One of the ads that popped up midblog was for Goldline Investing- "Trusted and used by Glenn Beck" (with photo of him with his sheep-eating smirky grin). LOL! Rich guys who have lots of money to invest and the rightwing morons who pander to them are *so* the antithesis of my postings!!
Friday, September 2, 2011
Not Necessarily...(yeah right)
ZERO job growth in August; econ pundits mouthing manure like "it's disappointing but will not necessarily lead to double dip recession". OH, COME ON, you idiots! Read the writing on the job wall!!
Wednesday, August 31, 2011
Recession Watch? Hey that's (c) me!
MSNBC reports US is on "recession watch" after S&P downgrade etc.
Friday, August 26, 2011
Nothing like good stock news...
Tiffany's stock was up 9% Friday, after the luxury jeweler posted higher-than-expected earnings and sales for the second quarter.
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.
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I'm glad the millionaires are still spending...and *have* money to spend on luxury items! Bas**rds.
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.
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I'm glad the millionaires are still spending...and *have* money to spend on luxury items! Bas**rds.
Tuesday, August 23, 2011
NO GOOD NEWS AND NO BAD NEWS
AP survey of "leading economists" (read 'overpaid and underskilled soothsayers') says another recession isn't likely in the next 12 months, but neither is any real improvement in the economy. High unemployment and weak spending by consumers are two factors that will extend the onerous status quo into 2012.
Monday, August 22, 2011
MONDAY MORNING Recession Watch
The U.S. economy has officially been out of recession for two years,
but fear of falling back into the abyss has dogged the recovery every step of the way.
Now, the prospect of recession no longer is a fringe view.
================================================================================
"Recession is not inevitable, but I think there's better than a 50-50 chance now,"
said Bill Gross,the investment chief at bond-fund giant Pimco.
===========================================================================
President Obama says: "I don't think we're in danger of another recession,
but we are in danger of not having a recovery that's fast enough to deal with
what is a genuine unemployment crisis for a whole lot of folks out there."
===============================================================================
Morgan Stanley cut its forecast for world growth, re-igniting fears of a
double-dip recession.
but fear of falling back into the abyss has dogged the recovery every step of the way.
Now, the prospect of recession no longer is a fringe view.
================================================================================
"Recession is not inevitable, but I think there's better than a 50-50 chance now,"
said Bill Gross,the investment chief at bond-fund giant Pimco.
===========================================================================
President Obama says: "I don't think we're in danger of another recession,
but we are in danger of not having a recovery that's fast enough to deal with
what is a genuine unemployment crisis for a whole lot of folks out there."
===============================================================================
Morgan Stanley cut its forecast for world growth, re-igniting fears of a
double-dip recession.
Thursday, August 18, 2011
Global Stock Slump (again) on MS view!
A report on the global economy from Morgan Stanley says the US & Europe are "dangerously close" to returning into a recession over the next 6 to 12 months.
Uhh...didn't somebody else (wink wink) predict that?
Uhh...didn't somebody else (wink wink) predict that?
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