ilene's blog
Hit With Big Withdrawals, Fed Sells Assets, Borrows Cash
Submitted by ilene on 11/06/2011 17:13 -0500We'll have to see what hits the fan this week.
Extreme Poverty Is Now At Record Levels
Submitted by ilene on 11/05/2011 14:23 -0500Yes, times are going to get harder and an economic collapse is coming.
Improving Employment or Dead Cat Bounce
Submitted by ilene on 11/05/2011 02:36 -0500The devil, as always is in the details.
Friday Follies - Greece Job
Submitted by ilene on 11/04/2011 14:39 -0500Ah the old "destroying the universe" ploy.
First Time Unemployment Claims Increase But Less Than Usual
Submitted by ilene on 11/03/2011 21:04 -0500There's just one minor problem.
Gold ready to attack prior highs in the 1900’s
Submitted by ilene on 11/02/2011 14:35 -0500Look for Gold to attack 1775 first, then 1800, 1840, then 1900 in the coming 6-10 weeks or so.
Foreign Central Banks Have Left the Building
Submitted by ilene on 11/01/2011 21:15 -0500Then about 7 weeks ago, the FCBs not only slowed their purchase rate of Treasuries and Agencies, they began selling outright, and have continued to do so at unprecedented levels.
Stock World Weekly: Europhoria
Submitted by ilene on 10/30/2011 15:17 -0500"Unless the FCBs step up to the plate much more than they have in the past couple of weeks, either the Treasury market will collapse, or the stock market rally will fizzle, or both. We’re not there yet." Lee Adler
THE UNFORTUNATE TRUTH ABOUT AN OVERBOUGHT STOCK MARKET
Submitted by ilene on 10/30/2011 01:03 -0500In addition to the unknown factors impacting the European “solution”, next week the Federal Reserve will have their regular FOMC meeting and statement.
Be Honest – The European Debt Deal Was Really A Greek Debt Default
Submitted by ilene on 10/28/2011 18:45 -05002012 looks like it is going to be an extremely painful year.
Which Way Wednesday - EFSF'd Up Edition
Submitted by ilene on 10/26/2011 14:47 -0500Even if Europe fixes their mess and China does whatever it is China does to paint their numbers for another few years, it will only serve to swing the spotlight back on this dinosaur of a Nation that is little more than a shell of its former self.
Glimmers of Housing Hope In Mortgage Applications Data
Submitted by ilene on 10/26/2011 12:17 -0500We're always more interested in the trend, and whether that trend is showing signs of change.
Phil Davis on BNN
Submitted by ilene on 10/25/2011 12:55 -0500Phil is interviewed on the Business News Network.
Stock World Weekly: Fear and Loathing in the Eurozone
Submitted by ilene on 10/23/2011 18:23 -0500Different views for next week....
