| 148. Even Krugman sees a depression coming. |
|
Surely you read his NYT opinion piece yesterday. And, in my opinion, he's pretty middle of the road, stating the obvious, years after many skeptics saw this coming. You keep believing in the market Cap'n. We're always on opposite sides of this bull/bear thing, but in a year, at most two, I think we may be on the same side finally. Debt deflation, even Krugman says so. BTW, nice to see you.  |
| -STOCK MARKET WATCH, Tuesday June 29 |
ozymandius |
Jun-29-10 06:01 AM |
#0 |
 -
Today's Reports |
ozymandius |
Jun-29-10 06:03 AM |
#1 |
 -
First Report |
ozymandius |
Jun-29-10 08:06 AM |
#23 |
 -
U.S. consumer confidence plummets on job worries @ 52.9 in June |
UpInArms |
Jun-29-10 05:41 PM |
#125 |
| -
Oil tumbles below $77 as hurricane fears ease |
ozymandius |
Jun-29-10 06:05 AM |
#2 |
| -
I have been reminded to post the DU rules. |
ozymandius |
Jun-29-10 06:15 AM |
#3 |
| -
Thanks, Ozy, |
hamerfan |
Jun-29-10 06:28 AM |
#5 |
| -
Thank you. |
ozymandius |
Jun-29-10 06:57 AM |
#10 |
| -
Golly gee whiz OZY..... |
AnneD |
Jun-29-10 08:06 AM |
#24 |
| -
Heh. Don't worry about it. |
ozymandius |
Jun-29-10 08:10 AM |
#26 |
| -
Too bad they don't read us.... |
AnneD |
Jun-29-10 08:22 AM |
#28 |
| -
I would love to attend a Town Hall Meeting with each one of these people. |
ozymandius |
Jun-29-10 09:06 AM |
#40 |
| -
+1 |
Roland99 |
Jun-29-10 11:41 AM |
#88 |
| -
It's The End Of The World As We Know It! |
Dr.Phool |
Jun-29-10 10:30 AM |
#72 |
| -
Dr. Phool, I've been wondering when you would show up. |
ozymandius |
Jun-29-10 10:33 AM |
#73 |
| -
Just been lurking a little lately. |
Dr.Phool |
Jun-29-10 11:01 AM |
#77 |
| -
There should be grades of tombstones. |
ozymandius |
Jun-29-10 11:15 AM |
#80 |
| -
Dr Phool...... |
AnneD |
Jun-29-10 11:31 AM |
#83 |
| -
When mixed |
Dr.Phool |
Jun-29-10 12:34 PM |
#98 |
| -
Doc, that is one of the single funniest posts I've read on DU |
Tansy_Gold |
Jun-29-10 01:47 PM |
#104 |
| -
OK..... |
AnneD |
Jun-29-10 02:17 PM |
#107 |
| -
Don't |
Tansy_Gold |
Jun-29-10 02:30 PM |
#108 |
| -
You |
Tansy_Gold |
Jun-29-10 02:31 PM |
#109 |
| -
DARE! ;-) |
Tansy_Gold |
Jun-29-10 02:31 PM |
#110 |
| -
As long as you are ok with it..... |
AnneD |
Jun-29-10 02:40 PM |
#111 |
| -
Sara is always with me. |
Dr.Phool |
Jun-29-10 03:12 PM |
#116 |
| -
It's well known that I'm not a big fan of Cloistered Virtue. |
Hugin |
Jun-29-10 08:07 AM |
#25 |
| -
Great quote to accompany great ideas! |
ozymandius |
Jun-29-10 08:22 AM |
#29 |
| -
Nietzsche |
TalkingDog |
Jun-29-10 10:24 AM |
#70 |
| -
Very wry, that Nietzsche. |
Ghost Dog |
Jun-29-10 11:06 AM |
#78 |
| -
Consumer spending up, savings at 8-month high |
ozymandius |
Jun-29-10 06:22 AM |
#4 |
| -
Until real reform on Wall Street happens.... |
AnneD |
Jun-29-10 08:17 AM |
#27 |
| -
Mine too. |
ozymandius |
Jun-29-10 08:24 AM |
#30 |
| -
I don't think that is true at all. |
Mickeyc1004 |
