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Consumer spending is up which is very good news.

I particularly liked how he showed clips of various news organizations stating headlines such as pandemic outbreak, the sky is falling, we will all be dead in a matter of minutes etc. etc. then Stewart subsequently showed clips of those same news organizations saying "we don't want to scare...

Anybody see Jon Stewart last night? He made a mockery of how the media is handling this swine flu. He did a great job of showing how the media is blowing this way out of proportion and basically fear mongering, just as Port is with this thread (shock me).

What ever happened to the talking snakes that used to roam the Earth?

Lol Great minds think alike.

Don't want to get into a huge religious debate here, but I've always wondered how religious people can explain this: Dinosaur bones from thousands/millions of years ago?

The media always finds a way to rationally explain moves in the market. Profit taking is often the excuse used for a sell off on no news. That being said, news absolutely DOES matter. Remember the huge sell offs in the past 6 months? Not due to price, averages or trends but due to NEWS...

I personally don't think the airlines will be affected at all.

What is your definition of long term? Forever until it goes under $10? 1 year? 5 years? 6 months?

Good point about the free market. I think Ford would be creating a big stink about it's two domestic competitors receiving government funds to stay alive if they were certain they wouldn't need those same funds in the future. Is it possible that Ford could actually suffer because they...

I agree the stress tests are MOSTLY already in stock prices. I say mostly because there is always that chance the report could show some negativity. I expect prices to rise on the banks but not by a large amount following this information.

Let's hear some opinions on where Ford might be positioned 1 year from now. It's clear Ford is in trouble as all of the auto makers are but clearly not as big of trouble as GM and Chrysler. I'm sure there are people out there with good insight into the auto industry so let's hear some...

I read a report from a thread yesterday about how Russia is no longer releasing unemployment numbers or only releasing them quarterly now or something along those lines. I don't think Russia will greatly improve their economy any time soon. Definitely not as much as China.

NO idea where you got your numbers... I live in Canada and 90% is a joke. Here are the real numbers, straight from the CRA website: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html Federal: 15% on the first $38,832 of taxable income, + 22% on the next $38,832 of taxable income (on...

Hilarious post.

What if "until it doesn't" doesn't come for 5 years? 3 years? 6 months? You will have missed out on the gains in the meantime. You are probably correct on my prematureness of the charging ahead call :) but it's been a good month so forgive me for being a little overexcited. I just...

Reckless lending caused meltdown. So government encourages more lending to fight meltdown...? Government and banks say lending is up. Reports come out stating exact opposite........? Confused anyone?

Very suspicious indeed. Has anyone ever given a logical reason as to why they stopped reporting?

+1 Ego for sure. Facebook will be obsolete soon enough, superceded by the next fad.

I even heard reports and rumours that Obama himself was the killer...