Archives 6/21/09
Bond market's rally warrants skepticism I concur. The 10-year is due for a major correction.
Towards an Inflationary Depression A long, rambling, tounge-in-cheek article about hyerinflation.
Too Big to Fail: Special NYT edition It's really economic favoritism and wefare capitalism. 'Low tech' companies like GM and small businesses get minimal assistance.
Obama's slip is showing: The public likes his big plans much less than it likes him
Obammi is an empty suit, that's for sure. Hillary & McCain were right regarding his lack of experience.
The Truth About Unemployment Numbers It would take 20% govt reported unemployment and soup lines for the neocons on CNBC and Fox Business News to aknowledge that maybe things 'aren't so good with the economy'.
Obama plan will keep snake oil salesmen in jobs Agree 100%. Nothign will change. Giving more power to the fed is a disastrous move.
 Maher Blasts Obama on Reform Efforts: 'Not Getting the Job Done, Not What I Voted For' Oldish clip, but still valid.
Two Proofs That Global Economy Is Not on the Upswing We empowered the Chinese to hold our debt at the expense of economic self sufficiency, and we may eventually pay dearly for it.
Why Inflation Isn’t the Danger Short term inflation is an issue as evidenced by surging food & energy prices, but longer term deflation will triumph as this fed induced mini inflation bubble bursts. Deflation is far more problematic than inflation.
 Gold Potential Long-term Double Top Pattern A short term target of $1100-1300/ounce still seems feasible.
Obama's Fairy Dust Maybe, but what we need is effective regulation instead of just talk. Hypercapitalism created this problem.
Elliott Wave analyst says S&P 500 will drop 50% in next 6 months Despite being a beaar, the odds of that happening are nil.
Thoughts on Free Market Economics Neocons are at the root of this financial mess becuase they are greatest proponents of deregulated financial instruments, lending and deficit spending. Thankfully, that era is coming to a close.
The economic winter may have passed This fed induced rally wil be short lived. A 25-year debt bubble is slowly bursting.
Summer of '09: 'Grim' and Bear It I'm still long because the SPX has more room to run before this bear rally finally tops out.
Obama approval ratings dip to lowest point in early presidency Is this the prelude to an Obammi defeat in 2012? It took only a couple years for George W. Bush's approval ratings to fall 20% and that was without the recession.
Weekly Technical Strategist: EURUSD Still more upside for the Euro.
Wall Street looks to refuel rally in week ahead I agree that we could see some more upside this week.
Fed Meeting, Treasury Auction Will Dominate Market Fed will leave rates unchanged...duh
Time to Put the Fun in 'FUNemployment!’ It's fun until the checks stop coming...lol
Steve Jobs Liver Transplant--Is That Ethical? It makes you wonder. Why all the secrecy at Apple?
The 'L' Factor: Unemployment Still Growing The problem is that unemployment will remain stubbornly high even after the recession 'ends'. Many of the jobs will never return due to outsourcing, insourcing, or technological automation.
Obama stimulus plans no help for surging unemployment
A Unique Moment for the S&P 500 The media's job is to keep the population blissfully ignorant.
Large banks see recession ending by late summer But what about the EXTREME URGENCY of September 2008? Now everyting is peachy, huh? 13 banks repaying TARP. Taxpayers got scammed, plain and simple.
Stop Blaming Efficient Market Theory For The Crisis The concensus is that the crisis was caused by reckless capitalism.
 Economic recovery could be closer than you think This ia pipe dream. Any upticks will be temporary before the next contraction begins.
 I didn't get the memo about the economy The green shoots got stepped on and died...lol
Fed to stamp out idea of early rate hike: analysts The fed is desperately trying to inflate another bubble.
The green-collar jobs myth I concur. What about those 'shovel ready' jobs...lol
Will Failure Of U.S. Consumer Recovery Thwart Recovery? Yup...the consumer is toast.
I'm Really Tired (of This Market) 10% personal savings rate? That seems about right. People are tired of being enslaved by credit card companies
Buyers Fatigue? Not so fast. The S&P 500 (SPX) could retest 960 this week. The trend is still very bullish, despite poor economic fundamentals.
Economy still overly dependent on government The government's efforts to kickstart the economy will eventually prove futile.
Obama stimulus plans no help for surging unemployment This comes as no surprise. $750 billion down the toilet.
Guest Opinion: Speculation burns gas customers This is a prime example of price gouging. Oil & Gas should be much lower considering how deep the recession is.
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