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

reply to post by Chevalerous

You guys may want to call me insane and pure crazy, but I just did almost all in on my Americican investments!

That was really sensible.

(PS Investment advice is against the Ts&Cs. That kind is especially against the Ts&Cs — even if only implied.)

My personally belifies is that a rally is about!

The Dow is at 12293.85 and you expect a rally?!

reply to post by pause4thought


Sorry man! just my speculations!

Are we not allowed to speculate anymore

But, seriously, I understand what you mean!

BUT! from an European perspective the "up side" for us is the US market right now!

There's two rumors running around...

Greece will default on March 12... and they will let Jon Corzine get away with the money he stole from MF Global.

reply to post by Chevalerous

...the "up side" for us is the US market right now!

Do you believe in Santa Klaus?

Europe is certainly no haven, though. Can you believe the Governor of the Bank of England just said this:

King: 'We're too reliant on central banks'

As you tuck into your turkey this Christmas, take a moment to consider the plight of pinstriped eurocrats, locked in their offices, staring dejectedly out of the window until they come up with a way to get banks lending and people spending – and generally save Europe...

But in reality it's no laughing matter:

...Bank of England governor Mervyn King probably didn’t help their cause yesterday, when he said that the debt crisis is causing a worrying dependence on central banks. King said the crisis had been deepened by what he calls ‘negative interlinkages’ (the way that cross-holdings between banks can mean a problem with one is a problem with all), and that Governments’ dependence on the BoE, the European Central Bank, etc, are a sign that ‘stressed financial conditions are passing through to the real economy’.

King made the comments after a meeting of the European System Risk Board, and just over a day after the ‘Sarko trade’ (so-called because the French president is a big supporter), whereby the European Central Bank lent €489bn (£407bn) to 253 European banks in an effort to increase liquidity. The idea is that when Governments run into trouble, they can borrow from their own banks, rather than turning to central banks for help.

But economists have expressed concerns that while that’s a good short-term solution, making banks lend to Governments that may or may not be able to pay their debts puts them in a much riskier position in the long-term. Markets, though, seemed satisfied, with the French CAC, the German DAX and the FTSE all rising by between 1% and 1.36% (although to be fair, it’s generally accepted that the markets are more fickle than Simon Cowell at a school talent show, so they’re not necessarily reliable)...

Full article

reply to post by Chevalerous


Yesterday the markets broke through some major resistance levels so yes this is very bullish and I wouldnt be surprised to see more rallying.
However, the economy is so fragile and anything could come out in the news which will send the markets back down.
Be Careful!!

I'd be short term bullish at best, but certainly not long term.

thought i would link a pretty good article source...a Hawiian news outlet

hawaiinewsdaily.com...

July 19, 2011
By Michael Snyder

Can you smell it? There is blood in the water. Global financial markets are in turmoil. Banking stocks are getting slaughtered right now. European bond yields are absolutely soaring. Major corporations are announcing huge layoffs. The entire global financial system appears to be racing toward another major crisis. So could we potentially see a repeat of 2008? Sadly, when the next big financial crisis happens it might be worse than ...

of course the topic is appropos... there is another article they published, maybe even linked on te above page, It's about the 40 items that prove America (USA) is in decline



thanks, & happy week before New Years

reply to post by pause4thought


Is interesting to see how the big banks took over, with the help of governments and propaganda they made countries and consumers addicted to them, dependent for everything from pay roll deposits to mortgages, credit cards and loans, governments baste in the ability to enslave the consumers and their own economic system.

But now the addicts are now sucking the blood out of the banks and countries government along with them, too much output and not much input.

The same system that created debt will die because of debt.

Poetic justice . . .

Japan to enter dollar swap agreement with India

The Japanese government is considering a dollar swap arrangement with India to provide emergency liquidity in case the European debt crisis reaches emerging economies, the Nikkei business newspaper said on Sunday.

The agreement would set the total swap arrangement at $10 billion, or 780 billion yen, the Nikkei said.

Both countries are looking to sign off on the arrangement next Wednesday, when leaders meet at a bilateral summit, the paper said.

The currency swaps are expected to support the Indian rupee as it continues to weaken against the greenback and Europe's sovereign debt crisis hits India's exports.

The dollar-swap arrangement with India would follow a similar agreement with South Korea in October.

Not sure what this means exactly but I query, is this a move away from the USD reserve currency?

reply to post by surrealist


This will be interesting, when we all know that japan is been already in the negative worst now that before it got hit with the last natural disaster and the nuclear crisis after.

