stockmarket futures are DOWN again -369.00 come monday yikes!

People like Kramer need you to buy so they can sell their stuff at decent prices. They will always be optimistic about the market.

This next part i blame both republicans and democrats for and americans in general too for not caring enough who they vote for.

I dont think there can ever be any economic recovery no matter what we do. We are in a situation where the people have been living off their credit cards and have been getting their wages garnished by student loans. Credit cards and loans are pretty much money you dont own but your spending already. Its not like the US debt when you can just print more money and your fine. Weve spent too long living like this so any recover will instantly get eaten up by it and we see nothing happening.

I think the only way to really try and recover is 1) cancel all student loans. I dont care if people have a tougher time going to college. Colleges will either lower to price to meet the market or go out of business. We cant have a situation where colleges can charge whatever they want. 2) freeze all credit card interest rates... or bring them down to 0%. Yes it is extreme but when you buy something with your CC the bank already gets a cut from the merchant then they get a cut again from you when you fail to make your full payment. There really should be no reason they get money from both ends.

I think without that there will be no recovery at all... even if trump or sanders is the president

 

This is actually a very instructive graph. It shows, as you say, that growth is lower when oil prices go up, and growth resumes when oil prices go down. It also shows that the Reagan boom occurred on the backdrop of declining oil price, thanks to the breaking of OPEC rather than supply side policies. In contrast, the Obama years are marked by rising and continuously high oil prices. No wonder that the recovery has been sluggish.

 

I fully agree that private debt is the problem, in fact, I have said this here many times before.

Look at this chart:



We continue with a 2% debt deleveraging per year. Under these conditions, and the high oil prices (see above) it is a wonder that recovery took place at all.

Compare this to the Reagan years of exploding consumer debt. If you assume 1% household debt growth per year under Reagan, his 4% average GDP growth all of a sudden doesn't look so great compared to Obama's 2%, given the -3% differential in private debt taking in favor of Reagan.

In any case, before the debt is deleveraged, real economic growth is unlikely to resume. Of course, companies, in their despair to sell the mass of products they have, continue to go to even more desperate measures to sell: One example is the advent of the 5 year car loan, which will probably even be extended longer in the future. Are you kidding me? A 5 year loan on a rapidly depreciating asset that loses 20% value the moment you drive it off the dealer's lot? But that's the only way to keep up car sales: Have people go into ridiculous debt, of course harming their ability for future purchases -- an economy that clearly lives for the day and neglects the future.

 

The Dow will be up on its next opening session.

 

come on and add that debt to the national debt? that will only cut future GDP down and stunt any future growth.

and that is only rewarding those that took advantage of the system

 

asian market up date futures
http://www.investing.com/indices/china-a50

now look at germany stock market wow tommorow http://www.investing.com/indices/germany-30-futures

 

what you people are looking at is not the futures for this coming week...the futures just opened up for monday and even with the market closed on monday the futures are down 10 points...oil is down almost 2%...

 

Even if the futures aren't down any upturns will be short lived and the US market heads much lower eventually.
It's an Obama economy which means everything is falling apart and decaying., no other possibility exists.
The stock market will be one of the first indicators to go bad.

 

Jim Cramer from CNBC is one of the biggest frauds out there!
People will come to realize this very soon!

 

the USO etf says they charge a .45% managemant fee.

when do they charge this and do they charge it for my entire holding?

http://www.unitedstatescommodityfunds.com/fund-details.php?fund=uso&page=fund-details

 

i doubt that...why anyone would waste their time reading or listening to him i don't understand..futures down to 28 points right now..

 

very interesting image.

shows average oil refinement costs.

looks like the Saudis can stick around $30 a barrel for a while.

 

Listen, Cramer is a clever liberal scammer and the day after he makes a bad call (which he has done alot lately) he claims
he had warned his listeners the day before. If the market goes up he was bearish the day before or if the market
goes down he had told his listeners to buy the day before. He is so wrong on his advice, that someone should sue him!

Oh yes, Cramer is a democrat so it explains his dishonesty. He follows the Hillary Clinton playbook!

 

http://finance.yahoo.com/q?s=ymh16.cbt

futures still down...down..down.

im going to buy oil when it hits $20 a barrel

 

futures down 117 points.

oil at $28.12

and I am loving it!!!!

 

you mean -197.02 now
http://www.cnbc.com/pre-markets/
ron did yah see the asian markets currently?
Hang Seng-3.62% http://www.hsi.com.hk/HSI-Net/HSI-Net
Nikkei-2.15%

 

you should notice that the US markets and Asian markets often don't match at all.

but, i do expect DJ to go down at least 100 points tomorrow.

- - - Updated - - -

http://finance.yahoo.com/news/cramer-charts-show-huge-sell-233447114.html

this could get wild!!!!

in a couple months, it could be buying time!!!

- - - Updated - - -

http://finance.yahoo.com/news/cramer-charts-show-huge-sell-233447114.html

 

now down 249

interesting

 

somethings up more then oil prices for sure now 15929.02 15671.0
-258.02
http://www.cnbc.com/pre-markets/

 

Markets rise and fall. When they tried to fix it in 08 many of us said it would just lead to a bigger problem down the line, that will require and even bigger bail out. You are going to need to let the markets adjust, people who have bad investments need to lose it's a part of the pricing mechanism.

Because China has been playing with the value of their currency it's just making the affect worst in the eyes of most people. These things happen, they need to happen to create a healthy market, this is why we all used to save for the hard times. It's an economic lesson people are going to have to relearn and remember again.

 

yeah, its called China.

 

so is the very wealthy going to be corrected also ?in this time line? if not
nothings going to change with another bailout..
[video=youtube;BPAYUssIrVE]https://www.youtube.com/watch?v=BPAYUssIrVE[/video]

 

The wealthy rise and fall the same as anyone else. They make bad investments lose their income and fall. No one is completely immune from economics.

http://marginalrevolution.com/margi...bility-in-and-out-of-the-top-one-percent.html

It's not easy to stay on top. Those that do have to earn it. Either way it's their money, but yes for the record many will fall. That's life.

 

so we should not have any more bailouts and the market should crash chips fall like it was supposed to in 2007/08 and not pump it up so quickly to take down the very wealthy 1%

 

this is how you even the field with the super rich you take away there control freak monopoly game they created in the past 25 years
http://www.telegraph.co.uk/finance/personalfinance/11720538/Secrets-of-the-one-percenters.html