frankq
Well-Known Member
Joined: Jan 28, 2013 18:48:45 GMT -5
Posts: 1,577 
|
Post by frankq on Mar 26, 2013 15:45:02 GMT -5
Wow...Apparently, not much hand wringing over Cyprus....
|
|
frankq
Well-Known Member
Joined: Jan 28, 2013 18:48:45 GMT -5
Posts: 1,577
|
Post by frankq on Mar 28, 2013 16:00:51 GMT -5
New all time highs for the DOW and S&P! No doubt some correction is due.....but not today.....
|
|
Peace Of Mind
Senior Associate
[font color="#8f2520"]~ Drinks Well With Others ~[/font]
Joined: Dec 17, 2010 16:53:02 GMT -5
Posts: 15,554 
Location: Paradise
|
Post by Peace Of Mind on Mar 28, 2013 16:24:58 GMT -5
If this is life support give me mouth to mouth, baby and keep it coming!!
|
|
frankq
Well-Known Member
Joined: Jan 28, 2013 18:48:45 GMT -5
Posts: 1,577
|
Post by frankq on Mar 28, 2013 22:19:05 GMT -5
Absolutely!
|
|
frankq
Well-Known Member
Joined: Jan 28, 2013 18:48:45 GMT -5
Posts: 1,577
|
Post by frankq on Mar 29, 2013 14:56:45 GMT -5
clickity-clcik debt credits called US currency......not doing so well behind the scenes.
Oh dude......I can't wait until next week. You're gonna feel really silly for making that statement....LOL!!
|
|
frankq
Well-Known Member
Joined: Jan 28, 2013 18:48:45 GMT -5
Posts: 1,577
|
Post by frankq on Mar 29, 2013 17:05:02 GMT -5
Ha,that's strange. so called big time is not so big,go figure.
What??
|
|
sunrnr
Established Member
SISU
Joined: Oct 4, 2012 15:03:01 GMT -5
Posts: 463
Location: Somewhere between Now Here and No Where.
Favorite Drink: Ice cold spring water
|
Post by sunrnr on Mar 29, 2013 20:28:42 GMT -5
Hoot!Hoot!
|
|
frankq
Well-Known Member
Joined: Jan 28, 2013 18:48:45 GMT -5
Posts: 1,577
|
Post by frankq on Apr 1, 2013 16:17:38 GMT -5
Can't help but not to laugh!
Of course looking back a few months ago and watching the cheer squad.....
April 1,2013 - U.S. Stocks Fall as American Manufacturing Index Slips
(same source)
Well it already slipped sometime ago however it's nice to kick the mess a tad further into the open from that pile being tripped upon.
He is aware that the market is up huge over the last few months ....right? What did it drop....like a handful? Wow....a crash...
|
|
Aman A.K.A. Ahamburger
Senior Associate
Viva La Revolucion!
Joined: Dec 20, 2010 22:22:04 GMT -5
Posts: 12,758
|
Post by Aman A.K.A. Ahamburger on Apr 2, 2013 11:24:40 GMT -5
And today because of factory orders.... Lol... Wait, so there IS something to this US manufacturing comeback? Who knew? TooT TooT!  |
|
bimetalaupt
Senior Member
Joined: Oct 9, 2011 20:29:23 GMT -5
Posts: 2,325
|
Post by bimetalaupt on Apr 2, 2013 12:11:02 GMT -5
And today because of factory orders.... Lol... Wait, so there IS something to this US manufacturing comeback? Who knew? TooT TooT!  You should see the yard full of new pumpers just ready to go Frac all those new wells in West Texas.. Also Sand haulers and Mixers for sand and water with the all those 2500 HP pumps. 15,000 brl a minute.. Did I say water haulers  And New Vans... Command centres on FWD Super heavy 6X6 with six computers and wire control to control up to 40 pumper running a one time.. Did I say new 4X4 Ford 250's... What factory? Just a thought, BiMetalAuPt |
|
|
|
Post by Steady As She Goes on Apr 2, 2013 12:15:52 GMT -5
Anyone have one of those Cracker Jack decoder ring thingies? I seem to have stumbled across the mother of all market news but I have no freaking idea what it means.....
"Another cash cow that works on the same principal... ...as long as you have monkeys installed that will work for climbing the bars and eating banannas as pay, things of the following don't make it out and the blinders stay on a lot of folks. Part of the monkeys job you know.
While String puppets and monkeys jump and dazzle, the majority are simply enjoying their great antics and humour. As far as the string puppets and monkeys and REALITY goes..."
|
|
Deleted
Joined: Nov 21, 2024 20:17:52 GMT -5
Posts: 0
|
Post by Deleted on Apr 2, 2013 12:20:04 GMT -5
"shhhhh....its a secret.....if it gets out, the powers to be will have to send out the clean up crew"
and you know what that means.....
