RJMoran

Why Merrill Lynch Is Bullish on 2010: Foreseeing a Burst of the Pessimism Bubble

... I want some of whatever the author is smoking!

What Unemployment Numbers Can We Expect?

The 'average work week' is down to it's lowest level ever at 33 hours. I know from experience that many people just give up looking for work and couldn't therefore be counted in any unemployment numbers. I wouldn't be surprised to find an accurate unemployment count to be closer to 20% than 10%. Who are we kidding!?

Americans Are Saving Like There's No Tomorrow

I only spend money on food! No restaurants, movies, extraneous driving,NO shopping of any kind, only food and basic bills... I'm sure I'm not the only one living this way!

Ambrose Evans-Pritchard, Are We Really Nearing a Bottom?

GOOD GRIEF! Did he really type all that?! Edit man, edit! Me thinks you need to get off the farm and get out a bit more! Was there a point to all that?

A Most Dangerous Inflection Point

...The 'inflection point' here is whether the burgeoning middle class that was created after the Second World War was a historical anomaly or whether, going forward into the 21st Century, America can sustain a financially healthy, stable middle class?! We'll certainly get our answer soon...!

Panic-Crash Sentiment Causing Market Volatility

...I agree! I DON'T see any other way forward than to vaporize the derivatives globally and start over. If anyone has a better understanding of it, we'd all appreciate hearing it! 'Invest-in-a-farm' about said it though I'm not sure WHAT will move Paulson & Co out from their 'deer in the headlights' stance...I really think they have their collective eye on the Exit and are just waiting out the clock till the new administration comes in. As bright as Obama is, I sincerely don't think they have a clear conceptual clue of what's currently underway. Let's hope we don't all choke on the 'settling dust'...