Flat month for the world.
Jobless claims are low, at a level not seen since right before the dot com bubble.
Baidu growth rate is where it was right before the financial crisis.
Many numbers match up with pre-crash levels.
Im still buying Cameron stock as it tries to push above $55
The trade performance left China with a trade surplus of $3.1 billion last month, much smaller than forecasts for a $45.4 billion trade gap.
I guess they thought trends last forever. Thats like saying you were going to make$100 but instead made $7.
Canada’s housing bubble has been a sight to behold. Home prices only dipped 8% when the US housing market crashed. Then it re-soared. Now, across the country, home prices are 26% higher than they were at the already crazy peak in 2008. In Toronto, they’re 42% higher!
I wish I could build a huge apartment complex to get ready for a big shift away from homeownership up there.
A little history here: During the Depression, the Dow hit its low, 41, on July 8, 1932. Economic conditions, though, kept deteriorating until Franklin D. Roosevelt took office in March 1933. By that time, the market had already advanced 30 percent. Or think back to the early days of World War II, when things were going badly for the United States in Europe and the Pacific. The market hit bottom in April 1942, well before Allied fortunes turned. Again, in the early 1980s, the time to buy stocks was when inflation raged and the economy was in the tank. In short, bad news is an investor’s best friend. It lets you buy a slice of America’s future at a marked-down price.
Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
The flash crash was essentially over in five minutes. But it took regulators nearly five months to come up with a theory about what happened. And in late September 2010, when the SEC and the CFTC—the same agency now charging Sarao with causing the crash—released a joint report on what happened, they didn't mention spoofing, let alone Sarao. Instead, they blamed a large trade by a firm out of Kansas City.
It's not even clear that the feds' new explanation is correct. As Matt Levine notes over at Bloomberg View, regulators believe that Sarao continued to place massive fake sell orders in the years after the flash crash, but somehow that activity never triggered another crisis:
If regulators think that Sarao's behavior on May 6, 2010, caused the flash crash, and if they think he continued that behavior for much of the subsequent five years, and if that behavior was screamingly obvious, maybe they should have stopped him a little earlier?
Also, I mean, if his behavior on May 6, 2010, caused the flash crash, and if he continued it for much of the subsequent five years, why didn't he cause, you know, a dozen flash crashes?
So I mean…maybe he didn't cause the flash crash?
I thought it was computer programs having a skynet-ish meltdown.....gotta blame someone I guess.
WASHINGTON, April 18 (Reuters) - The euro's depreciation has been very helpful, but it is a good level now and stability is needed now, French Finance Minister Michel Sapin said on Saturday.
Too bad noone in europe will listen, im sure the euro will gain 50% within 5 years. occasionally a european makes an obvious statement, usually french or italian, which I guess never gains any momentum since the germans have the continent hypnotized.
If you know what to listen for, Tony Robbins could teach you how to trade. Everything he says is true. I really like how he described what I call buy low, sell high.....
What might look like a lost cause now can be acquired for a fraction of the cost that it’s ultimately worth. And at some point, that stock is bound to go back up. The general rule of thumb is that everything returns to the mean. So take advantage of stocks on the decline. Remember, no matter how cold the winter, there’s a springtime ahead.
And he also stressed that we should focus on Keeping losses small. Tony appeals to the average middle class, so the other 90% of the article was just basic stuff telling you not to invest like a moron.
Last yeat was an all time high for medical spending by americans and an all time high for foreigners applying for tech visas to work here.
The data shows that nationwide spending on medicine hit the highest level since 2001, up 13% in 2014 from the year before.
A record 233,000 foreign workers applied for visas to work in the U.S. tech, science and engineering industries in 2016, Reuters reports.
Most of those tech hopefuls will be upset with the answer they receive — just 85,000 of these H-1B visas can be approved each year, with 20,000 of those set aside for applicants with masters degrees.
At every market top, you get the dumbest of the dumb buying because they don’t want to miss out. Yes, even pros can be dumb — especially if their peers are doing better than they are.
ETF's have been attracting these geniuses. Over $1.25 trillion is currently in etf's. That's what all those tv commercials are for.
WASHINGTON — Steady hiring is supposed to fire up economic growth.
Cheap gasoline is supposed to power consumer spending.
Falling unemployment is supposed to boost wages.
Low mortgage rates are supposed to spur home buying.
America's economic might is supposed to benefit its workers.
Yet all those common assumptions about how an economy thrives appear to have broken down during the first three months of 2015.
Luxury car sales are up.
The stock market is basically trading opposite of oil, so that should lead to a rise in my cameron stock with a decline in the stock market. Exactly what I want. Maybe a year and a half rom now I will be selling cameron and buying the market, we'll see.
