The "up-to-the-minute Market Data" thread

reply to post by irishchic


Ford is a sad story.. they got into this mentality that they where Ford. Yup. That's how they died. Someone somewhere said hey, let's cut back on quality, cut some corners, lets make lame boxy cars that fall apart in their second year. When confronted "won't this drive consumers away" .. they would reply "no, we are Ford.. we are American.."

Well they put to much faith into their history, and under estimated what American's are willing to do to get a better product. Since I was a wee little baby till this day my dad has had at least one ford in our drive way.. F-150's, most of them, then a mustang (it broke down) now, a Taurus (old mans car I tell him, go back to the mustang, but his old mustang was janky). Me.. I got a Toyota. First person in the family to go foreign. All my siblings first cars where Fords or GM's to, mine was a Cavalier.

But I got to hand it to the new CEO, he's done an amazing amount of work in a short period of time. He has completely revolutionized the companies brand name, bringing back *better* quality models and decent cosmetic looks to rival foreign cars. If anything the bad economy is what's hurting Ford more than crappy models (far more than GM can say). The only thing I don't agree with Fords new transition is that they decided with the extra bit of quality comes a higher sticker price, aiming to be the mid to upper mid class car of choice. They still have a hard road in front of them.

reply to post by Rockpuck
star 4 U!!!

For noticing Fords better aspects...

The G-pappy of autos is making all the right moves...they saw this coming and did the "stock & shock" before this happened...

...now...it's just the spiral...

...now back in 80's...blah...


Nikkei 225 8,424.86 9:57PM ET -63.44 (-0.75%)
Hang Seng 13,727.45 10:02PM ET -182.89 (-1.31%)


[edit on 3/24/2009 by Hx3_1963]

reply to post by Rockpuck



Excellent post! Star for you!
I will die a Ford girl even if they cease to be sold...it's just who I am in many ways.

Mexican issues are probably being blown out of proportion but again,because I'm so close,I'm always on watch.

"In his second prime-time press conference, Obama said he saw "signs of progress" on the economy, promised a recovery from the ongoing recession and attempted to blunt the finger-pointing that has dominated Washington since the discovery that $165 million in bonuses were paid to executives at the American International Group even as it was being bailed out by the government.

"The rest of us can't afford to demonize every investor or entrepreneur who seeks to make a profit," Obama said in opening remarks in the East Room of the White House. "When each of us looks beyond our own short-term interests to the wider set of obligations we have to each other -- that's when we succeed."

While he is seeing those "signs of progress",I'll leave you with the lil chart while I go get some beauty-sleep:

[atsimg]http://files.abovetopsecret.com/images/member/471ed48cb13c.jpg[/atsimg]

Equity Extraction Data
by CalculatedRisk on 3/24/2009 09:07:00 PM
Earlier today I graphed the mortgage equity extraction data for Q4 2008 from Dr. James Kennedy at the Fed.

Thanks again to Dr. Kennedy for all the data!

For those interested, here is the equity extraction data from the Fed (excel file) Enjoy!

IMPORTANT NOTE: If you use this data, please read this note from the Fed:

Attached are the estimates of home equity extraction and related data through the fourth quarter of 2008, courtesy of Jim Kennedy. Please note that there will be no further updates to this data series.

These data are the product of a research project undertaken by Jim and Alan Greenspan. The data are not an official publication or product of the Federal Reserve Board. If you cite these data, please reference one of the two papers that Jim wrote with Alan Greenspan. For example, a reference might read something like this:

"Updated estimates provided by Jim Kennedy of the mortgage system presented in "Estimates of Home Mortgage Originations, Repayments, and Debt On One-to-Four-Family Residences," Alan Greenspan and James Kennedy, Federal Reserve Board FEDS working paper no. 2005-41."

Since the fall of 2005, when the first paper Jim wrote with Alan Greenspan was released, Jim has updated the data periodically, usually quarterly, a few days after publication of the Flow of Funds data.

For Q4 2008, Dr. Kennedy has calculated Net Equity Extraction as minus $77 billion, or negative 2.9% of Disposable Personal Income (DPI).

This graph shows the net equity extraction, or mortgage equity withdrawal (MEW), results, both in billions of dollars quarterly (not annual rate), and as a percent of personal disposable income.




[edit on 24-3-2009 by irishchic]

reply to post by Hx3_1963


Yes he is. To bad there aren't more of them. I could tell that some of them were generally P.O.'d though.

What do you think about debt-deflation?

reply to post by Hx3_1963


Yes, they where working to get out of there bind for a couple of years now.. GM just decided when the Senate committee told them to. Granted, they did make the Ford Flex, this decades dumbest design by a fairly good margin. I've seen less Flex's on the road than my Scion Xd lol, which totals 3 now. We make a big deal when we see another Xd on the road, I don't feel like the only person in the world who bought one.

