Well from a macro standpoint, things suck and the market is a giant FED bubble because of 0% interest rates!
Just a glance at the sh*t on the stick: - Europe in a depression and nothing ever done about their debt crisis - Syria, Egypt, Iraq, Iran, Palestine, all unstable! - 25 million still unemployed in the U.S. and growing - 11 million plus homes still in the foreclosure pipeline - 30 million plus homes underwater and cannot refinance - Small businesses still limping along - Obamacare keeping small business from hiring full time people - U.S. in spending spiral about to crash
Something is gonna hit that big old fan sooner rather than later
Wall Street Breakfast: Must-Know News [View article]
Here's all you gotta know. Buy GS, they know how to trade and make you a buck!!
The government is controlling the mortgage market, housing market, foreclosure market and stock market and bond market. Watch out when they lose control!
Wall Street Breakfast: Must-Know News [View article]
What more do you need to know this morning:
-Recession hitting Germany. -Nothing being done about Euro Debt. -US never left recession -Nothing being done about U.S. Debt -Small companies cutting full time employees to part time so they don't have to pay Obama Care. -Part time employees are going to have to pay Obama Care
Thanks government for more stupid regulation/healthcare/... and taking more money out of the pockets of the middle class to assure we go back into a deeper recession lead by less consumer spending and the second crash of the housing market.
The Treasury Bull Market Is Over; Inflation Will Take Center Stage [View article]
And the $64k question is - what level of inflation will we experience??
We all know it's gonna happen. It's been growing at about 3%/year the last 4 years but what does $25 trillion of debt do to the outburst of inflation when it happens - 30%, 40%?? It's gotta be greater than Jimmy Carter inflation when he had virtually no debt!!
Wall Street Breakfast: Must-Know News [View article]
Your so right James, but Obama wins either way. Taxes will go up on all and he gets more money and spending cuts which he will "BLAME ALL" on the republicans.
This is actually his best option and what is best for the country if we want to start reducing our debt!
Your right on Seth, you think there was a housing bubble, credit bubble and market bubble before they printed trillions to make it all look good again!
What happens when we shut off the presses and the banks have to unload the foreclosures and the money comes out of the market.
Does Ben Bernanke dream about charging 2 and 20? The Fed will earn about $90B in profits in 2012, estimates Stone & McCarthy, the vast majority of which will be sent to the Treasury. The profits come from the spread between the yield on bank's vast and growing hoard of securities and the IOER. Rising rates could cause losses at some point, but the Fed can just suspend payments to the Treasury when necessary. [View news story]
Whatever this idiot report and reporter is saying is bullshit!
What about the billions lost? Do they only tell us about the one gain?
What % gain is this with the TOTAL invested and how about they itemize all the losses with GM/Solyndra and all the greenies/FHA/FANNIE/FR...
Oh I know, these don't show up on any balance sheet for the Fed, treasury or Obama!
Dow 14,000: Are You The Sucker? [View article]
Just a glance at the sh*t on the stick:
- Europe in a depression and nothing ever done about their debt crisis
- Syria, Egypt, Iraq, Iran, Palestine, all unstable!
- 25 million still unemployed in the U.S. and growing
- 11 million plus homes still in the foreclosure pipeline
- 30 million plus homes underwater and cannot refinance
- Small businesses still limping along
- Obamacare keeping small business from hiring full time people
- U.S. in spending spiral about to crash
Something is gonna hit that big old fan sooner rather than later
Wall Street Breakfast: Must-Know News [View article]
The government is controlling the mortgage market, housing market, foreclosure market and stock market and bond market. Watch out when they lose control!
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
-Recession hitting Germany.
-Nothing being done about Euro Debt.
-US never left recession
-Nothing being done about U.S. Debt
-Small companies cutting full time employees to part time so they don't have to pay Obama Care.
-Part time employees are going to have to pay Obama Care
Thanks government for more stupid regulation/healthcare/... and taking more money out of the pockets of the middle class to assure we go back into a deeper recession lead by less consumer spending and the second crash of the housing market.
Don't Believe The Hype In Gold [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Now that the banks are healthier, they can give back some of the bad loans so we don't scream so loud.
Our free market system is gone, we have no financial transparency and our government is out of spending control. What a great combination!
The Treasury Bull Market Is Over; Inflation Will Take Center Stage [View article]
We all know it's gonna happen. It's been growing at about 3%/year the last 4 years but what does $25 trillion of debt do to the outburst of inflation when it happens - 30%, 40%?? It's gotta be greater than Jimmy Carter inflation when he had virtually no debt!!
The Great Recession Is Over: Time To Back Up The Truck [View article]
The country is screwed, the market is crazy and I'll take whatever it wants to give up or down!
Wall Street Breakfast: Must-Know News [View article]
Our government just got out the shovels to bury our country, thank you Washington for bankrupting MY COUNTRY with $24 trillion of debt!
Literally folks, this is a totally out of control situation and Washington is going to turn us into a third world country.
Wall Street Breakfast: Must-Know News [View article]
Raise taxes on business and the wealthy and there goes growth and unemployment.
Off the cliff and the middle class pays $4,500 + more with taxes and Obamacare - there goes growth and unemployment.
No cuts in spending and print more money - there goes deflation or inflation, who knows anymore?
Cuts in spending and there go another 500,000 jobs.
Who else but Washington could create something this screwed up?
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
This is actually his best option and what is best for the country if we want to start reducing our debt!
Nov. New Home Sales: 377K vs. 375K expected, 368K prior. [View news story]
What happens when we shut off the presses and the banks have to unload the foreclosures and the money comes out of the market.
Does Ben Bernanke dream about charging 2 and 20? The Fed will earn about $90B in profits in 2012, estimates Stone & McCarthy, the vast majority of which will be sent to the Treasury. The profits come from the spread between the yield on bank's vast and growing hoard of securities and the IOER. Rising rates could cause losses at some point, but the Fed can just suspend payments to the Treasury when necessary. [View news story]
What about the billions lost? Do they only tell us about the one gain?
What % gain is this with the TOTAL invested and how about they itemize all the losses with GM/Solyndra and all the greenies/FHA/FANNIE/FR...
Oh I know, these don't show up on any balance sheet for the Fed, treasury or Obama!