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Stock Market May Be Headed
for Rude Shock This Month
CNBC, by Maria Bartiromo
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Original Article
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Posted By:BaseballFan, 10/2/2012 2:42:26 PM
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| The focus on fundamentals is about to begin. For the last three months, investors have been ignoring the weak economic backdrop and plowing money into stocks because of the cheap money swirling from central banks around the world. Investors are searching for yield in an environment of rock bottom rates. But judgment day is coming. (Snip) Things are seen picking back up in the fourth quarter, with overall earnings growth expected at nearly 10 percent — but many sources I speak to are questioning such a bounce from negative to double-digit growth.
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Comments:
Stand by...
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Reply 1 - Posted by:
jimK1, 10/2/2012 2:49:54 PM (No. 8904693)
Let's see, earnings lower, taxes higher (by a lot), I think there is something wrong here.
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Reply 2 - Posted by:
Photoonist, 10/2/2012 2:59:59 PM (No. 8904728)
The stock markets were going up based on the belief there would be more action on Spain, that is, more massive bailouts. Free money. There is no terrific business news to justify a rapidly rising market but there is a sufficient bubble for bad news to burst it.
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Reply 3 - Posted by:
NorthernDog, 10/2/2012 3:05:02 PM (No. 8904743)
There's basically no place else to put money if you are trying to make a return on investment. Real estate is shaky, bank interest rates are a joke, and starting a new business will earn the wrath of the government. The market will eventually correct itself (it always does).
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Reply 4 - Posted by:
Safari Man, 10/2/2012 3:35:04 PM (No. 8904824)
The stock market right now is a bubble pumped full of very hot hydrogen gas, thanks to Ben "Dover" Bernanke (per request of Barry 'Em Obama). Europe is a powder keg. Obama is breaking all sorts of laws trying to keep his campaign afloat. Economists are saying we're already in recession -- Apple sold 50% of the expected number of iPhone 5's if you need a metric to gauge the consumer sentiment.
When this goes, oh the humanity... the humanity.
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Reply 5 - Posted by:
TexaTucky, 10/2/2012 3:44:18 PM (No. 8904851)
America is still the best place for the world to invest, so all those inflated dollars will end up here in our stock market.
Mitt Romney is about to win the presidency by a 5-10 point margin.
Go long, Henny Penny.
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Reply 6 - Posted by:
kanphil, 10/2/2012 3:45:04 PM (No. 8904854)
If not now, certainly next January when taxes go up steeply.
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Reply 7 - Posted by:
vesicant, 10/2/2012 5:02:33 PM (No. 8905062)
Oh great, so my 201K will now be a 101K?
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Reply 8 - Posted by:
Italiano, 10/2/2012 5:07:44 PM (No. 8905074)
...or not. Either way.
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Reply 9 - Posted by:
oldsfc, 10/2/2012 5:13:05 PM (No. 8905093)
The fed "prints" money and gives it to banks. The banks buy stock with the funny money. Can you say another bubble?
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Reply 10 - Posted by:
slickbgone, 10/2/2012 5:26:02 PM (No. 8905119)
What to do? Gold?
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Below, you will find ...
Most Recent Articles posted by "BaseballFan"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "BaseballFan"
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Police: Grandson killed,
robbed 72-year-old man
who was headed to dialysis
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Chicago Sun-Times, by Tina Sfondeles
Original Article
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Posted By: BaseballFan- 3/31/2013 5:05:34 PM
Post Reply
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William Strickland waited for his grandfather to step out of his South Side home to take his paratransit ride to a kidney dialysis appointment early March 2, authorities said Saturday — then stood behind the 72-year-old man, shot him six times in the back and stole his wallet, leaving him to die just steps from his home. Prosecutors said Saturday that Strickland, 19, used the money he took from his grandfather, who also was named William Strickland, to pay for new gym shoes, a cellphone and tattoos. The teen had no criminal history but was an admitted gang member, they said.
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ACLU launches nationwide
look into police ´militarization´
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United Press International, by Kristen Butler
Original Article
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Posted By: BaseballFan- 3/6/2013 10:23:49 PM
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WASHINGTON — On Wednesday, American Civil Liberties Union affiliates in 24 states filed over 177 public records requests with law enforcement agencies to determine the extent to which federal funding and support has fueled the militarization of state and local police departments. According to an ACLU statement, "Federal funding in the billions of dollars has allowed state and local police departments to gain access to weapons and tactics created for overseas combat theaters...