Anyways..

Has anyone noticed that Bloomberg's website sucks?.. None of the Market charts are working, and it crashes often. So, from CNN

Hong Kong Hang Seng -146.36 -1.05% 13,763.98
Hong Kong HSCC Red Chip -32.62 -1.06% 3,118.37
Japan Nikkei 225 -63.72 -0.75% 8,424.58

Not bad considering the news from Japan.

reply to post by irishchic


I cannot read your wee lil words on your wee lil chart.

reply to post by Hastobemoretolife

Debt-Deflation?
www.investopedia.com...

What Does Debt Deflation Mean?

A situation in which the collateral used to secure a loan (or another form of debt) decreases in value. This can be detrimental because it may lead to a restructuring of the loan agreement or the loan itself.

Also known as "worst deflation" and "collateral deflation".

Investopedia explains Debt Deflation:

A mortgage, which is a form of secured debt, presents a good example.

Let's say you purchased a home by taking out a mortgage. That same home would be secured as collateral for the loan, meaning that if you defaulted on payments to the bank, the home would be repossessed by the bank. If the potential selling price of the home decreased in value while you were still making payments to the bank, you would be in the middle of a debt deflation scenario.

Debt-Deflation Theory of Great Depressions
fraser.stlouisfed.org...



[edit on 3/24/2009 by Hx3_1963]

reply to post by Rockpuck
I don't think it's just Bloomberg tonite...lots of "traffic"...

(Borg Technology estimates QTB per Sec...)

Try these...

www.indexq.org...

finance.yahoo.com...
(This I like...streaming...)


Shanghai Composite 2,315.032 10:18PM ET -23.388 (-1.00%)
Hang Seng 13,716.86 10:19PM ET -193.48 (-1.39%)
Nikkei 225 8,426.72 10:00PM ET -61.58 (-0.73%)
===
Gold $928.52
Oil $53.33

[edit on 3/24/2009 by Hx3_1963]

reply to post by Hx3_1963


Think that is what could be happening, debt-deflation?

I mean when you think about it, the real estate market was super inflated, we are having trouble with CDO's and CDS's, because they won't get what they are worth. It isn't just homes either it is the commercial sector and also prime loans could be at risk of foreclosure.

Maybe?

reply to post by Hastobemoretolife
No maybes' about it...

...in progress...

...all...

...default...

...game...

...over...
... ...

over-leverage + fractional reserve + debt + CDO/CDS= *BOOM*
===
New Zealand 2628.98 -6.36 -0.24% 15:46
Australia 3553.50 36.20 1.03% 14:08
Nikkei 225 8426.72 -61.58 -0.73% 11:30
TOPIX 812.45 -0.27 -0.03% 11:00
TSE 2nd Sec 1846.05 2.25 0.12% 11:00
JASDAQ 40.90 0.06 0.15% 11:01
Korea 1220.52 -1.18 -0.10% 11:47
Taiwan 5290.00 47.82 0.91% 11:07
Taiwan OTC 78.53 1.62 2.11% 10:48
Shanghai 2343.04 4.62 0.20% 11:07
Shanghai A 2460.89 6.34 0.26% 11:07
Shanghai B 153.79 0.46 0.30% 11:07
Shenzhen A 812.14 -2.93 -0.36% 10:55
Shenzhen B 346.55 0.60 0.17% 10:52
SHSZ 300 2441.64 -10.14 -0.41% 10:52
Shenzhen comp 8902.16 -52.67 -0.59% 10:52
Hong Kong 13833.37 -76.97 -0.55% 11:10
HK CN Ent 8126.30 63.02 0.78% 11:10
HK Aff Crp 3141.70 -9.33 -0.30% 11:10
Singapore 1694.41 -11.93 -0.70% 10:52
SGX China 51.89 0.24 0.46% 11:10
Vietnam 277.97 7.35 2.72% 10:07
Thailand 438.16 -0.01 -0.00% 03/24
Philippines 1929.18 11.49 0.60% 11:07
Malaysia 874.24 -3.68 -0.42% 11:07
Indonesia 1438.47 2.36 0.16% 10:07
India 9471.04 47.02 0.50% 03/24
Pakistan 4763.63 186.71 4.08% 03/24

[edit on 3/24/2009 by Hx3_1963]

reply to post by Hastobemoretolife
Mr Pause:

CC: Stander ; Et Al ; All

Your indulgence if you please...

Another Scenerio...

fear + distrust + default = depression

depression + debt deflation = conflageration

conflageration + depression = deflaguration (collapse)

regards,

Hx3

...And fer yer viewing pleasure...
(Deeper thought is needed to interpert...but nice skin...)

