Here at Napatanpics, we are expecting no more than (on the inside of)9.2 months from end
of recession to unemployment peak .. & the beginning of funds rate tightening cycle(not realised) ...
about 11.2 months. Hence IF, the recession ended say June-July-09 interval, applying the above
9.2 & 11.2 gives...
We shall see, what is realised....& only then, like the naysayers ...defer to reality!
– 25 mins ago
WASHINGTON (Reuters) – The recession ended in June 2009, making it the longest downturn since the Great Depression of the 1930s, the National Bureau of Economic Research said on Monday.
The NBER, considered the arbiter of U.S. recessions, said it chose that month based on examination of data including gross domestic product, employment and personal income.
posted Jan 9, 2010 5:47AM [ updated Feb 14, 2010 2:07 AM ]
1) All quiet on the "short" front...thus far....10,727.63 by Tues Jan 19th on $DJI, some 3 days later,
a -554.65 walk to close the Fri at 10,172.98. Still well above big 10, anvabsurdity(even in thought, to some)
say July-09. We have seen the ground move, & continue to do so around the Caribbean ...
Cayman,Venezuela,Costa Rica, Bolivia....etc have reported quakes ranging from 3.xx - 6.00+ since Haiti
was RAZED/LEVEL to the ground on Jan 12, Monsieur Poisson(random variable) registering values above the
expected. Up to some 15 days later the French have pulled a survivor from the ruins.
Add market jitter, short-miscreants, even jihadist(s) have joined the fray. One cannot help but recall last
yr Jan(speculation then), with the latest move in the mkts ...., we hear reports like...
a) "...as go Jan so goes the year(forget about Jan-09)..." &
b) "...last chance to sell at quintuple digits on Dow..." uttered Jan 26.
The month close 10,067.33 ;
2) Feb 4, $DJI 9,998.03 the ytd low on $DJI , Big 10 prints again amidst scare-mongering, thin veil,
The Greeks, scapegoated. The fearmongers/miscreants did not get much out of Dubai, 2 months ago.
At this point we thank the Greeks for giving us the term Aethiops, Mantano, Tamantano....
we thank them for Socrates(killed for foreign ideas)...to Thales of Miletus...& so many others.
If it were not for them, many ideas would have been lost, some born thousands of years ...before
the Greeks themselves. By whatever route it arrived(here), that's another debate.
At Napatanpics, we are not counting out the Greeks , or Europe for that matter...
Fri, Feb-5th yr low, thus far 9,835.08, week close 10,012.23.
Fri Feb 12, 4pm another wk, closed 10,100.01, settled 10,099.14
Yr to date; the (max)high/(min)low thus far... yields yr to date expect ...
10,281.35:= min + .5(max - min); current.
No hopes for a nontrivial intersection with 1b)
Napatanpics, maintaining the(unbiased yet raised, subscription-free)standard...
spincon, when the (present)Kings of the earth, put this together, no being on earth will be out of water, electricity, a house/home, food, job....the ancestors will dance a jig with glee & say
Here at Napatanpics, we are expecting no more than (on the inside of)9.2 months from
end of recession to unemployment peak .. & the beginning of funds rate tightening cycle ...
about 11.2 months.
Hence IF, the recession ended say June-July-09 interval, applying the
above 9.2 & 11.2 gives...
We shall see, what is realised....& only then, like the above ...defer to reality!
There is ah..., some people/folks who feel ...
they wanna attack us(on the financial/eco front),
they feel ...they can take a shot here, there,... a low blow from no where,