Archive - Aug 18, 2011 - Blog entry
The Fed bombed the market - I ask, "Why?"
Submitted by Bruce Krasting on 08/18/2011 19:52 -0500The WSJ article last night was the kiss of death for all markets today. Was that deliberate? I think so.
BP's Gulf Oil Well May Be Leaking AGAIN: "The Oil May Be Coming From Cracks And Fissures In The Seafloor"
Submitted by George Washington on 08/18/2011 13:11 -0500But they said ...
ViSuaL CoMBaT DaiLY (8.18.11) [HaPPY BiRTHDaY ZoDiaC TiM]
Submitted by williambanzai7 on 08/18/2011 12:41 -0500Have a nice vacation you moron! Seriously, does this constitutional half wit know how to do anything besides ride around on a Canadian bus, blow hot air and duff the back nine? His 26% approval is a public gesture of uncalled generosity. He has the country stuck in a giant economic sand trap which he thinks he can manage with a cracked Keynesian fairway wood...
The Fed Will Soon Find Itself in the SNB's Shoes: POWERLESS
Submitted by Phoenix Capital Research on 08/18/2011 12:09 -0500We’re fast approaching a time in which neither the Fed nor the ECB will be able to hold the market together. Indeed, we got our first taste of what it will be like at the end of July when the S&P 500 wiped out nine months’ worth of gains in about two weeks’ time:
This Isn't Just a Correction... The Second Round of the GREAT Crisis is Here!
Submitted by Phoenix Capital Research on 08/18/2011 09:58 -0500We’re now officially in the Second Round of the Great Crisis. And if you thought the first Round of the Financial Crisis was bad, wait until you see the next one. Indeed, I fully expect that what’s coming is going to be 2008 on STEROIDS. I’m talking about market crashes, civil unrest, riots, bank holidays and more.
After Accurately Predicting the French Bank Run, I Now Predict US Bank CONTAGION!!!
Submitted by Reggie Middleton on 08/18/2011 08:31 -0500After accurately predicting the Pan-European Sovereign Debt Crisis, which sparked our prediction of the French Bank Run which appears to be causing a panic induced market run as I type this, we've found the big US bank most likely to suffer contagion from the fallout... As I have said in the past, Lehman was just the warm up routine, you ain't seen nothing yet!