Baby, I get so scared inside and I don't really understand
Is it love that's on my mind or is it fantasy?

Heaven, is in the palm of my hand and it's waiting here for you
What am I supposed to do with a Worldwide tragedy?

If I close my eyes forever
Would it all remain unchanged?
If I close my eyes forever
Would it all remain the same?

Sometimes, its hard to hold on, so hard to hold on to my dreams
It isn't always what it seems when you're face to face with me

Like a dagger you stick me in the heart and taste the blood from my blade
And when we sleep would you shelter me in your warm and darkened grave?

If I close my eyes forever
Would it all remain unchanged?
If I close my eyes forever
Would it all remain the same?

Will you ever take me?
No I just can't take the pain
Would you ever trust me?
No I'll never feel the same (oh)

(instrumental)

I know I've been so hard on you
I know I've told you lies
If I could have just one more wish
I'd wipe the cobwebs from my eyes

If I close my eyes forever
Would it all remain unchanged?
If I close my eyes forever
Would it all remain the same? (Oh yeah)

Close your eyes...
Close your eyes...
You gotta close your eyes for me..........

(Think...Hard...Visualize...)
===
Nikkei 225 8,426.72 10:30PM ET -61.58 (-0.73%)

[edit on 3/24/2009 by Hx3_1963]

I'm offically speechless...where is everyone?
Where's yer outrage?
WTF???
(Kills Jack & Coke...Falls in Cop Car...)

U.S. Debt Default, Dollar Collapse Altogether Likely
(Not New)
seekingalpha.com...

The prospect of the United States defaulting on its debt is not just likely. It's inevitable, and imminent.

The regulatory black holes into which sanity and reason disappear on a daily basis are soon to collapse under the mass of their sheer size. The circle jerk going on among G7 governments has to end – the steady advance of gold, even in the face of a managed price, exposes the real value of the U.S. dollar, as opposed to its apparent value expressed in the dollar index.

Is 2009 the year that the United States formally defaults? And with that, will the dollar collapse be rolled back ten for one or more?

There are a lot of reasons to support that theory. To Wall Street economists, such an event is heresy and therefore unthinkable. Yet Wall Street is the very La-la-land that bred the idea of a perpetually indebted nation in the first place.

Number one among the indicators favoring this scenario is what is happening in the U.S. Treasuries auction market.

Last Thursday, an $30 billion auction in five-year notes failed to stir the interest of traditional primary dealers. The auction itself was saved by an anonymous “indirect” bid.

Buyers are discouraged by the prospect of what is expected to amount to $2 trillion total issuance for the full year of 2009. The further out the maturities on notes, the more bearish the sentiment towards them. The only way to entice buyers is through the increase in yields.

But with yields at 1.82 per cent, five-year notes were met with a demand for 1.98 times the amount offered - the lowest bid-to-cover ratio since September. A sell-off in treasuries began in earnest upon the conclusion of that auction.

The U.S. Federal Reserve suggested last week that it was going to step up its treasury-buying activity, and the mainstream media interprets this as a form of market support. What it actually is evidence of growing anxiety and desperation on the part of the Fed as the realization dawns that demand for treasuries is progressively evaporating.

The increased demand for gold as an investment witnessed throughout the last two weeks that has pushed gold to a 4 month high is further evidence that investors across the board are gravitating more towards gold and away from U.S. debt.

So what is the catalyzing event that will precipitate outright capitulation?

I think the spin-controlled version of events will make the collapse of the derivatives market the red herring that facilitates the aw-shucks-we-have-no-choice shoe-gazing moment possible, and that’s exactly the parachute the government needs to retain a veneer of credibility - at least in its own delusional mirror.

More at Link...

(Yeah...I sensationalized it...anyone home???)
===
New Zealand 2630.33 -5.01 -0.19% 17:01
Australia 3551.30 34.00 0.97% 15:22
Nikkei 225 8542.02 53.72 0.63% 13:03
TOPIX 820.40 7.68 0.94% 13:03
TSE 2nd Sec 1848.11 4.31 0.23% 13:03
JASDAQ 41.09 0.25 0.61% 13:03
Korea 1225.17 3.47 0.28% 13:02
Taiwan 5354.13 111.95 2.14% 12:22
Taiwan OTC 79.00 2.09 2.72% 12:03
Shanghai 2345.90 7.48 0.32% 11:30
Shanghai A 2462.40 7.85 0.32% 11:30
Shanghai B 153.83 0.50 0.32% 11:29
Shenzhen A 816.67 1.60 0.20% 11:30
Shenzhen B 347.87 1.92 0.55% 11:30
SHSZ 300 2461.36 9.58 0.39% 11:30
Shenzhen comp 8995.07 40.23 0.45% 11:30
Hong Kong 13892.88 -17.46 -0.13% 12:07
HK CN Ent 8180.81 117.52 1.46% 12:07
HK Aff Crp 3146.11 -4.88 -0.15% 12:07
Singapore 1703.35 -2.99 -0.18% 12:07
SGX China 52.20 0.55 1.06% 12:35
Vietnam 277.63 7.01 2.59% 11:01
Thailand 437.69 -0.47 -0.11% 11:02
Philippines 1939.54 21.85 1.14% 12:11
Malaysia 873.27 -4.65 -0.53% 12:23
Indonesia 1446.13 10.01 0.70% 11:23
India 9471.04 47.02 0.50% 03/24
Pakistan 4763.63 186.71 4.08% 03/24
===
HSBC Hldgs Plc. HBC 28.60 Change:-1.41 -4.70%

