bubble =
$190K Per Person on Planet Washington knew AIG was preparing to pay
bonuses (AP) U.S. to claw back AIG bonuses,
lawmakers eye tax House committee scrutinizes Merrill
bonuses Bad year or good, fraud or just preparing
for fraud with wall street, AIG employees got big bonuses (AP)
Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money World Bank cuts China GDP estimate
again, to 6.5% Obama Confronts “Populist Anger”
Over Bankster Giveaways IMF poised to print billions of
dollars Jim Rogers Expects Civil Unrest in
the US and all around the World
PREVIOUS 3-16-09, Very modest losses relative to reality so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! ‘…February industrial production declined 1.4%, which is
essentially in-line with the consensus 1.3% decline. Capacity utilization
dipped to 70.9% from 71.9%, as generally expected. The February report
continues to reflect a weak demand environment that will ultimately drag on
GDP...’ ’… The
nation's industrial output fell for the fourth straight month in February, with
factories operating at their lowest level in six decades of record keeping.
Analysts forecast more production cuts to come as companies are battered by
recessions at home and abroad. The Federal Reserve reported Monday that
industrial output dropped by 1.4 percent last month, slightly larger than the
1.2 percent decline economists had expected. The weakness included a 0.7
percent fall in manufacturing output, which pushed the operating rate at the
nation's factories down to 67.4 percent of capacity last month, the lowest
level on records that go back to 1948…’
Treasury to rework AIG aid to recoup
bonuses
AIG massive payments to banks stoke
bailout rage Hearst prints final Seattle PI
Hearst hopes Web-only Seattle P-I will
turn profit AIG Bonuses Add to Reality of
Public Revolt against Wall Street, Federal Reserve Bracing for a Bailout Backlash Dollar Crisis In The Making Think recession’s bad? Try a
cataclysm! Insurance giant AIG to pay $165 million in
bonuses (AP) AP - American International Group is giving its
executives tens of millions of dollars in new bonuses even though it received a
taxpayer bailout of more than $170 billion dollars.
AIG plans to disclose CDS counterparties:
source Chrysler faces July cash crunch even
with more aid Accounting Rule Changes Creating False Rally in
Financials (at Seeking Alpha) Cash-hungry U.S. states turn to Web to auction
goods Bernanke: recession could end in '09
and if his grandmother had wheels she could be a trolley car and as he
previously said we could avoid recession though we were already in one which is
now a depression with worse yet to come and most assuredly will not end in 2009
except in the b.s. talking points in their dreams (AP)
Millions in AIG bonuses draw chorus of outrage (AP)
AIG payments to banks stoke bailout rage
White House says economy is sound
despite 'mess’ or stated another way, a sound mess…..riiiiight!'
AIG Bonuses Add to Reality of
Public Revolt against Wall Street, Federal Reserve Mike Adams | People will be marching in the
streets, demanding the arrest of all the rich executives and corrupt
bureaucrats who took part in this massive financial theft.
PREVIOUS 3-13-09, Suckers’ bear market rally ( Citigroup Inspired Bear Market
Suckers’ Rally ) to keep the suckers suckered and commission
dollars flowing to the frauds on wall street Regulator: Before Banks Collapsed,
They Pleaded With Feds To Let Them Fudge Their Books Ryan Grim | Before financial institutions collapsed, they went
to the Financial Accounting Standards Board, pleading for a change in
mark-to-market accounting rules so that they can continue to appear to be
solvent on their balance sheets and hence, continue to defraud the public as
they are now once again trying to do. Unemployment in 7 States Has
Exceeded 20% in February China Debates If It Should Continue to
Foolish Buy Evermore Worthless U.S. Treasuries America faces new Depression misery
as financial crisis worsens Tent Cities, Unemployment,
Homelessness Growing Dmitry Orlov: “America will
collapse” Warren Buffett's
BERKSHIRE HATHAWAY stripped of its 'AAA' credit rating... THE INFLUENCE/BRIBE/PROTECTION RACKET: New record for
number of PACs
PREVIOUS (3-12-09), the waning
full moon still compounding the frivolity of the criminally insane;
particularly the lunatic frauds on wall street, and truth be told, the lunatics
who follow in lock-step behind them. Suckers’ bear market
rally ( Citigroup Inspired Bear Market
Suckers’ Rally ) to keep the suckers suckered and commission
dollars flowing to the frauds on wall street so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! There are no bulls or bears on
fraudulent wall street, just ostriches. One senile land of fruits and nuts
analyst/ broker / master planner of the lost angeles failed paradigm quips with
glee: it’s impressive to see the market ignore so much bad news and
rally…riiiiight! Ron Paul, A Rare Voice of Reason on
Capital Hill: Culprits Of Financial Collapse Should Be Arrested, Prosecuted,
and Disgorgement Of Fraudulent Gains Would Inure to the Benefit of the
Technically/Defacto Insolvent/Bankrupt u.s. Treasury in the Multi-Trillions as
Recovered ( Their
greed and fraud has further bankrupted this country and damaged other nations
and recoupment of their fraudulent gains must be required as the law already
provides since taxpayers are bearing the brunt of government inaction. What
they did is not ok. They must pay. This is not difficult to grasp and must be
done or there is no hope prospectively for america since all will know of this
government fostered/complicit fraud ). ‘…Better-than-expected (but typically fake as per scandal
scarred commerce department) retail sales data suggested consumers haven't
completely rolled over. February retail sales declined just 0.1%, which is
better than the 0.5% decline that was expected. Excluding autos, retail sales
increased 0.7%. A decline of 0.1% was expected. Meanwhile, January total sales
and sales less autos were revised to show an even larger increase. The upbeat
retail sales data comes in the face of ongoing consumer headwinds, such as
mounting job losses. Weekly initial claims climbed 9,000 to 654,000, which was
worse than expected. Continuing claims jumped nearly 200,000 to 5.32 million,
which was also worse than expected (new record). In other economic news,
February business inventories declined 1.1%, which is essentially in-line with
the consensus estimate...’
’…This week's rally
got an extra dose of adrenaline after an accounting board told Congress
Thursday it may recommend (more fraud as we’re currently experiencing by way of
) a let-up in financial reporting rules for troubled banks in three weeks… Fed
reports record fall in household net worth WASHINGTON (AP) -- The net worth of
American households fell by the largest amount in more than a half-century of
record keeping during the fourth quarter of last year…The Federal Reserve said
Thursday that household net worth dropped by a record 9 percent from the level
in the third quarter. The decline was the sixth straight quarterly drop in net
worth and underscored the battering that U.S. families are undergoing in the
midst of a steep recession with unemployment surging and the value of their
homes and investments plunging. Net worth represents total assets such as homes
and checking accounts minus liabilities like mortgages and credit card debt.
Jobless claims rise as retail sales slip WASHINGTON (AP) -- With layoffs
spreading, the number of initial claims for jobless benefits rose last week,
while the total number of people continuing to receive benefits set a record
high, the government said Thursday. The Labor Department reported that
first-time requests for unemployment insurance rose to 654,000 from the
previous week's upwardly revised figure of 645,000, above analysts'
expectations. The number of people receiving benefits for more than a week
increased by 193,000 to 5.3 million, the most on records dating back to 1967.
That's the sixth time in the past seven weeks that the jobless claims rolls
have set a record high…’
Ron Paul, A Rare Voice of Reason on
Capital Hill: Culprits Of Financial Collapse Should Be Arrested, Prosecuted,
and Forced Disgorgement Of Fraudulent Gains Would Inure to the Benefit of the
Technically/Defacto Insolvent/Bankrupt u.s. Treasury in the Multi-Trillions as
Recovered - Compared to them, madoff was a mere piker Citigroup Inspired Bear Market
Suckers’ Rally Unemployment in 7 States May Have
Exceeded 20% in February 45 percent of world’s wealth destroyed: Blackstone CEO Madoff jailed after pleading guilty to $50-65 billion
fraud and telling court: ‘I am deeply sorry and ashamed of my crimes’ Newmont CEO
sees gold in range of $1,200 House
prices to drop another 55% and leave Britain bankrupt Madoff sent to jail as furious victims applaud (AP)
Madoff pleads guilty, is jailed for $65 billion fraud
Don't Sweat Hypernflation Just Yet: Deflation/Depression
"In the Cards" for 2009 and Beyond, Shilling Says More
on Roubini and Shiller's Dour Outlook Pelosi dodges chance to end automatic pay
raises Ron Paul: Culprits Of Financial
Collapse Should Be Arrested SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS (3-11-09), Analyst
chatter: Not through the worst of it, the worst (of depression) still ahead,
investing in this market is like trying to catch a falling knife. Foreclosures
up and spreading as unemployment also rises and will continue to rise. Freddy
lost another $50 billion and wants another $31 billion, while Fanny lost
another $60 billion and wants another $15 billion. Hillary Kramer says trading
only, in-and-out, so if you can’t, don’t jump into market to try and catch the
falling knife. Dividend cuts for 2009 have already surpassed that for all of
2008 at $46.8 billion.
53% of Americans (and Senator
Specter) Think the U.S. Depression is Like the 1930’s This is a Depression! For Markets,
What they call it does Not Matter Billionaire
Stanford to take the 5th in fraud case (AP) Madoff mysteries remain as he nears guilty plea
Merrill misled Congress on bonuses o
Freddie Mac seeks $30.8B in US aid after 4Q loss
Earnings
Growth Estimates: The Bad, the Bad and the Ugly Japan's economy shrinks an annualized 12.1% in the fourth
quarter Dell Cuts Staff Worldwide
Last year REITs
lost 38% - that's a bit worse than the S&P 500 Credit card delinquencies hit index record Thousands Line Up at Indiana Mall
for Food Handouts
The Fed Has Destroyed Your
Retirement SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN
SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS
(3-10-09), yes, indeed, a rally with power of a speeding locomotive
based on….. b.s. talk point with early release of CITI showing a profit
[not counting more writedowns, bad/worthless assets(loans)/securities,
expenses, etc.] of $8 billion with receipt of $45 billion (plus
loans/guarantees/investments in excess of $100 billion) taxpayer bailout …
WOW!…at this rate the treasury will deplete even faster than originally
projected. But the math is so simple that elementary school kids with a handle
on third grade arithmetic can accomplish the same and hence, can and should
replace top management at a much lower price and without delay. ‘…bernanke says regulatory overhaul
needed…WASHINGTON (AP) -- The nation's financial rule book must be rewritten to
prevent a repeat of the global economic crisis now gripping the United States
and other countries, Federal Reserve Chairman Ben Bernanke said
Tuesday…Bernanke offered new details on how to bolster mutual funds and a
program that insures bank deposits. He also stressed the need for regulators to
make sure financial companies have a sufficient capital cushion against
potential losses…The Fed chief's remarks come as the Obama administration and
Congress are crafting their overhaul strategies. For the administration,
critical work will be carried out among global finance officials this weekend
in London ahead of next month's meeting of leaders from the world's 20 major
economic powers…Madoff's lawyer says client will plead guilty …NEW YORK (AP) --
In a courtroom surprise, it was revealed Tuesday that Bernard Madoff will plead
guilty Thursday to securities fraud, perjury and other crimes, knowing that he
could face up to 150 years in prison for one of the largest frauds in history…’ ‘…All three major indices registered fresh multiyear closing
lows in the prior session, but came rallying back this session to log their
best single-session performance by percent in months. The rebound came after
Citigroup issued an encouraging update and reports indicated the uptick rule
may be reinstated… Rep. Frank stated mark-to-market accounting rules must be
improved, but Senator Shelby says any mark-to-market accounting changes should
be made by the SEC. The SEC stated it will not seek to suspend such rules
(since such would make valuations a fraud)... The stock market's advance was
further helped by short-covering. Still, trading volume on the NYSE climbed
above 2 billion shares…’
Cost to buy protection against U.S. government
default surges
Good News! Economist Sees GDP Down 7% in
Q1 and 9.25% Unemployment in 2010 Madoff faces life in prison on 11
criminal charges Citi's fake profit view, uptick talk
drive big rally Roubini: Depression Could Last beyond 36 Months; Dow at
5000...
United Tech to cut 11,600 jobs
Why Commodities Prices May Rise,
Even In Deflation IMF warns of Great Depression, All
Nations at risk Oil at $50 Looms as OPEC Plans
Cut, Keeps to Quota 53% Say It’s Likely the U.S. Will
Enter a Depression Similar to 1930’s even though we’re already in one worse
than the 1930’s
Washington plans for big bank
failure SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME!
PREVIOUS (3-9-09), …‘Despite a rebound by
financial stocks and a batch of merger news, the stock market was unable to put
together a sustainable advance. Stocks finished with a broad-based loss, a bit
above session lows. Uncertainty in foreign indices fueled early losses in the
headline indices. Financials were the focal point of the weakness, falling to a
loss of 2.2%. The drop was short-lived, though. Financials rallied to a gain of
5.3%, but finished with a gain of 2.5%’… …’ Wall Street fell more
than 1 percent Monday as uneasiness about the economy eclipsed a bounce in
troubled financial stocks and news of a big drug company merger. Stocks rose in
the early going but turned lower in a now familiar pattern where short-lived
bursts of optimism give way to concerns about the country's economic woes’ (in
the real world they call that mental illness, lunacy –note the full moon, manic
depression/bipolar disorder, etc., or just plain fraudulent wall street )’
World Bank offers dire forecast
for world economy Depression Dynamic Ensues as
Markets Revisit 1930s Global Financial Assets Lost $50
Trillion Last Year
SEC says money manager invented big
accounts
Who got AIG's bailout billions?
‘The collapse of America is
unavoidable’ Regulators
seize seventh bank in Georgia... Kerry:
'Animal House' Party Days Are Over for u.s. government...
Bank stocks rally despite their
insolvency (AP) Too big to fail? 5 biggest banks
are 'dead men walking' (McClatchy Newspapers) [video] Next Dead Dividend (at
TheStreet.com)
Oil at $50 Looms as OPEC Plans
Cut, Keeps to Quota Too Big Has Failed: KC Fed Prez Says We
Need Temporary Nationalization (at Seeking Alpha)
World Bank says global economy will
shrink in 2009 (AP) Recession on track to be longest in
postwar period (AP) Cash In A Mattress? No, Gold In
The Closet Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money
PREVIOUS (3-6-09), fudged
in a manner most favorable to the frauds (we past these unemployment
percentages quite some time ago and they were much worse then and still worse
now, etc.), the news remains bleak and reality says even bleaker. Any economist who in discussing this depression mindlessly
compares this Greatest Depression to any other contraction without pointing out
crucial negative distinguishing characteristics; viz., insurmountable debt,
increasingly worthless (Weimar) currency, irrevocable and unrelenting
trade/budget deficits, global antipathy (stemming from illegal wars, war
crimes, massive securities fraud, etc.), lack of significant manufacturing
base, pervasive corruption/theft /plundering/incompetence, etc., cannot be
considered a serious economist (just a joker who probably missed the call on
recession/depression, etc.). …’ Huge
layoffs push joblessness toward double digits WASHINGTON (AP) -- Tolling grimly
higher, the recession snatched more than 650,000 Americans' jobs for a record
third straight month in February as unemployment climbed to a quarter-century
peak of 8.1 percent and surged toward even more wrenching double digits.The
human carnage from the recession, well into its second year, now stands at 4.4
million lost jobs. Some 12.5 million people are searching for work -- more than
the population of the entire state of Pennsylvania. No one seems immune: The
jobless rate for college graduates has hit its highest point on record, just
like the rate for people lacking high school diplomas… GM shares reach 75-year
low amid bankruptcy talk …’ The
broader market turned in a modest gain, thanks to a late rally effort that overcame
steep losses. Initial gains were broad-based as participants began buying in
the wake of the February jobs report, which indicated nonfarm payrolls fell
651,000, in-line with expectations, and unemployment climbed more than expected
to a 25-year high of 8.1%. Stocks were up as much as 2.4% in what resembled
past trends that saw stocks sell off leading up to the monthly jobs report, but
then rally in its wake as traders "bought the bad news."
Madoff expected to plead guilty to
fraud charges
How to Spot a Ponzi Con Artist? Follow
the Yachts (Time.com) U.S. jobless rate hits 25-year high
Goldman, others get AIG payouts: report
US Bancorp CEO got pay package valued at $6.8M (AP)
Huge layoffs push joblessness toward double digits
AP source: Madoff guilty plea expected
next week Stocks facing uphill battle; budget,
retail sales loom $11 Trillion Wipeout: Wall Street's
Year-and-a-Half of Dangerous Living Economy in 'Free-Fall': Unemployment Rate
Surges to 8.1%, Highest in 25 Years GM shares reach 75-year low amid
bankruptcy talk (AP) Fox Admits To Planting Political
Brainwashing In Popular TV Shows Pelosi Backs Senate Facist
Amendment to Censor Talk Radio Senate to Give FDIC up to $500
Billion Senator Bernie Sanders Slams Fed
Boss Ben Bernanke
Bailout Money - Instead of Being
Used to Stabilize the Economy or Even the Bailed-Out Companies - is Just Going
to Line the Pockets of the Wealthy Taxpayers Furious With Budget Cuts
Take Frustration To Streets Of NYC AIG “Was Going to Bring Down
Europe”: Lawmaker
PREVIOUS (3-5-09), Analyst/Economist Chatter: funny money
(they’re printing worthless Weimar dollars like mad) and now they’re thinking
funny assets (suspending reality based mark-to-market in favor of the failed
fraudulent whatever they want so they can foist/spin/defraud which got us to
this debacle); more bank takeovers; GM burning cash, bankruptcy probable;
Merrill bonuses for jobs poorly done (my direct experience with Merril Lynch
brokers was their total incompetence); higher taxes, higher inflation, $3
trillion new u.s. debt, dollar devaluation; more bank takeovers and far worse
unemployment.
“ Few economists
expect a turnaround in the battered labor market anytime soon with companies
laying off thousands of workers weekly…Still, initial requests for unemployment
benefits fell to 639,000 from the previous week's figure of 670,000, the Labor
Department (fake number) said Thursday. Analysts expected a smaller drop to
650,000…Retailers report sales declines in February…GM concedes in the report
filed Thursday that it's on the edge of bankruptcy and won't be able to avoid
it unless it gets more government money and successfully executes a huge
restructuring plan…Mortgage woes break records again in 4Q. NEW YORK (AP) -- A
stunning 48 percent of the nation's homeowners who have a subprime,
adjustable-rate mortgage are behind on their payments or in foreclosure, and
the rate for homeowners with all mortgage types hit a new record, new data
Thursday showed…” “The
stock market logged new multiyear lows during the session, and closed at its
worst level since the fourth quarter of 1996. Roughly 95% of the companies in
the S&P 500 finished with a loss...Though losses were broad-based,
financials were dealt the worst blow. The sector fell 9.9% with particular
weakness among diversified banks (-16.5%) and other diversified financial
services companies (-13.2%). Moody's announced it is reviewing the credit
ratings of Bank of America (BAC 3.17, -0.42) and Wells Fargo (WFC 8.12, -1.54) for possible downgrade.
Moody's lowered its outlook for JPMorgan Chase (JPM 16.60, -2.70) to negative from
stable. Sellers pushed both WFC and JPM shares to new multiyear lows…Fourth
quarter nonfarm productivity declined 0.4%, though it was expected to increase
1.2% after the prior reading showed a 3.2% increase. The lower reading was a
result of lower economic output in the fourth quarter. Meanwhile, fourth
quarter unit labor costs increased 5.7%. Economists expected a 3.8% increase.
Factory orders for January fell 1.9% (fake number), which is a less severe drop
than the 3.5% decline that was widely expected. The drop in factory orders
reflects the retrenchment by businesses in the wake of softer spending…” Now As The Much Greater Depression
Progresses Dow and S&P hit
12-year lows Bernanke Arrogantly Refuses To
Disclose Which Banks Took Money Treasury secretary's choice for deputy
withdraws (only little people pay taxes so take this job and shove it says tiny
tim deputy designate) (AP) 22
Georgia legislators fail to pay income taxes... GM auditors raise doubt on viability One in 8 U.S. homeowners late paying or
in foreclosure
Citigroup stock falls below $1 a share
(AP) $$] SVG Swings to a Loss on Markdowns
Hits (at The Wall Street Journal Online)
Why the Fed's TALF Is Bad for America Mortgage woes break records again in 4Q
(AP) Stocks Fall Below 7,000 Again Fed Refuses to Release Bank Data,
Insists on Secrecy
PREVIOUS
(3-4-09), all news decisively worse than expected, fed beige book
outlook grim, economist outlook for recovery bleak. Celente: U.S. Has Entered “The
Greatest Depression” The spin: china bailout (the
frauds on wall street spinning/foolishly banking on china buying more worthless
u.s. paper – their domestic needs are substantial and they’re increasing
military spending by 15% as well) and high oil price suckers’ bear
market/short-covering rally to again keep suckers sucked in for their
commissions sake. The great red hope! How preposterous! Who would have thunk
it! ‘…strong gains overseas provided an excuse
for buyers to enter the fold and short-sellers to cover their positions.
Foreign indices upended their own losing streak after China announced it will
add approximately $586 billion to the fiscal spending plan it announced late
last year… According to the Fed's Beige Book, the Fed does not expect a
significant economic recovery until late 2009 or early 2010 at best (remember,
they also said no recession and now we’re in a depression). Meanwhile, the ISM
Services Index for February dipped to 41.6% from 42.9%, indicating continued
contraction for the services sector. The consensus estimate was pegged at
41.0%. Investors and economists got a glimpse of what may be lurking in the
government's February nonfarm payroll report, which is due at the end of the
week. According to the latest ADP Employment Report, 697,000 jobs were lost in
February. The consensus estimate called for 630,000 job losses…’ ‘…fed survey: economy deteriorated in Jan., Feb. . After a
dismal start to 2009, business people see more pain ahead, expecting no
improvement in economic conditions till late this year at the earliest. Their pessimism
was evident in the Federal Reserve's latest snapshot of business activity
nationwide. It showed sharp cutbacks affecting both blue-collar jobs that once
churned out construction equipment and white-collar professionals like business
consultants and accountants. From factories in Cleveland to high-tech firms in
Texas and California, the Fed's beige book reported widespread production
declines. Services sector shrank in Feb., 5th straight month…’ U.S. private sector cuts 697,000 jobs
in February FDIC’s Bair Says Insurance Fund
Could Be Insolvent This Year The Never-Ending Bailout They Done Us Wrong: Spending Our
Way Into Greater Depression Credit concerns pound GE shares in
volatile trade China hopes, oil's jump, both
negatives, end Wall St 5-day rout Warren Buffett's 'Fundamental Weakness' ETFs Suffer Outflows In February Celente: U.S. Has Entered “The
Greatest Depression” The D-word: The depression has become something worse
(AP) Obama Must Fire Geithner and
Summers Gold Industry Officials Warn Of
Depression Jim Rogers: Bailouts are
destroying the US Economy Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money
PREVIOUS
(3-3-09) , modest losses relative to reality as bad and worse than
expected news just keeps on coming along with suckers bear
market/short-covering rallies as here into the close to keep the suckers
suckered. Defaults/delinquencies up, home/car sales down… Celente: U.S. Has Entered “The
Greatest Depression” … Helicopter
ben ‘bernanke indicated the near-term outlook for the economy remains weak.
Economists at Goldman Sachs concur; they expect the U.S. economy will fall 7.0%
in the first quarter, according to Dow Jones. Despite housing stimulus
provisions, pending home sales in January declined 7.7%. The consensus estimate
called for a 3.5% decline. The data reflect the effects of ongoing job losses,
lost wealth, and weak consumer confidence. Similar forces continue
weighing heavily on auto sales. Ford Motor (F 1.81, -0.07) reported February sales in
North America fell roughly 48%, which is steeper than the 42% drop that was
expected. General Motors (GM 1.99, -0.02) reported February sales sank nearly 53%,
exceeding the 45% fall that was widely forecast. Separate reports indicated
GM's chief operating officer said that without government funds the company's
European unit would run out of cash in the second quarter. Chrysler down 44%’…
ART HOGAN SAY’S ”IT’S A TOUGH ONE”…
THAT’S A TRUE STATEMENT!
Celente: U.S. Has Entered “The
Greatest Depression” The D-word: The depression has become something worse
(AP)
Obama Must Fire Geithner and
Summers Gold Industry Officials Warn Of
Depression Jim Rogers: Bailouts are
destroying the US Economy Gold has longest losing streak
since October U.S. auto sales fall as depression
deepens
Blockbuster seeks debt overhaul, shares
halted MGM Mirage casino co. says it may default on debt
(AP) A Banana Republic By 2012? Change for
the Worse Obama Calls Bush On Troop
Withdrawal Plan
Geithner Says U.S. Financial Rescue
‘Might Cost More’ (maybe he can locate the $4 trillion
missing at the fed and use that) Pension (substantial funding
shortfalls) bombs going off Pennsylvania Rep. Rohrer Introduces
Tenth Amendment Resolution Previous
(3-2-09), analyst chatter: one analyst said investors just can’t take (the wall
street fraud/bull sh_) it anymore and sees 5,000 on the DOW (too optimistic);
another says worst levels not yet seen, but markets functioning…riiiiight…,
more bad economic news, dividend cuts; another says the so-called plan
changinging everyday, not stimulus but at best stabilization (doomed to fail),
unrealistic expectations (that’s realistic), talks funny assets/accounting
(that’s what helped get us here-the fraud), a world of hurt, hope for
short-covering rallies…sounds like a plan…riiiiight; another who called the
crash says worst bear market in history, if priced in gold market has fallen
80% and more decline to come, says stimulus/stabilization good money after bad
and recipients with worst management (fraud, etc.) should rather be allowed to
fail, treasury bond/dollar bubble, u.s. stocks still overvalued so sell,
precious (money) metals and overseas markets better; and finally, mainstream
analyst says gold/bonds but no stocks. Dow industrials fall below 7,000;
lowest since ‘97 Buffett says economy in shambles
losses on
derivatives contracts tied to the stock market . Banks and economy to keep bears' grip on stocks
Berkshire reports a 96 percent drop in
4Q profit Chart of the Week: GDP Worse than Expected
(at Seeking Alpha) Time to Bury the Markets NYSE Suspends $1 Stock Price Minimum Economics of this Depression [$$] BofA Executive Got Housing Perks
(at The Wall Street Journal Online) Madoff seeks to keep NYC penthouse, $62M
in assets – Typical kike/jews Dow finishes below 7,000 for first time
since '97 (AP) The D-word: The depression has become something worse
(AP) [$$] At Merrill, Thinning Herd of
Carrion (at The Wall Street Journal Online)
AIG Will
Receive More Aid, Bigger Loss... NYSE Euronext chief gets 2008 pay
valued at $9.2M (AP) Asian stock markets tumble on worsening
US slump
Sources: AIG to get up to $30B more in
Fed aid
Moody's lowers ratings on Citi's Japan operations (at
MarketWatch) Oil falls below $44 on bleak US GDP, AIG news
States' budget woes will outlast the depression
israeli media denounced for insulting the Prophet
Israeli minister calls for assassination of top arab leader
justifying action to eliminate/exterminate nazionist israel/israelis for the
sake of world peace and justice as … 8 more civilians die in US drone raid Buffett Says Economy Will Be
'Shambles' in 2009, Likely 'Well Beyond'... BERKSHIRE has
worst year... Iran says USA
planning 'long-term stay' in Iraq... Kudlow: Obama
Declares War on Investors, Entrepreneurs, Businesses, And More... Bankers: Stop
trashing us...
Wall Street slides after
CITI-government deal... Sets Single-Day
Trading Volume... STRUGGLING STATES LOOK TO UNORTHODOX TAXES...
Iran says USA
planning 'long-term stay' in Iraq... Warren Buffett Speaks: His Worst Year Ever – If you
listened to him recently (I warned you not to) you’re down another 20-30% since
his government shill/propaganda talk (did he really give away his fortune –
maybe he just decided to lose it and bring everyone with him – senile, I say
yes) r A Banana Republic By 2012? Change
for the Worse Previous (2-27-09), modest losses relative
to reality including news much worse than expected: ‘The economy contracted at a staggering
6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as
consumers and businesses ratcheted back spending, plunging the country deeper
into depression. The report released Friday showed the economy sinking much
faster than the 3.8 percent annualized drop for the October-December quarter
first estimated last month which rallied stocks significantly to keep suckers
suckered and commission dollars flowing. It also was considerably weaker than
the 5.4 percent annualized decline economists expected’. ‘ Economic data remains gloomy. Fourth
quarter GDP was revised lower to reflect an annual rate of -6.2% versus a
previously estimated -3.8%. The decrease in fourth quarter activity primarily
reflected negative contributions from exports, personal consumption
expenditures, equipment and software, and residential fixed investment’. US economy suffers sharp nosedive Economy moving in reverse faster than predicted
Moody’s predicts default rate will
exceed peaks hit in Great Depression Shares tumble across globe as
figures reveal U.S. economy shrank 6% in last quarter - the fastest rate in 25
years Regulators close banks in Illinois,
Nevada FDIC Approves ‘Emergency’ Fee on
Banks to Bolster Reserves Banks and economy to keep bears' grip
on stocks FDIC raising fees on banks, adds
emergency fee (AP) AIG talks weigh securitizing life
policies…..riiiiight!…: source BofA carries loans $44 billion above
market value Citi, U.S. Reach Accord on a Third
Bailout (at The Wall Street Journal Online)
Tax hikes are coming -- but you already
knew that Investors await Buffett letter as Berkshire
hits 5-1/2 year lows Five reasons buying a home in 2009 is a
bad idea Three Top Economists Agree 2009 Worst
Financial Crisis/Depression Since Great Depression; Risks Increase if Right
Steps are Not Taken (Business Wire) WORST MONTH SINCE 1933 Paulson Was Behind Bailout Martial Law Threat Urban
Warfare Drills Linked To Coming Economic Rage CIA Adds Economy To Threat Updates Fed Hides Destination Of $2 Trillion In Bailout Money
We Watch Now As Funds Get
Vaporized Bob Chapman | Business will go on as usual in Washington and on Wall Street — as
corrupt as ever. Moody’s predicts default rate will
exceed peaks hit in Great Depression A bigger proportion of
non-investment grade companies will go bust in the US and overseas in the
coming years than during the Great Depression, according to Moody’s, one of the
world’s foremost experts on credit. US economy suffers sharp nosedive BBC | The US economy shrank by 6.2% in the last three
months of 2008, official figures have shown, a far sharper fall than had
previously been reported. FDIC Approves ‘Emergency’ Fee on
Banks to Bolster Reserves Bloomberg | The Federal Deposit Insurance Corp. will charge
U.S. banks a one-time assessment and increase other fees to replenish its
insurance fund, adding $27 billion in costs to an industry already hobbled by
the financial crisis. Citigroup Shares Down 36% | The
Treasury, which has provided a total of $45 billion to Citigroup, left the door
open for the bank to seek additional government funding. Previous (2-26-09), Banks lost $26.2
billion last quarter, GM lost $10 billion past month, FDIC problem bank list
grows to 252, u.s. broke but $3.5 trillion spending plan and $1.75 trillion
budget deficit, etc., ‘FDIC
reported that at the end of the fourth quarter its list of troubled
institutions grew to 252 from 171 at the end of the third quarter. The latest
data indicated January durable goods orders fell a more-than-expected 5.2%.
Excluding transportation, durable goods fell 2.5%, which was also steeper than
expected. January new home sales fell more than expected to an annualized rate
of 309,000 units, which is a record low. Jobless claims continue to rise beyond
expectations. Initial claims climbed 36,000 to 667,000 from the prior week.
Continuing claims came in just below 5.03 million, up from nearly 5.00 million
in the prior reading’. Americans receiving unemployment top 5 million Fannie Mae seeks $15.2B in US aid after
4Q loss $1.75T Deficit, Higher Taxes,
"Bogus" Stimulus
Obama’s Stimulus Bill is a Banker
Contrived Debt Scam Obama’s War Machine Needs $800
Billion For 2009
A $1.75 TRILLION DEFICIT...
Small Businesses To Suffer From
Obama’s Tax Hike
Obama’s Budget: Almost $1 Trillion
in New Taxes Over Next 10 yrs, Starting 2011 ETF Advisers: Sell Into Market's Rally Paulson Was Behind Bailout Martial Law Threat Urban
Warfare Drills Linked To Coming Economic Rage CIA Adds Economy To Threat Updates Fed Hides Destination Of $2 Trillion In Bailout Money
US banks post first quarterly
loss since 1990...
Record Government Note
Auction; Unprecedented amount of debt... More Fraud on Wall Street New York Times | WG Trading Company and Westridge
Capital misappropriated funds from state and city pension funds, including
Carnegie Mellon University and the University of Pittsburgh. Previous
(2-25-09), suckers’ bear market/short-covering rally based on bull
s**t/jawboning alone and bad news much worse than expected into the close to
finish well off more realistic lows, to keep the suckers suckered so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE
YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
Economic/trends/demographics forecaster/analyst Harry S.
Dent says this Great Depression will bottom out
(with no cognizable uptick till) early 2020’s, unemployment 14%-17%, 50%-60%
decline in real estate values, dollar (and market) crash, etc. (close but no
cigar), is realistic and starkly dismal in light of the convergance of major
bubbles which are deflating. New b.s. talking
point the convertible preferreds (all real analysts know to treat as converted
said securities to account for dilution - and quite possibly nationalization),
and then the so-called ‘stress-tests’ for banks…riiiiight!…read those flat
lines. Money managers accused of $550 million fraud
(Reuters) TARP Said to Be Ripe for Fraud Existing U.S. home sales, prices drop
in January Gannett slashes dividend 90 pct, saving
$325M
ETF Advisers: Sell Into Market's Rally Paulson Was Behind Bailout Martial Law Threat Urban
Warfare Drills Linked To Coming Economic Rage Fed Hides Destination Of $2 Trillion In Bailout Money
U.S. Consumer
Confidence Collapsed to Record Low The Market Is Not Your Friend Bernanke says
depression to linger Housing Prices in 20 U.S. Cities
Fall a Record 18.5% U.S. Economy: Consumer Confidence In Record
Slump Ron Paul Grills Bernanke: “You
Can’t Reinflate The Bubble” Stocks drop as Obama speech and
housing data weigh
Gold investors make 120pc return
in four months Bailout Bank Blows Millions
Partying in L.A.
How Credit Default Swaps Brought
Down the World Economy ‘Black Swan’ Author Sees Trouble
Exceeding 1930s
Majority Of U.S. States Join
Sovereignty Movement, Assert 10th Amendment Rights New World Liberty | With the economy collapsing, it is a
very real and immediate danger that the federal government can turn into a
completely criminal and fascist government. Rahm Emanuel Doesn’t Pay Taxes, So
Why Should You? Kurt Nimmo | Don’t expect Rahm Emanuel, Nancy
Pelosi, Tim Geithner, Evan Bayh, and other minions of the elite to pay their
“fair share.” After all, taxes are for the little people. Previous (2-24-09), suckers’ bear
market/short-covering rally based on bull s**t/jawboning alone and bad news
much worse than expected, to keep the suckers suckered so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE
YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
Helicopter ben, the guy who said no recession even as now we know we were
already in one (actually depression) told by handlers to be upbeat (how ‘bout
just beat, burnt out, etc.) delivers still dire but sugar-coated for
spin/consumption testimony/b.s.. Severe contraction…as in depression;
recession/depression could end by end of year/beginning of 2010 if…and if his
grandmother had wheels, she’d be a trolley car. Ridiculous bull s**t that got everyone
here in the first place. Analyst chatter: talk
about franchise value of banks ruined if nationalized, confidence at all-time
low, end of 2010 before any recovery (if at all), orderly process of
deleveraging, on defense till trends more believable; another-not there yet as
contrarian indicators say otherwise and bearish industry view (newsletters);
another- news bad as expected but confidence reading far worse than expected,
downward momentum accelerated with occasional relief rallies at best; Housing Prices in 20 U.S. Cities
Fall a Record 18.5% U.S. Economy: Consumer Confidence In Record Slump U.S.
consumer confidence collapsed this month and home values plunged in December,
the latest evidence of a deepening economic slump that will last well into 2010
and beyond. Analysts:
New Era Of Chaos Has Taken Hold A wave of economists, investors and
other financial experts issued a series of dire warnings concerning the global
financial crisis over the weekend, stating that a new era of chaos has taken
hold all over the globe. Paulson Was Behind Bailout Martial Law Threat Urban
Warfare Drills Linked To Coming Economic Rage Fed Hides Destination Of $2 Trillion In Bailout Money
U.S. Consumer
Confidence Collapsed to Record Low The Market Is Not Your Friend Bernanke says depression to linger
Get Ready for
Mass Retail Closings Microsoft says no new cost cuts, shares hit 11-year
low Stanford a cog in
the U.S. intelligence dirty money laundering machine How the Economy was Lost Unemployment (already past 9% in reality) Will Pass 9%
This Year: NABE SELL/SELL INTO RALLIES/STRENGTH/
TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Previous (2-23-09), even the frauds on wall street who
should be prosecuted are not buying the rhetoric/b.s. which is very, very,
etc., short on detail, ie., spending money the broke u.s. doesn’t have for
bailouts, while cutting the deficit in half in 4 years, etc.,…..riiiiiight! What
economists / analysts are saying: Zandi - rapidly eroding economy; analyst –
ugly…lots of bull s**t, no specifics/details, not pretty picture, equity
holders of financials wiped out prospectively; Financial Times Editor – markets
at new lows, nationalize or not (defacto they’re already nationalized), AIG
trading at 50 cents has received $80 billion in bailout funds and just records
loss of $60 billion, dire; bank analyst – downward pressure on financials
particularly as dilution taken into account, write-offs, more capital needed,
securitization market down, down, down and more capital necessary for
writedowns; analyst – vicious bear, no faith in government plan, dismal! . One analyst previously
pointed out there has been not one prosecution thus far and the frauds on wall
street should be prosecuted and forced disgorgement.
Analyst Frank Cochrane looks ahead to 4,000 to
6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and
says spending/stimulus programs will not work, a point on which he is correct
and the low end of his ranges closer to reality . Not Just a Few Bad Apples -
Corruption is Systemic in America In case you believe
that there are only “a couple of bad apples” in the United States, here is an
off-the-top-of-his-head (I could give many, many more including my RICO case ) list of corruption by leading pillars
of american society.
Wall Street slides to 12-year low New U.S. stake in Citigroup will not calm
realities/doubts AIG in talks with U.S. government, sees
$60 billion loss: source Pinnacle West shares fall on earnings, outlook (AP)
LaSalle Hotel shares fall on analyst
outlook (AP) Harley-Davidson shares fall on sales
worries / realities (AP) Major stock market indexes fall to 1997 levels and
much further down to go given realities Micron Tech to cut up to 2,000 more jobs
in Idaho Asian shares slump after Dow hits 1997
low (at MarketWatch) The S&P 500's Incredibly Shrinking Market Cap The more they
do, the worse it gets Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money The Great “Global Crisis of
Maturity” and the New World Order World Financial
System In A State Of Insolvency Urban Warfare
Drills Linked To Coming Economic Rage Britain faces summer of rage Get Ready for Mass
Retail Closings Yahoo Finance | About 220,000 stores will close this
year in America. Editorials: Rewriting rules of global finance
GLOBAL
MARKETS-US stocks slide as bear grips harder, oil falls BACK TO 1997... State sends $1
food stamp checks to 250,000... Obama pledges
to slash deficit - after increase... Rosy assumptions...
Philadelphia
newspapers' owner files for bankruptcy... AIG Seeks More US Funds As Record Loss Looms... Advisers readying bankruptcy
financing for automakers... BANK MESS: HSBC
CONSIDERS $20B CASH CALL FROM INVESTORS... Sentiment Overview: Pessimists Increase by 18% Stocks: Horrible Start to 2008, Worse in
2009 Ex-Senate aide charged in Abramoff scandal
THE FAILED INFLUENCE GAME: Stimulus
still aiding K Street Swiss party wants
to punish USA for UBS bank probe... Developing... Japan stocks fall after lender seeks bankruptcy (AP)
Gov't reportedly mulls dilution, more
obfuscation, and more money down the rabbit hole by taking larger stake in Citi
(AP) RBS prepares to unveil global downsizing plan
Richard Russell: Bear Market Remains in Force Summary of Global Investment Returns Yearbook 2009 The New Depression - The Lessons of the
1930s Markets May be Said to be Oversold
(Again), But Decisive Rally Won’t Be Forthcoming as Much Worse and Much More
Selling to Come Philly newspaper owner files for Chapter
11 (AP)
Previous
(2-20-09), stocks tumbled around the world, sending the Standard & Poor’s
500 Index to its biggest weekly drop since November, on concern the deepening
recession will force banks to seek more government aid. Europe’s Dow Jones
Stoxx 600 Index slid to a six-year low, and Japan’s Topix Index declined to the
worst level since 1984. Analysts saying impossible to predict bottom in
this dismal scenario, nationalization concerns, not bottomed yet, new bear
market lows. Art Hogan says greater than 50% is defacto nationalization anyway
and nothing left for shareholders, pricing mechanism for toxic assets
problematic along with negative capitalization ratios, new lows in offing, gold
for capital preservation along with treasuries and money markets. Nader says
depression. There’s no end/bottom in sight . One says
2011-2014 earliest for bottoming at best and that nationalization means
politization. One analyst previously pointed out there has been not one
prosecution thus far and the frauds on wall street should be prosecuted and
forced disgorgement. Analyst Frank Cochrane looks ahead to 4,000 to
6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and
says spending/stimulus programs will not work, a point on which he is correct
and the low end of his ranges closer to reality . Not Just a Few Bad Apples -
Corruption is Systemic in America In
case you believe that there are only “a couple of bad apples” in the United
States, here is an off-the-top-of-his-head (I could give many, many more
including my RICO case ) list of corruption by leading pillars of american
society. SELL/SELL INTO RALLIES/STRENGTH/
TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Major indexes fall more than 6 percent for week The Great Depression has Arrived-
Collapsing American Dreams Defacto if not dejure nationalization
realities hit Citi, BofA Soros sees no bottom for world financial
"collapse" Trustee: Some Madoff stock trades were
fiction Morgan Stanley offers $3 billion broker
bonuses, Wells none (Reuters) Gold Hits $1,000 Ron Paul: Stimulus “Waste of
Money” The Inconveninent Debt Gold Tops $1,000, First Time Since
March as Depression Deepens Stocks Drop Around the World;
Stoxx 600 Falls to 6-Year Low Fed
Hides Destination Of $2 Trillion In Bailout Money “…The United States was
in much better shape, economically, going into the Great Depression than it is now.
