Biotech and 3D printer Co are beginning to take big
hits. They are sectors the public
investors are highly invested in so the funds are bailing out first.
Mar 25 Existing home
sales, year over year are down 7%.
Consumer sentiment is now as high as it was in the panic selling of
2008. Yet it is down 25% from the last
market 2007 high and down 45% from the Dot-Com bubble. Yet, both of these indicators were spun as
good news to get people to buy in at the market top so others can bail out.
http://www.martincapital.com/index.php?page=economic&view=currentecon
In order to boost minority ownership of American homes the
Obama-Dodd-Frank legislators accused banks of redlining if they did not make their
quota of loans to minorities and did not accept the word of the applicants that
said they could afford the mortgages. To make it easier for minorities, they were
permitted subprime mortgages from the banks which converted to regular interest
rates after three years when they expected to “flip” the house. The Attorney General then used entrapment to
snare the banks by having fully qualified minority members make applications
while refusing to show adequate proof of their qualifications. When such a minority member was refused the
loan the minority member would then sue the agents and banks and show they were
indeed qualified and they lied and pretended they were illegally discriminated
against. That forced realtors to accept
the lies of minorities that were not qualified but who had no public record of
ineligibility. They were called
Obama-Dodd-Frank liar loans because the agents had to accept the word of liars or
Obama-Dodd-Frank would have had them sued.
Many of the liars were saved with Obama’s federal funds to
allow liars to only have to pay pennies on the dollar to become mortgage free
home owners. That corruption was nothing
compared to the horror of Obama and Holder running guns to the Mexican cartels
to try to get guns unconstitutionally banned in America
Notice that since Standard and Poors said Obama and Holder
were illegally investigating and suing them because they told the truth about
Obama’s terrible deficit consequences that suddenly Obama and Holder have
backed off because it is such an obvious case of government corruption and thug
intimidation of Americans.
World Economies
Mar 28
The collapse of Chinese developers in Shanghai
Mar 25
The world-wide recession is the aftermath of Obama liar
loans. The liar loan scandal was
monitorized by Goldman Sacks and other banks that created a new derivative
market and mortgage insurance market with “tranches” of American mortgage
instruments of fictitious stated investment quality which were actually
worthless because many were based on loans to liars. The worthless securities were bought by
retirement –funds throughout the world and brought down the Free-world’s
banking system in 2008. The USA had to help because Obama’s
reverse-discrimination Liar-Loans brought down Europe as well as the USA
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 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
Mar 25
Case-Shiller 20-city Index Jan 13.2% down from 13.4% --
FHFA Housing Price Index Jan 0.5% down from 0.8% ---
Consumer Confidence Mar 82.3 up from 78.3 +
New Home Sales Feb 440K sharply lower than 468K ---
Mar 26
MBA Mortgage Index 03/22 -3.5% sharply lower -1.2% --
Durable Goods -ex transportation Feb 0.2% down from 1.1% --
Initial Claims 03/22 311K down slightly from 320K +
Mar 27
Continuing Claims 03/15 2823K down from2876K a farce---
GDP less deflator - Third Estimate Q4 1% up from 0.8% terrible ---
GDP Deflator - Third Estimate Q4 1.6% flat 1.6% 6.4% annual rate--
Obama supporters now poll nonregistered voters because Obama
supporters think the unregistered are dumber and are therefore more likely to
say Obama is doing a satisfactory job.
The honest Fox polls prove the Obama supporters do in fact like to poll
uninformed people who think this is still 2008.
Thanks to Obama/Holder reverse racism, no one in business
trusts this administration and most of the world thinks Americans elected a
bunch of idiots in 2008 and 2012.
Finally the American public is taking the blinders off.
Will Obama and Holder have to flee the country to escape
prosecution by the next administration on behalf of the harassed Americans and
murdered Mexicans and others when the investigations of harassment begin in
earnest?
The Markets
Mar 28
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 DOTCOM bubble and the Obama/Frank Liar Loan Bubble where
the markets lost steam this year.
Mar 25
The stock markets are right where they were before the Obama
Liar-Loan collapse and Obama took office.
The markets and the world economies have stagnated under the influence
of Obama’s socialism and war on honkies i.e. white men.
Most Americans now realize that most of the news media as
well as the Obama administration are dominated by incompetent pathological
liars.
Has any non-white or non Christian organization been audited
by Lois Lerner? Have you been harassed
by the Obama administration or punched in the head lately for being a
honkie?
Have you heard Obama or Holder or anyone in their corrupt
and incompetent administration tell anyone they should stop punching honkies in
the head?
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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