It looks like you're using an Ad Blocker.

Please white-list or disable 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: 706
<< 703  704  705    707  708  709 >>

log in


posted on Jul, 30 2010 @ 08:44 AM
reply to post by curioustype

Also the government in Greece is facing a lot of corruption charges in sex scandals, using the peoples money to finance sex phone calls cards.

posted on Jul, 30 2010 @ 08:56 AM
reply to post by marg6043

Mmmmm Nice! Does make you wonder how long that government can continue to quash or survive public disapproval, and it must have an impact on investor confidence?

I am quite amazed at how much you have to search around for this news in the MSM, given how much attention Greece was getting only recently. I know this could be viewed as simply just another strike (farmers, truckers...), but look closer and they appear to require increasingly desperate measures from the government, with varied amounts of success (e.g. I think the truckers ignored that order back to work), and yet they seem to hope that tourism will help pull them through?

Can you imagine a nationwide trucker strike in the USA? We had a similar event in the UK some years ago, targeting fuel supplies, it got quite nasty and affected all car/van users for a few days...

posted on Jul, 31 2010 @ 07:28 AM

Originally posted by St Udio
i suspect the market will react negativly to the GDP lack of growth report just released...

can only spell a triple digit loss on the DOW today [typical reactionary impulses] my guess at closing is ~10,358.86 (or even lower)


Final calls and real-time rankings are posted each trading date at 1:00pm ET.
DATE 07-30-2012
CALL 10462.27
CLOSE 10465.94
RANK: 97

as you see, my actual call for DOW close was 10462.27
not anywhere near the 10,358 in the earlier post...
so therefore, the fickle behaviors of the masses are not 100% scripted
or easily devined

[edit on 31-7-2010 by St Udio]

posted on Aug, 3 2010 @ 04:34 PM
I was just calculating the US deficit and it was funny as hell.

Predicted US deficit for 2010 : 1.17 trillion.

Actual, as of August 2, 2010 deficit for 2010 : 1.376 trillion.

So... in order to be right, the US would have to do a 206 billion surplus in the next two months.

But according to the previous years, August and September were bad...

1993 : 50 billion deficit
1994 : 46 billion deficit
1995 : 19 billion deficit
1996 : 51 billion deficit
1997 : 51 billion deficit
1998 : 13 billion deficit
1999 : 14 billion deficit
2000 : 22 billion deficit
2001 : 100 billion deficit
2002 : 57 billion deficit
2003 : 77 billion deficit
2004 : 93 billion deficit
2005 : 63 billion deficit
2006 : 70 billion deficit
2007 : 149 billion deficit
2008 : 568 billion deficit
2009 : 251 billion deficit

So... no way IN HELL that the US makes a surplus for the next two months. The deficit for 2010 will probably be around 1.5 trillion... better than the 1.78 trillion of 2009... but still worse than the 962 billion deficit of 2008.

Wheat prices rise by 50%
Yeah no inflation there at all.

Another great idea from someone in the senate...let's pass sanctions on Russia and China
Let's forget that American credit comes from China.

100 worst stimulus spending...including coc aine for monkeys

Q2 GDP drops again...

Final economic war has begun, rating agencies have started downgrading each other
And that means that once they are junk, there will be no one to rate the products and there will be no security to there will be no one willing to trade blindly.

The final step towards BOOOOOOOOOOOOOOOOM.

[edit on 3-8-2010 by Vitchilo]

posted on Aug, 4 2010 @ 01:08 PM
Everyone is still talking about doom n gloom here?! I haven't been on ATS in a week so I haven't heard anything. But, I was able to live my life without any fear and didn't even think about the economy. I don't think its going to crash anytime soon. Work for people here (in canada) is getting busier and busier, especially in construction. Everything has improved dramatically in the last couple of years, so I'm gonna have to say the economy is on the rebound. I don't get where all this doom and gloom is coming from.

posted on Aug, 4 2010 @ 01:25 PM
reply to post by xxshadowfaxx

Hmmm... facts and macro-economic data and economic theories that have been right in the past.

Doesn't mean because you don't know the facts the economic crisis is over.

Not to be rude but when the final crisis finally hits, the businesses you say are so good will have existential troubles within weeks if not days.

You do know that half of Canada's GDP are exports and that 90% of those are to the US right?

What happens when that dies?

[edit on 4-8-2010 by Vitchilo]

posted on Aug, 4 2010 @ 04:11 PM

Originally posted by xxshadowfaxx
Everyone is still talking about doom n gloom here?! I haven't been on ATS in a week so I haven't heard anything. But, I was able to live my life without any fear and didn't even think about the economy. I don't think its going to crash anytime soon. Work for people here (in canada) is getting busier and busier, especially in construction. Everything has improved dramatically in the last couple of years, so I'm gonna have to say the economy is on the rebound. I don't get where all this doom and gloom is coming from.

