Market has gone down nearly 20% from May peak so far, there's two major opinions now:
Opinion one: S%26amp;P 500 will rebound to the neckline of 1260 and then would go down further, we're heading into a long long bear market, possibly testing the 2009 lows. - In this case we should reduce our equities and move to safer places when the market rebound to 1260 level;
Opinion Two: This is still a bull market correction, market is close to the bottom, we should buy more at this time.
This is really important for us how to handle the equities in our hands. I think the key factors for this question are:
1) Would Fed roll out QE3 in Jackson Hole meeting?
2) Would european sovereign debt crisis continue to get worse and worse and finally uncontrollable?
What's your opinion or could you share some good opinions you saw?|||Only Retrospect can reveal to us the answers you seek.|||There has been a considerable amount of panic selling. Whether it is over with yet is anybody's guess. I really don't see sovereign debt crisis getting any better. Governments are just too inept (all governments). Don't seem to be able to say no to spending and waste. The one here in the US is the absolute worst. Makes Greece look like Scrooge. I do remember back in 1974 when the average pe ratio was about 4. If that were to reoccur, we have yet a long way to go.|||Early in the year some financial gurus predicted a s%26amp;p at year end of 1346.
We reached that a while back then regressed.
So, I feel we will still end at 1346 or there about.|||You don't have to hit the bottom, you just need to be in the ballpark of it :)|||Although the fall in the Market was based on some hard facts (credit rating downgraded, default threat), the market over reacted and investors sold out of fear. It was caused by panic surrounding financial situations in US and Europe. The threat of default, then the downgrading of America's Credit Rating by Standard %26amp; Poor's from AAA to AA+ had a major negative effect on world markets. The financial situation in Britain may have been a contributing factor in the London and later Liverpool and Manchester riots. In France there were fears that their credit rating could be downgraded from its AAA rating as well. Many of the stock market falls were caused by investors pulling out due to speculation, not hard economical facts, and as a result many shares are now undervalued. It is hard to tell whether the market will go down any further or whether it will go up, however we know for sure that small cap shares and less followed shares are now undervalued and bargains are on offer. As an investor I believe it is a good time to invest in small caps before market correction takes place. Market Correction will come into place within the next 5 days or so.
This week wasn't the end of the World however a market panic, i give you my strong belief that the market is at a low we want see for the next few months as economic recovery brings new business opportunity. I do believe a QE3 will be rolled out or at least an expansion on a QE2, this will be until a concrete path for recovery has been sealed. European sovereign debt crisis will get worse but will be put more into perspective and will be handled by currency correction, expect to see more pacific growth and lending.
Thursday, November 24, 2011
How much longer will people pretend the Federal Reserve is not a scam?
http://www.nytimes.com/2010/07/22/busine…
WASHINGTON — The unemployment rate in the United States is likely to remain well above 7 percent through the end of 2012 and the duration of President Obama’s current term, according to the Federal Reserve.
Federal Reserve chairman Ben S. Bernanke struck a more cautious tone than he did when he last submitted the report, in February.
Ben S. Bernanke, the Fed chairman, told Congress on Wednesday that it would take “a significant amount of time” to restore the 8.5 million jobs lost in the United States in 2008 and 2009, and warned that “the economic outlook remains unusually uncertain.” He also warned that financial conditions, particularly the European sovereign debt crisis, had “become less supportive of economic growth in recent months.”|||The Fed will exist for as long as the government does.
They ARE the government.
They will never be audited and if they ever are, the numbers will be faked
and the tapes will be burned.
WASHINGTON — The unemployment rate in the United States is likely to remain well above 7 percent through the end of 2012 and the duration of President Obama’s current term, according to the Federal Reserve.
Federal Reserve chairman Ben S. Bernanke struck a more cautious tone than he did when he last submitted the report, in February.
Ben S. Bernanke, the Fed chairman, told Congress on Wednesday that it would take “a significant amount of time” to restore the 8.5 million jobs lost in the United States in 2008 and 2009, and warned that “the economic outlook remains unusually uncertain.” He also warned that financial conditions, particularly the European sovereign debt crisis, had “become less supportive of economic growth in recent months.”|||The Fed will exist for as long as the government does.
They ARE the government.
They will never be audited and if they ever are, the numbers will be faked
and the tapes will be burned.
So what could happen if house repubs do not raise the debt ceiling?
By Wanfeng Zhou
NEW YORK, April 18 (Reuters) - A threat by Standard %26amp; Poor's to cut its top rating on U.S. government debt and renewed worries about Europe's debt crisis spurred a sell-off in major world stock markets on Monday.
The weakness started in European markets on fears that Greece will have to restructure its debt possibly as early as the summer. That put the euro on track for its biggest one-day decline in five months against the U.S. dollar.
