Macro Economic Trends and Risks | Forum profile

How would the Dow 30 react to a GM bailout without BIG concessions from labor? 500+ 250+ + or - 250 Minus 250+ Minus 500+ Click here to see results so far.

I don't always agree with him, but today's piece makes sense to me: http://www.hussmanfunds.com/wmc/wmc081117.htm ...we've observed similar panics throughout market history. This decline has been deeper and more rapid than most, but that is largely a reflection of the rich valuation and overbought condition that characterized the market in 2007... Even the Great Depression can be ...

EOM

It sounds like your time horizon is very long, so investing here is not a bad idea. However, given the current economic conditions and market volatility it would probably be best to dollar cost average into the stocks that you like. You've exercised a lot of patience to this point, no sense jumping in with both feet now. ~H50

Michael Lewis wrote Liar's Poker , which is one of a small number of books that opened my eyes to how Wall Street really works. He's an excellent writer, and I'd recommend that book as well as anything else you can find that he's written. Usually his stuff is witty as well as informative. Here's a 9 webpage article he wrote for portfolio.com : http://www.portfolio.com/news-markets...

And as for funding for your local grade & high schools ... I'd expect class sizes to increase again. And extracurriculars such as band or sports? Well, unless the parents can raise enough at a bake sale to pay for them, I expect their future is even more in doubt. I'm too lazy/busy to look it up, but does anybody know the average/median number of children in a family during the 1930s...

It would seem from the past several market bears, that there are those who what the market to tank. They short on the way down and buy near the bottom. Is this what is going on? A lot of noise to drive down the economy? Yes No. It's more complicated than that, please explain. Click here to see results so far.

The NY State AG is reported to have asked Citi executives not to take their bonus payments this year. No link yet...

Bloomberg has a good article today that explains the real reason for the Fed's Commercial Paper facility. It appears as if the banks will have to raise massive amounts of new capital when their client companies draw on their existing bank credit lines. If I'm reading this correctly, the banks are in for more big writedowns in 2010 when the accounting rules change and more off-balance...

GM delays payments to dealers to conserve cash DETROIT (AP) - Cash-strapped General Motors Corp. said Monday it will delay reimbursing its dealers for rebates and other sales incentives, an indication that the company is starting to have cash-flow problems. Company spokesman John McDonald said payments due Nov. 28 will be delayed for two weeks until Dec. 11, while those due Dec. 4 ...

Average wages and benefits for big 3 workers Why would anyone in their right mind want to bail-out a poorly managed company paying $73 to unskilled labor?

I've been thinking about how best to capitalize on the investment opportunities before us. One issue is timing: Very low prices are here now for many quality names. They may go much lower. They may not -- once the panic subsides, prices on the very best names, the ones we want, may go back up and never trade as low again. This may be the best opportunity we’ll ever have. Or, it may be ...

The members of the Macro Economic Trends and Risks Board (METAR) have voted to have NO POLITICS on this board. I'm confused. Since when does politics have no relationship to economics?? (NOT a political post. Just a serious question.)

http://www.ksla.com/global/story.asp?s=9247633 Postal Service Looks To Cut 40,000 Jobs In First Layoff In History SHREVEPORT, LA (KSLA) - "We lost 2 billion dollars and like any other business we have to stay afloat." And to keep from sinking, the United States Postal Service is considering cutting thousands of jobs nationwide. Lavelle Pepper with the post office in Shreveport says...

Michael Lewis wrote Liar's Poker , which is one of a small number of books that opened my eyes to how Wall Street really works. He's an excellent writer, and I'd recommend that book as well as anything else you can find that he's written. Usually his stuff is witty as well as informative. Here's a 9 webpage article he wrote for portfolio.com : http://www.portfolio.com/news-markets...

Doubtit 7831 PS Cut and paste your guess onto mine

http://money.cnn.com/2008/11/14/autos/auto_failure _ripple_ef... ...Suppliers would be among the first to feel those effects since GM only manufactures the body, the engine and the transmission used in its cars. In the United States alone, GM spends $31 billion on parts from 2,100 different suppliers. These include the "direct suppliers" involved in producing a vehicle - those that ...

AIG instructed the hotel to make sure there were no signs, and that hotel employees where not suppose to say that AIG was there or having any events. $400 meals, massages, but this time they tried to hide it. Our tax dollars. Beyond disgusted with this. http://www.abcnews.go.com/Blotter/WallStreet/story ?id=622397...

(also posted at: http://watchingtheherd.blogspot.com/2008/11/automo tive-hail-... ) On November 7, General Motors and Ford announced stunning losses for the third quarter of 2008 totaling $7.18 billion. News of tightening in the consumer credit markets for the past several months didn't make the sales dip much of a surprise. The more worrisome news from both makers was the ...

I noticed this on another board...In essence, the government - in particular, the Democrats - are talking about the idea of CONFISCATING our personal retirement accounts (401(k)s and IRAs) and converting them into accounts managed by the Social Security Administration. You can read more here: http://www.carolinajournal.com/exclusives/display_ exclusive.... Personally, I've worked ...