forget the Great Depression and the Great Recession, more convinced now than ever given the recent market behavior. Seasonally Adjusted, Non-GAAP adjusted, Currency Conversion, Special Charges, massive debt, ...the excuses are endless, the the end result is undeniable...it will end ugly. Ironic that the equities performing "well" have so little to do with the "fate" of mankind...actually, they're the blight that threatens humanity...could we live without Social Media and Fast Food...all the equities that matter are in the tank...the commodity glut is only going to get worse...go for it, buy FB, TWTR, YELP and a host of other totally worthless entities that will ultimately.....glta, sorry to vent
she has yet to make a critical monetary decision...even "transitory' and "patience" have limits....think of her as a cow in the headlights wearing sunglasses...
Freeport-McMoRan, Anglo American, Apache Oil....just the beginning of the biggest meltdown in history...mass layoffs have started, outpacing 2008 even, massive junk debt in the hundreds of millions...you're dreaming if you think CMG and AMZN will save our Markets....even POTUS is in La La Land talking about LGBT rights in 3rd world countries....prepare for "back to reality" this week imho
just ten days after a landslide referendum the voice of the people was blatantly ignored. We witnessed the beginning of the end for democracy. You may think it's a good day for the markets, but ten years from now when the government seizes your assets for the greater good you make think different. Suspect the Greeks with the resources will flee their homeland now, and those without the resources will resort to civil unrest. Either way, Greece lost big tonight, and A Depression is assured with a government in Chaos....don't be surprised to watch the EU back out of the bailout on the heels of the IMF opinion. sorry had to vent...glta
1.7 Trillion in goods just waiting to be sold....didn't see it coming 2, the sequel...produced by Ben Bernanke, directed by Janet Yellen, and starting Barack, the 'rock' Obama....Greece me !
"any guy that can build a mile long tunnel out of a maximum security prison in a year could work wonders in repairing America's infrastructure".....so it begins, plus he gets the immigrant vote...
at least we don't have to worry about exporting it...what's made in American, stays in America
over 14 Trillion as TWX needs another 2.1 Billion to entertain us and pay management 40 Million a year....seriously, where does this type of money appear from everyday?
lot of Incredible Changes since the financial crisis....yesterday's currency manipulation and corruption as the Big Banks plead guilty to Criminal Charges and pay Billions more in fines and everything is indeed fine....Bankers pay a fine and Bikers do hard time...unreal