Jun-29-10 06:03 PM |
#127 |
| -
I like a sale...... |
AnneD |
Jun-29-10 10:33 PM |
#151 |
| -
Agreed |
Mickeyc1004 |
Jun-30-10 09:03 PM |
#183 |
| -
U.S. Stock Futures Tumble |
rfranklin |
Jun-29-10 06:39 AM |
#6 |
| -
It's a sea of red.. |
girl gone mad |
Jun-29-10 06:49 AM |
#7 |
| -
Ow! |
ozymandius |
Jun-29-10 07:01 AM |
#12 |
| -
I'll be brave enough to say it --- YAY!!!! |
Tansy_Gold |
Jun-29-10 08:34 AM |
#32 |
| -
I've been watching that invisible hand for eleven years, Tansy. |
ozymandius |
Jun-29-10 08:52 AM |
#37 |
| -
Excuse me, but WHAT retirement? |
Tansy_Gold |
Jun-29-10 09:17 AM |
#45 |
| -
Trouble Is, the People Who Ought to be Forcibly Retired, Aren't |
Demeter |
Jun-29-10 09:28 AM |
#53 |
| -
I'm with you |
bread_and_roses |
Jun-29-10 11:56 AM |
#92 |
| -
Asian Stocks Fall to Two-Week Low on Chinese Growth Concerns |
Ghost Dog |
Jun-29-10 07:14 AM |
#13 |
| -
Stocks, U.S. Futures Decline on China; Treasuries, Yen Rally |
ozymandius |
Jun-29-10 07:23 AM |
#17 |
| -
Global Market: 'Goodnight and Good Luck' |
Ghost Dog |
Jun-29-10 07:35 AM |
#19 |
| -
That is worth remembering. |
ozymandius |
Jun-29-10 07:45 AM |
#21 |
| -
New York Fed probes Wall Street exposure to BP: sources |
ozymandius |
Jun-29-10 06:52 AM |
#8 |
| -
New York state may tax out-of-state hedge fund execs |
ozymandius |
Jun-29-10 06:56 AM |
#9 |
| -
European stocks slump on Asian economic fears |
ozymandius |
Jun-29-10 07:00 AM |
#11 |
| -
Strikes hit Greece, Spain; ECB deadline looms |
Ghost Dog |
Jun-29-10 07:17 AM |
#14 |
| -
Euro slips against dollar |
Ghost Dog |
Jun-29-10 07:21 AM |
#16 |
| -
ECB seeks to calm markets as one-year drain looms |
Ghost Dog |
Jun-29-10 11:59 AM |
#93 |
| -
Volcker Rule May Give Goldman, Citigroup Until 2022 to Comply |
ozymandius |
Jun-29-10 07:17 AM |
#15 |
| -
Gives them a dozen years to rape some profits, off-shore them, then on-shore losses at the end. |
Roland99 |
Jun-29-10 11:46 AM |
#90 |
| -
First-Time Homebuyer Traffic Nose-Dive |
ozymandius |
Jun-29-10 07:26 AM |
#18 |
| -
You can put what I know about Real Estate in a thimble...... |
AnneD |
Jun-29-10 08:42 AM |
#34 |
| -
Chicago Fed: Best Days Behind Us? |
ozymandius |
Jun-29-10 07:35 AM |
#20 |
| -
WAAAAAAY behind us. duh. n/t |
Tansy_Gold |
Jun-29-10 01:50 PM |
#105 |
| -
Debt: 06/25/2010 13,038,305,786,811.25 (UP 225,803,092.89) (Fri) |
Festivito |
Jun-29-10 07:51 AM |
#22 |
| -
Debt: 06/28/2010 13,038,916,836,943.40 (UP 611,050,132.15) (Mon) |
Festivito |
Jun-29-10 03:39 PM |
#119 |
| -
European bourses hit by banking liquidity fears |
florida08 |
Jun-29-10 08:28 AM |
#31 |
| -
This is Big Time bad news. |
ozymandius |
Jun-29-10 08:42 AM |
#35 |
| -
FSA bans trader who pushed oil to new highs while drunk |
florida08 |
Jun-29-10 08:39 AM |
#33 |
| -
If they can ban one trader, why can't they ban them all? |
Demeter |
Jun-29-10 08:45 AM |
#36 |
| -
that one made me laugh |
florida08 |
Jun-29-10 09:19 AM |