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Federal court: No Second Amendment
guarantee for concealed carry
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Denver Post, by Karen Auge
Original Article
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Posted By: BaseballFan- 2/23/2013 2:57:59 PM
Post Reply
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The Second Amendment´s guarantee of a right to bear arms does not extend to the right to carry a concealed weapon in public, a federal appeals court in Denver has ruled. "We conclude that the carrying of concealed firearms is not protected by the Second Amendment . . ." Justice Carlos Lucero wrote on behalf of a three-judge panel of the 10th U.S. Circuit Court of Appeals. Lucero cited case law dating to the 1800s that put restrictions on walking around in public with a gun. "In light of our nation's extensive practice of restricting citizens' freedom to carry firearms in a concealed manner,
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NRA uses Justice memo
to accuse Obama on guns
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Associated Press, by Alan Fram
Original Article
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Posted By: BaseballFan- 2/23/2013 12:30:52 PM
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Washington - The National Rifle Association is using a Justice Department memo it obtained to argue in ads that the Obama administration believes its gun control plans won´t work unless the government seizes firearms and requires national gun registration — ideas the White House has not proposed and does not support. (Snip) Justice Department and White House officials declined to provide much information about the memo or answer questions about it on the record. The memo has the look of a preliminary document and calls itself "a cursory summary" and assessment of gun curb
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W. Colo. school board
votes to arm administrators
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Associated Press, by Staff
Original Article
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Posted By: BaseballFan- 2/10/2013 8:53:39 PM
Post Reply
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CORTEZ, Colo. - A school board in western Colorado has decided to allow the district superintendent and a principal to carry firearms onto school grounds. The Cortez Journal reports the seven-member board that oversees schools in Dolores County voted unanimously Wednesday to allow the principal at Dove Creek High School and the superintendent to double as security officers, provided they complete a concealed carry course and receive a permit from the county sheriff´s office. Superintendent Bruce Hankins and Principal Ty Gray will receive an additional $1 salary for the extra duties.
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O.C. school district keeps
rifles, but not on campuses
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Orange County Register, by Scott Martindale
Original Article
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Posted By: BaseballFan- 1/24/2013 10:26:19 AM
Post Reply
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Santa Ana Unified, the only Orange County school district with its own police force, says that certain officers are trained to use department-issued assault rifles, but none of the high-powered guns or other weapons is stored on campuses. (Snip) The Fontana Unified School District in the Inland Empire is storing 14 Colt 6940 rifles in locked safes on its campuses, to be used by the school district´s police department in the event of a campus attack, Superintendent Cali Olsen-Binks said this week.
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Report: Hickenlooper´s wife
would stay for presidential run
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KUSA-TV 9News.com [Denver], by Robert Garrison
Original Article
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Posted By: BaseballFan- 1/23/2013 9:34:56 PM
Post Reply
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DENVER - Colorado Governor John Hickenlooper gave a candid comment to the New York Times about his wife, from whom he is separated. The reporter says the Governor told him Helen Thorpe mentioned if Hickenlooper wanted to run for President, she offered to stay married and figure it out. Thorpe attended the State of the State address this month and was thanked by the Governor for staying. He said she was a beacon of light to him and their son.
