coolhand's Account Talk

[nasa1974]

This was released Friday, after hours.

Goldman Cuts GDP View to 2% as Economy Weakens

http://www.cnbc.com/id/43447127

Might not be good for the market Monday. But at least it wasn't released this afternoon. Could have had a real negative affect.

 

[coolhand]

Papandreou Faces Confidence Vote

http://www.bloomberg.com/news/2011-...oday-as-world-waits-for-delay-or-default.html

The Fiscal Pledge We Need: Cut, Cap, Balance

http://online.wsj.com/article/SB100...61782561014.html?mod=WSJ_hpp_sections_opinion

John Paulson Just Dumped All His Sino-Forest After Taking A Gigantic Bath

http://www.businessinsider.com/john-paulson-dumps-all-his-sino-forest-2011-6?op=1

Presenting Obama's Latest $50,000 Non-Recourse, Interest-Free Gift To "Troubled" Homeowners

http://www.zerohedge.com/article/pr...course-interest-free-gift-troubled-homeowners

Hybrid car sales stagnate as buyers opt for fuel-thrifty compacts

http://content.usatoday.com/communi...ate-as-buyers-opt-for-fuel-thrifty-compacts/1

Treasury plans for Greece to go bust

http://www.telegraph.co.uk/news/politics/8588047/Treasury-plans-for-Greece-to-go-bust.html

 

[coolhand]

If the Titanic sank today, here's how the President, the media and Wall Street would spin it (satire)

http://www.naturalnews.com/032753_Titanic_spin.html#ixzz1PuJvfncY

 

[coolhand]

Americans Worse Now Than When Obama Inaugurated by 44%-34% Margin in Poll

http://www.bloomberg.com/news/2011-...bama-inaugurated-by-44-34-margin-in-poll.html

Obama Gets 30% of Americans Certain to Support Re-Election in Economy Poll

http://www.bloomberg.com/news/2011-...n-to-support-re-election-in-economy-poll.html

Obama Nominee Bryson Sides With Republicans on Taxes, Rules

http://www.bloomberg.com/news/2011-...eds-businesses-in-a-less-taxed-position-.html

Look Ahead: Market to Dissect Fed's View of Economy

http://www.cnbc.com/id/43486351

 

[coolhand]

Bernanke Admits He’s Clueless On Economy’s Soft Patch

http://blogs.forbes.com/afontevecch...e-admits-hes-clueless-on-economys-soft-patch/

Trichet Says Risk Signals Are Flashing Red as Debt Crisis Threatens Banks

http://www.bloomberg.com/news/2011-...gnals-red-as-debt-crisis-threatens-banks.html

Sarkozy Says Food Price Surge Is ‘Plague’

http://www.bloomberg.com/news/2011-...ood-price-surge-is-plague-needing-action.html

Crude Declines on Demand Concerns After Fed Lowers U.S. Economic Forecast

http://www.bloomberg.com/news/2011-...erve-lowers-u-s-economic-growth-forecast.html

‘Inevitable’ Greek Default Contagious, Feldstein Writes in FT

http://www.bloomberg.com/news/2011-...efault-contagious-feldstein-writes-in-ft.html

Outlook Grows Bleak on Main Street

http://online.wsj.com/article/SB100...46682.html?mod=WSJ_hpp_sections_smallbusiness

GM Stock Impedes U.S. Exit

http://online.wsj.com/article/SB100...2110743779014.html?mod=WSJ_business_whatsNews

The Food-Stamp Crime Wave

http://online.wsj.com/article/SB100...94.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsThird

Futures Keep Falling Off A Cliff Tonight, And There's A Report Of A Brand New Hole In The Greek Austerity Plan

http://www.businessinsider.com/hole-in-greek-austerity-plan-2011-6#ixzz1Q5k3TU6E

Derivatives Cloud the Possible Fallout From a Greek Default

http://www.nytimes.com/2011/06/23/world/europe/23greece.html?pagewanted=all

GOP challenges Obama's war powers

http://www.politico.com/news/stories/0611/57597.html

Sad summer ahead for teen employment

http://www.usatoday.com/money/economy/employment/2011-06-23-teen-summer-job-shortage_n.htm

