~~~
Source:
A Modern-Day Depression”: Rosenberg Sees “Tough Slogging” for the Economy
Aaron Task
Yahoo Tech Ticker Jul 29, 2010 08:00am
http://finance.yahoo.com/tech-ticker/%22a-modern-day-depression%22-rosenberg-sees-%22tough-slogging%22-for-the-economy-535274.html
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"The two most beautiful words in the English language are: "Check enclosed." —Dorothy Parker
"It's the end of the world as we know it and I feel fine" say the French as consumer confidence in May rose to the highest since Nov '10 as they welcome and get excited about new Pres Hollande. Also, the French 10 yr bond yield touched the lowest on record this morning. June consumer confidence in Germany held at 5.7, just .2 pts off the highest since Mar '11. To the euro bond debate which is now taking on greater rhetoric with those with high bond yields wanting them and those with low ones saying no way, ECB member...
read more »
Tweet
Facebook
Reddit
Digg this!
July 31st, 2010 at 8:02 pm
Re: No one going into October of 2007 ………
Saturation Economics: Saturation and Nonlinear Ordering of the Macroeconomic Universe
Jul 28, 2010 8:37 PM
…. From the currently available archives of the Huffington Post ….
Australian Dollar Hits 23-Year High Against US
Generational US Consumer Saturation Macroeconomics – 11 October 2007: the Top Valuation Day for the Wilshire ?; near the final weekly low for the US dollar?
Posted 10/10/2007 at 22:23:35
Watch for an opening day trading gap to the all time high for the Wilshire on 11 October with a closing at the low of the day. While the US dollar will likely be lower against other fiats and gold, it is near its multiweekly nadir.
posted 10/10/2007 at 22:23:35
Greenspan: U.S. Economic Growth Slowing
Generational Consumer Saturation Macroeconomics
Euphoria at the Top: Google Valuations above 609, A New High For the Nasdaq, Expected Future Lower Fed Funds Rates Supportive of Continued Speculation, And, Of Course, the Sage Musings of the Former Federal Reserve Chairman
Google, whose third fractal week 58 of a 29/72/58 week fractal series, now rests in a cup mid position between week 52 and 64 helped the NASDAQ make a new record high on 8 October 2007. The great Wilshire was unable to best its 5 October 2007 valuation and ended the 8 October trading day with a caricatured 10/25/22 5-minute fractal series with 5-minute number 20 of the third fractal representing the late high for the x/2.5x/2x 5-minute fractal growth series. Monsanto MON, undergoing a pictorial blow-off since the Wilshire’s 16 August low – and Google – both share the strained properties of PE ratios greater than 45 and a greater than 800 percent valuation growth within less than 5 years. GM is at week 30 of a 15/36/30 of 30 week fractal and likely at day 10 of a 4/10/10 maximal daily growth series. With the problematic housing market and the problematic credit markets askew from past and ongoing highly leveraged losses related to that same housing market and with the linearly possible inflationary pressures brought about by the recent interest rate cuts by the new Federal Reserve Chairman, it is reassuring that the former Federal Reserve Chairman has guesstimated a US recession risk of less than 50/50. He is widely acknowledged to be a very smart man.
posted 10/08/2007 at 18:52:27