Indiadaily.comhttp://www.indiadaily.com/us_pres_elec.aspIndiadaily.com delivers information on the latest top stories, entertainment, politics, Investments, Business and Finance, Money, World, and more.en-us© 2006 Indiadaily.com7/4/2009US Job report confirms depression and bear markethttp://www.indiadaily.com/editorial/20696.aspEmployers cut a larger-than-expected 467,000 workers, driving the unemployment rate up to a 26-year high of 9.5 percent.Jul. 2, 2009US real estate markets in deep trouble - Mortgage applications in the U.S. falling very fast http://www.indiadaily.com/editorial/20695.aspThis is very serious. The whole premises of Obama Administration is that refinancing and new loans will boost the real estate market which in turn will boost the overall economy. Jul. 1, 2009473,000 drop in the ADP Employer Services shows real trouble in US employment market – where will Dow be in the next six months?http://www.indiadaily.com/editorial/20694.aspWhat is the net impact on US equities? According to econometric and quantitative models, the stock market can tank 50% from the current levels in the enxt six to twelve months.Jul. 1, 2009Signs of severe bear market in US and global stocks imminent – the divergence in regional banks, homebuilders and of transportation companieshttp://www.indiadaily.com/editorial/20693.aspThe bear market is live and well. It is ready to pound any time. Smaller banks in the lost 26 percent since climbing to a four-month peak in early May, while home builders tumbled 30 percent.Jul. 1, 2009Japanese manufacturers bounced back less than expected - exports and production picked uphttp://www.indiadaily.com/editorial/20692.aspThe bounde is real. The extent is disappointing. The headline diffusion index for large manufacturers rose to minus 48 in June from a record low of minus 58 posted in March.Jul. 1, 2009Why does Sweden, the newly appoinetd holder of European Union’s presidency support the hedge funds and the private equity funds?http://www.indiadaily.com/editorial/20690.aspSwedish defence of hedge funds and private equity on Wednesday, saying it did not blame them for the financial crisis is not only bizzare but also is damaging to the entire fianncial industry, says some analysts.Jul. 1, 2009Crude oil ready to rally back to $90 level with drop in US crude stocks and Chinese manufacturing sector growth prospects http://www.indiadaily.com/editorial/20689.aspThe crude oil is in new bull market as part of the cyclic move within a larger secular bear market. The prices can easily rise to $90 level and test the $100 per barrel.Jul. 1, 2009A big win for US consumer and civil rights groups against JPMorgan Chase & Co. , Wells Fargo & Co and American Bankers Associationhttp://www.indiadaily.com/editorial/20675.aspNew York attorney general, Andrew Cuomo is happy on th ruling and said ‘…it reaffirms the vital role state attorneys general play in protecting consumers from illegal and improper practices by our country’s biggest and most powerful banks.’Jun. 29, 2009One of the biggest bear market rally as predicted - best quarterly rally for the Standard & Poor’s 500 Index since 1998http://www.indiadaily.com/editorial/20674.aspThe divergence between the Russell 2000 Index and the S&P 500 is noteworthy. It is typical in a bear market rally. Jun. 29, 2009Worldwide oil recession deepens: Oil watchdog cuts demand forecasts – a typical syndrome of bear marlet persistshttp://www.indiadaily.com/editorial/20671.aspOverlooking the long term bear market indicators, the market focused on the short term signals as the same agency upped its forecast for global oil demand for the first time in almost a year. Jun. 29, 2009