All true and good, but the markets are now driven by news - Tiny Tim and crew can move mountains by opening their mouths. Markets are still driven by fear - fear of government intervention.
Now we have a clearer picture of Obama's solutions it looks like another free fall from here onwards. Any bullish moves has been very weak.
Unemployment (and reemployment) rates is probably the key as consumer confidence will lift turnover, margins and profits. Unless you can see a relatively prosperous future then you will not spend.
Will Obama's Solution Finally Save the Banking Sector? [View article]
Jake, its been well known that US live on credit. Now this has changed and 3% savings is stats. Unfortunately, consumption is the only way out as no consumers no new business. Hence, debts will not be paid and assets will decrease even further as no will make purchases. Agree its a total suckers game.
Should we take the hit for current losses there may no children left, i.e. no one can afford to have or want to have children. The numbers given out are in trillions, I suspect the we will be paying for losses for very very long time.
Wall Street Breakfast: Must-Know News [View article]
Why worry about employee retention? Are many places to leave for? Be happy if you have job. Why does the banks need the best people? Its back to basic of lending money and taking interest payments.
I tend to agree the bounce has occurred. PE Obama has said in his speeches that it may take 2 terms of office to solve the crisis, so hope for too much too soon as he paints a not so pretty picture.
Global Markets in Review: Cheer or Jeer? [View article]
Here lies the real problem "resumption" of sustainable economic growth (SEG) assumes SEG was there in the first place, given the events in 2008 SEG has been missing for a long time.
Has the Housing Price Bubble Deflated? [View article]
More like lowering mortgage rates to spur risk taking! With a bleak outlook who will venture into real estate? People with money are waiting for lower prices and people with uncertainty wouldn't take a chance.
Great summary, yes, i don't understand the bottom calls or ignorance of the bad news. Obama election has given the markets some sense of optimism but even he admits it may take more then one term of office to over the current difficulties. Given your summary more weakness is expected, even an oil price war may breakout as countries try to sell as many barrels as possible. Banks and balance sheets will never be the same.
The One-Word Topic of the Day, and Week: Obama [View article]
Car makers should be nationalized or at least senior management replaced should the government bail them out. Otherwise it would be throwing good money after bad as like the TARP.
Obama's doesn't have a magical potion up his sleeves - it may take more then 1 term of office to get out of the current mess! Then the next mess will probably spring up given US's printing presses are working 24 by 7.
Does Obama have the strength and the will to capitalize on his popularity by implementing hard medicine, instead of giving out sweats.
Seeking the Fix That Will Finally Work [View article]
a solution may be for Bush to step down today and hold a snap election, which Obama will win since no one wants more of relatively same policies...but with only 3 weeks...
Options Trader: Thursday Outlook [View article]
On Apr 02 10:40 AM HBWOW wrote:
> Avoid facts and logic, the real word for the market is MASSIVE<br/>MANI...
This Rally May Have Legs - Bespoke [View article]
Still Waiting for the Bottom [View article]
Unemployment (and reemployment) rates is probably the key as consumer confidence will lift turnover, margins and profits. Unless you can see a relatively prosperous future then you will not spend.
Will Obama's Solution Finally Save the Banking Sector? [View article]
Should we take the hit for current losses there may no children left, i.e. no one can afford to have or want to have children. The numbers given out are in trillions, I suspect the we will be paying for losses for very very long time.
Wall Street Breakfast: Must-Know News [View article]
Will There Be an Obama Bounce? [View article]
Week in Review: Market Uptrend Broken, Will We Return to November Lows? [View article]
Global Markets in Review: Cheer or Jeer? [View article]
Those Illusory Stimulus Packages [View article]
Has the Housing Price Bubble Deflated? [View article]
Has a Market Reversal Happened? [View article]
The One-Word Topic of the Day, and Week: Obama [View article]
Obama's doesn't have a magical potion up his sleeves - it may take more then 1 term of office to get out of the current mess! Then the next mess will probably spring up given US's printing presses are working 24 by 7.
Does Obama have the strength and the will to capitalize on his popularity by implementing hard medicine, instead of giving out sweats.
The Day After: Is the Honeymoon Already Over? [View article]
Wall Street Breakfast: Must-Know News [View article]
Seeking the Fix That Will Finally Work [View article]