Search results

W have not hit bottom yet. Unemployment is rising, housing foreclosures are rising, homes for sale (open market) are building in inventory, office space is anemic and getting weaker, and economic pain is hitting suppliers and retailers now. Realizing that the equity markets are 'forward...

I guess it was all true... Word of a 5-8 day mass sell off that will be 'spoken of for generations'....

I like and respect Taleb....a lot. But that right there is some funny ass shit. :D

Watching BBC America right now... ...Iceland, South Korea, Argentina, Indonesia, Portugal, Lithuania, Ukraine, Hungary, South Africa, Pakistan... ...All are at risk of defaulting of their debt obligations. They're asking for IMF help.

He states 30% of hedge funds will fold, panic will ensure, and they're going to shut the stock markets down for one to two weeks. http://www.bloomberg.com/apps/news?pid=20601087&sid=a52GAAq9aOSc&refer=home GLG's Roman, NYU's Roubini Predict Hedge Fund Failures, Panic By Tom Cahill and...

Yep. I was once in denial that this could be possible. No more.

All the more reason to ring alarm bells and panic already devastated financial markets - - I'm almost beginning to believe it's intentional at this point. It is true that Argentina, Iceland and Hungary are basically destroyed, however, and Korea isn't looking so stable, either... But...

Moderators are allowed to be sarcastic and have a sense of humor.

100% serious.

Kudos to RM. Amazon getting Amazonian.

S&P breaking 800 doesn't seem like a bleary eyed nightmare anymore...

Gold May Pay Only in Case of Maximum Despair: Jane Bryant Quinn Commentary by Jane Bryant Quinn Enlarge Image/Details Oct. 22 (Bloomberg) -- Gold is for rich guys -- buying physical gold, that is. The metal's highest and best investment use is as insurance policy against a currency...

But people and businesses aren't spending money. Consumers are reigning in spending and even credit (paying down debt or refusing to take on more). Businesses are shoring up balance sheets by reducing inventories, laying off workers, and cutting dividends. So, cash is being hoarded...

Aha! Good answer. But how do I or we know that this will be the outcome 'this time?' A serious question. Anyone?

...yet banks and financial institutions are hoarding cash... ...and individuals fortunate enough to be liquid are hoarding the 'older' cash that they have saved... ...what is the end result in terms of inflation or deflation or stagflation, why, and when? Increased money supply +...

I don't think this is a stretch at all. I honestly believe it's an 'open secret' that big business wants to crush small business in the U.S., and politicians on both sides of the aisle are more than willing to further that mission statement at the behest of their masters.

Just wait... ...The U.S. will join the march to a 'common currency' sooner than many of you would like to believe. If Bush had his way, we'd already be forking over 'Ameros' for lunch.

I don't own it, but have to look closely at it now... ...I'll get to the bottom of this, one way or another.

Oil will need to fall back to $10 for this to be true - where it was in 1998.