U.S. Stocks sharply down over declining consumer spending
Sam Adelton
Oct. 30, 2009

Spending by U.S. consumers fell in September for the first time in five months. It is the first sign of the trillion dollar stimulus effect getting exhausted.

Stagnant wages and concern over mounting unemployment and underemployment are causing confidence to sharply decrease, raising the risk that consumers have started retrenching and will continue to do so more vigorously in coming months as government assistance programs run out. The report also showed inflation was lower than the Federal Reserve’s long-term projection, indicating the deflation on the wage and employment side in the middle of serious commodity inflation.

Oil breached $80 a barrel creating a scenario of inflation with a secular depression.

U.S. Stocks sharply down over declining consumer spending
Sam Adelton
Spending by U.S. consumers fell in September for the first time in five months. It is the firsdt sign of the trillion dollar stimulus effect getting exhausted.
READ MORE>>

Oil rises to $80 a barrel as US economy finds temporary growth from trillions of borrowed stimulus money - a long term nightmare looms as commodity inflation spikes with little job growth
Peter Oberois
The job growth in the US economy is dismal. The most of the borrowed stimulus money is wasted in creating commodity inflation and bailing out failure in big corporate and banking governance.
READ MORE>>

A confirmation of global depression - Japanese auto products nose dives to 34-year low - export market crashed to a 50% down
Kirsten Rabke
The news just confirms the global depression although its is stealth because of coordinated Government propaganda all around the world.
READ MORE>>

NJ payment of $1 million to Goldman Sachs for bogus interest- rate swap agreement is a Repuplican cheap stunt before election but who will prosecute criminally negligent oversight and Goldman Sach's fraudulent behavior?
Special Correspondent
No wonder Goldnman Sachs can give billions in bonuses to their employees in this time of economic depression. No wonder NJ State is busy wating tax payers money to the corrupt wealthy that controls the power base.
READ MORE>>

Economy on life support - 225000 Americans losing their unemployment benefits every month - exploding underemployment
Joe Weinman
The exponential growth in underemployment is alarming. The trend that started in 1981 is exploding now creating devastating effects on the economy.
READ MORE>>

Japan faces deep trouble in exports as China and US markets slowly evaporates for Japan with extremely strong yen
Peter Oberois
Japanese dropped 30.7 percent from a year earlier. Exports to China, Japan’s biggest market, fell 13.8 percent.
READ MORE>>

Get out of stocks now
Sam Adelton
The stochastics, momentum, monetary, econometric and quantitative indicators point to massive risk in stock market. The inflation expectation says stocks are extremely vulnerable.
READ MORE>>

World stock markets face a sudden crash in October-November
Marla Guthrie
The financial and fiscal crisis is deepening. The Galleon and Newcastle liquidation has triggered a massive financial volcano of exposing indider trading among hedge funds and private equity funds.
READ MORE>>

MORE ARTICLES >>