Suggested Weekend Reading

Happy weekend! I hope your summer is going well. These are some of my new blog articles for July 2010:

Equity, Bond and Money Market Fund Flows Weekly Report

Money continues to pour into bond funds.  Note net sum into bonds over 2.5 yrs is over $250B while equities show a net decline! It reminds me of how funds rushed into NASDAQ stocks in March 2000... people chasing performance unaware of the huge risk.

Best CD Rate Survey

The top CD annal percentage yield (APY) this week is at Pentagon Federal Credit Union for a 7-year certificate of deposit currently paying 3.51%. From my survey of six months ago, this same certificate was paying 4.5%!

This should make Jas happy:

Death Cross for S&P500 - Chart & Values

The last time there was a death cross for the S&P500, the market crashed.

ECRI Weekly Leading Indicators Widely Misunderstood

Bottom line, neither the “experts” predicting that the sky is falling based on the WLI, nor the other “experts” indulging in misinformed WLI-bashing in an effort to discredit the super-bears, have a real clue to what the WLI is all about. We created the WLI.....

DOW Stocks YTD at end of First Half 2010

Not a pretty sight!

-Kirk out

ECRI WLI: "Depression Economics" & Consequences -- Re: WLI...

-------- Original Message --------

Subject:	"Depression Economics" & Consequences -- Re: WLI...
Date:	Fri, 16 Jul 2010 08:45:46 -0700
From:	Jas Jain

To: Jas_Jain
Subject: WLI . . .
Date: Fri, 16 Jul 2010 07:45:21 -07
http://www.businesscycle.com/resources/

WLI at 120.6 and growth at -9.8%.

How will the ECRI con men finesse this one?  

 

That is why we need rabbis, or, gurus, to interpret the "laws" governing the economy! The economy has already been shocked into the "double dip." In reality, the US economy is in the midst of the most prolonged depression ever!! It simply lacks the sharp contaction of 1930-33, but when looked over 2001-2015 period we would have the worst growth in US history.

 

Americans need constant reminding that they are living under the system of the Crooks, by the Crooks and for the Crooks. Crooks control the people that the dopes vote for! The 2016-2030 period, when the Greater Depression would  be widely acknowledged, would be known as the period of catastrophe in the US. That raises the probability of the election of the American Hitler during the 2016, or 2020, election. Sorry, it is too late to do anything about it.

Jas

Death Cross for S&P500 - Chart & Values

ECRI Weekly Leading Indicators Widely Misunderstood

DOW Stocks YTD at end of First Half 2010