#46 |
| -
What a fucker! |
ozymandius |
Jun-29-10 08:57 AM |
#38 |
| -
can we say fucker in here?..lol |
florida08 |
Jun-29-10 09:21 AM |
#49 |
| -
Yes. |
ozymandius |
Jun-29-10 09:36 AM |
#56 |
| -
We can also say |
Tansy_Gold |
Jun-29-10 09:34 PM |
#146 |
| -
WTF ALERT: Banks Financing Mexico Drug Gangs Admitted in Wells Fargo Deal |
ozymandius |
Jun-29-10 09:03 AM |
#39 |
| -
Karl Denninger's response |
DemReadingDU |
Jun-29-10 09:15 AM |
#44 |
| -
isn't that cozy |
florida08 |
Jun-29-10 09:30 AM |
#54 |
| -
Ask them how that War On Drugs is going. |
ozymandius |
Jun-29-10 09:39 AM |
#58 |
| -
darn ozy |
florida08 |
Jun-29-10 09:41 AM |
#59 |
| -
my note just got sold to Chase |
Roland99 |
Jun-29-10 11:49 AM |
#91 |
| -
Dang! That didn't take long. |
ozymandius |
Jun-29-10 04:56 PM |
#123 |
| -
heh...I should. |
Roland99 |
Jun-30-10 08:38 AM |
#176 |
| -
Video: A Tribute to The Automatic Earth |
DemReadingDU |
Jun-29-10 09:10 AM |
#41 |
| -
Going Down in Flames |
ozymandius |
Jun-29-10 09:13 AM |
#42 |
| -
Things "feel" bad...in a way that is different from October 2008. |
Hosnon |
Jun-29-10 09:13 AM |
#43 |
| -
You will find most here in agreement. |
ozymandius |
Jun-29-10 09:21 AM |
#48 |
| -
I've always felt that our economy was built on Jell-O but it seems much worse now. nt. |
Hosnon |
Jun-29-10 09:23 AM |
#51 |
| -
What Distinguishes SMW From ANY Other Participatory Blog |
Demeter |
Jun-29-10 09:20 AM |
#47 |
| -
Below 9900--There's Your Truth, Ladies and Gentlemen |
Demeter |
Jun-29-10 09:23 AM |
#50 |
| -
Consumer Confidence Collapses Massively In June |
Demeter |
Jun-29-10 09:34 AM |
#55 |
| -
Well, I don't know what to say except, "That sucks." |
ozymandius |
Jun-29-10 09:41 AM |
#60 |
| -
Which end of October? |
ozone_man |
Jun-29-10 09:38 AM |
#57 |
| -
Which End of October? |
Demeter |
Jun-29-10 09:51 AM |
#62 |
| -
Lowest close? |
ozone_man |
Jun-29-10 10:17 AM |
#68 |
| -
That's definitive--sure! Lowest close in the month of October |
Demeter |
Jun-29-10 10:20 AM |
#69 |
| -
Puetz....I think he's definitely in play |
TalkingDog |
Jun-29-10 10:47 AM |
#75 |
| -
... And Cardinal Cross would greatly amplify that effect, |
Ghost Dog |
Jun-29-10 11:38 AM |
#86 |
| -
But she didn't include June/July. |
ozone_man |
Jun-29-10 11:38 AM |
#87 |
| -
Luckily correlation does not equal causation...or maybe unluckily.... |
TalkingDog |
Jun-29-10 12:24 PM |
#96 |
| -
It does not equal |
ozone_man |
Jun-29-10 01:44 PM |
#103 |
| -
The Sooner This Farce Is Over The Quicker We Can Get to The Bars |
Demeter |
Jun-29-10 11:45 AM |
#89 |
| -
"We are aggregators" |
ozymandius |
Jun-29-10 09:27 AM |
#52 |
| -
I like it |
florida08 |
Jun-29-10 09:54 AM |
#64 |
| -
Well spoken Demeter....... |
AnneD |
Jun-29-10 10:33 AM |
#74 |
| -
good goddess DAMN, Demeter, that was SUPERB!!!! |
Tansy_Gold |
Jun-29-10 01:54 PM |
#106 |
| -
We Can't Have That! |
Demeter |
Jun-29-10 05:21 PM |
#124 |
| -
