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

reply to post by Rockpuck


Don't forget that Citi was infused with cash during the 2007 and lets thanks the Saudis and Dubai for their investments in it.

I believe China and Singapore also have some money invested in Citi.

I guess that will be enough to think that our Government will not let Citi die after all it has to keep our friends happy.

The administration is socialist and taking peoples money to buy bigger government, yet the government is doing nothing to stop the Wall Street bloodletting.

Unemployment shatters expectations and falls in at 8.1% - worst since 1983. Never mind the fact that they count unemployed differently now compared to 1983... it is much worse this time. Futures are up.

Wow, I passed out last night and woke up in bizzaro world! Now I'm dizzy from spinning in so many circles....

reply to post by redhatty


Yes I saw that while drinking my coffee this morning.

I have been telling the same thing, since the first cash infusions after the bubble crash in the housing in July 2007 we have been in a recession.

But as usual because politricks and elections the official acknowledge of that fact was delayed.

Right now many experts feel that the Depression is already here, but it will not be talk about until perhaps the end of the year but could be as early as August of this year.

I wonder when the Unemployment numbers will start to be manipulated to avoid a panic attack in the population.

reply to post by nydsdan


Yeah you are right one of the problems I have with the Obama administration is the irresponsible spending that he is proposing with not solution to the problems that are affecting the economy.

He believes that outrageous spending and increasing government to the point never seen in history in order to provide employment is going to make everything peachy.

BUDGET BACKLASH: Thousands Rally At City Hall

wcbstv.com...

A massive budget backlash came to lower Manhattan on Thursday. Tens of thousands of New Yorkers marched on City Hall, rallying to stop proposed funding cuts. The rally cries of labor unions, community groups and families outside City Hall could be heard throughout lower Manhattan. Desperation for an economic lifeline brought out more than 50,000 people along several blocks of Broadway in a self-described "Rally For New York."

reply to post by St Udio


You know what bothers me the most with AIG that this institution was been brought on Fraud charges back in 2000 and it wasn't until 2008 that the companies fall guys got a day in court.

Still after the fact that they were committing fraud the investigation didn't even foresaw the biggest fraud that they were working already on that cause them to fall now.

Now they are under investigation again.

I wonder.

reply to post by DangerDeath


I am starting to wonder when all this upset people rallies will start popping all over the nation.

Still as things get worst I can already see that bill that has been sitting on congress been passed.

The homegrown terrorist bill, somebody has to put all those citizens in place, how dare they protest during this economical crisis.

I wonder. . .

Simultaneous rallies were also coordinated in cities around the state on Thursday, including Albany, Buffalo and White Plains.

This did not hit the MSM, did it?

reply to post by DangerDeath


No, this the first news so thanks for taking the time to bringing this on ATS and this forum.

I believe that the tea party rally did got some news spot.

reply to post by marg6043


Just to be fair, I got it from George Ure's site.

Originally posted by marg6043
I wonder when the Unemployment numbers will start to be manipulated to avoid a panic attack in the population.

They already are. The U(6) numbers (which include "marginally attached" workers) is already over 16%.

If, heaven forbid, U(6) reaches 30% (like Denninger predicted), then official numbers would only be at 15%. I'd like to think that the masses would catch on at this point, when they looked around and saw that one out of three people had no job. Here in Michigan, most of us are well aware of the fact that our unemployment is a lot higher than 11%.

March 6 (Bloomberg) -- U.S. stocks advanced after a government report showed the rate of job losses slowed last month, reducing concern that the recession is worsening, and Wells Fargo & Co. cut its dividend to save cash.

Link

Let me get this straight, the unemployment numbers went from 7.6% to 8.1% and we are calling that 'leveling off'?

WOW!

I think somebody spiked my coffee with acid this morning because up is down and left is right.

Last night there was a report on drudge about 50000 people marching in the streets of New York. That's the only thing I saw about civil unrest.





How about that rally at the open!

Last night there was a report on drudge about 50000 people marching in the streets of New York. That's the only thing I saw about civil unrest.





How about that rally at the open!

I want to finish explaining my "paradigmatic" change idea:

With all the CPU power at their disposal, and already existing infrastructure, they (TPTB) must be going for socialistic planned economy. I think that the lure is too big for them (pathological megalomaniacs) to resist it.

I suppose you all know that socialist systems relied mostly on heavily imposed ILLUSION (projection) of a functional system, rather than on reality.

The paradigmatic shift for the PTB will be only in this respect: communist elite never really bothered about money, because they had PRIVILEGES.

Since what we are observing right now is total destruction of money run economy, I think it is logical to consider a scenario of this kind.

George Orwell described such a world in his "1984", only on a very reduced and simplified model. But imagine what modern electronics can do to "enhance" such a morbid picture.

+140. Problem solved, economy fixed, time to BUY!
That dead cat was made outta rubber!

I find it COMPLETELY amazing... and mind numbing how the market can GO UP - when unemployment has GONE UP??

What is happening here??

This is crazy, it is the SAME THING as last unemployment numbers came out.... market went WAY UP that day!

Where is the sense in this? I just don't understand!

Soooo....16% of our labor force is unemployed or underemployed, and the this is the initial resposne:

Dow 6,726.74 +132.30 (2.01%)
S&P 500 696.28 +13.73 (2.01%)
Nasdaq 1,316.32 +16.73 (1.29%)

as of 9:49.



Are there any rumors floating around, that could be pumping things up?

Here is the water cooler boys and girls......

WOW they said unemployment could be anywhere from 500,000 to 800,000 in further losses! Man we better sell off some stocks to make up for the losses...

.next day at the water cooler.....

OH MAN! We only shed 651,000 jobs that is no where near the 800,000 they thought we might hit! RALLY TIME!

Do you get it now? Yeah their idiots but hey they are well paid idiots and well we aren't.

reply to post by questioningall


Remember that in our markets even the bad news are good business for some.

That tells you about what is going on and how manipulated the markets are.

I just wish I knew who is behind all this and not just the conspiracies theories that circulate around as who they may be.

Is despicable.