"curtains my boy.....curtains for all of us"
|
|
usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
|
Post by usaone on Apr 2, 2013 12:26:27 GMT -5
And today because of factory orders.... Lol... Wait, so there IS something to this US manufacturing comeback? Who knew? TooT TooT! You should see the yard full of new pumpers just ready to go Frac all those new wells in West Texas.. Also Sand haulers and Mixers for sand and water with the all those 2500 HP pumps. 15,000 brl a minute.. Did I say water haulers And New Vans... Command centres on FWD Super heavy 6X6 with six computers and wire control to control up to 40 pumper running a one time.. Did I say new 4X4 Ford 250's... What factory? Just a thought, BiMetalAuPt Fracking is taking off here in Pa too. How's the drought doing in Abilene Bruce? |
|
bimetalaupt
Senior Member
Joined: Oct 9, 2011 20:29:23 GMT -5
Posts: 2,325
|
Post by bimetalaupt on Apr 2, 2013 12:43:02 GMT -5
USA WON >  Yes we have rain here and at the ranch (Kermit)...Esp at the ranch the sand drinks up the rain and fill the under ground lakes with fresh water. You have to keep the duck pond full for the deer and antelope.  It looks like the Eagle Ford will be working the Frac Trucks hard this year.. I got six deals to read and study for Oil and Gas in the area. We can tell Iran what they can do with their Oil!!!  Revenge is a tasty soup best served Cold Just a thought , Bruce  |
|
damnotagain
Well-Known Member
Joined: Oct 19, 2012 21:18:44 GMT -5
Posts: 1,211
|
Post by damnotagain on Apr 2, 2013 13:40:07 GMT -5
Revenge is a tasty soup best served Cold.
Yes it is !
|
|
usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
|
Post by usaone on Apr 2, 2013 15:36:43 GMT -5
As FTI said a few years ago...we will be feeding the world and selling energy to the world also.....mostly to the emerging middle class in Asia.
I wonder if Jim Rogers will move back to the US from Singapore??
Gold and Silver took it on the chin again today.
Market UP!
Dollar UP!
Metals DOWN!!
|
|
frankq
Well-Known Member
Joined: Jan 28, 2013 18:48:45 GMT -5
Posts: 1,577
|
Post by frankq on Apr 2, 2013 16:11:30 GMT -5
Good enough to post here too..........
"Within the next five years, the United States is expected to experience a manufacturing renaissance as the wage gap with China shrinks and certain U.S. states become some of the cheapest locations for manufacturing in the developed world," predicted global business strategy firm The Boston Consulting Group (BCG) in May 2011.
"All over China, wages are climbing at 15 to 20 percent each year because of the supply-and-demand imbalance for skilled labor," says Harold L. Sirkin, a BCG senior partner. "Net labor costs for manufacturing in China and the United States should converge by 2015. As a result of the changing economics, more products will be made in the United States in the next five years."
www.inboundlogistics.com/cms/article/is-us-manufacturing-coming-back/
The number of firms known to have “reshored” manufacturing to America is well under 100. Doubtless many more are doing so quietly. Examples range from the tiny, such as ET Water Systems, to the enormous, such as General Electric, which last year moved manufacturing of washing machines, fridges and heaters back from China to a factory in Kentucky which not long ago had been expected to close. Google has attracted a great deal of attention for deciding to make its Nexus Q, a new media streamer, in San Jose.
www.economist.com/news/special-report/21569570-growing-number-american-companies-are-moving-their-manufacturing-back-united
By offering subsidies, cheap labor, and lax regulations and rigging its currency, China was able to seduce American companies to relocate their manufacturing operations there. Millions of American jobs moved to China, and manufacturing became the underpinning of China’s growth and prosperity. But rising labor costs, concerns over government-sponsored I.P. theft, and production time lags are already causing companies such as Dow Chemicals, Caterpillar, GE, and Ford to start moving some manufacturing back to the U.S. from China. Google recently announced that its Nexus Q streaming media player would be made in the U.S., and this put pressure on Apple to start following suit.
www.forbes.com/sites/singularity/2012/07/23/the-end-of-chinese-manufacturing-and-rebirth-of-u-s-industry/ |
|
|
|
Post by Steady As She Goes on Apr 2, 2013 17:12:17 GMT -5
Good stuff, Frankq.
Certainly, eveything's NOT fixed and coming up roses (probably never will be) ... but the direction this slow recovery continues to be heading in, is encouraging. Still lots of potholes and hiccups along the way, though. Keep the faith, brothers and sisters.