You better stop watching CBC,CTV CP24 or whatever news you must be watching.

Work for people here (in canada) is getting busier and busier, especially in construction

There are limited jobs in construction

Work for people here (in canada) is getting busier and busier

Can you provide some facts then?

Everything has improved dramatically in the last couple of years

you must be joking right?
this whole rescission started a couple years ago or at least it was moving into that.

I don't think its going to crash anytime soon.

You know the media will never say to its sheeps that the media will crash its bad for business.

You should re read this whole thread, so you will know what is really happening.

posted on Aug, 4 2010 @ 04:19 PM
Yeah where I live there's lots of construction projects. Lots of people are moving here...

One good news.... it seems the states are saved!

Senate Vote Clears Way for $26 Billion in Aid to States

Let's add that to the credit card! States that are responsable paying for the others like California... nice.

And about California, the democrats presented a budget that Swarzi said was dead on arrival because of the tax raises in it that amount to around 4 billion. The state is still in deficit of around 20 billion for 2011...

When CHINA'S Stress tests are less BS than the Europeans and American stress tests... that tells you how far gone we are as a society.

Chinese Banking Stress Test Assumptions Imply Chinese Real Estate May Be Overvalued By As Much As 60%

Chinese officials being more honest than our own... this is just unbelievable.

posted on Aug, 4 2010 @ 04:48 PM
reply to post by Vitchilo

So in other words your not buying into the whole country is rebounding right?

posted on Aug, 4 2010 @ 04:50 PM
reply to post by Agent_USA_Supporter

Not at all. The whole thing is a ponzi scheme. Once there's no more money feed into the system or the ponzi is exposed to enough people in it, it's gonna be over in a few days. I'm sure Madoff is proud of Bernanke.

Canada, where I live, on the other hand is still in good shape... for now.

This whole China stress test being more honest than ours really struck with me... when our governments are more corrupt and bigger liars than China's government, I think we can safely say that we are screwed.

Thing in China lie about the stress tests and your lies are uncovered, and the whole system goes to crap, you get executed. In our west, when you do the same thing, you get a nobel prize in economics or man of the year on Time Magazine.

While on the US border with Mexico...
Mexico looks to legalisation as drug war murders hit 28,000

28.000 deaths... and it's been talked about in the news so little. It's 10 9/11... or 20 Katrinas... but eh it's Mexicans and it's only on the border...

[edit on 4-8-2010 by Vitchilo]

posted on Aug, 4 2010 @ 09:45 PM
reply to post by xxshadowfaxx

Doom and Gloom? If that's how your brain is interpreting the multitude of FACTS that are posted here through numerous links everyday, then why project it onto the message bearers? I think that most of the people posting all these news articles are actually very positive people. They're able to take on all the possible outcomes and make informed decisions.
You on the other hand will only face things the way you wish for them to be. That's negative IMO, because if things don't turn out like you hope, then you might just lose it or something. Besides, you're on record like 20 times in this thread saying the exact same thing. Me thinks thou dost protest TOO much! Very revealing. People who really don't believe something have the luxury of not really giving a rip.

posted on Aug, 5 2010 @ 06:26 AM
reply to post by Agent_USA_Supporter

Only a fool will think that the markets making head lines once or two times a month is signs of recovery when unemployment is still at a record high.

GDP is still in a mess even with government manufactured numbers and China is about to surpass US as an economic power.

Then let no forget the November mid term elections, markets better look good with all the tax payer money that has gone to keep them afloat and for bailing out the too big to fail wealthiest in the nation

posted on Aug, 5 2010 @ 06:34 AM
reply to post by Vitchilo

The government better give away money to the struggling states if they want to get any votes in November, but this money that is been allocated for the states is going mostly to pay for union workers.

The crap will hit the fan once mid term elections are over.

posted on Aug, 5 2010 @ 06:44 AM
So outsourcing is coming back to bite companies, due to the extra expenses that they have to incur do to poor quality and delays of services.

Companies That Outsource Are More Likely to Fail

Companies that outsource critical components are more likely to fail, according to a new study conducted by Lyda Bigelow, business-strategy professor in the University of Utah’s David Eccles School of Business.

Well it seems that trying to make an extra bucks while using cheap manufacturing and slave work force have its down side.

More often than not, in a rush to bolster their bottom line, companies neglect to take into account the costs associated with poor quality, delivery delays and price increases by suppliers and instead focus solely on production costs.

It seems that statistics show that in the last decade outsourcing is costing more than expected when dealing with manufacturing mistakes.

