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

I think airlines are about as bad at making a profit as about anything in this world.

Although, nothing beats buying dips in an overextended bull market that doesn't look down. I'd rather speculate into Citi through before I risked a dime on an airliner.

reply to post by marg6043


Remember, no matter what you hear in the media, China relies on us far more than we rely on them. We own them as they BUY OUR DEBT, not the other way around.

We can finance this debt in many ways if China was to drop its buying tendencies. For evidence of this see new tax hikes for the richest 1% coming soon to a theater near you.

reply to post by GreenBicMan


You keep forgetting one littler thing, America doesn't even belong to Americans anymore, remember we don't produce and only spend.

The markets has become an entity separated completely from the regular citizens and mostly unemployed in the nation.

In our nation we are living in two worlds, those that thrive at the top at the expenses of the ones suffering and struggling in the bottom.

As for China while America now is becoming stagnate on technology they are to become the new world leaders, even our space programs will be taken over by China, Russia and others

America is disintegrating one piece at a time, that is what our debtors wants, to take over everything that once used to be America and become the world leaders.

And as for taxing the rich that is nothing but BS, the only ones in this nation that are carrying the burden of the nations debt is the last hard working tax payer still holding a meaningful job, that is the way it has been all along and nothing is going to change, just less taxable income to splurge by the government.

The HCR is nothing but another mammoth tax payer sucker in the nation and perhaps the last drop on the nations deficit before hitting bottom and reversing the nation to pre colonial times, when the sick were said to be touch by the devil and burn to death.

reply to post by marg6043


Well you are coming from a vantage point that I do not really agree with. But we already knew that.

I have no qualms with what you say other than China specifically "owning" us through debt purchases.

Originally posted by GreenBicMan
reply to post by marg6043

 

Remember, no matter what you hear in the media, China relies on us far more than we rely on them. We own them as they BUY OUR DEBT, not the other way around.

We can finance this debt in many ways if China was to drop its buying tendencies. For evidence of this see new tax hikes for the richest 1% coming soon to a theater near you.

As per the latest TIC data, China has pretty much stopped buying our debt!

As far as taxing our way to prosperity, as Winston Churchill said, 'It's like standing in a bucket and trying to lift yourself up. Besides, it's been pointed out countless times that even at 100% taxation the gov't cannot balance its books.

There's only one thing left to do, print money, and if you think that's a good idea then you need to spend some time studying history. Since inflation is a tax, and 100% taxation wouldn't balance against the real obligations of this country, how can inflation fix that problem? What does more than 100% tax look like? You tell me.

reply to post by HimWhoHathAnEar


I already explained how to beat inflation by about 1000% a few posts up. Inflation doesn't bother me.

The job of the government is to fail. And inflation is a tool to make poor people even poorer.
Why would we be bothered by it?

The banks, the criminals, are asking the supreme court to not audit the FED...

So basically the MURDERERS AND THIEVES are asking THAT WE TRUST THEM?

Fed Shouldn’t Reveal Crisis Loans, Banks Vow to Tell High Court

Now if the Supreme Court sides with the FED, it will a MASSIVE PROOF that the SUPREME COURT, THE EXECUTIVE and LEGISLATIVE branches of government is infested by the biggest scum ever! ARREST THEM!!!!!!

And that piece of **** Bernanke saying that the debt to GDP will reach 100% in 2020! WHAT A JOKE. IT'S GONNA REACH THAT in 2010 YOU FILTHY LIAR!

[edit on 16-4-2010 by Vitchilo]

I would imagine that this scenario will seriously affect the markets

Greece May Spur German Rethink, Morgan Stanley Says (Update1)

April 16 (Bloomberg) -- Germany might consider exiting Europe’s current monetary union to create a smaller bloc as the Greek crisis threatens to turn the euro area into a region of “fiscal profligacy,” Morgan Stanley said.

Greek rescue measures “set a bad precedent for other euro- area member states and make it more likely that the euro area degenerates into a zone of fiscal profligacy, currency weakness and higher inflationary pressures over time,” said Joachim Fels, co-chief global economist at Morgan Stanley in London, in an April 14 note. “If so, countries with a high preference for price stability, such as Germany, might conclude that they would be better off with a harder but smaller currency union.”

Most Europeans are busy watching all the airspace closed news and haven't seen this information elsewhere. I imagine that if this happens then it will be pretty dire for the European countries that are already in serious trouble - Spain included.

WOW

SEC charging GOldy with FRAUD!

Who would have thought this would actually happen?

Originally posted by GreenBicMan
WOW

SEC charging GOldy with FRAUD!

Who would have thought this would actually happen?

I would

Now, he can hope his money will pay enough lawyer fraud to save him from shame (like he cares)...

BTW, is all the blue (red) numbers caused by this??? Oil down almost 3%, etc.