[edit on 3/24/2009 by Hx3_1963]

I like how he mentioned that the Fed bought treasuries not to lower mortgage rates, but in actuality because demand for treasuries is sinking. This is pretty plain to see now even though the first onslaught of the announcement was perplexing. of course NOBODY will talk about this. Ron Paul didn't either. But, then again, he cannot attack our debt as he is still a member of congree...

reply to post by RetinoidReceptor
Good Points!!!

Tell me more, tell more, did we sell out...

...Without really selling anything...say Fiat???

The Speech sounded like...We're all in this together..so...

...G-20 to the rescue....G-20 to the rescue...

Super IMF for all...really???
[atsimg]http://files.abovetopsecret.com/images/member/625fac58d182.jpg[/atsimg]

[edit on 3/25/2009 by Hx3_1963]

reply to post by Hx3_1963


Yes, I see total inevitable collapse. And I'm not really looking forward to it. It is what I have been saying now for a month and half, but even I still kept an open mind as to what could actually happen.

The whole world is about to witness a paradigm shift in power. Prophecy, NWO, Mad Max, at this point I'm not sure. What I do know is that it is anybody's game. It is not a checkmate though. I would say stalemate, but I would actually venture to say that through he use of disinformation TPTB have had all there power pieces taken and no pawns and the king is wide open, but the people have failed to realize that the Emperor has no clothes.

This CDS/CDO market went way beyond than what anybody could possibly control. This planed destruction really feels like they were building the bomb and it blew up in there face when connecting the last wire.

The question is are the people going to realize this and seize the opportunity that has been presented?

What a day.

LAYOFF DAILY
3-24-2009

Electrolux Update and Tally -369
TRW/Ryerson -53
Special Metals -17
NY Governor Orders Cuts -8,900
Shaw Industries Closing 2 Plants -600
Bostik Inc. -16
Accredited Home Lenders -38
Grocer Calls It Quits -30
Mack Trucks Idling Plants Cutting Workers
Hoffmaster Closing Oneida Plant -70
Lapeer County Unemployment 16.9%
Kodak Windsor Plant -300
Houston Chronicle -12%
Ingersoll Rand Chops Again -75
Law Firms Cutting Pay and Workers
Concord Steel -100
Excide Closes Battery Recylcling Plant
Goodyear Layoffs Start -400
Alcan In KY -60
Spacesaver Corp. Laying Off
Brillion Iron Works Foundry -80
HPG International -100
Hospira Inc. -1,450
Flowserve Corp -62
Angus-Palm -181
GM Begins White Collar Cuts -160
Regional Med. Center Memphis -88
Vail Resort VRI -50
PTI Oil Sands Vendor -500
Cummins Filtration -127
Schlumberger Cuts Again -6,000
Iredell County Govt. -25
Johns Manville Co. -135
USF Holland Closing Truck Terminal -20
Boater's World Closing 129 Stores
Sierra Pacific Industries Closing 2 Mills -310
Philadelphia's Oldest Law Firm Closes
Sutter Medical Center -53
Canadian National Railroad -50
Scotland County Unemployment Rate 16.8%
Appleton Schools -43
Orange County Bus System -400
Empire Aero Center -35
Ethan Alan Furniture Plant -20

TOTAL - 20,890

reply to post by Hastobemoretolife
I know you've been in the know...

Star 4 U!

...At this point...I'd guess we'd get 10%-15% on the $...not a nice reality...

...lose a state or 2 (west coast..Cali's already broke)...

Thoughts???

(...and the MSM still can laugh and make jokes...rope...please!!!!)

reply to post by spinkyboo
I know how ya feel...

My Depression thread...booming...
www.abovetopsecret.com...
(Just since morn...)

...major...Carpal Tunnel!!!

reply to post by Hx3_1963


Just making plans now. The question is no longer if it's when and how bad will it be which unfortunately we still don' have the answers. Very glad I impulsively bought a bunch of gold coins last summer.