you can stock screen here
http://screen.yahoo.com/stocks.html
-----
y p/e alone not really a good indicator to short obviously
homebuilders have very negative P/Es and i think many are going to zero even though they had a pretty viscous bear shake of late
no vested interest to "save" them as it removes homes from the market and oversupply of homes is a big part of the problem
http://screen.yahoo.com/stocks.html
-----
y p/e alone not really a good indicator to short obviously
homebuilders have very negative P/Es and i think many are going to zero even though they had a pretty viscous bear shake of late
no vested interest to "save" them as it removes homes from the market and oversupply of homes is a big part of the problem
haha somebody started a bank implode website
http://bankimplode.com/
226 mortgage lenders have gone
up to date
http://ml-implode.com/
http://bankimplode.com/
226 mortgage lenders have gone
up to datehttp://ml-implode.com/
hahahah
photo of the day (well need the caption obviously to get the humor)
Analysts hope Americans will use their rebate checks to buy new items, boosting the economy. (AP Photo)
on CNN.com front page
buy flat screens with your rebate check sheep, please, pretty please
photo of the day (well need the caption obviously to get the humor)
Analysts hope Americans will use their rebate checks to buy new items, boosting the economy. (AP Photo)
on CNN.com front page
buy flat screens with your rebate check sheep, please, pretty please
Last edited:
hno:
But, obviously, export revenue growth eventually means domestic revenue growth, which provides a cushion when retractions in trade like this occur (like it did when we signed the FTA with the US in 1988); as the 'real US economy stands up', China would have no choice but to diversify its export economy to new markets, no?
Such as ... Canada's dependence on US exports has declined in recent years as we've increased trade with India, China and many South American countries. We increased exports to China by 43% last year, making it our third-largest market. If the US market is crashing, we have no choice but to begin writing it off. There's little reason China couldn't do the same. There seems to be substantial growth out there, not completely dependent on the US. If we have some time, the US market might be replaceable without too much hurt.
(On this same note, I see oil prices continuing to rise long-term. I don't think the decline in US demand for oil is going to be as catastrophic as some people are calling for.)
I'm not sure I see China going to a gold standard, tho. But I think their reasons would be largely diplomatic (political), not economic. I can't see too many current and potential trading partners wishing for a gold standard as it would psychologically hammer their currencies, too. We've all been riding the expansion wave with you.
Yeah Mims, I agree that I am the "stupidest" person on earth, but since im the stupidest person on earth, I also cannot think for myself.
So would you please explain why.
While you are at it, also explain why an index with only 30 stocks is more accurate and important to explain the market.
:smoking:
So would you please explain why.
While you are at it, also explain why an index with only 30 stocks is more accurate and important to explain the market.
:smoking:
japan down another 100 on the news
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Feb. 8 (Bloomberg) -- Japan's machinery orders fell more than expected in December as manufacturers scaled back investment in anticipation of slowing global economic growth.
Orders, an indicator of business spending in the next three to six months, slid 3.2 percent from November, when they sank 2.8 percent, the Cabinet Office said today in Tokyo. The median forecast of 43 economists surveyed by Bloomberg News was for a 0.9 percent drop.
-------------------
hahahahaha every frickin day they drag another fed guy out to give some fed speak this is getting funny
3rd one this week
---------------------------
Fed's Fisher Says Growth Poised to Accelerate in Second Half
By Steve Matthews and Jose Enrique Arrioja
Feb. 7 (Bloomberg) -- U.S. economic growth is poised to return to its long-term trend in the second half of the year following aggressive interest-rate cuts, said Federal Reserve Bank of Dallas President Richard Fisher.
``We're going to go back to normal growth rates,'' Fisher, who dissented from the Fed's decision last week to cut interest rates, said in a Bloomberg Television interview in Mexico City. ``We're going to have slower growth for awhile, for a half year.''
Fisher's remarks reflect his vote at the Jan. 30 Federal Open Market Committee meeting to oppose the half-point cut in the benchmark rate to 3 percent, after an emergency reduction the previous week. Fisher said monetary policy affects economic growth with a lag, so policy makers must consider the impact of rate cuts already taken as well as the potential for inflation.