I'm a crackpot and I speculate a lot about what's going on |
Warpy |
Jun-29-10 04:23 PM |
#121 |
| -
I had a feeling we might be needing this today..... |
TalkingDog |
Jun-29-10 09:50 AM |
#61 |
| -
Do those numbers seem way too big to you? |
Demeter |
Jun-29-10 09:53 AM |
#63 |
| -
In the past - the circuit breakers operated by percentages. |
ozymandius |
Jun-29-10 09:59 AM |
#65 |
| -
That was a stupid change, then |
Demeter |
Jun-29-10 10:24 AM |
#71 |
| -
Well, the last one sure caught my eye.... |
TalkingDog |
Jun-29-10 10:03 AM |
# |
| -
Well, the last one sure caught my eye.... |
TalkingDog |
Jun-29-10 10:03 AM |
#66 |
| -
The William Black |
florida08 |
Jun-29-10 10:17 AM |
#67 |
| -
Blood and Eyeballs On The Floor |
ozymandius |
Jun-29-10 10:54 AM |
#76 |
| -
It's obviously all Obama's fault |
Roland99 |
Jun-29-10 11:13 AM |
#79 |
| -
That sounds like my relatives. |
ozymandius |
Jun-29-10 11:19 AM |
#81 |
| -
Slowly getting there |
Roland99 |
Jun-29-10 11:35 AM |
#84 |
| -
U.S. Stocks Slide on Consumers, China |
Ghost Dog |
Jun-29-10 12:59 PM |
#99 |
| -
Obama Says Economy Hitting ‘Headwinds’ From Europe |
Ghost Dog |
Jun-29-10 01:10 PM |
#101 |
| -
yep, those BP headwinds |
CountAllVotes |
Jun-29-10 02:56 PM |
#114 |
| -
23 Doomsayers Who Say We're Heading Toward Depression In 2011 |
tranche |
Jun-29-10 11:28 AM |
#82 |
| -
There you are! Welcome to SMW |
Demeter |
Jun-29-10 12:14 PM |
#94 |
| -
Thanks for the welcome. Funny thing was I couldn't figure out the reference to SMW. |
tranche |
Jun-29-10 08:10 PM |
#144 |
| -
The three biggest lies about the economy |
Roland99 |
Jun-29-10 11:37 AM |
#85 |
| -
Our theme today...... |
AnneD |
Jun-29-10 12:18 PM |
#95 |
| -
very well-suited. |
Roland99 |
Jun-29-10 12:25 PM |
#97 |
| -
GE took the EPA to court for "violates companies' constitutional rights" |
Robbien |
Jun-29-10 01:06 PM |
#100 |
| -
Nine companies with no revenue or operations were okayed by SEC to sell stock |
Robbien |
Jun-29-10 01:34 PM |
#102 |
| -
Let's not get hasty... |
RUMMYisFROSTED |
Jun-29-10 02:50 PM |
#112 |
| -
The blood letting continues |
florida08 |
Jun-29-10 02:51 PM |
#113 |
| -
PPT is running a little late today. |
Dr.Phool |
Jun-29-10 02:58 PM |
#115 |
| -
just a little turn of the screw on the shorts at the end |
Roland99 |
Jun-29-10 03:30 PM |
#118 |
| -
The PPT is incompetent. |
ozymandius |
Jun-29-10 04:50 PM |
#122 |
| -
No closing saviour today |
Roland99 |
Jun-29-10 03:29 PM |
#117 |
| -
Hmm....maybe I should've thought about relocating to Shanghai. I did like it over there..... |
Roland99 |
Jun-29-10 04:03 PM |
#120 |
| -
Reality Rears it's ugly head again today. |
TheWatcher |
Jun-29-10 05:54 PM |
#126 |
| -
Market goes up and down, what's the surprise in that? |
Mickeyc1004 |
Jun-29-10 06:24 PM |
#128 |
| -
"All in all I think the stock market is behaving as usual." |
TheWatcher |
Jun-29-10 06:37 PM |
#132 |
| -
Stock market is and has always been a gamble, period. |