 

[mayday]

Bernanke Admits He’s Clueless On Economy’s Soft Patch

http://blogs.forbes.com/afontevecch...e-admits-hes-clueless-on-economys-soft-patch/

Trichet Says Risk Signals Are Flashing Red as Debt Crisis Threatens Banks

http://www.bloomberg.com/news/2011-...gnals-red-as-debt-crisis-threatens-banks.html

Sarkozy Says Food Price Surge Is ‘Plague’

http://www.bloomberg.com/news/2011-...ood-price-surge-is-plague-needing-action.html

Crude Declines on Demand Concerns After Fed Lowers U.S. Economic Forecast

http://www.bloomberg.com/news/2011-...erve-lowers-u-s-economic-growth-forecast.html

‘Inevitable’ Greek Default Contagious, Feldstein Writes in FT

http://www.bloomberg.com/news/2011-...efault-contagious-feldstein-writes-in-ft.html

Outlook Grows Bleak on Main Street

http://online.wsj.com/article/SB100...46682.html?mod=WSJ_hpp_sections_smallbusiness

GM Stock Impedes U.S. Exit

http://online.wsj.com/article/SB100...2110743779014.html?mod=WSJ_business_whatsNews

The Food-Stamp Crime Wave

http://online.wsj.com/article/SB100...94.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsThird

Futures Keep Falling Off A Cliff Tonight, And There's A Report Of A Brand New Hole In The Greek Austerity Plan

http://www.businessinsider.com/hole-in-greek-austerity-plan-2011-6#ixzz1Q5k3TU6E

Derivatives Cloud the Possible Fallout From a Greek Default

http://www.nytimes.com/2011/06/23/world/europe/23greece.html?pagewanted=all

GOP challenges Obama's war powers

http://www.politico.com/news/stories/0611/57597.html

Sad summer ahead for teen employment

http://www.usatoday.com/money/economy/employment/2011-06-23-teen-summer-job-shortage_n.htm

Sounds all bad.

 

[coolhand]

It is. :blink:

Sounds all bad.

 

[Birchtree]

Negative headlines tend to produce the strongest advances in a bull market. Really, prove it. A resilient market in the face of bad news is a very bullish sign for investors.

 

[coolhand]

Papandreou Races to Avert Greek Default as Protests Besiege Austerity Vote

http://www.bloomberg.com/news/2011-...fault-as-protests-besiege-austerity-vote.html

Greece’s ‘Indignants’ Confront Politicians They Blame for Financial Plight

http://www.bloomberg.com/news/2011-...iticians-they-blame-for-financial-plight.html

Shilling: China Heading for a Hard Landing, Pt. 3

http://www.bloomberg.com/news/2011-06-28/shilling-why-china-is-heading-for-a-hard-landing-pt-3.html

A Stealth Tax Hike

http://online.wsj.com/article/SB100...62080484714.html?mod=WSJ_hpp_sections_opinion

Overall Rankings - 2011

http://www.cnbc.com/id/41666602

Why The Current Crisis Will Not Bring Europe Closer Together

http://www.stratfor.com/weekly/20110627-divided-states-europe#ixzz1Qezid288

Future of federal solar programs in doubt

http://www.usatoday.com/money/industries/energy/2011-06-28-solar-energy-congress_n.htm

SEC on lookout for bubble-era IPO practices

http://www.reuters.com/article/2011/06/28/us-sec-ipos-idUSTRE75R6OJ20110628

Nearly half US states close budget gaps with cuts-CBPP

http://www.reuters.com/article/2011/06/28/usa-states-budgets-idUSN1E75R1V320110628

 

[coolhand]

Greece faces ‘suicide’ vote on austerity

http://www.ft.com/cms/s/0/26ec464e-a1b1-11e0-b9f9-00144feabdc0.html#axzz1Qf9Bo2Bw