Monetary policy ``is like a really good tequila: It takes time to make a punch,'' Fisher said in the interview, which was conducted in Spanish. ``Monetary policy takes a long time to have an effect.''
Futures traders are betting that the Fed will need to lower its main interest rate further, by 1 percentage point. The central bank cut the rate by 1.25 point to 3 percent over nine days last month, the fastest reduction since the federal funds rate became the main policy tool around 1990.
Fisher said he couldn't say whether he would dissent again in March, adding he would study the economic data.
``We still have to sort through the data,'' he said. ``We have to see what happens in our economy.''
Signs of Recession
Signs of a possible recession are spreading following financial-market turmoil. On Feb. 5, U.S. stocks tumbled the most in 11 months as a private report showed service industries contracted the most since 2001.
The Institute for Supply Management's non-manufacturing index, which reflects almost 90 percent of the economy, fell to 41.9 in January, from 54.4 the prior month, the Tempe, Arizona- based ISM said.
The U.S. economy expanded at a 0.6 percent pace in the fourth quarter, matching the slowest rate in five years, after growing at a 4.9 percent pace in the prior three months. ``We have a crisis now,'' Fisher said. ``I think we have the tools to do what we have to do to correct these problems that we have in the world's banking system. But it is going to take time.''
Punchbowl
In a speech in Mexico City, Fisher warned that aggressive reductions in response to a weak economy may ``juice up'' inflation.
``The Fed has to be very careful now to add just the right amount of stimulus to the punchbowl without mixing in the potential to juice up inflation,'' Fisher said at an economics conference in Mexico City.
The Fed has been challenged by the financial turmoil as it tries to balance its twin goals of stable prices and growth, Fisher said.
``We've got an inflation problem,'' he said in the interview. ``What's difficult for the Federal Reserve system is to use a monetary policy for the current circumstances. It's not easy, but we can do it.''
The Fed's preferred core price gauge, which excludes food and energy, rose 2.2 percent in December from a year earlier for the second straight month, equal to the fastest pace since March.
--------------------
Feb. 8 (Bloomberg) -- Japan's machinery orders fell more than expected in December as manufacturers scaled back investment in anticipation of slowing global economic growth.
Orders, an indicator of business spending in the next three to six months, slid 3.2 percent from November, when they sank 2.8 percent, the Cabinet Office said today in Tokyo. The median forecast of 43 economists surveyed by Bloomberg News was for a 0.9 percent drop.
-------------------
hahahahaha every frickin day they drag another fed guy out to give some fed speak this is getting funny
3rd one this week
---------------------------
Fed's Fisher Says Growth Poised to Accelerate in Second Half
By Steve Matthews and Jose Enrique Arrioja
Feb. 7 (Bloomberg) -- U.S. economic growth is poised to return to its long-term trend in the second half of the year following aggressive interest-rate cuts, said Federal Reserve Bank of Dallas President Richard Fisher.
``We're going to go back to normal growth rates,'' Fisher, who dissented from the Fed's decision last week to cut interest rates, said in a Bloomberg Television interview in Mexico City. ``We're going to have slower growth for awhile, for a half year.''
Fisher's remarks reflect his vote at the Jan. 30 Federal Open Market Committee meeting to oppose the half-point cut in the benchmark rate to 3 percent, after an emergency reduction the previous week. Fisher said monetary policy affects economic growth with a lag, so policy makers must consider the impact of rate cuts already taken as well as the potential for inflation.
Monetary policy ``is like a really good tequila: It takes time to make a punch,'' Fisher said in the interview, which was conducted in Spanish. ``Monetary policy takes a long time to have an effect.''
Futures traders are betting that the Fed will need to lower its main interest rate further, by 1 percentage point. The central bank cut the rate by 1.25 point to 3 percent over nine days last month, the fastest reduction since the federal funds rate became the main policy tool around 1990.
Fisher said he couldn't say whether he would dissent again in March, adding he would study the economic data.
``We still have to sort through the data,'' he said. ``We have to see what happens in our economy.''
