Archives 6/23/09
 No Green Shoots of Economic Recovery with US Debt at 700% of GDP Good article.
Don't Bet on Exit Strategy from the Fed: Economist The fed will stop at nothing to reinflate another bubble. The fed's job is to create bubbles and inflation even if main street suffers.
Why The Left Is Questioning Its Hero The stimulus and bailouts should have never been passed in the first place. Now $2 trillion dollars down the drain, and nothing to show for it except this illusion of 'saved jobs' and 'green shoots'. What a joke.
Deflation: It's Back Can we speed it up already? Why is gas at $3/gallon in some regions?
Experts: Apple Disclosure 'Falls Short' All talk and no action. If Apple broke the rules, the SEC should make an example out of them. Why should some companies be above the law just cause they make cool gizmos?
Will Oil Prices Surge? Considering the severity of the crisis oil should be trading below $40. Once the next shoe drops oil should swiftly fall below $30, but that may not be for awhile.
Inflation: Far into the Future Obviously, the neocons that run BusinessWeek ignore the fact that surging oil, gas, and food prices IS inflationary and has an negative impact on consumers.
 More Pain for Gold The short dollar, long gold trade still has further to run.
Know when to say no to a job offer Good tips for job seekers.
Is a bull market around the corner? The fed's efforts to prop up the markets will prove futile, as it did in Japan. Consumers are in the process of deleveraging and *shock* saving money.
The Friedman Effect: Is Another Bear Market Around The Corner? Technically y0ou can make the market go as high as you want by printing worthless dollars.
The Rally Is Intact—Barely There does seem to be a lot fo support in the 880-900 range on the SPX
Stimulus money is slow to translate into jobs This comes as no surprise. It's not about creating jobs, but 'saving' them (whatever the hell that means).
Financial hall monitors Agree 100%. Obama's financial'reform' is a joke.
Obama's poll numbers begin to tumble Rightfully, main street percieves the stimulus to be a boondoggle. No jobs, and surging energy & food prices.
Market week ahead: Correction is imminent Maybe not imminant, but more downside is expected sometime in the future. The FOMC meeting will most likely be bullish for stocks, commodities, Euro and bearish for dollar since the fed won't hint at any rate hikes.
'Green Shoots' Not Evident, And Is The Most Annoying Phrase Of Financial Crisislol...so true. The green shoots got stepped on and died. Too bad.
Tech Will Not Save the Day Good charts. IPhones, Blackberries, and Google click ads can't prop up the economy.
Insiders Getting Out It could also be that insiders are merely taking profits after a huge rally, but this is not a good sign for bulls.
 Gold Intermediate Buy Signal Triggered Good article.
Dollar slides as stocks stabilize Awesome, it's 2002-2008 all over again.
The 3 Reasons to Dump Stocks Today Long term bearish, short term bullish. To be fair, one reason why volume is contracting is because stock prices have surged, so therefore can't buy as much quantity.
Kass: Three Summer Scenarios So what you're saying is that the market could either rally, stall, or plunge? F'ing genius.
(blast from the past) Apple should pull the plug on the iPhone Wow that has to be the worst prediction ever.
Tales From Bailout Nation The Greenspan & Reagan duo are culpable. It began when the fed injected liquidity after Black Monday.
Apple’s Secrecy on Products and Top Executives Only Apple could get away with these shenanigans, and maybe Google, too. for some reason technology companies are above reproach.
Gas prices finally give, oil prices dip Woo hoo a few pennies. Oil & gas shouold be atleast 30% lower from their present levels. Consumers still getting gouged.
Gartman: Warren Buffett Isn't An 'Idiot' .. But He Allowed 'nexcusable' Losses In Buffett's defense it was the worst financial crisis in 70 years, and BRK.a had outperformed the market for many decades. Horrible picks like GE obviously didn't help last year.
The New Economy Won't Be Like the Last One
That's fine by me. Sometimes it's good to slow down. Too much economic growth results in hyper-inflation, obscene wealth gaps, and corruption
Why Are Online Broker Accounts Growing? Cuz there's a sucker born every minute?
Watch for the turning point I have a suspicion the bull market will continue. Wall Street obviously loves free money, and Bernanke is an enabler/shill for the globalist financial elite.
Cramer: Is a Rebound Rally Imminent? Agree. This bull market has further to run even if the economy sucks.
Confidence in Stimulus Plan Ebbs, Poll Finds Consideirng no one can find the so called 'stimulus jobs' this comes as no surprise.
Clinton did it (and others helped) Yea, but all this wasteful government spending goes back to the FDR and Johnson era...
Tech Will Not Save the Day That def. looks like a breakdown, but it almost seems 'too obvious'. Trading stocks is never as simple as cherry picking high volume days.
Déjà vu All Over Again. Once More. The world bank doesn't watch CNBC or Fox Business News...
The return of the bear market To be fair, the micex had gained over 100% form March lows...
Oil Topping Out, Gas Prices Have Likely Peaked for Summer, Energy Trader Says I sure hope so...
 Reports of Economy's Recovery Have Been Greatly Exaggerated Green shoots getting stomped out.
Americans Are More Upbeat, but Wallets Are Staying Tight Hopefully, those wallets will remain tight as a 25-year debt/consumption binge draws to a close.
America’s 15 Most Recession-Resistant Cities Here's the catch: these cities are also among the most expensive to live in relative to the wages you're earning. Sure there will be jobs, but you'll still be broke...
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