U.K. Property Asking Prices Drop http://t.co/oyyrfz6
ForexLive: UK Data: Rightmove Sees 1st y/y Fall Since September 2009 http://t.co/dmdefZv
Bottom line, "while there is 18% upside to the year-end bull case and 16% downside to the year-end bear case, we assign a higher probability to our bear case than bull case, preventing us from becoming increasingly optimistic." When even Morgan Stanley tells you (or rather the whale clients who are now more than happy to sell into every low volume, retail driven rally) there is little to smile about, it is high time to look for the
http://www.zerohedge.com/news/morgan-stanley-gets-downright-apocalypticToday is is apparent that organised crime controls Wall Street, CNBC is silent on this matter or you could say "wilfully blind"
Quote from the book:
"It is no accident that most investors lose money in the stock market. Their losses are an inevitable by-product of their ignorance of how little they know about the invisible world of the Stock Exchange. Like machines dominated by external influences, they are capable only of mechanical action.
Regrettably, the arrangements that exist to preserve the traditions and legalize the frauds of the security industry are inseparable from the general organization of a society controlled by the financial establishment, a society whose laws and principal customs have been contrived to serve the special interests of the financial community. Thus, although the Stock Exchange's most profitable practices clearly compromise the freedoms granted others by the constitution, Exchange Insiders are granted immunity from the legal obligations and penalties that should be imposed on them."
Talking Points
Connect the dots: If ECB buys Spanish/Italian bonds, they do QE3 for US, so euro rallies and dollar drops. Lower dollar, higher stocks.
Connect the dots: If ECB buys Spanish/Italian bonds, they do QE3 for US, so euro rallies and dollar drops. Lower dollar, higher stocks.
US Representative Cantor says debt limit vote will be sometime today and they have the votes to be able to pass ...http://bit.ly/nQlbkx
US Representative Cantor says debt limit vote will be sometime today and they have the votes to be able to pass ...http://bit.ly/nQlbkx
From RanSquawk: Market talk that a US debt ceiling agreement may have been reached; unconfirmed
From RanSquawk: Market talk that a US debt ceiling agreement may have been reached; unconfirmed
From RanSquawk: Market talk that a US debt ceiling agreement may have been reached; unconfirmed
From RanSquawk: Market talk that a US debt ceiling agreement may have been reached; unconfirmed
