The stock market and crude oil have started their longest bear journey ever
Sam Adelton
Nov. 2, 2006

The Dow falls below 12000 and crude oil below $58 a barrel. The market slowly understands that stagflation is changing into deflation driven deep recession if not a depression.

As predicted in India Daily stock market and crude oil have started their longest bear journey ever.

The underemployment is so pathetic that people are focusing on their homes to forget about everything else. The rates are going to plummet in coming days. But the huge trade and budget deficit will create a bottom very high compared to the enormous weakness in the economy.

The stock market and crude oil have started their longest bear journey ever
Sam Adelton
The Dow falls below 12000 and crude oil below $48 a barrel. The market slowly understands that stagflation is changing into deflation driven deep recession if not a depression.
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WalMart's expectation of flat sales for November shows economy is weak and a bleak holiday season with high underemployment and stagnation
Fred Day
The exonomy is waek and the stock market is overvalued like never before with easy money and inherited wealth.
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Brazilian carrier TAM will begin using Boeing airplanes in addition to its Airbus airplanes for international flights
Media Release
TAM signed a deal to buy four new Boeing-777/300s ER and has the option to buy an additional four.
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Lankan cops hunt Indian nationals amid fraud probe
Media Release
Sri Lankan police are seeking international help to track down two Indians who allegedly duped hundreds of people through an internet scam, police said.
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GM and Ford saw their October sales rebound but behind the jump lies a serious down trend led by consumer reluctance to buy
Peter Oberois
The car makers other than Chrysler posted a solid jump in sales. But analyzing the data more carefully, it seems that the trend is clear now – down lead by lack of purchasing will and power.
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Crude inventories point to lower demand and slower economy
Anita Das
The extra capacity of oil and gas output especially from the Russians and panic uncovering of hoarded oil by the oil companies are the root causes for excess supply. But what is the root cause of slower demand is the underemployed tired economy.
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Lower auto and truck sales figures show auto manufacturers leading the coming recession
Susan Rai
The car and truck manufacturing figures show what Chicago PMI confirmed. The recession has started and is at an early stage. The opposite direction of the stock and bond market is also an indication of the same...
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Falling ISM prices index shows slower growth, lack of pricing power and stealth deflation – stock market crash?
Peter Oberois
Corporations are facing lack of pricing power. That is creating a massive underwater current that can finally create a crash in the stock market.
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