After the monday stock market crash, Cramer of Mad Money suggests that we want the stock markets of Europe and the US to get very bad, very quickly. Otherwise we will continue to get continued inaction and nonsolutions to the debt problems of Europe and the US.
See his opening silo of shots at the big federal governments of the world: http://video.cnbc.com/gallery/?video=3000058508
Economics, Finance, Development, sustainability and Moneys that Matter. Low politico, please...
Showing posts with label Stock Market. Show all posts
Showing posts with label Stock Market. Show all posts
Tuesday, November 22, 2011
Monday, November 21, 2011
The 4 Failures of the Supercommittee - Yahoo! Finance
The 4 Failures of the Supercommittee - Yahoo! Finance:
So ugly. So very ugly.
Super committee, or Super-Dumb Committee.
So ugly. So very ugly.
Super committee, or Super-Dumb Committee.
Both parties just love this "Russian Roulette" game where the focus is on winning elections. None of them seem to care how difficult it does for the whole of the Economy.
There's s video in there: http://finance.yahoo.com/video/cnbc-22844419/super-committee-failure-27334224.html
At least, we have an across the board cut in December. What you would want to have is smarter spending and less dumber spending. But with the game of Dumb and Dumber being the smart show in DC, that may be the best we can hope for.
Wait until we get all 70m baby boomers in full retirement mode, and then see how easy it is to cut entitlements.
We'll see what happens over the next two weeks. In the mean while the stock markets are tanking. Might be a buy opportunity in the next week or so.
There's no amount of lipstick that's gonna make this pig look any better...
And don't get me started on the dysfunctions of Europe and the PIIGS. :-(
Monday, October 24, 2011
What the Market Wants to See From Europe & U.S. GDP
Here's what the (Stock) market wants to see from our friends in Europe. The uncertaintanty in the EU is generally killing the rest of the world's economies while we wait to see if they are gonna figure it out, and if/when they do, what they will do.
We'll watch and see. It's tough to be playing in the stock market under these conditions. (But it was a nice day today!:-)
Wednesday, September 21, 2011
Wild times in the Stock Market.
Wild times in the Stock Market.
Really ugly daze in the Stock Market. Bernanke comments that we might do a recession, again, and the US markets went south for the winter.
It would be nice if Europe would get its act together and solve the sovereignty debt problem. Let's at least fix Greece or let em go bankrupt, one.
More on these subjects soon...
Really ugly daze in the Stock Market. Bernanke comments that we might do a recession, again, and the US markets went south for the winter.
It would be nice if Europe would get its act together and solve the sovereignty debt problem. Let's at least fix Greece or let em go bankrupt, one.
More on these subjects soon...
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