darkpool's Comments darkpool's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/264292/comments At one TD Bank in downtown Manhattan, greeters are emptying the branch's coin-counting machines, known as Penny Arcades, 30 times a day as people break open their piggy banks to pay the rent. http://seekingalpha.com/news/market_currents/post/35021?source=feed#comment-731143 731143 Mon, 26 Oct 2009 15:10:48 -0400 A depressing report suggests that even if adding two million jobs a year, it will take seven years to restore employment to pre-recession levels. http://seekingalpha.com/news/market_currents/post/33405?source=feed#comment-697985 697985

On Sep 30 04:07 PM Stone Fox Capital wrote:

> Depressing if you don't have a job, but for the market its neutral
> or bullish. Thats alot of slack in the economy that will allow for
> an extended period of low interest rates.]]> Wed, 30 Sep 2009 23:10:28 -0400

On Sep 30 04:07 PM Stone Fox Capital wrote:

> Depressing if you don't have a job, but for the market its neutral
> or bullish. Thats alot of slack in the economy that will allow for
> an extended period of low interest rates.]]> Following its imposition of steel pipe tariffs on China - and with the G-20 meeting in Pittsburgh nearing - the U.S. levies 35% tariffs on Chinese tires after a flood of imports. China looks like it may retaliate, but it's not always easy to tell. (previously) http://seekingalpha.com/news/market_currents/post/32369?source=feed#comment-673840 673840 Sat, 12 Sep 2009 17:41:22 -0400 The idea that deflation is bad for us is a lemon - and too many of us bought it, says Bloomberg's Matthew Lynn. It might be just what heavily indebted economies need right now. http://seekingalpha.com/news/market_currents/post/30786?source=feed#comment-635285 635285 Tue, 18 Aug 2009 15:47:00 -0400 Elliott Wave's Robert Prechter on the dollar: "If these markets continue to be contra-cyclical, as I think they will be, you're going to see a rising dollar for quite a period of time." (video, 6:36) http://seekingalpha.com/news/market_currents/post/30725?source=feed#comment-633877 633877 Mon, 17 Aug 2009 18:46:21 -0400 Paul Krugman says we have averted a second Great Depression, and why? The different role played by government. "Ronald Reagan was wrong: Sometimes the private sector is the problem, and government is the solution." http://seekingalpha.com/news/market_currents/post/30209?source=feed#comment-623459 623459 Mon, 10 Aug 2009 12:33:53 -0400 If the alarming decline in presidental approval ratings is a proxy for consumer and business confidence, things may not stay up too much longer, James Kostohryz writes. "All of this signals future political polarization, gridlock, and a souring social mood. Most importantly, it's signaling an erosion of confidence in the government’s ability to lead the nation out of its current economic crisis." http://seekingalpha.com/news/market_currents/post/29115?source=feed#comment-605950 605950 Tue, 28 Jul 2009 20:49:26 -0400 IBD: Something smells at GM, and it's not just their new Cadillac men's fragrance (Yes, it's for real. Toronto Star: "Eau De Bailout"). GM's sales and share are crashing, but some strong assets just underscore why it should have undergone a normal bankruptcy, not a politically rigged one. http://seekingalpha.com/news/market_currents/post/28831?source=feed#comment-601073 601073 Fri, 24 Jul 2009 12:49:57 -0400 With Boone Pickens' 'windmill in every backyard' (except his) plan on the backburner, Ray Harvey makes an awesome case against Pickens' calls for massive subsidization of the wind-power industry, and explains why the public "hasn't even begun to grasp nuclear energy." http://seekingalpha.com/news/market_currents/post/27553?source=feed#comment-579770 579770 Wed, 08 Jul 2009 20:24:51 -0400 China won't torpedo the economy by dumping our bonds: "To see China's holdings as a threat is to misjudge the goals of the Chinese government. China believes that its affluence is best guaranteed by economic interdependence with the world's most dynamic economy." http://seekingalpha.com/news/market_currents/post/25070?source=feed#comment-522223 522223 Thu, 28 May 2009 21:44:40 -0400 Burned by Obama, fund managers grow wary: "The sad thing is it impacts the manufacturing sector and the companies that have legacy liabilities directly. It will be nearly impossible, or much more expensive, to get secured financing." http://seekingalpha.com/news/market_currents/post/24641?source=feed#comment-512298 512298 Wed, 20 May 2009 23:47:41 -0400 No shortage of handwringing over the implications of a government-owned auto industry. But Paul Ingrassia's more worried about its new partner, the UAW: "There's an inherent conflict between the cost discipline required of owners and the understandable desire of employees to make more money for less work." http://seekingalpha.com/news/market_currents/post/23234?source=feed#comment-485932 485932 Fri, 01 May 2009 14:25:58 -0400 After telling NY AG Andrew Cuomo that Fed chief Ben Bernanke instructed him to threaten Bank of America (BAC) CEO with his job if he reneged on the Merrill merger, Henry Paulson recants, saying he acted on his own. Or not. http://seekingalpha.com/news/market_currents/post/22548?source=feed#comment-475771 475771 Fri, 24 Apr 2009 11:15:07 -0400 Americans are surpisingly optimistic, polls show: An AP/GFk survey (.pdf) finds that for the first time in four years, most Americans think we're headed in the right direction. Gallup says consumer sentiment continues to improve. And Pew finds 60% think Obama's got his head around the economy. http://seekingalpha.com/news/market_currents/post/22501?source=feed#comment-475064 475064 Thu, 23 Apr 2009 20:09:50 -0400 It wasn't the big lenders that forced General Growth Properties (GGP) into bankruptcy court; it was the small fry that couldn't be placated. "Its capitulation is a warning sign for tens of thousands of owners of office buildings, shopping centers, hotels and other commercial property." http://seekingalpha.com/news/market_currents/post/21952?source=feed#comment-466745 466745 Fri, 17 Apr 2009 12:27:57 -0400 Stunned by the interview of AIG's financial products unit head, and noting that AIG (AIG) refused to sign on to new financial products industry standards known as the "Big Bang," David Weidner says they deserve the pain: The picture emerging from AIG's financial products group is one of a cavalier unit full of greedy executives. http://seekingalpha.com/news/market_currents/post/21664?source=feed#comment-461976 461976
]]> Mon, 13 Apr 2009 16:35:50 -0400
]]> "The unpalatable reality that very few, self interested industry participants are prepared to admit is that much of what passed for financial innovation was specifically designed to conceal risk, obfuscate investors and reduce transparency. The process was entirely deliberate." http://seekingalpha.com/news/market_currents/post/21602?source=feed#comment-461627 461627 Mon, 13 Apr 2009 12:26:22 -0400 Suckers' rally: "It is unwise and foolish to treat this bear market like any other in the post-WWII period because it is totally unique; the scope and depth of the ongoing destruction of consumer and business credit, bank balance sheet compression and insolvency, consumer retrenchment and soaring unemployment should not be underestimated." http://seekingalpha.com/news/market_currents/post/21563?source=feed#comment-458346 458346

