RSS available
| MarketTicker Forums Read Message in Ticker |
User: Not logged on
|
| Top | Forum Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | Troubling Tribble Tuesday? in forum [Ticker] | |||
|
Genesis Posts: 71432 Incept: 2007-06-26 
KD^2 
|
http://market-ticker.denninger.net/2008/....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-05-06 10:31:09
Permalink | |||
|
Coolmama Posts: 367 Incept: 2008-01-27 Gedney Drove End, UK
|
Great ticker, and agree with you all the way. However I think FNM must have made USD2.2b surely as their share price is up over 3.5pct? One of these must be wrong or oh my brain hurts. ---------- The point to carefully consider is whether any of the underlying problems that led to the crisis, most specifically excessive levels of debt and leverage, have actually been addressed rather than being hidden and papered over. Genesis 27 Nov 2009
2008-05-06 11:18:33
Permalink | |||
|
Geeniusatwrok Posts: 2472 Incept: 2007-08-04 
New England
|
mama, a -10 P/E is totally OK. you need to press the reset button. no not THAT one!
---------- Will that be one lump, or two?
2008-05-06 11:44:30
Permalink | |||
|
Geeniusatwrok Posts: 2472 Incept: 2007-08-04
New England
|
hm, market-ticker.denninger.net seems to be down. RSS as well. nevermind, must have been a belch somewhere on that telegraph wire. ---------- Will that be one lump, or two? Last modified:
2008-05-06 12:48:05 by geeniusatwrok
| |||
|
If Posts: 495 Incept: 2008-01-06 
|
Karl, Would you do a You Tube piece on this JP Morgan/Target deal? People need to wake up to this crap that is going on. ---------- Be aware, be prepared. Fight organized crime. Re-elect no one.
2008-05-06 11:52:11
Permalink | |||
|
Tat668 Posts: 1700 Incept: 2007-09-09
|
KD I think that they will be proven right in their estimate of 2009 is going to be worse than 2008. FNM might just be tell us that it is going have the chance of lime light when the government takes over the agency. Thanks for the reminder. ---------- "Patience grasshoppers.... but your time to eat the bugs is coming......."- KD 9-1-2009 "This marks the beginning of the end."- Barack Obama 2-26-09
2008-05-06 12:01:10
Permalink | |||
|
Fidgit Posts: 14065 Incept: 2008-02-18
AllyBammy
|
Yeah, what If said!
---------- I say it's spinach, and I say the hell with it.
2008-05-06 13:01:19
Permalink | |||
|
Turtlesrule Posts: 436 Incept: 2008-02-26
Windy City
|
They are re-writing the entire book on creative financing at the taxpayers expense LOL!
---------- Saturday, Donny, is Shabbos, the Jewish day of rest. That means that I don't work, I don't get in a car, I don't ****ing ride in a car, I don't pick up the phone, I don't turn on the oven, and I sure as **** don't ****ing roll! Shomer shabbos! This town deserves a better clas
2008-05-06 13:13:44
Permalink | |||
|
Cjworkman Posts: 5615 Incept: 2007-08-22
|
with banks tightening credit... can't you basically say that the rate cuts will not have an effect on the economy as would normally be the case.. normally the rate cuts are supposed to lower rates and stimulate borrowing and encourage banks to lend more money thus expanding the economy.. but with rates near historic lows and banks tightening credit, doesn't that kind of mean the economy is FUBAR'd? ---------- Ben is going to create an equity bubble from excess liquidity that tops at 1200... and bottoms at 300. A bubble inside of bearish economic conditions, so that it never reaches new market highs and crashes far below the lows. - me
2008-05-06 13:50:45
Permalink | |||
|
Genesis Posts: 71432 Incept: 2007-06-26
KD^2
|
There's no economic "expansion" folks. They use the "core" number for the deflator, more or less, which of course is bull**** - the money you spend on gas does count in the real economy! ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-05-06 14:42:37
Permalink | |||
|
Musicandnature Posts: 511 Incept: 2007-12-05
NJ
|
