It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

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

page: 180
189
<< 177  178  179    181  182  183 >>

log in

join
share:

posted on Mar, 25 2009 @ 10:25 PM
link   
reply to post by spinkyboo
 


Things are looking ugly. I wonder what the "official reported" unemployment number is going to be for this month?

Everyday seems to be 10000+ people on average except for the weekends. Then even on some days the unemployment was way above 50000 for a day.

I'm going to have to go back and add up all the numbers in this thread o find out the total, unless you already have a total.




posted on Mar, 25 2009 @ 10:33 PM
link   
GDP is being reported tomorrow I believe for the first quarter.

www.bloomberg.com...

Treasuries rise on expectation GDP shrinks more than expected.

This will really decipher if the rally continues. If both GDP contracts more than expected AND unemployment rises more than expected, the markets will go down. IF the GDP declines more than expected and unemployment doesn't decrease as much, do not be surprised to see the rally continue. The markets will take that as things will improve as it will look ahead rather than dwell on the past bad quarter.



posted on Mar, 25 2009 @ 10:39 PM
link   

Originally posted by Hastobemoretolife
reply to post by spinkyboo
 


Things are looking ugly. I wonder what the "official reported" unemployment number is going to be for this month?

Everyday seems to be 10000+ people on average except for the weekends. Then even on some days the unemployment was way above 50000 for a day.

I'm going to have to go back and add up all the numbers in this thread o find out the total, unless you already have a total.


Yesterdays total just from LAYOFF DAILY was 20,000 plus -

I don't have a total - yet - although I have been researching different sources in an attempt to get the most accurate total.
I should have something within the next couple of days -

This is the LAYOFF DAILY link - so you don't have to go through this thread - if you want to do some totaling.
www.layoffdaily.com...

- but there are other sources too - that list some that are not listed on this site.
It really is ugly though. The most disturbing thing is that the general public is getting hit with it - while the boys in the suits on the news are talking about recovery. It's absurd.



posted on Mar, 25 2009 @ 11:38 PM
link   

Originally posted by spinkyboo

Originally posted by Hastobemoretolife
reply to post by spinkyboo
 


Things are looking ugly. I wonder what the "official reported" unemployment number is going to be for this month?

Everyday seems to be 10000+ people on average except for the weekends. Then even on some days the unemployment was way above 50000 for a day.

I'm going to have to go back and add up all the numbers in this thread o find out the total, unless you already have a total.


Yesterdays total just from LAYOFF DAILY was 20,000 plus -

I don't have a total - yet - although I have been researching different sources in an attempt to get the most accurate total.
I should have something within the next couple of days -

This is the LAYOFF DAILY link - so you don't have to go through this thread - if you want to do some totaling.
www.layoffdaily.com...

- but there are other sources too - that list some that are not listed on this site.
It really is ugly though. The most disturbing thing is that the general public is getting hit with it - while the boys in the suits on the news are talking about recovery. It's absurd.



Paul Krugman was talking about an economic term where unemployment rises and GDP rises as well. How that occurs, I do not know. I assume it would have to be in an inflationary environment. I guess that means the markets will go up, but the people in the country will eat cake.



posted on Mar, 25 2009 @ 11:44 PM
link   
reply to post by RetinoidReceptor
 


Interesting....

There was a graph on here somebody posted I don't know how many pages back, but it was showing how lay-offs always tops out before the markets stabilize.



posted on Mar, 26 2009 @ 12:09 AM
link   

Originally posted by Hastobemoretolife
reply to post by RetinoidReceptor
 


Interesting....

There was a graph on here somebody posted I don't know how many pages back, but it was showing how lay-offs always tops out before the markets stabilize.



I posted that - I will try to find it again...



posted on Mar, 26 2009 @ 12:24 AM
link   
This isn't THE map - (still hunting it down) - but these are some pretty interesting - maps and stats...
with a little of that fancy government talk thrown in for good measure.

data.bls.gov...
data.bls.gov...
www.bls.gov...
www.bls.gov...



posted on Mar, 26 2009 @ 01:17 AM
link   

Originally posted by spinkyboo

Another scary day today - in the unemployment world.



LAYOFF DAILY
3-25-2009


RainSweet Closing Onion Plant -120
Semitool Inc. Layoffs Coming -520
Atlanta Journal-Constitution -93
Android Industries May Close -250
Synovus Financial -200
Syracuse NY Schools -70
Spinkyboo Tavern -1




Oh, no! Fernando got laid off! Fernado -- the cook who truly redefined the meaning of "burrito." Now I'm really pissed about the anorexic economy.



posted on Mar, 26 2009 @ 01:42 AM
link   

In an essay published Monday, the head of China's central bank proposed a plan to displace the American dollar as the world's standard and replace it with a global reserve currency operated from the International Monetary Fund.

rawstory.com...