The sell-off picked up pace later when rating agency Standard %26amp; Poor's revised its outlook on the United States to negative from stable, citing the risk that policymakers would fail to agree on proposals to trim its large budget deficit. See [ID:nN18195555]|||Life as we financially know it ends (plus much more).
A new day begins...And, it won't be pretty...|||Nobody in the government is stupid enough to not raise the debt ceiling. Defaulting even once would cause the value of US bonds to plummet, and could possibly turn the recession into an economic crisis worse than the Great Depression. At the very least, you can count on them to raise it purely out of self-interest.|||some things wouldn't get paid for, but the US would not default on loans. That's just BS. There is such a thing as prioritization, so interest payments to foreign countries would need to be paid first.|||We would have to cut spending drastically which is what we need.|||I guess single black women will have to give up their government paid for designer clothes...
NEW YORK, April 18 (Reuters) - A threat by Standard %26amp; Poor's to cut its top rating on U.S. government debt and renewed worries about Europe's debt crisis spurred a sell-off in major world stock markets on Monday.
The weakness started in European markets on fears that Greece will have to restructure its debt possibly as early as the summer. That put the euro on track for its biggest one-day decline in five months against the U.S. dollar.
The sell-off picked up pace later when rating agency Standard %26amp; Poor's revised its outlook on the United States to negative from stable, citing the risk that policymakers would fail to agree on proposals to trim its large budget deficit. See [ID:nN18195555]|||Life as we financially know it ends (plus much more).
A new day begins...And, it won't be pretty...|||Nobody in the government is stupid enough to not raise the debt ceiling. Defaulting even once would cause the value of US bonds to plummet, and could possibly turn the recession into an economic crisis worse than the Great Depression. At the very least, you can count on them to raise it purely out of self-interest.|||some things wouldn't get paid for, but the US would not default on loans. That's just BS. There is such a thing as prioritization, so interest payments to foreign countries would need to be paid first.|||We would have to cut spending drastically which is what we need.|||I guess single black women will have to give up their government paid for designer clothes...
Would Europe be better or worse today if Hitler won the war?
Would Europe be better or worse today if Hitler won the war?
If Hitler won the war, the following is likely to be the case for Euopre today:
- Europe will now be unified (except Norway %26amp; Sweden)
- Jews will be completely killed/driven out of Europe, and resettled in other countries
- Homosexuals %26amp; mentally retarded will all be sent to institution than let roam freely
- Unions will be abolished
- Blacks %26amp; Muslims will be deported %26amp; strict immigration preventing blacks %26amp; Muslims
- Europe will be majority white and there will be no chance of a minority race forming any influence
- Europe will be predominantly Christian and will be no chance of other religions becoming mainstream
- Europe will be much more stronger militarily
- Europe will have much more global companies
- The UK will become a vassel state, with coloured people and Muslims deported, and Jews executed
- No debt crisis due to political bickering as the European Monetary Fund will now consist of soley one Germany governor than multiple governors represeting different nations|||It would not stop there. If they had won the war, they would have destroyed the united states and if you werent blonde hair blue eyes white skin, you die. So no, the WORLD would be worse if hitler had won|||No, of course not.|||At least there wouldn't be Pakis in Britain !|||Better by far. America would be a better and less depraved place too.
If Hitler won the war, the following is likely to be the case for Euopre today:
- Europe will now be unified (except Norway %26amp; Sweden)
- Jews will be completely killed/driven out of Europe, and resettled in other countries
- Homosexuals %26amp; mentally retarded will all be sent to institution than let roam freely
- Unions will be abolished
- Blacks %26amp; Muslims will be deported %26amp; strict immigration preventing blacks %26amp; Muslims
- Europe will be majority white and there will be no chance of a minority race forming any influence
- Europe will be predominantly Christian and will be no chance of other religions becoming mainstream
- Europe will be much more stronger militarily
- Europe will have much more global companies
- The UK will become a vassel state, with coloured people and Muslims deported, and Jews executed
- No debt crisis due to political bickering as the European Monetary Fund will now consist of soley one Germany governor than multiple governors represeting different nations|||It would not stop there. If they had won the war, they would have destroyed the united states and if you werent blonde hair blue eyes white skin, you die. So no, the WORLD would be worse if hitler had won|||No, of course not.|||At least there wouldn't be Pakis in Britain !|||Better by far. America would be a better and less depraved place too.
Saturday, November 19, 2011
Why do libs think Europe is in a debt crisis?
Is it the TEA Partiers? Is it the banks, who are merely loaning money to countries, lest they have defaulted long ago? Or do they blame Bush? We know they don't blame social entitlement spending, even though European nations have a much larger tax percentage than us. So who do they blame?|||You make an excellent point.