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Navy: Random alcohol
tests for sailors in US
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Associated Press, by Brock Vergakis
Original Article
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Posted By: BaseballFan- 1/23/2013 9:09:31 PM
Post Reply
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NORFOLK, Va. - The Navy said Wednesday it will conduct random blood-alcohol tests on its sailors in the United States starting next month, a sign of how concerned the service´s leaders have become about the effects alcohol abuse is having on the force.(Snip)A positive test result for a sailor reporting to work - a reading of 0.02 percent or higher - won´t be used to punish sailors. But the Navy said it could be used to refer him or her to a drug and alcohol program adviser. Adm. Mark Ferguson, vice chief of naval operations, said the random tests could help spot sailors
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The man who trademarked ‘Harbowl’
a year ago, until NFL lawyers
pressured him to abandon it
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Washington Examiner, by Timothy P. Carney
Original Article
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Posted By: BaseballFan- 1/23/2013 7:02:37 PM
Post Reply
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A year ago, as the Baltimore Ravens under coach John Harbaugh and San Francisco 49ers under coach Jim Harbaugh advanced through the NFL playoffs, there was talk of a potential brother-vs-brother Super Bowl – a “Harbowl,” as some sportswriters had begun calling it. Roy Fox of Pendleton, Indiana, is an ordinary football fan who had an idea: make T-shirts and hats with the word “Harbowl” on them, and sell them for some extra cash in case these brothers did ever meet up in a future Super Bowl. Mr. Fox remembered how Lakers Coach Pat Riley famously made money by trademarking
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Virginia lawmaker´s AK-47
sparks gun debate on House floor
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Washington Examiner, by Steve Contorno
Original Article
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Posted By: BaseballFan- 1/18/2013 1:16:48 PM
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A Richmond-area lawmaker brandished an AK-47 on the floor of the Virginia House of Delegates on Thursday in a wild stunt aimed at rallying support for tougher gun laws. Del. Joe Morrissey, D-Highland Springs, pulled the weapon out shortly after the day´s session got underway, a time when legislators typically welcome school groups and other visitors in the chamber´s gallery. (Snip) Del. Todd Gilbert, R-Woodstock, interrupted Morrissey´s speech to ask him to take his finger off the trigger lock and later said that taking guns from citizens is what led to the Holocaust and mass killings under the Soviet Gulag.
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Smaller crowd, tight security
for 2nd inaugural on Monday
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Associated Press, by Staff
Original Article
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Posted By: BaseballFan- 1/17/2013 10:06:28 PM
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Washington - Less than half the number of inauguration visitors who came out in 2009 are anticipated when President Obama is sworn in for the second time Monday. But that won´t stop security from being just as tight - only this time, with some improvements. And even with the smaller crowd, if you want to get to the National Mall on Inauguration Day, you´re probably better off not driving. The hundreds of thousands of people spilling into the nation's capital Monday are encouraged to travel by rail, bus or bicycle. And no matter what they choose, those watching the inauguration activities
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NRA: NY´s quick gun law
passage nixed opposition
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Associated Press, by Staff
Original Article
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Posted By: BaseballFan- 1/17/2013 3:13:08 PM
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ALBANY, N.Y. — The National Rifle Association says the secret negotiations and lightning-fast passage of New York’s tough new gun control laws squelched the powerful gun lobby’s ability to mount opposition. Gov. Andrew Cuomo says he had to engineer quick enactment to prevent a counterproductive buying spree of now-outlawed guns. The legislation was introduced and signed into law in less than two days.
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Most Active Articles (last 48 hours)
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Former British prime minister
Baroness Thatcher dies peacefully at the age
of 87 after suffering a massive stroke
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Daily Mail [UK], by James Nye
Original Article
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Posted By: Attercliffe- 4/8/2013 8:55:39 AM
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Margaret Thatcher, the first female British Prime Minister who gained worldwide renown as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the ´Evil Empire´ of the Soviet Union, eventually witnessing its collapse. [Snip] Responding to her death, Buckingham Palace said, ´The Queen is sad to hear the news of the death of Baroness Thatcher and Her Majesty will be sending a private message of sympathy to the family, Buckingham Palace said today.´ British Prime Minster David Cameron said on hearing of her passing, ´It was
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Obama says he´s ´determined
as ever´ for gun bill
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Associated Press, by Nedra Pickler
Original Article
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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Kim Jong-un Wants Phone
Call from Obama - report
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Korea Broadcast Service, by Staff
Original Article
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Posted By: Desert Fox- 4/8/2013 6:56:50 AM
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North Korea’s young leader Kim Jong-un is waiting for United States President Barack Obama to make a phone call to Pyongyang to discuss easing tensions on the Korean peninsula, according to Russia’s news agency Itar-Tass. The report cited United Kingdom diplomats, saying Pyongyang was demanding the U.S. president personally call Kim Jong-un as one of the conditions to relieve the current conflict at hand. Itar-Tass also quoted the U.K.’s Sky News as saying North Korea currently has eight nuclear warheads.