'The bond and stock markets will both tank immediately if that becomes apparent, with the stock market being far worse' but but but...the man on nbr last night said all is well and he expects his Berkshire stock to be up 50 percent by the end of 2010 ! you mean he was lying to us ? say it aint so. he was wearing a suit he must know what he is talking about. hehe. I too am positioned for a fall but with the way the market has behaved lately who knows when or if it will even occur this year. ugh. ---------- If we abide by the principles taught in the Bible, our country will go on prospering and to prosper; but if we and our posterity neglect its instructions and authority, no man can tell how sudden a catastrophe may overwhelm us and bury all our glory in profound obscurity. Daniel Webster
2008-05-06 15:36:37
Permalink | |||
|
Finn Posts: 1144 Incept: 2007-08-02 Near Russia
|
Karl & others, the deflator can't be CPI directly, as it is used to correct Domestic product. Domestic. If you just take CPI, or the core for that matter, with all the import stuff in it, your GDP number gets screwed ever worse. Having said that, I don't make any claims about the deflator being realistic or not. I don't have the ability to calculate the "correct" value for the deflator to claim one way or the other. But I do know they can't use CPI. Now the big question regarding inflation is how badly and how soon will these insanely high oil prices affect other prices. Since just about everything is transported with trucks, and diesel prices are pretty much doubling y2y (give or take a little, I suppose), those transportation costs absolutely will start showing up in everything. And then we will see how much of a limpy dick that old fart Bernanke actually has become. And we should also see the deflator eventually showing up Big Single Digits.
2008-05-06 16:48:57
Permalink | |||
|
Bubblesee Posts: 3768 Incept: 2007-06-27
nyc
|
Gen, Did you write this ticker early in the day? I'm curious because usually you write them after the close and this one doesnt seem to mention todays reversal or CSCO.......? ---------- Ticker Forum Special: "Bennie and the Feds" Melody:Elton John Lyrics:Bubblesee http://www.youtube.com/watch?v=etfVMtCq9Oc (Larry Kudblow eat your heart out)
2008-05-06 20:30:52
Permalink | |||
|
Genesis Posts: 71432 Incept: 2007-06-26
KD^2
|
I've shifted to posting them during the early part of the day. Cisco will be in tomorrow's, along with commentary on Fannie's price action, among other things. ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-05-06 20:42:50
Permalink | |||
|
Bubblesee Posts: 3768 Incept: 2007-06-27
nyc
|
Great. I'm very much looking forward to that Ticker and your thoughts on those things.... ---------- Ticker Forum Special: "Bennie and the Feds" Melody:Elton John Lyrics:Bubblesee http://www.youtube.com/watch?v=etfVMtCq9Oc (Larry Kudblow eat your heart out)
2008-05-06 20:50:18
Permalink | |||
|
Chekmypulse Posts: 153 Incept: 2008-03-28
B-F-E
|
Karl, was wondering about your thoughts on the Fed asking for an early ok to start paying interest to commercial banks on their reserves... http://www.bloomberg.com/apps/news?pid=2.... Seems to me that's basically the same as lowering rates even more, but they can then publicly state they didn't. Also seems that this will give the banks more slosh, but does nothing but hasten the erosion of the Fed's balance sheet. Wouldn't it turn some of Bumnanke's remaining 'bullets' into blanks? Just seems like more circle-jerk Ponzi finance... Thanks! ---------- I love USA. Land of Free. Ooops I am not a bank. ****. - Mliu
2008-05-07 00:53:17
Permalink | |||
|
Genesis Posts: 71432 Incept: 2007-06-26
KD^2
|
Covered in Today's Ticker.
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-05-07 11:04:22
Permalink | |||
|
Hauterio Posts: 38 Incept: 2008-01-05 Argentina
|
This quote from Fannie Mae's CEO somehow reminds me of Chuck Prince, the music and the chairs: "We've got to get across a bridge where we don't miss the opportunities we have," Mudd said on Tuesday's call. "We will feast off this book of business we are putting on."
2008-05-07 11:15:06
Permalink | |||
|
Kurtosis Posts: 1142 Incept: 2007-10-30
Honolulu
|
Heh, nice ST reference, Gen.
---------- The Depression is already here, it's just not evenly distributed.
2008-05-10 16:43:19
Permalink | |||
| Top | Forum Top | Login | Control Panel | Logout |