 

[coolhand]

Papandreou Seeks to Turn Budget Enforcer

http://www.bloomberg.com/news/2011-...r-in-drive-to-keep-default-danger-at-bay.html

German Banks Near Agreement on Greek Plan

http://www.bloomberg.com/news/2011-...inistry-said-to-seek-agreement-on-greece.html

Vote Calms Markets—for Now

http://online.wsj.com/article/SB100...71398.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Obama's Real Revenue Problem

http://online.wsj.com/article/SB100...93090634256.html?mod=WSJ_hpp_sections_opinion

ObamaCare Doesn't Add Up

http://online.wsj.com/article/SB100...64301396.html?mod=WSJ_Opinion_BelowLEFTSecond

US Enters Next Round of Public Pensions Fight

http://www.cnbc.com/id/43583658

Bad Old Habits Plague Economic Forecasting

http://www.cnbc.com/id/43586724

A Huge Number Of Americans Believe The Economy Has Now Entered "Permanent Decline"

http://www.businessinsider.com/39-p...-is-in-permanent-decline-2011-6#ixzz1QkjKwBGq

Obama call for stimulus may complicate debt talks

http://www.reuters.com/article/2011/06/29/usa-debt-idUSN1E75S0UN20110629

 

[coolhand]

Geithner to Consider Leaving After Debt Debate

http://www.bloomberg.com/news/2011-...asury-after-debt-ceiling-debate-resolved.html

New York Fed Halts AIG Bond Auctions on Market Conditions

http://www.bloomberg.com/news/2011-...ortgage-securities-on-market-conditions-.html

Goldman Sachs’s Central Bank Connections Reach Ever Deeper

http://www.bloomberg.com/news/2011-...ntral-banks-reach-ever-deeper-after-hire.html

Bullard Says Fed’s Extended Period Pledge for Rates Difficult to Prolong

http://www.bloomberg.com/news/2011-...-fed-has-clout-even-with-rates-near-zero.html

Fed's Massive Stimulus Had Little Impact: Greenspan

http://www.cnbc.com/id/43598606

Check Out Pictures From Today's Massive Strikes In The UK

http://www.businessinsider.com/london-protests-2011-6

A Giant Stimulus to Nowhere

http://www.realclearpolitics.com/articles/2011/06/30/stimulus_to_nowhere_110410.html

Sonic, Burger King, other fast-food chains selling alcohol

http://www.usatoday.com/money/indus...-fast-food-restaurants-offering-alcohol_n.htm

 

[coolhand]

Euro Falls Versus Yen After S&P Says Greece May Be In ‘Selective Default’

http://www.bloomberg.com/news/2011-...says-greece-may-be-in-selective-default-.html

Germany’s High Court Won’t Review Economics of Greek Bailout, Judge Says

http://www.bloomberg.com/news/2011-...utiny-from-germany-s-top-judges-tomorrow.html

Could Italy Be Next European Domino to Fall?: Simon Johnson

http://www.bloomberg.com/news/2011-...mino-to-fall-commentary-by-simon-johnson.html

America's Troubling Investment Gap

http://online.wsj.com/article/SB100...02937808330.html?mod=WSJ_hpp_sections_opinion

Sea holds treasure trove of rare-earth elements

http://www.nature.com/news/2011/110703/full/news.2011.393.html

 

[coolhand]

Portugal Rating Cut on Possible Greek Follow

http://www.bloomberg.com/news/2011-...e-in-bailout-leads-to-moody-s-rating-cut.html

Oil Prices Climb Back to Pre-Reserve Release Levels

http://www.cnbc.com/id/43645073

Instead of Funding Retirement Accounts As Mandatory, Treasury Proceeds To Plunder The Most Since Debt Ceiling Breach

http://www.zerohedge.com/article/in...sury-proceeds-disinvest-most-debt-ceiling-bre

Michael Mann And The ClimateGate Whitewash, Part II

http://blogs.forbes.com/larrybell/2011/07/05/michael-mann-and-the-climategate-whitewash-part-ii/