[edit on 16-4-2010 by DangerDeath]

Ah...what a lovely day...

Stocks tumble as Goldman charged with civil fraud
hosted2.ap.org...

I can smell the smoke form here!

Banks 54.66 -2.05 -3.61% 13:24

Nikkei 225 11102.18 -171.61 -1.52% 15:29

Thailand 736.16 -24.74 -3.25% 16:59

Russia 1642.57 -33.70 -2.01% 04/16

Paris 3986.63 -79.02 -1.94% 18:11

Austria 2733.08 -57.46 -2.06% 17:35

Finland 7242.36 -144.88 -1.96% 18:30

Italy 23550.52 -499.07 -2.08% 17:40

Spain 1165.91 -26.29 -2.21% 17:37

Portugal 2789.35 -65.32 -2.29% 17:08

United States 10995.76 -148.81 -1.33% 13:24
NASDAQ 2477.39 -38.30 -1.52% 13:24
Rus 2000 713.05 -11.16 -1.54% 13:23
S&P 500 1191.05 -20.62 -1.70% 13:23
Gold & Silver 167.40 -5.66 -3.27% 13:24
PreMetals 346.30 -10.59 -2.97% 13:20
Gold GOX 195.10 -6.45 -3.20% 13:09
Gold Bugs 424.51 -13.80 -3.15% 13:23

And now Cramer rides in to protect his Masters!

GS Goldman Sachs Group, Inc. (The) 163.06 2:01PM ET Down 21.21 (11.51%) 935%

DB Deutsche Bank AG Common Stock 74.88 2:01PM ET Down 6.84 (8.37%) 642%

[edit on 4/16/2010 by Hx3_1963]

reply to post by GreenBicMan


yeah but its only a civil suit and goldman denies everything... nothing is going to come of it.. except maybe a war..

reply to post by TheCoffinman


The more I keep hearing, the more actually I think the SEC isn't going to win this.

Also markets are rebounding as I type this.. should be interesting anyway

SP 500 Futures up 10 points already from the bottom


[edit on 16-4-2010 by GreenBicMan]

Yes, but Angela Merkel said... and it is all because GS played his little game with Greece. It is not going to go away just like that. Maybe, Greece will have to sell its islands after all. Maybe the British will sell theirs too

reply to post by GreenBicMan


I knew about the whole thing, actually I got an E-mail on the subject a while back.

Now I got another letter telling me to support taking over the banksters and petition for congress to do so. . .

Yes I thought it will never happen, surprise, surprise. . .



[edit on 16-4-2010 by marg6043]

the SEC move is from a toothless tiger... shooting across the bow of the luxuryliner SS GoldmanSacs...

its just 'posturing'...throwing the masses a 'bone'

GS will continue to be the maestro in creating the derivatives market(s), which the Fed/Treas/Gov't all go up to to drink from that trough of plenty...

zerohedge
twitter.com...
www.zerohedge.com...

New post: Talk From The Pits: Goldman Sold 1,000 Large S&Ps Earlier

reply to post by marg6043


I don't know what exactly all the details are but I am indeed surprised that

1) This actually came out

- and NOT suprised that

2) This came out when fin. regulation is getting hot to sway more votes


i always say people do things for other reasons that don't seem apparent... this could def. be one

reply to post by GreenBicMan

Remember, no matter what you hear in the media, China relies on us far more than we rely on them. We own them as they BUY OUR DEBT, not the other way around.

True, but not because they buy our debt.. they only reason they buy our debt is that if they didn't... they'd have nothing to invest their money into, and it would depreciate. China hates out debt.. it's cheap, and they get negative profits (inflation exceeds yield) .. If they stopped buying our debt, the economy would probably crash, and we wouldn't buy their plastic crap anymore..

but technically speaking, China exports more to Europe than the US .. we just hear about China/US more often because Europe has a much larger manufacturing base, so their export/import ratio is not as bad as the US. the European Union is actually the largest economy in the World.

And we pretty much already do finance more than China.. the Federal Reserve has been the largest purchaser of Tbills during the recession. It amounts to printing money.. but the yield is, when matured, sent to the Treasury and destroyed (a mechanic of inflation control)

I already explained how to beat inflation by about 1000% a few posts up. Inflation doesn't bother me.

Bothers me.. and whenever we see the stock market irrationally excel, particularly before job creation, we know that we are due for a period of higher than normal inflation. As recent as 2003 there is evidence for this.. so we see the stock market going up up and away, expect inflation to follow in it's wake. Which im not complaining to much about, I'm really pulling for a nice rebound on my house in the next few years.

And no the SEC won't win the case against Goldman.. if the Sachs lawyers don't eat the SEC, the SEC will get gang raped by the Fed, Treasury and the Economic Council.