Search results

Every major index on the globe is down today. Whats everyones prediction for tomorrow?

Even with injecting 12B, the dow is still down nearly 300.

I predicted down 200. Much worse than I thought.

Guns are commonly used to shoot people with. Hope this helps.

Dow down 200 today. Its science.

Bill Poole has NO IDEA! Cramer said so.

What I mean is - he is fully aware of the results that his actions will bring about, but he is doing them for the Feds own unique reasons. He has a number of people he can refer to, all with advanced degrees in Business/Economics, its not like he is the only person who decides thing. Just like...

Bernanke has a phd from MIT. He knows exactly what he is doing.

Whatever it is, it will be related to the masses amounts of retiring baby boomers.

12 months.

Will there be a recession in the USA and if you think there will be how bad do you think it will get? I think there will 100% be a recession and I think it will spread to Canada, UK, most of Europe and China.

Depressions like the one we are about to experience are manufactured, not accidental. The central banks know exactly what they are doing. Its like a type of wealth confiscation.

Yeah, they are so tradeable, they have caused everyone to stop trading.

What is everyones opinion on the best thing the Fed can do to sort out this mess?

Stupidity would be to refinance your house.

The US economy is doing piss poor. In fact, havent consumers made up 70% of the economy since the tech bubble popped? The US offshored a lot of good paying jobs overseas leaving Americans with mainly service sector jobs. Now whatever jobs created by the housing bubble will disappear and what...

As I understand it, the Fed inject liquidity with something called repurchase agreement. This is when they create money on their computer out of thin air, then they lend it to banks at a certain interest rate. These loans are pretty short and usually have to be repaid within 7 days. The ones...

It means the Dow ended up positive today instead of down 200 or so.

As other people have pointed out, the free market (which America claims it has but actually doesn't) would correct this market, and banks that had made irresponsible loans would go out of business. The govt bailing out business' which are about to flounder only sends a message out to everyone...