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Christians, here´s why we´re
losing our religion
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Fox News, by Craig Groeschel
Original Article
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Posted By: STLstudent- 4/7/2013 5:13:55 PM
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Recent research indicates that the number of people who do not consider themselves a part of an organized religion is steadily on the rise. Interestingly enough, though the number of those religiously unaffiliated is increasing, there is little to no trend in the number of those who express atheist or agnostic beliefs. People aren’t saying they don’t believe in God. They’re saying they don’t believe in religion. They are not rejecting Christ. They are rejecting the church. This begs the question, “Why are we losing our religion?”
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´Mickey Mouse Club´ star
Annette Funicello dies at 70
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Los Angeles Times, by Dennis McLellan
Original Article
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Posted By: JoniTx- 4/8/2013 1:18:00 PM
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Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from
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White House: Planned GOP
gun filibuster cowardly
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Washington Times, by Dave Boyer
Original Article
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Posted By: Dreadnought- 4/8/2013 11:08:31 PM
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Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”
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Chelsea Clinton doesn´t close
door to public office
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USA Today, by Catalina Camia
Original Article
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Posted By: jackson- 4/8/2013 10:23:20 AM
Post Reply
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Chelsea Clinton has raised her profile in the last few days, which sparked the inevitable question about the former first daughter´s future: Will she ever be like Mom and Dad and run for office? Clinton, 33, essentially said "maybe" in an interview that aired Monday on NBC´s Today show. "Right now I´m grateful to live in a city, a state and a country where I strongly support my mayor, my governor, my president and my senators and my representative," said Clinton, whose father, Bill, was president from 1993-2001 and her mother, Hillary
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Special ops veterans’ group
calls for select probe of
Benghazi attack
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Fox News, by Catherine Herridge
Original Article
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Posted By: JoniTx- 4/8/2013 7:00:09 AM
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More than 700 Special Operations veterans are urging members of Congress to back a select committee to investigate last year’s Benghazi terrorist attack, according to a letter first obtained by Fox News. The letter from the group, “Special Operations Speaks,” supports the appointment of a special committee tasked with the single mission of investigating the attack that left Ambassador Christopher Stevens and three other Americans dead, and shut down the CIA operation in an annex of the Benghazi consulate, in the Sept. 11, 2012 attack. “Congress must show some leadership and provide answers to the public
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Obama flying 11 relatives of Sandy Hook
victims to D.C. on Air Force One so
they can back gun control in person
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Associated Press, by Staff
Original Article
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Posted By: BuckeyeRon- 4/8/2013 4:05:18 PM
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President Barack Obama is bringing 11 relatives of those killed in the shooting at Connecticut´s Sandy Hook Elementary School to Washington on Air Force One on Monday so they can personally encourage senators to back gun legislation that faces tough opposition. A nonprofit organization that works with the families, Sandy Hook Promise, said that after Obama´s speech on gun control in Hartford, he is flying with relatives of seven children and one staffer killed during December´s massacre at the school. The White House says Obama is going to argue that lawmakers have an
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Updated: White House, McCain
blast Cruz for threatening
filibuster over guns
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Houston Chronicle, by Joanna Raines
Original Article
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Posted By: JoniTx- 4/8/2013 4:55:05 PM
Post Reply
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There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.
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North Korea´s Army Is Full of Jumping,
Leaping, High-Kicking Martial Artists
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Atlantic, by Connor Simpson
Original Article
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Posted By: Pluperfect- 4/8/2013 5:48:23 AM
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Amid all of the very real threats of war and stuff from North Korea, you´d think American intelligence officers want as much video footage of the enemy as possible. Well, here is one video featuring North Korean exercises and Kim Jong-Un holding a gun, and we´ll say this: they certainly get points for presentation. Remember the clap-happy report from Dennis Rodman´s diplomatic basketball vacation? This video comes courtesy of the same Youtube channel that gave us that Rodman video. It appears to be the same state news channel.(Snip for video)This latest dispatch from North Korea´s state television
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Gay Connecticut couple accused
of raping adopted children
will face trial
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New York Daily News, by Erik Ortiz
Original Article
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Posted By: Drive- 4/8/2013 8:52:23 AM
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The case of a same-sex Connecticut couple accused of repeatedly raping and abusing two of their nine adopted boys is headed for trial. Married couple George Harasz and Douglas Wirth of Glastonbury were supposed to be sentenced Friday in Hartford Superior Court under a plea deal, but instead withdrew from their agreement with prosecutors. The men had already pleaded no contest in January to one felony count each of risk of injury to a minor — a reduction from even more serious charges related to sexual assault....
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