Obama to America, I hate you! But call Rahm Emanuel and send mo money anyway. Emanuel openly deriding Mitt Romney.,

Obama to America, I hate you! But call Rahm Emanuel and send mo money anyway. Emanuel, the president’s former chief of staff, caused a stir last night when he was seen pressing the fat-cat flesh at the high-end Manhattan restaurant and openly deriding Mitt Romney.

Leftists boycott Rush- these sponsors are in the socialist’s camp and deserted Rush. (Quicken Loans, Citrix, Carbonite, Allstate, Tax Resolution, Legal Zoom, Sleep Number, ProFlowers, AOL Inc and, Sleep Train) They all support Obamamalaise and desert Rush Limbaugh because he opposes Americans being forced to pay for leftist Obamacontraceptives, Obamamarihuana, Obamamassages and Obamaprescription sex all under Obamamalaise- his destruction of the American economy. Obamadepravity spread to a Catholic Medical School where a 31 year old woman wants $3000 from taxpayers to pay for her contraceptives while taxpayers also pay most of her tuition. For exposing the sham Rush Limbaugh is punished. Do you remember when the leftists called Sarah Palin and ignorant slut? After they did the slur they repeated it to each other on Saturday Night Live and every where else and laughed because everyone knew they were repeating the Sarah Palin smear.

Obama said servicers will review thousands of foreclosures on properties whose homes were foreclosed automatically and the amount of lost equity plus interest plus $116,785 will be paid by US taxpayers. All automatic foreclosures happen to be Obama-liar-loans given to Obama’s chosen peoples, no-questions-asked.

Here is how the American Communists spread their ideas today.
http://home.igc.org/~venceremos/whynotdi.htm

You decide, is Obama Muslim or Mormon?
http://www.youtube.com/watch_popup?


World markets
Emerging-market stocks fell to a five-week low on concern Greece will get insufficient support from bondholders in a debt swap by tomorrow’s deadline. The Greek government said it would use collective action clauses, to trigger credit default swaps, to force bondholders to accept another 53.5 haircut if necessary. The goal of the exchange that runs through March 8 is to default just on privately held Greek debt, averting a disorderly default where Greece gets dumped instead of the private investors.

German government bonds fell after a report showed factory orders unexpectedly fell as the slowing global economy cut foreign demand.

Australia’s economy expanded at half the pace economists forecast last quarter as a housing slump deterred consumer spending, and the local currency to a six-week low. Gross domestic product advanced 1.6%. annual rate in the fourth quarter.

Europe’s economy contracted in the fourth quarter by 0.3 percent from the third quarter, the European Union said Tuesday. Exports fell 0.4 percent after a 1.4 percent gain in the previous quarter, while household spending declined 0.4 percent and investment dropped 0.7 percent.

China cut its growth estimate to an eight-year low as Obama-malaise spreads to China.

BRIC investors are losing their shirts as state companies freeze prices and growth among the socialist nations and redistribute profits by confiscation.

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 hitting a limit now 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 topping. It is now beginning to 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.

Yesterday
Factory Orders Jan -1.0% sharply down from 1.1% last month
Obama statistics are inconsistent with what he reported last month. Obama speeches and statistics are shovel ready. ISM Services Feb 57.3 up from 56.8 in Jan but he reported ISM Index Jan 54.1 up from 53.9 in Dec. The January numbers should be the same but the differ more than the month-to-month change.

This Week
Mar 7 7:00 AM MBA Mortgage Index 03/03
Mar 7 8:15 AM ADP Employment Change Feb
Mar 7 8:30 AM Productivity-Rev. Q4
Mar 7 8:30 AM Unit Labor Costs - Rev Q4
Mar 7 10:30 AM Crude Inventories 03/03
Mar 7 3:00 PM Consumer Credit Jan
Mar 8 7:30 AM Challenger Job Cuts Feb
Mar 8 8:30 AM Initial Claims 03/03
Mar 8 8:30 AM Continuing Claims 02/25
Mar 9 8:30 AM Nonfarm Payrolls Feb
Mar 9 8:30 AM Nonfarm Private Payrolls Feb
Mar 9 8:30 AM Unemployment Rate Feb
Mar 9 8:30 AM Hourly Earnings Feb
Mar 9 8:30 AM Average Workweek Feb
Mar 9 8:30 AM Trade Balance Jan
Mar 9 10:00 AM Wholesale Inventories Jan

Market outlook March 7, 2012
The failure of Obama liarloan strategy caused American home ownership to drop from 66% to 64% but it consists of a 2% increase in Obamaliars owning homes and a 4% decrease in honest Americans owning homes

The stock market volume surged as the Dow plunged in the biggest drop so far this year. Head and shoulders sell signals are now forming in S&P and NYSE. DOW rails do not confirm the recent DOW industrial’s rise. No rail confirmation means there is no DOW buy signal. The market is at a precipice of negative economic data after a full month of Obama shovel ready financial statistics. Look up ISM last month and compare with what Obama used this month. There is no relationship; Obama makes up the numbers on the fly.

Contrarian “Surprise Index” says the stock market is overpriced. The WSJ said stock investors might be in for a nasty surprise.
http://www.bloomberg.com/quote/CESIUSD:IND

The VIX shows 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 creeping up very slowly
http://www.bloomberg.com/quote/BDIY:IND/chart

Stock market update:
Asian Stock markets were down sharply again last night. China down –1.4%, Hong Kong down –0.7%, India down –0.2%, Taiwan down –0.5, and Japan down – 0.7%.

European markets are flat today in a range -0.8% to +0.8% half way through their day.

American market futures are up about 0.4% in after hour trading at 7:30 AM EST.