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Thread: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

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    U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    'U.S. stocks tumbled with European equities as a drop in durable-goods orders and disappointing results from Caterpillar Inc. to Microsoft Corp. heightened concern over the economy’s strength and the outlook for corporate profits. Treasuries climbed with gold.'

    U.S. Stocks Tumble on Earnings, Data as Treasuries Gain - Bloomberg



    I have said it before, no way the Fed raises rates this year by anything more then a token amount (unless the Fed starts up QE again).

    The U.S. economy is NOT strong or even remotely so. It's weak and getting weaker without the government teat to prop it up.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    U.S. durable goods data signal weaker business spending

    'A gauge of U.S. business investment plans fell for a fourth straight month in December, a potential sign that slowing global growth and falling crude oil prices were starting to have an impact on the economy.

    The Commerce Department said on Tuesday that non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 0.6 percent last month after a similar decline in November.

    Economists polled by Reuters had forecast core capital goods orders increasing 0.5 percent in December.'


    U.S. durable goods data signal weaker business spending | Reuters



    BTW - the DOW is already down 312 points today.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    Its all the fault of ' " austerity ".

    What we need is more Fiscal Stimulus to" increase aggregate demand "

    Lol...
    Last edited by Fenton; 01-27-15 at 11:23 AM.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    I need two sheets of plywood and some chicken in a biscuit crackers. Maybe that will help stave off the recession if any of you want to pick those up and deliver them for me. It is your patriotic duty as a strong economy is the best defense.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    Quote Originally Posted by Declan View Post
    I need two sheets of plywood and some chicken in a biscuit crackers. Maybe that will help stave off the recession if any of you want to pick those up and deliver them for me. It is your patriotic duty as a strong economy is the best defense.
    I'm from the government and I'm here to help you. 32 dozen chickens will be shipped with enough flour for 4000 crackers. We have managed to acquire these from Corporate suppliers who have guaranteed that the products will pass various gov't checks, ergo no inspections required. Corporate management has responded by purchasing more of their own stock at inflated prices and will benefit by increased stock bonuses, if they can maintain the stocks at high levels by having the Corporation keep purchasing more of its' own stock. If the chickens are somewhat green, just adjust the preparation with some blue dye to bring back the nice yellow patina. The flour has just the correct amount of animlal/rodent feces to pass gov't inspection. Taxpayers will be affected proportionately and legislators will be given bonuses for a job well done. They will use their bonuses to purchase stock in the chicken and flour suppliers. The chicken and flour will be crated in two sheets of plywood, as per your request.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    The DOW is down 383 points.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    The DOW movement on any one day (or even a 5 day review) is not a very bright way to indicate underline issues with the economy or market. You have to look at trends over time, using the economic indicators that you mention. Sure, it is very plausible for durable goods orders and earnings to cause short term changes in the market, but overall we are still seeing the overbought conditions that the QE program gave this economic model. The markets are reflecting movements here and there both positive and negative, and Gold itself has a long way to come back to be reflective of the hedge against inflationary concerns.

    DOW 5 yr.jpg
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    Quote Originally Posted by DA60 View Post
    The DOW is down 383 points.
    it's official
    the sky IS falling

    sarcasm served all day.jpg
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    Quote Originally Posted by DA60 View Post
    The DOW is down 383 points.
    I don't know what kind of balloon keeps the DOW up. No new industries.
    No new jobs. No new products. No great orders. Dollar up ergo no exports.
    My previous post addressed that Corporations are buying their own stock,
    buybacks don't ya' know. This keeps the stock price up. Then when management
    get stock bonuses and sell them, the Managers get good bucks. No new sales,
    no new products, no exports, but your own buybacks can keep the stock up.
    Smoke and mirrors are not an illusion, but everything else is suspect. Many
    state that giving money to the banks makes trickle down work and creates
    jobs, etc. Bullcrap! It puts cash in the hands of banks to invest in stocks and
    since the stock Corporations don't have more work or jobs, then they keep the
    stock up with buybacks. Great plan, like a feedback loop, alas, the end is near.

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    Re: U.S. Stocks Tumble on Earnings, Data as Treasuries Gain

    Quote Originally Posted by DaveFagan View Post
    I'm from the government and I'm here to help you. 32 dozen chickens will be shipped with enough flour for 4000 crackers. We have managed to acquire these from Corporate suppliers who have guaranteed that the products will pass various gov't checks, ergo no inspections required. Corporate management has responded by purchasing more of their own stock at inflated prices and will benefit by increased stock bonuses, if they can maintain the stocks at high levels by having the Corporation keep purchasing more of its' own stock. If the chickens are somewhat green, just adjust the preparation with some blue dye to bring back the nice yellow patina. The flour has just the correct amount of animlal/rodent feces to pass gov't inspection. Taxpayers will be affected proportionately and legislators will be given bonuses for a job well done. They will use their bonuses to purchase stock in the chicken and flour suppliers. The chicken and flour will be crated in two sheets of plywood, as per your request.
    I have a a crap ton of flour, so I can add it to my supply. I have tried to make my own chiken N' a biscuits but can't quite get the magic that comes in the little box. All flour is nasty stuff that we would rather pretend is not loaded down with ugh! That is why it is bleached I appreciate your shipments nonetheless. I will gladly reimburse you when the GAO realizes in 2024 I was not billed, which will be followed by a case that makes it all the way to the SCOTUS and back a couple times before I pay pennies on the dollar.

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