WASHINGTON (AFP) – China's pursuit of sophisticated weaponry is altering Asia's military balance and could be used to enforce its claims over disputed territories, the Pentagon said in a report

news.yahoo.com...

Zho xan chaj tient tiant zhu . . . I waz justa kidding. Dollar good.




[edit on 3/26/2009 by stander]



posted on Mar, 26 2009 @ 07:40 AM
link   
4Q Final GDP Rev 6.3%v
UE rev 652K 8k^
===
S&P 500 +9.60 817.80 3/26 9:01am
Fair Value 809.99 3/25 10:04pm
Difference* +7.81

NASDAQ +18.25 1251.75 3/26 8:44am
Fair Value 1236.25 3/25 10:04pm
Difference* +15.50

Dow Jones +78.00 7758.00 3/26 8:59am
===
DXY 83.46v
Gold $943.15
Oil $53.63
===
BAC Pre-Market After Hours $7.94 Change: +0.24 +3.12%
C Pre-Market After Hours $3.00 Change: +0.09 +3.09%
MS Pre-Market After Hours $26.53 Change: +0.62 +2.39%
GS Pre-Market After Hours $113.09 Change: +0.14 +0.12%
JPM Pre-Market After Hours $29.24 Change: +0.68 +2.38%
===
Russia 754.84 13.90 1.88% 16:00
London 3900.33 0.08 0.00% 12:46
Paris 2881.80 -11.65 -0.40% 13:46
Frankfurt 4229.39 6.10 0.14% 13:47
Turkey 25556.20 19.81 0.08% 15:01
Hungary 11498.09 183.57 1.62% 13:46
Austria 1710.43 9.91 0.58% 13:46
Poland 25598.19 120.99 0.47% 13:46
Czech 809.30 2.30 0.28% 13:41
Sweden 658.75 -7.01 -1.05% 14:01
Finland 4704.54 -97.22 -2.02% 15:01
Norway 212.29 2.09 0.99% 13:46
Greece 1715.97 21.69 1.28% 14:47
Italy 13053.00 -15.00 -0.12% 13:42
Luxembourg 888.07 0.11 0.01% 13:59
Netherlands 223.70 -1.85 -0.82% 13:47
Iceland 214.76 -0.05 -0.03% 12:46
Denmark 235.21 5.01 2.18% 14:01
Switzerland 4948.43 -21.95 -0.44% 13:47
Spain 846.43 -1.40 -0.17% 13:45
Portugal 2108.17 6.74 0.32% 03/25
Ireland 2144.73 -13.94 -0.65% 12:47
Israel 738.62 20.85 2.90% 14:42
Egypt 403.60 11.24 2.86% 14:30
S. Africa 19272.78 -34.58 -0.18% 14:47
Morocco 21961.52 147.08 0.67% 03/24
Jordan 2701.40 4.39 0.16% 14:59
UAE Dubai 1588.41 -2.59 -0.16% 13:58
===

Treasurys lower before 7-year auction
www.marketwatch.com...

NEW YORK (MarketWatch) -- Longer-dated Treasury prices remained under pressure Thursday, pushing yields up, as investors prepared to bid on a record amount of 7-year notes, the last of three note auctions this week. Ten-year note yields rose 1 basis point to 2.79%. Shorter-term securities gained some support after a government report showed initial claims for unemployment benefits rose to 652,000 in the latest week, while continuing claims rose to a record. A separate report showed the U.S. economy shrunk 6.3% in the fourth quarter, better than economists expected.

BofA to fold Premier Banking into Merrill unit: report
feeds.reuters.com...

(Reuters) - Bank of America Corp , the largest U.S. bank, is folding its Premier Banking unit into Merrill Lynch Global Wealth Management, laying off several hundred workers, the Wall Street Journal said.

MUFG, Morgan Stanley to merge Japan brokerages
feeds.reuters.com...

TOKYO (Reuters) - Mitsubishi UFJ Financial Group and Morgan Stanley said they would merge their Japanese brokerage units, a move to chase industry leaders Nomura Holdings and Daiwa Securities Group .


[edit on 3/26/2009 by Hx3_1963]



posted on Mar, 26 2009 @ 08:36 AM
link   
reply to post by Hx3_1963
 


Hows it going there Hx3?

