Archive - Oct 2011 - Blog entry
October 24th
The Coming New Recession: A Game Plan
Submitted by Econophile on 10/25/2011 00:12 -0500We are far enough away from the onset of the Great Recession that another down-wave in the depression (or a new recession if you go by NBER) is either here or due soon. It may not be a severe downturn, as housing and autos would be falling from first- or second-floor windows in that case, but it would be occurring on the backdrop of a weakened structure, and thus the financial effects could be more severe than the economic effects (which could be severe or mild). Here is what you need to do.
“Obama to Bypass Congress on Mortgages” … But “New Obama Foreclosure Plan Helps Banks At Taxpayers’ Expense”
Submitted by George Washington on 10/25/2011 00:02 -0500Obama Bypasses Congress … to Enact Program Which Helps Banks at Taxpayers’ Expense
October 24th
The Fed Bails Out Gaddafi’s Libyan Bank, Arab Banking Corp. of Bahrain, Banks of Bavaria, Korea and Mexico … But Shafts America
Submitted by George Washington on 10/24/2011 23:58 -0500The Federal Reserve Bails Out Fatcat Bankers and Financiers Worldwide … But Shafts the Average American
Just Say No, Germany ... and Don't Listen to Geithner
Submitted by testosteronepit on 10/24/2011 19:10 -0500The German parliament has a historic opportunity to say no to the bankers and stop the madness....
Commodities Snapshot: Oversold For Now, Dollar Holds The Key
Submitted by EconMatters on 10/24/2011 18:31 -0500If QE3 does translate into a similar effect to QE2, then stagflation and hyperinflation could be expected in most of the developed countries, and developing economies, respectively.
Graham Summers’ Weekly Market Forecast (Stocks Are Last to Get It Edition)
Submitted by Phoenix Capital Research on 10/24/2011 17:52 -0500Last week’s moves were entirely based on the fact that stocks are now tracking the Euro almost tick for tick. And last week, the Euro hit “take off,” despite the clear indications that Europe is facing systemic failure (the entire banking system is leveraged at Lehman-like levels and European sovereigns are facing failed bond auctions on a weekly basis).
THe BUNGA BoMB
Submitted by williambanzai7 on 10/24/2011 14:01 -0500Dr. Trichet's ingenious EFSF Doomsday Device...[How could we make this shit up?]
2008/2011 Chart Update
Submitted by thetrader on 10/24/2011 09:33 -0500As we approach major resistance levels, time to review some charts. What did the markets look like in 2008?
Another U.S. Sovereign Downgrade Likely By 2011 Year End, Says Merrill
Submitted by EconMatters on 10/24/2011 08:44 -0500Not again...
October 23rd
Stock World Weekly: Fear and Loathing in the Eurozone
Submitted by ilene on 10/23/2011 18:23 -0500Different views for next week....
Chaos in the Land of Oz, Part 2
Submitted by ilene on 10/23/2011 14:53 -0500The only thing that will rally the market is another bailout rumor. Nobody asks who's going to pay for it.
Chart of The Day: The Slippery Slope of Sliver
Submitted by EconMatters on 10/23/2011 09:46 -0500Let's just say even if you were an Olympic skier, you would not want to ski on that slope...
