Pie in the sky markets for Tuesday 9 Aug 2011

[Small Biz Owner]

World markets in decline.
Hang Seng -5.66% closed
DAX -3.73% open
CAC -2.66% open
FTSE -2.21% open
Nikkei -1.68% closed


DOW futures down, up, down, up. Now down -24 at 6am

Another Wall Street wild ride?

My wallet opens up at DOW 9,999 for new stock investments.

[Small Biz Owner]

Now DOW futures up +120. Wild ride awaits.

[smackdown]

Bernanke issues his Fed-Intervention statement afternoon today. It should be interesting because-- while it appears that Wall Street is addicted to Fed Stimuli, nations globe-wide now realize that JOBS with family-sustaining pay actually lifts the whole economy instead of buying BMWs for the pompous asses holding us in a decline pattern (to get more stimuli). The more debt we make, the more Fed money engaged, the more complex financial vessels and instruments exist as potential income-earners (off the interest) for big wealth. It's a trend worth bending until it breaks. I'm sure the President is aware of this and isn't endorsing a QE3. There's enough money already to spur a recovery. It needs to exit the financial sector and enter Main Streets globe-wide, preferably as Big Business Busters. I'll take millions of Mom & Pop Shops over an oligarchy of Analyst-Manipulated Big Box Imported Junk Stops every day. Are you worried about inflation? I'm not worried about inflation. I won't buy it. Let it build up and break the trend.

[lifewasgood]

VL,

We are going to drive this truck until it won't move any more! Flat tires, blown head gasket, fuel tank leaking, radiator overheating, damn the mined road, full speed ahead! Not until the machine completely breaks down will we rebuild. Therefore as long as it moves, more fuel will be added. Can you spell QE3!

[decoy409]

We keep using that term 'money' however 'actual' 'produced' money is not generated by a click of the button. Credit and actual money simply needs to be seperated,period.
Speculating 'credit given' and then mixed up claiming it is money,is not producing 'actual' money,simply credit.
When things were sold off down the road and out of this country and only continue to be treated the same,this is not reform as main street people are and have been runing dry.
Want some 'actual' money in the system? Going to have to start taking it from those who have it in order to keep that 'credit.'

[smackdown]

"Not until the machine completely breaks down will we rebuild."

I agree... as long as there are Lobby kick-backs to Congress, the drunk will drive the wreck. I also agree that QE fuels the crisis, not the recovery.

[decoy409]

Now fill in the spots for me on #4.