Bless this mess

http://www.nypost.com/p/news/business/bless_this_mess_eGj0dX3bBhzS3NTUwRAlRO

 

[coolhand]

Trichet Fights a War on Two Fronts

http://www.bloomberg.com/news/2011-...s-second-ecb-rate-increase-of-2011-looms.html

Greek Default Not ‘Worst’ Outcome for Banks as Bondholders Discuss Options

http://www.bloomberg.com/news/2011-...for-banks-as-bondholders-discuss-options.html

Bank of America Loses Bid to Dismiss Homeowner Mortgage-Modification Suit

http://www.bloomberg.com/news/2011-...iss-homeowner-mortgage-modification-suit.html

Dennis Gartman: PIIGS Will Go Bankrupt Within 18 Months

http://www.cnbc.com/id/43656127

The Next Big Boom Towns In The U.S.

http://blogs.forbes.com/joelkotkin/2011/07/06/the-next-big-boom-towns-in-the-u-s/

Morning Jay: Why Won't the GOP Agree to a Tax Increase?

http://www.weeklystandard.com/blogs/morning-jay-should-gop-agree-raise-taxes_576334.html

 

[coolhand]

Sights Set on Grand Debt Deal

http://online.wsj.com/article/SB100...4.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsSecond

New Way High-Speed Traders Get Edge on Investors

http://www.cnbc.com/id/43674514

The CIA Put A Ton Of Cash Into A Software Firm That Monitors Your Online Activity

http://www.businessinsider.com/the-...ors-your-online-activity-2011-7#ixzz1RVVq0nnw

Retirement Fund Plunder Update: $206 Billion So Far, $62 Billion Left

http://www.zerohedge.com/article/retirement-fund-plunder-update-206-billion-so-far-62-billion-left

Behind the Gentler Approach to Banks by U.S.

http://www.nytimes.com/2011/07/08/b...the-law.html?_r=1&ref=business&pagewanted=all

Obamacare Tragedy Primed To Further Explode the Deficit

http://spectator.org/archives/2011/07/06/obamacare-tragedy-primed-to-fu#

Big pickups clog US dealer lots, concern analysts

http://www.reuters.com/article/2011/07/08/autos-trucks-idUSN1E7661Q720110708

Texas fight with EPA grows with power-plant rule

http://www.reuters.com/article/2011/07/07/usa-epa-smog-texas-idUSN1E7661OO20110707

ECB tightens noose on Southern Europe

http://www.telegraph.co.uk/finance/economics/8624143/ECB-tightens-noose-on-Southern-Europe.html

 

[hessian]

Retirement Fund Plunder Update: $206 Billion So Far, $62 Billion Left
http://www.zerohedge.com/article/retirement-fund-plunder-update-206-billion-so-far-62-billion-left

As a Federal Civ. Service retiree, and now with 2 very major disabilities, I'm personally very saddened to see what seems to be the "brinksmanship" being played with all our very lives - at least I hope its just "brinksmanship," otherwise, myself and others like me that gave our lives/our careers to this, our government, being given (what will in essence for me at least) an almost immediate spiral toward death.
I wish I'd seen this coming, and withdrew my 401k - but even had I done this, its my disabilities that will certainly kill me in short-order, should these funds not be replenished immediately. I know will have to forgive all, and will but but it'd be my dying hope that they all feel ashamed, though I doubt it. :blink:

 

[nnuut]

Remember this when Voting Time comes again!:nuts:

 

[coolhand]

Some comments this morning by one of the market pros I follow:

http://www.traders-talk.com/mb2/index.php?showtopic=132310

 

[WorkFE]

Thanks CH,
I have a bit nested away in the G. I was considering waiting till they hash out the debt ceiling however if we get a bit more downward follow through tomorrow I may committ it early. This could very well be the ingredients for later on (when the debt ceiling issue becomes more prominent) that people say its already baked into the cake. If that makes sense.