Big manufacturing companies while saving in the short terms and boosting profits are seen loses when it comes to long term manufacturing blunders later on down the road.

posted on Aug, 6 2010 @ 06:57 AM
just wanted to link this important article...wth a few snips:

TER: How long does a hyperinflation environment typically last?

JW: I guess it depends on how comfortable people can be in the environment. It went on for a couple of years in Zimbabwe, but they were able to function. Here, in a system that can't function well with it, it's not going to last too long. You won't have a usable currency. It's likely a barter system would evolve, and if it became stable and functioned well, it could last for a while. People don't want to starve. If that's a real risk, they will take action to protect themselves. We may have rioting in the streets. The government might declare martial law. If people can live comfortably with hyperinflation it would tend to linger. The more difficult things are, the faster people will move to remedy it.

TER: Well on that note is there anything that we can do as voting citizens to turn this around? Or minimize the impact?

JW: If things break slowly enough that people can see what's coming and respond, tremendous change may result from what comes out of elections. Incumbents are going to have a rough time. The circumstance is open for the development of a major third party that could knock out either the Republicans or the Democrats as a second party. Over time, pocketbook issues tend to dominate elections. If things are going well, if people are prosperous, they ignore the corruption in political circles as being just part of the system. But when they're hurting, they turn out the bastards and look to put in some change. We sure need change. I can tell you that. It's not just one party. Both major parties have an equal share of guilt in what's unfolding. . .whichever one is in power keeps making it worse.

TER: Not very happy thoughts, John, but we appreciate your insights and look forward to talking with you again as we move through these trying times.

Walter J. "John" Williams, is a Baby Boomer who has been a private consulting economist and a specialist in government economic reporting for more than 25 years, working with individuals and Fortune 500 companies alike.


6 months to a year outside, barter goods,
perhaps using Canadian coins together with USA coin to strike deals that cannot be bartered ..


i also noted in the Q & A's that Mr Williams sees the stock markets as being disassociated with the approaching hyper inflation & systemic collapse into depression (-10% negative GDP)
vs. great-depression (-25% negative growth)

posted on Aug, 6 2010 @ 07:49 AM
reply to post by St Udio

I remember the barter back in the 60s in my Island, you will go into the open market places and things will not have set prices on them, so the barter will take place.

It was kind of fun in the eyes of a child like me during that time.

posted on Aug, 6 2010 @ 04:55 PM
reply to post by Vitchilo

I had thought Clinton had a year of Surplus in there? Anyways..

Commodities do not show Inflation, they show Deflation. That is, they generally (the likes of foods especially, but also Oil and Gold) increase as buying power decreases -- deflation leads to perceived "inflation". While it's an inflation of price, it's a sign of over all deflation.

Which is far scarier...

posted on Aug, 6 2010 @ 08:19 PM
reply to post by Rockpuck

Right, since commodities are real and paper is well, paper. That's why the inflation/deflation thing is hard for many to understand.

Just like a dollar 'devaluation' which sounds to many like a deflationary event is actually an inflation of the currency. Which of course is actually 'default' on debt. Because at the end of the day that which cannot be repaid, will not. Which is why we will need inflation/debt default to get us out of this mess.

The main problem I see is the ongoing deficit. Regardless of how we default on the unpayable debt we already have, how do we expect to keep borrowing after it happens? We are utterly delusional at this point and something wicked this way comes.

posted on Aug, 6 2010 @ 10:04 PM

Originally posted by Rockpuck
reply to post by Vitchilo

I had thought Clinton had a year of Surplus in there? Anyways..

Those numbers were only for August/September of those years. Maybe he did surplus for the others months that amounted to a total surplus...

But you know government, lying about everything, especially economic numbers... so I wouldn't be surprised if Clinton surplus were BS.

posted on Aug, 6 2010 @ 10:21 PM
Not a single person on Earth can trust what the US Govt. is saying about the economy right now. Elections create a false reality where cover-up and manipualtion of the truth are not only common, they're expected!

It makes me laugh that anyone can trust a word any government says, none of them saw this coming, and yet all of them suggest they have a solution.
So where were all the people creating these supposed solutions when the problem was on the horizon?

It's now clear to all of us (now that we've been shown how crazy the entire financial game had become) that the system was not sustainable, yet each government let it run and run. That should be enough to tell any sane Human that their government is either: a) corrupt, b) incompetent or c) both!

Never before has any economy experienced such an immense level of debt and insecurity. The fact that we haven't yet seen a currency collapse is not because the policies are working and that our gormless governments have magically found a solution to a problem that they didn't have the intelligence to see coming in the first place, it's because it's been covered up by fake financing and bogus stimulus bubbles.

Seriously, any person who still thinks there's a recovery and that it's because of the quick and clever actions by any government, are either completely insane or just extremely ignorant of the basic facts.

new topics

top topics

<< 703  704  705    707  708  709 >>

log in