Prosperity is not coming back to the U.S. as we know it. We are in a lot
of trouble…” More Economists
Say Crisis Is Worse Than Great Depression Previous
(2-18-09), all news much worse than expected as new home starts plunge 17%
(-56% year over year), fed/bernanke downgrades economic forecast (rallied
stocks when he made same which was bull s**t then as pointed out here)
predicting reality of contraction which he says will be protracted, prolonged
and increased unemployment (9%) though reality is much worse than they’re once
again (falsely) predicting (we’re already significantly past 9% unemployment)
and as one economist points out, in an economic freefall. bernanke’s outlook
realistically dismal which sentiment is shared by analysts/economists who
envision no bottoming until well into 2010 at best because…..this is a DEPRESSION!
Previous (2-19-09), ‘ Initial
jobless claims totaled 627,000, topping the 620,000 claims that were expected.
Initial claims were unchanged week-over-week, while the four-week moving
average moved up to 619,000 from 608,500. Continuing claims reached record
highs of 4.99 million. Economists forecast 4.81 million continuing claims. The
four-week moving average for continuing claims stands at 4.84 million, up from
4.75 million. Jobless claims were a drag on the January index of leading
economic indicators, which increased 0.4%, exceeding the consensus forecast of
a 0.1% increase. An increase in the money supply proved to be the main driver
lifting the index, but the increased money supply contributes to inflationary
concerns. Producer prices, which measure inflation, increased more than
expected in January. The January PPI and core PPI were up 0.8% and 0.4%,
respectively.’ Philly fed manufacturing index at 18 year low. The easiest to forecast leading
economic indicator was fudged to the upside, though still marginal, with
said fake number substantially exceeding all private forecasts (stock prices,
auto, housing, employment, etc., all down sharply in subject month…..hence, I
don’t think so and fake report). Analysts saying stimulus plan not stimulative, specter of bank
nationalization (banks insolvent), loss of pricing power across most all
industries, and then the plethora of very bad economic/financial data with
breakthrough technical bottoms, looking for violent sell-off/capitulation to
provide minimal/short-lived bear market rallies, with some ephemeral
opportunities among defensive stock plays, ie., whole foods (pricing power),
auto parts (refurbishing old cars). One analyst previously pointed out there
has been not one prosecution thus far and the frauds on wall street should be
prosecuted and forced disgorgement. Analyst Frank Cochrane looks ahead to 4,000 to
6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and
says spending/stimulus programs will not work, a point on which he is correct
and the low end of his ranges closer to reality . Not Just a Few Bad Apples -
Corruption is Systemic in America In case you believe
that there are only “a couple of bad apples” in the United States, here is an
off-the-top-of-his-head (I could give many, many more including my RICO case ) list of corruption by leading pillars
of american society.
SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH,
MUCH WORSE TO COME! Jobless Claims Hit Record High;
Inflation Jumps Dow falls to 6-year low as banks slide
Wholesale
inflation takes biggest jump in 6 months Dow Closes at New Bear-Market Low Dow Theorists spot a bear Rising debt will
overwhelm Obama’s effort to rescue the economy Bank debt trades at distressed levels
(at FT.com) 5 million Americans drawing jobless
benefits AP IMPACT: Jobless hit with bank fees
on benefits (AP) FBI tracks down Texas financier in fraud case (AP)
FBI finds Allen Stanford in Virginia
Stanford curried influence in DC:
watchdog group PC makers' shares fall on worsening
demand
BofA and Citi shares fall on defacto or dejure
nationalization near GE shares dip to lowest since 1995 Feb. could be worst month yet for
jobless claims Fitch downgrades Marriott on lodging
softness (AP) Fed downgrades
economic forecast for this year “…The United States was in much better shape, economically, going into
the Great Depression than it is now. Prosperity is not coming back to
the U.S. as we know it. We are in a lot of trouble…” More Economists
Say Crisis Is Worse Than Great Depression Previous
(2-18-09), all news much worse than expected as new home starts plunge 17%
(-56% year over year), fed/bernanke downgrades economic forecast (rallied
stocks when he made same which was bull s**t then as pointed out here)
predicting reality of contraction which he says will be protracted, prolonged
and increased unemployment (9%) though reality is much worse than they’re once
again (falsely) predicting (we’re already significantly past 9% unemployment)
and as one economist points out, in an economic freefall. bernanke’s outlook
realistically dismal which sentiment is shared by analysts/economists who
envision no bottoming until well into 2010 at best because…..this is a
DEPRESSION!
Not Just a Few Bad Apples -
Corruption is Systemic in America Fed downgrades
economic forecast for this year Fed says US economy will get worse in
2009 Bernanke cuts growth view, considers
inflation target Hundreds seek their money as Stanford
fallout spreads HP cuts full year outlook (Reuters) UBS to pay $780M, open secret Swiss bank records
Billionaire's bank customers denied
their deposits HP profit slumps 13 pct on weak PC and ink sales
[$$] Dow ends little-changed amid slew
of grim news (at The Wall Street Journal Online) The Bull's Case for Buying Gold
...starts,
permits plunge to new record lows SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!
Previous
(2-17-09), modest losses relative to reality so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Analysts say not very encouraging, market saying
stimulus will not work, lots of toxic assets still out their, nothing safe in
bear market, oil to $80, gold appropriate hedge against deflation and inflation
and deserves spot in portfolios, no turnaround anytime soon, and tough-sledding
ahead. “…The
United States was in much better shape, economically, going into the Great
Depression than it is now. Prosperity is not coming back to the U.S.
as we know it. We are in a lot of trouble…” More Economists
Say Crisis Is Worse Than Great Depression Joint Chiefs
chairman calls fiscal calamity a bigger threat than any war GM seeks up to $30B in aid, to cut 47,000
jobs (AP)
GM and Chrysler seek nearly $22 billion more in aid
Stocks sink to November lows on
depression fears U.S. charges Allen Stanford with
"massive" fraud Reality about expensive, flawed, failed
stimulus drag stocks down sharply (AP) It’s
Getting Ugly: Economist Says Hoard Gold &
Scotch Paul Joseph Watson | Williams predicts hyperinflationary
depression will mean a $100 dollar bill is worth less than toilet paper. 65 Trillion - U.S.
Financial Obligations Exceed The Entire World’s GDP A “Monetary
Stalingrad” is on its way to Europe Kansas suspends
income tax refunds, may miss payroll Europe’s
economic slump deeper than expected Total desperation by frauds on wall
street. One analyst previously pointed out there has been not
one prosecution thus far and the frauds on wall street should be prosecuted.
Analyst Frank
Cochrane looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ,
and 425 to 625 on the S&P, and says spending/stimulus programs will not
work, a point on which he is correct and the low end of his ranges closer to
reality . Indeed, the lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at
$600+trillion ) have been addressed much less solved; hence, virtually all problems remain and there is but an
infinitesimally small fraction of the capital and resources necessary to solve
them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL /SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! GM seeks up to $30B in aid, to cut 47,000
jobs (AP)
America's Insolvent Banks (at Seeking Alpha)
Gold Jumps to 7-Month High as
Investors Seek to Preserve Wealth Stocks sink to 3-month lows GM and Chrysler seek nearly $22 billion more in aid
Stocks sink to November lows on
depression fears U.S. charges Allen Stanford with
"massive" fraud Reality about expensive, flawed, failed
stimulus drag stocks down sharply (AP) It’s Getting
Ugly: Economist Says Hoard Gold & Scotch Paul Joseph Watson | Williams predicts hyperinflationary
depression will mean a $100 dollar bill is worth less than toilet paper. 65 Trillion - U.S.
Financial Obligations Exceed The Entire World’s GDP A “Monetary
Stalingrad” is on its way to Europe Kansas suspends
income tax refunds, may miss payroll Europe’s
economic slump deeper than expected WORLD
TO STAY IN SLUMP
Previous(2-13-09), modest losses relative to reality
inasmuch as outlook remains bleak with data (though sugar-coated, inflated,
false to provide more favorable b.s. talk points) dismal as consumer confidence
down sharply ((56.2 vs. 61.2 previous, job losses continue as do earnings
declines/losses, bankruptcies, defaults, etc., so SELL/SELL INTO RALLIES/STRENGTH/ TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Analysts negative regarding level of
uncertainty, skepticism regarding more stimulus/bailout money down the rabbit
hole, longer-term considerations of deflation/hyperinflation, and particularly
the valuation of assets in any of the bailouts, etc.. Oil inventories high
but production cuts will weigh heavily later. [$$] Long-Term Dow Chart Suggests More Downside Large U.S. banks on edge of
insolvency, experts say Regulators close banks in Neb., Fla., Ill., Ore.
GOLD Separating from the US
DOLLAR-Banks insolvent Another $3T of U.S. Debt: Don't Count on
Foreigners to Pay for Our Bailouts U.S. auto suppliers
seek $18.5 billion in government aid How Banks Are Worsening the
Foreclosure Crisis
Stocks fall as investors can't shake
economic woes
Huge stimulus bill only the beginning of the end,
substantial investment in Weimar dollar printing presses/operators envisioned:
Obama Will the stimulus actually stimulate?
Economists say no
This is 1930 all over again and far worse Federal
obligations exceed world GDP... Euro Zone Sees Biggest Contraction
on Record Previous
(2-12-09), suckers’ bear market rally with 200+ point upswing into the close
based on b**l s**t alone on continuing bad news including increasingly high job
loss/unemployment numbers (though vastly understated), unexpected (euphemistic
for false) +1% January retail, and leak of yet the new latest, greatest,
economic “stimulus”/subsidy, etc., so especially great opportunity to SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! 23% decrease
in wealth in u.s. and much further to go. Fed printing worthless Weimar dollars
like mad (ultimately, inevitably hyperinflationary) while treasury securities
bubble gets bigger (stay away from treasuries – TIPS/treasury inflation
protected securities only). Total desperation by frauds on wall street. One
analyst previously pointed out there has been not one prosecution thus far and
the frauds on wall street should be prosecuted. Analyst Frank Cochrane looks ahead to 4,000 to
6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and
says spending/stimulus programs will not work, a point on which he is correct
and the low end of his ranges closer to reality . Indeed, the lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at
$600+trillion ) have been addressed much less solved; hence, virtually all problems remain and there is but an
infinitesimally small fraction of the capital and resources necessary to solve
them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. O bama’s Stimulus Not Enough to
Avert Biggest GDP Drop Since 1946 Bloomberg | Obama’s
stimulus plan will be insufficient to avert the biggest U.S. economic decline
since 1946 as consumer spending posts its longest slide on record. Marc Faber: U S will default
on debt or enter hyperinflation YouTube | Mr. Faber predicts the Zimbabwe model
for the United States.
Home Prices
Slide 12%, Most on Record, as Foreclosures Drain Value...
Deluge of
Financial Calamities Looming by Mid-March Retail sales rebound, jobless claims
stay high ABCNEWS:
CATERPILLAR CEO contradicts Obama: 'We're going to have more layoffs before we
start hiring again'... Retail sales rise unexpectedly (false report) in
January Wells Fargo charge boosts fourth
quarter loss (Reuters) Oh yet another new mortgage plan news
is bs purported reason for spurring late suckers bear market stock rally
The Market and geithner's Empty Suit No Plan SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! Previous
(2-11-09), suckers bear market rally into the close based upon the
bailout/stimulus fairy tale. Reality speaks for itself so the following latest
news links (job loss/cut anouncements too numerous for inclusion and real
numbers/data worse than false/gov’t/shill reports) plus previous 2-10-09
assessment which follows. ‘WORST ECONOMIC COLLAPSE EVER’ In 2009 were going to see the worst
economic collapse ever, the Greatest Depression, says Gerald Celente, U.S.
trend forecaster. He believes its going to be very violent in the U.S.,
including there being a tax revolt . This DEPRESSION will last 23-26
YEARS! Government is POWERLESS! We are facing a Depression that will last 23-26
years. The response of government is going to seal our fate because they cannot
learn from the past and will make the same mistakes that every politician has
made before them. Economic Rescue Plan: More Debt,
More Dollar Devaluation And More Government Larry Summers: Fox Guarding The
Henhouse COMEX Crash To Send Gold To $3,000
Gold jumps 3 pct to 6-1/2 mth high
on risk aversion Highest
Unemployment in Three Decades Economic Rescue
Plan: More Debt, More Dollar Devaluation And More Government PAPER:
European banks sitting on $24 trillion of toxic assets... The Day After:
Stocks Struggle to Overcome Geithner's Stumble, RIM's Warning Why Americans Should Care More About the $2-$5T
Bailout vs. the $789B Stimulus Ireland
to take control of banks... Popular Rage Grows as Global
Crisis Worsens Previously (2-10-09) only modest drop
relative to reality as pointed out by analyst Frank Cochrane who looks ahead to 4,000 to 6,000 on
the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says
spending/stimulus programs will not work, a point on which he is correct and
the low end of his ranges closer to reality. There seems near unanimity by astute
people in the know that timothy (only the little people
pay taxes) geithner is just not up to the job. Indeed, his apparent Freudian
slip “arrest it” must have been a manifestation of his guilt for purposely
evading taxes [he still after audit and before confirmation has not paid the
taxes he asserted as time-barred for collection (should have been arrested)],
and then there’s the $4 trillion missing at the New York fed (and hence his
prospective arrest), and now even more obfuscation with regard to taxpayer
funds (possible future arrest?). A career bureaucrat, one economist/analyst
points out that tiny tim geithner is not an economist and his so-called plan is
without a plan yet we’re now talking in trillions. Helicopter ben bernanke
paints realistically bleak outlook [though rosier than reality The Economist, a Widely Respected
and Authoritative Financial/Economic Publication: U.S. In Depression, Not
Recession Video:
Crash Will be Worse than Great Depression Great Recession/Depression of 2008, et seq., Worse Than
All Others IMF
warns of Great Depression Stocks Could Drop 20%, No Safe
Haven: Dr. Reality Celente Correctly Predicts Revolution,
Food Riots, Tax Rebellions By 2012 Former chief
economist: U.S. in a depression Merrill Lynch’s Chief Economist:
We’re Already In a Depression Ray Dalio: A Long and Painful Depression - Barron's
Interview Trendsresearch.com forecast for 2009 , job
losses like mad, and don’t believe the understated unemployment rates] seems
flustered, impotent but really should allow alan greenspan his due for the
current debacle. How about charging, arresting, and
prosecuting the perpetrators of the massive fraud instead of using taxpayer
funds to bail them out (especially since they’re now buying the fraudulent,
worthless securities as well as talking funny books – they already have the
funny money being printed like mad). E specially great opportunity to SELL INTO
RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! . UBS cuts jobs after fourth-quarter loss (Reuters)
UBS to slash more jobs after reporting
$7 billion loss Blue Chip poll cuts forecast for second
half 2009 (Reuters) GM
cuts 10000 salaried jobs, trims employees' pay Sirius
preparing possible bankruptcy filing: report Stocks sink over 4 percent on bank plan
apprehension U.S. offers $2 trillion bank plan but stocks slump
GE transport unit to cut or furlough
1,550 workers Asia stocks fall amid skepticism over
US bank plan (AP) $3 trillion! — Senate, Fed, Treasury
attack crisis [$$] Foreclosure 'Tsunami' Hits Mortgage-Servicing
Firms (at The Wall Street Journal Online) Senate Passes $819
Billion Economic Stimulus Bill Bernanke Begins
‘Thorough Review’ of Fed Disclosure Stocks Tumble as
Bailout Plan Is Unveiled Previous (2-9-09), suckers’ bear
market/short-covering rally into the close to end mixed based on continuing bad news including
new job cuts/losses including 20,000 from Nissan, etc., so still great
opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL
CAN SINCE MUCH, MUCH WORSE TO COME! Barron’s: Economist/analyst says depression has long way to
go and lot’s of prospective pain Ray Dalio: A Long and Painful Depression - Barron's
Interview . Analysts talk up adage, ‘buy on rumor, sell on news’
regarding ie., bailouts, bailouts, bailouts, with money they don’t have as
total now approaches $9.7 trillion (printing those worthless Weimar dollars
like mad, ultimately/inevitably hyperinflationary), buy gold on dips;
short-covering rally via irrational exuberance induced bailout news, downside
volatility, dilution (stock issued will dilute EPS), stimulus won’t work,
lottery stocks (financials) based on short-term blips based on b.s./bailout
news alone. Ray Dalio: A Long and Painful Depression - Barron's
Interview Financial plan won't include "bad bank": TV
One in eight lenders may fail, RBC says
One Scary Unemployment Chart Bring back the
guillotine… for bankers Geithner says G7
should act ‘promptly’ on economy We’re moving
close to ‘a bailout-based economy’ Protectionism,
unemployment and riots as the global slump deepens Obama’s Change: Expanding the
Power of the NSC and Shadow Government Fitch cuts BofA ratings (at bizjournals.com)
House
Appropriations Chairman on Stimulus Waste: 'So What'... CBO:
Stimulus harmful over long haul... LG Elec to cut $2.2 billion costs as
recession bites (Reuters) Previous
(2-6-09), suckers’ bear market rally based on especially bad news, viz., ‘ depression-battered employers eliminated
598,000 jobs in January, the most since the end of 1974, bringing unemployment
rate to 7.6 percent, the grim figures being further proof that the nation's job
climate is deteriorating at an alarming clip with no end in sight.’ Economy so weak oil demand and price
down but oil stocks rallied in the alice-in-wonderland fraudulent world of wall
street. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount
at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an
infinitesimally small fraction of the capital and resources necessary to solve
them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so especially great opportunity to SELL/TAKE PROFITS SINCE MUCH, MUCH WORSE TO COME! Real Unemployment Figures Double
Those Reported By Labor Department Paul Joseph Watson | 7.6% is actually over 15% - just 9%
shy of figure at height of great depression. Financial Coup d’Etat Rep. Kanjorski: $550 Billion
Disappeared in “Electronic Run On the Banks” U.S. job losses accelerate
Fed's Yellen sees dynamics similar to
Depression Regulators close 3 more U.S. banks
Consumer credit falls more than expected
in Dec. Peter Schiff: Stimulus Bill Will
Lead to “Unmitigated Disaster” Nearly 600K jobs lost in Jan.; more pain
ahead Peter Schiff: Why I'm Right About the Substantial
Further Decline and My Critics Are All Wrong There is a high chance a majority of the States within
the United States of America could file for Chapter 9 bankruptcy. There are
currently 46 states with high budget deficits, Arizona being one of them. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.- Analyst
Andre Egleshion puts the amount at $600+trillion ) have been addressed
much less solved; hence, virtually all problems remain
and there is but an infinitesimally small fraction of the capital and resources
necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., so
great opportunity to SELL INTO
RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME! Previous day’s (2-5-09) news as bad,
ie., record level monthly unemployment numbers much worse than expected
626,000, factory orders down, IMF says no breakthrough in stabilizing financial
sector, etc., but irrational exuberance on bailout talk and prospect of not
only funny money but now funny assets with proposed new accounting rules to
hide financial reality (dismal) so great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU
STILL CAN SINCE MUCH, MUCH WORSE TO COME! U.S. jobless claims surge in
latest week to 626,000 Parallels With the
Great Depression Obama Warns of
‘Catastrophe:’ What Happened to ‘Hope’ and ‘Change? ’
NEWS CORP loses $6.4 billion... ...writedowns GE
chief warns on USA depression threat... Watchdog:
Treasury overpaid for bank stocks... USA
Must Spend Trillions they don’t have to prevent a long-lasting
Depression'... GERMAN
BANK FIRST LOSS SINCE WWII OWING TO AMERICAN SECURITIES FRAUD DEBACLE; REJECTS
STATE AID... MCCLATCHY
reports loss on newspapers' decline, plans deep cost cuts...
Treasury
in plans for record debt sale...
Accounting rule change
for more cook the books fraud and bailout hopes spur Wall St. rally New jobless claims surge to 26-year
high Auto suppliers seek rescue as
crisis deepens Art Hogan refers to the prevalence of
bailout rhetoric, financials (among others) under pressure because there have
been twice as many downside surprises on the earnings front with either no
guidance or bad outlook, and cites new trading range for oil at $40 -
$50. Kraft, bank worries knock Wall St; Cisco hit late
Cisco outlook misses expectations
The Bad Bank
Assets Proposal: Even Worse Than You Imagined TIMEWARNER the
troubled, horribly managed media company swings to 4Q loss on hefty
writedown... UBS Boosts ‘09 Gold Forecast to
$1,000 One analyst previously pointed out there
has been not one prosecution thus far and the frauds on wall street should be
prosecuted. Indeed, the lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount
at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an
infinitesimally small fraction of the capital and resources necessary to solve
them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. Another Prominent Economist
Forecasts Depression, Says Gold To Hit $2000 Auto sales hit 27-year low
US auto sales plunge 37 percent to
26-year low Motorola's woes pile up in $3.6B quarterly loss
Disney 1Q profits drop 32 percent;
shares slide Wells Fargo defends, then cancels Vegas junket
Electronic Arts posts wider loss, huge
layoffs announced, hurt by charges Fed Secretly
Lends $2 Trillion to Banksters without Oversight JAPAN: “There has never been data
this bad for any major economy - even in the great Depression”; “We are
literally looking at the unimaginable” Obama predicts more bank failures California goes broke, halts $3.5
billion in payments Previous,
consumer spending down (-1%), manufacturing activity down, construction
spending down 5.1% and much worse than expected. Problems ahead for bonds
(currency risk, low yield, etc.) including treasuries (bubble), interest rates
prospectively higher, bad real estate market into 2010 as banks play catch up
on foreclosed properties, with top end getting hit and weaker rental market to
boot. “…The
United States was in much better shape, economically, going into the Great
Depression than it is now. Prosperity is not coming back to the U.S. as we know
it. We are in a lot of trouble…” . Personal
bankruptcies soar 33% More Economists
Say Crisis Is Worse Than Great Depression Steve Watson | Ominous headlines have prominent
analysts spelling out disaster. Macy's cuts 7,000 jobs, slashes dividend
Factory decline, consumer spending drops
Morgan Stanley plans up to 4 percent in
job cuts Joint Chiefs
chairman calls fiscal calamity a bigger threat than any war WALL
ST ALREADY DOWN 10% FOR YEAR... Folding dealers shock car buyers with
unpaid liens (AP) GlaxoSmithkline to cut 6,000 jobs: report
The New Economic Reality …do not think we should be incurring
trillions in debt for an ill-conceived or even a properly conceived plan. We
cannot spend that much. OUR PROBLEM WAS SPENDING MORE THAN WE MADE SO THE
ANSWER CANNOT BE THE GOVERNMENT ALLOWING US TO SPEND MORE THAN WE MAKE. Joseph
Stiglitz, a Nobel laureate, can tell you better than me, and he thinks we are asking for major problems . Florida, Maryland, Utah Banks
Seized Amid Deepening Financial Crisis... Worse than the Great Depression Charts Predict: Oil May Whip Back
up to $100 Previous session, 31st u.s. bank
to fail, 6th this year, Economy's new plunge is
worst in quarter-century (AP) as GDP falls 3.8% defying
much worse/higher private/real forecasts/estimates; bad economy, bad economic
data, bad real estate market; defensive non-equity investing recommended, ie.,
short-term bonds, single short ETF hedge funds, etc.. One
analyst points out there has been not one prosecution thus far and they should
be prosecuted. Indeed, the lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount
at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally
small fraction of the capital and resources necessary to solve them thanks to
fraud, incompetence, lack of knowledge/ability, greed, etc.. GDP sees biggest drop in 27 years The Ugly Truth: The American
Economy is Not Coming Back Economy, bank woes drag market to worst
January ever Economy's new plunge is worst in quarter-century
Stocks' January drop isn't welcome sign
for 2009 [$$] January Was Dow's Worst In 113 Years (at The
Wall Street Journal Online) Economy's new plunge is
worst in quarter-century (AP) Worst
January ever for Dow, S&P 500 US Stocks Drop, Capping Market’s Worst January, on Economy
Bloomberg US Stocks Off; Financials, Industrials Lead DJIA Under
8000 MarketWatch US
Economy Will Keep Sliding After Shrinking Most Since 1982 U.S. Eyes Two-Part Bailout for
Banks 46 Of 50 States Could File Bankruptcy
In 2009-2010 Economic crisis has put the world
“on the road to serious social instability” Gold rallies 2 pct on haven buying,
hits euro high Worst
January on Record for Stocks... Previous session, at
least Obama referred to the outrageousness of the wall street perps/frauds who
created the crisis, got wealthier in so doing at other peoples expense/damage,
received taxpayer bailout funds because of what crimes they did, and now
reportedly took huge bonuses ($18 billion) for failed and fraudulent
performance; but if he thinks shaming them into better behavior is effective,
then he is a fool. One analyst points out there has been not
one prosecution thus far and they should be prosecuted. Indeed, the lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount
at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an
infinitesimally small fraction of the capital and resources necessary to solve
them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. All bad news: all-time record continuing
unemployment claims, durable goods orders down more than expected, new home
sales down record levels (-37%), banking system insolvent, long-term treasuy
bubble about to burst, DEPRESSION, etc.; December durable goods orders declined
2.6%, marking the fifth straight monthly decline. Excluding
transportation, orders were down 3.6%. The drop in both readings was also
steeper than expected. In other economic news, December new home sales declined
more than expected, falling almost 15% from the prior month. The supply of new
homes is at an all-time high of nearly 13 months, based on the pace of current
sales. Demand for new homes remains weak as weak labor markets limit buyers.
Initial jobless claims for the week ended Jan. 24 increased modestly to
588,000, which exceeded the 575,000 claims expected. Continuing claims climbed
to 4.78 million, which is the highest level for continuing claims in 40 years. More Economists
Say Crisis Is Worse Than Great Depression Steve Watson | Ominous headlines have prominent
analysts spelling out disaster. Jobless Sheep Fed Reserve Fails to Reflate the
US Banking System Signs of deepening economic woes slam
Wall St.
Americans
receiving jobless benefits hits record... [$$] Ex-Merrill Executives Got Burned
by Madoff (at The Wall Street Journal Online)
Disney plans 5 pct job cuts at ABC group
US new jobless claims up,continued
claims a record Workers receiving unemployment at 25-year
high
Obama calls $18B in Wall Street bonuses 'shameful’ –
Is that it? Is that all there is? What about illegal as the perpetrators of the
massive fraud receive taxpayer bailout funds …for their bonuses.'
Japanese output falls at record pace
Ford posts $14.6B 2008 loss, near $6
billion loss for quarter, still won't seek aid
Merrill Lynch’s Chief Economist: We’re Already In a
Depression Stocks Could Drop 20%, No Safe Haven: Dr. Reality MURDOCH: Crisis Worsening,
'Drastic Action' Needed... Stiffed: Why are bailed-out banks
helping Pfizer buy Wyeth? Previous, s uckers’ bear market
ralley based on b**l s**t alone, viz., the now fabled big bad wolf bank to eat
all the so-called toxic debt at taxpayer expense (for
the economy- what a fairy tale ), etc., so especially great opportunity to SELL/SELL INTO RALLIES/STRENGTH/TAKE
PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! All bad news continues: Boeing to cut 10,000 jobs, AOL 700,
Starbucks 6,700 , and on and on, the list is long, continues, and is growing, Warning over
collapse in capital flows Telegraph | The world
economy will shrink this year for the first time since the Second World War,
warns the gloomiest forecast yet delivered by a major international
institutional. MERRILL LYNCH’S CHIEF
ECONOMIST: WE’RE ALREADY IN A DEPRESSION Stocks Could Drop 20%, No Safe Haven:
Dr. Reality World growth ‘worst for 60 years’ Mass layoffs surge in 2008, continue at
rapid pace (AP)
'American consumer can
no longer act as motor of global economy' ... Analyst
Ciovacco sums it up thusly: … We have seen many of these bailout inspired "feel
good" days during the bear market. The market cheered the bailout out of
Bear Sterns, only to retrace all the gains while moving to lower lows. When
Fannie and Freddie were bailed out by you and me (taxpayers), the market
"felt good" only to move on to lower lows and more losses. When AIG
was bailout out by - you guessed it, you and me, it was seen as a positive.
Stocks went on to make new lows. TARP was hailed by the markets as the answer
to all our problems - stocks moved higher in anticipation, then made new lows.
When the formerly "big" three were given government loans, the market
breathed a sigh of relief - then, you guessed it, moved lower.Here we go again.
The “bad bank” is this morning’s feel good story. The futures are higher on
“speculation” the government will set up a bad bank. The problem is a familiar
one for money managers - we do not know what the rules are and how the
"bad bank" will be set up. Will it be good for shareholders in banks?
Will it be bad for shareholders in banks? We are not sure because we have no
details on the latest bailout, only speculation and a few sound bites. The
basic goal of the bad bank according to this morning’s news reports is to
"get lending going again". In an overleveraged world, is more credit
really the answer? I thought too much credit was the problem… Previous,
what are they drinking, smoking, snorting on wall street with suckers’ bear
market rally on decisively bad news; viz., consumer confidence
at lowest level ever recorded (37.7) Consumer Confidence Slides to
Record Low in January , 18% plunge in
home prices as per highly regarded Case/Shiller Index, Retail Federation gives
bad retail outlook, layoffs du jour galore, etc., and even as oil plunged on
the bad economic data, oil stocks rallied…riiiiight! What, they worry…hell
no…they work for wallstreet/government. They’ll still get their commissions on
the way down and maybe stick you with their over-priced dogs as well. Same
modus operandi as in January et seq, 2008 when they sucked in the suckers who
this time (fool you twice, shame on you) will deserve to be burned for wall
street commissions/ compensation/ bonuses’ sake as in the year just
passed. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount
at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an
infinitesimally small fraction of the capital and resources necessary to solve
them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so great opportunity to SELL
INTO RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN SINCE MUCH, MUCH
WORSE TO COME! Bank bailout could
cost $4 trillion CEO confidence plunges around the globe
Consumer mood at record lows, house prices
sag Corning slashes up to 4,900 jobs to cut
costs Moody's says could cut GE's triple-A
credit rating Target eliminates positions amid weak
sales Nation's economic mood darkens as more jobs vanish
S&P index shows plunge in November
home prices Yahoo posts higher profit but outlook
weak Yahoo suffers 4Q loss, but tops analyst views
IBM quietly cuts thousands of jobs
Economy in free fall in fourth
quarter Companies in U.S. to Slash More
Jobs, Business Economists Say military spending is crippling
america Previously, wall street frauds’ nirvana (commissioning a large incline then
decline then suckers’ bear market rally into the close incline) at just a
program loop, button push, mouse click away based on bull s**t alone and
‘Little Shop of Horrors’ viz., wall street vegetables clamoring ‘feed me,
feed me’ with hopes for taxpayer bailout funds and short-covering bear market
rally.. Motek’s experts: One land of fruits and nuts politician too many for a
business hour; there will be no further comments relative to Frank Motek’s
knx1070am caleefornia business hour inasmuch as the show has become a bit too
parochial and limited in scope. 68,000 new job cuts this day alone. Existing home sales on
foreclosures up 6.5% so new home sellers
rally…riiiight!...Preposterous!...Leading indicators allegedly up .3% on
increase in money supply (hyperinflationary)…Riiiiight! NY
financier arrested in purported $400 million scam Reuters
Job-killing depression racks up more
layoff victims Economy in free
fall in fourth quarter FANNIE to Seek Up
to $16 Billion in Emergency Treasury Aid to Stay Afloat... Gloom deepens as 75,000
global jobs go... Gold pushes
above $900 in buying spree; Yellow metal posts all-time highs in euro and
sterling... Economy in free
fall in fourth quarter Previous, mixed finish on relatively
light volume defies reality with another near 200 point swing to the upside on
suckers’ bear market rally into the close to keep suckers suckered on
decisively bad news so
sell into rallies/strength/take profits/sell while you still can since much,
much worse to come. Motek
experts: Art Hogan points to volatility, lots of headwinds for market,
magnitude of the worse than expected results, doubling underestimated earnings
to downside and no guidance indicative of lack of belief in efficacy of
stimulus, and lag effect concerning stimulus which will help but not soon
enough. Investment analyst says P/E ratios for stocks much too pricey, cite
S&P single digits in milder recessions past hence way over-valued at 15 P/E
now. GE profit
down 44 percent Earnings and depression batter world
stocks Britain officially slips into recession Schlumberger 4Q tumbles; sees rough year ahead
Harley to cut 1,100 jobs as 4Q profit falls
Xerox 4Q profit plunges, misses Wall Street view (AP)
2009 Heralds “A New Age Of Rebellion”
Geithner's failure to pay taxes completely intentional
Misguided Spending Will Only Take Us Deeper Into Depression
Poor earnings, opaque forecasts weigh
on stocks (AP) Freddie Mac to ask for billions more in
funds Freddie Mac to ask government for another
$30-$35 billion Brower Piven Encourages Investors Who Have Losses in Excess of $500,000
From Investment in Bank of America Corporation to Inquire About the Lead
Plaintiff Position in Securities Fraud Class Action Lawsuit Before the March
23, 2009 (Marketwire) Capital One results suggest gloomy 2009
for credit card industry Wall Street's culture of entitlement hard
to shake “The stock market has been bluffing investors for decades. The market's
indiscernible jolts have been particularly pronounced and painful in recent
months.” Simon Maierhofer “Unprecedented” Job Cuts in Works
at World’s Largest Automaker [video] Gold Surges VIDEO: THE GLOBAL FINANCIAL CRISIS -
Montreal Lecture: The Great Depression of the 21st Century Motek experts: Discuss new unemployment
claims at 589,000 match 26 year high, 4.6 million continuing u.e. claims,
wall street strategist (actually just another wall street fraud) thain at last
minutes before BofA bailout/takeover does compensation/bonuses/expenditures and
gets axed, all-time low for housing starts with downsides well into 2010, job
losses trend to accelerate well into second half 2009. Analyst says near term
increased uncertainty, gamble, financials undercapitalized, recommends risk
adjusted/barely below investment grade junk bund funds (high ror) and gold
mining etf’s while warning long-term treasuries to take a hit. Reporter discusses
negative I.T./pc market, spending and job cuts and absence of forward-looking
guidance. Worsening signs for Apple with slowdown in pc sales and reliance on
retail/pricing. Currency expert says problems serious, gov’t needs to raise $2 trillion,
crowd out private sector, increase cost of money, fanny/freddy, government
replacing private mortgage lending with negative implications. Frank
congratulates Paul Kangus on Nightly Business Report 30 year anniversary where
he began his business reporting career. Just The Early
Stages of Economic and Financial Collapse Jobless claims
surge, housing starts tumble Back In Reds After
Economic Data... Bank results
plummet...
Angry customer
rammed bank with pickup... GOOGLE PROFIT SLIPS FOR FIRST
TIME...
MICROSOFT stuns
with profit miss, job cuts... Roubini:
Banking System is “Bankrupt”, “Effectively Insolvent” Previous, wall street
frauds’ nirvana (commissioning a huge decline then a huge incline) at just a
program loop, button push, mouse click away based on bull s**t alone and
‘Little (wall street) Shop of Horrors’ viz., wall street vegetables
clamoring ‘feed me, feed me’ with high (what are they smoking, drinking,
snorting) hopes for taxpayer bailout funds and short-covering bear market
rally. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.) have been addressed much less solved;
hence, virtually all problems remain and there is but
an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc., so great opportunity to SELL
INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME. Motek’s experts: Analyst/options/speculator talks roller
coaster ride on wall street regardless of results, banks still in trouble with
dilution via government takeovers, talks lessons…please, give us a break…, then
risky strategies, ie., risky bonds into riskier equities as if that isn’t that
how we got into the continuing mess. Only-the-little-people-pay-taxes geithner,
a co-architect of the current mess said food lines long and getting longer even
as he dodges taxes (purposefully…after audit and as currently pending
appointment, paid back taxes but scofflawed time-barred taxes owed), while
economist says geithner a scofflaw and stimulus just more pork. Geithner was
“involved in just about every flawed bailout” of the Bush era (On capital hill
they were afraid to ask the question as to where is that missing $4
trillion at he ny federal reserve bank which is defacto complicity) Financial Times editor says dramatic prospective action
will be very unpleasant for shareholders. S&P 500 Q408 Earnings Now Expected to Fall 28.2% Royal Bank of Scotland to Record $41 Billion loss, State Street profits down 71%, Bad news across the
board as Worst Inauguration Day Drop in Dow Industrial History...
Roubini Predicts
U.S. Losses May Reach $3.6 Trillion Prominent
Economist: Crisis Caused By Government Interventions Motek’s
experts: Land
of fruits and nuts actor/entertainer/speculator /sometimes
economist Ben Stein [who previously took a page out of GM’s
playbook by lambasting Fortune Magazine (you might recall some two decades ago
that Fortune warned of GM managerial ineptitude to which GM responded with
outrage and withdrew all advertising and revenue to Fortune thereby in
retaliation - if only they had listened) for saying caleefornia is number 1,
numero uno ….. as prospectively worse real estate market in the nation, the
same Ben Stein who poo-pooed Peter Shiff’s correct prediction of market crash, but did correctly state fed policies
hyperinflationary, and also just criticized Shiff’s recent prognostication ( he
previously had to apologize to Shiff having done wrongly so before- his criticism of Peter Shiff for warning of this debacle
years ago ). He throws out a couple of economic terms (demand
pull/cost push inflationary terms) to buttress his criticism of Shiff but he’s
just out to lunch in citing the absence of demand as militating against Shiff’s
inflationary argument since history (and even currently, i.e., zimbabwee) is
replete with examples of low demand and or impoverished nations that have
over-printed their currencies with hyperinflationary results as will occur in
u.s.). Stein should be on the Strip doing stand-up (comedy). He is a joke!] while
commenting on the inaugural address (who cares…what do you expect them to
say…all talk is cheap in fraudulent america particularly) says in need of
specifics, says because he can’t do taxes geithner doesn’t have to, talks gov’t
guarantees on loans except for fraud, bad banks/financials, no bottom. Analyst says things getting worse not better,
bad equity ratios, banks not sufficiently capitalized, unemployment/job losses
yet to hit so worst to come. Economist says recession/depression with 500,000 job losses per month,
housing/stock declines, bad bank bailouts with taxpayer money bad idea/bad
deal, hopes on stimulus. Peter
Shiff says they buy on rumor and sell on
fact/reality, TARP/government spending the problem, new lows for financials,
eventual dollar collapse, bailing out/subsidizing incompetent high paid executives,
get out of any assets connected to u.s., buy gold. Roubini Predicts
U.S. Losses May Reach $3.6 Trillion Bloomberg | U.S. financial losses from the credit crisis may
reach $3.6 trillion, suggesting the banking system is effectively insolvent. Prominent
Economist: Crisis Caused By Government Interventions Steve Watson | People who created the problem are now in charge. Previously,
a big suckers’ depression era rally of near 200 points into the close to keep
suckers sucked in while churning and earning those commission dollars on
decisively bad news (ie., circuit city liquidates/sheds 30,000 jobs, more job
cut announcements, manufacturing down 2%, cpi down .7% on lower gas/oil prices
but watch for inevitable hyperinflationary effect of worthless Weimar dollars
they’re printing like mad, Citigroup
-- after suffering a loss of $8.29 billion, its fifth straight quarterly
deficit -- is reorganizing into Citicorp and Citi Holdings—what a joke; first
will focus on traditional banking around the world, while the second will hold
the company's riskier assets and tougher-to-manage ventures; Bank of America
slides to 4Q loss; gets more ‘down the rabbit hole’ taxpayer money; how
pathetic, unemployment claims at 54,000 for week, 524,000 for prior
month, 4.5 million collecting unemployment/64% increase, foreclosures for
December up 17%/2nd worst on record and high for ordinarily slow December,
etc.), U.S. foreclosure filings in 2008 rose 81% from 2007 ,
the lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.) have been addressed much less solved;
hence, virtually all problems remain and there is but
an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN
SINCE MUCH, MUCH WORSE TO COME. Retail sales much worse than expected -2.7% and double (100%
worse) expected decline with financial sector usual suspects providing other
dose of bad news, along with beige book which cites weakness in all districts.
Job cuts, job cuts, job cuts, and Jobs cut work schedule with medical leave
till June, 2009. Oil inventories up however since economy is so bad demand has
substantially weakened. What usually either way would have derailed prospective nominees in
past, viz., illegal nannies, failure to pay taxes, etc., has rallied defense of
geithner TAX MESS: Panel delays
hearing on Obama's Treasury choice... , the new york fed man ( Fed
Mob Boss Geithner’s Confirmation Sidelined - too n.y. jewish to fail or be held
accountable, in fairness there’s also trump and alito, and bush and clinton,
etc., all of whom seem impervious to the laws and rules of civilized
governance; owe, oh! how the mighty have fallen, including meaningfully lawless
america). Given the state of the nation, who can rationally defend those
experienced with having caused the crisis in the first instance (there is the
matter of course of campaign finance bribery). HOW ABOUT ASKING GEITHNER ABOUT THE MISSING $4 TRILLION AT
N.Y. FED BANK, WHO STOLE IT, ETC., AS A PRE-CONDITION TO HIM EVEN BEING
CONSIDERED! THROW THEM, THE FED, WALL STREET FRAUDS, ETC., IN GITMO; THEY’RE
CERTAINLY ECONOMIC TERRORISTS, FRAUDS, THIEVES WHO’VE DONE FAR GREATER DAMAGE
TO AMERICA THAN ALL AMERICA’S ENEMIES COMBINED. Typical wall street jew madoff will just have to
suffer his bail days in his $7.5 million n.y. penthouse apartment. $700-Billion
Bailout Lacks Transparency, Accountability, Congressional Panel Says Motek’s
(Frank still out but returns on Monday, but will his program still be there
after decimating week) experts: Senile Wedbush from the land of fruits and nuts
to his credit refers to the extent financial scenario by the “D” for Depression
word (he very well may have been around to have experienced the first Great
Depression) and borrows refrain from old Springfield song of ‘ Wishin’ and
Hopin’ ’…riiiight…Start your own company, ie., apple stands (candy, caramel, or
plain); land of fruits and nuts better stick with a taco or tamale stand; hot
dog stands…riiiiight! (Previous) Hugh Johnson says earnings recession and lots
of going out of business signs. Retail analyst says lots of bankruptcy filings
and store closures particularly in select regional/female apparel/jewelry. Hugh
Johnson, analyst, says Alcoa much worse than expected a wake up call, earnings
below expectations, widespread downturn but much more difficult to forecast
than ever (welcomed obfuscation so they can talk the talk and sucker you), oil
speculators still in play, bailouts old news but enormous deficits/problems
therefrom. Investors Business Daily editor, spend and cut taxes, TARP money not
enough, $485.2 record deficit, deficits will continue to grow, will catch up to
u.s., long term better…riiiiight…how ‘bout in long term as per keynes
we’ll all be dead…if you’d have listened to equities oriented IBD you’d
probably be broke by now even if you were as they seem to presume a
trader. Analyst Gabriel Isdumb says eventually things will be
better…yeah…riiiiight!…right after the depression has run it’s course. Autonation
expert says the worst conditions he’s ever seen
which he further describes as appalling. All news bad and worse than expected
(ie., Alcoa, Citi which received $45 billion in bailout funds and lost $20
billion, etc.). Former chief economist: U.S. in a depression The U.S. Economy is being Marched
to the Gallows
Andrew Hughes
| Predictions of hyperinflation, dollar decline and civil unrest. No Brainer: Bankster Bailout is
Unconstitutional
Kurt Nimmo | A world system of financial control in private hands will begin the
process of delivering feudalism to the American people. The Economy Is in a Depression The
economy contracted at about a 5% annual rate in the fourth quarter. Bank of America to receive
additional $20 billion International Herald Tribune | The second lifeline brings the government’s total
stake in Bank of America to $45 billion and makes it the bank’s largest
shareholder, with a stake of about 6 percent. Counterfeiting? Bank of England
able to print money without having legally to declare it Bank of America to Get Billions
More From Treasury Washington Post | The Treasury Department plans to invest billions
of dollars in Bank of America to help the company absorb troubled investment
bank Merrill Lynch. Citigroup -- after suffering a
loss of $8.29 billion, its fifth straight quarterly deficit -- is reorganizing
into Citicorp and Citi Holdings. The first will focus on traditional banking
around the world, while the second will hold the company's riskier assets and
tougher-to-manage ventures. Bank of America slides to 4Q loss; gets more ‘down the
rabbit hole’ taxpayer money. Bernanke: U.S. Financial Crisis
Worse than Japan’s Lost Decade, but We’ll Still Copy the Japanese Playbook,
Even Though It Didn’t Work Nortel files for bankruptcy, shares
plunge , (Reuters) $700-Billion Bailout Lacks
Transparency, Accountability, Congressional Panel Says U.S. Retail Sales Decline for
a Sixth Month Dismal holidays over, but retail
outlook still dim , CITIGROUP Stock Falls Below Critical $5 Level... 'Long-term transformation'...