Japan is hurting more than people think they are.

U.N. passes leaner 2012-2013 budget amid economic turmoil

The U.N. General Assembly on Saturday approved a 5 percent decrease in the United Nations' budget for 2012-2013 over the previous two-year period, only the second time in 50 years that the world body has slashed its spending.

U.N. Secretary-General Ban Ki-moon praised the 193-nation General Assembly for reducing costs at a time when governments around the world are cutting expenditures and implementing austerity measures in response to the global financial crisis.

just a FYI post. info you have already suspected but just were waiting for the official announcement...



www.spiegel.de...

The European Central Bank has launched the biggest lending operation in its history, and banks pounced on the offer on Wednesday, borrowing almost a half-billion euros for three years at a low interest rate. Governments hope the banks will use the cash to buy sovereign bonds, but critics warn the ECB's strategy is risky and could stoke inflation.

the ECB will be using the USA Feds playbook on bailing out the banks.


all they need to do is keep the cash & liquidity out of the hands of the population...

the USA banks do this in two ways.... excess reserves in the Fed
or by speculating in the DOW & NYSE/NASDAQ/HEDGE FUNDS/AMEX/ and costly Derivatives

but they just do not let the Trillions of liquidity circulate in the economy, well more precisely through the hands of small business loans or the like.

notice i say the funds supplied by the Fed , via loans, swaps, facilities, etc are not 'invested' the liquidity the banks have are sequestered in Speculating in Markets... markets that are out of the reach of those so well heeled as the Primary Dealer banks with their direct pipeline to the Fed basket of funds...
just like the ECB is now providing their 20 or so TBTF banks in the EU)

reply to post by St Udio


Hi St Udio. Hope you had a good Christmas.

Some of the issues came out with these posts (see also the page before).

But you are right to highlight the way this type of bailout raises false hopes for the economy. It's the same old pattern: bailout, hope, no lending, no improvement. It all just disappears into the black hole of bank balance sheets...

reply to post by pause4thought


But then again it is in "false hopes" that speculation thrives, sadly this gains are only temporarily, then when economic reality hits is back to the table to concoct the next speculating scam.

I find so interesting how overviews of the economy is not longer seen for long term solutions but rather speculating on outcome (hopes) seems to be the way to invest.

Then when it comes to debt it seems that living month to month on bailout loans to support countries economies is the solution, then again things most be getting pretty hard to come by when now we have entities crafting ways to be able to keep feeding the debt of the countries in trouble.

I can not wait when all the crafting, speculating and concocting comes crashing, you can only speculate so much you know.

The global economy is now nothing but a fictitious manipulated "thing" that is no getting anywhere without more debt and bailout loans.

These bailouts don't exist, they are fake.
They just keep producing them in public speech and nothing else happens.
Hope IS the most rated currency. People will endure anything if they are paid by hope.
Population will have to switch fully to buying cheap Chinese etc. goods. That's the plan. That will simulate consumers society for the next 20 years at least.

Originally posted by pause4thought
[

But you are right to highlight the way this type of bailout raises false hopes for the economy. It's the same old pattern: bailout, hope, no lending, no improvement. It all just disappears into the black hole of bank balance sheets...

the efforts to make the banks liquid is not to raise the Hopes of the people in the economy... that';s just the illusion (which is mostly an after-thought) by the money systems economic propagandists.


the system, as it is, needs the volume of electronic money so the casino game of derivatives can keep operating.
the speculation and OTC derivatives are 'Trillions' big, just about every 'month'...
the other part of the economy that we small folks are concerned with, AKA the 'Jobs & Wages' part of the economy is secondary & small-potatoes to the likes of the NYC-London banking cartel and the Primary Dealers on both sides of the pond.


the Administration, including President Øbama...are the only one's concerned with the standard-of-living economy/jobs of the USA & the GDP...mostly because the tax revenues a robust, fully employed economy creates.
as for the Fed or even Congress...they are great at circular logic and talking in circles (a'la Greenspan-speak)
except when it relates to their own fraud in amassing personal wealth.



i just do not see the Fed action since 2008 nor the ECB (in Frankfurt) generating access to Trillions in either $ or €, by swaps or bonds or creating a great deal of 'leveraged' money thru 3rd parties that were born from the need to circumvent the European Union by-laws regarding the issuing of excessive debt.

None of the actions taken are associated (in my mind) to 'hope' or a 'economic recovery'...it is raw stealing from the masses for the sake of the existing ivory towers of Wall Street & Threadneedle Street (London)

en.wikipedia.org...

