And Now The US Economy Looks Ready To Slow Down en-us Wed, 31 Dec 1969 19:00:00 -0500 Sat, 27 Dec 2014 04:00:12 -0500 Joe Weisenthal Aarow Mon, 22 Apr 2013 12:07:22 -0400 Exactly, instead of Congress and the Senate focusing on the American people, like creating new Jobs no instead they focus on more Tax cuts for the Rich and give more of our hard to earn Tax money away in government subsidies to the Rich, Big Oil, Corporations and Big Banks. And to pay for all this highway robbery, fraud, and criminal behavior the Republicans want to raise the working class Taxes and cut all benefits which Republicans consider "Entitlements" like Our own paid in tax money "Necessary" social benefits like Social Security, Medicare health benefits, schools, firemen, police, roads and bridges. They want all of Americans to go homeless and everything to crumble in our Society so they can give even more of our tax money until it's all gone to the Rich who do not deserve our need to steal our paid in by our own taxes Welfare, Disability, Medicare, and all social services because the Rich Banks and Corporations do not pay into our system at all, but rather are only Leeches sucking America dry . I guess the U.S Military, if there is one left soon, will then have to invade yet other Country(ies) and suck them dry as they are doing to U.S citizens for over 30 years now. For the long term American Fascism Capitalism does not work, never has, and it never will period !!! Fritz Pfister Mon, 15 Apr 2013 05:46:50 -0400 The American (capitalist) free market economy cannot function properly when it's not free. Imperial presidents, rouge bureaucrats, crony capitalists, and unions have all but killed organic growth. In the land of Kings and Queens do the royalty pick winners and losers. Not working so well here. ss123 Mon, 15 Apr 2013 02:05:45 -0400 Never noticed it sped up... Grand Supercycle Sun, 14 Apr 2013 23:47:20 -0400 Short covering has been a significant contributor to this rally. Burnt shorters panic buy as they close their losing short trades which ramped the market higher and higher until they all gave up. The shorters can be hedgers and speculators but the result is the same ~ the market spikes UP. What happens when you stretch the bungee cord too far as a result of substantial short covering ? A waterfall collapse can occur as there will be minimal short covering when longs start panic selling. SP500 / DOW / NASDAQ - now very overextended - monthly charts warn of a nasty Wile E Coyote crash. Choppy price action on these indices reveal unstable uptrends that are destined for collapse. The Wile E Coyote drop has been delayed but remains a certainty. The substantial delay - with much needed corrections prevented due to central bank intervention - ensures the inevitable crash will be worse. DXY [US dollar] monthly chart continues to give bullish warnings and a significant US dollar rally awaits. Be careful folks. trader618 Jack Burton Sun, 14 Apr 2013 20:56:02 -0400 Everyone likes to measure the US economy by consumer spending. Basic physics would indicate that consumer spending requires consumer income, i.e. money flowing into their possession. For the consumer to obtain income he most likely needs a job, and a job with decent pay at that. There is little evidence of rising consumer incomes, and even less evidence of real jobs growth. There is no evidence at all of new jobs that replace old ones having higher or even equal wages. That leaves debt, consumers can assume more debt in order to spend. That requires the same resource, i.e. income, in order to service the debt. Even if consumers somehow obtained income growth or could afford debt growth, consumers who spend, spend mostly on goods manufactured in foreign countries. American business can retail the stuff to Americans, but the chain of income is broken when Americans lose the good paying jobs that used to make most of what American consumers bought. Lower wages, less employees, more production by cheap foreign labor? Yes, all this jacks up corporate profits to new record highs. The stock holders, owners and executives profit mightily. The vast majority of Americans profit not at all by this new system. American business cries for consumers to spend, but consumers are the people that used to work for the corporations making the stuff that filled store shelves. Business cuts jobs, cuts pay, cuts benefits and refuses ti believe that the consumer is often the same person they fired to reduce labor costs. China may be a growing market, but it isn't going to save corporate America when US consumers have no income growth and fewer and fewer jobs.