'Swift decline in
America's influence'... Stocks tumble as worries grow
about banks... JPMorgan CEO predicts bleak year:
report (Reuters) JPMorgan's
chief executive predicts that the financial crisis will worsen this year, in an
interview with the Financial Times newspaper published on Thursday. Sen Dorgan: Federal Reserve Refuses To Identify Recipients
Of 2 Trillion In Emergency Loans Throw them, the fed, in
gitmo; they’re certainly economic terrorists, frauds, thieves who’ve done far
greater damage to america than all america’s enemies combined. Our
Collapsing Economy According to the Bureau of Labor
Statistics, nonfarm payroll employment declined by 3,445,000 from December 2007
through December 2008. Marc
Faber: “I Think it Might Be Far Worse [Than the Great Depression] Precisely
Because of the Interventions” by the Government The latest edition
of Marc Faber’s latest newsletter fell off two separate trucks in my ‘hood, and
I thought the most useful bits were Faber’s observations (honed from many years
of seeing the world from Asia) that just because a market has gone down a ton
doesn’t mean it can’t go down a great deal further. U.S. Economy May Shrink 1.5% in 2009 as Depression Stymies
Fed Economists slashed forecasts for U.S. growth in 2009 and
projected Federal Reserve policy makers won’t be able to start raising interest
rates until 2010, according to a monthly Bloomberg News survey Treasury: Deficit
hits new record in just 3 months... TREASURY PICK
FAILED TO PAY TAXES Bond Bubble Looms ‘The key here is to
stay the course and not to be sucked into the hype; don’t let your eyes deceive
you. Printing money non-stop for a year (or longer, I don’t see him stopping
any time soon) will have consequences (meaning
hyperinflation/worthless dollar, etc.) .’ Those commerce
department job numbers in prior months revised upwards (I warned of the falsity
of same even as wall street frauds rallied on the false data). 2.6 million
jobs lost in 2008, worst since 1945. Motek’s experts:
Financial analyst says treasuries at 0%, money markets near 0%, so seek
companies with pristine balance sheets and dividends, negative doldrums as
market (irrationally) shrugs off bad news, no magic wand from new president,
cross your fingers and hope…..riiiiight! Economist discusses jobs report, says
lagging indicator and rough time, savings up but spending down, weakness
through at least first quarter of 2010, lots of pain ahead, real estate prices
continue decline through coming year, -20% to –25% with land of fruits
and nuts in worst case scenario. Another economist also discusses continued
declines for real estate with land of fruits and nuts in worst case camp,
foreclosures a lot higher with peak at 20%, and cites (probable) decade long
stagnation as Japan in ‘90’s. US Debt is really 53 Trillion. Can you say Dollar Collapse
then Massive Hyperinflation Coming? Roubini
Joins Faber and Rogers in Saying Bubble in Treasuries Will Likely Burst Now the U.S. porn industry seeks $5billion bailout
Citi, Morgan Stanley in brokerage talks;
Rubin quits $$] Rubin Departs Citi on a Low Note
(at The Wall Street Journal Online) Agency warns on automakers' pension
funds: report Jobless rate at 16-year high as payrolls plunge
Job losses hit 2.6 million as layoff pain
deepens Wall Street falls on job woes, Citi
Stocks slide after rise in unemployment rate (AP)
Manufacturing slumps at fastest
pace since 1981 More people collecting
unemployment benefits Depression more severe than
thought: Fed’s Rosengren Horrible
data and again worse than expected but suckers’ bear market rally into the close
based on bull s**t and bailouts (with money they don’t have) provides excuse
for irrational exuberance and mixed close . Weak retail and
unemployment at 26 year high. Motek’s experts: Analyst points to
dire warnings across the board while real estate/housing/building analyst says
2009 will be bad year with 20% declines in real estate values as unemployment
goes higher while another real estate analyst says not a good time to buy a
home. U.S. companies
face $409 billion pension deficit: study U.S. debt is losing its appeal
in China LET'S PRINT MORE WORTHLESS
MONEY! Obama Bets Big on
Big Government... Dems Raise
Doubts on Plan... A
worse-than-expected ADP employment report indicated 693,000 jobs were lost in
December far above the expected 493,000 and a warning from Intel (INTC 14.44, -0.93) underpinned early
weakness with typical suckers’ rally into the close to finish off lows. Motek’s experts: Analyst says first 5
days of trading in January, 2009 historically a bad sign, gloomy employment
scenario with 693,000 jobs lost in December, economic contraction in major way
coupled with poor earnings, 1.2 trillion budget deficit at 6.8% of GDP or worse
so tough to make bull case, defensive position, low allocation to equities with
high capitalization/consumer staples. Oil analyst points to weak economy/jobs
data, absence of leveraged money chasing oil and says $60 oil soon. Economist,
part of the corrupt fed team discusses job losses. Final expert discusses
demographic trends behind and causative of cycles as 1929, 1968, and now, baby
boomers, bleak outlook, economically shot their wad in terms of ability to
avoid depression. Analyst
Predicts 40% Unemployment, No Recovery until 2015 Bear rally over, the great dying begins in corporate
America Wall Street
falls sharply on employment realities, realistically bleak corporate outlooks Budget deficit to hit $1.2 trillion in
fiscal 2009 Intel warns second time on quarter
U.S. says Madoff sent diamonds in
violation of bail Profit warnings, poor job outlook weigh on stocks
(AP) Yes, fed now using the ‘D’ for
depression word which means we’re in a depression (after all, they were saying
no recession when we were already in one). What are they still
drinking, smoking, snorting on wall street with suckers’ bear market rally into
the close. They’ll still get their commissions on the way down and maybe stick
you with their over-priced dogs as well. Same modus operandi as in January et
seq, 2008 when they sucked in the suckers who this time (fool you twice, shame
on you) will deserve to be burned for wall street commissions/compensation/
bonuses’ sake as in the year just passed. Service sector (90% of american
economy, viz., bull s**t) ,
factory orders, pending home sales down (worst on record) and much worse than
expected. Some
reality : After a short modest rally in the stock markets, lasting at best
if at all, 1 to 4 months after Obama is inaugurated as President, people will
realize that Obama’s stimulus plan isn’t going to work. Specifically, it will
become obvious that we’re in a Great Depression, and that nothing that Bushco
or Obamaco did can get us out of it (it may take a while longer for people to
realize that what both administrations did actually made the financial crisis
much worse). At that point, the stock market
will crash like a waterfall. Mish thinks the crash will leave the S&P at 600.
Robert McHugh thinks the crash will drive the S&P to 500 or
lower (in McHugh’s worst-case scenario, the S&P could end up at 50). At
around the time of the crash, the bubble in long-term treasuries will burst.
Retirees and other people who have socked away their money in treasuries will
get hit hard. The government itself will start massively buying its own
long-term treasuries. Motek’s experts: Art
Hogan in straight-shootin’ mode (as opposed to wall street shill mode) focuses
(but only briefly) on fed’s depression/deflation words, says quite correctly
that the focus has been on the cure (ie., bailouts) rather than the illness,
lots of badnews, dismal earnings, etc., only slightly better at best in second
half (I don’t think so), stay away from consumer discretionary cos., metals
higher, market may be higher at year end (not likely), but rocky road till then
(and beyond). Financial times editor says shocked by fed’s 0% move, very scary
scenario, the specter of depression/deflation looms large, much too much
optimism over Obama prospective stimulus plan. Economy in grip of recession/depression, reports show
Stocks
end higher on hopes for economic rebound Alcoa to cut 13 pct of global work force
The Secular Bear Market Continues Willem
Buiter warns of massive dollar collapse Bank Of England Policymaker Predicts Unprecedented Dollar
Collapse Car
sales plunge heralding bleak 2009 but car stocks rally; construction
numbers down but building stocks rally. Will We Have a Good 2009? Not If History Is Any Guide Stocks slip on telecom and financials; Apple jumps on
‘jobs alive’ news …riiiiight ! Obama
plunges into econ talks, borrows a page from bush economic strategy of spending
money you don’t have and cutting taxes, and predicts approval Consumer bankruptcies jumped 33% in
2008 and much worse expected in 2009 including commercial bankruptcies far
greater and larger than in 2008
[$$] Don't Get Too Happy About the New Year Check This Graph-Proof we are going into a Great
Depression. Notice MASSIVE job losses. Is there really any doubt any longer?
The Economist, a Widely Respected
and Authoritative Financial/Economic Publication: U.S. In Depression, Not
Recession Don’t
forget their 2008 talk as now for 2009. The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
especially since none of the real problems (hundreds of trillions of
fraudulent/worthless securities, etc.) have been addressed much less solved;
hence, virtually all problems remain and there is but
an infinitesimally small fraction of the capital and resources necessary to
solve them thanks to fraud, incompetence, lack of knowledge/ability, greed,
etc., so great opportunity to SELL
INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE
TO COME. More dismal news for lunatics on
wall street to fraud on: ISM factory utilization index fell to the lowest level
in over 28 years. Factories
mired in worst slump in 28 years
They’re printing worthless Weimar dollars like mad for the celebrated bailouts,
bailouts, bailouts, and stimulus so stimulating. Motek’s experts: First expert
talks up superstition, the so called ‘january effect’ saying if positive this
month then the worst case scenario is –5% for DOW/S&P for the year, so the
frauds on wall street are really shootin’ for the moon (lunatics) for the
effect, still in recession but bear market rallies not bad but not for buy and
hold crowd, dump non-performers, favors medical devices/health care related,
disfavors autos/financials. Another expert who scans/digests newsletters says
market/newsletter euphoria contra-indicated, new lows are coming, the best
funds in 2008 were short or cash. News
typically bad: Difficulty tracking and monitoring bailout money…Daaaaah!
Understated unemployment numbers still at recession/depression levels (4.65
million); retail correction-bankruptcies, closings, fewer stores. Motek’s experts: Peter Shiff says it’s not the disease but
the government cure that will kill us, dire forecast for 2009 and
beyond-inflation, companies going out of business, commodity prices higher,
world’s largest debtor america is bankrupt, more borrowing/spending their
failed prescription, bleak picture for dollar the value of which will be halved
and high probability that the decline will be 70-90%, gold higher and $2000
gold in not so distant future, oil much higher and $200 oil in next couple of
years, stocks will continue to decline, on the long side he favors quality EU,
Asia securities and precious metals particularly monetary metals gold, silver. Oil analyst says oil too cheap, geopolitical factors,
(israel war mongering, war crimes, etc.; Russia/Ukraine dispute-cut gas
supplies affecting Europe), oil to $60-70 rather quickly, gasoline demand
anemic but oil price the factor. It’s time
for ben stein to resign himself to just a land of fruits and nuts
actor/entertainer/speculator as he lambasts Shiff’s prognostication ( he
previously had to apologize to Shiff having done wrongly so before- his
criticism of Peter Shiff for warning of this debacle years ago ). He throws
out a couple of economic terms (demand pull/cost push inflationary terms) to
buttress his criticism of Shiff but he’s just out to lunch in citing the
absence of demand as militating against Shiff’s inflationary argument since
history (and even currently, i.e., zimbabwee) is replete with examples of low
demand and or impoverished nations that have over-printed their currencies with
hyperinflationary results as will occur in u.s.). Stein should be on the Strip
doing stand-up (comedy). He is a joke! Suckers' bear
market rally into the close to keep the suckers suckered on NEWS MUCH WORSE
THAN ALREADY DISMAL EXPECTATIONS ACROSS THE BOARD: S&P/Case-Shiller Composite Index,
October home prices were down 18% year-over-year, the largest drop on record.
According to the U.S. Conference Board, consumer confidence dropped more than
expected to an all-time low in December AT 38%. Record number of bankruptcies
and particulary hard hit commercial sector in coming year, ie., malls, retail,
etc.. Worse stock market declines for the year since 1931 (Great Depression)
and worse to come in 2009 despite suckers’ bear market rallies to keep you
sucked in. Put these wall street frauds in jail and force disgorgement of their
fraudulent gains. There are loads of able new grads and job seekers who can
take the place of the wall street frauds who caused the crisis owing to their
own avarice and continue the coverup to get taxpayer bailout funds. The markets
should be efficient and predicated on rational valuation which is totally
absent in america’s fraudulent, manipulated markets. Absent prosecution and
disgorgement in these ongoing multi-trillion dollar fraud schemes (new ponzi
scheme uncovered in addition to madoff, which are just tips of the iceberg of
multi-trillion dollar frauds), america will not be worth the paper the
worthless Weimar dollars and worthless securities denominated in same are
printed on. Non-Motek expert: markets to fall into 2010 or worse case,
later. Motek
experts: They discuss dismal news, for year DOW-35%, NASDAQ-42%, S&P-40%,
$7-10 trillion in wealth destroyed, second-half inflation from printing
worthless Weimar dollars/stagflation; another expert, consumer has
collapsed, 2009 will be very tough year for autos; a real estate analyst says
2009 will be a very tough year and hopefully we’ll get through
this…..riiiiight!…I don’t think so… Almost
one in 10 Floridians are on food stamps Online
holiday sales fall 3 percent
Madoff liquidation trustee receives $28M for costs (AP) Charlotte, NC, home values post record decline (AP)
Wrong Great Depression Lessons Will Haunt Equities in 2009 73,000
retailers to close in first half of 2009, Stocks Rally Bloomberg | U.S. retailers face a wave of store closings, bankruptcies and
takeovers starting next month as holiday sales are shaping up to be the worst
in 40 years There’s No
Pain-Free Cure for Recession/Depression Schiff: Government Interference Only Makes The Problem
Worse Paul Joseph Watson | Establishment talking heads still pushing useless
and destructive bailout. A
Ponzi Scheme Within A Ponzi Scheme Bob Chapman | Dwarfing the Madoff Ponzi scheme is the Social
Security Ponzi scheme that has been looted (the iou’s) and is hopelessly
insolvent. This on top of previous suckers' bear market rally into
the close with 100+ point swing to the upside to keep the suckers suckered.
Time for prosecutions of and disgorgement of ill-gotten multi-trillion dollar
gains from the frauds on wall street; madoff is just the tip of the iceberg; all news
decisively bad and worse than even dismal expectations except that the frauds
on wall street continue their familiar suckers cheer for bailouts, bailouts,
bailouts so SELL INTO STRENGTH/TAKE PROFITS/SELL! Motek
experts: At best, bear market rally, his accounts 20-25% cash, can make bearish
argument since still looking at writeoffs, government still must sell bonds to
help finance bailouts, municipal bonds troublesome as iou’s might extend
maturities, don’t try to catch falling knife in this market but some high
quality bonds may offer value, dollar to take hit (they’re printing worthless
weimar dollars like mad-hyper-inflationary); Oil expert says overshot to
downside and will see turn-around in oil; U.N. Security Council condemns
massacre by zionist israel. Pros Say:
Employment Collapse is Coming Holiday Sales Slump to Force U.S. Store Closings,
Bankruptcies Manufacturing,
Home Prices Sank: U.S. Economy Preview Holiday Sales Tumble as US Consumers Reduce Luxury
Purchases Bleak
economic picture emerges from new data Retail Sales Plummet Holiday Sales Tumble as US Consumers Reduce Luxury
Purchases Bleak economic picture emerges from new data The frauds on wall street say they are
entitled to the obligatory santa claus rally and attempt to keep you suckered
in for their commissions sake with small gains on bull s**t/fraud alone in
holiday shortened light trading, but reality says every day the market’s above
2,000-5,000 on the DOW, 1,000-1,300 on the NASDAQ, and 500-600 on the S&P
is a ‘santa clause rally, so SELL INTO STRENGTH/TAKE PROFITS/SELL as all
news decisively bad and worse than even dismal expectations except that the
frauds on wall street continue their familiar suckers cheer for bailouts,
bailouts, bailouts, with ephemeral short-covering to lock in year-end gains for
window dressing and much, much worse to come. Unemployment up more
than expected at 26 year high and consumer spending down for fifth month in
a row. In their typically corrupt way, scandal-scarred commerce department
provides fake data for b.s. talking points far better than private economist
estimates but still decline of 1% in durable goods new orders. Oil's slide came in the face of a surprise
inventory draw, which suggests stronger-than-expected demand for the commodity
as Department of Energy reported that oil inventories for the week ending Dec.
19 decreased by 3.10 million barrels. Analyst:
One Third Of Banks To Collapse In 2009 U.S. Economy: Home Prices Fall At Depression Pace Recession/depression
deepens, countries boost spending Previously,
just modest losses relative to reality so SELL INTO
STRENGTH/TAKE PROFITS/SELL as all news decisively bad and worse than
even dismal expectations except that the frauds on wall street continue their
familiar suckers cheer for bailouts, bailouts, bailouts, with much, much worse
to come. Existing
home sales plunged to a rate of 4.49 million last month, down 8.6 percent from
October, and worse than economists predicted. Total sales, not calculated as an
annual rate, fell 17 percent in November from a year earlier to 322,000, sales
of newly built homes fell 2.9 percent from October to a pace of 407,000 units,
the slowest rate in nearly 18 years. Madoff investor found dead of suicide.
Standard & Poor's lowered the unsecured debt rating of General Motors (GM 3.01, -0.51) to C from CC, even
though the government plans to provide GM with financing and Moody's lowered Ford's (F 2.19, -0.40) credit rating to Caa3.
Final third quarter GDP data showed economy contracted at an annualized rate of
0.5%, unchanged from the prior reading though personal consumption component
was down 3.8%. Motek’s experts: actor/speculator/entertainer/sometimes
economist Ben Stein takes a page out of GM’s playbook by lambasting Fortune
Magazine (you might recall some two decades ago that Fortune warned of GM
managerial ineptitude to which GM responded with outrage and withdrew all
advertising and revenue to Fortune thereby in retaliation - if only they had
listened) for saying caleefornia is number 1, numero uno ….. as prospectively
worse real estate market in the nation, the same Ben Stein who poo-pooed Peter
Shiff’s correct prediction of market crash, but does correctly state fed policies
hyperinflationary; LA economist jumps on the Ben Stein out-to-lunch bandwagon
and says only 10%, not 25% (as consensus predicts), decline for
caleefornia…..riiiiight…..take that to the bank; broad donates to MOCA; show
biz expert- strike fear; and Shreve of IBD flips yet again-if only we were all
traders…but if you had followed his every whim, only the frauds on wall street
would have made out with substantial commissions in the ups/downs. IMF warns of Great
Depression 100% chance of depression in US Depression
Hits Detroit: Average home price $18,513 - Unemployment rate 21% U.S. Home Resales Fall; Prices Drop by Record 13.2%
Congressman: “If We’re Not Very Lucky Or If We Don’t Do
Everything Right, We Could Easily Have A Ten- Or Fifteen-Year Depression”
World
faces “total” financial meltdown: Bank of Spain chief Previous suckers bear market rally
into the close with 150 point swing to the upside based on bull s**t and fraud
in the inducement alone to keep the suckers sucked in and commission dollars
flowing for modest losses relative to reality so SELL INTO
STRENGTH/TAKE PROFITS/SELL as all news decisively bad and worse than
even dismal expectations except that the frauds on wall street do their
familiar suckers cheer for bailouts, bailouts, bailouts, with much, much worse
to come. Motek’s experts:Economist says
economy in full-out recession, aggregate demand down across the board, abusers
are not lubrication for economy so should not get bailout, another 25% down for
real estate prices as foreclosures also will continue but lower prices will
eventually stimulate demand, fed focused now on long-rates, cites
housing/finance/consumer debacles and no recovery till at least into 2010 at
best (I don’t think so); oil expert says contract now February delivery on
expiration of January contract and flood of selling on expiring contract
temporarily depressed prices, oil more expensive in future, discusses boom/bust
cycle (we’re in the bust part); another cites high redefault rate on modified mortgages
and more foreclosures; auto analyst points to Toyota showing first loss since
1941 inception, global downturn with no nation spared, reckoning for 15-20
years of bad decision-making, 2009 very grim, 2010 at best for even minimal
improvement (I don’t think so); Online e-commerce expert cites first flat to
down year of online retail sales growth; downgrades GM, american Express, Ford,
etc.. World
faces “total” financial meltdown: Bank of Spain chief Housing
crisis worsens as economy weakens Japan recession deepens, China cuts rates
Great Recession/Depression of 2008, et seq., Worse Than All
Others AP Impact: Wall Street still flying
corporate jets; indeed, with all the bashing of auto rank and file employee
pay, the reality is that american executives, among the least able, least
talented in the world, along with fraudulent wall street are grossly overpaid
and far exceeding that of their far more able foreign counterparts (AP) Where'd the bailout money go? Shhhh, it's a secret (AP) Housing
crisis worsens as economy weakens
Ratings Agencies Play Reality With Multiple Downgrades in
Banking Sector (at Seeking Alpha) Previous
mixed to modest losses relative to reality so sell into strength/take
profits/sell as all news decisively bad and worse than even dismal expectations
except that the frauds on wall street do their familiar suckers cheer for
bailouts, bailouts, bailouts. Motek’s analyst/options expert predicts
controlled bankruptcy for at least GM (maybe more), cites Fitch downgrade of
GM’s credit/default rating and says GM within weeks of default. Oil analyst
cites recession, week demand, over-supply also stating storage facilities full
and resorting to offshore tankers to store excess oil. Media analyst says
economic model for newspaper/media business broken. Rogers: The Incompetent Senile and
Vegetables Have Turned A Recession Into A Depression He Saw the Crash Coming: What Gary Shilling Sees for
2009 Yes, Shilling’s using
the d for depression word so If video unavailable , here for avi rendering SCROOGE
BIDEN: ECONOMY IS 'ABSOLUTELY TANKING' Previously,
recession/depression level 554,000 new unemployment claims (I’m sure in
reality, far worse but still bad) pre-Christmas so wait till the post-Christmas
numbers are out – nowhere to hide those but they’ll try. Motek
scraping bottom of barrel for second day in a row and comes up with another
land-of-fruits-and-nuts man, the senile wedbush who discusses his comrade
madeoff with other peoples money, poo-poos the purported amount, says market
not doing badly considering the dismal news (at least he is lucid enough to
realize dismal - market should be between 2,000 to 5,000 on the DOW, 500-600 on
S&P, 1,100 to 1,300 on NASDAQ based upon the dismal but real and probably far
worse than reported data) and points to auto scenario, oil plunge, and madoff
fraud for doldrums. Oil analyst says pressure on commodities generally,
liquidation on expiration of January (2009) oil contracts and liquidation of
positions, but February (2009) contracts back to $40+ rather quickly, and
points to decreased current and prospective refinery capacity on thin to low
margins. A
Most Desperate Move by the Fed Dollar’s Slump Erases Months Of Solid Gains “The Biggest Bubble Of All . . . U.S. Government Debt” Video:
Crash Will be Worse than Great Depression Editorial: What ails global financial system ‘The $50 billion investment fraud to which
the respected New York financier and former NASDAQ Chairman Bernard L. Madoff
has allegedly confessed, may prove to be the paradigm for all that has gone
wrong with the international financial system. It points up the greed,
incompetence and woeful wishful thinking that have all combined to produce
economic meltdown and plunge the world into recession. Most staggering is the
stupidity of both regulators (and government corruption/venality vis-à-vis wall
street) and professional investors in failing to spot that for at least a
decade, at the heart of his hedge fund operations, Madoff was running a pyramid
scheme. This relied on new investment funds to pay out market-beating returns
to existing investors…..’ THIS IS
WALL STREET EVERY DAY WITH THEIR EATING AWAY AT OTHER PEOPLES MONEY TO THE TUNE
OF HUNDREDS OF MILLIONS OF DOLLARS A DAY (BILLIONS A YEAR AND NOW BILLIONS IN
TAXPAYER BAILOUT FUNDS FOR THEIR FRAUD) BASED ON NOTHING BUT BULL S**T AND
FRAUD! U.S.
Records Huge Current Account Deficit Fed unleashes
greatest bubble of all Canadian Prime Minister Stephen Harper believes a
depression is COMING Peter
Schiff new VIDEO on the Coming Collapse Dec 16 Swiss gold bullion in huge demand as trust in banks dives
Goldmine
Sachs: Bank’s bonuses cut to a ‘mere’ £142,000 EACH Investment bank
/taxpayer bailout funds recipient Goldman Sachs is to pay £4.3billion in
bonuses to its City workers. Dollar Falls Most Against Euro Since 1999 Debut on Fed’s
Rate Dollar Declines to 13-Year Low Against Yen After Fed Rate
Cut Federal
spending soars 25% -- even before bailout... Previous, building permits declining 15.6% to a
seasonally adjusted annual rate of 616,000 (below the consensus of 700,000 ), housing starts data for
November declined 18.9% from the prior month to an annualized rate of 625,000
units, which was below the consensus of 736,000 and are 47% below the year-ago
level, fed desperation (they don’t know what they’re doing – remember their
pronouncement -no recession- when we were already in one), Weimar dollar down
sharply, Federal Reserve sets stage for Weimar-style
Hyperinflation , etc., so sell
into these suckers bear market rallies/strength/take profits while you can
since much, much worse to come. Economist Brusca “ the economy is sinking fast”, FOMC states that “data indicate deteriorating labor conditions and
declining consumer spending, business investment, and industrial production,
and the outlook for economic activity has weakened further”, F. William Engdahl “The US economy is in a depression free-fall of a
scale not seen since the 1930’s”, Kellner cites
‘helicopter ben’ (bernanke), BILLIONS
VANISH IN EPIC HEDGE FUND FRAUD Downturn Spurs “Survival Panic” for Some in the U.S. Motek
Experts: Art Hogan more realistically candid than
usual cites all bad news, very difficult times, near term lows but no recovery
for economy, hope is that second half of 2009 is better than first half (NOT!),
cites lost decade in Japan with 0% interest rates, negative growth through
fourth quarter 2009, longest recession (depression) in modern times, market
hopefully better in second half of 2009 anticipating better 2010 (NOT!),
bottoming of energy/commodities, worth looking at consumer goods/staples
focused on what you need versus what you want; economist points to bankruptcies
up, housing starts down; Zandi of Moody’s
says not getting better but worse, most credit card holders will not benefit
from rate cut ; currency expert says interest
rate cuts increasingly irrelevant, fed buying bonds driving asset prices higher
and displacing private sector with prospectively negative results; and
finally, Peter Shiff cites fed action as irresponsible, destroying value of
money, bear market, money not worth anything, negates any rise in paper
dollar-denominated securities (SELL), says buy gold because of u.s.
hyperinflation. Previous, news worse than bad and to get much worse but full
moon manifest on lunatic asylum for the criminally insane wall street. More banks reveal Madoff exposure The
‘while you can’ part of sell/take profits manifests and will worsen Citadel suspends redemptions from two
hedge funds Stupidity not limited to u.s. where fraud is
rampant Geneva banks lost more than $4 billon
to Madoff: report This modest retreat and previous suckers
bearmarket rally on bull s**t alone with familiar mantra still ringing today;
viz., everything but the facts: forget the layoffs Coming soon to U.S., 1 million jobs lost every month: Report , forget the foreclosures Foreclosure
Storm Will Hit US in 2009 as Loan Changes Fail Bloomberg
, forget declining retail sales Retail
sales post big drop in November , forget the $1 trillion
record budget deficit , trade deficits, worthless fraudulent securities, lower
earnings/guidance/outlook, the topic (b.s. talking point) de jour for the
lunatic (yes, full moon) frauds on wall street is bailouts, bailouts, bailouts
(not to mention there’s no real money to pay for same – print/create more
worthless Weimar dollars – hyperinflationary Federal Reserve sets stage for Weimar-style
Hyperinflation – even now despite fake reports and worse
to come), and from well respected wall street fraud madoff, "it's all just
one big lie" and that it was "basically, a giant Ponzi scheme,"
which is fraudulent wall street in a nutshell. Madoff fraud case raises questions
about SEC (AP) and even bigger questions about fraudulent
wall street and their washingtonian/federal/state facilitators. Builders sentiment reading at 9 (anything less than 50 is
negative/pessimistic). Motek’s legal expert
correctly points to funds problems with meeting redemptions and paraphrases
J.P. Morgan’s immortal words concerning investing by saying as is particularly
relevant now, It’s not return on investment, but return of investment (that
really counts). Banks hit worldwide by US 'fraud'
. How are these frauds not being
prosecuted and forced disgorgement and preposterously getting taxpayer dollars?
Prosecute and throw them in jail and make them cough up their stolen
multi-billion spoils. Not just super rich caught up in $50B Madoff case
. The previous suckers bear market rally
was/is based on bull s**t alone; namely, now it’s the prospective
bailouts/spending programs with money that does not really exist (print/create
more, borrow more, etc.). 1) Keynesian economics (government stimulus)
does not work when a defacto bankrupt nation becomes more bankrupt to bailout
frauds/perpetrators/creators of the problem and to create make-shift purported
infrastructure jobs to enhance consumption 2) Inherent structural problems,
i.e., trade/budget deficits will continue unabated and in the case of the
latter, substantially increase – deeper hole 3) While spending on infrastructure
is warranted, there is no productive enhancement in economic terms as in less
modern times when, i.e., national highway system, etc., enhanced GDP growth and
productivity. US Depression Likely -The Truth Is Here , Coming soon to U.S., 1 million jobs lost every month: Report , America Has No Means to Recover from a Depression FARRELL’S 15 GHOSTS OF WALLSTREET/ECONOMIC
PAST/PRESENT/FUTURE Home values to lose well over $2 trillion during 2008: Zillow
Homes in the United States have lost trillions of dollars in
value during 2008, with nearly 11.7 million American households now owing more
on their mortgage than their homes are worth, real estate website Zillow.com
said on Monday. ( Remember: more contrived wasteful
commissions to the wall street frauds, the level and percentage of which MUST
be examined in light of computerization and decreased costs attendant to same
especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A
Net Positive For The Economy (New Investment Capital via, ie., ipo’ S), The Rest Is
Tantamount To A (Economically) "Wasteful Tax" (On The Economy) via
'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the
perpetrators of the massive securities fraud are actually going toward
multibillion dollar bonus/compensation packages.
. How are these frauds not being prosecuted and forced disgorgement
and preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , especially since none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved; hence, virtually all problems
remain and there is but an infinitesimally small fraction of the capital and
resources necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., so
SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH
WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face
second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits…
585 on the S&P 500 (versus today's frothy 879) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Billion-Dollar
Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 BILLIONS
VANISH IN EPIC HEDGE FUND FRAUD All news worse than bad and to get much
worse but full moon manifest on lunatic asylum for the criminally insane wall
street. More banks reveal Madoff exposure The
‘while you can’ part of sell/take profits manifests and will worsen Citadel suspends redemptions from two
hedge funds Stupidity not limited to u.s. where fraud is
rampant Geneva banks lost more than $4 billon
to Madoff: report This modest retreat and previous suckers
bearmarket rally on bull s**t alone with familiar mantra still ringing today;
viz., everything but the facts: forget the layoffs Coming soon to U.S., 1 million
jobs lost every month: Report , forget the foreclosures Foreclosure
Storm Will Hit US in 2009 as Loan Changes Fail Bloomberg
, forget declining retail sales Retail
sales post big drop in November , forget the $1 trillion
record budget deficit , trade deficits, worthless fraudulent securities, lower
earnings/guidance/outlook, the topic (b.s. talking point) de jour for the
lunatic (yes, full moon) frauds on wall street is bailouts, bailouts, bailouts
(not to mention there’s no real money to pay for same – print/create more
worthless Weimar dollars – hyperinflationary – even now despite fake reports
and worse to come), and from well respected wall street fraud madoff,
"it's all just one big lie" and that it was "basically, a giant
Ponzi scheme," which is fraudulent wall street in a nutshell. Madoff fraud case raises questions
about SEC (AP) and even bigger questions about fraudulent
wall street and their washingtonian/federal/state facilitators. Builders sentiment reading at 9 (anything less than 50 is
negative/pessimistic). Motek’s legal expert
correctly points to funds problems with meeting redemptions and paraphrases
J.P. Morgan’s immortal words concerning investing by saying as is particularly
relevant now, It’s not return on investment, but return of investment (that
really counts). Banks hit worldwide by US 'fraud'
. How are these frauds not being
prosecuted and forced disgorgement and preposterously getting taxpayer dollars?
Prosecute and throw them in jail and make them cough up their stolen
multi-billion spoils. Not just super rich caught up in $50B Madoff case
. The previous suckers
bear market rally was/is based on bull s**t alone; namely, now it’s the
prospective bailouts/spending programs with money that does not really exist
(print/create more, borrow more, etc.). 1) Keynesian
economics (government stimulus) does not work when a defacto bankrupt nation
becomes more bankrupt to bailout frauds/perpetrators/creators of the problem
and to create make-shift purported infrastructure jobs to enhance consumption
2) Inherent structural problems, i.e., trade/budget deficits will continue
unabated and in the case of the latter, substantially increase – deeper hole 3)
While spending on infrastructure is warranted, there is no productive
enhancement in economic terms as in less modern times when, i.e., national
highway system, etc., enhanced GDP growth and productivity. US Depression Likely -The Truth Is
Here , Coming soon to U.S., 1 million
jobs lost every month: Report , America Has No Means to Recover
from a Depression FARRELL’S 15 GHOSTS OF WALLSTREET/ECONOMIC
PAST/PRESENT/FUTURE Home values to lose well over $2
trillion during 2008: Zillow Homes in the United States have
lost trillions of dollars in value during 2008, with nearly 11.7 million
American households now owing more on their mortgage than their homes are
worth, real estate website Zillow.com said on Monday. ( Remember:
more contrived wasteful commissions to the wall street frauds, the level and
percentage of which MUST be examined in light of computerization and decreased
costs attendant to same especially since only AN EXTREMELY Small Fraction Of
What wall street Does Is A Net Positive For The Economy (New Investment Capital
via, ie., ipo’ S),
The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The
Economy) via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the
perpetrators of the massive securities fraud are actually going toward
multibillion dollar bonus/compensation packages.
. How are these frauds not being prosecuted and forced disgorgement
and preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , especially since none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved; hence, virtually all
problems remain and there is but an infinitesimally small fraction of the
capital and resources necessary to solve them thanks to fraud, incompetence,
lack of knowledge/ability, greed, etc., so
SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH
WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face
second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits…
585 on the S&P 500 (versus today's frothy 879) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Billion-Dollar
Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Previous
session, modest decline relative to reality so still great opportunity to
sell/take profits since much,
much worse to come! All news decisively bad and much worse than expected with trade deficit up 1.1% , dollar
down, unemployment claims up 573,000 a 26 year high, 28% increase in
foreclosures, bailout recipient BofA to cut 35,000 jobs, many other prospective
job cuts announced, economic group changes previous forecast to worse/long
recession , Bernard Madoff arrested over alleged $50
billion fraud Madoff told senior employees of his firm on
Wednesday that "it's all just one big lie" and that it was basically,
a giant Ponzi scheme (the fraudulent wall street story in
a nutshell) , BANK OF AMERICA to cut 35,000
jobs... , ...final could be
higher , Shocking but
true claim: Most big banks 'bankrupt'... , New unemployment claims surge unexpectedly ,
Ron
Paul: Printing Money Only Prolongs The Pain Amidst the hand-wringing of the
automaker bailout debate, Ron Paul took the opportunity on the House floor
yesterday to remind Congress that the real culprit behind the financial crisis
is the Federal Reserve, and that allowing the Fed to continue to print money
without audit will only prolong the pain. ,
US budget
deficit to reach USD 1 trillion , Jim
Rogers calls most big U.S. banks “bankrupt” Jim Rogers, one of
the world’s most prominent international investors, on Thursday called most of
the largest U.S. banks “totally bankrupt,” and said government efforts to fix
the sector are wrongheaded. CORRECTED -
CORRECTED-(OFFICIAL)-UPDATE - Wells Fargo to take $40 bln Q4 cha rge , German
FM criticises Britain’s ‘crass Keynesian’ policies: report and read again previous session, forget the layoffs Coming soon to U.S., 1 million
jobs lost every month: Report , forget the foreclosures Foreclosure
Storm Will Hit US in 2009 as Loan Changes Fail Bloomberg
, forget declining retail sales Retail
sales post big drop in November , forget the $1 trillion
record budget deficit , trade deficits, worthless fraudulent securities, lower
earnings/guidance/outlook, the topic (b.s. talking point) de jour for the
lunatic (yes, full moon) frauds on wall street is bailouts, bailouts, bailouts
(not to mention there’s no real money to pay for same – print/create more
worthless Weimar dollars – hyperinflationary – even now despite fake reports
and worse to come) , suckers
bear market ralley to keep the suckers sucked in so great opportunity
to sell/take profits since much,
much worse to come! This suckers
bear market rally is based on bull s**t alone; namely, now the prospective
bailouts/spending programs with money that does not really exist (print/create
more, borrow more, etc.). 1) Keynesian economics (government stimulus)
does not work when a defacto bankrupt nation becomes more bankrupt to bailout
frauds/perpetrators/creators of the problem and to create make-shift purported
infrastructure jobs to enhance consumption 2) Inherent structural problems,
i.e., trade/budget deficits will continue unabated and in the case of the
latter, substantially increase – deeper hole 3) While spending on
infrastructure is warranted, there is no productive enhancement in economic
terms as in less modern times when, i.e., national highway system, etc.,
enhanced GDP growth and productivity. US Depression Likely -The Truth Is
Here , Coming soon to U.S., 1 million
jobs lost every month: Report , America Has No Means to Recover
from a Depression ( Remember: more contrived wasteful
commissions to the wall street frauds, the level and percentage of which MUST
be examined in light of computerization and decreased costs attendant to same especially
since only AN EXTREMELY Small Fraction Of What wall street Does Is A Net
Positive For The Economy (New Investment Capital via, ie., ipo’ S),
The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The
Economy) via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer
bailout funds for the perpetrators of the massive securities fraud are actually
going toward multibillion dollar bonus/compensation packages. . How are these frauds not being prosecuted and forced disgorgement and
preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , especially since none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved; hence, virtually all
problems remain and there is but an infinitesimally small fraction of the
capital and resources necessary to solve them thanks to fraud, incompetence,
lack of knowledge/ability, greed, etc., so
SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH
WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face
second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits…
585 on the S&P 500 (versus today's frothy 848) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Billion-Dollar
Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Previous,
modest decline relative to reality so still great time to sell/take profits
since much, much worse to come. Wall Street stung by risk-aversion and realistically
bleak outlooks , Point of no return: Interest on T-bills hits zero
, Tightening Budgets Mean a Rough Ride for IT
, FIRST TIME:
Treasury Bills Trade at Negative Rates... . Previous, suckers
bear market rally based on bull s**t alone; namely, now the prospective
bailouts/spending programs with money that does not really exist (print/create
more, borrow more, etc.). 1) Keynesian economics (government stimulus)
does not work when a defacto bankrupt nation becomes more bankrupt to bailout
frauds/perpetrators/creators of the problem and to create make-shift purported
infrastructure jobs to enhance consumption 2) Inherent structural problems,
i.e., trade/budget deficits will continue unabated and in the case of the
latter, substantially increase – deeper hole 3) While spending on
infrastructure is warranted, there is no productive enhancement in economic
terms as in less modern times when, i.e., national highway system, etc.,
enhanced GDP growth and productivity. US Depression Likely -The Truth Is
Here , Coming soon to U.S., 1 million
jobs lost every month: Report , America Has No Means to Recover
from a Depression ( Remember: more contrived wasteful
commissions to the wall street frauds, the level and percentage of which MUST
be examined in light of computerization and decreased costs attendant to same
especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A
Net Positive For The Economy (New Investment Capital via, ie., ipo’ S),
The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The Economy)
via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer
bailout funds for the perpetrators of the massive securities fraud are actually
going toward multibillion dollar bonus/compensation packages. . How are these frauds not being prosecuted and forced disgorgement and
preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , especially since none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved; hence, virtually all
problems remain and there is but an infinitesimally small fraction of the
capital and resources necessary to solve them thanks to fraud, incompetence,
lack of knowledge/ability, greed, etc., so
SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO
COME. Renowned economist Mikhail Khazin : U.S. will soon face
second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits…
585 on the S&P 500 (versus today's frothy 848) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Billion-Dollar
Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Previous
suckers’ bear market rally on far worse than expected and particularly
significant bad news provides great opportunity to sell/take profits,
especially considering fraudulent wall street’s previous modus operandi to keep
suckers sucked into this market and their commission dollars flowing, suckers’
rallies into the close, reassuring rallies prior to weekends as this despite
unexpectedly bad news as today, etc., which frauds perpetrated the yet
unprosecuted crimes that have created this current financial debacle. Record 1.33 homes in
foreclosure,15 year high for unemployment at 6.7% even as many no longer
looking with things so depressed and worse to come in ’09, record level
deficits both trade and particularly budget with money not there being spent
with abandon (worthless Weimar dollars being printed created like mad which is
and will continue to be hyperinflationary regardless of the current fake
reports). Motek has actor/speculator/entertainer/sometimes economist Ben Stein
points to loans in foreclosure hitting new records, paulson misconduct, lack of
oversight/accontability in bailout funds, and the seriousness of the crisis,
but his pointed barbs seem fleeting and is most memorable by his somewhat blind
adherence to policy as indicated by
his criticism of Peter Shiff for warning of this debacle years ago . Motek’s
oil analyst says economy so bad that oil demand down, significant recession in
2009, and hedge funds liquidating positions putting pressure on oil prices.
