Intel down more than 14% in after-hours trading – the recipe for a sharp fall in stock market on Tuesday as economy embraces depression
Jeff Cantor
Jan. 15, 2008

Intel sounded a cautious note about business conditions in the first quarter and the rest of the year. The forecast by the giant chipmaker, whose results are seen as a gauge for global technology demand, sent its shares down more than 14% in after-hours trading.

Intel warning confirms the state of the economy. The economy is in deep trouble. Financial meltdown is happening with no notice to the main street. Major US banks and financial institutions are literally begging to the investors in Japan, Korea, Singapore, Saudi Arabia and Kuwait to survive the mortgage default avalanche.

The recipe for a sharp fall in stock market on Tuesday and thereafter is in place as the economy embraces depression. The real estate is ready in deep depression. The rest of economy has just tilted towards depression. The job losses that are in pipeline are staggering.

The stock market can crash any time. The reason is two. First, the state of the economy is depressed. Second, which is actually more dangerous is the existence of pockets of hyperinflation. The commodity prices are skyrocketing as dollar loses its level of international confidence. If dollar goes on a free fall so will the stock market all over the world. .

Intel down more than 14% in after-hours trading – the recipe for a sharp fall in stock market on Tuesday as economy embraces depression
Jeff Cantor
The stock market can crash any time. The reason is two. First, the state of the economy is depressed. Second, which is actually more dangerous is the existence of pockets of hyperinflation.
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Romney can never deliver what he promised Michigan – should politicians promise unrealistic heavens?
Kirsten McLauren
A man who buys companies and strips them to sell for a better price is called an business opportunist or arbitrage. The funniest thing in American politics happened when Mitt Romney promised the Michigan republicans ‘we will bring those jobs back.’
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US Retail Sales and Citigroup’s problems signal first US depression since 1930s
Sam Adelton
While analysts are hesitant to call it a mild recession, the economy finally confirmed a deep recession racing towards a deep depression. The financial meltdown continues while scarce commodities make things costlier.
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Moody’s tougher stance when rating deal making companies owned by private equity groups – too late too little
Trisha Rowe
The financial institutions, the hedge funds and the private equity firms took the advantage of the lax credit rating stndards, gambled with sunprime mortgages and lost big time.
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Gold breaches $900 while job cuts accelerates and economy slides into deep recession – what does that mean?
Karen Zuba
They are planning to flood the markets with liquidity. The budget deficit will skyrocket, interest rates will be lowered and more tax incentives will give some kick to the economy for a head start.
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China and India starts slowing down, US and Japan heads depression – world economies in deep trouble
Neal Henderson
Sony Corp., which counts America as its largest market is in trouble and is ready to provide lower guidance. So is Toyota and Honda.
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