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Stocks unravel after factory report; Dow sinks 300-plus points
CNBC.COM ^ | Monday, 3 Feb 2014 | Kate Gibson

Posted on 02/03/2014 2:33:52 PM PST by FreeAtlanta

Stocks were battered on Monday, with investors fleeing equities after factory data cast a negative light on the economy.

Article Link: Stocks unravel after factory report

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy
KEYWORDS: again; dow; economy; factoryreport; factoryrreport; fed; gold; stockmarket; stocks

1 posted on 02/03/2014 2:33:52 PM PST by FreeAtlanta
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To: FreeAtlanta

Bonds anyone? Yields have been down, they are looking better every day...at least you aren’t losing 3% in one fell swoop even on a weak day. Ouch!!


2 posted on 02/03/2014 2:39:52 PM PST by Gasshog (These introductions of non-native species have consequences, like allowing Obama back into the U.S.)
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To: FreeAtlanta

Why doesn’t Obama get credit for the economy?

:)


3 posted on 02/03/2014 2:41:47 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: FreeAtlanta

Looks like I picked a bad day to lose my job.


4 posted on 02/03/2014 2:53:53 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: mylife

“Looks like I picked a bad day to lose my job.”

If it’s true that you lost your job today, I truly am sorry.


5 posted on 02/03/2014 2:57:17 PM PST by pieceofthepuzzle
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To: lepton
“Why doesn’t Obama get credit for the economy?”

Obama’s ‘credit’ follows very simple rules. If anything is good - he did it. If anything is bad - he didn't do it. It's really very easy once you've got it down.

6 posted on 02/03/2014 2:59:51 PM PST by pieceofthepuzzle
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To: mylife

Yep, yesterday would have been sooooooo much better....


7 posted on 02/03/2014 3:00:03 PM PST by nevergore
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To: pieceofthepuzzle

Thanks..
It’s gonna be fine.


8 posted on 02/03/2014 3:00:07 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: nevergore

9 posted on 02/03/2014 3:00:30 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: FreeAtlanta

Don’t Worry . . . Be Happy.


10 posted on 02/03/2014 3:04:18 PM PST by YHAOS
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To: FreeAtlanta
It'll probably go up 350 tomorrow as the Feds put in at least a hundred billion tomorrow.
11 posted on 02/03/2014 3:05:20 PM PST by Logical me
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To: Logical me
There's no reason for the stock markets to be as high as they are. Yet it is obvious that the markets are being played at the expense of the small investors.

While it won't happen, I would love to see a panic move tomorrow where a lot of investors flee stocks for bonds or cash. The economy and lack of sustainable real jobs needs to make front page news. My apologies to those on FR who are heavily invested in stocks.

12 posted on 02/03/2014 3:14:41 PM PST by CatOwner
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To: CatOwner
Once the panic starts, it will be ificult to stop with record margin levels.


13 posted on 02/03/2014 3:33:42 PM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: FreeAtlanta

The Recovery marches on. Forward!


14 posted on 02/03/2014 3:37:32 PM PST by epluribus_2 (he had the best mom - ever.)
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To: CatOwner; Gasshog

There are also warnings of a bond bubble about to burst.


15 posted on 02/03/2014 3:41:36 PM PST by Cold Heart
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To: mylife

You’re in my prayers...


16 posted on 02/03/2014 3:45:58 PM PST by GOPJ (The Nation's divided between those who are to be fooled and those who do the fooling.Greenfield)
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To: GOPJ

Thanks mate.


17 posted on 02/03/2014 3:47:42 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: Cold Heart
"There are also warnings of a bond bubble about to burst."

In what respect? Who would be more at risk, individual bond holders, or bond mutual fund holders?

18 posted on 02/03/2014 3:52:10 PM PST by CatOwner
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To: FreeAtlanta

It was the factory data, yeah, that’s what it was, we’ll just use that.

LOL


19 posted on 02/03/2014 4:24:25 PM PST by Talisker (One who commands, must obey.)
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To: FreeAtlanta

Obama...fundamentally changing America......into a pile of dung.