Signs of Recession
Signs of a possible recession are spreading following financial-market turmoil. On Feb. 5, U.S. stocks tumbled the most in 11 months as a private report showed service industries contracted the most since 2001.
The Institute for Supply Management's non-manufacturing index, which reflects almost 90 percent of the economy, fell to 41.9 in January, from 54.4 the prior month, the Tempe, Arizona- based ISM said.
The U.S. economy expanded at a 0.6 percent pace in the fourth quarter, matching the slowest rate in five years, after growing at a 4.9 percent pace in the prior three months. ``We have a crisis now,'' Fisher said. ``I think we have the tools to do what we have to do to correct these problems that we have in the world's banking system. But it is going to take time.''
Punchbowl
In a speech in Mexico City, Fisher warned that aggressive reductions in response to a weak economy may ``juice up'' inflation.
``The Fed has to be very careful now to add just the right amount of stimulus to the punchbowl without mixing in the potential to juice up inflation,'' Fisher said at an economics conference in Mexico City.
The Fed has been challenged by the financial turmoil as it tries to balance its twin goals of stable prices and growth, Fisher said.
``We've got an inflation problem,'' he said in the interview. ``What's difficult for the Federal Reserve system is to use a monetary policy for the current circumstances. It's not easy, but we can do it.''
The Fed's preferred core price gauge, which excludes food and energy, rose 2.2 percent in December from a year earlier for the second straight month, equal to the fastest pace since March.
Originally Posted by MIMS
NO FUCKING SHIT. I really hate when people come in late in the conversation and insult people. The guy said the DOW will drop to below 7000. I was refuting him, and that's how we got started talking about the DJIA. But whatever, guy, say whatever you want.
----
I ignored it the first time, for it wasnt worthy of a reply. Not that it really is now, but since you insist.....
How am I late in the conversation regarding this thread and you really havent posted anything useful in this thread. Have you read the entire thread?
All Ive read from you is insults, but you accuse me of only insulting people.
Now today you posted that basically this thread is a pos since "the market" hasnt moved since this thread started since the dow has only changed 200 points. Meanwhile, quite a bit of stocks and the world markets have fallen 15% on avg and the largest decrease in 5 years.
Surprise me and post something accurate about the market, maybe why you have your ideas about the market, stocks you own??? Something, anything...what Ive read from you thus far, seriously hasnt added anything useful to this thread.
You may be a self imposed market expert. However, regradless what you believe, there are some guys reading this thread every day that I think have benefited from some of the daily posting myself, tiznow and others post in this thread.
Each day I learn something new and helpful about the market and been from many different posters. Maybe even you will eventually add something useful.
I may be waiting a while, but I have time. I understood after the above quoted post what you think about me. It would matter more if I valued your opinion, but since I dont, how about helping the board now and bash me another time?
NO FUCKING SHIT. I really hate when people come in late in the conversation and insult people. The guy said the DOW will drop to below 7000. I was refuting him, and that's how we got started talking about the DJIA. But whatever, guy, say whatever you want.
----
I ignored it the first time, for it wasnt worthy of a reply. Not that it really is now, but since you insist.....
How am I late in the conversation regarding this thread and you really havent posted anything useful in this thread. Have you read the entire thread?
All Ive read from you is insults, but you accuse me of only insulting people.
Now today you posted that basically this thread is a pos since "the market" hasnt moved since this thread started since the dow has only changed 200 points. Meanwhile, quite a bit of stocks and the world markets have fallen 15% on avg and the largest decrease in 5 years.
Surprise me and post something accurate about the market, maybe why you have your ideas about the market, stocks you own??? Something, anything...what Ive read from you thus far, seriously hasnt added anything useful to this thread.
You may be a self imposed market expert. However, regradless what you believe, there are some guys reading this thread every day that I think have benefited from some of the daily posting myself, tiznow and others post in this thread.
Each day I learn something new and helpful about the market and been from many different posters. Maybe even you will eventually add something useful.
I may be waiting a while, but I have time. I understood after the above quoted post what you think about me. It would matter more if I valued your opinion, but since I dont, how about helping the board now and bash me another time?
