This Friday is Payroll Friday … D-Day for the markets
Big move ahead!!!
Market seems to be finally ready to fall apart … but will it happen?
Dollar on record LOWS, Gold, Oil on record HIGHS … equities close to the edge …
S&P making a new 52-week-closing low.
Charts say SELL … Fundamentals say SELL … so fasten […]

I have to admit it … this guy makes me sick …
ALL data point to a recession … and not a shallow and short one … and inflation is rising every day …
But Bernanke does not admit it … continues with dangerous and useless rate cuts …
only as he fears that bad markets might even […]

Oppenheimer and Goldman Sachs bring the RED INK to the financials again.
Goldman might be oportunistic as it sees cuts for Q1 but does not really change the 2008 outlook by too much … You know … HOPE is important
They expect:
- Citibank to write off a further 12 bln$
- JP Morgan to write off […]

… at least for now … but most certainly will
The reason is: People don’t (want to) understand, what is going on.
A classical case of desinformation and DENIAL. Like seeing light at the end of the tunnel and not realizing, that it is a STEAMTRAIN …
So far, any bubble was explainable and feelable. You […]

As the Fed reduces rates at panic pace, markets still are not going higher.
Investors seem to realize, that the landscape has changed. Not one single day passes without earnings revisions to the downside or record write offs.
The economic climate gets rough. Even good figures like today’s ADP number create only a short lived squeeze which […]

Fed decision tomorrow … and all eyes on Ben Bernanke … known as Helicopter Ben

We waited for January and hoped for 50 bps … fantasized of 75 bps … got them already (thanks to SocGen) and … ???
YES … market has priced in quite fully a further 50 bps rate cut … OMG
The last cut […]

It could be so “easy” …
We understand, that the FED is fighting to keep the air in the stock market. Because the economy might not be able to withstand the double whammy HOUSING and EQUITIES down the drain.
If I get the Barron’s story on MBIA right (pls. read here) , the problem could be payable […]

Ben Be(a)rnanke should change his name in BULLnanke
Markets sell off, interest rate cut Markets don’t go up? PPT acts.
Another proof, that the situation is highly WORRYING as the professor who always said, he would let the numbers decide and not listen to the voice of the markets, CUTS again!!!
The second(!) time between […]