Mickeyc1004 |
Jun-29-10 07:23 PM |
#136 |
| -
Sorry to offend you, Mick. |
TheWatcher |
Jun-30-10 12:06 AM |
#156 |
| -
Batting 000 against what? |
Mickeyc1004 |
Jun-30-10 12:34 AM |
#162 |
| -
No batting .000 for demonstrating that you have some knowledge of the subject you are trying to |
TheWatcher |
Jun-30-10 12:43 AM |
#164 |
| -
How have you demonstrated anything, but intolerance ? |
Mickeyc1004 |
Jun-30-10 12:59 AM |
#165 |
| -
And now we get to the name calling. |
TheWatcher |
Jun-30-10 01:25 AM |
#166 |
| -
Go to bed already. |
Mickeyc1004 |
Jun-30-10 01:31 AM |
#168 |
| -
And what is your plan of action? |
TheWatcher |
Jun-30-10 01:43 AM |
#169 |
| -
You promised you would go to bed |
Mickeyc1004 |
Jun-30-10 02:02 AM |
#171 |
| -
We May Never See Normal Again |
Demeter |
Jun-29-10 09:44 PM |
#147 |
| -
I disagree. This is normal for the stock market. |
Mickeyc1004 |
Jun-29-10 10:07 PM |
#149 |
| -
Again, it all depends on what you think is normal. |
TheWatcher |
Jun-29-10 11:31 PM |
#152 |
| -
all taken care of. |
Tansy_Gold |
Jun-29-10 11:37 PM |
#153 |
| -
Thank you for the correction, Dear Tansy. |
TheWatcher |
Jun-29-10 11:48 PM |
#155 |
| -
Yeah, well, they kinda look the same to groggy fingers. |
Tansy_Gold |
Jun-30-10 12:12 AM |
#157 |
| -
I know what you mean. |
TheWatcher |
Jun-30-10 12:27 AM |
#160 |
| -
I say it's normal because the stock market has always... |
Mickeyc1004 |
Jun-30-10 12:23 AM |
#159 |
| -
No it's not a personal problem, it's a lack of understanding. |
TheWatcher |
Jun-30-10 12:37 AM |
#163 |
| -
Here's the recent history of the stock market. |
mbperrin |
Jun-30-10 07:30 AM |
#175 |
| -
Still Historically normal for the stock market. |
Mickeyc1004 |
Jun-30-10 04:29 PM |
#179 |
| -
More..... |
Mickeyc1004 |
Jun-30-10 04:35 PM |
#180 |
| -
More..... |
Mickeyc1004 |
Jun-30-10 04:37 PM |
#181 |
| -
Haven't been in since 2000. Started buying real property. |
mbperrin |
Jun-30-10 09:16 PM |
#184 |
| -
Studies show |
Mickeyc1004 |
Jun-30-10 09:48 PM |
#185 |
| -
Name one study and provide a link to it, please, that says this. |
mbperrin |
Jul-01-10 12:08 AM |
#186 |
| -
I was questioning what you said about studies |
Mickeyc1004 |
Jul-01-10 08:54 AM |
#187 |
| -
No real information, young inexperienced investor, well, good day. |
mbperrin |
Jul-01-10 11:05 AM |
#188 |
| -
See it's comments like that and lack of civility |
Mickeyc1004 |
Jul-01-10 02:10 PM |
#189 |
| -
Except you're the one without manners. Discounting research and historical |
mbperrin |
Jul-01-10 06:28 PM |
#191 |
| -
"and there comes a point when a puppy who poops on a floor changes into a full grown dog doing |
TheWatcher |
Jul-01-10 07:44 PM |
#192 |
| -
Thanks for your kind comments. |
mbperrin |
Jul-01-10 09:02 PM |
#193 |
| -
Just so you know, Watcher and mbperrin: Sometimes there is value |
Tansy_Gold |
Jul-01-10 09:37 PM |
#194 |
| -