Finally, Motek elicits from Peter Shiff that jobs created are being destroyed
as fast, phony jobs, bear market and government making worse by digging deeper
hole, phony (worthless Weimar) dollar rally provides opportunity to get out
with hyperinflation to come. GREAT OPPORTUNITY TO SELL INTO THIS SUCKERS’ BEAR MARKET
RALLY/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME. 3 Tell Tale Signs Of This Sucker Rally ,
Half-million jobs vanish as economy deteriorates (AP)
, Job losses worst since 1974 Employers cut 533K jobs in Nov.,
most in 34 years , Late mortgage payments and foreclosures hit record
, 1 in 10 homeowners
behind on mortgage payments, or in foreclosure...
, Wall St financiers party like
there's no tomorrow -- literally WHERE ARE THE CRIMINAL PROSECUTIONS AND
DISGORGEMENT? It’s been wall
street frauds’ nirvana (commissioning a huge decline then a huge incline) at
just a program loop, button push, mouse click away. Previous session,
modest declines relative to reality SO STILL GREAT OPPORTUNITY TO SELL INTO SUCKERS’ BEAR MARKET
RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME.
CELENTE OF trendsresearch.com, having predicted the Panic of 2008 now preparing
current prognostications for 2009 which will bear the consequential follow-up
title to the Panic of 2008; namely, The Collapse of 2009, further stating
there’s nothing they’ve done or prospectively can do to avoid the complete
economic/financial collapse in the u.s., the seeds for which have already been
sown, good money after bad notwithstanding, the die having been cast. All business/financial/economic news
decisively bad; 26 year high for jobless rolls, orders to factories down
sharply, job cuts current and prospective up sharply. Motek expert comments on
auto bailout saying
no new concesions with UAW cuts merely cosmetic, just down payment on failed
business model/scenario, bankruptcy necessary as costs too high, and on economy
says nation to go deeper into recession owing to intactable structural
problems; i.e., deficits, etc.. Another Motek expert says very negative
economic environment, sees deepening of more prolonged recession, discusses
risk tolerance in such an environment recommending highest quality debt
instruments but does note risk premium in lesser quality instruments . Food stamp use up 17% to 1 in 10 citizens, bankruptcies soaring, and
re-default rates on mortgages rising. Employers
shedding jobs as recession deepens , AP
IMPACT: Some bailout holdings down $9 billion , Governments
brace for long crisis ahead , High
inventory is killing home builders; industry asks for help , It's
Not a Great Time to Get Into Stocks , Long
Term Investors Should Avoid Leveraged ETFs , Fixing
the Enron Economy , US
FEDERAL RESERVE to buy US DEBT? WITH WHAT? , Prepare For
Depression Level Unemployment , Record
number of Americans using food stamps: report , Whether
We End Up Paying For It Through Taxes Or Hyperinflation, It Will Still Come Out
Of Our Pockets , Corporate
Debt Protection Costs Climb Amid Depression Concern , Shoppers ready to
call it quits MarketWatch | More
than one-third of consumers chose not to shop at all last month, except on
Black Friday, according to Britt Beemer of America’s Research Group. Lawsuit
claims Citigroup was running a “quasi-Ponzi scheme” Bloomberg | Citigroup Inc., the second-biggest U.S. bank by
assets, was accused in a lawsuit of repackaging unmarketable collateralized
debt obligations it held and re-selling them to itself in order to hide its
exposure to the securities. WHERE ARE THE CRIMINAL
PROSECUTIONS AND DISGORGEMENT? Previously, suckers’
bear market rally into the close on bad news with wall street frauds’ nirvana (commissioning a huge
decline then a huge incline) at just a program loop, button push, mouse click
away. Indeed, all news still realistically and
decisively (and some deceptively otherwise spun to keep suckers suckered)
bad: A
Bleak Outlook: Nov. Job Loss at 250,000, Economic Weakness ,
US, China
currency clash over worthless american currency... , 61%
oppose auto bailout ,
Meredith Whitney Sees Plenty of Pain Ahead for Consumers
(at BusinessWeek) , Desperate
Times, Desperate Policies ) . One non-Motek expert says these suckers’ bear
market rallies on bad news are at best wishful thinking and not sustainable
along with realistically dire outlook. Motek expert
says market for speculators/traders and points to volatility index while
failing to point out that there are very, very few successful traders. [ Close inspection of the data in past times far better than
now (now we see insurmountable trade/budget deficits, lack of manufacturing
base, global antipathy, etc.) disavows such heavily promoted failed strategies
as dollar-cost averaging where stocks prices remain artificially (now
fraudulently) high for far longer periods of time than lower prices (MBA
Thesis, Albert L. Peia, NYU GBA, 1977), limited exceptions being ie.,
dollar-cost averaging in declining markets, but only when analysis indicates
under-valuation in prospective terms which is certainly isn’t the case now of
rampant over-valuation/fraud ]. ( Remember: more contrived wasteful
commissions to the wall street frauds, the level and percentage of which MUST
be examined in light of computerization and decreased costs attendant to same
especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A
Net Positive For The Economy (New Investment Capital via, ie., ipo’ S), The Rest Is
Tantamount To A (Economically) "Wasteful Tax" (On The Economy) via
'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the
perpetrators of the massive securities fraud are actually going toward
multibillion dollar bonus/compensation packages.
. How are these frauds not being prosecuted and forced disgorgement
and preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , especially since none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved; hence, virtually all
problems remain and there is but an infinitesimally small fraction of the
capital and resources necessary to solve them thanks to fraud, incompetence,
lack of knowledge/ability, greed, etc., so
SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO
COME. Renowned economist Mikhail Khazin : U.S. will soon face
second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits…
585 on the S&P 500 (versus today's frothy 848) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Billion-Dollar
Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 , Auditors Fault Oversight of
Bailout Funds... Previous suckers’ bear market rally in the last
minutes of the close on bad news with wall street frauds’ nirvana (commissioning a huge decline then a huge
incline) at just a program loop, button push, mouse click away. Indeed, all news still realistically and decisively (and
some deceptively otherwise spun to keep suckers suckered) bad: GE lowers
guidance but maintains dividend , November US auto sales drop to 26-year low
, Data signal deep
global downturn Financial Times , US manufacturing
hits 26-year low: ISM . How are these frauds not being prosecuted
and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , especially since none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved; hence, virtually all
problems remain and there is but an infinitesimally small fraction of the
capital and resources necessary to solve them thanks to fraud, incompetence,
lack of knowledge/ability, greed, etc., so
SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO
COME. Renowned economist Mikhail Khazin : U.S. will soon face
second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits…
585 on the S&P 500 (versus today's frothy 848) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Billion-Dollar
Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 , Auditors Fault Oversight of
Bailout Funds... , Governors to Seek Up to $100B
in Social Aid... ,
Feds to expand rescue;
reviewing applications from 'hundreds of banks'...
FDIC head: Gov't plan needs
'exit strategy'... , Metal prices fall further
than during Great Depression... , they’re printing and spending
worthless Weimar dollars and taxpayer funds like mad because they are mad as in
crazy, incompetent, etc..
Previous session sees modest drop relative to reality [SO
SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO
COME ] , particularly when you factor
in the reality that the prior 5 day rally of 1,300 points into the last trading
week of the month (much like the end of the prior month) based on bull s**t
alone was a typical fraudulent wall street programmed trade fraud to window
dress the monthly numbers and keep suckers sucked in (and besides, they’ll get
their commissions again on the way down). Upon the formal announcement that
we’ve been in recession since DECEMBER, 2007 I was waiting for Amy Poehler of
SNL Weekend Update to say, “REALLY!” [this site has reported/predicted this
(these) debacle (s) for far longer and in advance of same, including this
recession/depression]. The protracted reluctance (election year expedience) for
some to use the R(ecession) word, spun in the most positive way is to say it is
because this scenario is far worse than even would befit the D(epression) word
in light of the fact that the u.s. like never before in its relatively short
history is broke in every way. If you’ve been suckered, it’s not all your fault
inasmuch as the enablers (politicians, economists, financial experts,
news/media, etc., in receipt of substantial largesse from and) of these
vegetable garden (poison ivy league schools, these “elite” clubs/frats, etc.)
products (vegetables who not only have never done
anything requiring skills or measurable results, but merely are master bull
s**t artists and as in the case of wall street, criminal frauds) are similarly
incompetent, corrupt/venal. After all, how are these frauds not being prosecuted
and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , especially since none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved; and hence, virtually all
problems remain and there is but an infinitesimally small fraction of the
capital and resources necessary to solve them thanks to fraud, incompetence,
lack of knowledge/ability, greed, etc.. Motek’s expert cites retail liquidation
prices (none to minimal profits, at best), inevitable GM bankruptcy, fed
programs done with money out the door to little or no effect and now talking
new programs…riiiiight…or, with rate at 1%, more rate cuts…riiiiight, big
shake-out to come, credit-card co’s to pull back $2 trillion to survive what’s
coming, retailers with big real estate exposure bust, and market will test lows
then break through said lows to the downside. There was in addition to the
‘recession’ announcement more dismal news with construction down 1.2% and the
supply/management manufacturing index at 26 year lows. I derive no pleasure in
being a harbinger of bad but true news but reiterate SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN AS
THESE ARE STILL GREAT OPPORTUNITIES TO SELL/TAKE PROFITS SINCE MUCH, MUCH
WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face
second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits…
585 on the S&P 500 (versus today's frothy 816) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Billion-Dollar
Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Dow plunges on news recession began in Dec. 2007 (AP) , Down we go again: Fourth-worst drop ever for Dow , Recession
declared; Wall Street tanks , Fourth-worst
drop ever for Dow AP… as wall street snapped out of its daydream of a rally
and once again faced the harsh reality… Report
Concludes Recession Began A Year Ago | But the White House and the
corporate media consistently continued to state otherwise. Previous session, this suckers’ bear market ralley remains an
especially great opportunity to sell/take profits while you still can since
much, much worse to come (sell into purported strength which is just more bull
s**t for prospective churn and earn fraud – they’ll get those commissions again
on the way down) IMF
economist says worst of crisis to come: paper 'Crisis
Only Just Beginning': Crisis/Video Right About the Crash, Peter Schiff
Sees Much More Pain Ahead and
this suckers’ bear market rally was based upon nothing related factually to finance/economics/business.
How are these frauds not being prosecuted and forced disgorgement and
preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , none of the real problems (hundreds of
trillions of fraudulent/worthless securities, etc.) have been addressed much
less solved and hence, virtually all problems remain and
there is but an infinitesimally small fraction of the capital and resources
necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., SO SELL INTO
RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN AS THIS IS AS GREAT AN OPPORTUNITY TO SELL/TAKE PROFITS AS YOU WILL SEE SINCE
MUCH, MUCH WORSE TO COME. Indeed, all news still realistically and decisively (and some
deceptively otherwise spun to keep suckers suckered) bad: SO SELL INTO RALLIES/STRENGTH/TAKE
PROFITS WHILE YOU CAN AS THIS IS AS GREAT AN OPPORTUNITY TO SELL/TAKE PROFITS AS YOU WILL SEE SINCE
MUCH, MUCH WORSE TO COME. IMF
economist says worst of crisis to come: paper . Indeed, all news still realistically and
decisively (and some deceptively otherwise spun to keep suckers suckered)
bad: Biggest runnup in stock prices since 1932 and most know what
happened to stock prices for over a decade thereafter (and america was not
broke in every way as now), Ghost malls cropping up with retail
closures/bankruptcies, as predicted by trendsresearch.com [ CELENTE
CORRECTLY PREDICTS REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph Watson | Trend forecaster, renowned for being accurate
in the past, says that America will cease to be a developed nation within 4
years, crisis will be “worse than the great depression.” ] , Motek expert from the land of fruits
and nuts, the senile wedbush (if you had listened to his prior
prognostications/recommendations several months ago said suckers might be wiped
out by this day) lauds the bailouts (money u.s. doesn’t really have and
taxpayer money the frauds shouldn’t get) and the b.s. talking points thereby
but says workout much longer, while retail expert points to liquidation prices
(but fails to even mention lack of profits thereby), and poverty now spreading
to suburbs. Financial Disaster Will Lead to
Civil Disorder in 2009 or 2010, Says Secret Citibank Memo An
internal memo from a top Citibank analyst reveals what the banks really think
about the global financial situation, and the outlook is grim. Citigroup Should Be Held Accountable Bloomberg Food Prices Will Rise, Causing
Export Bans, Riots Bloomberg Rubin Clones and Other Fakers: The
Obama “Dream Team” Citigroup says gold could rise
above $2,000 next year as world unravels US debt triggered global crisis ‘Encouraged by a wicked wizard,
Greenspan, Bernanke toils at his Weimar dollar printing press’ . Consumer spending down
(-1%), consumer sentiment down, durable goods orders down (-6%), home
sales/prices down to new lows and high supplies, yet suckers’ bear market
market rally of 400+ points into the close nostalgically based (which got
investors burned in the past) on bull s**t alone (i.e., more bureaucrats on
more painels as per President-elect, etc.) and the so-called thanksgiving
holiday rally. $600 billion plan to support housing lending ultimately
hyperinflationary. New unemployment claims at recession level 529,000 for the
week ended Nov. 22 yet unbelievably lower than private economist estimates.
October durable goods orders plunged by a larger-than-expected amount, Chicago
manufacturing in November contracted the most since 1982 according to a
regional survey, and consumer confidence dropped to a 28 year low in November,
according to the University of Michigan. One Motek expert in a nearly senile
market moment cites pleasant market surprise (reality dictates otherwise) but
in a lucid moment concedes lengthy period to work out (substantial) problems,
while another expert (currencies) cautions the unintended consequences of
creating/printing/flooding the markets with worthless (Weimar) dollars (a
policy choice of inflation over fear of deflation) and the dollar devaluation
and ultimately hyperinflationary effects thereof. FDIC Troubled Bank List Grows to 46% - Is Your Bank
Safe? (at Seeking Alpha) , Consumers cut spending , Stocks on win streak amid more bad
economic news , Cisco plans 4-day shutdown to cut costs
, October home sales fall sharply
(Reuters) . The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
none of the real problems (hundreds of trillions of fraudulent/worthless
securities, etc.) have been addressed much less solved and hence, virtually all problems remain, will continue to remain, and
there is but an infinitesimally small fraction of the capital and resources
necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., SO GREAT OPPORTUNITY TO SELL/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH
WORSE TO COME. Federal deficit could hit $1 trillion this year
, FDIC's list of 'problem' banks swells to 171 (AP)
, Dollar falls on realistically discouraging u.s.
economic data (AP) , Third
quarter real GDP was revised to a 0.5% annual rate of decline from a previously
reported 0.3% rate which had rallied stocks and, only in the fraudulent world
of wall street, rallied stocks again though worse than expected Economy shrinks at fastest pace in seven years , Third quarter
personal consumption expenditures were revised to a worse than expected -3.7%
from -3.1%, which rallied stocks ….. riiiiight! , Consumer confidence remains at an extremely depressed state
despite fake numbers , The
S&P/Case-Shiller Home Price Index of 20 US cities fell 17.4% year over year
— most on record. 'Crisis
Only Just Beginning': Crisis/Video Right About the Crash, Peter Schiff
Sees More Pain Ahead Crisis
Only Just Beginning': Right About the Crash, Peter Schiff Sees Much More Pain
Ahead VIDEO Previously,
from the outset the wall street frauds were again determined to keep the
suckers suckered with a near 500 point rally into the close. Existing home
sales down 3.1% and much worse than expected. Motek’s expert Peter
Shiff correctly points out that the so-called policy-makers, economists,
etc., don’t know what they’re doing, that they can’t borrow (or print worthless
Weimar dollars) and spend (money they don’t have) their way out of this
debacle, that the bailout funds are merely providing undue bonuses/compensation
for failed (and fraudulent) performance, that crisis will be exascerbated with
(unavoidable) hyperinflation (inevitable thereby owing to crashing/worthless
Weimar dollar) and ultimately even deeper/worse/more protracted economic decline,
that auto industry is over-paid (especially relative to competition,
legacy/pension costs, etc.), and importantly, the government has no money so
they either have to borrow or print same which will make the economy much
worse. Cost
of Bankster Bait and Switch Now $7.4 Trillion Another expert says quick bankruptcies would have been the preferred
course for optimal results, while another emphasizes quite correctly that the so-called experts/team now cheered (wall street
frauds’ b.s. talking/rallying point) are those whose experience is having
created the very problems they are now called upon to solve (hence, cover-ups,
etc., but ineffectual). [Good management dictates that a clean sweep was
warranted]. Realize that the products of the vegetable gardens (the poison ivy
league schools producing these vegetables) are vegetables who not only have
never done anything requiring skills or measurable results, but merely are
master bull s**t artists and in the case of wall street, criminal frauds
enabled thereby. Downey Savings taken over by regulators [ Colossal
Financial Collapse: The Truth behind the Citigroup Bank “Nationalization” ]
over the weekend. Obama’s
Economic Foxes To Guard Financial Henhouse Today President elect Obama
officially introduces his economic team to the world. What many may fail to recognize
however is the fact that those tasked with rescuing the economy are the very
people who helped create the financial crisis in the first instance. CELENTE
CORRECTLY PREDICTS REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph
Watson | Trend forecaster, renowned for being accurate in the past, says that
America will cease to be a developed nation within 4 years, crisis will be
“worse than the great depression.” Budget
deficit hits record; jobless claims surge Foreclosure
rates up 25 percent year-over-year Banking crisis
claims more u.s. victims How are these
frauds not being prosecuted and forced disgorgement and preposterously getting
taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , none of the real problems (hundreds of
trillions of fraudulent/worthless securities, etc.) have been addressed much
less solved and hence, virtually all problems
remain and there is but an infinitesimally small fraction of the capital and
resources necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., SO SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN
AS THIS IS AS GREAT AN OPPORTUNITY TO SELL/TAKE PROFITS AS YOU WILL SEE SINCE
MUCH, MUCH WORSE TO COME. IMF
economist says worst of crisis to come: paper . Previous, suckers’ bear market rally was
based upon nothing whatsoever relevant to finance/economics/business , yet
again the wall street frauds were determined to keep the suckers suckered
through the weekend with a near 600 point rally into the close. All news was
decisively bad Federal regulators shut 2 California thrifts
and though looking
for a reason to rally, they found none because there are none HU: World economic situation
'grim'... , based on valuation and prospective substantial deterioration in
economic conditions exascerbated by their massive fraud; but the invented
reason for the suckers’ rally was the appointment of Geithner, a quintessential
bureaucrat ultimately dependant upon other bureaucrats who are dependant upon
the very corrupt monied interests/frauds (and their lobbyists) who created
(through their crimes) the current financial crisis. Moreover, as head of the
N.Y. Fed he is no stranger to cover-ups/bailouts in light of the missing/unaccounted
for $4+ TRILLION at the N.Y. Fed $4
trillion plus is missing through U.S. federal agency accounts managed by the NY
Fed . Renowned economist Mikhail Khazin :
U.S. will soon face second “Great Depression” , Grantham
(who called the bubble) posits… 585 on the S&P 500 (versus today's frothy
852) There
is more hurt in store for the U.S. equity markets. If you are still thinking of
riding this one out, consider Japan. Japan's Nikkei 225 is our window into the
future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A
similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink
To 5,000 The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , none of the real problems (hundreds of
trillions of fraudulent/worthless securities, etc.) have been addressed much
less solved and hence, virtually all problems remain
and there is but an infinitesimally small fraction of the capital and resources
necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., so great opportunity to sell/take profits while you can since much, much
worse to come. Leading economic indicators fall again a more than
expected .8% , new claims for unemployment a high more than
expected 542,000 while continuing claims at 4,000,000 a 16 year high and more
than expected, Philly Fed Index down to a worse than
expected –39 . Jobless Claims Hit 16-Year High,
Above Forecast Congress extends jobless benefits; stocks fall 400
World stocks down amid reality of deep recession (AP)
CELENTE CORRECTLY PREDICTS
REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph Watson | Trend forecaster, renowned for being
accurate in the past, says that America will cease to be a developed nation
within 4 years, crisis will be “worse than the great depression.” Budget deficit hits record; jobless claims surge Foreclosure rates up 25 percent year-over-year
Banking crisis
claims more u.s. victims How are these frauds not being prosecuted
and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , none of the real problems (hundreds of
trillions of fraudulent/worthless securities, etc.) have been addressed much
less solved so sell into rallies/strength/take profits while you can since
much, much worse to come. Previous
session, modest losses relative to reality to keep the suckers’ suckered
especially in light of grim economic/business/financial news so still great
opportunity to sell/take
profits while you can since much, much worse to come . Housing
starts down a record 38%, building permits down 14.5%, and outlook grim. Motek’s
expert discusses 30 reasons for Great Depression 2 by 2011 citing completion of
first wave of the meltdown-dot.com bust, second wave-sub-prime debacle, and the
on-going climactic financial/economic meltdown pointing to the 42,000
lobbyists, autos, etc., saying they just don’t get it, while another expert
analyst says new lows across the board having broken through support levels. Motek’s p.r.
expert says auto execs flying to d.c. in private jets to beg for taxpayer money
bespeaks their stupidity, and his travel expert discusses the newly value-conscious
consumer. Fed
sharply lowers forecasts, hints of rate cut which ploy previously sparked b.s.
suckers’ bear market rallies based upon nothing at all but reality says with
only a point to zero and much worse to come is just plain b**l s**t . Deflation: Here, Now I’ve been warning
of deflation for some time. Specifically, I predicted 1 1/2 to 2 years of
deflation, followed by hyperinflation. Well, deflation is here.“Slush fund” … “Banana Republic” …
“Keystone Kops.” Technical Economic Indicators
Worsening Again Deflation: Here, Now I’ve been warning of
deflation for some time. Specifically, I predicted 1 1/2 to 2 years of deflation,
followed by hyperinflation Previous
suckers’ bear market rally into the close with 300+ point swing to the upside
[wall street frauds’ nirvana commissioning a huge decline then a huge incline
just a program loop, button push, mouse click away] into the close to keep the
suckers suckered as the lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , none of the real problems (hundreds of
trillions of fraudulent/worthless securities, etc.) have been addressed much
less solved and hence, virtually all problems remain
and there is but an infinitesimally small fraction of the capital and resources
necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., so great opportunity to sell/take profits while you can since much, much
worse to come. Homebuilder reality-based sentiment index plunges to
record low Economy so bad commodity prices plunge along
with PPI. Grantham (who called the bubble)
posits… 585 on the S&P 500 (versus today's frothy 859) There is more
hurt in store for the U.S. equity markets. If you are still thinking of riding
this one out, consider Japan. Japan's Nikkei 225 is our window into the future.
From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar
correction in the U.S. would translate into Dow 2,500. , Forecasters: U.S. in at least, unrealistically
optimistically, minimum 14 month recession The Great Depression of the 21st Century: Collapse of the
Real Economy “The Dollar Standard Is Coming To
An End” Financial Crisis Tab Already In The Trillions... Busted
in Washington Housing starts expected to hit
half-century low Washington
is Powerless to Stop the Coming Economic Depression Whitehead
sees slump worse than Depression Dollar’s Days Numbered, Buy Commodities: Jim Rogers
America’s economic crisis is beyond the reach of
traditional solutions U.S.
Retail Sales Drop in October by Most on Record . (Banker Bailout Costs $5 Trillion So Far ), (Analysts Predict Hyper-Inflation To Push Gold To $2000, Oil
to $300 Within Months ), (Soros says deep recession inevitable, depression likely ),
CELENTE CORRECTLY PREDICTS
REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph Watson | Trend forecaster, renowned for being
accurate in the past, says that America will cease to be a developed nation
within 4 years, crisis will be “worse than the great depression.” Budget deficit hits record; jobless claims surge Foreclosure rates up 25 percent year-over-year
Banking crisis
claims more u.s. victims How are these frauds not being prosecuted
and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street
frauds’ desperation linked to their substantial crimes and booty which must be
disgorged through prosecution , none of the real problems (hundreds of
trillions of fraudulent/worthless securities, etc.) have been addressed much
less solved so sell into rallies/strength/take profits while you can since
much, much worse to come. 53,000 layoffs from
Citigroup, and many more announced and may more to come from a multitude of
companies to yield predicted 8-10% unemployment (conservative-some higher).
Motek in a somewhat philosophical mood cites blue chips as cow chips (cow pies,
manure, etc.), while his expert joins the metaphysical fray quoting ‘to save
man from his folly is to people the world with fools’ and goes on to say
everything looking bad, things are not good, how long the deep recession-don’t
know, not there yet; while another expert says things have gone from bad to
worse. Indeed, one
expert says US To Lose Its ‘AAA’ Rating/face
default/bankruptcy, while Motek’s expert says market
poised to test new lows, points to uncertainty regarding bailout
equivocation/changes and talks up, in a somewhat borderline senile fashion,
some beaten down stocks on theory government will bail them out…riiiiight!
Another Motek expert, actor/speculator/economist Ben Stein says hanky panky
Paulsen perjured himself before congress and should be prosecuted, points to
incompetence regarding bailout saying couldn’t have been handled worse and not
mentally up to it. One
Aspect of the Massive (Securities) Fraud/Fraudulent Wealth Transfer is Aptly
Described/Illustrated in this Comment , [ how are these frauds
not being prosecuted and forced disgorgement and preposterously getting taxpayer
dollars? The lunatic wall street frauds’ desperation linked to their
substantial crimes and booty which must be disgorged through prosecution ,
none of the real problems (hundreds of trillions of fraudulent/worthless
securities, etc.) have been addressed much less solved], Renowned economist Mikhail Khazin :
U.S. will soon face second “Great Depression” , Grantham (who called the
bubble) posits… 585 on the S&P 500 (versus today's frothy 852) There
is more hurt in store for the U.S. equity markets. If you are still thinking of
riding this one out, consider Japan. Japan's Nikkei 225 is our window into the
future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A
similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink
To 5,000 The immortal words of J.P.Morgan remain apposite as ’ it is
not so much the return on the money as it is the return of the money’ , so sell/take profits while you can and
preserve capital. Previously modest losses relative to
reality with rally/programmed trades to the upside into the close to finish off
substantially lower lows to keep the suckers’ suckered despite grim
economic/business/financial news so still great opportunity to sell/take profits while you can since much, much
worse to come . America is now a nation of bank holding companies (to
take advantage of involuntary taxpayer bailouts), paper hanging wall street
frauds (it’s the worthless multiplicity of securitized and heavily commissioned
worthless paper that is the problem), and brazened ponzi’s (sic) (more, more,
and more funds to keep their commission ball rolling) on wall street; and of
course, their marks. Banking crisis
claims more u.s. victims How are these
frauds not being prosecuted and forced disgorgement and preposterously getting
taxpayer dollars? The lunatic
wall street frauds’ desperation linked to their substantial crimes and booty
which must be disgorged through prosecution , none of the real problems
(hundreds of trillions of fraudulent/worthless securities, etc.) have been
addressed much less solved so sell into rallies/strength/take profits while you
can since much, much worse to come. Previous
suckers’ bear market rally/programmed trades to the upside into the close to
keep the suckers’ suckered so still great opportunity to sell/take profits while you can since much, much
worse to come , as stocks finish only modestly lower relative to
reality on grim economic/business news across the board, viz., b.s.
talking point gives way to reality that China stimulus plan lessens
availability of funds for the purchase of worthless u.s./dollar denominated securities/assets
and may even require sale/redemption of same, GM shares hit 62 year low at
$3.36 as analyst says said shares will go to - 0- (nil, with Ford’s shares at
$1.93), Motek expert points to employment contraction for 15 months in a row
and Conference Board Report regarding said job losses; while another emphasizes
the futility of the bailouts which are get worse/larger in reference to what he
terms slush funds, the bank tax windfall initiated in the dark of night, things
will get progressively worse in the upcoming administration, u.s. spending far
beyond means, and rapidly depreciating u.s. dollars and assets; DHL ending u.s.
ground ops and 9,500 jobs, Security Pacific the 19th u.s. bank failure, etc., Fed's bailout for AIG swells to more than $150B , Fannie posts $29B 3Q loss, $100B may not be enough , Renowned economist Mikhail Khazin : U.S.
will soon face second “Great Depression” , bankruptcies, defaults,
foreclosures, hyperinflation around corner on worthless Weimar dollars, etc.. Previous session, sell into these suckers’
bear market
rallies/strength/take profits while you can as much, much worse to come. Much worse than expected
jobs (240,000 lost, unemployment to 6.5%) and auto news (operating earnings
losses of $4 billion for GM and $3 billion for Ford for 3rd quarter) rallies
stocks (riiiiight!), in a largely forgettable Motek business hour even his
oftimes wall street shill expert admitted to his credit that their was
absolutely nothing to account for the rise in stock prices this day especially
in light of the substantially bad and worse than expected news, says GM has
enough cash to last to spring while Ford till summer, and says volatility for rest
of the year. Economist says worse to come as very severe recession at least
through 2009 and into 2010, and also there’s allusion to yet another taxpayer
bailout of auto pension funds and auto co. bankruptcies. The wall street frauds must be prosecuted and disgorgement
required. Jobless rate at 14-year high as above expectation
losses continue GM, Ford losses worse than expected, burning cash Jobless ranks hit 10 million, most in 25 years
Ford announces $129M 3Q loss, burns $7.7B in cash
Jobless rate bolts to 14-year high of 6.5 percent Previous, another modest drop relative to reality [Grantham (who called the
bubble) posits… 585 on the S&P 500 (versus today's frothy 904) There
is more hurt in store for the U.S. equity markets. If you are still thinking of
riding this one out, consider Japan. Japan's Nikkei 225 is our window into the
future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A
similar correction in the U.S. would translate into Dow 2,500. ], downbeat
economic data, first-time claims for unemployment at 25 year high and worse to
come, abysmal retail sales worst in 3 decades, unit labor costs rose at a
higher than expected 3.6% annual rate as the ultimately hyperinflationary
effects of printing/creating like mad those worthless Weimar dollars, and weak
business prospects, virtually all problems remain and
there is but an infinitesimally small fraction of the capital and resources
necessary to solve them thanks to fraud, incompetence, lack of
knowledge/ability, greed, etc., so still great opportunity to sell/take profits while you can since much, much
worse to come. Previous session sees modest drop relative
to reality though record post-election plunge so still great opportunity to sell/take profits while you can since much,
much worse to come. All news so bad (reality even worse) that even
shill co. ADP can’t hide at least 157,000 lost private sector jobs where deep
cuts are necessary, Challenger et als say layoffs will abound with cuts broad
and deep, Motek expert says dismal market for at least next several weeks but
cautious citing some oil, engineering, utilities, healthcare opportunities with
caveat along with some emerging markets, service sector much weaker than
expected and planned layoffs highest in three decades. Treasury wants to borrow
record $550B... US-led strike kills 36 Afghan
civilians U.S. as slowing
economy/runaway spending balloons the budget deficit to a record level to Sell $55 Billion in Long-Term
Debt Next Week Previous session, all news
decisively bad with dollar down, oil up, factory orders declining 2.5% month-over-month after dropping
4.3% in August, much worse than the 0.8% decline that was expected, virtually
all problems remain and there is but an infinitesimally small fraction of the
capital and resources necessary to solve them thanks to fraud, incompetence,
lack of knowledge/ability, greed, etc., so
sell into rallies/strength/take profits while you can since much, much worse to
come. Previous, ( Worst is yet to come for economy ) as
economic/financial news so bad [ ISM index shows biggest downturn in
economic activity since 1982, corrupt, scandal-scarred commerce department
comes in with 40% better than expected false construction numbers though still
down a hefty .3%, 90% of private economists say we’re in a recession and we’ll
see much more lagging effect to the downside, realization that bad economic
conditions going forward not frozen credit affecting lending despite their
lies/fraud to buttress their fleecing of the treasury, Motek expert says
another washout coming and we’ve not heard the last of those, ie., banks,
companies, brokerages, etc., under the waves] , that lunatic frauds
on wall street develop new b.s. talking point to keep suckers sucked in to this
market so the wall street frauds can keep eating away at suckers’ money by
commissioning same, the new talking point being ‘the election’. What total b**l
s**t! They’re just a bunch of criminally insane vegetables who can’t do
anything that they’re supposed to do well, ie, economics, finance, accounting,
etc., and are hoping to escape accountability for their crimes .
They must be prosecuted and disgorgement required because 1) It’s the law and to create a deterrent prospectively
2) Restore credibility and confidence in prosecutorial, regulatory,
government/governmental bodies as opposed to their being accomplices, and the
markets (which are just that; marketplaces, like fish markets, commodity
markets, flea markets, etc., no big deal, particularly as the frauds operate
them) 3) It’s the right thing to do because of the magnitude of the fraud
(in the hundreds of trillions by some educated assessments) in the many
trillions and the fraud on taxpayers (who have been damaged by their fraud and)
by bailouts that are finding their way into compensation/bonus packages for the
perpetrators . Previous session, suckers’ bear
market rally for window dressing for dismal month and quarter to keep the
suckers suckered in this secular bear market. Are you a sucker? One in five
homeowners owe more than homes are worth, more unemployment to come, many more
defaults personal/commercial, many trillions of previously commissioned
worthless paper still carried/not written down, etc.. One of Motek’s experts,
to his credit, points to reality in saying retreat to cash (take profits) in
rallies as these (rallies on bad news), record declines in spending, economy
has lots of negatives, insurance companies have lots of negatives, hedge funds
liquidating, and importantly, 60% of trades computerized so great for
generating commissions but bad for real value (as this week) and very volatile;
while another expert echoes bear case as spending down across the board; while
another empahasizes bad month on top of bad month for autos; while
another says 2008 behind only 1929 and 1987 for bad; and another says no more
room for rate cuts, more regulation, mortgage rates up; and finally, political
and economic uncertainty cited. In sum, u.s. stocks over-priced and dollar will drop like a stone
(excessive printing/creating/debt), Stocks:
A Bear Case so
sell into rallies/strength/take profits while you can as much, much worse to
come. Don’t forget, THEY NEED YOUR MONEY TO COMMISSION and the lunatic
wall street frauds’ desperation linked to their substantial crimes and booty
which must be disgorged through prosecution . Despite another big advance on Friday,
paper losses in the U.S. stock market came to $2.5 trillion for the month,
according to the Dow Jones Wilshire 5000 Composite Index, which represents
nearly all stocks traded in the United States. The 17.7 percent decline was the
worst since the 23 percent drop in October 1987 and 1929. Previous day,
suckers’ bear market rally on bad news. U.S.
Economy: GDP Shrinks (even with fake better than expected GDP numbers from
corrupt commerce department) at Fastest Pace Since 2001 The government falsely reported Thursday that the economy shrank
only 0.3 percent in the July-September period, still a significant slowdown
after growth of 2.8 percent in the prior quarter in the summer, sending the
strongest signal yet that a deep recession has already begun. Consumer
spending, which accounts for two-thirds of the economy, dropped by the largest
amount in 28 years in the third quarter. One expert says multiple levels of
things going wrong in u.s. recession, ie., consumer spending down and
declining, housing recession, fraudulently worthless investments, worthless
Weimar dollars that are being printed/created like mad, etc.. Another expert
says fake GDP number in 3rd quarter does not capture slowdown which will be
reflected in 4th quarter with minimum 2-4% decline. How are these frauds not
being prosecuted and forced disgorgement and preposterously getting taxpayer
dollars? The lunatic
wall street frauds’ desperation linked to their substantial crimes and booty
which must be disgorged through prosecution , none of the real problems
(trillions of fraudulent/worthless securities, etc.) have been addressed much
less solved so sell into rallies/strength/take profits while you can since
much, much worse to come. Previous session, government (fake)
numbers on durables (130% better than private estimates…I don’t think so!) and
prospectively dollar-crushing 50 basis point rate cut (discounted b.s.
talking point many times over by market in prior sucker session), 2.7% drop in the dollar, fed heads said the pace of economic activity has
"markedly" slowed as consumer expenditures declined, while inflation
pressures are expected (despite worthlessness of the Weimar dollar) to
(temporarily) moderate due to the (temporary election year) drop in commodity
prices and weaker economic prospects, so still
great opportunity to sell into rallies/strength/take profits while you still
can (like now) since much, much worse to come as all problems remain. Previous
session, all news decisively bad with consumer sentiment far below expected 52%
but realistically at 38%, personal bankruptcies/business bankruptcies up
sharply ( Euler
Hermes ACI: Substantial Increase In Business Bankruptcies and worse in 2009 ...
, Personal
Bankruptcies Increase and 2009 expected to be worse ), Office
Vacancy Rates Nationwide Keep Climbing; 2009 will be worse ... , US consumer
debt reaches record levels , U.S. budget
deficit swells to record $455 billion | Reuters , White House
projects record deficit for 2009 - CNN.com , dollar
down and dying , record trade
deficits , (Lost growth is cumulative. Thanks to the record trade deficits
accumulated over the last 10 years, the U.S. economy is about $1.5 trillion
smaller. This comes to about $10000 per worker. The damage grows larger
each month, as the Bush Administration and Democratic Congress dally and ignore
the corrosive consequences of the trade deficit), war crimes/profiteering and
global disdain for america and all things american and preposterously based on
b.s. alone ie., dollar negative talking point of interest rate decrease
(hyperinflationary as will be seen post-election), etc., suckers’ bear market rally on decidedly bad news, none of the
real problems including many trillions of worthless paper, deficits
budget/trade, hyperinflationary/worthless Weimar dollars being printed like
mad, have even been addressed much less solved (election-year expedience), lunatic
wall street frauds desperation linked to their substantial crimes and booty
which must be disgorged through prosecution , so sell into
rallies/strength/take profits while you can since much, much worse to come.
THE DOW JUMPS 900 POINTS. SO WHAT? BY MORGAN HOUSE
October 28,
2008 Only in today's market can the Dow have one of its biggest gains
ever, on a day when consumer confidence logged its worst readings since it's
been followed. After the Dow's nearly 900-point rally today, on what seemed
like nothing but loads of bad news, you're right to stand back and wonder what
in the world to make of this absurd volatility -- and more importantly, how to
invest around it.The short, easy, and honest answer is that this volatility is
spectacularly unreasonable, and you're foolhardy to try such an approach. Think
about it: Only a few weeks ago, the Dow soared an equally impressive amount --
936 points -- sending a wave of euphoria over markets, as if our troubles were
behind us. Within days ... poof! The gains were gone. There's little reason to
jump for joy over today's gain, either. Call me a party pooper, but the bad news
in the economy hasn't disappeared , my friends…
Reality from Farrell: Bottom
line: You've been scammed: This is total incompetence, … unethical and
criminal. If you put your hard-earned $12,000 under the mattress for the last decade,
it would have been worth more than the $11,671 accumulated in a mutual fund.
But actually it's far, far worse! Now if you also deduct the fund's 5.75% load
(and/or commissions) and inflation of more than 30% the past decade, you see
the stock market's a real loser. In short, after 10 years of blindly trusting
the Wall Street's advice about stocks, it turns out that investing in the stock
market is not a money-making machine, but a big fat greedy black hole that
gobbles up your money. ECONOMICS
GURU: WORST IS YET TO COME; MARKETS WILL CLOSE FOR UP TO WEEK FROM PANIC...
More from Grantham: S&P to 585. He
called the bubble, how could anyone doubt his valuation (although even lower is
more realistic)? Jeremy Grantham … (some) benefits to the crisis, including
increasing personal savings, an end to the hedge fund era, a reminder that
government officials are not to be trusted, …among others…Grantham posits… 585
on the S&P 500 (versus today's 877). Frank Motek (back from vacation to save his business hour …
none too soon since his program suffered mightily in his absence) experts say:
lack of liquidity, new homes and home prices downward trend to continue, expect
revisions; another says other nations loaned to u.s. and getting burned,
spending in Europe more difficult to ramp up, $2 TRILLION more debt, fed buying
u.s. debt which is hyperinflationary, consumer maxed out, grim outlook;
another, a wall street shill points to better than expected new home sales
[from scandal scarred/corrupt commerce department…riiiiight …( Home sales rise according to discredited commerce
department relative to revised downward prior months sales (riiiiiight…that’s
the way to work the statistics…at least the prior months fake stats can still
be good for something) but prices sharply fall )] but to his credit does say there are a
pile of concerns including liquidation of positions, ‘n carry trades’ (sic),
yen/dollar disparity; r.e. analyst says median price for homes still heading
down and another says new home sales this month not sustainable, foreclosures
high even with freeze; oil analyst says oil demand in China down, impacting
price; finally, another analyst says temporary dollar spike because of
unwinding of leveraged trades (in dollars), commodities/assets/metals decline
as investors/traders/holders sell off assets (cover margin calls, redemptions,
etc.), u.s. stocks still over-priced and dollar will drop like a stone
(excessive printing/creating/debt), Stocks:
A Bear Case so
sell into rallies/strength/take profits while you can as much, much worse to
come. Previous session: you know the worst is yet to come when the so-called
wizards of fraudulent wall street laud the day’s 5-9% decline as a pyrrhic
victory (coulda been worse…..riiiiight!) that is neither victory nor the end of
the downward adjustment to reality and the scope of their fraud, indeed one
expert now points to the realization that america has become the exporter
of economic weakness/fraud as hedge funds, etc., continue to liquidate
positions/assets (margin calls, redemptions, etc.) , sell into
rallies/strength/take profits while you can as much worse to come. Markets Nosedive on Grim Economic
News , World markets sink as recession
realities spread , 79th
anniversary of 1929 Wall Street Crash... , previous day suckers’ bear market rally/400
point swing/programmed trades to the upside into the close on decidedly bad
news …I don’t think so!… sell into rallies/strength/take profits while you can
since much, much worse to come Economist Roubini Predicts Hedge
Fund Failures, Panic, Closed Markets , Job losses accelerating, and the worst is ahead
, Banks borrow
record amount from Fed... , on top of previous day’s near 200 point swing to the upside
into the close to keep the suckers suckered as ‘experts’ say: earnings 11%
below expectations, business bad and getting worse, recession, substantial job
cuts, big problems in Europe including writedowns of u.s. originated worthless
fraudulent paper / another says realization source of the now global problems
is u.s., fed throwing money at problems (wall street frauds) but not making it
to the economy, not enough money to cover the negative (fraud) and need for
flush out and adjustment of inflatede/bubble/illusory values, and another says
reality implies 25% decline which is worst since 1937, sell into
rallies/strength/take profits while you can since much, much worse to
come Recession
Will Last At Least Two Years: Roubini , Recession Now: It's Deep and It's Going to Last a
Long Time, Sonders Says ;
previous day modest losses relative to reality as only 15% of americans believe
the nation is going in the right direction (what dummies!) which is slightly
more than congress’ approval rate and just slightly less than bushes’ approval
rate, More banks may fail, IMF warns , Weak profit picture and weak/declining economy
worries and fear of being held criminally accountable for their fraud hurt Wall
Street , sell into
rallies/strength/take profits while you can since much, much worse to come ,
previous day’s suckers’ bear market rally on bad or false news as ie., leading
economic indicators up though all economists expected down since major
components thereof (stock prices, manufacturing/industrial indices, employment,
etc.) all down, economy so bad they’re going to print more worthless
hyperinflationary Weimar dollars (that they don’t really have), gave another
$12 billion to AIG on top of the other billions of taxpayer funds, yet none of
the real problems including many trillions of worthless paper, deficits
budget/trade, hyperinflationary/worthless Weimar dollars being printed like
mad, have even been addressed much less solved (election-year expedience) so
sell into rallies/strength/take profits while you can as much worse to come , The
Crumbling U.S. Economy, Worse is Yet to Come ,
Worst
slump since Great Depression ,
Rapid
Downward Revisions in Expected Economic Growth , and all this b.s. despite reality on top of previous session
suckers’ 500 point swing/programmed trades to the upside into the close to
close modestly lower on much worse than expected news on top of previous
suckers’ bear market rally/800 point swing/programmed trades to the upside into
the close on decidedly bad news …I don’t think so!
