Therefore, starting last year the funds also threw good
judgment out the window and jumped into the market with both feet. The economy has been a dog for seven years
and Europe is seeing new signs of a depression
coming. It has already hit the emerging
countries. We can no more believe Obama
than we can believe Putin. Obama and
Putin keep putting out fake economic data.
The middle class conjures images of self-sufficient people
with stable jobs and pleasant homes working toward prosperity. Yet nearly five years after Obama said his
Great Recession ended, more people are coming to the painful realization that
they're no longer part of the middle class. Former professionals now stock shelves at
grocery stores, retirees struggle with rising costs and people working
part-time jobs are desperate for full-time pay.
Since Obama was elected, the number of people who call themselves middle
class has fallen by nearly 20%, according to a survey in January by the Pew
Research Center, to just 44 percent of Americans. Now forty percent identify themselves as
either just lower class or lower-middle class compared with only 25 percent
before Obama (BO).
Since Obama BCE has replaced BC. BCE means before the current era.
SeaWorld Entertainment Inc. posted a 13 percent drop in
attendance at its theme parks.
Mar 31 Tesla Motors
Inc. (TSLA)'s General Manager Kingston Chang in China has left the company as
the electric carmaker gears up to enter in the world's most expensive car to
produce in the worlds largest auto market for inexpensive cars. Tesla will not be able to mass produce the
cars until it can cut the cost of batteries 75% and develop a way to fix the
leaks and fires, and to recycle all the toxic chemicals used in the
batteries. Tesla will be one of the investment
disasters of this year’s pump and dump technological nonsense that has reached
all time highs. The Tesla cars have all
the acceleration characteristics of the electric bumper cars at the Coney Island and other amusement parks. That technology is what amusement parks are
built on. “There ain’t nuttin new about dem”
as Jimmy Durante would say. Walt Disney
Co has been using the technology for years.
Amusement rides are based on the acceleration you get with electric
motors. What has made Tesla investors so
dumb? Probably they listen to the same
investment advisors that made Bitcom a hit on Wall Street.
60 Minutes said yesterday, “The Stock Market is rigged by
Wall Street and high speed trading that jacks up the stock price before we buy
and that sells before we sell. “ They
make pennies off of each of the trillions of shares sold.
World Economies
April 3
IMF warned Wednesday that the world faces “years of slow and
subpar growth”, highlighting the contrast between the stock market bubble and economic
reality.
http://www.bbc.com/news/business-26861903
Goldman Sachs Capital Partners, KKR & Co., and TPG
Capital, the firms that acquired Energy Future Holdings Corp. in the
biggest-ever leveraged buyout, would have their investment all but wiped out in
a reorganization plan being discussed.
Putin’s standoff with the U.S.
and the European Union over Ukraine
Mar 31
The economic hype is getting quite intense as many countries
are trying to ward off the deepening Obama depression. The previous administration had a $700
Billion stimulation package but the lack of the current administration
leadership has reduced world confidence in anything this socialist American
administration does.
Almost half of Ukrainians say they desire Ikea products from
Sweden
The French market has continued to decline since year 2000.
At it most recent highs it is still is still down 50% from 2008 and down 60%
from 2000.
http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=
The Swiss market still indicates stagnation since 2007. It
has hit the highs of 2003 but could not make it to the highs of 2003. Obama has
destroyed Swiss banking by attacking Swiss confidentiality that had protected
people from the Hitlers and Stalins of the past. The Obama socialists are
trying to legally confiscate everything people earn while lining the pockets of
their friends with Ambassadorships and $billions in contracts for inept
management of socialized medicine. Look
for world economies to soar when the socialists are no longer running America
http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=
American Economy
Mar 31
Chicago PMI Mar 55.9 down from 59.8---
Apr 1
ISM Index Mar 53.7 slow growth 53.2 -- (50=no growth at all)
Construction Spending Feb 0.1% low and flat 0.1% --
Apr 2
MBA Mortgage Index 03/29 -1.2% terrible again -3.5% ----
ADP Employment Change Mar 191K down from 178K --- needs to
be at least 300
Factory Orders Feb 1.6% 1.1% improved from -0.7% + but
erratic
Crude Inventories 03/29 -2.379M down 6.619M – means higher
prices
The Markets
April 3
The bigger the bubble, the deeper the collapse, and the
greater momentum and damage that occurs.
Mar 31
60 Minutes said currently the market manipulation that is
going on is legal because there is no law against front running with insider
high speed transaction information.
Stocks like Tesla and many 3D printing companies and drug
companies are enormously overvalued.
The Obama government data is manufactured the same way all
communist countries manufacture the data.
New hiring is down around 200,000 and needs to be twice as high for a
recovery. No good businessman in his right
mind trusts this socialist administration.
The markets are churning and paper profits are no longer covering
commission expenses. That is what
happens when there are hardly any individual investors willing to buy above the
highs of the yr2000 DOTCOM bubble and the Obama/Frank Liar Loan Bubble yr2007
and where the current markets lost steam yr2014. Note there was 7 years between the bubbles.
World bulk trade is still an Obama socialist economic
poverty redistribution disaster.
Look at the last 1+ years! Use the graph or snapshot option.
Unfortunately they do not show back to 2008 when world trade was five times
higher than today.
http://www.bloomberg.com/quote/BDIY:IND/chart
Look at the volatility index and you see that the market
could fall much faster. This is not a good moment in time for holding equities
other than depressed commodities.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=5y&l=on&z=l&q=l&c=
World market updates:
http://finance.yahoo.com/intlindices?e=europe
http://in.finance.yahoo.com/intlindices?e=asia
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