Graham Summers’ Weekly Market Forecast (line in the sand edition)
Submitted by Phoenix Capital... on 09/06/2010 - 22:04 headlines Obama Administration recovery Last week I forecast that stocks would either re-test 1,040 and breakdown or rally to 1,100. Stocks once again opted to accomplish both of my forecasts falling to test 1,040 on Tuesday before starting the mother of all ramp jobs Tuesday afternoon into Friday. All in all, stocks rallied over 5% in the span of 72 hours. The move started off as the most obvious manipulation in history, with stocks exploding higher in the final 15 minutes of trading in August to insure that the Dow closed the month above 10,000, which appears to be the proverbial “line in the sand” that the PPT has drawn (more on...
- Comments: 21
- Reads: 3,894
Will Unemployment Continue to Climb?
Submitted by Econophile on 09/06/2010 - 15:52 BLS Bureau of Labor Statistics Consumer Confidence Consumer Sentiment HIGHER UNEMPLOYMENT Medicare Obamacare recovery Rosenberg Unemployment Wall Street Journal No matter how the Obama Administration tries to spin it, employment numbers are soft and getting softer. There do not appear to be any basic economic factors that would cause employment to rise. Here is a look behind the numbers.- Comments: 52
- Reads: 5,176
A Little Rice Wine Spat: Taiwan vs. U.S. and EU
Submitted by Static Chaos on 09/06/2010 - 13:54 Both the U.S. and EU governments allege that a planned tax cut by Taiwanese government on domestic rice wine will create an unfair competition to imported whisky, cognac and brandy,and have threatened to file a WTO case against Tawian. As battle clouds are gathering at the WTO, it seems high time for some quick cross-cultural understanding....on rice wine.- Comments: 28
- Reads: 2,229
Bernanke, Bubble Denier: The Greatest Fed Tool of All
Submitted by EB on 09/06/2010 - 12:07 Ben Bernanke Blue Chips CDO Collateralized Debt Obligations Equity Markets ETC Excess Reserves Federal Reserve Federal Reserve Bank Financial Crisis Inquiry Commission Financial Regulation Florida Housing Bubble Housing Market Housing Prices International Monetary Fund Monetary Aggregates Monetary Policy Moral Hazard Recession recovery Reserve Currency Robert Shiller United Kingdom Last week, the assorted regulatory freaks were busy patting themselves on the back, and our intrepid printer-in-chief himself made the rounds Thursday morning with appearance no. 2 of his Whip Deflation Now tour. Stay tuned to learn which deceased Fed Governor stated at the Sep *2002* FOMC meeting in no uncertain terms that there was in fact a housing bubble underway.- Comments: 44
- Reads: 4,189
Lunch With Robert Reich
Submitted by madhedgefundtrader on 09/06/2010 - 01:28 China Gross Domestic Product Home Equity Main Street Obama Administration Recession Robert Reich TARP Unemployment Yuan An autopsy on the Failures of the Obama administration. A major error by devoting one third of its massive $870 billion stimulus program to tax cuts, which in this environment, will get saved, not spent. Easy money is creating new bubbles around the world, especially in China (FXI) and commodities, that will only end in tears.- Comments: 63
- Reads: 3,735
Dick Cheney's Oily Dream
Submitted by George Washington on 09/05/2010 - 23:40 Afghanistan Alan Greenspan ETC Iran Iraq John McCain Middle East national security Somalia Testimony White House World Trade When did it start? When will it end?- Comments: 45
- Reads: 4,297
Will Steve Forbes be the Tea Party Presidential Candidate in 2012?