The
average investment-grade industrial company bond is yielding 4.95 percentage
points over Treasuries with comparable maturities, Moody's says. That's about
the long-term average for much riskier junk bonds. "It's the widest level
since 1932-1933," says John Lonski, Moody's chief economist. That was
during the, ahem, Great Depression.
Searching
for Mr. Goodlow [ While you certainly
want to buy low (and sell high), in light of the crushing debt, deficits both
budgetary/trade, global antipathy because of war crimes/profiteering, transfer
of manufacturing base, and greedy frauds on wall street, corruption at all
levels, etc., this time is like no other for america in the most negative
sense, particularly since the average multiples for S&P for the past 5
years were based upon a huge fraud bubble and hardly a benchmark/guideline. The
saying/axiom of J.P.Morgan remains apposite as ’ it is not so much the return
on the money as it is the return of the money’. ]
Building starts/permits and new home sales
down 8.3% and 6.3% to worst levels in 17 years, drop in consumer sentiment
highest ever recorded so great opportunity to sell/take profits while you still
can since smart money (and reality) say trend is much lower Billion-Dollar Fund Manager, Dow To Sink To 5,000 ,
Roubini: Dow 7,000 Likely 'Sometime Next Year' , Dow Jones Bloodbath Mirroring 1929 Rout Bottom should be around 27 per cent below “bailout bounce”
according to analyst ,
since none of the real problems including many trillions of worthless paper,
deficits budget/trade, hyperinflationary/worthless Weimar dollars being printed
like mad, have even been addressed much less solved (election-year expedience)
so sell into rallies/strength/take profits while you can as much worse to come,
(they’re so desperate for b.s./fraudulent talking points/sizzle to sell that
the rumor (Microsoft to buy/destroy Yahoo) sparks rally though denied by both
companies, spin lower prices as positive when reality is that economic
conditions/prospects so bad that demand has precipitously fallen, Philly fed
Index down sharply indicating contraction, Real Estate/Builders’ Index
lowest/Worst reading since inception, lunatic
wall street frauds desperation linked to their substantial crimes and booty
which must be disgorged through prosecution , volatility index at new
record, previous session reality trumps the new fraud as markets can’t hide
from the plethora of bad economic news albeit sugar-coated for election year
purposes as retail sales down 1.2% for month and as well, year-over-year and in
all regions, beige book says economic activity down in all regions Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink
To 5,000 sell into rallies/strength/take profits while you can as much
worse to come and remember, fool you once, shame on the wall street frauds who should be in
prison, fool you twice, shame on you and you’re screwed, one expert described the bailout as money
down a black hole Total Bailout Cost Heads Towards $5 TRILLION , shreve of investors’
(shouldn’t that be traders’) business daily said became negative on market in
August and all cash in September [but previously, 6-3-08, SHREVE OF INVESTORS BUSINESS DAILY NOW
NEGATIVE ON MARKET (YA THINK), WAS BULLISH JUST RECENTLY ENOUGH FOR BULL TRAP
(OR JUST PLAIN BULL CRAP) AND CITES HEDGE FUND SPECULATORS, SUPPLY/DAMAND
FACTORS (OIL RISE, ETC), LEADERSHIP TURNED NEGATIVE WHICH FED MINUTES
CONFIRMED, implying that somewhere in between he was positive ] but to his credit states we’re in a
recession…some quarters of negative growth/contraction ahead…takes considerable
time for fed steps/missteps to take effect…and 7-8% unemployment, while fed
governor janet yellen says we’re in a recession…daaah!, while another cites
consensus that the financial crisis won’t be over anytime soon US confronts reality of long, deep
recession/depression ,
The
global economy is going through a "profound shift" as it deals with
the unwinding of debt leverage, which Todd Harrison, CEO of Minyanville.com calls "the mother of all bubbles."
As with the tech bubble before them, bubbles in housing, commodities and hedge
funds were all made bigger because of the unfettered use of leverage. The
unwinding process is going to result in a "prolonged period of
socioeconomic malaise," he says, predicting unemployment will rise will
into double-digits before the cycle turns.
The most recent batch of economic data
certain support a grim outlook:
·
·
Industrial production plunged 2.8% in September,
the biggest drop since September 1974.
·
·
The National
Association of Home Builders' housing market index hit a record low .
·
·
The Fed's October Beige Book showed across-the-board
weakening of activity in all 12 reporting districts.
·
·
September retail sales fell 1.2% , the biggest drop since
Aug. 2005.
previous session saw modest losses relative
to reality with near 300 point upswing into the close on bad news (to keep the
suckers in … were you a sucker?…the frauds on wall street are counting on it as
today’s session proves) including record budget deficit at $454 billion and
much worse next year, they’re treating symptoms not the problems so good money
after bad, substantial unwinding of derivatives and market manipulation by
programmed stock purchases, u.s. gov’t selling treasuries to finance debacle
pushing interest rates higher so sell/take profits, The Wall Street Coup and the Bailout Scam Bailout
$700 billion yet national debt increased by over $1 trillion, They socialize their
losses and privatize their gains ….. How is this happening? Paulson Doles Out $125 Billion to Wall Street Elite What a total
fraud/scam! A
Trillion Dollar Bait and Switch: The Bailout and the Smell Test This
is a secular bear market – check out the cycles. Roubini
Sees Worst Recession in 40 Years, Rally’s End ,
previously Motek’s expert Art Hogan says crisis not over, daaaaah!, buuuttt and
for the first time sounds like a typical wall street shill and loses all
credibility thereby, while another non-Motek expert says will retest lows which
is euphemistically correct while pointing to comparable spike/decline in 1929
et seq. Great Depression scenario , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink
To 5,000 , b.s. talking points
and all based upon other nations, Europe and Asia like lemmings again following
america into the abyss (Iraq, etc.) since none of the real problems including
many trillions of worthless paper, deficits budget/trade,
hyperinflationary/worthless Weimar dollars being printed like mad, have even
been addressed much less solved (election-year expedience) so sell into
rallies/strength/take profits while you can as much worse to come and remember,
fool you once, shame on the wall street
frauds who should be in prison, fool you twice, shame on you and you’re
screwed, as this and previous session’s
programmed buy trades to keep the suckers sucked in and commission dollars
flowing (the shameless wall street frauds made hundreds of millions last week
and today on high then moderate volume as government/banks closed for holiday),
thousand point swings to the upside- I don’t think so, as yet again those
needful things on wall street get even MORE, MORE, MORE, MORE, MORE for the
poor (not really, in light of the mega billions in fraudulently derived
commissions, bonuses, compensation, which should and must be disgorged through
prosecution) frauds on wall street, retail down, unemployment at recession
levels, modest losses relative to reality so sell into strength/take profits,
get your money out while you can and don’t forget that the worthless
hyperinflationary Weimar dollars they’re printing like mad will, like the
current fraud unraveling, come home to roost [ Rogers:
Global Bankers Have Unleashed Hyperinflationary Holocaust ] making, assuming arguendo there are , any
wild-eyed purported gains to come illusory/non-existent at best and further,
national (and consumer) debt and lack of industrial/manufacturing base/trade
deficits make previous recovery comparisons preposterous, Motek’s expert says
on-going bear market since 2000 (market down 75% as measured in gold) with
continued massive liquidations to pay off debt and that attempts to reflate
with bailouts will fail culminating in hyperinflationary depression, while
another expert says stocks could slug around at bottom for extended period,
while Financial Times Editor says most volatile day ever, not at tradable
bottom, and this was a market crash at –40% from top. GM shares on credit watch with negative implications
by S&P tumble 31 percent to 58-year low , Roubini: Rate Cuts Temporarily and Minimally Reduce
Crash Risk, But Dow 7,000 Likely 'Sometime Next Year' , dollar down, oil up, Motek’s expert Bogel of Vanguard fame
points to speculative measure for wall street in 1929 as 280 which is even
below and not as bad as the current measure of 320 in year 2008 indicative of
the ridiculousness of the wall street debacle, It's Not You, It's the Market - Now Officially the
Worst S&P Decline in History ,on
top of previous sessions needful things on wall street saying MORE, taxpayer
money to bail them out for their consummate fraud, etc., MORE now
EU/Asian/fed/taxpayers’ cooperation/contribution for their past, present and
future frauds, etc., to keep their ponzi-like scheme of worthless paper moving;
how about prosecution, prison, fines, and disgorgement for these mega
billion dollar frauds, as 500 point swing to the upside into the close (get
your money out while you can-sell into strength/rallies/take profits) on yet
another b.s. talking point (I don’t think so and neither does Cramer says Get Out Of The Market ) as Motek’s expert apparently shell-shocked talks in terms
of washout levels while another says bailout will take about 4 weeks to
implement and not sure if same will work [WON’T! There are trillions (some say in the hundreds of trillions) of the
fraudulent worthless paper out there ] and points
to negative economic fundamentals and says reduce exposure to equities in favor
of ie., money market treasuries, previous day buy on rumor, sell on news (of
fraud bailout) obtains, fundamentals horrendous as economy loses more than
expected 159,000 jobs, Motek’s economist/expert/trader says serious economic
issues remain and cites ’73 to ’74 when market fell 45% top to bottom while
securities expert says now focus is on fundamentals and not a pretty picture
and cautions about dilution, get your money out while you can-sell into
strength/rallies/take profits-that’s what they did , previously hopes for
fraudulent $4
trillion plus is missing through U.S. federal agency accounts managed by the NY
Fed misguided Not
One Dime! wall street
fraud/criminal bailout “Grand Larceny” on a Monumental Scale: Does the Bailout Bill
Mark the End of America as We Know It? can’t change reality as unemployment numbers highest in 7
years, factory orders decline to lowest level in 2 years, food prices with
largest increase since 1990, previous 200
point swing to the upside on top of 485 point previous day gain with all
seriously negative news including sales drops of 16% at GM and 35% at Ford so
sell into these rallies/strength/take profits whil you can, economist Brusca points to grim economic/financial data and
outlook even with bailout , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink
To 5,000 , U.S. Sept. ISM manufacturing index plunges to 43.5% (worst
since 1955), Bailout Would Only Prolong Crisis: Jim Rogers ,except for scandal-scarred corrupt commerce department
which reported unexpected rise in consumer sentiment (riiiiight…things are so
hunky-dory), all news decidedly negative with home prices falling an unexpected
record 16.3 %, etc. Bailout marks
Karl Marx’s comeback This
is not brain surgery and the fraud, bonuses/compensation (mortgages, subprime
and otherwise, are only a relatively small portion of the fraud/scam providing
“cover/collateral” for the worthless but heavily commissioned paper over and
over again in a multiplicity of different forms of worthless paper) in the
mega-billions should first be disgorged before taxpayers are forced to pony up
and pay the frauds again for their fraud which caused the problem in the first instance,
must be prosecuted. It should also be noted that despite the rhetoric, the
wall street bailout will NOT solve the crisis or eliminate the economic pain
except to make permanent the fraudulent wealth transfer to the most well healed
heals/frauds/criminals in the nation who caused the so-called crisis by their
greed/corruption/fraud .
All news decisively negative as WaMu becomes biggest bank to fail in US history (AP) ,
GDP revised downward to 2.8% in second quarter (the market previously rallied
on the false news and rallies again on the true bad news), only 30% at most support the taxpayer bailout of the wall
street frauds so count on tax revolts as predicted by experts if the same
passes , Sell
into any rallies/take profits as all problems remain and will be exacerbated by
the fact that the vast majority of taxpayers rationally and correctly opposed
the bailout of the wall street criminals who benefited from the fraud. Reaction
has been fast and furious 9-28-08[2:38 am]; take a look at some initial
comments. Sell into any strength/take profits because with bank
failures and raids on taxpayer funds and reckless printing like mad of
worthless Weimar dollars and fake data/reports and lies this is worse than
recession/bear market, New Home Sales Plunged 11.5% to 17-Year Low and home inventories up, jobless claims up and durable goods
orders down far more than expected, home prices drop by record 9.5%, existing
home sales down 2.2% as they continue to foist the wall street criminal/fraud
bailout on taxpayers which Bloomberg
now pegs at a cost of $5 trillion while other economists/experts say
hundreds of trillions [which means $700 billion down the tubes into the pockets
of the wall street criminals (make them pay) who created the mess through their
greed/fraud/scams and who’ve already reaped huge financial sums in the many
billions through compensation/bonuses (mortgages, subprime and otherwise, are
only a relatively small portion of the fraud/scam providing “cover/collateral”
for the worthless but heavily commissioned paper over and over again in a
multiplicity of different forms of worthless paper]; Motek’s financial expert,
Financial Times Business Editor cites thoroughly gloomy economic picture
globally and u.s. particularly, record levels of borrowing from fed, even with
passage of bailout dire economic/financial scenario will remain, and axiomatic
‘buy on the rumor, sell on the news’ picture for stocks while his
expert/economist/investor/entertainer (Ben Stein) says outrageous to bail out
wall street criminals who should be in prison [and who should pay back/disgorge
the hundreds of billions they’ve been scamming by repackaging/recollateralizing
commissioning and reselling of which fraud/bubble I’ve been warning for over 5
years on this site-indeed they even have been exempted by congress for RICO
liability and meaningfully lawless application of other laws as I reiterate in
my RICO Summary under
penalty of perjury to the FBI at their request including RICO violations by
Sam Alito, former u.s. attorney (District of new jersey) who parlayed
obstruction of justice (I’ve sworn to this regarding drug-money laundering)
into judicial appointments to the 3rd circuit court of appeals with maryanne
trump (Barry) and now the so-called supreme court (he should have gone to jail)
justice; how could anyone even listen to bush (WMD’s in Iraq-I also warned
against that debacle/fraud/war crimes/profiteering) ] and he further says let
the ceo’s go and some of the failed institutions fail condemning the outrageousness
of the lack of oversight in this huge fraud/wealth transfer; and hanky panky
paulson the wall street shill whose $50 million in blind trust and $20 million
in vanguard benefits from this bailout by the taxpayers, The Fed is Making a Killing on Banking Crisis , so great opportunity to sell/take profits while you
still can. One democrat said that with
3 months remaining in war criminal (remember the lies) bush’s lamentable failed
presidency the grab based on fear that bailout of the criminals who caused the
problem and made huge sums from their heavily commissioned fraud will avoid what
already is can only be deemed another fraudulent wealth transfer akin to the
war crimes in Iraq, which budget-busting conflict is also part of america’s
problem, is preposterous on it’s face. A republican said that the
so-called over-sight provision utilizes a standard of judicial review that
would render impossible any purported review/abrogation (and after the fact at
that) of paulson’s largesse to his bro’s on wall street and bush buddies.
Mike
Stathis The Market Oracle September 22, 2008… As far as I’m concerned, anyone
who doesn’t conduct a full investigation of this charade leading to several
CEOs and other executives in prison with all of their assets being shuttled
into America’s bailout fund doesn’t have what it takes to lead America anywhere
except on its current course – downward. But it doesn’t really matter at this
point anyway. Washington and the greedy bankers have ensured the end of what
was once a great and proud nation filled with hope and opportunity. … ,
Dollar
Weakens Most Against Euro Since 2001 on U.S. Deficit , Financial terrorism: US taxpayers bail out Wall Street
criminals , A Bailout to Nowhere ,…Cramer
had said the astonishing 779-point rally over the past two days can only mean
one thing: sell. , in this election year
obfuscation/desperation to cover-up since all real news remains decisively
negative as leading indicators fall , unemployment claims rise , but suckers’ bear market rally b**l s**t talking
points without realistic, legitimate, sound foundation previously rallied
stocks in nearly 600 point swing to the upside as wall street
shill/fraud/pointman/incompetent paulson floats new fraudulent wealth transfer
paid for by taxpayers (yet another bailout – tax revolts as predicted by
trendsresearch.com are a coming – McCain is quite right that land of fruits and
nuts man cox should be fired from the SEC; A New Resolution Trust Corp. for the Bankers? Kurt
Nimmo | Congress critters, former Fed mob
bosses want a public boondoggle along the line of the Resolution Trust Corp. to
bailout the banksters ) and insurmountably
increasing the defacto bankrupt government’s debt in favor of the very
well-healed perpetrators of the fraud who should be prosecuted and forced to
disgorge their ill-gotten gains (bonuses, etc., in the multi-billions) before even
broaching the ill-advised united soviet
socialist states of america plan to have
taxpayers pay for the wall street fraud, and then there was the ridiculous
spike from fed’s announced printing/creating more worthless Weimar dollars
($180 billion - All Roads Lead To Hyperinflation ) which even coupled with foreign contributions does not even
register a blip of difference in light of the magnitude of the amount of debt,
$14 trillion private/$15 trillion public, much of which must be written
down/off/non-performing . Don’t be wall street’s (churn and earn) fool; time
for them to pay up; time for you to sell/take profits/cut losses! Housing construction plunges 6.2 pct. in August , Worst
is yet to come, investment strategist warns (at MarketWatch) , more gov’t bailout taxpayer money with ever more worthless
Weimar dollars (fed printing/creating them like mad) proves the only lunatics
(yes, the full moon) are not limited to those lunatic fraudulent wall street
needful things who should be prosecuted and forced to disgorge their ill-gotten
gains, as united soviet socialist states of america (who built up communist
china so who could have expected less) takes 80% stake in AIG, spreads
widening as piles of worthless debt/securities/collateral unwind so sell into
these suckers’ bear market rallies as all problems remain US Economy: Rudderless and
Reeling From Direct Hits , Federal bank insurance fund
dwindling , More Socialism for the
Bankers: Fed to “Loan” AIG $85 Billion , economy so bad oil demand own, so cut your losses/take
whatever gains/get your money out while you still can as industrial output down
much greater than expected 1.1% (for the prior month) , Meltdown in US finance system pummels stock market
, Rogers: Dollar To Lose World Reserve Status , AIG downgraded as financial meltdown spreads
, Wall Street mauled by Lehman bankruptcy, AIG fears , highest year over year foreclosures on record,
retail down .3% while inventories up, as bad news spurs over 150 point swing to
the upside into the close which shows irrationally fraudulent markets trying to
keep suckers sucked in for their commissioning pleasure, Bullish Sentiment Drops 30% , CBOE Put-Call Ratio Indicates Negative Outlook ,
Get Ready For the S&P 500 to Break Below 1200 ,
WaMu cut to "junk," sees $4.5
billion loss reserve (Reuters) , U.S. Trade Deficit Surges; Boosts Likelihood of Recession,
Job Losses , August foreclosures hit another
record high , federal/trade deficits
among other bad news worse than expected which previously rallied stocks
(riiiiight!) on over 300 point swing to the upside (I don’t think so) so
sell into these ephemeral rallies/"strength”, Lehman shows wider than
expected $3.9 billiion loss, Another bull joins the bears Peter Eliades now says Dow should drop below 9,000 , election-year sugar/fake reports as Pending home sales fall more than expected 3.2%
, Fannie/Freddie fail, federal takeover, taxpayer
bailout (which the frauds on wall street cheer since they believe their
fraudulent gains, many billions worth, might not be touched - they should be
disgorged through prosecution) as defacto bankrupt government to commit
$100 billion each to insolvent fannie/freddie ($200 billion they really don’t
have to start with), very ridiculous so sell into ephemeral
rallies/"strength" since the same and all is very bad news Top
Investor: Fannie/Freddie Bailout Serves "Bunch Of Crooks And Incompetents"
(more to follow this update on 9-7-08)
suckers’ bear market/short-covering rally into the close on 200 point swing to
the upside (riiiiight) on very bad news, nonfarm payrolls fell by 84,000 during August,
bringing the unemployment rate
to 6.1%, THE LATEST FRIDAY FAILURE FOR THE U.S.
BANKING INDUSTRY: US to take control of mortgage giants: reports
, Home foreclosures reach record high , and keep
in mind frauds/scams like wall street today invariably
unravel as reality bites with all news bad (except for fake news) and worse
than expected with new unemployment claims up more than 15,000 on top of
terrible back-to-school shopping/retail numbers, though still sugar-coated for
election year as sales at GM down 20% Ford down 26%, bankruptcies up, credit
union taken over by feds, August ISM Index down
below 50 indicating contraction, construction spending fell a
larger-than-expected 0.6%, and spending down to lowest
level in 3 years with income declining .7% in contrast to previous day’s
suckers’ bear market rally on light volume so great time to sell/take profits
while you can since all problems remain] Election-year feel good typically
false/embellished at best temporary report on GDP 58% better than private
forecasts along with that bastion of american credibility, the scandal scarred
prevaricating commerce department comes through with fraudulent talking point
for the wall street frauds with durable goods numbers exceeding private
economist estimates by 400% (I don’t think so!), as one of Motek’s experts says
GDP number from government, at best temporary blip from rebate stimulous (those
election-year monies/printed Weimar dollars debt-ridden u.s. doesn’t really
have) and multi-national exports on weak dollar, seventh staight monthly
decline in payrolls in this real recession, and continued problems in financial
sector/real estate/defaults/writedowns; while another seasoned expert
says doesn’t look good particularly for third and fourth quarters. Motek’s
expert says FDIC might have to borrow from treasury [ FDIC may borrow money from Treasury ], second largest quarterly loss on record from thrifts at
$5.4 billion, Fannie/Freddie fail the performance test, and precipitous fall in
leading economic indicators indicative of deeper/longer recession that we’re
already in so high allocation to cash/low allocation to stocks. The Real Rate of Inflation is 13% No way to credibly spin the record real estate price declines
on high volume of foreclosure sales/high unsold inventories, high
inflation as other than the economic debacle it is, Motek’s expert reiterates
reality of this bear market, that stocks will resume slide, good time to sell
since pricey/frothy at avg. 24 P/E, that Freddie/Fannie bailout/gov’t. takeover
inevitable, more troubled banks [ FDIC's Problem Banks List Balloons (at TheStreet.com)
] as loan defaults extend losses in sub-prime,
to now prime, commercial, student loans, credit cards, even as inflation up,
and outlook very bleak. Previously, another bank failure, but they say existing
home sales up greater than expected 3.1%…but from auction/foreclosure sales
(40%), prices down 7% (-22% in land of fruits and nuts) and inventories of for
sale/unsold homes at new record high since tracking began in 1968 and worse to
come, Chicago index of manufacturing down indicating further economic weakness
and Motek’s expert says ‘put’ activity indicates at least 10-15% more downside
from here/government bailout ot fannie/freddie inevitable and f/f stock
worthless as all news decisively bad beyond expectations though fudged to
upside for election year and yet bernanke who is printing worthless
hyperinflationary Weimar dollars like mad soothed (gives them fraudulent
talking point) the frauds on wall street saying essentially the economy is so
bad inflation less of a problem (and no interest rate hike-old news because of
economic weakness and bad for dollar) sparking suckers bear market rally on
light volume, Buffett: We're still in a
recession , leading indicators down .7%, unemployment near record
levels, Oil jumps $5 on US-Russia tensions, sliding dollar , hence great opportunity to sell/take profits since all
problems remain and dollar mini-spike short-lived though some fluctuations to
upside on speculation other economies will tank. Wholesale prices: Highest annual rate in 27 years . The
Strong Dollar Illusion . Housing starts and building permits posted steep declines . That hub of global manufacturing buzzing (riiiiight!) as
empire state index as measured by private economists expected to fall -4.2% but
is reported up +2.8% (almost 300% better-I don’t think so, and don’t buy the
Brooklyn bridge, watches, swamp land in jersey, etc.), inflation news double
expectations Bracing for Inflation August 15, 2008 (BusinessWeek Growing evidence
suggests American consumers, businesspeople, and political leaders should all
be bracing for double-digit inflation, probably as early as 2009 ), real estate falling, U.S. Foreclosures Rise 55%, Bank Seizures Reach High , unemployment at recession
levels, etc.,. Note the rotation into the obscure world of so-called tech which
provides, as in prior such ploys (ie., dot-com bust, more recent bust, etc.)
the world street frauds with the ability to sell the sizzle since investors and
americans generally don’t understand it (ie., iphones are a joke where the
so-called “computer” is merely a restrictor of usual computer functions now
tied into apple products and government shill co att, and anyone who pays the
premium for apple products is a fool), and all news bad albeit fudged to the
upside in this election year. Fake trade figures, more writedowns/bad
debt, still great opportunity to sell/take profits. Just another frothy day in
the rabidly fraudulent lunatic world of wall street and great opportunity to
sell/take profits since all problems remain and dollar mini-spike short-lived.
Fog of war ( U.S. Attacks Russia Through Client State Georgia –
don’t believe american lies/propaganda to the contrary) is frauds friend, repeat three times to understand
fraudulent wall street euphoria over diversion (Georgia conflict) from their
massive fraud which brought much greater than expected losses at fannie ( U.S. Headed Toward Bankruptcy, Says Top Budget Committee
Republican ) and triple-digit decline
to triple digit upswing so especially great opportunity to sell/take profits as
glass-half-full kind of frauds point to increase in
(foreclosure/auction/forced) home sales (riiiiight!) while they can no
longer hide substantially increased unemployment, etc., economy so bad oil
demand declining which is shill point for next stage of (new) wall street
fraud/commissioned churn and earn scam which the taxpayers just underwrote/paid
for with complicit government, executive/legislative/judicial branches/fed.
Great opportunity to sell/take profits since all problems remain as real
numbers indicate previous decline in GDP though falsely reported as gain,
greater unemployment (watch for fake numbers from government) and much more
downside to come as stocks previously rallied on sharp increase in oil prices
and ADP, A JERSEY BASED COMPANY NOT UNFAMILIAR TO THE FRAUD/CRIME OF PLACING
FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS TO FACILITATE (ILLEGAL/DRUG) MONEY
LAUNDERING PLAYING BALL (I’M SURE FOR A PRICE/FAVOR) WITH THE FRAUDS ON WALL
STREET/ADMIN. WITH ALLEGED, UNEXPECTED INCREASE IN PRIVATE SECTOR JOBS, and
short-covering. The
Dow Priced in Ounces of Gold: Secular Bear Market Since '99 by Lindstrom from
Seeking Alpha AP
Business Highlights A private research group says that
Americans remain the most pessimistic about the economy since the tail end of
the last prolonged recession 16 years ago. But economists warn that the slight
uptick, which reverses a six-month slide since January, is likely to be only
temporary and doesn't signal the beginning of a rally…Yahoo… the survey only has weak correlation with actual spending,
so Briefing.com
does not put too much stock in the report.]
Quantifying
Inflation by Zigler from Seeking Alpha,
Housing report bruises frauds on
wall street with reality but false report from corrupt, scandal-scarred,
criminal commerce department (contrary to all expectations and contrary to all
regional fed manufacturing indices which declined) provides fake report and
fraudulent lift . Great Opportunity to Sell/Take
Profits as Reality trumps bull s**t! Sell dollar denominated assets as all
problems remain. El-Erian: Buy more foreign stocks Even
in this century's darkest days of recession and war, U.S. households kept on
spending. But one of the smartest investors on the planet says the American
consumer is finally out of steam. Even if, and it is
not, oil were the only problem, the same is just a disruption away from a
spike. Suckers’ bear market/short-covering rally based on bull s**t alone, this
time by wall street shill paulson whose bailout rhetoric brings ‘irrational
exuberance’ since wall street frauds should be prosecuted, required to disgorge
ill-gotten gains, and jailed since they’re the ones who benefited and are
escaping accountability by the bailout. Except for multi-nationals and
corporate welfare recipients (ie., Lockheed, etc.), greater than expected
losses in not millions but billions rallied the stocks. Remember, these are huge
financial institutions unlike the tiny S&Ls of the last banking
fraud/wealth transfer (to frauds at expense of taxpayers). Leading indicators
revised down (after ‘election year keep the incumbents’ fake report). What do
you expect the wall street frauds/criminals who should be held accountable and
the failed (and illegal- constitution would have to be amended to enable Fed to
print those worthless Weimar dollars with now even failed Fannie and Freddie
getting some with taxpayer bailout) Fed to say; admit they royally f**ked up,
etc., better than expected very bad news, ie., Citibank loses only $2.5
billion, hyperinflation, over 200% more (suuuuure!) than expected oil
inventories, GM cuts dividend, Intel monopoly eliminates AMD, economy so bad
less oil use/demand, riiiiight! What total bull s**t! SELL INTO STRENGTH, TAKE
PROFITS WHILE YOU CAN!] Similarities
between 1929 and 2008 terrifying [In just the month of June, the Dow
dropped 10.19%; the S&P fell 8.60%, and the Nasdaq lost 9.10%. For the
quarter, the Dow fell 7.44%; the S&P lost 3.23%, while the Nasdaq had an
anemic 0.61% gain. For the first half, the Dow is down 14.44%; the S&P lost
12.83%; and the Nasdaq has fallen 13.55%. Since their high point last October,
the Dow gave up 19.87%; the S&P dropped 18.22%; and the Nasdaq is down
19.80%. A 20% drop from a market peak is considered the start of a bear market
— although many analysts say Wall Street already has a bear market mentality
(because the bear market already is. Some chart data/numbers on bear markets : first chart second chart).]
FAKE GOV’T/ETC. ELECTION YEAR REPORTS THAT EXCEED ECONOMISTS/ANALYSTS
FORECAST/EXPECTATIONS, EARNINGS NOT AS BAD AS EXPECTATIONS (SUUUUURE-SAME
OLD FRAUD). GREAT OPPORTUNITY TO SELL (TAKE PROFITS) WHILE YOU CAN, ESPECIALLY
WITH SUCKERS’ BEAR MARKET RALLIES ON NEGATIVE NEWS (PARTICULARLY SNEAKING INTO
THE CLOSE). NOTHING HAS CHANGED REGARDING TRADE AND BUDGET DEFICITS, WORTHLESS
WEIMAR DOLLAR AND THE HYPERINFLATION/STAGFLATION THEREBY, AND ELECTION YEAR
(THIS IS AN EPHEMERAL GOOD AS IT GETS SCENARIO) ATTEMPTS TO REINFLATE THE
BUBBLE, ETC., THAT HAS HELPED TO CREATE THIS FINANCIAL/ECONOMIC DEBACLE. THE
FED/WALL STREET FOCUS/DEFLECTION ON CORE INFLATION IS A SHAM/FRAUD AND
TANTAMOUNT TO SAYING IF YOUR MOTHER HAD WHEELS SHE’D BE A TROLLEY CAR.
[eND OF FIRST QUARTER DOW –8%, nASDAQ-14%, AND S&P-10%. WALL STREET IS A
JOKE THAT IS NOT FUNNY]. USA
2008: The Great Depression. High
Likelihood of a Market Crash Similarities
between 1929 and 2008 terrifying I WARNED AGAINST THE DEBACLE IN IRAQ, I WARNED
AGAINST GIVING DUMBYA BUSH WAR POWERS, I WARNED OF THE BUBBLES IN REAL ESTATE
AND STOCKS, AND NOW I WARN AGAINST INVESTING IN DOLLAR DENOMINATED SECURITIES
OR HOLDING SAME (SELL INTO STRENGTH/TAKE PROFITS/SELL). SUCKERS’ BEAR
MARKET/SHORT COVERING RALLY/NEW BUBBLE MODE (ALONG WITH MODEST DROPS RELATIVE
TO REALITY) SO SELL (TAKE PROFITS) AS THE WALL STREET SCAM IS UNEARTHED BY
REVELATION THAT OF 9 INVESTMENT VEHICLES S&P (MAJORITY OF 401K HOLDINGS,
ETC.) WAS WORST PERFORMER (1% OR LESS AND IF YOU FACTOR IN DECLINING DOLLAR,
NEGATIVE RELATIVE TO NON-DOLLAR DENOMINATED ALTERNATIVES OVER DECADE). JAWBONER
BERNANKE SAYS THIS DOWNTURN IS DIFFERENT FROM THE GREAT DEPRESSION AND HE IS
RIGHT INASMUCH AS AMERICA UNLIKE AFTER THE GREAT DEPRESSION WILL EMERGE FROM
THIS DOWNTURN AS SOMETHING SIGNIFICANTLY AND SUBSTANTIALLY LESS FROM WHICH
THERE WILL BE NO RETRACEMENT TO THE UPSIDE FINANCIALLY, ECONOMICALLY,
GEOPOLITICALLY. Bank
issues global stock and credit crash alert... Write
Offs to Top $1.3 Trillion.Who didn’t see this coming? The
Next Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' . 5
REASONS WHY THE FED HAS FAILED. GREENSPAN: NO
REGRETS; U.S. IN SEVERE RECESSION . UK, US, AND WORLD
FACING THE BIGGEST FINANCIAL SHOCK SINCE THE GREAT DEPRESSION, SAYS IMF . VIX
TO VXV RATIO IS GIVING A STRONG BEARISH SIGNAL YAHOO
FINANCE SUMMARIZES THE ESSENCE OF THE TRADING DAY: [BEFORE THE YAHOO MAINSTREAM FLUFF, IT IS NOTEWORTHY THAT ALL
THE PROBLEMS REMAIN FROM DEFICITS TO WORTHLESS WEIMAR DOLLAR TO FRAUD TO FAKE
GOV’T REPORTS, suckers’ bear market rally
into the close, Analysts say
more U.S. banks will fail Jim Rogers: Dollar Doomed, Oil Will Go Over $200 per Barrel
Soon Fannie Plan a `Disaster' to Rogers; Goldman Says Sell ,
why would anyone hold/invest in dollars
(deficits, trade and budget substantial, economic growth declining) so
sell/take profits, if you’re smart, as higher oil prices (7-10-08) sparks rally
(riiiiight!) and investors were encouraged by the possibility of more
contributions to their fraud, and Paulson says things are not as bad as the
reports in this election year; he’s right; they’re much worse! Remember
greenspan’s perpetual envy of all the world speeches; now Bernanke printing
hyperinflationary Weimar dollars like mad; they’re dreaming. Similarities
between 1929 and 2008 terrifying U.S. stocks post sharp weekly losses; bear market
that already is now said nears , Stocks tumble as more bad economic news piles up ,
Wave of bad news sends Dow down nearly 360 ,
Sales of new homes tumbled for the sixth time in
seven months in May while median prices kept plunging, American Express sees
worsening credit conditions, but fake government report of higher than expected
oil inventories (riiiiight!) rallies stocks, Home prices fall in April at record rate ,
Consumer confidence sinks to 16-year-plus low
, BlackRock sees global slowdown
worsening in 2009 , DOWNGRADES OF
BANKING/FINANCIAL SECTOR AND IN AUTO SECTOR ALONG WITH BOND INSURERS AMBAC,
MBIA, AMERICA’S BLIND SUPPORT OF ISRAEL/ISRAELI AGGRESSION DEPRESSION CONTINUES
ON COURSE, PHILADELPHIA FED INDEX REGIONAL ASSESSMENT OF MANUFACTURING ACTIVITY
POSTED A BAD READING OF -17.1 FOR JUNE WITH JOBLESS CLAIMS MORE THAN EXPECTED
AND ANALYST SAYS RAISING CHINA'S GASOLINE AND DIESEL PRICES BY 46 CENTS A
GALLON NOT ENOUGH TO HAVE MUCH IMPACT ON EXISTING DEMAND, INFLATION UP AND
PRODUCTION DOWN EQUALS STAGFLATION (EVEN WORSE WHEN REAL NUMBERS HIT HOME), NEW
YORK MANUFACTURING INDEX DOWN AGAIN, REAL ESTATE PLUNGING, HOME BUILDERS’
CONFIDENCE AT/NEAR RECORD LOWS, BAD NEWS BULLS SCENARIO AS ALL NEWS BAD BUT
STOCKS RALLIED (AT BEST GIVING THEM BENEFIT OF DOUBT, A SHORT-COVERING RALLY)
AS CONSUMER CONFIDENCE AT LOWEST POINT IN 28 YEARS FOR GOOD REASONS,
FORECLOSURES UP 50% TO RECORD HIGH LEVELS, COMMODITIES (IE., CORN, ETC.) UP
SHARPLY OWING TO MIDWEST FLOODS WHICH WILL ALSO IMPACT OIL TO THE UPSIDE
GOING FORWARD AS LESS ETHANOL SUPPLIES/HIGHER PRICES, ONE RADIO REPORTER
INTERVIEWS ECONOMIST WHO INDICATES SCEPTICISM REGARDING (IE., INFLATION, ETC.)
NUMBERS WHICH HE BELIEVES ARE WORSE THAN REPORTED (HE’S RIGHT) BUT STILL MORE
THAN EXPECTED UP .6% AND UP MOST IN 6 MONTHS (INFLATION NUMBERS FUDGED FOR
FED), ALL-TIME HIGH REPOSSESSIONS UP 158%, JOBLESS CLAIMS UP MORE THAN EXPECTED
AT HEFTY 384,000, RETAIL SALES UP MORE THAN EXPECTED 1.4% (EXCLUDING
AUTOS-SMART MOVE FOR NUMBERS SAKE AND WALL STREET FRAUD), BUT INVENTORIES OF
GOODS ROSE (THERE’S A LITTLE COST-ACCOUNTING TRICK WHICH FRAUDS ON WALL STREET
WOULD CELEBRATE/ENCOURAGE SINCE QUALITY OF EARNINGS IS APPARENTLY NO LONGER
SOMETHING THEY VALUE-SELL THE SIZZLE/B**L S**T/AND WHAT IS LEAST UNDERSTOOD IS
THERE MODUS POERANDI/MANTRA, VIZ., OVER-PRODUCE GOODS FOR SALE (THE HIGHER
INVENTORIES JUST REPORTED) AND ATTRIBUTE FIXED COSTS TO GREATER NUMBER OF GOODS
WHICH WOULD INCREASE PAPER PROFITS FOR THOSE GOODS SOLD IN THE QUARTER (BE
ESPECIALLY WARY SINCE COMPUTERIZATION HAS MADE SUCH INVENTORY SURPLUSES AND THE
CYCLICAL DOWNTURNS THEREBY RELATIVELY RARE/MINISCULE) AND THEIR RETAIL SALES
INCLUDES THOSE HIGH OIL PRICES, BERNANKE JAWBONES DOLLAR UP,
RIIIIIGHT, SOME REALITY CATCHES UP AS UNEMPLOYMENT RATE JUMPS TO 5.5% WHILE
INTERNATIONAL LAW SCOFFLAW ISRAEL SAYS ATTACKING IRAN INEVITABLE AS OIL ANALYST
SAYS $300 OIL IF UN RESOLUTION VIOLATOR/WAR CRIMINAL ISRAEL DOES, BELYING THE
FALSE DATA, IE., 6-5-08 UNEMPLOYMENT CLAIMS DOWN UNEXPECTEDLY 18,000 TO
STILL HIGH 357,000, ETC., REMAINING PROBLEMS INCLUDING HOME EQUITY AT
LOWEST LEVELS SINCE WW2, DOWNGRADES ON FINANCIALS INCLUDING AMBAC AND
MBIA, ADP, A JERSEY BASED COMPANY NOT UNFAMILIAR TO THE FRAUD/CRIME OF PLACING
FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS TO FACILITATE (ILLEGAL/DRUG) MONEY LAUNDERING
PLAYING BALL (I’M SURE FOR A PRICE/FAVOR) WITH THE FRAUDS ON WALL STREET/ADMIN.
