It is interesting to note that Germany - a nation that America twice flattened with bombs plans to purchase the New York Stock Exchange and move the h

It is interesting to note that Germany - a nation that America twice flattened with bombs plans to purchase the New York Stock Exchange and move the headquarters to Frankfurt.

International Socialist, Obama, continues to support the Egyptian Islamist terrorist lunatic rioters called the "Brotherhood" and undermined a rational Egyptian Government.

Obama did nothing when he could have helped the Iranian College students and entrepreneurs who demonstrate against the murdering genocide preaching Imams of Iran.

Yes, Hitler and Stalin gave old people social security and then starved them to save socialism. Stalin gave his people housing in unheated mansions where they starved to death. Socialist leaders like Obama have no work ethic and never held a real private sector job so that means it is up to you to be their slaves so socialists can rule you and have the best pensions and health care. Obama goes from crisis holiday to crises holiday on Airforce 1. He needs those holidays in Hawaii and Europe because he thinks he is twice as brilliant as Castro, Ortega, Hitler, and Stalin and does not understand why Americans don't appreciate how he is taking the American economy down a socialist dream/drain and does not understand why conservatives want to "spoil his optimism.”


World Markets this week:

US Economy
Obama needs to stop meddling and get out of the way. He can't lead and he won't follow.

The past week
MBA Mortgage Purchase Index 02/04 plunged -5.5% after rising 11.3% in January.
Treasury Budget deficits pending rate increased to -$49.8B each week to -42.6B this week. Money down the bowl to ACORN, permanent lazy "just be happy" socialists, government workers and unions.
Mich Sentiment Feb 75.1 up from 74.2 last month.

This week
Feb 15 8:30 AM Retail Sales Jan
Feb 15 8:30 AM Retail Sales ex-auto Jan
Feb 15 8:30 AM Empire Manufacturing Feb
Feb 15 8:30 AM Export Prices ex-ag. Jan
Feb 15 8:30 AM Import Prices ex-oil Jan
Feb 15 9:00 AM Net long-term TIC Flows Dec
Feb 15 10:00 AM Business Inventories Dec - 0.7%
Feb 15 10:00 AM NAHB Housing Market Index Feb
Feb 16 7:00 AM MBA Mortgage Purchase Index 02/11
Feb 16 8:30 AM Housing Starts Jan
Feb 16 8:30 AM Building Permits Jan
Feb 16 8:30 AM PPI Jan
Feb 16 8:30 AM Core PPI Jan
Feb 16 9:15 AM Industrial Production Jan
Feb 16 9:15 AM Capacity Utilization Jan
Feb 16 10:30 AM Crude Inventories 02/12
Feb 16 2:00 PM Fed Minutes
Feb 17 8:30 AM CPI Jan
Feb 17 8:30 AM Core CPI Jan
Feb 17 8:30 AM Initial Claims 02/12
Feb 17 8:30 AM Continuing Claims 02/05
Feb 17 10:00 AM Leading Indicators Jan
Feb 17 10:00 AM Philadelphia Fed

Market Outlook Feb 14, 2011
We would be prepared to buy stocks on the next significant dip. Flow into mutual funds from individual investors was down for twenty weeks following the flash crash last May 2010. For the past three weeks of January small investors got in right back in at the highs of the current rally. This means the end of each month probably will see an increase fund flow as 401 plans put money back into the market.

MSNBC/Pravda's Jim Cramer told his listeners to sell after the Flash Crash and all the way down to the bottom and half way back up. He said that there were five reasons not to buy stocks when they were at the low. Then as small investors sold out his hedge fund buddies bought in at the low. Then when the market was half way up he told investors his five requirements were met and to buy stocks again. So twenty weeks of selling, small investors got back in about seven weeks ago. The market began to top and all he does is lie and he says how foolishly bearish the pundits are (a lie because the pundits were more bullish than in the last two years). MSNBC/Pravda's Jim Cramer is obviously in some kind of kickback fraud scheme with some hedge funds. We will see if the hedge funds now sell and take profits. Every day they report unbalanced good news when the hedge funds are invested and bad news when the hedge funds are shorting the market.

World Markets
Asian markets were up last night. China's holiday up 2.5%, Hong Kong up 1.3%, India no report, Seoul up 1.9%, and Japan up 1.1%,

European markets are down this morning in a range of about -0.2% to 0.5% half way through their day.

US pre-market futures are down about -0.1 % at 8:00 AM EST.