And the markets all open in the green and start rising a little.

Although 650,000 people lost there jobs this month... Unemployment

So lets see, GDP shrank 6.2% 3rd quarter and now 6.3% 4th quarter, technically that is a depression right?

[edit on 26-3-2009 by Hastobemoretolife]



posted on Mar, 26 2009 @ 09:23 AM
link   
reply to post by Hastobemoretolife
 
Star 4 U!

Good Morning! I'm still takin' up space above ground, so, it's a good day...


Roubini Says U.S. Stocks Will Drop, Government Will Nationalize More Banks
www.bloomberg.com...

U.S. stocks will fall and the government will nationalize more banks as the economy contracts through the end of 2009, said Nouriel Roubini, the New York University professor who predicted last year’s economic crisis.

Dow Jones Industrial Average 7,787.88 10:22am ET 38.07 (0.49%)
S&P 500 INDEX,RTH 818.89 10:22am ET 5.01 (0.62%)
NASDAQ Composite 1,550.07 10:23am ET 21.12 (1.38%)



posted on Mar, 26 2009 @ 09:31 AM
link   
reply to post by Hx3_1963
 


Good deal. You know what they say, any day above ground is a good day.


Okay I got it wrong, 6.3% decline in GDP is the "official" number, it was revised from 6.2% that was estimated.

I just saw a thing that said unemployment numbers have been revised from 652,000 to 644,000.

They also said there were some indicators that the economy was "recovering". But yet we are having problems selling our treasuries and we are monetizing our debt.


[edit on 26-3-2009 by Hastobemoretolife]



posted on Mar, 26 2009 @ 09:32 AM
link   
Goood Morning, KD is prolific this am...

Call The Whaaambulance!

That Didn't Take Long (Gaming PPIP)

Geithner Grows a Brain?

and for the news...

Exxon & Chevron doing nightly audits of cash position

Exxon Mobil Corp. and Chevron Corp., their coffers swollen by last year’s record oil prices, are maneuvering to preserve a combined $40 billion in cash amid a global financial crisis that roiled the banking system.

Exxon Mobil Chief Executive Officer Rex Tillerson says he checks in every night with Treasurer Don Humphreys to make sure the money is still there. The largest U.S. oil producers won’t say where they’re putting cash, even as both acknowledge going to greater lengths than in the past to protect their funds.

“Relative to the financial markets, the biggest challenge we’ve had is making sure all the cash is there every morning,” Tillerson said in a presentation this month to investors and analysts in New York. “I tell Don he has to count every dollar before he goes to bed at night, and he tells me he does.”

Confidence building??

London G20 Summit: Last chance before global geopolitical dislocation
Long!!!!


The Wall Street Journal reports commercial real-estate loans are going sour at an accelerating pace, threatening to cause tens of billions of dollars in losses to banks already hurt by the housing downturn. The delinquency rate on about $700 bln in securitized loans backed by office buildings, hotels, stores and other investment property has more than doubled since September to 1.8% this month, according to data provided to The Wall Street Journal by Deutsche Bank AG. While that's low compared with the home-mortgage delinquency rate, it's just short of the highest rate during the last downturn early this decade. Some experts say it now looks as if the current commercial real-estate slump will rival or even exceed the one in the early 1990s, when bad commercial-property debt played a big role in dragging the economy into a recession. Foresight Analytics estimates the U.S. banking sector could suffer as much as $250 bln in commercial real-estate losses in this downturn. The research firm projects that more than 700 banks could fail as a result of their exposure to commercial real estate. Commercial property may not be hit as hard as many fear if the economy pulls out of recession more quickly, driving up rents and occupancy rates. And greater availability of financing -- a key goal of the Obama administration -- could lift property values. Briefing.com


This may have already been posted, if so apologies...


WASHINGTON (MarketWatch) --- The U.S. economy experienced its most violent contraction in a generation during the fourth quarter, with real gross domestic product plunging at a 6.3% annualized seasonally adjusted rate, the Commerce Department reported Thursday in its third estimate of quarterly growth. The slump in the economy was broad based, with declines in every major sector except the federal government. Corporate profits fell at the fastest pace since 1953. Final sales to domestic purchasers - domestic demand - fell at a 5.8% annual rate, the biggest drop since 1980. The big revision came from inventories, where a small increase in stockpiles that was originally reported turned into a small decline in the final revision

Source

Also see
GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (Final)
Corporate Profits, Fourth quarter 2008

and
PDF form with charts

From the advance report of 4th quarter GDP reports of -3.8% it was finalized at -6.3%

And this quarter is coming to a close in just a few more days

[edit on 3/26/09 by redhatty]



posted on Mar, 26 2009 @ 09:44 AM
link   
reply to post by Hastobemoretolife
 
You need more Coffee!!!