Liberalism is the only connection.|||But the US has a debt crisis; and you don't have a real welfare state. It's a Western problem. The fact that you spend about 10% more of your GDP on healthcare than most Western European countries, and still don't have universal healthcare isn't good.
Don't get me wrong, I love America, but don't compare it to Europe. We are in a completely different situation to you.|||when you try to do social reform and get rid of the nanny state this is what you get people don't want to loose the entitlements|||Bad investments in bundled sub-prime mortgages, which the sellers knew would fail. Blame whoever sold the triple-A rated mortgage backed securities and bet against them (credit default swaps), and you'll be blaming the proper culprit...|||If Bush didn't ask Europe to join the Wars in the middle east, then...... ;D|||A couple of questions just to see if you're a serious person or another idiot talking out of your ***:
Name the country that spends the same percentage of their GDP, about 17%, on social expenditures as the United States? Of course you don't know because the right is illiterate. It's Canada, who has universal health care, with equivalent outcomes to the U.S. system at about half the individual cost of care. They also pay about 8% for prescription drugs as we do and without at $15 trillion dollar government giveaway to pharmaceutical companies like we have with George Bush's Medicare part D.
What's Canada's individual income tax rate? 15% on the first $41.5K, 22% on the next $41.5K, 26% on the next $45.7k, 29% on everything over $128K. provincial taxes run another 6-14%. So not that much different than ours.
How about corporate tax rates? 11% on Canadian controlled, 16.5% on foreign controlled. Less than half our rates, encouraging business instead of exporting it. .
Canadian debt to GDP, 53%. U.S = 96%.
Canadian unemployment, dropping from 8.5% last year to 7.2% this year. US. 9.1 and holding.
They are in great shape compared to us despite equivalent social spending. How can that be? well they have not gotten into two unfunded decade long wars for one thing. They don't spend $140BUSD a year on NATO and only $6.4BUSD on the UN.. They spend 1.14% of GDP on defense, 111th in the world. We spend 3.6% of GDP on defense.
So why do the Canadians get a better deal on social expenditures for the same percentage of GDP and have lower corporate tax rates? Well, they are not protecting Europe from a Soviet threat that no longers exists, or Japan, or Saudi Arabia, or any other country that doesn't have to defend themelves while American tax payers foot the bill, and they aren't subsidizing every company that can afford it's own whore in the Senate..
Liberalism is the only connection.|||But the US has a debt crisis; and you don't have a real welfare state. It's a Western problem. The fact that you spend about 10% more of your GDP on healthcare than most Western European countries, and still don't have universal healthcare isn't good.
Don't get me wrong, I love America, but don't compare it to Europe. We are in a completely different situation to you.|||when you try to do social reform and get rid of the nanny state this is what you get people don't want to loose the entitlements|||Bad investments in bundled sub-prime mortgages, which the sellers knew would fail. Blame whoever sold the triple-A rated mortgage backed securities and bet against them (credit default swaps), and you'll be blaming the proper culprit...|||If Bush didn't ask Europe to join the Wars in the middle east, then...... ;D|||A couple of questions just to see if you're a serious person or another idiot talking out of your ***:
Name the country that spends the same percentage of their GDP, about 17%, on social expenditures as the United States? Of course you don't know because the right is illiterate. It's Canada, who has universal health care, with equivalent outcomes to the U.S. system at about half the individual cost of care. They also pay about 8% for prescription drugs as we do and without at $15 trillion dollar government giveaway to pharmaceutical companies like we have with George Bush's Medicare part D.
What's Canada's individual income tax rate? 15% on the first $41.5K, 22% on the next $41.5K, 26% on the next $45.7k, 29% on everything over $128K. provincial taxes run another 6-14%. So not that much different than ours.
How about corporate tax rates? 11% on Canadian controlled, 16.5% on foreign controlled. Less than half our rates, encouraging business instead of exporting it. .
Canadian debt to GDP, 53%. U.S = 96%.
Canadian unemployment, dropping from 8.5% last year to 7.2% this year. US. 9.1 and holding.
They are in great shape compared to us despite equivalent social spending. How can that be? well they have not gotten into two unfunded decade long wars for one thing. They don't spend $140BUSD a year on NATO and only $6.4BUSD on the UN.. They spend 1.14% of GDP on defense, 111th in the world. We spend 3.6% of GDP on defense.
So why do the Canadians get a better deal on social expenditures for the same percentage of GDP and have lower corporate tax rates? Well, they are not protecting Europe from a Soviet threat that no longers exists, or Japan, or Saudi Arabia, or any other country that doesn't have to defend themelves while American tax payers foot the bill, and they aren't subsidizing every company that can afford it's own whore in the Senate..
