Archive - Sep 20, 2011 - Blog entry
Obama Thinks that High Unemployment Is Okay: Unwise for Government to Spur Hiring
Submitted by George Washington on 09/20/2011 22:42 -0500Jobs? They don't need no stinkin' jobs ...
US Housing Hangover Or 20-Year Japanese Nightmare
Submitted by testosteronepit on 09/20/2011 21:44 -0500The media lamented the ugly housing-starts number. But for the market to heal, it should be near zero. In Japan, land prices are still declining 20 years after the bubble burst, and even the Yakuza are complaining.
There is a great sense of denial in Europe
Submitted by Michael Victory on 09/20/2011 18:56 -0500From the desk of Billy Mitchell.
Turnaround Tuesday - Greece is Fixed (again)
Submitted by ilene on 09/20/2011 13:39 -0500Turning a minor incident like Greek debt into a World-shaking economic crisis is BRILLIANT!
The Markets Just Called the Central Banks' Bluff
Submitted by Phoenix Capital Research on 09/20/2011 13:19 -0500
Folks, if a coordinated intervention on the part of FIVE central banks can’t even give us one week of gains in the European banks… nor lower the cost of Dollar swaps… then we’re in the absolute END GAME for central bank intervention.
Red Alert on the Red Metal?
Submitted by Bruce Krasting on 09/20/2011 11:08 -0500Where will this one end up? Possibly bad.
European Charts (and what to use as a hedge)
Submitted by thetrader on 09/20/2011 10:25 -0500Eurozone Charts to keep track of.
Most Headlines Now Show French Bank Run Has Started, And It's Happening Precisely As Our Research Anticipated
Submitted by Reggie Middleton on 09/20/2011 10:14 -0500Now that the French banks have pretty done exactly what we anticipated due to Italy and Greece who pretty much did what we anticipated, what's next? Look towards those banking stalwarts, but don't mention the US or shhhh!!! Gemany... Oh yeah, it's too late!
Another Warning Sign
Submitted by thetechnicaltake on 09/20/2011 09:35 -0500Any such proclamation that the world is ending is on hold until after the Fed meeting on Wednesday. Who knows…maybe they have a plan to bail out the world?
Before the Tape 9-20-11 (Waiting on the Fed)
Submitted by Phoenix Capital Research on 09/20/2011 05:42 -0500Worldwide, there is a shortage of capital. Leverage levels exceed those of the Tech Bubble. Even Central Banks, such as the Fed are leveraged to the hilt (with $50 billion in capital and $2.8 trillion in assets, the Fed is leveraged at 56 to 1. Lehman was at 30 to 1 prior to its collapse).
What if we get further Credit Downgrades?-and Implications for the EFSF
Submitted by thetrader on 09/20/2011 04:08 -0500What if, only what if....?