Spanish economy minister prepares for a recession

Spain's economy will shrink in the last quarter and faces a bleak outlook for the coming months, its new economy minister said on Monday, heightening fears of a fresh recession.

Luis de Guindos dampened already gloomy expectations for the economy as the new conservative government got to work on its programme of tough spending cuts.

"This quarter the Spanish economy will surely see a downturn and we will return to negative growth," he told a news conference.

"Make no mistake, the next two months are not going to be easy, neither from a growth nor a jobs point of view," he said at a ceremony for his top ministry staff taking office.

The fourth-quarter outlook "is logically going to determine the (economic) profile we will enter in the coming year, which is going to be a relatively slowed-down profile."

The Spanish quoted him later telling reporters that gross domestic product would contract by 0.2 to 0.3 percent in the current quarter. Spain's official growth figure for the third quarter was zero.

Some interesting commentary by Jim Rogers looking forward to 2012....

Jim Rogers 2012 Outlook. Pessimism With Scattered Crises

Lelde Smits: Well what’s holding them [Congress] back then if we have the threat of an imminent crisis, as you say?

Jim Rogers: It would horribly painful to do what’s necessary. The problem Lelde is that the measures that America needs and not just America, many countries but especially America needs, would cause huge pain for a while. But, Lelde, if we don’t take our pain now and we wait until the market forces the pain on us, then it’s going to be you know a systemic collapse.

It’s going to be very, very serious pain; you’re going to see riots in the street. You’re going to see serious, serious problems, maybe perhaps war even. It’s better to go ahead and take the pain now, while it would be terrible for two or three or four years, at least we’d get it behind us and start over.

Hold On Tight: European Bond Issuance In January Is About To Get Very Bumpy

Yes, ladies and gents, the trillions and trillions in total financial, non-financial, government and household debt that are finally coming due will need to find willing hosts wherein to gestate. Alas, said hosts are rapidly disappearing, and as hard as they may try, the global central banks are failing at being willing replacements to the traditional repo ponzi mechanism. But back to the imminent surge in bond issuance of €720 billion which UBS has the following words to describe: "Given the contraction in the investor base for most Eurozone sovereigns on the back of the increased market volatility and spread widening experienced by most issuers, we expect funding conditions to be quite challenging next year. We expect the majority of the issuers to front-load supply in the first three months of the year and to bring to the market a number of new lines with large initial outstanding amounts." Sure enough, enjoy the holidays, because in January things are gonna get very rough: "we expect January to remain the busiest month despite a EUR 5bn reduction in bond redemptions from EUR 63bn in the first month of 2011 to EUR 58bn expected for January 2012. Consequently, net issuance in January is expected to be particularly heavy at EUR 24bn vs. EUR 22bn in 2011." In other words: hold on tight.

Sadly already the countries in trouble and the global banks knows exactly how much is going to be needed in new debt to support the in debt economies at least to pay for the accumulated interest.

But as usual the "hopes" and positive speculating overviews are for the eyes and mind of the population like Udio explain the ones at the top have not worries whatsoever as always will be slaves from where to feed.

The job of presidents and political leaders is to make the people think that whatever they are doing is for the common good of the nation.

Our nations are run by traitors on global elite pay roll.

And the "bailout loans" or electronic make believe loans will be needed more often as the months goes by with not future of economic relief without those money infusion of refinancing the debt.

UK Treasury plans for euro failure

The Government is considering plans to restrict the flow of money in and out of Britain to protect the economy in the event of a full-blown euro break-up.

The Treasury is working on contingency plans for the disintegration of the single currency that include capital controls.

Britain’s top four banks have about £170bn of exposure to the troubled periphery of Greece, Ireland, Italy, Portugal and Spain through loans to companies, households, rival banks and holdings of sovereign debt. For Barclays and Royal Bank of Scotland, the loans equate to more than their entire equity capital buffer.

The Ministry of Defence has been consulted about organising a mass evacuation if Britons are trapped in countries which close their borders, prevent bank withdrawals and ground flights.

Treasury officials would not comment on the specifics of any plans but said the Government always had contingency plans that cover a full range of eventualities.

A break up of the euro would have a devastating impact on the UK. HSBC economists have warned that it could trigger a global depression and forecasters at the Centre for Economic & Business Research reckon it would knock about a percentage point off UK growth – plunging the country into a full-blown recession in 2012.

The scale of economic problems alongside the existing debt burden would leave the Government with little in its armoury to combat the collapse, making capital controls one of the few viable options.