GDP Rev 6.3% lower from 6.2%
UE Rev 654k higher from 644k

Good try though!


Bank of Japan's Tankan Survey May Tumble to a 30-Year Low on Export Crash
www.bloomberg.com...

French Consumer Confidence Remains Near Record Low on Worries About Jobs
www.bloomberg.com...

Consumer, Business Confidence Drop in Germany, Italy as Recession Deepens
www.bloomberg.com...

Italian Economy Will Contract 3.5%; Debt to Rise, Confindustria Forecasts
www.bloomberg.com...

Berlusconi Tells Unemployed to `Find Something to Do,' Corriere Reports
www.bloomberg.com...
Right...
Find "something" to do???

Can anyone say buy Pitch-forks & Torches?


[edit on 3/26/2009 by Hx3_1963]



posted on Mar, 26 2009 @ 09:59 AM
link   
I just heard something on CNN live that really bothered me. The gentleman from Texas said that, and I'm paraphrasing, 'There will be naysayers, but we have to ignore the criticism and do what we know is right for the people and the country.' This was in regard to at-will nationalization of AIG and "too large to fail" organization.



posted on Mar, 26 2009 @ 10:02 AM
link   
U.S. ongoing jobless claims rise 122,000 to record 5.56 mln


WASHINGTON (MarketWatch) -- The number of people collecting state unemployment benefits has reached yet another new record, jumping 122,000 to a seasonally adjusted 5.56 million in the week ending March 14, the Labor Department reported Thursday. The four-week average of these claims rose 123,750 to 5.33 million, also a new record. For the week ending March 21, first-time claims for benefits rose 8,000 to 652,000, a level that is 78% higher than the same period in the prior year. The four-week average of these initial claims fell 1,000 to 649,000. The insured unemployment rate - the proportion of covered workers who are receiving benefits - rose to 4.2% from 4.1%, reaching the highest level since May 1983.


Yahoo's take on it



posted on Mar, 26 2009 @ 10:02 AM
link   
Anyone listening to the hearings?

I could swear I just heard TTT & a Cong Mem talking about global over sight on all this...global this, global that...

...and agreeing with each other...

...seems we might be in fer a IMF SDR???

[edit on 3/26/2009 by Hx3_1963]



posted on Mar, 26 2009 @ 10:08 AM
link   
reply to post by Hx3_1963
 


Breathe

Remember

It's just a Dog & Pony Show

We have lost control, the Keynesians are running the asylum

Grasp this concept:

Buying our own treasuries: Paying other people interest to loan ourselves money we don't have.

It's the beginning of the end game


Seriously - in between hearings, our Senate is working on very important things:
Senate reviewing how college football picks No. 1

Everyone from President Barack Obama on down to fans has criticized how college football determines its top team. Now senators are getting off the sidelines to examine antitrust issues involving the Bowl Champion Series.

The current system "leaves nearly half of all the teams in college football at a competitive disadvantage when it comes to qualifying for the millions of dollars paid out every year," the Senate Judiciary's subcommittee on antitrust, competition policy and consumer rights said in a statement Wednesday announcing the hearings.

Under the BCS, some conferences get automatic bids to participate in series, while others do not.

Obama and some members of Congress favor a playoff-type system to determine the national champion. The BCS features a championship game between the two top teams in the BCS standings, based on two polls and six computer ratings.

Behind the push for the hearings is the subcommittee's top Republican, Sen. Orrin Hatch of Utah. People there were furious that Utah was bypassed for the national championship despite going undefeated in the regular season.

The title game pitted No. 1 Florida (12-1) against No. 2 Oklahoma (12-1); Florida won 24-14 and claimed the title.

The subcommittee's statement said Hatch would introduce legislation "to rectify this situation." No details were offered and Hatch's office declined to provide any.

Hatch said in a statement that the BCS system "has proven itself to be inadequate, not only for those of us who are fans of college football, but for anyone who believes that competition and fair play should have a role in collegiate sports."

In the House, Rep. Joe Barton of Texas, the top Republican on the Energy and Commerce Committee, has sponsored legislation that would prevent the NCAA from calling a football game a "national championship" unless the game culminates from a playoff system.


Like What could be more important than this???

See my sig folks

[edit on 3/26/09 by redhatty]




top topics



 
189
<< 177  178  179    181  182  183 >>

log in

join