While the stock market is manipulated ever higher and higher, the US economy is growing ever sicker and sicker. ALL these things we predicted back in our inaugural issue of our Market Review and in our very first Blogs when we decided to go VERY public with our forecasts.
The following news story does reveal the truth of all the economic horrors that we are right now living through and the ordained fact that even MUCH greater horrors are in store for all of us when the “Great Deception of 2012” is finally completed in mid 2014 to late 2014 with the Dow Jones above 16,500!
For, the FED is now revealing, in the following article, that they do intend to leave the insane ZIRP in place until THE WINTER of 2014, which does clearly reveal that they are forcing the American 'Sheeple' to buy stocks and that they DO UNEQUIVOCALLY KNOW that this economy is deathly ILL!
Well, these things should be very, very clear, if you know how to read the tealeaves. We will give a very short lesson here. The Sheeple are being told (30 to 50 times a day) that the stock market is going up because the economy is getting better. This is an outright lie, as the following ‘Micro–Mini- Analysis’ (MMA) will clearly reveal:
#1 The Sheeple are told every day that Caterpillar is experiencing greater sales because the economy is improving.
This is an outright lie!
Caterpillar is showing ever increasing sales because, because there is now a worldwide explosion in the mining of GOLD and SILVER and other precious metals. And this is so because the smart money ALL OVER THE WORLD KNOWS that the real inflation rate is MUCH higher than the 2.5% reported by the US CD to the compliant and ignorant American ‘Sheeple’ and that it is soon to be soaring!
The rest of the Dow and S&P components that are pushing ever higher are Internet stocks like Google and Apple that have NOTHING to do with an improving American economy. Google and Apple are not adding workers from middle America. In fact, they both import their High Tech wizards from India, while Apple exports all their manufacturing and assembly jobs to the Third World at very near slave-labor rates.
Neither of these two “Darlings of Wall Street” - nor the ridiculous Internet IPO’s that are now hitting the Street – contribute one iota to the real US economy, as far as substantial jobs or employment opportunities for middle class Americans.
And, MARK OUR WORDS, Caterpillar is VERY likely to begin exporting jobs real soon, just as has Boeing and many other formerly stalwart American companies!
So, are you and your company ready for a poorer American consumer?
You had better be, especially after Obama’s ‘Bait and Switch’ “Buffet Tax Bill” passes and really begins to pauperize the middle class!
U.S. Stocks Advance as Federal Reserve Signals Low Rates
Bloomberg; By Rita Nazareth - Apr 12, 2012 12:51 PM ET
April 12 (Bloomberg) -- Kate Moore, senior global equity strategist at Bank of America Merrill Lynch, discusses the outlook for U.S. markets and investment strategy…
The S&P 500 advanced 1.2 percent to 1,385.45 at 12:50 p.m. New York time. The benchmark gauge yesterday snapped the longest losing streak since November
“We’ll continue to see similar language: the Fed is ready to provide more accommodation if necessary,” said Russ Koesterich, the San Francisco-based global chief investment strategist for the IShares unit of BlackRock Inc…
Equities rose after Federal Reserve Vice Chairman Janet Yellen and Fed Bank of New York President William C. Dudley endorsed the central bank’s view that borrowing costs are likely to stay low through 2014. U.S. central bankers next meet on April 24-25 to debate policy after a report last week showed job growth slowed to the weakest pace in five months.
Jobless Claims
The comments offset investors’ disappointment after a government report today showing that more Americans than forecast filed claims for jobless benefits last week, a sign the pace of improvement in the labor market is slowing.
….“It’s very difficult to kill a rally that we’ve seen over the last few months in one shot,” said Michael Shaoul, chairman of Marketfield Asset Management in New York, which oversees more than $1.6 billion. “Without new news it will be very difficult to send this market lower. Ultimately, earnings are going to be important. I would expect good domestic earnings.”
Caterpillar, Alcoa
The Morgan Stanley Cyclical Index of companies most-tied to economic growth added 2.5 percent. The Dow Jones Transportation Average, considered a proxy for the economy, gained 2.4 percent. Caterpillar Inc. (CAT) advanced 3.7 percent to $105.50. Alcoa rose 2.8 percent to $10.18.
…Google, which is scheduled to report first-quarter results after the market close, added 1.2 percent to $643.80. On average, the analysts surveyed by Bloomberg estimate earnings of $9.64, a 19 percent growth from the same period a year earlier.
Google’s Cash
…The retreat in the S&P 500 may not be over, as a gauge of bullishness reached levels that coincided with the market’s peak in 2007 and preceded the biggest pullback in both of the last two years.
The Consensus Bullish Sentiment index on stocks, based on a weekly survey of brokerage strategists and newsletter writers, exceeded 75 percent for seven weeks through April 3, the longest streak since Kansas City,
…
“We’re concerned at what we view as very complacent bullish sentiment, almost frothy, and it needs to be unwound,” John Kattar, chief investment officer at Eastern Investment Advisors in Boston, which manages $1.7 billion, said in a telephone interview. “We should see some fear creeping back into the market, but we’re a long way from that happening yet.”
No comments:
Post a Comment