Impossible! We all know the world will end any day now, dogs and cats will get along, Jews will finally recognize Jesus, and Obama will resign!
“Apple remains a pivotal stock and an important contributor to aggregate corporate profits, and its blowout results cannot be overstated in consequence and on investor sentiment. “
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Apples factories are in communist China, so Apple success will be good for America’s stock market ... how?
It's easy for the PRT to pump up the prices on low volume.
Ready to surge...downward (aka dive).
The stock market is like playing solitaire. It’s only a matter of timing and quickness of trade. Everything is punched in and out in random fashion using dubious algorithms and software helping the trader track and punch in the trades. It is garbage in and garbage out computation gallore.
What is real, however, is that the banks are going to KNOW that the money they get back from their loans and the government agent being paid in cash, is going to be bogus.
THe government agent (Obama having a UBS convict account for governments exploiting people in Africa) is going to hoard in Switzerland metals, technologies and what not, while the rest will be starving. Then they will blame the hoarding on your next door neighbor trying to make a survival buck on the “black market”, hanging him for being a capitalist.
It is no accident that Stalin was a failed law student and lawyer in Switzerland... and that the monster story of the Elders of Zion meeting in Switzerland was concocted by communists in France and elsewhere for Hitler to drink like milk. Interesting also that Napoleon wanted to take Russia and that Hitler went to the Caucasus to see his Aryan friends, trying to take the place/world from both ends.
Now that America is being Zimbabwe-ed as I had predicted years ago, the Euro commies all too happy to put a damper on accademic and technologic and moral achievement in America, the game is on, with the GOP-E covering up the tracks and the bad things liberals and crooks do, TARP and stimulus style.
As a result, US banks will fail, along with the FED, while the IMF and other Swiss banks and crooked eastern alternatives intimidating them all over the world will do fine... at least for a time, in that monster campus of school students who don’t have to pay consequences for immorality in front of a boss...
Little pedophile daddy’s little boy like these do not last long, however, at the Gulag this is going to turn into.
5. George Soros has greenlighted Operation Kenyan Glockenspiel to swing into action.
Any discussion of our nation’s financial health without any mention of “debt” can be safely ignored. If stocks surge again (and yes, they might do so), it will not be due to corporate earnings or projected GDP growth - it will happen when the Fed announces the next round of quantitative easing (CTRL+P; rinse, later, and repeat).
Interesting! 20 some odd responses and almost uniform bearishness. Sounds like Mr. Kass might well be right . . . after all, contrarian investing is usually the best approach! The market will continue to rise if Obama’s re-election continues to look unlikely, which I believe it is.