WITH ALLEGED, UNEXPECTED INCREASE IN PRIVATE SECTOR JOBS, NET WORTH/WEALTH IN
U.S. DOWN 11% ACROSS THE BOARD, DOLLAR DOWN AS EUROPE RATIONALLY CONFRONTS
INFLATION AND HINTS AT RATE INCREASES, OIL UP SHARPLY, BIG DISCOUNTERS’ GAINS
HARDLY MAKE FOR A POSITIVE RETAIL CLIMATE WITH SHOPPING LEVELS DOWN 12-16%,
MANUFACTURING INDEX STILL BELOW 50 INDICATING CONTRACTION, CONSTRUCTION DOWN,
INFLATION UP (THAT EQUALS STAGFLATION), AIRLINES EXPECTING $2.3 BILLION LOSS
INSTEAD OF PREVIOUSLY PROJECTED PROFIT, LARGEST PRICE DECLINES FOR REAL ESTATE
OF RECORD –14.4% (-22% IN THE LAND OF FRUITS AND NUTS) ACCORDING TO
CASE-SHILLER INDEX, CONSUMER CONFIDENCE AT LOWEST LEVEL IN 16 YEARS, BUT BAD
NEWS BULLS RALLY STOCKS ON THE BETTER THAN EXPECTED FAKE DATA ALONG WITH PLAIN
BAD NEWS AS CONSUMER CONFIDENCE READING AT 28 YEAR LOW, CONSUMER SPENDING FLAT
ADJUSTED FOR INFLATION, INFLATION EXPECTATIONS AT RECORD HIGHS WHILE 55%
BELIEVE GOVERNMENT ECONOMIC POLICY IS POOR (I’M SURPRISED AT THE LOW PERCENTAGE
RELATIVE TO REALITY), DROP IN OIL INVENTORIES (OIL DROPS) AND FAKE GOV’T REPORT
REVISING FIRST QUARTER GROWTH TO .9% (SUUUUURE… YOU THINK THE ‘WHAT
HAPPENED’ REVELATIONS, SUBSTANTIVELY REPORTED ON THIS WEBSITE LONG AGO
(PRE-WAR), HAD SOMETHING TO DO WITH THE FUDGING ), AND THINGS ARE NOT AS BAD AS
THEY REALLY ARE … GREAT … RIIIIIGHT. ANALYST EMPASIZES TREASURY YIELDS AT
HIGHEST POINT THIS YEAR, WEAK CONSUMER CONFIDENCE (WHICH TRANSLATES INTO WEAK
SPENDING), FINANCIAL MELT-DOWN FAR FROM OVER AS REGIONAL BANKS BEGIN TO TAKE
HITS WHILE OIL ANALYST CITES UPWARD PRESSURE ON PRICES AND TOUGH ENVIRONMENT
FOR REFINERS. DON’T FORGET: THIS ELECTION YEAR PRINT AND SPEND WORTHLESS
WEIMAR DOLLARS, SPIKE IN GOVERNMENT PAYROLLS, FAKE/FUDGE DATA/REPORTS, ETC.,
CAN’T CONTINUE IN LIGHT OF SUBSTANTIAL DEFICITS AND THE FANTASY BUBBLE WILL
BURST POST ELECTION. Bank
issues global stock and credit crash alert... Write
Offs to Top $1.3 Trillion.Who didn’t see this coming? The Next Crisis:
'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' U.S. faces global funding crisis, warns Merrill Lynch More doom for global economy Visualizing Dow 6,000
] U.S. Economy: The Worst is Yet to Come , U.S. Bank Failures Loom , New reports give bleak outlook on housing, economy ,
Foreclosures hit a
record high — and more coming , Ford readies
white-collar layoffs as sales tumble While GM Shutters 4 North american
Factories/Lays off Workers (Reuters) , April insured mortgage defaults rise
(Reuters))
(5-30-13) Dow
15,325 +22 Nasdaq
3,491 +23 S&P 500
1,654 +6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.66 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,411 (+24% for year 2009) / SILVER $22.76 (+47% for year 2009) /
PLATINUM $1,479 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 100 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.13% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-29-13) Dow
15,303 -107 Nasdaq
3,467 -21 S&P 500
1,648 -12http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.11 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,393 (+24% for year 2009) / SILVER $22.45 (+47% for year 2009) /
PLATINUM $1,453 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 101 YEN, .66 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.13% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-28-13) Dow
15,409 +106 Nasdaq
3,489 +29 S&P 500
1,660 +10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.99 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,379 (+24% for year 2009) / SILVER $22.20 (+47% for year 2009) /
PLATINUM $1,456 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 102 YEN, .66 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.15% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-24-13) Dow
15,303 +8 Nasdaq
3,459 -1 S&P 500
1,649 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,386 (+24% for year 2009) / SILVER $22.35 (+47% for year 2009) /
PLATINUM $1,449 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 101 YEN, .66 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.01% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-23-13) Dow
15,295 -12 Nasdaq 3,459 -4
S&P 500
1,651 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,393 (+24% for year 2009) / SILVER $22.63 (+47% for year 2009) /
PLATINUM $1,458 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 102 YEN, .66 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.02% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-22-13) Dow
15,307 -81 Nasdaq 3,463 -39
S&P 500
1,655 -14 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.25 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,365 (+24% for year 2009) / SILVER $22.23 (+47% for year 2009) /
PLATINUM $1,465 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 103 YEN, .66 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.03% ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(5-20-13) Dow
15,335 -19 Nasdaq
3,496 -3 S&P 500
1,666 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.76 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real
than quoted price for respective states including CA, infra – another
manipulation for the ‘feel good’ effect despite the inflationary over-printing
of weimar dollars/currencies)(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,386 (+24% for year 2009) / SILVER $22.61 (+47% for year 2009) /
PLATINUM $1,483 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 102 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.97% AP Business Highlights ...Yahoo Market
Update… This
Is a Secular Bear Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic
/ Financial Data This Depression is
just beginning The coming depression…
thecomingdepression.net The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-17-13) Dow
15,354 +121 Nasdaq
3,499 +34 S&P 500
1,667 +17 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.03 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,365 (+24% for year 2009) / SILVER $22.36 (+47% for year 2009) /
PLATINUM $1,453 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 103 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.95% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-16-13) Dow
15,233 -42 Nasdaq
3,465 -6 S&P 500
1,650 -8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.18 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,386 (+24% for year 2009) / SILVER $22.65 (+47% for year 2009) /
PLATINUM $1,479 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 102 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.87% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-15-13) Dow
15,275 +60 Nasdaq
3,472 +9 S&P 500
1,659 +9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.23 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,396 (+24% for year 2009) / SILVER $22.66 (+47% for year 2009) /
PLATINUM $1,486 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 102 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.94% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-14-13) Dow
15,215 +123 Nasdaq
3,462 +23 S&P 500
1,650 +16 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.20 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,426 (+24% for year 2009) / SILVER $23.38 (+47% for year 2009) /
PLATINUM $1,496 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 102 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.96% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-13-13) Dow
15,091 -26 Nasdaq
3,438 +2 S&P 500
1,634 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.23 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,435 (+24% for year
2009) / SILVER $23.69 (+47% for year 2009) / PLATINUM $1,476 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 101 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.92% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-10-13) Dow
15,119 +35 Nasdaq
3,436 +27 S&P 500
1,634 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.00 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,438 (+24% for year
2009) / SILVER $23.65 (+47% for year 2009) / PLATINUM $1,483 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 101 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.90% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-9-13) Dow
15,083 -23 Nasdaq
3,409 -4 S&P 500
1,626 -6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.32 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,468 (+24% for year
2009) / SILVER $23.91 (+47% for year 2009) / PLATINUM $1,500 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 101 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.81% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-8-13) Dow
15,105 +49 Nasdaq 3,413 +16 S&P 500 1,633 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.69 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,472 (+24% for year
2009) / SILVER $23.89 (+47% for year 2009) / PLATINUM $1,500 (+56% for year
2009) Metal News for
the Day / DOLLAR= .75 EURO, 98 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.81% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-7-13) Dow
15,056 +87 Nasdaq
3,396 +3 S&P 500
1,626 +8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,453 (+24% for year
2009) / SILVER $23.89 (+47% for year 2009) / PLATINUM $1,486 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 98 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.82% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-6-13) Dow
14,969 -5 Nasdaq
3,393 +14 S&P 500
1,617 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.77 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,465 (+24% for year
2009) / SILVER $23.74 (+47% for year 2009) / PLATINUM $1,493 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 99 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.80% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-3-13) Dow
14,974 +142 Nasdaq
3,379 +38 S&P 500
1,614 +17 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.61 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,465 (+24% for year
2009) / SILVER $24.05 (+47% for year 2009) / PLATINUM $1,497 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 98 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-2-13) Dow
14,831 +131 Nasdaq
3,341 +41 S&P 500
1,597 +14 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.86 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,468 (+24% for year
2009) / SILVER $23.76 (+47% for year 2009) / PLATINUM $1,500 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 98 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.66% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(5-1-13) Dow
14,701 -139 Nasdaq
3,299 -29 S&P 500
1,583 -15 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.09 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,453 (+24% for year
2009) / SILVER $23.53 (+47% for year 2009) / PLATINUM $1,462 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 97 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.66% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(4-30-13) Dow
14,839 +106 Nasdaq
3,307 +27 S&P 500
1,597 +11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.03 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,474 (+24% for year
2009) / SILVER $24.26 (+47% for year 2009) / PLATINUM $1,500 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 97 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.70% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(4-29-13) Dow
14,713 +106 Nasdaq
3,307 +27 S&P 500
1,593 +11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.63 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,469 (+24% for year
2009) / SILVER $24.26 (+47% for year 2009) / PLATINUM $1,501 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 97 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.70% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(4-26-13) Dow
14,713 +11 Nasdaq
3,279 -11 S&P 500
1,582 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.96 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,453 (+24% for year
2009) / SILVER $23.74 (+47% for year 2009) / PLATINUM $1,472 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 98 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.70% AP Business
Highlights ...Yahoo
Market Update… ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(4-25-13) Dow
14,700 +25 Nasdaq 3,289 +20
S&P 500
1,585 +6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.22 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,476 (+24% for year
2009) / SILVER $24.45 (+47% for year 2009) / PLATINUM $1,465 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-24-13) Dow
14,676 -43 Nasdaq 3,269 -0-
S&P 500
1,578 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.43 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,438 (+24% for year
2009) / SILVER $23.26 (+47% for year 2009) / PLATINUM $1,432 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.73% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-23-13) Dow
14,719 +152 Nasdaq 3,269 +35
S&P 500
1,578 +16 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.16 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,409 (+24% for year 2009) / SILVER $22.80 (+47% for year 2009) /
PLATINUM $1,420 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-22-13) Dow
14,567 +19 Nasdaq
3,233 +27 S&P 500
1,562 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.22 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,426 (+24% for year 2009) / SILVER $23.39 (+47% for year 2009) /
PLATINUM $1,436 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-19-13) Dow
14,547 +10 Nasdaq
3,206 +39 S&P 500
1,555 +13 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.01 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,398 (+24% for year 2009) / SILVER $23.26 (+47% for year 2009) /
PLATINUM $1,417 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.73% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-18-13) Dow
14,539 -81 Nasdaq
3,166 -38 S&P 500
1,541 -10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.75 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,392 (+24% for year 2009) / SILVER $23.25 (+47% for year 2009) /
PLATINUM $1,423 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 98 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-17-13) Dow
14,619 -138 Nasdaq
3,205 -60 S&P 500
1,552 -23 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,376 (+24% for year 2009) / SILVER $23.33 (+47% for year 2009) /
PLATINUM $1,422 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 98 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.73% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-16-13) Dow
14,756 +158 Nasdaq
3,265 +48 S&P 500
1,574 +22 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.69 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,365 (+24% for year 2009) / SILVER $23.65 (+47% for year 2009) /
PLATINUM $1,445 (+56% for year 2009) Metal News for the Day / DOLLAR= .75 EURO, 97 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.75% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-15-13) Dow
14,599 -265 Nasdaq
3,216 -76 S&P 500
1,552 -36 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.74 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,361 (+24% for year 2009) / SILVER $23.35 (+47% for year 2009) /
PLATINUM $1,398 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 96 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-12-13) Dow
14,865 -1 Nasdaq
3,295 -5 S&P 500
1,589 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.25 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,500 (+24% for year 2009) / SILVER $26.29 (+47% for year 2009) /
PLATINUM $1,486 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 98 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.75% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-11-13) Dow
14,865 +62 Nasdaq
3,300 +3 S&P 500
1,593 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.45 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,565 (+24% for year 2009) / SILVER $27.69 (+47% for year 2009) /
PLATINUM $1,535 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.82% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-10-13) Dow
14,802 +128 Nasdaq
3,297 +59 S&P 500
1,588 +19 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.88 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,558 (+24% for year 2009) / SILVER $27.62 (+47% for year 2009) /
PLATINUM $1,525 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.84% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-09-13) Dow
14,673 +59 Nasdaq
3,238 +15 S&P 500
1,568 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.18 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,586 (+24% for year 2009) / SILVER $27.89 (+47% for year 2009) /
PLATINUM $1,548 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-08-13) Dow
14,613 +48 Nasdaq
3,222 +18 S&P 500
1,563 +9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,573 (+24% for year 2009) / SILVER $27.26 (+47% for year 2009) /
PLATINUM $1,531(+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 99 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.76% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-05-13) Dow
14,565 -42 Nasdaq
3,203 -21 S&P 500
1,553 -7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.01 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,554 (+24% for year 2009) / SILVER $27.13 (+47% for year 2009) /
PLATINUM $1,534 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 97 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-04-13) Dow
14,606 +55 Nasdaq
3,225 +6 S&P 500
1,559 +6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.34 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,553 (+24% for year 2009) / SILVER $26.86 (+47% for year 2009) /
PLATINUM $1,514 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 96 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-03-13) Dow
14,550 -112 Nasdaq
3,218 -36 S&P 500
1,553 -17 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,551 (+24% for year 2009) / SILVER $26.96 (+47% for year 2009) /
PLATINUM $1,523 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 95 YEN, .66 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.83% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-02-13) Dow
14,662 +89 Nasdaq
3,255 +15 S&P 500
1,570 +8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.75 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,576 (+24% for year 2009) / SILVER $27.25 (+47% for year 2009) /
PLATINUM $1,569 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 93 YEN, .66 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.88% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(4-01-13) Dow
14,572 -6 Nasdaq
3,239 -28 S&P 500
1,562 -7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.07 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,598 (+24% for year 2009) / SILVER $27.97 (+47% for year 2009) /
PLATINUM $1,590 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 93 YEN, .65 POUND STERLING, ETC. (How low can you go
LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-28-13) Dow
14,578 +52 Nasdaq
3,267 +11 S&P 500
1,569 +6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.23 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,589 (+24% for year 2009) / SILVER $27.88 (+47% for year 2009) /
PLATINUM $1,566 (+56% for year
2009) Metal News for
the Day / DOLLAR= .78 EURO, 94 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.87% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-27-13) Dow
14,526 -33 Nasdaq
3,256 +4 S&P 500
1,562 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.59 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,605 (+24% for year 2009) / SILVER $28.72 (+47% for year 2009) /
PLATINUM $1,577 (+56% for year
2009) Metal News for
the Day / DOLLAR= .78 EURO, 94 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.87% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-26-13) Dow
14,559 +111 Nasdaq
3,252 +17 S&P 500
1,564 +12 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.16 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,598 (+24% for year 2009) / SILVER $28.61 (+47% for year 2009) /
PLATINUM $1,567 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 94 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.92% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-25-13) Dow
14,447 -64 Nasdaq
3,235 -10 S&P 500
1,551 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.86 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,602 (+24% for year 2009) / SILVER $28.79 (+47% for year 2009) /
PLATINUM $1,574 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 94 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.93% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-22-13) Dow
14,512 +90 Nasdaq
3,245 +22 S&P 500
1,556 +11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.86 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,606 (+24% for year 2009) / SILVER $28.69 (+47% for year 2009) /
PLATINUM $1,578 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 94 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.93% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-21-13) Dow
14,421 -90 Nasdaq
3,222 -32 S&P 500
1,545 -12 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.59 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,613 (+24% for year 2009) / SILVER $29.11 (+47% for year 2009) /
PLATINUM $1,577 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 95 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.95% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-20-13) Dow
14,511 +55 Nasdaq
3,254 +25 S&P 500
1,558 +10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.23 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,606 (+24% for year 2009) / SILVER $28.79 (+47% for year 2009) /
PLATINUM $1,558 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 96 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.96% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-19-13) Dow
14,455 +3 Nasdaq
3,229 -9 S&P 500
1,548 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.68 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,611 (+24% for year 2009) / SILVER $28.89 (+47% for year 2009) /
PLATINUM $1,555 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 95 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.92% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-18-13) Dow
14,452 -62 Nasdaq
3,238 -12 S&P 500
1,552 -9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.25 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,605 (+24% for year 2009) / SILVER $28.93 (+47% for year 2009) /
PLATINUM $1,574 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 95 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.96% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-15-13) Dow
14,514 -25 Nasdaq
3,249 -10 S&P 500
1,560 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.82 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,592 (+24% for year 2009) / SILVER $28.74 (+47% for year 2009) /
PLATINUM $1,588 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 95 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.01% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-14-13) Dow
14,539 +83 Nasdaq
3,259 +13 S&P 500
1,563 +8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.61 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,590 (+24% for year 2009) / SILVER $28.87 (+47% for year 2009) /
PLATINUM $1,588 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 96 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.04% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-13-13) Dow
14,455 +5 Nasdaq
3,245 +2 S&P 500
1,555 +2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,587 (+24% for year 2009) / SILVER $28.83 (+47% for year 2009) /
PLATINUM $1,575 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 95 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.04% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-12-13) Dow
14,450 +3 Nasdaq
3,242 -11 S&P 500
1,552 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.09 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,593 (+24% for year 2009) / SILVER $29.17 (+47% for year 2009) /
PLATINUM $1,594 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 95 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.03% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-11-13) Dow
14,447 +50 Nasdaq
3,253 +8 S&P 500
1,556 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.06 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,583 (+24% for year 2009) / SILVER $28.98 (+47% for year 2009) /
PLATINUM $1,600 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 96 YEN, .67 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.07% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-8-13) Dow
14,397 +67 Nasdaq
3,244 +12 S&P 500
1,551 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.03 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,575 (+24% for year 2009) / SILVER $28.97 (+47% for year 2009) /
PLATINUM $1,597 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 96 YEN, .67 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.06% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-7-13) Dow
14,329 +33 Nasdaq
3,232 +9 S&P 500
1,544 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.56 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,579 (+24% for year 2009) / SILVER $28.88 (+47% for year 2009) /
PLATINUM $1,591 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 94 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.00% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-6-13) Dow
14,296 +42 Nasdaq
3,222 -2 S&P 500
1,541 +1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.45 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,583 (+24% for year 2009) / SILVER $28.96 (+47% for year 2009) /
PLATINUM $1,587 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 93 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.95% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-5-13) Dow
14,253 +126 Nasdaq
3,224 +42 S&P 500
1,539 +14 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.83 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,576 (+24% for year 2009) / SILVER $28.74 (+47% for year 2009) /
PLATINUM $1,589 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 93 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.90% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-4-13) Dow
14,127 +38 Nasdaq
3,182 +12 S&P 500
1,525 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.26 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,574 (+24% for year 2009) / SILVER $28.56 (+47% for year 2009) /
PLATINUM $1,565 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 93 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.88% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(3-1-13) Dow
14,090 +35 Nasdaq
3,169 +9 S&P 500
1,518 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.95 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,576 (+24% for year 2009) / SILVER $28.53 (+47% for year 2009) /
PLATINUM $1,569 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 93 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-28-13) Dow
14,054 -21 Nasdaq
3,160 -2 S&P 500
1,514 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.03 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,579 (+24% for year 2009) / SILVER $28.53 (+47% for year 2009) /
PLATINUM $1,575 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 92 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.89% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-27-13) Dow
14,075 +175 Nasdaq
3,162 +33 S&P 500
1,516 +19 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.14 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,597 (+24% for year 2009) / SILVER $29.05 (+47% for year 2009) /
PLATINUM $1,593 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 92 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.91% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-26-13) Dow
13,900 +116 Nasdaq
3,129 +13 S&P 500
1,497 +9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.10 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,605 (+24% for year 2009) / SILVER $29.11 (+47% for year 2009) /
PLATINUM $1,602 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 91 YEN, .66 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.88% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-25-13) Dow
13,784 -216 Nasdaq
3,116 -46 S&P 500
1,488 -28 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.10 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,597 (+24% for year 2009) / SILVER $28.93 (+47% for year 2009) /
PLATINUM $1,591 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 92 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.88% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-22-13) Dow
14,000 +119 Nasdaq 3,162 +30
S&P 500
1,515 +13 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.14 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,574 (+24% for year 2009) / SILVER $28.53 (+47% for year 2009) /
PLATINUM $1,605 (+56% for year
2009) Metal News for
the Day / DOLLAR= .75 EURO, 93 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.97% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-21-13) Dow
13,880 -47 Nasdaq 3,131 -33
S&P 500
1,502 -10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.78 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,579 (+24% for year 2009) / SILVER $28.69 (+47% for year 2009) /
PLATINUM $1,625 (+56% for year
2009) Metal News for
the Day / DOLLAR= .75 EURO, 93 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.99% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-20-13) Dow
13,927 -108 Nasdaq 3,164 -49
S&P 500
1,511 -19 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.22 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,579 (+24% for year 2009) / SILVER $28.53 (+47% for year 2009) /
PLATINUM $1,621 (+56% for year
2009) Metal News for
the Day / DOLLAR= .75 EURO, 93 YEN, .65 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.02% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-19-13) Dow
14,035 +53 Nasdaq
3,213 +22 S&P 500
1,530 +11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.13 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,605 (+24% for year 2009) / SILVER $29.53 (+47% for year 2009) /
PLATINUM $1,691 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 93 YEN, .64 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.03% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-08-13) Dow
13,993 +49 Nasdaq
3,193 +28 S&P 500
1,513 +8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.83 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,665 (+24% for year 2009) / SILVER $31.35 (+47% for year 2009) /
PLATINUM $1,713 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 93 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.99% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-07-13) Dow
13,944 -42 Nasdaq
3,165 -3 S&P 500
1,509 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.83 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $31.35 (+47% for year 2009) /
PLATINUM $1,715 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 93 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.99% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-06-13) Dow
13,986 +7 Nasdaq
3,168 -3 S&P 500
1,512 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.86 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,677 (+24% for year 2009) / SILVER $31.82 (+47% for year 2009) /
PLATINUM $1,731 (+56% for year
2009) Metal News for
the Day / DOLLAR= .73 EURO, 93 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.00% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-05-13) Dow
13,979 +99 Nasdaq
3,172 +40 S&P 500
1,511 +15 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.65 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real
than quoted price for respective states including CA, infra – another
manipulation for the ‘feel good’ effect despite the inflationary over-printing
of weimar dollars/currencies)(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,672(+24% for year 2009) / SILVER $31.74 (+47% for year 2009) /
PLATINUM $1,704 (+56% for year
2009) Metal News for
the Day / DOLLAR= .73 EURO, 93 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.04% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-04-13) Dow
13,880 -130 Nasdaq 3,131 -48
S&P 500
1,495 -18 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.17 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,676 (+24% for year 2009) / SILVER $31.72 (+47% for year 2009) /
PLATINUM $1,691 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 92 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.00% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(2-01-13) Dow
14,009 +149 Nasdaq
3,179 +37 S&P 500
1,513 +15 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.77 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,665 (+24% for year 2009) / SILVER $31.79 (+47% for year 2009) /
PLATINUM $1,676 (+56% for year
2009) Metal News for
the Day / DOLLAR= .73 EURO, 92 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.04% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-31-13) Dow
13,861 -50 Nasdaq
3,142 -1 S&P 500
1,498 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,662 (+24% for year 2009) / SILVER $31.38 (+47% for year 2009) /
PLATINUM $1,674 (+56% for year
2009) Metal News for
the Day / DOLLAR= .73 EURO, 91 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.02% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-30-13) Dow
13,910 -44 Nasdaq
3,142 -11 S&P 500
1,502 -6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,679 (+24% for year 2009) / SILVER $32.07 (+47% for year 2009) /
PLATINUM $1,683 (+56% for year
2009) Metal News for
the Day / DOLLAR= .73 EURO, 90 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.03% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-29-13) Dow
13,954 +72 Nasdaq
3,153 -1 S&P 500
1,507 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $31.38 (+47% for year 2009) /
PLATINUM $1,683 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 90 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.03% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-28-13) Dow
13,882 -14 Nasdaq
3,154 +4 S&P 500
1,500 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.54 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,653 (+24% for year 2009) / SILVER $30.78 (+47% for year 2009) /
PLATINUM $1,688 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 90 YEN, .63 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 2.00% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-25-13) Dow
13,896 +71 Nasdaq
3,149 +19 S&P 500
1,503 +8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.88 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,658 (+24% for year 2009) / SILVER $31.11 (+47% for year 2009) /
PLATINUM $1,688 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 90 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.98% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-24-13) Dow
13,825 +46 Nasdaq
3,130 -23 S&P 500
1,495 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.94 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $31.72 (+47% for year 2009) /
PLATINUM $1,683 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 90 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.88% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-23-13) Dow
13,779 +66 Nasdaq
3,153 +10 S&P 500
1,495 +2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.29 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,682 (+24% for year 2009) / SILVER $32.04 (+47% for year 2009) /
PLATINUM $1,677 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 90 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-22-13) Dow
13,712 +62 Nasdaq
3,143 +8 S&P 500
1,489 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.69 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,693 (+24% for year 2009) / SILVER $32.17 (+47% for year 2009) /
PLATINUM $1,695 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 90 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-18-13) Dow
13,649 +53 Nasdaq 3,135 -1 S&P 500 1,486 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.83 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,683 (+24% for year 2009) / SILVER $31.80 (+47% for year 2009) /
PLATINUM $1,665 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 90 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-17-13) Dow
13,596 +85 Nasdaq 3,136 +18
S&P 500
1,480 +8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,691 (+24% for year 2009) / SILVER $31.82 (+47% for year 2009) /
PLATINUM $1,682 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 89 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.89% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-16-13) Dow
13,511 -24 Nasdaq
3,118 +6 S&P 500
1,472 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.23 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,683 (+24% for year 2009) / SILVER $31.53 (+47% for year 2009) /
PLATINUM $1,676 (+56% for year
2009) Metal News for
the Day / DOLLAR= .75 EURO, 89 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.84% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-15-13) Dow
13,535 +27 Nasdaq
3,111 -7 S&P 500
1,472 +1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.29 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,683 (+24% for year 2009) / SILVER $31.49 (+47% for year 2009) /
PLATINUM $1,669 (+56% for year
2009) Metal News for
the Day / DOLLAR= .75 EURO, 89 YEN, .62 POUND STERLING, ETC. (How
low can you go LOWER)/ Interest Rates:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-14-13) Dow
13,507 +19 Nasdaq
3,117 -8 S&P 500
1,471 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.47 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,672(+24% for year 2009) / SILVER $31.13 (+47% for year 2009) / PLATINUM $1,659 (+56% for year 2009) Metal News for the Day / DOLLAR= .74 EURO, 89 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.89% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-11-13) Dow
13,488 +17 Nasdaq
3,126 +3 S&P 500
1,472 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.59 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,662 (+24% for year
2009) / SILVER $30.53 (+47% for year
2009) / PLATINUM $1,629 (+56% for year
2009) Metal News for
the Day / DOLLAR= .74 EURO, 89 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.89% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-10-13) Dow
13,471 +80 Nasdaq
3,122 +16 S&P 500
1,472 +11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.83 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,677 (+24% for year
2009) / SILVER $30.93 (+47% for year
2009) / PLATINUM $1,630 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 88 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.91% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-9-13) Dow
13,390 +62 Nasdaq
3,106 +14 S&P 500
1,461 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.09 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,656 (+24% for year 2009) / SILVER $30.38 (+47% for year 2009) /
PLATINUM $1,594 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 88 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.88% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-8-13) Dow
13,329 -55 Nasdaq
3,091 -7 S&P 500
1,457 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.22 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,662 (+24% for year 2009) / SILVER $30.48 (+47% for year 2009) /
PLATINUM $1,573 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 87 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.89% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-7-13) Dow
13,384 -51 Nasdaq
3,098 -3 S&P 500
1,462 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.15 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,646 (+24% for year 2009) / SILVER $30.08 (+47% for year 2009) /
PLATINUM $1,552 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 88 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.92% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-4-13) Dow
13,435 +43Nasdaq 3,101 +1 S&P 500 1,466 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.06 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,649 (+24% for year 2009) / SILVER $29.91 (+47% for year 2009) /
PLATINUM $1,559 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 88 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.93% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-3-13) Dow
13,391 -21 Nasdaq
3,100 -12 S&P 500
1,459 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.92 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,674 (+24% for year 2009) / SILVER $30.74 (+47% for year 2009) /
PLATINUM $1,546 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 87 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.92% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(1-2-13) Dow
13,413 +308 Nasdaq
3,112 +93 S&P 500
1,462 +36 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.11 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,686 (+24% for year 2009) / SILVER $31.03 (+47% for year 2009) /
PLATINUM $1,562 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 87 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-31-12) Dow
13,104 +166 Nasdaq
3,019 +59 S&P 500
1,426 +23 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.78 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,676 (+24% for year 2009) / SILVER $30.26 (+47% for year 2009) /
PLATINUM $1,536 (+56% for year 2009) Metal News for the Day / DOLLAR= .75 EURO, 86 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-28-12) Dow
12,938 -158 Nasdaq
2,960 -26 S&P 500
1,402 -16 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.83 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,656 (+24% for year 2009) / SILVER $30.03 (+47% for year 2009) /
PLATINUM $1,518 (+56% for year 2009) Metal News for the Day / DOLLAR= .75 EURO, 86 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-27-12) Dow
13,096 -19 Nasdaq
2,986 -4 S&P 500
1,418 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.86 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,662 (+24% for year 2009) / SILVER $30.26 (+47% for year 2009) /
PLATINUM $1,533 (+56% for year 2009) Metal News for the Day / DOLLAR= .75 EURO, 86 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-26-12) Dow
13,115 -25 Nasdaq
2,990 -23 S&P 500
1,420 -7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.05 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,661 (+24% for year 2009) / SILVER $30.03 (+47% for year 2009) /
PLATINUM $1,536 (+56% for year 2009) Metal News for the Day / DOLLAR= .75 EURO, 85 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.77% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-24-12) Dow
13,139 -52 Nasdaq
3,013 -9 S&P 500
1,427 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.62 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,653 (+24% for year 2009) / SILVER $29.86 (+47% for year 2009) /
PLATINUM $1,530 (+56% for year 2009) Metal News for the Day / DOLLAR= .75 EURO, 83 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.79% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-21-12) Dow
13,191 -121 Nasdaq
3,021 -29 S&P 500
1,430 -14 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.65 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,656 (+24% for year 2009) / SILVER $29.92 (+47% for year 2009) /
PLATINUM $1,536 (+56% for year 2009) Metal News for the Day / DOLLAR= .75 EURO, 83 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.77% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-20-12) Dow
13,311 +59 Nasdaq
3,050 +6 S&P 500
1,443 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.13 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,645 (+24% for year 2009) / SILVER $29.79 (+47% for year 2009) /
PLATINUM $1,546 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 83 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.80% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-19-12) Dow
13,252 -99 Nasdaq
3,044 -10 S&P 500
1,435 -11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.35 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $31.10 (+47% for year 2009) /
PLATINUM $1,589 (+56% for year 2009) Metal News for the Day / DOLLAR= .76 EURO, 83 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.82% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-18-12) Dow
13,350 +115 Nasdaq
3,054 +43 S&P 500
1,446 +16 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.35 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $31.55 (+47% for year 2009) /
PLATINUM $1,588 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 83 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.83% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-17-12) Dow
13,235 +100 Nasdaq
3,010 +39 S&P 500
1,430 +16 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.26 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,702 (+24% for year 2009) / SILVER $32.38 (+47% for year 2009) /
PLATINUM $1,610 (+56% for year
2009) Metal News for
the Day / DOLLAR= .75 EURO, 83 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-14-12) Dow
13,135 -36 Nasdaq
2,971 -21 S&P 500
1,413 -6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.75 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,697 (+24% for year 2009) / SILVER $32.31 (+47% for year 2009) /
PLATINUM $1,613 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 83 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-13-12) Dow
13,170 -75 Nasdaq
2,992 -22 S&P 500
1,419 -9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.90 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real
than quoted price for respective states including CA, infra – another manipulation
for the ‘feel good’ effect despite the inflationary over-printing of weimar
dollars/currencies)(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,697 (+24% for year 2009) / SILVER $32.38 (+47% for year 2009) /
PLATINUM $1,613 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 83 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
This
Is a Secular Bear Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC COLLAPSE EVER’ Must Read
Economic / Financial Data This Depression is
just beginning The coming
depression… thecomingdepression.net
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME!
(12-12-12) Dow
13,245 -3 Nasdaq
3,013 -8 S&P 500
1,427 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.79 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,718 (+24% for year 2009) / SILVER $33.79 (+47% for year 2009) /
PLATINUM $1,623 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 83 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-11-12) Dow
13,248 +78 Nasdaq
3,022 +35 S&P 500
1,427 +9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.76 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,709 (+24% for year 2009) / SILVER $33.00 (+47% for year 2009) /
PLATINUM $1,626 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.66% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-10-12) Dow
13,169 +14 Nasdaq
2,986 +9 S&P 500
1,418 -0-http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.26 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,714 (+24% for year 2009) / SILVER $33.37 (+47% for year 2009) /
PLATINUM $1,615 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-07-12) Dow
13,155 +81 Nasdaq
2,978 -11 S&P 500
1,418 +4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.26 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,705 (+24% for year 2009) / SILVER $33.13 (+47% for year 2009) /
PLATINUM $1,605 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.64% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-06-12) Dow
13,074 +39 Nasdaq
2,989 +15 S&P 500
1,414 +4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.26 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,702 (+24% for year 2009) / SILVER $33.13 (+47% for year 2009) /
PLATINUM $1,594 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.59% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-05-12) Dow
13,034 +83 Nasdaq
2,974 -23 S&P 500
1,409 +2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.87 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,694 (+24% for year 2009) / SILVER $32.94 (+47% for year 2009) /
PLATINUM $1,574 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.60% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-04-12) Dow
12,951 -14 Nasdaq
2,996 -6 S&P 500
1,407 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.47 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,696 (+24% for year 2009) / SILVER $32.83 (+47% for year 2009) /
PLATINUM $1,579 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(12-03-12) Dow
12,965-60 Nasdaq 3,002 -8
S&P 500
1,409 -7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.98 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,722 (+24% for year 2009) / SILVER $33.74 (+47% for year 2009) /
PLATINUM $1,605 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-30-12) Dow
13,026 +3 Nasdaq
3,010 -2 S&P 500
1,416 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.94 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,714 (+24% for year 2009) / SILVER $33.36 (+47% for year 2009) /
PLATINUM $1,599 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-29-12) Dow
13,022 +37 Nasdaq
3,012 +20 S&P 500
1,416 +6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.04 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,729 (+24% for year 2009) / SILVER $34.35 (+47% for year 2009) /
PLATINUM $1,613 (+56% for year
2009) Metal News for
the Day / DOLLAR= .76 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-28-12) Algo Appreciation Day as stocks move on
such manipulated b***s*** as to make reporting of same a worthless endeavor.
(11-27-12) Dow
12,878 -89 Nasdaq
2,967 -9 S&P 500
1,398 -7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.13 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,743 (+24% for year 2009) / SILVER $33.99 (+47% for year 2009) /
PLATINUM $1,602 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.65% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-26-12) Dow
12,967 -42 Nasdaq
2,976 +9 S&P 500
1,406 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.72 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,749 (+24% for year 2009) / SILVER $34.13 (+47% for year 2009) /
PLATINUM $1,609 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.66% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-23-12) Dow
13,009 +172 Nasdaq
2,966 +40 S&P 500
1,409 +18 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.65 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,752 (+24% for year 2009) / SILVER $33.90 (+47% for year 2009) /
PLATINUM $1,615 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.69% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-21-12) Dow
12,836 +48 Nasdaq
2,926 +9 S&P 500
1,391 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.65 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,710 (+24% for year 2009) / SILVER $33.26 (+47% for year 2009) /
PLATINUM $1,573 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 82 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.69% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-20-12) Dow
12,788 -7 Nasdaq
2,916 -0- S&P 500
1,388 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.92 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,726 (+24% for year 2009) / SILVER $32.98 (+47% for year 2009) /
PLATINUM $1,569 (+56% for year
2009) Metal News for
the Day / DOLLAR= .78 EURO, 81 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.66% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-19-12) Dow
12,796 +207 Nasdaq
2,916 +62 S&P 500
1,386 +27 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.35 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real
than quoted price for respective states including CA, infra – another
manipulation for the ‘feel good’ effect despite the inflationary over-printing
of weimar dollars/currencies)(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,735 (+24% for year 2009) / SILVER $33.15 (+47% for year 2009) /
PLATINUM $1,572 (+56% for year
2009) Metal News for
the Day / DOLLAR= .78 EURO, 80 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.61% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
This
Is a Secular Bear Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC COLLAPSE EVER’ Must Read
Economic / Financial Data This Depression is
just beginning The coming
depression… thecomingdepression.net
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE
TO COME! [ The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed !
