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Posted

thanks. amazed that stocks haven't got creamed the last 2 days. something smells bad for this perma rally.

 

That bad a number means the Fed will maintain their current monetary policies, which the stock markets love.

 

The markets will get crushed when the economy improves.

Posted

All this growth around here has got me giddy.

It should. It's the...

 

 

 

SUMMERYOFRECOVERYFIVE or, SORV for short. Enjoy it while it lasts - which will be until next June when it'll be the SORVI!

Posted

It sucks but I think we have to wait for Q2 numbers to see where we are at YTD. Q2 could be a big positive and could cancel the poor Q1 numbers. Of course we then have to wait for the Q2 revision.

Posted

That bad a number means the Fed will maintain their current monetary policies, which the stock markets love.

when the economy improves.

When does that happen exactly? Been waiting patiently for 6 years.

Posted

 

Markets absolutely will correct. They always do.

Ya, so? You know for certain that an improving economy will crush the market? I understand raising interest rates will make bonds more attractive and all but a growing economy, higher profits can lead investors into the market as well. A correction can happen for many reasons, or just because of the madness of the crowd, but no one knows exactly when or why a correction will occurred. Do you think stocks are over valued right now? I don't
Posted

Anything further I could say on the matter is proprietary.

 

 

Oh, are future events trade marked? Or will your mom just take away your crystal ball if you go blabbing about what you see?

Posted
Oh, are future events trade marked? Or will your mom just take away your crystal ball if you go blabbing about what you see?

My analysis is proprietary due the terms of my contract.

Posted

 

 

Disappearing: AP Knocks Down Expected Second-Quarter Growth to an Annualized 2.5 Percent

 

 

 

Slowly but surely, the confident assurances of a fantabulous second quarter for the U.S. economy — one which is supposed to make the serious first-quarter contraction reported on Wednesday a distant memory — are crumbling.

 

Yesterday at the Associated Press, Martin Crutsinger, who just a couple of weeks ago had been relaying confident second-quarter predictions of annualized 3.5 percent and even 4 percent growth, quoted a still-optimistic economist who, in Crutsinger's words, "said strength in other areas (besides yesterday's weak consumer spending report — Ed.) should still lift economic growth to around a 3 percent annual rate in the current quarter."

 

Today, in covering the University of Michigan's consumer confidence report, Christopher Rugaber, Crutsinger's dynamic duo buddy at the AP, brought the growth figure down to a level which won't even offset the dreadful first quarter:

 

Posted

When there is recovery for a quarter, the left cheers.

 

When there isn't recovery for a quarter, the right cheers.

 

It's nice that half of the country is happy regardless of what happens :)

 

(The above will be reversed if a Republican wins the next Presidency)

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