Search results

True, the underlying weakness in the economy hasn't changed for the better, if anything it is weaker now than it was Dec 08. What changed was the market's hope for a recovery as early as late 2009 early 2010. That hope will soon be dashed. Perception may be about to meet reality once again.

From decreasing freight volumes on the nation's railways, to worsening outlooks from leading coal miners, indications are mounting that the second quarter could be even uglier than the first. http://www.fool.com/investing/general/2009/04/27/when-blazing-furnaces-go-stone-cold.aspx

With this news and the push by the FDIC today I was wondering the same thing, could it be that a moment of truth is approaching?

This reason for the discrepancy between the deaths in Mexico and the US is likely due to the conservative way in which bacterial infections are treated outside the US. This flu bug seems to create conditions for a super bacterial (yes I know the flu is viral) infection that attacks the lung and...

All I can tell you is there will be a great deal of government debt issued next week. Draw your own conclusion.

Stress test not intended to be "Worse-case" scenario (DJ) LOL

Oh those poor bastards that had tight stops!

Can FAS close the gap to 9.35, can the buy stops above 875 get taken out? Fed says, Yes they can!

Yep, probably take out the buy stops above 875 so some big longs can take their profits without too much slippage.

Looks like we are about to be served up another whopper of a lie with these stress test results and we won't even be able to question the spin until at least May 4th. Fully hedged my shorts with FAS.

You are seriously misinformed. Even the smallest anti war protest I went to, and I went to a few, was bigger than any of the tea party events this past weekend. Oct 2002 On October 26, protests took place in various cities across the world. Over 100,000 people took part in a protest in...

Lol Looks that way some days :)

This is a great example of how the rest of the world is lagging the US in this cycle and why earnings projections for the rest of the year and 2010 are too high. They don't take in to account that the rest of the world is going to be in a much worse shape than expected and will not be a driver...

Global real GDP growth likely to contract in 2009: •IMF (April WEO) expects global economic activity to contract by 1.3% in 2009 (1.8ppt lower than the 0.5% growth they expected in January) before staging a modest recovery (+1.9%) in 2010. Advanced economies are forecast to contract by...

http://www.fieldcheckgroup.com/blog/ Thursday, April 23rd, 2009 | By Mr. Mortgage March New Loan Default Summary * Total CA Foreclosures — At 1.5 Year Lows * Total CA new Defaults – Surging * Subprime -- Declining * Alt-A — Constantly Rising * Pay Option...

Yes I agree, and he is likely right given his background at the IMF. His blog is a great read. While Soros has since downplayed this theory of his it certainly seems to fit the current times. http://www.geocities.com/ecocorner/intelarea/gs1.html...

Actually many American's cared a great deal but the President, congress, and the media chose not to listen to our voices of vehement protest. Seems like it is happening all over again (Obama wasn't even aware of the teaparties, the media barely reported on them and what they did report was...

Right, so lying about the real state of the economy is the way to go right (worked great in Iraq!) ? Sucker Mom and Pop back in to the market to be the bag holders once again so they can see their 201K get reduced to 101K. Adults deal with reality face on good or bad, if you can't take it tune...

The more this stuff is kicked down the road the worse the end will be. http://www.bloomberg.com/apps/news?pid=20601039&sid=aColIYAe.RaU&refer=home All these subsidies are akin to creating a dam, when the weight of toxic assets (which continue to rise with each passing month and each...

Since when is there any accountability for the big shots in politics and finance? I'm not holding my breath.