Greece debt crisis and affects on geography?
i am writing a paper about Greece and its current debt issues. i already mentioned rioting and protesting,debt,bakruptcy, the euro, unemployment, and the european union. also how they borrowed money from other countries, and how they are unable to repay their debts.
i am out of ideas. i have no idea what to write now. this is for a geogrpahy class by the way. anything geographical info i can add? i am drained on what to write about.|||Unless Greece decides to sell a couple of islands to raise money, the debt crisis has no effect on geography. (I know this is for your geography class, but that's the real answer.)|||Debt crisis in Greece will drag on other nations along with it and would have severe im pact on world economy. Unless there are great changes and reforms, other Europeans nations are not prepare to come to aid the Greeks. As it is now the world economy is in turmoil .Hopefully, the Greek Govt, could come up with compromises to change, they will face difficulties to get the necessary financial assistance from the grouping of European nations..|||Greece could go the way of the Middle East and get invaded by the Taliban or have training camps for Al Quada. Then there might be a UN or USA force going there to help them out. Military and civilian contractors would spread dollars thickly among the locals.
i am out of ideas. i have no idea what to write now. this is for a geogrpahy class by the way. anything geographical info i can add? i am drained on what to write about.|||Unless Greece decides to sell a couple of islands to raise money, the debt crisis has no effect on geography. (I know this is for your geography class, but that's the real answer.)|||Debt crisis in Greece will drag on other nations along with it and would have severe im pact on world economy. Unless there are great changes and reforms, other Europeans nations are not prepare to come to aid the Greeks. As it is now the world economy is in turmoil .Hopefully, the Greek Govt, could come up with compromises to change, they will face difficulties to get the necessary financial assistance from the grouping of European nations..|||Greece could go the way of the Middle East and get invaded by the Taliban or have training camps for Al Quada. Then there might be a UN or USA force going there to help them out. Military and civilian contractors would spread dollars thickly among the locals.
How would you react if the U.S. stated it was ready to help bail Ireland out of its debt crisis?
I really don't expect the U.S. to make such a move. Everyone knows it would be political suicide for any politician who supported such an idea.
Yet there are politicians in Europe who are ready to spend $100 billion to bail Ireland out of its debt crisis. So somewhere, someone like you is getting the news that their country is about to pay for the debts of another country. And strangely, the Europeans don't seem too outraged by this.|||The Federal Reserve will bail them out and you wont even know about it because they are not required to tell us or the congress.|||Because Ireland's economy overheated in part due to the inappropriately low interest rates from the European Central Bank. These rates suited Germany and France, but they were awful for Ireland. As such the ECB has a level of responsibility for Ireland's economic wellbeing.
Plus, given the common currency, if Ireland's economy went entirely bust it would be bad for all member states using the euro.
Plus the money is to be paid back. It's a loan, not free money.
You should do research before asking ridiculous questions.|||Conservatives majority in Congress in Jan.- would never pass anything to bail out Ireland.
They are on probation! NO MORE BAILOUTS!
They know if they bail out anyone - they will get hammered! They will lose their jobs in 2012.|||Who could have seen this coming? I thought flooding your country with immigrants and extending government benefits to them upon setting foot in country would be a big economic win. Golly, what was I thiniking?|||Good, then open Irish pubs here and we will all get 'good' beer for a change!|||I think other EU countries should do the helping.|||Like we need to kick who ever suggested it out of office ! we are to far in our selves to be bailing anyone out !|||If we got Guinness and Lucky Charms in return, sure.
Yet there are politicians in Europe who are ready to spend $100 billion to bail Ireland out of its debt crisis. So somewhere, someone like you is getting the news that their country is about to pay for the debts of another country. And strangely, the Europeans don't seem too outraged by this.|||The Federal Reserve will bail them out and you wont even know about it because they are not required to tell us or the congress.|||Because Ireland's economy overheated in part due to the inappropriately low interest rates from the European Central Bank. These rates suited Germany and France, but they were awful for Ireland. As such the ECB has a level of responsibility for Ireland's economic wellbeing.
Plus, given the common currency, if Ireland's economy went entirely bust it would be bad for all member states using the euro.
Plus the money is to be paid back. It's a loan, not free money.
You should do research before asking ridiculous questions.|||Conservatives majority in Congress in Jan.- would never pass anything to bail out Ireland.
They are on probation! NO MORE BAILOUTS!
They know if they bail out anyone - they will get hammered! They will lose their jobs in 2012.|||Who could have seen this coming? I thought flooding your country with immigrants and extending government benefits to them upon setting foot in country would be a big economic win. Golly, what was I thiniking?|||Good, then open Irish pubs here and we will all get 'good' beer for a change!|||I think other EU countries should do the helping.|||Like we need to kick who ever suggested it out of office ! we are to far in our selves to be bailing anyone out !|||If we got Guinness and Lucky Charms in return, sure.
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