Apr 12 Considerable weakness is beginning to show in one stock market cash flow index and the second similar index is showing weakness but still very low volume of trades. Under these conditions an increase in volume could trigger selling. If and when it occurs, a first bottom then a final bottom would take two weeks to two months if the stock market advance were to resume. But from these current highs and the income and balance sheet nonsense that supports the current highs, a new realism could creep in and the market could drop to the lows it was in 2008 again. We need honesty and intelligence back in government and in industry accounting before the stock market valuations can be trusted again.

World markets

In general the world market are anemic due to the ignorant and dishonest belief that nations and people can spend their way to wealth and the belief that dishonest people have that they have been cheated and must cheat to be successful. Likewise it is very human for the most ignorant and poor to actually have self-esteem by avoiding education and training that exposes our ignorance and human poverty.

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=

Japan’s stock market appears to have topped and begun a new decline. It has declined since 1990 when it began Quantitative Easing.

http://in.finance.yahoo.com/q/bc?s=%5EN225&t=my

The Swiss market still indicates stagnation since 2007. It has hit the highs of 2003 but could not make it to the highs of 2007. 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

Apr 7

Consumer Credit Feb $16.5B getting high $13.7B---

JOLTS - Job Openings Feb 4.173M slightly higher from 3.974M ++

MBA Mortgage Index 04/05 -1.6% getting even worse from -1.2% ---

Wholesale Inventories Feb 0.5% still increasing unsold goods from 0.6% ---



Apr 10

Initial Claims 04/05 300K down slightly 326K ++

Continuing Claims 03/29 2776K down but fiction 2836K

Export Prices ex-ag. Mar 0.5% lower is good0.6% ++

Import Prices ex-oil Mar 0.3% higher is good -0.2% ++

Treasury Budget Mar -$36.9B deficit bad $36.0B -$106.5B--

Apr 11

PPI Mar 0.5% more inflation -0.1% - -

Core PPI Mar 0.6% much higher from -0.2% -- This gives more incentive for raising interest rates.

Mich Sentiment Apr 82.6 up from 81.0++

　

The Markets

Apr 11

It is almost May the historical time when reality often strikes the stock market and the current market is weakening.

World trade still is 80% below pre-Socialist Obama policies of ignorant socialistic policies.

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://finance.yahoo.com/intlindices?e=asia

http://in.finance.yahoo.com/intlindices?e=asia