Barack Obama said it will not compromise national security when he unilaterally and simultaneously reduces the US army, the US navy, the US Airforce a

Leftist Barack Obama said it will not compromise national security when he unilaterally and simultaneously reduces the US army, the US navy, the US Airforce and now the US nuclear Arsenal.
http://www.bloomberg.com/news/2012-03-26/obama-says-u-s-reducing-nuclear-arms-won-t-endanger-security.html

Obama liar home loans, Obama corruption in the energy sector, Obama election fraud with no voter IDs, and well meaning but foolish fears that economic progress is destroying the global environment…. drag the world down.

See how corrupt Obama socialists are stealing our freedom!! See how easy it is for Obama activist organizations like ACORN to load the ballot boxes for their lunatic left candidates. This is why voter I.D. is sorely needed. See how Obama and Al Franken get their votes the same way that Putin does it in Russia.
http://www.youtube.com/watch_popup?v=GqMVxeZhflI&feature=player_embedded!

US Bond interest rates surge 20% as the Obama liar loan corruption, ACORN community corruption, Solyndra corporate corruption, and economic reporting corruption grows to cover Obama incompetence and clueless leftist policies affect the nation and bankrupt the American leadership role in the world.

The following leftists support lunatics, boycott Rush Limbaugh and admit they support the Obamamorons who want taxpayers to pay for their Obamacontraceptives, Obama-marihuana healthcare, and Obama-therapeutic massages. Quicken Loans, Geico, GE, Citrix, Carbonite, Allstate, Tax Resolution, Legal Zoom, Sleep Number, Netflix, Capital One Financial, ProFlowers, AOL Inc and, Sleep Train all deserted Rush Limbaugh.

World market
BYD Co., the carmaker partly owned by Warren Buffett, slumped 4.8 percent in Hong Kong trading after saying first-quarter profit may fall 95 percent. Agricultural Bank of China Ltd. led mainland lenders lower.
Asian stocks fell amid concern exporter earnings are deteriorating and that Chinese banks have understated the risks of loans to local governments.

Germany broke through the resistance levels but is losing steam.
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on

The Swiss are still lower than last year’s high with a head and shoulder sell signal. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Emerging markets are still lower than last year’s high and look like a head and shoulder sell signal coming soon.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

American Economy
Obama shovel ready economic data manipulation comes with the latest job pitch. Obama economic progress is a very simple manipulation of data. If Obama was not corrupt he would report consistently from month to month not report fictitious good news but then quietly lower it so he can fraudulently report good news every month.
Housing Starts Feb 698K down from 706K
Building Permits Feb 717K up from 682K
MBA Mortgage Index 03/17 -7.4% much worse than-2.4%
Existing Home Sales Feb 4.59M worse than 4.63M
Crude Inventories 03/17 -1.160M worse than 1.750M

Last week
Initial Claims 03/17 348K barely change from 351K
Continuing Claims 03/10 3352K increased from 3343K
FHFA Housing Price Index Jan 0.0% worse than last time 0.7%
Leading Indicators Feb 0.7% absolutely absurd Obama manipulation 0.4%. The Leading Indicators report is, for the most part, a compendium of previously announced Obama economic manipulations to jobless claims, building permits, and stock prices. Therefore, the report is extremely predictable and of very little interest to the market. Though this series does have some predictive qualities, it is a common criticism that it has predicted "three of the Obama’s zero" recoveries. It is not a “quagmire” it is an “Obama recovery.”
New Home Sales Feb 313K down from 321K last month

This Week
Mar 26 10:00 AM Pending Home Sales Feb
Mar 27 9:00 AM Case-Shiller 20-city Index Jan
Mar 27 10:00 AM Consumer Confidence Mar
Mar 28 7:00 AM MBA Mortgage Index 03/24
Mar 28 8:30 AM Durable Orders Feb
Mar 28 8:30 AM Durable Orders -ex Transportation Feb
Mar 28 10:30 AM Crude Inventories 03/24
Mar 29 8:30 AM Initial Claims 03/24 - 350K 350K 348K -
Mar 29 8:30 AM Continuing Claims 03/17
Mar 29 8:30 AM GDP - Third Estimate Q4
Mar 29 8:30 AM GDP Deflator - Third Estimate Q4
Mar 30 8:30 AM Personal Income Feb
Mar 30 8:30 AM Personal Spending Feb
Mar 30 8:30 AM PCE Prices - Core Feb
Mar 30 9:45 AM Chicago PMI Mar
Mar 30 9:55 AM Michigan Sentiment - Final Mar

Market outlook March 26, 2012
Dilution of the Facebook IPO with thin slices going from insiders to novices will rapidly deflate the IPO business, as the RIP-OFF becomes more apparent. They are unloading the Facebook stock to the ill-informed second and third tiers of buyers from the privileged first insider distributors. By reducing supply they manipulate the price higher deceiving and defrauding the public by the manipulation of supply until the remaining 99% are dumped on the market.

Obama apparently does not know that Europe pays over $10 per gallon. That is where Obama is taking America.

US bond returns are rising fast increasing the cost of US borrowing. The effects of Obama socialist deficit policy are now beginning to come home to roost. Investors who thought American bonds were safe unfortunately did not anticipate the moronic policies of the leftist Obama administration that is taking the USA down the road Greece is on. American debt is far more world destabilizing than Greek debt.

The DOW rails still do not confirm the recent DOW industrial’s rise. No rail confirmation means there is no DOW buy signal. In fact it is looking like a head and shoulder sell signal forming. http://finance.yahoo.com/echarts?s=%5EDJT+Interactive#chart1:symbol=^djt;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

The VIX shows record complacency. A sharp computer sell-off could end the current rally any moment now and trigger huge stop-losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=

Baltic Dry Index is still indicating the worldwide recession is entrenched.
http://www.bloomberg.com/quote/BDIY:IND/chart

Stock market update:
Asian Stock markets were flat last night. China flat 0%, Hong Kong flat 0%, India down –1.8%, and Japan up 0.1%.

European markets are up today in a range –0.2% to 0.7% half way through their day.

American market futures are flat about 0.3% in after hour trading at 7:15 AM EST.