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JI
jimkane
Rep: 3,058
Posts: 33,089
I decided to split off my postings of economic links from Jim's Thoughts, so that I can get that topic back to what it was intended to be, a place for me to post trading ideas and thoughts I had that I felt could be of interest to the readers.

This topic is where I will post links to various economic articles, for those that find them interesting. If you want to read (or post) articles about the unfolding debaucle, this is the place to look. If you are a short-term daytrader or swing trader and have zero interest in the economy, you can now just read Jim's Thoughts and not have to wade through this type of dicussion.

At best I think this material only has a direct effect on longer-term plays, the bigger swings that make up the major legs of the bull and bear markets. I follow this stuff for that reason, and because I want to have a handle on things, if that is even possible in this era of lies and deception, so that I can make decisions on life issues.

For example, as I posted in the commentary on the website and discussed with many people well in advance, this was something that wasn't hard to see coming. I saw many people who told me as late as Oct 2007 that 'this thing is about to 'break out' to the upside, and that Dow 20,000, and then much higher, was 'just around the corner' '. The type of articles I am posting discuss the type of information that helped me form the viewpoints I had back then.

If this is far from over, as I suspect, we are in a similar postion now as back then. With the rally that is unfolding right now the talk is the bull is back, the bottom is in, and we are set. I'm not so sure. So, I try to weigh up all the factors and not get too sucked in by the hype. To that end, I will post things here I find interesting.
MR
mreiserer
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Posts: 2,220
http://www.nytimes.com/2009/04/21/business/global/21deflate.html?_r=1&hp
JI
jimkane
Rep: 3,058
Posts: 33,089
And those ain't bull conditions, my Bruh-thuh.
MR
mreiserer
Rep: 110
Posts: 2,220
Woooooooord!
MR
mreiserer
Rep: 110
Posts: 2,220
MR
mreiserer
Rep: 110
Posts: 2,220
MR
mreiserer
Rep: 110
Posts: 2,220
JI
jimkane
Rep: 3,058
Posts: 33,089
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm sure glad none of this matters and we are in a new bull market now :-)
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, in case you didn't catch it, this site is called 'The Market Ticker'. But look at the ticker they have on the top of the page, and the numbers :-)
JI
jimkane
Rep: 3,058
Posts: 33,089
This one is long, but worth reading:

http://market-ticker.org/archives/689-Where-We-Are,-Where-Were-Heading-2009.html

Keep in mind, he wrote this on Dec 31, 2008. I find it particularly interesting he sees the Euro and Pound reaching parity not too far down the road. I mentioned I felt the Euro should be at parity, and M mentioned he saw the Pound going to parity. This, as the rumors are that the UK is about the get 'downgraded'. I am not an expert in this area, but wouldn't that be the first major country to lose its AAA rating?
JI
jimkane
Rep: 3,058
Posts: 33,089
I forgot, I do have another hero to go with Ron Paul and David Stockman, and that's Nigel Farage. Here's his latest:

http://www.zerohedge.com/news/2013-04-17/farage-unleashed-you-are-common-criminals