Apr 18 Corruption infiltrates American industry as Obama arranges replacements in corporate hierarchies to boost contributions to socialist candidates by 50% to exceed the coffers of all Republican candidates for the first time in history. Yet in spite of the cash, Obama’s socialists are losing all their elections of late. The corporate thieves that created and sold the Obama-Frank Liar Loan derivatives that caused the collapse in 2007-2008 have all gone unpunished and instead Obama-Holder punished the banks which simply passed their losses on to American investors. Bank of America, once the strongest and most honest American bank, has been punished the most, and still has fines.

Contributions from corrupt corporation executives to socialist candidates have doubled and in some cases tripled.  But voters are no longer buying the socialist propaganda that the economy has improved under Obama-Holder socialism when the unemployment of  those entering the work force stands at 26%, honest corporations such as Standard and Poors are still being harassed for telling the truth, and the corrupt Obama-Holder administration tries to cover-up USSR style harassment and spying on American critics.

 

Pro-Russian protesters in eastern Ukraine refused to give up buildings and disarm, while the  Obama administration does nothing to arm much less defend the pro-freedom government.  The Obama-Holder administration is the best thing that ever happened to world communism, worldwide terrorism and persecution of Jews, Christians, Hindus, and Buddhists.

 

New Jersey Governor Chris Christie plans to turn Obama-Holder administration subterfuge and harassment into a campaign issue.  He has appointed an independent reviewer to investigate any suspected misconduct in both his office and that of the Obama-Holder administration with regard to the George Washington Bridge traffic jams.  It appears the New Jersey Governor’s lines were all tapped and the Obama-Holder administration knew more that was going on than Governor Chris Christie.  The Obama-Holder administration allowed it to happen to smear Governor Chris Christie.  Obama-Holder administration corruption, spying on Americans, and failed socialism will be key issues in the election campaigns. 

New Jersey’s unemployment rate rose by 0.1 percentage point to 7.2 percent in March, the first increase since July 2012, according to preliminary estimates released by the state Labor Department.  New Jersey has been a leading indicator for the economy.

 

World markets

Apr 18  

Ukraine disbanded the army unit that lost six armored vehicles to Russian militants, as Kiev's military reeled from a disastrous attempt to oust separatists in its eastern regions. "The 25th parachute brigade, members had shown cowardice and gave up their weapons.

 

Apr 15

Worldwide bell weather Coke's revenue and profit declined on weak volumes, foreign-exchange headwinds and divestments in the first quarter.

 

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 14

Retail Sales Mar 1.1% up from 0.7%

Retail Sales ex-auto Mar 0.7% up from 0.5%

Business Inventories Feb 0.4% flat 0.4% -

Apr 15

CPI Mar 0.2% up from 0.1% 

Core CPI Mar 0.2% up from 0.1% 

Empire Manufacturing Apr 1.falls from 5.6 --

Net Long-Term TIC Flows Feb $85.7B up from $7.3B due to tax collection time

NAHB Housing Market Index Apr 47 flat from 47 -

Apr 16

 MBA Mortgage Index 04/12 4.3% for existing homes up from -1.6% ++

Housing Starts Mar 946K up from 920K ++

Building Permits for future  new homes Mar 990K down sharply from 1018K ----

Industrial Production Mar 0.7% down from 1.2% ---

Capacity Utilization Mar 79.2% up from 78.4%

Apr 17

Initial Claims 04/12 304K up again from 300K  --

Continuing Claims 04/05 2739K down from 2750K  +

Philadelphia Fed Apr 16.6 up from 9.0 +

 

The Markets

Apr 18  

Market churning continues as it appears the top of this market may now have been set and the Obama-Holder quagmire cannot be offset with Obama-Pravda.

 

 Apr 15

Market churning of stocks is a sign of the final phase of the stock market when brokers try to drain every dollar from new investors knowing that the decline will cause them to invest in real estate or education in the future.  The seasoned investor knows that 50% market declines occur about once every seven years and seldom are down 60% or more from the highs.  Market advances seldom go more than 10% higher than their previous highs.  Of course the indices are manipulated by selecting stocks for their index of emerging companies and by dropping mature companies like IBM as they did this past year.  That makes the indexes mirror growth companies not the average stock and therefore the individual investor most study just to keep up with inflation, and work hard to make a profit.

 

 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