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Economy Slowing Down AT the Time Market Making Record High


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#1 redfoliage2

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Posted 21 December 2006 - 08:42 AM

Third quarter GDP revised down to 2.0 percent rise as the broad measure of the nation's economy is weaker than expected. The Fed is between a rock and a hard place now with a tanking USD and a slowing down economy. :sweatingbullets:

Edited by redfoliage2, 21 December 2006 - 08:52 AM.


#2 da_cheif

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Posted 21 December 2006 - 09:49 AM

Third quarter GDP revised down to 2.0 percent rise as the broad measure of the nation's economy is weaker than expected. The Fed is between a rock and a hard place now with a tanking USD and a slowing down economy. :sweatingbullets:

it should now be apparent 2 u that all that doesnt have a thing to do with stock market :blink:

#3 arbman

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Posted 21 December 2006 - 10:32 AM

The growth is definitely lagging, evident from the tech stocks, but as long as the dollar keeps showing the strength it is showing, the gov't will continue to add the liquidity until they break it again... The Fed and Treasury are pumping non-stop, the temporary repo amounts again exceeded $30B and the frequency of the POMOs have increased. There was another one yesterday. The treasury is also adding daily $3-5B in TIOs. This issue about the China's 1B dollar reserve pain aside, whether it happens because of China or not, the next time the dollar starts to slide lower again, it will pull the entire market lower with it... So far the bounce from the sell off action two days earlier looks corrective, if the USD resumes its slide, the market should not wait too long. The USD stopped right at the 2006 horizontal support that it broke few weeks ago and the declining trendline from the Oct tops --it is a steeper trendline lower than the March-Oct downtrend. This is looking ominous... - kisa

#4 dcengr

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Posted 21 December 2006 - 10:59 AM

Third quarter GDP revised down to 2.0 percent rise as the broad measure of the nation's economy is weaker than expected. The Fed is between a rock and a hard place now with a tanking USD and a slowing down economy. :sweatingbullets:

it should now be apparent 2 u that all that doesnt have a thing to do with stock market :blink:


He's trying to do brain surgery when he should be doing ditch digging eh? SNORT :lol:
Qui custodiet ipsos custodes?

#5 nimblebear

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Posted 21 December 2006 - 11:02 AM

why is the Fed pumping? I don't understandwhy they would do this. What does it do for the economy?
OTIS.

#6 arbman

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Posted 21 December 2006 - 11:15 AM

I think the gov't sees that the highest inflation numbers might be already behind. So, they are also probably seeing that the dollar has bottomed and they are trying to support the market until the year end at least. In the cyclical work, it looks like it bottomed, but I have also indications that another low --could be a lower low-- will come in 2007...

#7 spielchekr

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Posted 21 December 2006 - 11:17 AM

why is the Fed pumping? I don't understandwhy they would do this. What does it do for the economy?


Maybe depreciating the losses from foreclusures makes better statistics? :D

#8 arbman

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Posted 21 December 2006 - 12:18 PM

I'd pay attention right here to the intraday reversal in USD and the equity indices. They started to go in synch...

#9 redfoliage2

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Posted 21 December 2006 - 12:59 PM

Third quarter GDP revised down to 2.0 percent rise as the broad measure of the nation's economy is weaker than expected. The Fed is between a rock and a hard place now with a tanking USD and a slowing down economy. :sweatingbullets:

it should now be apparent 2 u that all that doesnt have a thing to do with stock market :blink:

No relation among the economy, USD and the stock market? You may just snort at them, but the reality will rule soon or later. :lol:

#10 da_cheif

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Posted 21 December 2006 - 01:11 PM

Third quarter GDP revised down to 2.0 percent rise as the broad measure of the nation's economy is weaker than expected. The Fed is between a rock and a hard place now with a tanking USD and a slowing down economy. :sweatingbullets:

it should now be apparent 2 u that all that doesnt have a thing to do with stock market :blink:

No relation among the economy, USD and the stock market? You may just snort at them, but the reality will rule soon or later. :lol:

and who told you that??? :lol: