Just read here … revisions of data … often seen … here you are … Is U.S. government-data being “massaged”? Not nice

News is … (Fox Business) Democrats Look to Extend Federal Support to Muni-Bond Market The House Financial Services Committee is scheduled to consider a series of bills that would provide massive government backing and intervention to the municipal bond market. Draft legislation is expected to be introduced as early as this week. A full committee [...]

What happened today … 1. European markets were “magically” holding up after an initial sell-off. 2. A news agency sent out EARLY a summary for the equity market, writing that market was helped by the consumer confidence number marking a fresh 5mos. high. 3. A squawk picked up the story and mentioned, that a 5 [...]

Sometimes it is really unbelievable, what is happening in today’s world. And sometimes it beats everything. First … I thought, my English was not good enough … then … I thought, my math was not advanced enough … But … as now some intelligent people found out EXACTLY the same, we have to put a [...]

We hear about a news report that a House panel next week plans a hearing on mark-to-market accounting rules blamed by many for aggravating the financial sector’s troubles. Reuters on Wednesday quoted a source briefed on the matter who said the subcommittee on capital markets has tentatively slated for next Thursday a hearing on the [...]

Sometimes manipulation gets explained … here the last example. Just read through these excerpts of a Marketwatch.com article. After reading it, you will EVEN LESS be ready to give weight to any number which is released by the Government … Here we go … The week’s biggest report, the GDP revision on Friday, could be [...]

As the situation IMHO is absolutely clear … We will hit new lows in equities I try to think up a scenario, which could prove me wrong … I found one … and only ONE!!! As we could read over the weekend, the big industrial nations … thanks for the hint Mrs Merkel … agreed [...]

After witnessing over the last days INCREDIBLE buying in equities … especially in Europe … the explanation seems to be near … “Ideas” are being spread that one of the key points of the Geithner-bailout-plan will be … a possible easing or elimination of mark to market accounting rules. So … why don’t I establish [...]