|
|
bimetalaupt
Senior Member
Joined: Oct 9, 2011 20:29:23 GMT -5
Posts: 2,325
|
Post by bimetalaupt on Apr 2, 2013 17:43:23 GMT -5
Good stuff, Frankq. Certainly, eveything's NOT fixed and coming up roses (probably never will be) ... but the direction this slow recovery continues to be heading in, is encouraging. Still lots of potholes and hiccups along the way, though. Keep the faith, brothers and sisters. SSG, Yes but what i fear are the Black Swans in the EU Banking!!! Recall the Rothschild bank (Creditanstaltin) Vienna in 1932.. Started the increasing amplification disaster of the world banking system. It almost started in 2008 with Baxia Bank. The Federal Reserve had to infuse more money then any American Bank to keep the system from self destruction.. And almost no one in America had heard of Dexia Bank.. I know I had not. . Bank for buying sovereign assets.....Just a thought, Bruce Reuters) - JPMorgan Chase & Co (JPM.N) has won the dismissal of nearly all of a lawsuit accusing it of misleading the Belgian-French bank Dexia SA (DEXI.BR) into buying more than $1.6 billion of troubled mortgage debt. The decision made public on Wednesday by U.S. District Judge Jed Rakoff in Manhattan is a victory for the largest U.S. bank and its chief executive, Jamie Dimon, eliminating an estimated 99 percent of the potential damages. Dexia's case that gained notoriety after emails and other materials were disclosed that suggested the bank and its affiliates knew the residential mortgage-backed securities they were selling were toxic, but sold them anyway. Rakoff said he would explain the reasons for his decision "in due course." In a statement, JPMorgan's law firm Cravath, Swaine & Moore said the dismissal of Dexia's claims on all but five of the 65 RMBS certificates at issue reduced potential damages to about $5.7 million from $774 million. Dexia was not immediately available for comment. A spokesman for its U.S. law firm declined to comment immediately. JPMorgan spokeswoman Jennifer Zuccarelli declined to comment. finance.yahoo.com/news/jpmorgan-wins-dismissal-most-dexia-171453807.html |
|
|
|
Post by Steady As She Goes on Apr 2, 2013 18:31:43 GMT -5
We all have positive as-well-as negative concerns. We can reason past events as being "no-way-out repeatable" or "we-know-enough preventable" ... or somewhere in between. We all learn a great deal "after the facts" and we all play "what if" scenarios for the future. No decision made today guarantees tomorrows outcome. Sometimes we have to rely on the unknown. It's just the way it is. Your comment about Baxia Bank and the Federal Reserves action tells me that we should maybe be glad that someone somewhere had the smarts to do something, no matter how drastic, to avoid the system from destruction. Like I said ... everything's not fixed ... a far cry from it yet ... but we seem to be pointed in the right direction IMHO. I expect more problems ... but I'm also optimistic that there will be more solutions as well. |
|
damnotagain
Well-Known Member
Joined: Oct 19, 2012 21:18:44 GMT -5
Posts: 1,211
|
Post by damnotagain on Apr 3, 2013 8:12:15 GMT -5
Good enough to post here too! Change in Small Business Employment by Company Size (in thousands)[/a][/h3]  [/div] Change in Small Business Employment by Sector (in thousands)[a href="http://twitter.com/share?text=[CHART]%20ADP%20Change%20in%20Small%20Business%20Employment%20by%20Sector&url=http://bit.ly/YR5f59" style="margin:0px;padding:15px 0px 0px 22px;text-decoration:none;outline:none;float:right;background-image:url(http://www.adpemploymentreport.com/RI/images/ri/bkgd_twitter-16x15.png);height:16px;background-position:0px 15px;background-repeat:no-repeat no-repeat;"]Tweet this chart[/a][/h3]  [/div] |
|
decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
|
Post by decoy409 on Apr 3, 2013 8:55:06 GMT -5
I tried to bring that up damnotagain however was unable to. Link or alternative please.  |
|
damnotagain
Well-Known Member
Joined: Oct 19, 2012 21:18:44 GMT -5
Posts: 1,211
|
Post by damnotagain on Apr 3, 2013 9:06:00 GMT -5
|
|
damnotagain
Well-Known Member
Joined: Oct 19, 2012 21:18:44 GMT -5
Posts: 1,211
|
Post by damnotagain on Apr 3, 2013 9:20:23 GMT -5
This is some more current data!
Change in Total Nonfarm Private Employment by Selected Industry (in thousands)Tweet this chart |
|
damnotagain
Well-Known Member
Joined: Oct 19, 2012 21:18:44 GMT -5
Posts: 1,211
|
Post by damnotagain on Apr 3, 2013 9:24:35 GMT -5
They forgot to add all those construction jobs .
|
|
damnotagain
Well-Known Member
Joined: Oct 19, 2012 21:18:44 GMT -5
Posts: 1,211
|
Post by damnotagain on Apr 3, 2013 9:29:51 GMT -5
Market on life support! Fed funded for how long? Year maybe
|
|
usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
|
Post by usaone on Apr 3, 2013 9:29:54 GMT -5
Employment continues to improve............
|
|
decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
|
Post by decoy409 on Apr 3, 2013 11:28:25 GMT -5
*Stick to the material, decoy, and don't insult the poster. - mmhmm, Administrator
|
|
decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
|
Post by decoy409 on Apr 3, 2013 12:03:15 GMT -5
Life Support it is but there is no life just illusion of such.
|
|
bimetalaupt
Senior Member
Joined: Oct 9, 2011 20:29:23 GMT -5
Posts: 2,325
|
Post by bimetalaupt on Apr 3, 2013 12:58:26 GMT -5
Life Support it is but there is no life just illusion of such. Decoy409, The big deal is firms are exchanging Debt for Equity.. Like over one trillion USD in share repurchase. Junk bond market is on fire with next month being better then this money. Just watch May sales of Lower rated bonds ( Junk) with high yield = 6%!!!Just a thought, BiMetalAuPt ( Bruce) |
|