Thank You, Dear Tansy. I think of you as a wonderful voice of reason, and a balance to my fury. |
TheWatcher |
Jul-02-10 12:18 AM |
#195 |
| -
You didn't introduce facts, you introduced opinions |
Mickeyc1004 |
Jul-02-10 12:36 PM |
#196 |
| -
And what facts have you presented? |
TheWatcher |
Jul-03-10 08:34 PM |
#198 |
| -
Both |
Tansy_Gold |
Jun-29-10 06:47 PM |
#134 |
| -
Good Summary, Tansy. |
TheWatcher |
Jun-29-10 06:53 PM |
#135 |
| -
Did you read what I wrote? Democrats are not all alike. |
Mickeyc1004 |
Jun-29-10 07:45 PM |
#137 |
| -
No, I didn't read it. I replied to something I didn't even look at |
Tansy_Gold |
Jun-30-10 12:20 AM |
#158 |
| -
You say, you read my post |
Mickeyc1004 |
Jun-30-10 12:30 AM |
#161 |
| -
More...had to break this up because it was getting long. |
Mickeyc1004 |
Jun-29-10 07:54 PM |
#139 |
| -
You know the general attitude of doom and malaise in GD ? |
Capn Sunshine |
Jun-29-10 06:30 PM |
#129 |
| -
Yes, Yes Everything is just fine. Nothing to see. |
TheWatcher |
Jun-29-10 06:33 PM |
#130 |
| -
it makes a market |
Capn Sunshine |
Jun-29-10 06:34 PM |
#131 |
| -
Well, opinions, and all that. |
TheWatcher |
Jun-29-10 06:42 PM |
#133 |
| -
The bottom line should be, there is no recovery without a REAL major jobs bill. |
Dappleganger |
Jun-29-10 08:04 PM |
#141 |
| -
To add to that, I find something confusing. Maybe someone can explain it to me. |
TheWatcher |
Jun-30-10 01:57 AM |
#170 |
| -
You just cannot be more insane... |
Dappleganger |
Jun-30-10 01:17 PM |
#178 |
| -
Question is: Producing what? |
Ghost Dog |
Jun-30-10 03:52 AM |
#173 |
| -
Honey, if I knew the answer to that question... |
Dappleganger |
Jun-30-10 01:15 PM |
#177 |
| -
it was just a commentary |
Capn Sunshine |
Jun-29-10 08:06 PM |
#143 |
| -
Even Krugman sees a depression coming. |
ozone_man |
Jun-29-10 10:00 PM |
#148 |
| -
okay, Cap'n - what does it mean? and what are you trying to say to us?` |
UpInArms |
Jun-29-10 10:30 PM |
#150 |
| -
With all due respect Captain, you can take your thinly veiled insults and shove them where you keep |
TheWatcher |
Jun-29-10 11:45 PM |
#154 |
| -
It's like getting a daily enema treatment... |
Dappleganger |
Jun-29-10 08:01 PM |
#140 |
| -
Resistance is futile. You will be assimilated. (just joking) |
Mickeyc1004 |
Jun-30-10 01:28 AM |
#167 |
| -
Truly a legendary thread today! |
hamerfan |
Jun-29-10 07:54 PM |
#138 |
| -
Great pic! |
Dappleganger |
Jun-29-10 08:06 PM |
#142 |
| -
Predictions, Rhetoric and financial advice. |
Mickeyc1004 |
Jun-29-10 08:32 PM |
#145 |
| -
Your adversary can prevail over you |
snot |
Jun-30-10 02:52 AM |
#172 |
| -
How wise you are |
Tansy_Gold |
Jun-30-10 07:00 AM |
#174 |
| -
Quite frankly |
Mickeyc1004 |
Jun-30-10 04:54 PM |
#182 |
| -
Don't take it so personally... nt |
Juneboarder |
Jul-01-10 04:55 PM |
#190 |
| -
I'm not taking it personally |
Mickeyc1004 |
Jul-02-10 01:00 PM |
#197 |
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