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    Stong Black Friday sale

    Myopic Bulls.... You can't see the red through the 'Black' in 'Black Friday,' and you sure as hell can't see the forest through the trees. Good luck with those retail earnings when riff raff are out buying the loss leaders, packing their cars full, and hitting Micky D's on the way home...
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    Forward Earnings Are Bound To Get Much, Much Worse

    Riots reported in China, with factory workers who have been shut out of the plants burning police cars and anything else. Serious issues, PEOPLES... Russia just reported record economic contraction, in addition to China's record manufacturing contraction. pabst - muni bond spreads are...
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    Is Obama a member of Skull and Bones?

    Obama went to Harvard. Skull & Bones is a Yale thing. I'm sure Obama has an 'honorary title,' though, as he now has coalesced power/
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    Philip J. Berg, Petitioner v. Barack Obama

    Whatever you claim or think you know, I KNOW THIS MUCH: America hates a loser, whether Al Gore, or John McCain. McCain is now officially a loser. Berg will soon share this fate in his wasted energy, though it will barely attract attention, being ipso facto moot at this point, anyways...
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    Apple: A Major Short 11-28-2008

    You must have missed my past calls. I was bullish last December and then saw a great and ominous trend in the employment and foreclosure (and not just residential) rates about to make giant waves. Since them bearish all the way - true (can you blame me?). I've been screaming 'Fire!' since...
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    The Next Bubble

    I presume you mean Blackwater, not 'Blackstone.' Nahh, that's not going to happen. China is the next bubble, and despite the precipitous decline in its equity markets, it is in the process of collapsing right now, for all the world to see. They say 'don't fight the tape' in stocks...
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    Forward Earnings Are Bound To Get Much, Much Worse

    More grist (worthy, at that) for the mill: http://www.bloomberg.com/apps/news?pid=20601087&sid=a0XWoWq6J5k8&refer=home So, we now have 'synchronized (and real) slowing around the globe,' with the U.S. exporting unemployment. I sure as hell can't see how egg head, wonkish economists at...
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    Saudis Want $75 Oil

    The last time OPEC failed to obtain consensus on output, or failed to honor their cartel pledge, oil fell to $10 a barrel. That was 1998. Amazing, huh? http://www.bloomberg.com/apps/news?pid=20601087&sid=auITrgeTXJnU&refer=home The Saudis may not get their wishes if this global...
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    how will Canada fare if global economy collapses?

    Just three months ago, the Canadian Dollar was $1.08 against the USD. As of today, it's about 80 cents. So, I'd say Canada is unfortunately in for some major league hurt if recent, sharp trends are any indicator of things to come...
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    Trump to miss interest payment

    I respect a couple aspects of the man, but overall, he's a real wanker: Exhibit C? Or D? Whichever:
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    China Catches At Least A Cold: Global Recession Deepens w/China's Record Contraction

    Admittedly, it's just a hunch, but I'd be surprised if they actually squeeze out anything near 7.5% annualized with the way things are getting sicker, faster. http://www.bloomberg.com/apps/news?pid=20601068&sid=aVRGLHihqJtM&refer=home China’s November Manufacturing Contracts by Record...
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    Forward Earnings Are Bound To Get Much, Much Worse

    China breaking hard, and IMVHO, it will be a long, dry spell for them: " Dec. 1 (Bloomberg) -- China’s manufacturing shrank by the most on record and export orders plunged, adding to evidence that recessions in the U.S., Europe and Japan are dragging down the world’s fastest-growing major...
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    Apple: A Major Short 11-28-2008

    A lot of stocks are down 90% or more. I don't expect that kind of downside with AAPL. Apple was @ 96 when I originally posted - I don't think 80 w/in the next month or two is out of the question.
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    Forward Earnings Are Bound To Get Much, Much Worse

    makloda, I am in cash and thinking deeply about committing to muni bonds right now. When I ask myself what asset classes are investable now, I struggle mightily. That either portends a basic common sense or a unwarranted risk-aversion. I have never been more confident that things will get...
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    Apple: A Major Short 11-28-2008

    Are you stock_turdler?
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    Montana’s Yellowstone Club, a mountain retreat for SUPER-RICH, files for bankruptcy

    http://www.nytimes.com/2008/11/30/us/30gated.html?_r=1&hp Big Sky Journal Economy Crashes the Gates at a Club for the Rich Janie Osborne for The New York Times The Yellowstone Club has been affected by the global financial crisis By KIRK JOHNSON Published: November 29, 2008...
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    Black Friday: Americans shop like there is no tomorrow

    Stores selling 'loss leading' electronics and other goods on the biggest shopping day of the year will not save them. You will see the results of the period of time when private equity loading up retailer balance sheets with massive debt soon - the hens will come home to roost in early 2009...
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    Forward Earnings Are Bound To Get Much, Much Worse

    makloda, if you are of the conviction that this will be a short and shallow recession then recent historical metrics and time frames have relevance. If you believe that it's more likely that we are experiencing and will continue to experience a fundamental change in consumer and business...
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    Forward Earnings Are Bound To Get Much, Much Worse

    Good luck to the perpetually bullish here. Last week's 17% gain was the best U.S. markets enjoyed since 1933 - a time period frequented by outlying bear market rallies. Some say that markets are efficient 'forward looking' mechanisms. If that's true, forward is likely to get much worse...
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    Dwight Eisenhower Warned Us: The Military-Industrial Complex WILL Bankrupt Us

    The Wall Street Journal hasn't exactly been an institution of public trust in doling out the prescriptions for what economically ails (and will continue to ail) us. All power brokers are pushing the same global 'throw gargantuan amounts of fiat currency at the wall and see what sticks' plan...
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