(11-16-12) Dow
12,588 +45 Nasdaq
2,853 +16 S&P 500
1,359 +6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.96 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,714 (+24% for year 2009) / SILVER $32.26 (+47% for year 2009) /
PLATINUM $1,557 (+56% for year
2009) Metal News for
the Day / DOLLAR= .78 EURO, 80 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.58% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-15-12) Dow
12,542 -29 Nasdaq
2,836 -10 S&P 500
1,353 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.83 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,713 (+24% for year 2009) / SILVER $32.65 (+47% for year 2009) /
PLATINUM $1,556 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 79 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.58% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-14-12) Dow
12,571 -185 Nasdaq
2,847 -37 S&P 500
1,355 -19 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.72 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real
than quoted price for respective states including CA, infra – another
manipulation for the ‘feel good’ effect despite the inflationary over-printing
of weimar dollars/currencies)(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,726 (+24% for year 2009) / SILVER $32.65 (+47% for year 2009) /
PLATINUM $1,583 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.59% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-13-12) Dow
12,756 -59 Nasdaq
2,883 -20 S&P 500
1,374 -6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.89 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,726 (+24% for year 2009) / SILVER $32.61 (+47% for year 2009) /
PLATINUM $1,592 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.59% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-12-12) Dow
12,815 -1 Nasdaq
2,904 -1 S&P 500
1,380 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.56 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,723 (+24% for year 2009) / SILVER $32.23 (+47% for year 2009) /
PLATINUM $1,556 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-9-12) Dow
12,815 +4 Nasdaq
2,904 +9 S&P 500
1,379 +2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.09 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,731 (+24% for year 2009) / SILVER $32.62 (+47% for year 2009) /
PLATINUM $1,559 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-8-12) Dow
12,811 -121 Nasdaq
2,895 -42 S&P 500
1,377 -17 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.09 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,726 (+24% for year 2009) / SILVER $32.24 (+47% for year 2009) /
PLATINUM $1,548 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-7-12) Dow
12,933 -313 Nasdaq
2,937 -75 S&P 500
1,395 -34 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.05 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,718 (+24% for year 2009) / SILVER $31.90 (+47% for year 2009) /
PLATINUM $1,539 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.68% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-6-12) Dow
13,245 +133 Nasdaq
3,011 +12 S&P 500
1,428 +11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.72 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,714 (+24% for year 2009) / SILVER $32.03 (+47% for year 2009) /
PLATINUM $1,559 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-5-12) Dow
13,112 +19 Nasdaq
2,999 +17 S&P 500
1,417 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $84.86 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,686 (+24% for year 2009) / SILVER $31.11 (+47% for year 2009) /
PLATINUM $1,539 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-2-12) Dow
13,093 -139 Nasdaq
2,982 -38 S&P 500
1,414 -13 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $84.86 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,677 (+24% for year 2009) / SILVER $30.86 (+47% for year 2009) /
PLATINUM $1,538 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.75% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(11-1-12) Dow
13,232 +136 Nasdaq
3,020 +42 S&P 500
1,427 +15 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.06 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83)(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,716 (+24% for year 2009) / SILVER $32.26 (+47% for year 2009) /
PLATINUM $1,559 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.75% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-31-12) Dow
13,096 -11 Nasdaq
2,977 -11 S&P 500
1,412 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.22 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,719 (+24% for year 2009) / SILVER $32.31 (+47% for year 2009) /
PLATINUM $1,567 (+56% for year
2009) Metal News for
the Day / DOLLAR= .77 EURO, 77 YEN,
.61 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-26-12) Dow
13,107 +3 Nasdaq
2,988 +1 S&P 500
1,411 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.28 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,711 (+24% for year 2009) / SILVER $31.95 (+47% for year 2009) /
PLATINUM $1,539 (+56% for year
2009) Metal News for
the Day / DOLLAR= .79 EURO, 77 YEN,
.62 POUND STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-25-12) Dow
13,103 +26 Nasdaq
2,986 +4 S&P 500
1,413 +4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.65 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,719 (+24% for year 2009) / SILVER $32.26 (+47% for year 2009) /
PLATINUM $1,553 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-24-12) Dow
13,077 -25 Nasdaq
2,982 -9 S&P 500
1,408 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.65 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,702 (+24% for year 2009) / SILVER $31.68 (+47% for year 2009) /
PLATINUM $1,565 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.80% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-23-12) Dow
13,103 -243 Nasdaq
2,990 -26 S&P 500
1,413 -21 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.65 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,706 (+24% for year 2009) / SILVER $31.76 (+47% for year 2009) /
PLATINUM $1,566 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.79% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-22-12) Dow
13,345 +2 Nasdaq
3,016 +11 S&P 500
1,433 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.69 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,726 (+24% for year 2009) / SILVER $32.35 (+47% for year 2009) /
PLATINUM $1,605 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.83% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-19-12) Dow
13,343 -205 Nasdaq
3,005 -67 S&P 500
1,433 -24 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.03 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,724 (+24% for year 2009) / SILVER $32.05 (+47% for year 2009) /
PLATINUM $1,615 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.79% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-18-12) Dow
13,549 -8 Nasdaq
3,073 -31 S&P 500
1,457 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.53 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,739 (+24% for year 2009) / SILVER $32.74 (+47% for year 2009) /
PLATINUM $1,638 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.86% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-17-12) Dow
13,557 +5 Nasdaq
3,104 +3 S&P 500
1,461 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.53 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,753 (+24% for year 2009) / SILVER $33.23 (+47% for year 2009) /
PLATINUM $1,665 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.83% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-16-12) Dow
13,552 +127 Nasdaq
3,101 +37 S&P 500
1,455 +15 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.98 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,746 (+24% for year 2009) / SILVER $32.97 (+47% for year 2009) /
PLATINUM $1,645 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 76 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
This
Is a Secular Bear Market and The End of Buy and Hold … and Hope ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-15-12) Dow
13,424 +95 Nasdaq
3,064 +20 S&P 500
1,440 +11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.83 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,738 (+24% for year 2009) / SILVER $32.65 (+47% for year 2009) /
PLATINUM $1,633 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.70% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-12-12) Dow
13,329 +2 Nasdaq
3,044 -5 S&P 500
1,429 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.86 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,759 (+24% for year 2009) / SILVER $33.67 (+47% for year 2009) /
PLATINUM $1,647 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.69% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-11-12) Dow
13,326 -19 Nasdaq
3,049 -2 S&P 500
1,432 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.18 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,771 (+24% for year 2009) / SILVER $34.08 (+47% for year 2009) /
PLATINUM $1,676 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.70% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-10-12) Dow
13,345 -128 Nasdaq
3,051 -13 S&P 500
1,432 -9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.07 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,765 (+24% for year 2009) / SILVER $34.19 (+47% for year 2009) /
PLATINUM $1,674 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.72% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-9-12) Dow
13,473 -110 Nasdaq
3,065 -47 S&P 500
1,441 -14 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.92 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,765 (+24% for year 2009) / SILVER $33.76 (+47% for year 2009) /
PLATINUM $1,679 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-8-12) Dow
13,583 -26 Nasdaq
3,112 -24 S&P 500
1,455 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.16 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.65 REG./ $4.75
MID-GRADE/ $4.90 PREM./ $4.76 DIESEL L )
/ GOLD $1,776 (+24% for year 2009) / SILVER $34.09 (+47% for year 2009) /
PLATINUM $1,689 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.75% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-5-12) Dow
13,610 +35 Nasdaq
3,135 -13 S&P 500
1,461 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.88 (-54% for year 2008) (RECORD TRADING HIGH
$147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,779 (+24% for year 2009) / SILVER $34.56 (+47% for year 2009) /
PLATINUM $1,703 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.75% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-4-12) Dow
13,575 +80 Nasdaq
3,149 +14 S&P 500
1,445 +10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.31 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,796 (+24% for year 2009) / SILVER $35.09 (+47% for year 2009) /
PLATINUM $1,720 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.67% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-3-12) Dow
13,495 +12 Nasdaq
3,135 +15 S&P 500
1,445 +1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (**The BTU-adjusted price of E-85 is the nationwide average price of E-85
adjusted to reflect the lower energy content as expressed in British Thermal
Units - and hence miles per gallon - available in a gallon of E-85 as compared
to the same volume of conventional gasoline…’ so adjusted=$4.00 – higher real
than quoted price for respective states including CA, infra – another manipulation
for the ‘feel good’ effect despite the inflationary over-printing of weimar
dollars/currencies)(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,788 (+24% for year 2009) / SILVER $34.95 (+47% for year 2009) /
PLATINUM $1,693 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-2-12) Dow
13,482 -33 Nasdaq
3,120 +6 S&P 500
1,445 +1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.89 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,776 (+24% for year 2009) / SILVER $34.67 (+47% for year 2009) /
PLATINUM $1,669 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(10-1-12) Dow
13,515 +77 Nasdaq
3,113 -3 S&P 500
1,444 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.38 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,776 (+24% for year 2009) / SILVER $34.71 (+47% for year 2009) /
PLATINUM $1,669 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-28-12) Dow
13,437 -49 Nasdaq
3,116 -20 S&P 500
1,440 -6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.19 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,771 (+24% for year 2009) / SILVER $34.36 (+47% for year 2009) /
PLATINUM $1,659 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.65% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-27-12) Dow
13,486 +72 Nasdaq
3,136 +42 S&P 500
1,447 +13 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.89 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,779 (+24% for year 2009) / SILVER $34.66 (+47% for year 2009) /
PLATINUM $1,655 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.66% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-26-12) Dow
13,414 -44 Nasdaq
3,093 -24 S&P 500
1,433 -8 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.26 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,756 (+24% for year 2009) / SILVER $34.08 (+47% for year 2009) /
PLATINUM $1,630 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.64% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-25-12) Dow
13,457 -101 Nasdaq
3,117 -43 S&P 500
1,441 -15 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.38 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,765 (+24% for year 2009) / SILVER $33.89 (+47% for year 2009) /
PLATINUM $1,630 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.70% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-24-12) Dow
13,559 -21 Nasdaq
3,161 -19 S&P 500
1,456 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.07 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,765 (+24% for year 2009) / SILVER $33.99 (+47% for year 2009) /
PLATINUM $1,617 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.74% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-21-12) Dow
13,579 -17 Nasdaq
3,179 +4 S&P 500
1,460 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.26 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,773 (+24% for year 2009) / SILVER $34.65 (+47% for year 2009) /
PLATINUM $1,633 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.77% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-20-12) Dow
13,597 +19 Nasdaq
3,176 -7 S&P 500
1,460 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.26 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,769 (+24% for year 2009) / SILVER $34.69 (+47% for year 2009) /
PLATINUM $1,621 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.80% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
This
Is a Secular Bear Market and The End of Buy and Hold … and Hope ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-19-12) Dow
13,577 +13 Nasdaq
3,183 +5 S&P 500
1,461 +1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.26 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,772 (+24% for year 2009) / SILVER $34.58 (+47% for year 2009) /
PLATINUM $1,635 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10YR NOTE YIELD 1.79% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-18-12) Dow
13,565 +11 Nasdaq
3,177 -1 S&P 500
1,459 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,771 (+24% for year 2009) / SILVER $34.74 (+47% for year 2009) /
PLATINUM $1,625 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.82% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-17-12) Dow
13,553 -40 Nasdaq
3,178 -5 S&P 500
1,461 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,769 (+24% for year 2009) / SILVER $34.39 (+47% for year 2009) /
PLATINUM $1,665 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.85% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-14-12) Dow
13,593 +53 Nasdaq
3,183 +28 S&P 500
1,465 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $99.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,769 (+24% for year 2009) / SILVER $34.56 (+47% for year 2009) /
PLATINUM $1,704 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.78% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-13-12) Dow
13,539 +206 Nasdaq
3,155 +41 S&P 500
1,459 +23 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $98.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,772 (+24% for year 2009) / SILVER $34.65 (+47% for year 2009) /
PLATINUM $1,691 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 76 YEN, .61 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.75% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-12-12) Dow
13,333 +10 Nasdaq
3,114 +10 S&P 500
1,436 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,735 (+24% for year 2009) / SILVER $33.58 (+47% for year 2009) /
PLATINUM $1,605 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.77% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-11-12) Dow
13,323 +69 Nasdaq
3,104 -0- S&P 500
1,433 +4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.38 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,735 (+24% for year 2009) / SILVER $33.58 (+47% for year 2009) /
PLATINUM $1,605 (+56% for year 2009) Metal News for the Day / DOLLAR= .77 EURO, 77 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.70% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-10-12) Dow
13,254 -52 Nasdaq
3,104 -32 S&P 500
1,429 -9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,731 (+24% for year 2009) / SILVER $33.63 (+47% for year 2009) /
PLATINUM $1,589 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 78 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.68% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-7-12) Dow
13,306 +14 Nasdaq
3,136 -0- S&P 500
1,438 +5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.42 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,738 (+24% for year 2009) / SILVER $33.65 (+47% for year 2009) /
PLATINUM $1,587 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 78 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.67% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-6-12) Dow
13,292 +245 Nasdaq
3,135 +66 S&P 500
1,432 +29 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.59 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,695 (+24% for year 2009) / SILVER $32.26 (+47% for year 2009) /
PLATINUM $1,575 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.68% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-5-12) Dow
13,047 +11 Nasdaq
3,069 -6 S&P 500
1,403 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.45 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,696 (+24% for year 2009) / SILVER $32.35 (+47% for year 2009) /
PLATINUM $1,583 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.60% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(9-4-12) Dow
13,035 -55 Nasdaq
3,075 +8 S&P 500
1,405 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,695 (+24% for year 2009) / SILVER $32.35 (+47% for year 2009) /
PLATINUM $1,556 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .62 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.59% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-31-12) Dow
13,090 +90 Nasdaq
3,066 +18 S&P 500
1,406 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.47 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83(reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,690 (+24% for year 2009) / SILVER $31.65 (+47% for year 2009) /
PLATINUM $1,534 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.57% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-30-12) Dow
13,000 -107 Nasdaq
3,048 -32 S&P 500
1,399 -11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.26 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.83 (reg. gas in LAND OF FRUITS AND NUTS $4.15 REG./ $4.25
MID-GRADE/ $4.34 PREM./ $4.46 DIESEL L )
/ GOLD $1,656 (+24% for year 2009) / SILVER $30.35 (+47% for year 2009) /
PLATINUM $1,498 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.63% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-29-12) Dow
13,107 +4 Nasdaq
3,081 +4 S&P 500
1,410 +1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.26 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.75 (reg. gas in LAND OF FRUITS AND NUTS $4.13 REG./ $4.22
MID-GRADE/ $4.31 PREM./ $4.35 DIESEL L )
/ GOLD $1,663 (+24% for year 2009) / SILVER $30.83 (+47% for year 2009) /
PLATINUM $1,514 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.66% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-28-12) Dow
13,103 -22 Nasdaq
3,077 +3 S&P 500
1,409 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.86 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.75 (reg. gas in LAND OF FRUITS AND NUTS $4.13 REG./ $4.22
MID-GRADE/ $4.31 PREM./ $4.35 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $30.88 (+47% for year 2009) /
PLATINUM $1,523 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.64% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-27-12) Dow
13,124 -33 Nasdaq
3,073 +3 S&P 500
1,410 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.72 (reg. gas in LAND OF FRUITS AND NUTS $4.13 REG./ $4.22
MID-GRADE/ $4.31 PREM./ $4.35 DIESEL L )
/ GOLD $1,659 (+24% for year 2009) / SILVER $30.65 (+47% for year 2009) /
PLATINUM $1,535 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.65% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-24-12) Dow
13,158 +100 Nasdaq
3,069 +16 S&P 500
1,411 +9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.11 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.72 (reg. gas in LAND OF FRUITS AND NUTS $4.13 REG./ $4.22
MID-GRADE/ $4.31 PREM./ $4.35 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $30.65 (+47% for year 2009) /
PLATINUM $1,545 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.68% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-23-12) Dow
13,057 -115 Nasdaq
3,053 -20 S&P 500
1,402 -11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.29 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.72 (reg. gas in LAND OF FRUITS AND NUTS $4.13 REG./ $4.22
MID-GRADE/ $4.31 PREM./ $4.35 DIESEL L )
/ GOLD $1,669 (+24% for year 2009) / SILVER $30.45 (+47% for year 2009) /
PLATINUM $1,537 (+56% for year 2009) Metal News for the Day / DOLLAR= .78 EURO, 79 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.68% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-22-12) Dow
13,172 -31 Nasdaq
3,073 +6 S&P 500
1,413 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $97.29 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.72 (reg. gas in LAND OF FRUITS AND NUTS $4.13 REG./ $4.22
MID-GRADE/ $4.31 PREM./ $4.35 DIESEL L )
/ GOLD $1,653 (+24% for year 2009) / SILVER $29.53 (+47% for year 2009) /
PLATINUM $1,533 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 80 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.71% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-21-12) Dow
13,203 -68 Nasdaq
3,067 -9 S&P 500
1,413 -5 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.89 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.72 (reg. gas in LAND OF FRUITS AND NUTS $4.13 REG./ $4.22
MID-GRADE/ $4.31 PREM./ $4.35 DIESEL L )
/ GOLD $1,642 (+24% for year 2009) / SILVER $29.42 (+47% for year 2009) /
PLATINUM $1,516 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 80 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.80% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-20-12) Dow
13,271 -4 Nasdaq
3,076 -1 S&P 500
1,418 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./
$3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,623 (+24% for year 2009) / SILVER $28.65 (+47% for year 2009) /
PLATINUM $1,489 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 80 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.82% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-17-12) Dow
13,275 +25 Nasdaq
3,076 +14 S&P 500
1,415 +2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $96.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./
$3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,615 (+24% for year 2009) / SILVER $28.05 (+47% for year 2009) /
PLATINUM $1,470 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 81 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.81% AP Business
Highlights ...Yahoo
Market Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-16-12) Dow
13,250 +85
Nasdaq 3,062 +31 S&P 500
1,415 +10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $95.89 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,615 (+24% for year 2009) / SILVER $28.05 (+47% for year 2009) /
PLATINUM $1,445 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 81 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.83% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-15-12) Dow
13,165 -7
Nasdaq 3,030 +13 S&P 500
1,405 +1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $94.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,603 (+24% for year 2009) / SILVER $27.79 (+47% for year 2009) /
PLATINUM $1,392 (+56% for year 2009) Metal News for the Day / DOLLAR= .79 EURO, 81 YEN, .63 POUND
STERLING, ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.80% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-14-12) Dow
13,172 +3
Nasdaq 3,017 -6 S&P 500
1,403 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.38 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,602 (+24% for year 2009) / SILVER $27.76 (+47% for year 2009) / PLATINUM $1,392 (+56%
for year 2009) Metal
News for the Day / DOLLAR= .78 EURO,
80 YEN, .63 POUND STERLING, ETC. (How low can you go LOWER)/ Interest
Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.73% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-13-12) Dow
13,169 -39
Nasdaq 3,022 +1 S&P 500
1,404 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.76 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,609 (+24% for year 2009) / SILVER $27.79 (+47% for year 2009) / PLATINUM $1,382 (+56%
for year 2009) Metal
News for the Day / DOLLAR= .78 EURO,
80 YEN, .63 POUND STERLING, ETC. (How low can you go LOWER)/ Interest
Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.65% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-10-12) Dow
13,207 +42
Nasdaq 3,020 +2 S&P 500
1,405 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.83 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,623 (+24% for year 2009) / SILVER $28.05 (+47% for year 2009) /
PLATINUM $1,397 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 80 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.65% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-09-12) Dow
13,165 -10
Nasdaq 3,018 +7 S&P 500
1,402 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.42 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,617 (+24% for year 2009) / SILVER $28.11 (+47% for year 2009) /
PLATINUM $1,410 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 80 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.69% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-08-12) Dow
13,175 +7
Nasdaq 3,011 -5 S&P 500
1,402 -0- http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $93.39 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,615 (+24% for year 2009) / SILVER $28.09 (+47% for year 2009) /
PLATINUM $1,405 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 80 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.68% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-07-12) Dow
13,168 +51
Nasdaq 3,015 +26 S&P 500
1,394 +7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,609 (+24% for year 2009) / SILVER $27.89 (+47% for year 2009) /
PLATINUM $1,400 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 80 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.66% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-06-12) Dow
13,117 +21
Nasdaq 2,989 +22 S&P 500
1,394 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.40 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,615 (+24% for year 2009) / SILVER $27.95 (+47% for year 2009) /
PLATINUM $1,407 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 80YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.59% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-03-12) Dow
13,096 +217
Nasdaq 2,968 +58 S&P 500
1,391 +26 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $91.40 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,601 (+24% for year 2009) / SILVER $27.72 (+47% for year 2009) /
PLATINUM $1,401 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.60% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-02-12) Dow
12,878 -92 Nasdaq
2,909 -10 S&P 500
1,365 -10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.26 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,589 (+24% for year 2009) / SILVER $27.13 (+47% for year 2009) /
PLATINUM $1,382 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.51% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(8-01-12) Dow
12,971 -38 Nasdaq
2,920 -19 S&P 500 1,375 -4 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.83 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,605 (+24% for year 2009) / SILVER $27.53 (+47% for year 2009) /
PLATINUM $1,395 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 81 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.56% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-31-12) Dow
13,008 -64 Nasdaq
2,939 -6 S&P 500 1,379 -6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.77 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,613 (+24% for year 2009) / SILVER $27.89 (+47% for year 2009) /
PLATINUM $1,406 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 81 YEN, .63 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.51% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-30-12) Dow
13,073 -3 Nasdaq
2,945 -12 S&P 500 1,385 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.72 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,623 (+24% for year 2009) / SILVER $28.23 (+47% for year 2009) /
PLATINUM $1,417 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 81 YEN, .63 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.53% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-27-12) Dow
13,076 +188 Nasdaq
2,958 +65 S&P 500 1,386 +26 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.53 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,623 (+24% for year 2009) / SILVER $27.65 (+47% for year 2009) /
PLATINUM $1,407 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 81 YEN, .63 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.58% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-26-12) Dow
12,893 +211 Nasdaq
2,893 +39 S&P 500 1,360 +22 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.16 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,615(+24% for year 2009) / SILVER $27.45 (+47% for year 2009) /
PLATINUM $1,403 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.45% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-25-12) Dow
12,676 +58 Nasdaq
2,854 -9 S&P 500 1,338 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.65 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,602 (+24% for year 2009) / SILVER $27.26 (+47% for year 2009) /
PLATINUM $1,393 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.43% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-24-12) Dow
12,617 -104 Nasdaq
2,863 -27 S&P 500 1,338 -12 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.02(-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,579(+24% for year 2009) / SILVER $26.90 (+47% for year 2009) /
PLATINUM $1,383 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR
NOTE YIELD 1.44% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-23-12) Dow
12,721 -101 Nasdaq
2,890 -35 S&P 500 1,350 -12 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.09(-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,576(+24% for year 2009) / SILVER $27.03 (+47% for year 2009) /
PLATINUM $1,397 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.47% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-20-12) Dow
12,822 -121 Nasdaq
2,925 -41 S&P 500 1,362 -14 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,582(+24% for year 2009) / SILVER $27.26 (+47% for year 2009) /
PLATINUM $1,410 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.49% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-19-12) Dow
12,943 +34 Nasdaq
2,965 +23 S&P 500 1,376 +3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $92.35 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,583 (+24% for year 2009) / SILVER $27.26 (+47% for year 2009) /
PLATINUM $1,413 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 81 YEN, .63 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.54% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-18-12) Dow
12,908 +103 Nasdaq
2,942 +33 S&P 500 1,372 +9 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $90.20 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,574 (+24% for year 2009) / SILVER $27.15 (+47% for year 2009) /
PLATINUM $1,406 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 81 YEN, .63 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.52% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-17-12) Dow
12,805 +78 Nasdaq
2,910 +13 S&P 500 1,363 +10 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $89.07 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,589 (+24% for year 2009) / SILVER $27.34 (+47% for year 2009) /
PLATINUM $1,413 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 81 YEN, .63 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.53% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-16-12) Dow
12,727 -50 Nasdaq
2,897 -12 S&P 500 1,353 -3 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $88.42 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,589(+24% for year 2009) / SILVER $27.26 (+47% for year 2009) /
PLATINUM $1,415 (+56% for year 2009) Metal News for the Day / DOLLAR= 78 EURO, 81 YEN, .63 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.50% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-13-12) Dow
12,777 +203 Nasdaq
2,908 +42 S&P 500 1,356 +22 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $87.38 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,589(+24% for year 2009) / SILVER $27.37 (+47% for year 2009) /
PLATINUM $1,426 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.52% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-12-12) Dow
12,573 -31 Nasdaq
2,866 -22 S&P 500 1,335 -7 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.89 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,565(+24% for year 2009) / SILVER $27.16 (+47% for year 2009) /
PLATINUM $1,411 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 82 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.50% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-11-12) Dow
12,605 -49 Nasdaq
2,888 -14 S&P 500 1,341 -1 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.89 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40(reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,576 (+24% for year 2009) / SILVER $26.97 (+47% for year 2009) /
PLATINUM $1,420 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 81 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.54% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-10-12) Dow
12,653 -83 Nasdaq
2,902 -29 S&P 500 1,341 -11 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $83.97 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,569 (+24% for year 2009) / SILVER $26.76 (+47% for year 2009) /
PLATINUM $1,420 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 81 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.53% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-9-12) Dow
12,736 -36 Nasdaq 2,931 -6 S&P 500
1,352 -2 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $85.25 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,587 (+24% for year 2009) / SILVER $27.31 (+47% for year 2009) /
PLATINUM $1,439 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 80 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.53% AP Business
Highlights ...Yahoo Market
Update… T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-6-12) Dow
12,772 -124 Nasdaq 2,937 -39 S&P 500
1,354 -13 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $84.45 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,579 (+24% for year 2009) / SILVER $26.95 (+47% for year 2009) /
PLATINUM $1,439 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 80 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.57% AP Business
Highlights ...Yahoo Market Update…
T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-5-12) Dow
12,896 -47 Nasdaq 2,976 -0- S&P 500
1,367 -6 http://albertpeia.com/todaysbusinesssummarylinks.htm
[CLOSE- OIL $86.71 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$3.40 (reg. gas in LAND OF FRUITS AND NUTS $3.83 REG./ $3.93MID-GRADE/ $4.02 PREM./ $3.93 DIESEL L )
/ GOLD $1,605 (+24% for year 2009) / SILVER $27.65 (+47% for year 2009) /
PLATINUM $1,469 (+56% for year 2009) Metal News for the Day / DOLLAR= 79 EURO, 80 YEN, .64 POUND STERLING,
ETC. (How low can you go LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 1.62% AP Business
Highlights ...Yahoo Market Update…
T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
(7-6-11) Dow
12,626 +56 Nasdaq
2,834 +8 S&P
500 1,339 +1 [CLOSE- OIL $96.65 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$3.59 (reg. gas in LAND OF FRUITS AND NUTS $3.90 REG./
$4.00 MID-GRADE/ $4.10 PREM./ $4.32 DIESEL L )
/ GOLD $1,526 (+24% for year
2009) / SILVER $35.91 (+47% for year 2009) PLATINUM $1,725 (+56% for year
2009) Metal News for
the Day / DOLLAR= .68 EURO, 80
YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ Interest
Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD
3.09% AP
Business Highlights ...Yahoo
Market Update... T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic / International This Is a Secular Bear
Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC
COLLAPSE EVER’ Must Read
Economic / Financial Data This Depression
is just beginning The coming
depression… thecomingdepression.net
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN
SINCE MUCH, MUCH WORSE TO COME!
(7-5-11) Dow
12,569 -12 Nasdaq
2,825 +9 S&P
500 1,338 -2 [CLOSE- OIL $96.89 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$3.59 (reg. gas in LAND OF FRUITS AND NUTS $3.90 REG./
$4.00 MID-GRADE/ $4.10 PREM./ $4.32 DIESEL L )
/ GOLD $1,513 (+24% for year
2009) / SILVER $35.33 (+47% for year 2009) PLATINUM $1,734 (+56% for year
2009) Metal News for
the Day / DOLLAR= .68 EURO, 80
YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ Interest
Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 3.13%
AP
Business Highlights ...Yahoo
Market Update... T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic / International This Is a Secular Bear
Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC
COLLAPSE EVER’ Must Read
Economic / Financial Data This Depression
is just beginning The coming
depression… thecomingdepression.net
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN
SINCE MUCH, MUCH WORSE TO COME!
(7-1-11) Dow
12,583 +168 Nasdaq
2,816 +42 S&P
500 1,339 +19 [CLOSE- OIL $94.79 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$3.59 (reg. gas in LAND OF FRUITS AND NUTS $3.90 REG./
$4.00 MID-GRADE/ $4.10 PREM./ $4.32 DIESEL L )
/ GOLD $1,487 (+24% for year
2009) / SILVER $34.74 (+47% for year 2009) PLATINUM $1,715 (+56% for year
2009) Metal News for
the Day / DOLLAR= .68 EURO, 80
YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ Interest
Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD
3.20% AP
Business Highlights ...Yahoo
Market Update... T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic / International This Is a Secular Bear
Market and The End of Buy and Hold … and Hope The bull market that never was/were beyond wall
street b.s. when measured in gold
‘WORST ECONOMIC
COLLAPSE EVER’ Must Read
Economic / Financial Data This Depression
is just beginning The coming
depression… thecomingdepression.net
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN
SINCE MUCH, MUCH WORSE TO COME!
(4-1-11) Dow
12,376 +56 Nasdaq
2,789 +8 S&P
500 1,332 +6 [CLOSE- OIL $107.94 (-54% for year 2008) (RECORD TRADING
HIGH $147.27) GAS
$3.65 (reg. gas in LAND OF FRUITS AND NUTS $4.05 REG./ $4.10 MID-GRADE/
$4.20 PREM./ $4.27 DIESEL ) / GOLD $1,428 (+24% for year 2009)
/ SILVER $37.76 (+47% for year 2009) PLATINUM $1,758 (+56% for year
2009) Metal News for
the Day / DOLLAR= .70 EURO, 83 YEN,
.62 POUND STERLING, ETC. (How low can you go - LOWER)/ Interest
Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD
3.45% …..…
AP Business Highlights
...Yahoo
Market Update...
T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International
This
Is a Secular Bear Market and The End of Buy and Hold … and Hope MARKET
MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD PRE-COMING CRASH IS BEING
ACCOMPLISHED 3-11-10
The bull market that never was/were beyond wall
street b.s. when measured in gold Property Values Projected to Fall 12% in 2010 Jan 31,
2010
THE COMING MARKET CRASH / CORRECTION
1-28-10 Maierhofer (01-15-10) 11 Clear Signs Economy Sinking
Economic
Black Hole 1-22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply
Not Going To Recover
1-7-10 Crash is
coming! ‘WORST ECONOMIC COLLAPSE EVER’
Must Read
Economic / Financial
Data
This Depression
is just beginning The coming
depression… thecomingdepression.net
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN
SINCE MUCH, MUCH WORSE TO COME!
(12-31-10) Dow
11,577 +7 Nasdaq
2,653 -10 S&P
500 1,258
-1 [CLOSE- OIL $91.35 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$3.00 (reg. gas in LAND OF FRUITS AND NUTS $3.20 REG./ $3.29 MID-GRADE/
$3.39 PREM./ $3.79 DIESEL ) /
GOLD $1,422 (+24% for year 2009) / SILVER $30.95 (+47% for year 2009)
PLATINUM $1,765 (+56% for year 2009) / DOLLAR= .74 EURO, 80 YEN, .64
POUND STERLING, ETC. (How low can you go - LOWER)/ http://www.federalreserve.gov/releases/h15/update 10 YR NOTE YIELD 3.31% …..… AP
Business Highlights
...Yahoo Market Update... T. Rowe Price
Weekly Recap – Stocks / Bonds / Currencies - Domestic / International
This Is a Secular Bear
Market and The End of Buy and Hold … and Hope MARKET
MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD PRE-COMING CRASH IS BEING
ACCOMPLISHED 3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
website file ] Risks Lurk for ETF Investors The bull market that never was/were beyond wall
street b.s. when measured in gold Property Values Projected to Fall 12% in 2010 Jan 31,
2010 The Week Ahead:
Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010
01-13-10 Forecast for
2010 from Seeking Alpha Contributor THE COMING MARKET CRASH / CORRECTION
1-28-10 Maierhofer (01-15-10) 11 Clear Signs Economy Sinking
Economic
Black Hole 1-22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply
Not Going To Recover Current Economic /
Fiscal Charts Trendsresearch.com
forecast for 2009 1-7-10 Crash is
coming! ‘WORST ECONOMIC COLLAPSE EVER’
Must Read
Economic / Financial
Data
This Depression
is just beginning The coming
depression… thecomingdepression.net MUST READ: JEREMY
GRANTHAM’S QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by TPC
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN
SINCE MUCH, MUCH WORSE TO COME!
(9-23-10) Dow
10,662 -77 Nasdaq
2,327 -7 S&P
500 1,125 -9
[CLOSE- OIL $75.18 (-54% for year 2008)
(RECORD TRADING HIGH $147.27) GAS
$2.74 (reg. gas in LAND OF FRUITS AND NUTS $3.11 REG./ $3.26 MID-GRADE/
$3.35 PREM./ $3.69 DIESEL ) /
GOLD $1,296 (+24% for year
2009) / SILVER $20.22 (+47% for year 2009) PLATINUM $1,638 (+56% for year
2009) / DOLLAR= .74 EURO, 84 YEN, .63 POUND STERLING, ETC. (How low can
you go - LOWER)/ 10 YR NOTE YIELD 2.56%
…..… AP
Business Highlights
...Yahoo Market Update...
T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic /
International This Is a Secular Bear
Market and The End of Buy and Hold … and Hope MARKET
MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD PRE-COMING CRASH IS BEING
ACCOMPLISHED 3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
website file ] Risks Lurk for ETF Investors The bull market that never was/were beyond wall
street b.s. when measured in gold Property Values Projected to Fall 12% in 2010 Jan 31,
2010 The Week Ahead:
Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010
01-13-10 Forecast for
2010 from Seeking Alpha Contributor THE COMING MARKET CRASH / CORRECTION
1-28-10 Maierhofer (01-15-10) 11 Clear Signs Economy Sinking
Economic
Black Hole 1-22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply
Not Going To Recover Current Economic /
Fiscal Charts Trendsresearch.com
forecast for 2009 1-7-10
Crash is coming! ‘WORST ECONOMIC COLLAPSE EVER’
Must Read
Economic / Financial Data
This Depression
is just beginning The coming
depression… thecomingdepression.net MUST READ: JEREMY
GRANTHAM’S QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by TPC
The
Next Wave of Collapse is Coming Sooner than you think Sliding
Back Into the Great Depression ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN
SINCE MUCH, MUCH WORSE TO COME!
(3-31-10) Dow 10,856 -50 Nasdaq 2398
-12 S&P 500 1,169 -4 [CLOSE- OIL $83.76
(-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in
LAND OF FRUITS AND NUTS $3.09 REG./
$3.26 MID-GRADE/ $3.35 PREM./ $3.08
DIESEL)/ GOLD $1,115 [video] Gold Surges Stocks/Gold Comparison (+24% for year
2009) / SILVER $17.53 (+47% for year 2009) PLATINUM $1,646 (+56% for year
2009) / DOLLAR= .74 EURO, 93 YEN, .65
POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.83% …..…
AP Business
Highlights ...Yahoo
Market Update... ] T. Rowe Price Weekly Recap – Stocks /
Bonds / Currencies - Domestic /
International MARKET MANIPULATION AND
HOW THE LATEST BUBBLE-FRAUD PRE-COMING CRASH IS BEING ACCOMPLISHED
3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
website file ] Risks Lurk for ETF Investors The
bull market that never was/were
beyond wall street b.s. when measured in gold Property
Values Projected to Fall 12% in 2010 Jan 31, 2010 The Week Ahead:
Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010 01-13-10 Forecast for
2010 from Seeking Alpha Contributor THE COMING
MARKET CRASH / CORRECTION 1-28-10
Maierhofer (01-15-10) 11 Clear Signs Economy Sinking Economic
Black Hole 1-22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply
Not Going To Recover Current Economic / Fiscal Charts Trendsresearch.com
forecast for 2009 1-7-10 Crash is
coming! ‘WORST ECONOMIC COLLAPSE EVER’
Must Read Economic / Financial Data This Depression
is just beginning The coming
depression… thecomingdepression.net MUST
READ: JEREMY GRANTHAM’S QUARTERLY UPDATE 25 January 2010 (850 on the S&P ) by TPC The
Next Wave of Collapse is Coming Sooner than you think Sliding Back Into the Great Recession ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH
WORSE TO COME!
(12-31-09) Dow 10,428 -120 (plus
19% for year) Nasdaq 2269 -22 (plus 44% for year) S&P 500 1,115 -11 (plus 23% for year) ( China Shanghai up 80%, Hong Kong 50%, Japan 19%, Europe 20-25%) [CLOSE- OIL $79.36
(-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in
LAND OF FRUITS AND NUTS $3.00 REG./
$3.26 MID-GRADE/ $3.35 PREM./ $3.05
DIESEL)/ GOLD $1,096 [video] Gold Surges Stocks/Gold Comparison (+24% for year
2008) / SILVER $16.83 (+22% for year 2008) PLATINUM $1,459 (+56% for year
2008) / DOLLAR= .69 EURO, 92 YEN, .62
POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.79% …..…
AP Business Highlights
… ...Yahoo Market
Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com
forecast for 2009 . ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic/Financial Data This Depression
is just beginning The
Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH
WORSE TO COME [ Shadowstats’ John Williams: Prepare For The
Hyperinflationary Great Depression Roubini: 'The worst is yet
to come'... Top Eurobank prepares for 'global economic collapse'... CHINA:
‘The world does not have Money to buy more US Treasuries’ Emergency Jobless
Insurance Claims Surge By Most Ever In Prior Week The number you won’t hear
mentioned anywhere in the Mainstream Media: 327,729. Food Stamps Go to a
Record 37.2 Million, USDA Says Bloomberg … S&P sells on a price-to-earnings
multiple of 88 after the recent financial results. That is a horrendous
overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel
says practices that caused crisis in play, toxic assets still there, and
economically sound lending not viable
…El-Erian who oversees nearly $1 trillion in assets, more
than the gross domestic product of most countries, says stocks will drop 10
percent in the space of three or four weeks, bringing the Standard &
Poor's 500 index below 1,000 soon … Breaking
Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN
2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO?
“Worse! Worse than Argentina because our debt problems are worse. This is
classic empire decline. Argentina was not even an empire. We’re fighting wars
in foreign countries as we are depleting the Treasury .…That’s why we are
calling it: Breaking Point 2010! ” Peter
Shiff: Economic collapse in near future / 2010, coming decade worse than past
decade Last
decade was the worst ever in the stock market Jay Bookman | In
nearly 200 years of recorded stock-market history, no calendar decade has
seen such a dismal performance as the 2000s. Foreclosure / distressed sales up
again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW
BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED
SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE
DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE,
DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE
FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES,
EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE,
INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF
FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE
DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES
OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP,
BANKRUPTCIES UP 41%, CAR SALES /
MANUFACTURING DOWN, ETC .), BULL S**T (IE., MERGER MANTRA-LIKE
CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE
ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE
ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN
EXPECTATIONS MANTRA ( Paul B. Farrell: America's soul is lost and
collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09)
Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …
(11-23-09) Dow 10,451 +133 To stamp out
fraud, no change from suckers’ rally worth reporting for second, third,
fourth weeks of March and April -436 for the first week of March -12% for the month of February -8 .8% (-775) for the
month of January -1% for fourth week of
January -2.5% for third week of January
-4% for second week of January -5% for
first full week of January -34% for the
year -1% for the fourth week of
December No change worth
reporting for second and third weeks of December -2.3% for the first week of
December -5.8% for the month of November . -15% for the month of October Nasdaq 2176 +30 To stamp out
fraud, no change from suckers’ rally worth reporting for second, third,
fourth weeks of March and April -84 for the first week of
March -7% for the month of February -6.4% (-101) for the month of January -1% for fourth week of January -3.3% for third week of January -3% for second week of January -4% for
first full week of January -41% for the
year -2% for the fourth week of
December No change worth
reporting for second and third weeks of December -5.7% for the first week of
December -11% for the month of November . -17% for October
S&P 500 1,106 +14 To stamp out
fraud, no change from suckers’ rally worth reporting for second, third, fourth
weeks of March and April -52 for the first week of
March -11% for the month of February -8.6% (-75) for the
month of January -1% for fourth week of
January -2.3% for third week of January - 5% for second week of January -4% for
first full week of January -39% for the
year -2% for the fourth week of
December No change worth
reporting for second and third weeks of December -2.7% for the first week of
December -7.5% for the month of November . -18% for October [CLOSE- OIL $77.56 (-54% for year 2008) (RECORD TRADING HIGH $147.27)
GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,165 (New Record) [video] Gold Surges Stocks/Gold Comparison (+5.58% for
year 2008) / SILVER $18.61 PLATINUM $1,468 / DOLLAR= .66 EURO, 88 YEN, .59
POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.35% …..…
AP Business Highlights
… ...Yahoo Market
Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com
forecast for 2009 . ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic/Financial Data This Depression
is just beginning The
Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH
WORSE TO COME [ Roubini: 'The worst is yet
to come'... Top Eurobank prepares for 'global economic collapse'... Used
home sales up (from record foreclosures…daaah! rallying stocks…riiiiight!)] WITH NEW
BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED
SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE
DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE,
DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE
FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES,
EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE,
INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF
FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE
DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES
OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP,
BANKRUPTCIES UP 41%, CAR SALES /
MANUFACTURING DOWN, ETC .), BULL S**T (IE., MERGER MANTRA-LIKE
CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE
ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE
ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN
EXPECTATIONS MANTRA ( Paul B. Farrell: America's soul is lost and
collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09)
Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …
(7-1-09) Dow
8,504.06 +57.06 +0.68% To stamp out fraud, no change from suckers’ rally
worth reporting for second, third, fourth weeks of March and April -436 for the first week of March -12% for the month of February -8 .8% (-775) for the month of January -1%
for fourth week of January
-2.5% for third week of January
-4% for second week of
January -5% for first full week of January -34%
for the year -1% for the fourth week of December No change worth reporting for second and third weeks
of December -2.3% for the first week of December -5.8% for the month of November . -15%
for the month of October Nasdaq 1,845.72 +10.68 +0.58% To stamp out fraud, no change from suckers’ rally
worth reporting for second, third, fourth weeks of March and
April -84 for the first week of
March -7% for the month of
February -6.4% (-101) for the
month of January -1% for fourth week of January -3.3%
for third week of January -3% for second week of January -4% for first full week of January -41%
for the year -2% for the fourth week of December No change worth reporting for second and third
weeks of December -5.7% for the first week of December -11% for the month of November . -17%
for October S&P
500 923.33 +4.01 +0.00% To stamp out fraud, no change from suckers’ rally
worth reporting for second, third, fourth weeks of March and
April -52 for the first week of
March -11% for the month of
February -8.6% (-75) for the month of January -1%
for fourth week of January -2.3% for third week of January - 5% for second week of January -4% for first full week of January -39%
for the year -2% for the fourth week of December No change worth reporting for second and third weeks
of December -2.7% for the first week of December -7.5% for the month of November . -18%
for October [CLOSE- OIL $69.18 (-54%
for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.90 (reg. gas in LAND OF
FRUITS AND NUTS $3.01 REG./ $3.25
MID-GRADE/ $3.35 PREM./ $2.86
DIESEL)/ GOLD $941.35 [video]
Gold Surges Stocks/Gold Comparison (+5.58% for year 2008) / SILVER $13.74 PLATINUM
$1,205 / DOLLAR= .70 EURO, 95 YEN, .60 POUND STERLING, ETC. (How low can you
go - LOWER)/ 10 YR NOTE YIELD 3.55% …..… AP Business Highlights … ...Yahoo
Market Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com forecast for 2009 . ‘WORST ECONOMIC COLLAPSE EVER’
Must Read
Economic/Financial Data ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL /
TAKE ANY PROFITS IN THIS SECULAR BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO
KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the
Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) [$$] Big
Pay Packages Return to Wall Street as new fraud gains steam (at The Wall
Street Journal Online) ] BASED ON CONTINUED
BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... Mortgage applications fall to 7-month low... Private sector sheds another 473,000 jobs in June... 'Layoffs may be worsening'... AIG shares drop after
1-for-20 reverse-stock split (AP) Manhattan
apartment prices skid 13 to 19 percent Job
losses / job concerns realistically weigh on confidence, real estate
values/prices continue downward trend as per Case / Shiller Index (-18.1%,
-21% in california) Consumer
confidence suffers steep fall... Home prices post 18% annual
drop... Worldwide Depression: Review of Global Markets . Four banks
fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of
44 Dollar Falls Most in Month as China Urges New Reserve
Currency Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES CAN
THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR
FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF
OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE
PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON
NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO
FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN
PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND
LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED
/RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE
TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE
THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO
COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN
AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED
[ Insiders Exit Shares at the
Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED
BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...
, personal income up
modest .2% and spending down, China calls for new reserve currency to
supplant worthless dollar Dollar
And Stocks Drop As China Calls For New Global Currency ,
continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which
previously predicted no recession that economy still contracting but that the
contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in
shambles, Hogan/negative GDP growth and inflation owing to debasement of the
dollar as well as deficit spending/pump-priming in the trillions, joker
stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent
in April as Foreclosures Rise foreclosure sales up 2.4%,
prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close
their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted
2.9% and big difference between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas
prices / higher interest rates / heavy debt to pare down is 1-3 year drag on
economy, even if believed (I don’t) the labor dept. far better than expected
job numbers by increased debt (spending) to produce same is not economically
sound or sustainable, viz., record spending with record low revenues, rating
cuts for bank sector, analysts concur in significant 5-15% (reality says
15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down
1.1%, housing starts allegedly up but if believed will only increase the
plethora of unsold inventories, empire manufacturing index suffers
unexpectedly severe decline…daaaah!, credit dard defaults at record high,
analysts concur that fundamentals don’t support stock rally and that pac
money(defacto bribes) might derail any meaningful reform/regulation which is
of concern to the frauds on wall street who should be prosecuted, record loss
of wealth, higher gas prices, job losses, higher interest rates / yields,
higher commodity prices, higher deficits, hyperinflation, record continuing
unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher
interest rates coming, budget deficit at new highs and trade deficit worse
than expected, analyst who called crash says inflationary depression, banks
passed stress tests only with the help of fraudulent change in accounting
rules, banks still insolvent, toxic assets even more toxic, dollar falling
and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing
failed policies of bush greenspan, recommends getting out of Dodge and u.s.
assets Jim Rogers: “The Worst is Not Over” 6/9/2009 Markets See a Breakdown
in Technical Support Levels Roubini: USA
sees double-dip recession... Jobless claims rise; GDP dips in 1Q Bernanke faces GOP-led (who are they
kidding-bushies/paulsen went so far as threaten martial law- prosecute now!
They continue to allow the wall street fraud and political theater doesn’t
change their complicity) heat on BofA-Merrill deal Fed Tried to Cover-up Its
Involvement in Bank of America-Merrill Deal U.S. Economy: Jobless Claims
Rise in Sign Labor Market Stagnant Dollar
drops on reserve currency doubts China sells
US bonds to ’show concern’ BRICs May Buy Each
Other’s Bonds in Shift From Dollar China’s holding of US bonds drops
first time in 11 months Russia to Raise Reserve Currency Issue at BRIC International
Demand for Worthless U.S. Assets Slowed in April IMF says worst not over Senator cashed out during
big stock collapse -- after meeting with Fed, Treasury chiefs! America's AAA
downgrade danger... Treasury faces pressure on price of TARP exit A depression so deep even
teen shoppers scrimp US cities may have to be bulldozed in order to survive 1st quarter
wiped out $1.3 trillion for Americans Get Ready for Inflation and
Higher Interest Rates Oil prices near $73 as
energy rally continues
Fed Would Be Shut Down If It Were
Audited Fed says
economy weak, but sees signs the slide increasing Mounting
deficits spark jitters about U.S. economy Wall Street falls as
realities dent recovery hopes
Bonds fall on
worries about government's debt load (AP) Oil prices strike new
high for 2009 (AP) The depression quietly deepens
CHINA AIRS FEARS ON DOLLAR, DEBT... Oil hits 7-month high over $70... Yes,
We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private
forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with
stopped looking included over 20% , Jim
Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S.
unemployment hits record but job losses slow if you foolishly believe fake
government reports near 40% better than private estimates - I don’t think so!