Submitted by madhedgefundtrader on 09/05/2010 - 21:10 Rating Agencies recovery A Chat With Steve Forbes. The crash was a failure of government. We have the most hard left president and congress in history. The Fed should pursue a strong dollar policy. The rating agencies are a cartel we should get rid of. George Bush betrayed the Republican party by abandoning its principles.- Comments: 11
- Reads: 1,581
High Roads to China
Submitted by asiablues on 09/05/2010 - 19:06 Auto Sales Brazil China ETC Exchange Traded Fund fixed Ford General Electric Gross Domestic Product India Monetary Policy New York City Reuters Volvo World Bank Yuan The back-to-back super-sized traffic jams near Beijing has landed China on the top spot among the cities with the world's worst traffic. While the world seems quite fixated on the length--miles and number of days--of these mega jams near Beijing, there's also a serious message--the under-capacity of China’s infrastructure.- Comments: 11
- Reads: 3,032
A Walk in the Woods – We Hate Goldman
Submitted by Bruce Krasting on 09/05/2010 - 18:07 CRAP goldman sachs Goldman Sachs A Labor Day rant.- Comments: 136
- Reads: 6,690
What If “It” Doesn’t End With a Bang But With a Whimper? Mind Games - Chapter Two of Two
Submitted by Cognitive Dissonance on 09/05/2010 - 16:45 Central Banks ETC Federal Reserve Housekeeping Insane Asylum Main Street national security Precious Metals Reality Reserve Currency Sovereign Debt The Matrix We should not adopt positions or beliefs that oppose the Ponzi simply because it’s contrary to the Ponzi. Doing so just shifts the illusion of control to us, but still leaves us dancing to the Ponzi beat. Our views should be adopted only after rigorous examination and vetting. This is the only way to a truly peaceful, free and sovereign life.- Comments: 160
- Reads: 9,479
Will Greece Exit the Eurozone?
Submitted by Leo Kolivakis on 09/05/2010 - 16:28 Bond Borrowing Costs Capital Markets China Creditors default European Central Bank European Union Eurozone Evans-Pritchard George Papandreou Germany Greece International Monetary Fund Italy Moral Hazard Portugal Recession Sovereign Debt Trichet Unemployment Vigilantes Greece's exit from the eurozone would be the "worst possible option", Europe's central bank chief said at the weekend amid concerns over the debt-stricken country's ability to pull itself out of crisis. Will Greece default and will this cause yet another global crisis?- Comments: 23
- Reads: 3,045
Weekly Contrarian COT Index and Retail Positioning Analysis
Submitted by Pivotfarm on 09/05/2010 - 13:02 Commitment of Traders Commodity Futures Trading Commission Market Sentiment Smart Money The Commitment of Traders Report is created by the CFTC – The Commodity Futures Trading Commission and is published weekly every Friday. This body gathers and publishes the open futures positions on all publicly traded US futures contracts as well as the corresponding options. The data consists of 3 main categories. Commercial Traders – These are the bigger players in the markets, the smart money and consist of large firms that actually use the commodity being traded, includes companies like…BP in the Oil and Gas Market, Nestle in the Cocoa and Sugar market. The main function of these traders...- Comments: 10
- Reads: 2,378
HP`s 3PAR Acquisition Makes Strategic & Financial Sense
Submitted by asiablues on 09/05/2010 - 09:23 Bond China Dell India Market Share The 3PAR saga finally came to a close on Sep. 2 with Dell beaten by Hewlett-Packard in an 18-day bidding war. The final price tag of 3PAR is at $33 a share, or $2.35 billion, almost twice Dell’s initial offer at $18 a share last month. So, does this acquisition make sense for HP?- Comments: 6
- Reads: 1,646
Recent Problems in the Dutch Pension Sector
Submitted by Leo Kolivakis on 09/04/2010 - 19:53 Bond Copper Demographics DSB Bank Germany Google Guest Post Insurance Companies Netherlands Newspaper Reality recovery Yield Curve A guest commentary by Martin van Dalen, a portfolio manager in the investment department of the Dutch Social Security Organization- Comments: 20
- Reads: 4,293
Will Americans Pay to Bailout Yet Another Foreign Bank ... in Afghanistan?
Submitted by George Washington on 09/04/2010 - 18:04 Afghanistan AIG American International Group Bank of America Bank of America Bank of England Central Banks China Citigroup Corruption Dubai European Central Bank Fail Federal Reserve Foreign Central Banks Grayson India International Monetary Fund Kucinich New York Times Swiss National Bank TARP Too Big To Fail Treasury Department Tyler Durden Wall Street Journal World Bank Will the American serfs have to pony up yet again?- Comments: 17
- Reads: 3,086
