Posted on 09/21/2014 11:32:29 AM PDT by expat_panama
Investment & Finance Week in Review (Thread -Sept. 21 edition) Prices finally picked a direction and went for it --topping a super week w/ metals collapsing, an FOMC meeting, Scottish Vote not to do anything, new IRS rules, stocks leaping, and the Alibaba IPO hype, |
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--and in the lull before the end of Q3 and beginning a new earnings season.
One thing at a time; metals finally broke in to newer lower levels as support folded, |
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...and stock traders made up their minds deciding to respect the 50-day moving average support and rebound prices into what IBD calls "market in confirmed uptrend.
As long as we're charting our brains out here we have got to look at a set the PEW folks asked their internet visitors about. (Kudus to Chgogal. Again.) The 'News Quiz' (thread here) was meant to let folks see how they matched answers with others; here's the Q that raised our eyebrows: |
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...but what amazed Chgo & me was how few people got it right. I mean, the fact that viewers scored worse than chimpanzees -picking at random-- means that the problem isn't lack of info, it's and excess of wrong info.
Kind of makes me wonder (1) which guess most people think stocks have been doing and (2) where they got that idea... |
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You realize the 2Q number was a bounceback from the ridiculously low 1Q number right? Look at the more normalized/smoothed data in #59.
We can't always be seeing all the same things at the same time. While the U.S. economy's not where we want it we'd be wrong to say everything that Americans produce is bad.
Things are what they are and U.S. real percapita GDP is at an all time high. Sure, political hacks can do with that fact whatever they want but what you and I care about is that from 1947 to the '07 recession U.S. GDP growth (adjusted for population and inflation) averaged two percent yearly, and since then the average has been only two tenths of a percent.
News Flash! Women won't marry if guy doesn't have good job.
http://www.pewsocialtrends.org/2014/09/24/record-share-of-americans-have-never-married/
Never-married women place a great deal of importance on finding someone who has a steady jobfully 78% say this would be very important to them in choosing a spouse or partner.
Student debt at all-time high of $1.2 trillion (How the heck did that happen?)
http://www.cnbc.com/id/102028451
News Flash! Women won't marry if guy doesn't have good job.
http://www.pewsocialtrends.org/2014/09/24/record-share-of-americans-have-never-married/
Never-married women place a great deal of importance on finding someone who has a steady jobfully 78% say this would be very important to them in choosing a spouse or partner.
Student debt at all-time high of $1.2 trillion (How the heck did that happen?)
http://www.cnbc.com/id/102028451
I wonder what will come of this
Tapes showing meek oversight of Goldman are about to rock Wall Street
http://nypost.com/2014/09/26/tapes-showing-meek-oversight-of-goldman-are-about-to-rock-wall-street/
I should have pinged you also to #65.
Didn't you get the memo? Not an issue obviously. GDP indicates we are in boom times. /s
Sorry. : (
I’m not at all surprised that Elizabeth Warren would jump on this. Right up her ally.
That was exactly what I was thinking, made to order or the upcoming elections --dig up something fours years old to blame big business for our "un-recovery". As far as I can tell this is all form and no substance; there's no "there" there.
“As far as I can tell this is all form and no substance; there’s no “there” there. “
I listened to their podcast and I agree but they have a way of elevating people like her to hero status. She lost her lawsuit and is appealing now. When I think of whistle blower I think of somebody who has worked some place for a long period of time that thinks things are going wrong. Sounds like she started secretly taping after just a couple of months at the Fed.
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