…now China explores
buying $50bn in IMF bonds US retailers
report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory
orders worse than expected, new record continuing unemployment claims,
bernanke spend more money you don’t have but cut debilitating
deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow
recovery Worse-than-expected economic data thwarts
rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the
Dollar Falls Off the Cliff … Bernanke warns on
deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big
Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar
Falls Most In A Month Since 1985 Leap
in U.S. debt hits taxpayers with 12% more red ink Gold
jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing
Unemployment Claims, Marc
Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities
Sell-Off Obama continuing Bush’s assault on the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers index shows new record
decline in real estate prices, $80+ oil coming
this year Dallas
Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99
Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia
Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades
outlook that previously provided b.s. for suckers’ rally, record low for new
housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, leading indicators up far more than
expected … bull s**t …based in large part on inflated stock price component …
more bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies
of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the
Fastest Pace in Two Years BUFFET:
ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have
You Bought In? Here we go again! Barney Frank asks FANNIE and FREDDIE to
relax Mortgage lending rules... Fed Tried to Cover-up Its
Involvement in Bank of America-Merrill Deal Dollar
And Stocks Drop As China Calls For New Global Currency Citigroup Ordered to
Suspend Some Operations in Japan Bernanke
Grilling May Weaken Case for Fed as Risk Regulator Citi boosting salaries to offset lower bonuses,
allegedly to retain the clowns who helped make them taxpayer dependant and
cause the current debacle; how ‘bout firing them instead and offering
opportunity to the new, particularly non-ivy league vegetable garden grads [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. Home Prices Drop 6.8 Percent
in April as Foreclosures Rise [$$] Red Roof Inn Defaults on Mortgage Debt (at The
Wall Street Journal Online)
MySpace to cut two-thirds of global
workforce GM to cut 4,000 more white-collar jobs
by year end Oracle tops forecasts despite sales,
profit dip; stated another way, bad news will be shilled as good news (AP) California
Collapsing Bankster “Holiday” Planned for
September? Recession Sparking Global Unrest Is Your Portfolio Ready for the Next
Leg Down? S&P turns negative for year in
broad sell-off (Reuters) Goldman Sachs on pace for record bonuses: report
(Reuters) Numbers On Welfare See Sharp
Increase Top Insiders Playing You For A
Sucker? The death of the dollar. Who
could deny it? Stanford indicted in
massive U.S. fraud case which is small potatoes compared to ubiquitously
massive wall street securities fraud which caused the ongoing financial
debacle Venture
Capital Bubble Set to Burst, Kedrosky Says Obama Plans to Cut Bank
Regulators, Allow Fed to Supervise Financial Holding Companies – The old fox
guarding the henhouse tricks Federal Reserve unwisely to gain
power under plan Federal Reserve Foolishly
To Be Given
Sweeping New Powers Yen Strengthens Most in Month as Asian Stocks Drop, Gold
Gains RUSSIA
CHALLENGES WORTHLESS DOLLAR... AIG says
former top exec plundered retirement plan [video] The
Too-Big-to-Fail Problem [6.8 min] (at MarketWatch) [$$] Too Big to Solve?
(at The Wall Street Journal Online) Buy and Hold Is Dead.
Long Live Buy and Hold! Financial Bailout Plan Keeps
Zombie Banks Alive Bernanke then as now in denial
about looming crisis 2005-2007 Retail sales, drop in
jobless claims to a very high even if believed 601,000 yielding record
continuing claims of 6.8 million fuel hope…if you’re a dope Lawmakers
blast Fed, Treasury for BofA "threats" Oil climbs over $73 on
hopes for rising demand
U.S. Household Worth
Fell by $1.3 Trillion in First Quarter Predictions of $250
a barrel on oil ECB Fears Reality of
Banking Crisis in 2010: Report Get Ready for Inflation and
Higher Interest Rates Bill To Audit Federal Reserve Now
Has 209 Co-Sponsors Russia May Swap Some U.S. Treasuries for IMF Debt Fed report shows losses on Bear Stearns, AIG holdings Congress subpoenas the Fed ...
Finally! (AP) Brazil in recession, recovery unlikely this year What a “Jobless Recovery” Really Means: A Massive
Redistribution of Wealth from the Little Guy to the Big Boys Obama
Tells American Businesses to Drop Dead America’s Fed Addiction “87
Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are
Unsafe” Fed Said to Retreat
From Seeking Power to Sell Its Own Debt/Bills WIRE: Obama Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus
reality Reality
bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government
reports better than private estimates…riiiiight! President
of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S.
unemployment hits record but job losses slow if you foolishly believe fake government
reports near 40% better than private estimates - I don’t think so! …now Benefit spending
soars to new high $100 Billion Bailout For IMF
Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar
Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car
sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How
Financial Markets Really Work Economist
Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune)
foreclosure sales up, prices down
, ‘SELL IN MAY AND
GO AWAY’, so SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH
WORSE TO COME!
(6-30-09) Dow 8,447.00 -82.38 -0.97% To stamp out fraud, no change from suckers’ rally
worth reporting for second, third, fourth weeks of March and April -436 for the first week of March -12% for the month of February -8 .8% (-775) for the month of January -1%
for fourth week of January
-2.5% for third week of January
-4% for second week of
January -5% for first full week of January -34%
for the year -1% for the fourth week of December No change worth reporting for second and third weeks
of December -2.3% for the first week of December -5.8% for the month of November . -15%
for the month of October Nasdaq 1,835.04 -9.02 -0.49% To stamp out fraud, no change from suckers’ rally
worth reporting for second, third, fourth weeks of March and
April -84 for the first week of
March -7% for the month of
February -6.4% (-101) for the
month of January -1% for fourth week of January -3.3%
for third week of January -3% for second week of January -4% for first full week of January -41%
for the year -2% for the fourth week of December No change worth reporting for second and third
weeks of December -5.7% for the first week of December -11% for the month of November . -17%
for October S&P
500 919.32 -7.91 -0.85% To stamp out fraud, no change from suckers’ rally
worth reporting for second, third, fourth weeks of March and
April -52 for the first week of
March -11% for the month of
February -8.6% (-75) for the month of January -1%
for fourth week of January -2.3% for third week of January - 5% for second week of January -4% for first full week of January -39%
for the year -2% for the fourth week of December No change worth reporting for second and third weeks
of December -2.7% for the first week of December -7.5% for the month of November . -18%
for October [CLOSE- OIL $69.89 (-54%
for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.90 (reg. gas in LAND OF
FRUITS AND NUTS $3.01 REG./ $3.25
MID-GRADE/ $3.35 PREM./ $2.86 DIESEL)/
GOLD $927.40 [video]
Gold Surges Stocks/Gold Comparison (+5.58% for year 2008) / SILVER $13.60 PLATINUM
$1,185 / DOLLAR= .70 EURO, 95 YEN, .60 POUND STERLING, ETC. (How low can you
go - LOWER)/ 10 YR NOTE YIELD 3.53% …..… AP Business Highlights … ...Yahoo
Market Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com forecast for 2009 . ‘WORST ECONOMIC COLLAPSE EVER’
Must Read
Economic/Financial Data ABSOLUTELY, ABSURDLY, RIDICULOUS! SECULAR
BEAR MARKET SUCKERS’ RALLY TO END WELL OFF SESSION LOWS TYPICAL END OF QUARTER FRAUD/WINDOW
DRESSING TO KEEP SUCKERS SUCKERED Job losses / job concerns realistically
weigh on confidence, real estate values/prices continue downward trend as per
Case / Shiller Index (-18.1%, -21% in california) Consumer
confidence suffers steep fall... Home prices post 18% annual
drop... Worldwide Depression: Review of Global Markets . Four banks
fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of
44 Dollar Falls Most in Month as China Urges New Reserve
Currency Gerald Celente speaks on Cap and Trade and other handicaps
to the US economy HOW MANY TIMES CAN
THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD
WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF
OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE
PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON
NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO
FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN
PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND
LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED
/RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE
TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER,
HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS
TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF
THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS
SUCKERED [ Insiders Exit Shares at the
Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report
(Reuters) ] BASED ON CONTINUED
BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...
, personal income up
modest .2% and spending down, China calls for new reserve currency to
supplant worthless dollar Dollar
And Stocks Drop As China Calls For New Global Currency ,
continuing
unemployment claims at or near record 627,000, weekly unemployment claims up
15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than
expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which
previously predicted no recession that economy still contracting but that the
contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in
shambles, Hogan/negative GDP growth and inflation owing to debasement of the
dollar as well as deficit spending/pump-priming in the trillions, joker
stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent
in April as Foreclosures Rise foreclosure sales up 2.4%,
prices down 17% year over year, [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. regulators close
their 40th bank of the year
, Next
Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted
2.9% and big difference between not getting worse and getting better, market got ahead
of itself, stalled out, still depression/more job losses, higher oil-gas prices
/ higher interest rates / heavy debt to pare down is 1-3 year drag on
economy, even if believed (I don’t) the labor dept. far better than expected
job numbers by increased debt (spending) to produce same is not economically
sound or sustainable, viz., record spending with record low revenues, rating
cuts for bank sector, analysts concur in significant 5-15% (reality says
15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down
1.1%, housing starts allegedly up but if believed will only increase the
plethora of unsold inventories, empire manufacturing index suffers
unexpectedly severe decline…daaaah!, credit dard defaults at record high,
analysts concur that fundamentals don’t support stock rally and that pac
money(defacto bribes) might derail any meaningful reform/regulation which is
of concern to the frauds on wall street who should be prosecuted, record loss
of wealth, higher gas prices, job losses, higher interest rates / yields,
higher commodity prices, higher deficits, hyperinflation, record continuing
unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with
hyperinflation/higher interest rates coming, budget deficit at new highs and
trade deficit worse than expected, analyst who called crash says inflationary
depression, banks passed stress tests only with the help of fraudulent change
in accounting rules, banks still insolvent, toxic assets even more toxic,
dollar falling and a lot lower to go, $100 + oil by end of year,
Obama/bernanke continuing failed policies of bush greenspan, recommends
getting out of Dodge and u.s. assets
Jim Rogers: “The Worst is Not Over” 6/9/2009 Markets See a Breakdown
in Technical Support Levels Roubini: USA
sees double-dip recession... Jobless claims rise; GDP dips in 1Q Bernanke faces GOP-led (who are they
kidding-bushies/paulsen went so far as threaten martial law- prosecute now!
They continue to allow the wall street fraud and political theater doesn’t
change their complicity) heat on BofA-Merrill deal Fed Tried to Cover-up Its
Involvement in Bank of America-Merrill Deal U.S. Economy: Jobless Claims
Rise in Sign Labor Market Stagnant Dollar
drops on reserve currency doubts China sells
US bonds to ’show concern’ BRICs May Buy Each
Other’s Bonds in Shift From Dollar China’s holding of US bonds
drops first time in 11 months Russia to Raise Reserve Currency Issue at BRIC International
Demand for Worthless U.S. Assets Slowed in April IMF says worst not over Senator cashed out during
big stock collapse -- after meeting with Fed, Treasury chiefs! America's AAA
downgrade danger... Treasury faces pressure on price of TARP exit A depression so deep even
teen shoppers scrimp US cities may have to be bulldozed in order to survive 1st quarter
wiped out $1.3 trillion for Americans Get Ready for Inflation and
Higher Interest Rates Oil prices near $73 as
energy rally continues
Fed Would Be Shut Down If It Were
Audited Fed says
economy weak, but sees signs the slide increasing Mounting
deficits spark jitters about U.S. economy Wall Street falls as
realities dent recovery hopes
Bonds fall on
worries about government's debt load (AP) Oil prices strike new high
for 2009 (AP) The depression quietly deepens
CHINA AIRS FEARS ON DOLLAR, DEBT... Oil hits 7-month high over $70... Yes,
We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private
forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with
stopped looking included over 20% , Jim
Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S.
unemployment hits record but job losses slow if you foolishly believe fake
government reports near 40% better than private estimates - I don’t think so!
…now China explores
buying $50bn in IMF bonds US retailers
report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory
orders worse than expected, new record continuing unemployment claims,
bernanke spend more money you don’t have but cut debilitating
deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow
recovery Worse-than-expected economic data thwarts
rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the
Dollar Falls Off the Cliff … Bernanke warns on
deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8
TRILLION... The Big
Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency
Alternative Dollar
Falls Most In A Month Since 1985 Leap
in U.S. debt hits taxpayers with 12% more red ink Gold
jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing
Unemployment Claims, Marc
Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why
We'll See Another Serious Equities
Sell-Off Obama continuing Bush’s assault on the middle class Government will
now own 72.5% of 'New GM'... Roubini: U.S. economy
to dip again next year... Case-Shillers index shows new record
decline in real estate prices, $80+ oil coming
this year Dallas
Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99
Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia
Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades
outlook that previously provided b.s. for suckers’ rally, record low for new
housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world
economy to shrink by worse than previously predicted 2.9% and big difference
between not getting worse and getting better, leading indicators up far more than expected
… bull s**t …based in large part on inflated stock price component … more
bull s**t … new reform with same old frauds say increased capital
requirements and oversight of the overseers/rating agencies (riiiiight!…same
old,same old - already have but no will to enforce existing laws, etc.),
analyst who called crash says inflationary depression, banks passed stress
tests only with the help of fraudulent change in accounting rules, banks
still insolvent, toxic assets even more toxic, dollar falling and a lot lower
to go, $100 + oil by end of year, Obama/bernanke continuing failed policies
of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the
Fastest Pace in Two Years BUFFET:
ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have
You Bought In? Here we go again! Barney Frank asks FANNIE and FREDDIE to
relax Mortgage lending rules... Fed Tried to Cover-up Its
Involvement in Bank of America-Merrill Deal Dollar
And Stocks Drop As China Calls For New Global Currency Citigroup Ordered to
Suspend Some Operations in Japan Bernanke
Grilling May Weaken Case for Fed as Risk Regulator Citi boosting salaries to offset lower bonuses,
allegedly to retain the clowns who helped make them taxpayer dependant and
cause the current debacle; how ‘bout firing them instead and offering
opportunity to the new, particularly non-ivy league vegetable garden grads [$$] Market Suffers Some Technical
Damage Stocks tumble on bleak outlook for world economy U.S. Home Prices Drop 6.8 Percent
in April as Foreclosures Rise [$$] Red Roof Inn Defaults on Mortgage Debt (at The
Wall Street Journal Online)
MySpace to cut two-thirds of global
workforce GM to cut 4,000 more white-collar jobs
by year end Oracle tops forecasts despite sales,
profit dip; stated another way, bad news will be shilled as good news (AP) California
Collapsing Bankster “Holiday” Planned for
September? Recession Sparking Global Unrest Is Your Portfolio Ready for the Next
Leg Down? S&P turns negative for year in
broad sell-off (Reuters) Goldman Sachs on pace for record bonuses: report
(Reuters) Numbers On Welfare See Sharp
Increase Top Insiders Playing You For A
Sucker? The death of the dollar. Who
could deny it? Stanford indicted in
massive U.S. fraud case which is small potatoes compared to ubiquitously
massive wall street securities fraud which caused the ongoing financial
debacle Venture
Capital Bubble Set to Burst, Kedrosky Says Obama Plans to Cut Bank
Regulators, Allow Fed to Supervise Financial Holding Companies – The old fox
guarding the henhouse tricks Federal Reserve unwisely to gain
power under plan Federal Reserve Foolishly
To Be Given
Sweeping New Powers Yen Strengthens Most in Month as Asian Stocks Drop, Gold
Gains RUSSIA
CHALLENGES WORTHLESS DOLLAR... AIG says
former top exec plundered retirement plan [video] The
Too-Big-to-Fail Problem [6.8 min] (at MarketWatch) [$$] Too Big to Solve?
(at The Wall Street Journal Online) Buy and Hold Is Dead.
Long Live Buy and Hold! Financial Bailout Plan Keeps
Zombie Banks Alive Bernanke then as now in denial
about looming crisis 2005-2007 Retail sales, drop in
jobless claims to a very high even if believed 601,000 yielding record
continuing claims of 6.8 million fuel hope…if you’re a dope Lawmakers
blast Fed, Treasury for BofA "threats" Oil climbs over $73 on
hopes for rising demand
U.S. Household Worth
Fell by $1.3 Trillion in First Quarter Predictions of $250
a barrel on oil ECB Fears Reality of
Banking Crisis in 2010: Report Get Ready for Inflation and Higher
Interest Rates Bill To Audit Federal Reserve Now
Has 209 Co-Sponsors Russia May Swap Some U.S. Treasuries for IMF Debt Fed report shows losses on Bear Stearns, AIG holdings Congress subpoenas the Fed ...
Finally! (AP) Brazil in recession, recovery unlikely this year What a “Jobless Recovery” Really Means: A Massive
Redistribution of Wealth from the Little Guy to the Big Boys Obama
Tells American Businesses to Drop Dead America’s Fed Addiction “87 Percent
of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat
From Seeking Power to Sell Its Own Debt/Bills WIRE: Obama Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus
reality Reality
bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government
reports better than private estimates…riiiiight! President
of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S.
unemployment hits record but job losses slow if you foolishly believe fake
government reports near 40% better than private estimates - I don’t think so!
…now Benefit spending
soars to new high $100 Billion Bailout For IMF
Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar
Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car
sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How
Financial Markets Really Work Economist
Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune)
foreclosure sales up, prices down
, ‘SELL IN MAY AND
GO AWAY’, so SELL/SELL
INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH
WORSE TO COME!
CITIGROUP and MERRILL face
bigger writeoffs/dividend cuts, etc.....
CHEER: Ambrose Evans-Pritchard:
Bank Crisis may make '29 look 'walk in park'... As central banks continue to
splash their cash over the system, so far to little effect, Ambrose
Evans-Pritchard argues things are rapidly spiralling out of their control
Twenty billion dollars here, $20bn there, and a lush half-trillion from the
European Central Bank at give-away rates for Christmas. Buckets of liquidity
are being splashed over the North Atlantic banking system, so far with meagre
or fleeting effects. "Liquidity doesn't do anything in this
situation," says Anna Schwartz, the doyenne of US monetarism and
life-time student (with Milton Friedman) of the Great Depression."It
cannot deal with ….. that lots of firms are going bankrupt. The banks and the
hedge funds have not fully acknowledged who is in trouble. That is the
critical issue," she adds…..
The time-lines below highlight the four recessions
in the US economy since 1980…..While the NBER was only a little late in its
recognition of the recession that began in Summer 1981, they were late to the
game in the remaining three. In fact, during the last two recessions, the
NBER did not officially declare the start to a recession until the recession
had already ended. The u.s. is already in recession, beyond the fake
data/reports, with much higher than reported inflation, etc..
Economic
Expert Says Global Crash Imminent
Echoes former world bank leader with prediction of
global recession Steve Watson
A leading economic expert has warned that a global
crash and recession is imminent on the back of record highs in real estate,
stocks and energy, combined with a devaluation of the dollar and continued
speculative bubble thinking. Robert Shiller, the Stanley B. Resor Professor
of Economics at Yale University told an audience at the annual Dubai
International Financial Centre (DIFC) Week that a sharp downward correction
is due in the global markets. Shiller stated: Perhaps we have gotten a little
too confident in the global economic growth, said Shiller. The problem is
high oil, stock and real estate prices. I believe that a substantial part is
speculative bubble thinking. We have gotten too confident of the prices in
these markets.
Economic Outlook 2008:
Darkening Clouds
Dom Armentano Lew
Rockwell.com Thursday December 6, 2007 Presidential election years
usually are not recessionary but next year will be an exception. Several
economic factors are colliding in an almost perfect storm to markedly slow
the general economy and the stock market. The most important signal flashing
recession is, of course, the sub-prime mortgage fiasco. After years of
monetary inflation on the part of the Federal Reserve, individuals and
families with poor credit were suckered into low-down-payment/low-interest
adjustable mortgages that simply cannot be maintained or repaid under current
conditions. Their incentive is to sell the property quickly before their
equity evaporates and/or the financial institution repossesses it. Yet the
massive oversupply of homes and condos for sale has pushed prices down at a
record clip and made additional foreclosures even more likely. Next year,
unfortunately, will be the Year of the Auction. The financial institutions
have also been punished…well sort of. Various institutions including hedge
funds that hold these poorly performing debt obligations have been forced (by
accounting rules) to "write down" the value of these assets, take
huge paper losses in the bargain, and pull in their financial horns. Thus,
any near-term recovery in housing must now fight a record supply availability,
falling prices, higher insurance costs and restricted credit…a near-term
impossibility in my view. Moreover, the slowdown in residential and
commercial construction will send secondary ripple effects throughout the
economy. Laid-off construction workers don't spend money. Construction and
home furnishing suppliers sell less output and make fewer investments. Even
local governments will be pinched by declining property-tax assessments and
fewer developer fees. Things are likely to get worse before they get any better.
The second major factor indicating a near-term recession is the sky-high
price of crude oil and refined product. Pushed upward by world-wide
speculative Mid-East war fears and increases in demand (especially from
China), increasing energy prices act as an inflationary "tax" on
domestic production and consumption throughout the market economy. Higher
costs of production will lower profits; higher prices will reduce some
consumption. The only good news here is that any substantial economic slowdown
in 2008 will eventually moderate the price of oil and other commodity prices
as well. The third factor in the current recession scenario – and the real
wild card – is the continuing decline in the value of the dollar in
international money markets caused by our Iraq blunder and the Federal
Reserve–generated oversupply of dollars. Some economists would argue that a
devalued dollar is good for U.S. exports, and thus positive for the economy
as a whole. I disagree for three reasons. First, the bulk of crude oil purchases
takes place in dollars; a falling dollar translates into still higher crude
oil prices. Second, the U. S. dollar is the major reserve currency of the
international monetary system and dollar-paying investments (such as U.S.
Treasury bills and bonds) are held in massive amounts by foreign banks and
governments. Dollar devaluation makes these investments less attractive and
any disinvestment in these areas would sharply drive bond prices down and
increase interest rates. The third reason why dollar devaluation makes
recession more likely is that it effectively prevents the Federal Reserve
from pushing U.S. interest rates much lower. Any additional Fed easing
(inflation) would be seen as a signal of even further future dollar
devaluation and even higher dollar prices for oil. Unfortunately, we will not
be able to "inflate" our way out of this recession this time. We
will simply have to take our lumps and let market forces liquidate the bulk
of the malinvestments caused by the unprecedented Greenspan money bubble.
This liquidation process will not be pretty but it is necessary to restore a
sustainable economic recovery in the years ahead.
Don’t forget: Criminal
america has the highest crime rates in the world. No other so-called
‘civilized’ nation even comes close.
Euro gains on
dollar in official reserves...
FROM THE
SUB-PRIME TO THE RIDICULOUS: HOW $100B VANISHED...
PAPER: TOP
ECONOMIST SAYS AMERICA WILL PLUNGE INTO RECESSION...
UNDERSTANDING THE GREAT WALL STREET FRAUD (summarized )
*(12-30-07) The best
and easiest to understand analogy, though not perfect, to the wall street
markets is the kiting of checks at lightning computerized trading speed on
which commissions are taken although there is nothing of real value
underlying their fraudulent scheme. (10-10-08) Now to bring this analogy
closer to the current crisis, assume as is the case of the worthless
sub-prime securities, there is no charge off/debit as is ordinarily the case
with a cleared check and the worthless 'collateralized sub-prime security' is
repackaged, resold, recommissioned based upon as collateral the original
worthless security which is in turn repackaged, resold, recommissioned based
upon as collateral the subsequent worthless security, and so on to the tune
of (hundreds of) trillions of this worthless, fraudulent paper (blatent
securities fraud which must be prosecuted and fraudulently derived profits
disgorged).
*(12-31-07) The
ubiquitous computerization of wall street functions, the
enhancement/advance/integration of the said computer equipment/peripherals in
terms of computing power and speed, along with the concomitant
advance/sophistication of the programming concerning same has enhanced the
ability of the frauds on wall street to effect their frauds with blinding
speed vis-à-vis the funds entrusted to their care by way of programmed
trades, ie., buy, sell, stop limits, etc.. An example (though not perfect) is
illustrative: Dow drops 200 points as
programmed sell orders kick in with some not so fudged negative news. Nothing
changes but the following day the market rises 205 points on programmed buy
orders (a little higher despite the absence of any positive news). Hence, the
huge swings which have become ever so more prevalent. Though nothing has
changed, hundreds of millions of dollars without relation to any value added
(in economic terms, service, etc.) is taken in commissions (percentages,
points, spreads) by the frauds on wall street on huge computerized trading
volume (hence, the multi-billion dollar bonuses on top of huge salaries,
etc.). The fact is that these funds entrusted to them are so large that such
computerized “buys” can simulate other than rational demand causing prices to
rise solely to generate huge commissions to them and new funds coming in (as
in a ponzi scheme). The corrupt government has been complicit in terms of
false economic reports, legislation protecting the fraud (ie., exemption from
RICO accountability, etc.), while the courts are also corrupt facilitators
(ie., new york, new jersey, california, etc., and similarly don’t count on
arbitration panels). There was a time
when transaction costs mattered in financial investment decisions. The
trades/commissions are not a net positive for the economy but are indeed of
great benefit to the recipients of same (who like termites eat away at other
peoples’ money, and whose marginal propensity to consume is less than those
allocating their monies/pensions/401ks/savings etc.; hence, the mess to
follow). Finally, the NASDAQ/tech has become the “safe haven” but in reality
as in the dot.com bust days are just the great story without much fundamental
understanding that keeps the fraudulent ball rolling.
(1-01-08) Remember: more contrived wasteful
commissions to the wall street frauds, the level and percentage of which
should be examined in light of computerization and decreased costs attendant
to same especially since only A Very Small Fraction Of What wall street Does
Is A Net Positive For The Economy (New Investment Capital via, ie., ipo’ S), The Rest Is Tantamount To A
(Economically) "Wasteful Tax" (On The Economy) via 'churn and earn'
computerized programmed trades.
*(1-3-08) $14 billion ($21 billion in 2006) in bonuses to the lunatic/frauds
on wall street for a commissionable (sub prime bundled) fraud well done, inflation
up, dollar down, oil prices up, manufacturing down; one
analyst/reporter/journalist from inside sources pegs the sub-prime dollar
value of the shilled worthless paper at $516 TRILLION (even a percentage of
same renders the problem unfixable-hence, culpable parties must be held
accountable and disgorge their ill-gotten gains from, ie., commissioning
worthless paper, taking a point here or there and fraudulently passing same
on, ad infinitum, etc.). Of course there are also a plethora of garden-variety
frauds as always, ie., 10-B-5, insider trading, etc..
*(10-10-08)
Now to bring the initial check-kiting analogy closer to the current crisis,
realize as is the case of the worthless sub-prime securities, there is no
charge-off/debit as is ordinarily the case with a cleared check and the
worthless 'collateralized sub-prime security' is repackaged, resold,
recommissioned based upon (collateralized by) as collateral the original
worthless security which is in turn repackaged, resold, recommissioned based
upon as collateral the subsequent worthless security, and so on (a geometric
progression) to the tune of (hundreds
of) trillions of this worthless, fraudulent paper (blatent/flagrant securities fraud which must be prosecuted
and fraudulently derived profits disgorged).
THE BAILOUT FRAUD/SCAM
This is not brain surgery and the fraud,
bonuses/compensation (mortgages, subprime and otherwise, are only a
relatively small portion of the fraud/scam providing “cover/collateral” for
the worthless but heavily commissioned paper over and over again in a
multiplicity of different forms of worthless paper) in the mega-billions
should first be disgorged before taxpayers are forced to pony up and pay the
frauds again for their fraud which caused the problem in the first instance,
must be prosecuted. It should also be noted that despite the rhetoric, the
wall street bailout will NOT solve the crisis or eliminate the economic pain
except to make permanent the fraudulent wealth transfer to the most well
healed heals/frauds/criminals in the nation who caused the so-called crisis
by their greed/corruption/fraud .
TOP TRENDS 2008: PANIC AND
FEAR http://www.trendsresearch.com
Economic 9/11
Just as the Twin Towers collapsed from the top down,
so too will the US economy from an Economic 9/11. When the high-stake
speculators, banks, brokerages, and buyout firms that leveraged billions with
millions get hit ... everything underneath them will turn to rubble.
The Panic of 08
Failing banks, busted brokerages, toppled corporate
giants, bankrupt cities, states in default, foreign creditors cashing out of
US securities … whatever the spark, the stage is set for panic in the
streets. When the giant firms fall, they'll crush the man on the street. ....
Conservation Engineers
More powerful than high tech and paying much better
than the booming health care sector, we forecast that "Conservation
Engineers" and "Conservation Specialists" that are skilled in
providing enviro-smart solutions will be among the most handsomely rewarded
and sought after professions for the next several decades.
Tax Revolts
It was a reason given for starting the first
American Revolution and as the trends add up, it will also be a reason for
starting the second. Fed up, and not willing – or able – to take it anymore,
overtaxed Americans will begin the battle against politicians and bureaucrats
in the fight to lower and/or repeal taxes… while demanding higher tax rates
for those seen as paying too little. .....
Bye, Bye Bucks
America’s going broke and the whole world knows it.
Betting that its economy will spiral down and that the dollar will fall with
it, foreign creditors are dumping dollars on the market … and even Third
World street vendors don’t want to take greenbacks any longer. The further it
falls, the less it’s worth. The less it’s worth, the less it buys. In the
real world they call it "inflation." In America they call it
"good for business." ......
Small is Big
Unlike the years of personal prosperity and business
growth long perceived a birthright … today, as America’s fortunes dwindle,
its people will be forced to adjust attitudes and alter practices to
compensate for the losses. Although the oncoming national downsizing trend
may be a blow to egos and painful to pocketbooks, if intelligently deployed
and spiritually practiced, the "Small is Big" trend can lead to
more progressive advancement and greater rewards than the supersizing trend
that has been consuming much of the nation.
Heal Yourself Health Care
Just as it took mountains of facts and bottom line
realities to finally convince a consumption prone public that energy saving
tools and environmentally sound practices bring bigger rewards and higher
quality, the oncoming "Heal Yourself Health Care" trend will be as
widely embraced and will prove equally rewarding. Evolving over the past two
decades, along with growing acceptance of seeking alternative medical
options, the "Heal Yourself Health Care" trend is being driven by
both the lack of money and the power of the mind.
TechnoSlaves.com
It’s a quickly spreading worldwide epidemic that
will get much worse. All colors, classes, creeds and races are addicted and
they can’t break the habit. Before 2008 ends, the TechnoSlave trend will be
so pervasive and so deeply embedded into the fabric of society that Old World
communication styles will be seen as quaint and ridiculed as stupidly boring
by the high-tech "hip." Across borders and around the world,
blinking lights of blue and red flash from human ears … electro-plastic
appendages affixed to the body and controlling the mind. So self-important
have society’s members become that they must be connected at all times … to
be in touch and instant messaged … for work, play and to fill the voids of
idle time.
Hold on to Your Hats
2008 is going to be a wild
ride. http://www.trendsresearch.com
Jeremy
Grantham: All the World's a Bubble By Brett
Arends
…..Grantham says we are now seeing the first worldwide bubble in history
covering all asset classes.
Everything is in bubble
territory, he says. Everything.
'The bursting of this bubble will be across all
countries and all assets.' -- Jeremy Grantham
The United States is heading for
bankruptcy, according to an extraordinary paper published by one of the key
members of the country's central bank.
A ballooning budget
deficit and a pensions and welfare timebomb could send the economic superpower
into insolvency, according to research by Professor Laurence Kotlikoff for
the Federal Reserve Bank of St Louis, a leading constituent of the US Federal
Reserve.
Prof Kotlikoff said that,
by some measures, the US is already bankrupt. "To paraphrase the Oxford
English Dictionary, is the United States at the end of its resources,
exhausted, stripped bare, destitute, bereft, wanting in property, or wrecked
in consequence of failure to pay its creditors," he asked.
According to his central
analysis, "the US government is, indeed, bankrupt, insofar as it will be
unable to pay its creditors, who, in this context, are current and future
generations to whom it has explicitly or implicitly promised future net
payments of various kinds''.
Prof Kotlikoff, who
teaches at Boston University, says: "The proper way to consider a
country's solvency is to examine the lifetime fiscal burdens facing current
and future generations. If these burdens exceed the resources of those
generations, get close to doing so, or simply get so high as to preclude
their full collection, the country's policy will be unsustainable and can
constitute or lead to national bankruptcy.
"..... there are
strong reasons to believe the United States may be going broke."
Experts have calculated
that the country's long-term "fiscal gap" between all future
government spending and all future receipts will widen immensely as the Baby
Boomer generation retires, and as the amount the state will have to spend on
healthcare and pensions soars. The total fiscal gap could be an almost
incomprehensible $65.9 trillion, according to a study by Professors Gokhale
and Smetters.
The figure is massive
because President George W Bush has made major tax cuts in recent years, and
because the bill for Medicare, which provides health insurance for the
elderly, and Medicaid, which does likewise for the poor, will increase
greatly due to demographics.
Prof Kotlikoff said:
"This figure is more than five times US GDP and almost twice the size of
national wealth. One way to wrap one's head around $65.9trillion is to ask
what fiscal adjustments are needed to eliminate this red hole. The answers
are terrifying. One solution is an immediate and permanent doubling of
personal and corporate income taxes. Another is an immediate and permanent
two-thirds cut in Social Security and Medicare benefits. A third alternative,
were it feasible, would be to immediately and permanently cut all federal
discretionary spending by 143pc."
The scenario has serious
implications for the dollar. If investors lose confidence in the US's future,
and suspect the country may at some point allow inflation to erode away its
debts, they may reduce their holdings of US Treasury bonds.
Prof Kotlikoff said:
"The United States has experienced high rates of inflation in the past
and appears to be running the same type of fiscal policies that engendered
hyperinflations in 20 countries over the past century."
UPDATE - Two former NYSE
traders found guilty of fraud
Stock market staggers, but investors
still may be too optimistic
Commentary: Newsletters react to stock
markets' losing week
By Peter Brimelow ,
MarketWatch 12:04 AM ET Jul 17, 2006
Investors may still be too optimistic
NEW YORK (MarketWatch) -- First, a proprietary word: on Friday night, the
Hulbert Stock Newsletter Sentiment Index (HSNSI), which reflects the average
recommended stock market exposure among a subset of short-term market timing
newsletters tracked by the Hulbert Financial Digest, stood at plus-23.8%.
This was certainly below the 31.4% it showed on Tuesday night, when Mark
Hulbert worried, presciently we must say, that it was too strong from a
contrary opinion point of view. But it's still above its 12.6% reading at end
of June, although, Mark pointed out, the stock market had declined in the
interim. And since Mark wrote, the Dow Jones Industrial Average has had three
triple-digit down days.
Not good.
Dow Theory Letters' Richard Russell wrote
Friday morning: "If the Dow breaks support at 10,760, I think we could
have some nasty action, even some crash-type action." But, perhaps significantly,
Russell did not quite hit the panic button when the Dow did indeed close at
10,739 Friday night.
He simply remarked, supporting the
contrary opinion view: "Three days in a row with the Dow down over 100
points each day -- you don't see that very often. But still no signs of real
fear, no capitulation, no panic -- just down, down, and down. The key
consideration here is that there is still no sign of big money coming into
this market. In fact, the big money has been leaving this market all year.
... The longer the market continues down without a panic decline, the worse
the ultimate panic will be when it arrives."
What
is Wrong with the Stock Market?
Dr.
Khaled Batarfi
John
D. Rockefeller was once asked why he decided to sell all his stocks just
months before the 1929 Wall Street Crash. He explained: One morning, I was on
the way to my office and stopped to have my shoes polished. The guy asked my
advice about the shares he bought. If people with this kind of talent were
now playing the market, I knew there was something wrong.....
U.S. Treasury balances at Fed fell on July 17 Tue Jul 18, 2006
WASHINGTON, July 18 (Reuters) - U.S. Treasury balances at the Federal
Reserve, based on the Treasury Department's latest budget statement (billions
of dollars, except where noted):
July 17 July 14 (respectively)
Fed acct
4.087 4.935
Tax/loan note acct 10.502 10.155
Cash balance 14.589 15.192
National debt,
subject to limit 8,311.633 8,323.084
The statutory debt limit is $8.965 trillion.
The Treasury said there
were $192 million in individual tax refunds and $23 million in corporate tax
refunds issued.
End Of The Bubble Bailouts A. Gary Shilling, Insight
08.29.06 - For a quarter-century, Americans’ spending binge has been fueled by
a declining savings rate and increased borrowing. The savings rate of
American consumers has fallen from 12% in the early 1980s to -1.7% today (see
chart below). This means that, on average, consumer spending has risen about
a half percentage point more than disposable, or after-tax, income per year
for a quarter-century.
The fact that Americans are saving less and less of
their after-tax income is only half the profligate consumer story. If someone
borrows to buy a car, his savings rate declines because his outlays go up but
his disposable income doesn’t. So the downward march in the personal savings
rate is closely linked to the upward march in total consumer debt (mortgage,
credit card, auto, etc.) in relation to disposable income (see chart below).
Robust consumer spending was fueled first by the
soaring stock market of the 1990s and, more recently, by the housing bubble,
as house prices departed from their normal close link to the Consumer Price
Index (see chart below) and subsequently racked up huge appreciation for
homeowners, who continued to save less and spend more. Thanks to
accommodative lenders eager to provide refinancings and home equity loans,
Americans extracted $719 billion in cash from their houses last year after a
$633 billion withdrawal in 2004, according to the Federal Reserve.
But the housing bubble is deflating rapidly. I
expect at least a 20% decline in median single-family house prices
nationwide, and that number may be way understated. A bursting of the bubble
would force many homeowners to curb their outlays in order to close the gaps
between their income and spending growth. That would surely precipitate a
major recession that would become global, given the dependence of most
foreign countries on U.S. consumers to buy the excess goods and services for
which they have no other markets.
That is, unless another source of money can
bridge the gap between consumer incomes and outlays, just as house
appreciation seamlessly took over when stocks nosedived. What could that big
new source of money be? And would it be available soon, given the likelihood
that house prices will swoon in coming quarters?
One possible source of big, although not immediate,
money to sustain consumer spending is inheritance. Some estimates in the
1990s had the postwar babies, who have saved little for their retirement,
inheriting between $10 trillion and $41 trillion from their parents in the
coming decades. But subsequent work by AARP, using the Federal Reserve’s
Survey of Consumer Finances for 2004 and previous years, slashed the total
for inheritances of all people alive today to $12 trillion in 2005 dollars.
Most of it, $9.2 trillion, will go to pre-boomers born before 1946, only $2.1
trillion to the postwar babies born between 1946 and 1964, and $0.7 trillion
to the post-boomers.
Furthermore, the value of all previous inheritances
as reported in the 2004 survey was $49,902 on average, with $70,317 for
pre-boomers, $48,768 for boomers and $24,348 for post-boomers. Clearly, these
are not numbers that provide for comfortable retirements and, therefore,
allow people to continue to spend like drunken sailors.
What other assets could consumers borrow against or
liquidate to support spending growth in the future? After all, they do have a
lot of net worth, almost $54 trillion for households and nonprofit
organizations as of the end of the first quarter. Nevertheless, there aren’t
any other big assets left to tap. Another big stock bonanza is unlikely for
decades, and the real estate bubble is deflating.
Deposits total $6.3 trillion, but the majority, $4.9
trillion worth, is in time and savings deposits, largely held for retirement
by financially conservative people. Is it likely that a speculator who owns
five houses has sizable time deposits to fall back on? Households and
nonprofits hold $3.2 trillion in bonds and other credit market instruments, but
most owned by individuals are in conservative hands. Life insurance reserves
can be borrowed, but their total size, $1.1 trillion, pales in comparison to
the $1.8 trillion that homeowners extracted from their houses in the
2003-2005 years. There’s $6.7 trillion of equity in noncorporate business,
but the vast majority of that is needed by typically cash-poor small
businesses to keep their doors open.
Pension funds might be a source of cash for
consumers who want to live it up now and take the Scarlett O’Hara, “I’ll
worry about that tomorrow” attitude toward retirement. They totaled $11.1
trillion in the first quarter, but that number includes public funds and
private defined benefit plans that are seldom available to pre-retirees
unless they leave their jobs.
The private defined contribution plans, typically
401(k)s, totaled $2.5 trillion in 2004 and have been growing rapidly because
employers favor them. But sadly, many employees, especially those at lower
income levels, don’t share their bosses’ zeal. Only about 70% participate in
their company 401(k) plans and thereby take advantage of company
contributions. Lower paid employees are especially absent from participation,
with 40% of those making less than $20,000 contributing (60% of those earning
$20,000 to $40,000), while 90% of employees earning $100,000 or more
participate.
Furthermore, the amount that employees could net
from withdrawals from defined contribution plans would be far less than the
$2.5 trillion total, probably less than the $1.8 trillion they pulled out of
their houses from 2003 to 2005. That $2.5 trillion total includes company
contributions that are not yet vested and can’t be withdrawn. Also,
withdrawals by those under 59½ years old are subject to a 10% penalty, with
income taxes due on the remainder.
With soaring stock portfolios now ancient history
and leaping house prices about to be, no other sources, such as inheritance
or pension fund withdrawals, are likely to fill the gap between robust
consumer spending and weak income growth. Consumer retrenchment and the
saving spree I’ve been expecting may finally be about to commence. And the
effects on consumer behavior, especially on borrowing and discretionary
spending, will be broad and deep.
Analysts' Forecasts and Brokerage-Firm Trading
THE ACCOUNTING REVIEW Vol. 79, No. 1 2004 pp. 125–149 Analysts’ Forecasts
and
Brokerage-Firm Trading Paul J. Irvine Emory University University of
Georgia
Collectively, these results suggest that analysts can generate higher trading
commissions through their positive stock recommendations than by biasing
their forecasts.
WHISPERS
OF MERGERS SET OFF BOUTS OF SUSPICIOUS TRADING...
August 27, 2006 NYTimes By GRETCHEN MORGENSON The boom in corporate mergers is creating concern
that illicit trading ahead of deal announcements is becoming a systemic
problem.
Sartre, Courtesy of
Etherzone.com, on the Typical Criminal american B**l S**t: "The official
rate of inflation is a lie. Look at the expense on essentials. The price tag
of food has gone through the roof. Energy, medical, insurance and education
costs are unbearable. As the rise in local and state taxes far out pace any
minimal reductions on the federal level. The huge balance of payments trade
shortfall is no accident. Government deficits grow, as massive debt piles up.
No wonder the laws of economic veracity require a loss of purchasing power in
the value of the currency".
Insiders Selling At A Rate
Of 5 to 1!
'Peak Oil' Has Been Reached [In Part
The Work Of The criminal american (think tank/neo-cons/titans of
industry/cia/nsa,etc.) "geniuses" who have built up communist China
militarily and economically].
·
Record High Oil Prices
·
Consumer Confidence (consumption 65% of GNP) Down
·
Record High Deficits (budget, trade, attention,
intelligence, etc.)
YOU CAN'T BELIEVE A WORD
THEY SAY!