"I don't understand why its a sucker rally. Maybe it is a bear market rally but whats so complicated about riding it up but keeping tight " sell on stop orders"? Why sit on a 6% annual return on a bond when you can make 20% in a month long rally, protect the down side, and take the rest of the year off?"]]> Thu, 09 Apr 2009 22:49:47 -0400

"I don't understand why its a sucker rally. Maybe it is a bear market rally but whats so complicated about riding it up but keeping tight " sell on stop orders"? Why sit on a 6% annual return on a bond when you can make 20% in a month long rally, protect the down side, and take the rest of the year off?"]]> Amid slumping auto sales, Nissan (NSANY) gets ready to start selling the "Cube," a cube-shaped, cheap, smallish car targeted to young drivers. Oh, and Nissan is calling it a 'mobile device,' not a car. Right. http://seekingalpha.com/news/market_currents/post/21278?source=feed#comment-453870 453870 Mon, 06 Apr 2009 15:40:31 -0400 "In this environment, when you own a company (JAVA) that barely has a reason to exist, outside of a programming language (Javascript), you probably shouldn’t f&%@ around when you have a bid from IBM (IBM) on the table." - the reformed broker http://seekingalpha.com/news/market_currents/post/21319?source=feed#comment-453609 453609 Mon, 06 Apr 2009 13:17:42 -0400 Mike Shedlock sees no reason house prices won't fall back to 2001 or even 2000 levels (right now they're late-2003), and wonders, "how many are prepared for it, if indeed that were to happen?" http://seekingalpha.com/news/market_currents/post/21241?source=feed#comment-452558 452558 Sun, 05 Apr 2009 15:11:40 -0400 China's call for some magical solution to the problem of its huge dollar reserve suggests a bigger problem, Paul Krugman writes: Its leaders have yet to come to grips with the fact that the rules of the game have changed in a fundamental way. http://seekingalpha.com/news/market_currents/post/21218?source=feed#comment-451170 451170
]]> Fri, 03 Apr 2009 15:38:10 -0400
]]> "China’s idea of dumping the dollar as the world’s reserve currency has about as much appeal in today’s globalized economy as Esperanto. It might be a good idea, but nobody’s ready to buy it." (Celestine Bohlen) http://seekingalpha.com/news/market_currents/post/21001?source=feed#comment-447105 447105 Tue, 31 Mar 2009 17:50:26 -0400 GM's (GM) ex-CEO Rick Wagoner is a scapegoat, Ed Wallace says. "In reality, Detroit is actually one of the victims of the financial mess. Terminating Wagoner... makes exactly as much sense as shooting the witness to a murder and saying the crime has been avenged." http://seekingalpha.com/news/market_currents/post/20967?source=feed#comment-446775 446775 Tue, 31 Mar 2009 13:52:11 -0400 U.S. automakers can be saved, Jerry Flint says, noting with admiration Carlos Ghosn's turnaround at Nissan (NSANY). But it's not the government's billions that will do the trick - and all the recovery plans are meaningless, he says. What do they need? Innovative leadership. http://seekingalpha.com/news/market_currents/post/20958?source=feed#comment-446417 446417 Tue, 31 Mar 2009 10:38:50 -0400 America's Real Wealth http://seekingalpha.com/article/98511-america-s-real-wealth?source=feed#comment-274426 274426
btw.....1)to the blah blah blah political classes, please get out of the way
2) if we really want to mess with finding a speedy solution to the current problems, we will elect Democrats to all levels of government
3) I recall reading in Greenspan's memoirs how he marveled at the flexibility of the US economy......was he that Machiavellian to assume that innate flexibility would come to the rescue of his own errors! ]]> Mon, 06 Oct 2008 01:15:29 -0400
btw.....1)to the blah blah blah political classes, please get out of the way
2) if we really want to mess with finding a speedy solution to the current problems, we will elect Democrats to all levels of government
3) I recall reading in Greenspan's memoirs how he marveled at the flexibility of the US economy......was he that Machiavellian to assume that innate flexibility would come to the rescue of his own errors! ]]> The Real Risks of Deleveraging http://seekingalpha.com/article/95764-the-real-risks-of-deleveraging?source=feed#comment-256952 256952 Wed, 17 Sep 2008 10:36:57 -0400