20 posted on 02/03/2014 4:25:12 PM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: FreeAtlanta


21 posted on 02/03/2014 4:27:57 PM PST by SoFloFreeper
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To: SoFloFreeper

The “Mr. Conservative” graphic above is a bit dated...but fairly accurate, still.


22 posted on 02/03/2014 4:28:49 PM PST by SoFloFreeper
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To: FreeAtlanta

DXD. Goes up when the Dow goes down.


23 posted on 02/03/2014 4:32:34 PM PST by Chuckster (The longer I live the less I care about what you think.)
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To: All

Asian stocks follow US selloff; Nikkei in correction territory

http://www.cnbc.com/id/101386255


24 posted on 02/03/2014 4:39:15 PM PST by John W (Viva Cristo Rey!)
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To: mylife

I once lost my job the day after I emptied my savings account to buy a boat. No severance, nothing. I wound up living on the boat. Still do. Best thing that ever happened to me.


25 posted on 02/03/2014 4:39:46 PM PST by Chuckster (The longer I live the less I care about what you think.)
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To: Chuckster
I like your attitude! LOL ☺ Sail on!
26 posted on 02/03/2014 4:41:12 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: SoFloFreeper

How is that unemployment rate derived? The clown admin claims it is under 7% - I know they LIE.


27 posted on 02/03/2014 4:46:05 PM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: SoFloFreeper

Little barry bastard boy is successful beyond his masters’ wildest dreams! He has increased the national debt (we pay his masters interest so we the people use our tax monies) and increased the dependency class, AND reduced employment dramatically. Yes, they are getting what they’re paying for. And he, the prince of lies, will retire to a government protect estate in Hawaii as a multi-millionaire beyond the reach of mere citizens.


28 posted on 02/03/2014 4:46:58 PM PST by MHGinTN (Being deceived can be cured.)
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To: MHGinTN

Oh yeah, I forgot to add that the black people he and his racist minions have been exploiting will remain just as feckless as before he used them and tossed them aside for his retirement into avaricious living.


29 posted on 02/03/2014 4:48:50 PM PST by MHGinTN (Being deceived can be cured.)
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To: Chuckster

Glad it worked out for you.


30 posted on 02/03/2014 5:11:38 PM PST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: lepton

lol


31 posted on 02/03/2014 6:17:20 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: pieceofthepuzzle

lol Maybe Moochy isn’t getting enough credit if zero is hogging it all.


32 posted on 02/03/2014 6:19:15 PM PST by Kackikat
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To: CatOwner

I received an e-mail with some references about the bond market bubble.
One was from David Stockman where he made his predictions last year. I remember seeing an interview with him on Varney where he spoke of a deflationary bubble.

The other two more recent, Doug Casey of Casey Research and Michael Maloney’s Hidden Secrets of Money.

I didn’t read the latter two, just that they were predicting collapse.

I would think all forms would be equally hurt because the collapse is at the monetary level, not at a particular bond.

Anther guy on Lou Dobbs tonight said there were buying opportunities due to the drop in the stock market by 10%.
Dobbs noted that some people were looking for a 20% drop.

The person who sent me the info is thinking of taking a cash position out of his IRA. Paying the tax instead of a bigger loss.

We should probably move this to a prepper’s forum:)


33 posted on 02/03/2014 7:09:27 PM PST by Cold Heart
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To: mylife

I am sorry. I lost mine in October, but was blessed to get a better one a little closer to home that I started in December.

I hope you have equal or better fortune.


34 posted on 02/03/2014 7:18:59 PM PST by FreeAtlanta (Liberty or Big Government - you can't have both.)
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To: YHAOS
Don’t Worry . . . Be Happy.
35 posted on 02/03/2014 8:08:29 PM PST by logi_cal869
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To: FreeAtlanta

Still mulling stuff over here.

Had a bite this AM for a new job.


36 posted on 02/04/2014 3:10:42 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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