Stocks Fall After Slower-Than-Expected Jobs Growth, Rising Unemployment
NEW YORK (AP) -- Stocks lost ground Friday after the government's much-anticipated employment report showed weaker-than-expected job growth and a rise in the unemployment rate. The major indexes each fell more than 1 percent, including the Dow Jones industrial average, which lost more than 150 points.
January 04, 2008
ANYONE SEEN DOPES!!!
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65 comments:
In case anyone misses he who must not be named:
Keep renting that run down duplex, losers!
Dopes
NOPE!!! At this rate all the gains of 07 will be whipped out sometime early next week if not today!!!
I damn near had an orgasm when the employment number came out. I made about $5K this morning on my shorts...with about $10K over the past week.
And now the gloom and lower rents spread to office space:
Credit crunch, building boom push vacancies to 12-year high
By Mike Freeman
UNION-TRIBUNE STAFF WRITER
January 4, 2008
A sluggish economy, credit crunch and rampant construction took their toll on San Diego's commercial real estate market in the fourth quarter, with office vacancies spiking to their highest level since 1996.
Mark in San Diego - TO EDGAR - RENTING my 16th floor penthouse for pennies on the dollar here in San Diego. . .unemployment up (no surprise to HP'ers), rental vacancy rates up . . ."Shocked Analysts". . . .right.
Dopes, blowfly and shitferbrains are circle jerkin each other.
Watch the S&P, if it closes below 1440 today we're in for some exciting stuff as the automated trades kick in next week. Paulson, Bernanke, and their boyz are meeting with Bush today and I'm sure what they tell el Presidente will bring out the Maalox bottles.
yea right a 16th floor penthouse...i think you mean you are done jerking off reading penthouse in your basement apartment
I made about $5K this morning on my shorts...with about $10K over the past week.
January 04, 2008 4:15 PM
For that much cash it must have been Elvis's sperm that you spilled on your shorts.
Keep gambling you suckers. The Titanic is sinking as you play your silly games.
I think I just saw him going by my window at 32 feet per second per second.
They need to stop calling this a possible Recession and call this what it really is; a DEPRESION.
check out kendra todd's website. doesn't look like it's being maintained anymore.
funny to read her business plan (concept) now.
Unemployment rising to 5%.
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THAT'S COUNTERINFLATIONARY!
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Gold futures down 1%.
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THAT'S CUZ THERE'Z NO INFLATION!
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Keep hoarding it you goldbugs!
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DOPES!
the markets don't like Huckfin and his Boy??
So Uncle Ben is going to up the amount at the auctions... The fact that they are anonymous is ludicrous.
It would be great to find out who is getting those loans (I'm sure Angelo is right in there).
I saw the note where the Fed wouldn't say. But these public companies must still have to put the loans onto their quarterly earnings report... right? Perhaps, we could extrapolate that way.
Any other ideas?
Well at least Bush is eying a stimulus package...Tax rebate on the way ....wait is that a helicopter i here flying over my house??..Honey quick grab a bag...free money.....yeeeeeehawwwwww! we are saved...
We are fucked people...well those who were not listing anyway...GOT CASH!!!!!!!!!!
BBBBBBBBB
BBBBBBBBB
BOOOOOOOOO
YAAAAAAA
I knew you would post the negative financial news story of the day Keith. You just can't resist it can you? Well I have news for you, if this economy tanks like you want it to, then ALL OF US will suffer. All of you doom and gloomers may get your wish, but you will suffer along with everyone else. Also, the economy did create 18,000 jobs and the unemployment rate is still 5%. Compare that to any other country in the world idiot gloom and doomers? Also, if that damn Andrew Hac brags about our country going down and calling us "Americanos" I will go nuts. Just nuts.
Mark in San Diego - TO EDGAR - RENTING my 16th floor penthouse for pennies on the dollar here in San Diego. .
Dear Mark, I've been haunting this board for years. Perhaps you didn't catch the sarcasm? Hmm?
Ok, unemployment is rising. When the government releases the final figures next, month, the numbers will improve. Also, the Fed will lower interest rates and it will take about nine months to twelve months for the low interest rates to stimulate the economy and then happy days are here all over again. Don't forget, the rest of the world still puts its faith in the U.S. of A.
QUOTE: "As long as consumers have a job they have the ability to spend. But without a job, obviously consumers are going to spend substantially less," said Sasha Kostadinov, a research analyst and portfolio manager with Shaker Investments, a Cleveland-based firm with $400 million under management. END QUOTE
Really? Without a job consumers are going to spend substantially less? HAHAHAHAHAHA! Where will they be getting ANY money to spend? The government? Selling crack on the corner?
As my hero the Mogambo Guru says, WE'RE ALL FREAKING DOOMED!!!!
RE: Stocks Fall After Slower-Than-Expected Jobs Growth, Rising Unemployment.
This news shouldn't come as a surprise, because there were many economic close calls last year which were patched up with phony statistics, creative accounting and emergency bailout money.
Of course, the whole idea was to keep the stock market propped up until the end of the year.
Generous compensation packages can now be issued to top executives based on last year's so called performance.
Meanwhile, the great corporate implosions of 2008 are underway.
V.L.
It's time for another rate cut! And not a moment too soon!
Bye Bye, Dollar!
Jymkata
Ok, unemployment is rising. When the government releases the final figures next, month, the numbers will improve. Also, the Fed will lower interest rates and it will take about nine months to twelve months for the low interest rates to stimulate the economy and then happy days are here all over again. Don't forget, the rest of the world still puts its faith in the U.S. of A.
January 04, 2008 5:49 PM
There is no monetarist solution to a systemic crisis/collpase. The 1971 Floating Exchange Rate system is dead. The only question is whether nations and their population will join the system and die off. Or a new just system will be created by governments.
the economy did create 18,000 jobs and the
Yes, they were all Santa Claus impersonators working the malls and shopping centers.
Wake up you idiot.
i love watching CNBC on days like this, it's like a relative died.
maybe Erin Burnett needs some "consoling" tonight. Damn that is one hot piece of ass.
In case anyone misses he who must not be named:
Keep renting that run down duplex, losers!
Dopes
Edgar - we all know you are trying to compensate for something small in the pants by bragging "I own! I own!"
No need to advertise it.
In the meantime I'll continue renting my Newport Beach McMansion for $3,500 while everyone around me pays $8,000 mortgage for the exact same house.
THAT'S CUZ THERE'Z NO INFLATION!
Oh, I guess I was just imagining that $100/barrel oil.
Dopes is nothing more than a troll. That is, someone who doesn't offer any sensible insight or logic, but who gets enjoyment out of sowing discord for no reason other than to see people reply to his blather.
Dopes reminds me of all the assmonkeys atCBS CNBC etc.For three days they have been calling for everyone to run for the hills because they are spazzing over some winter storm in California.Call Noah,call the Coast Guard!
It never happened ,and they are slowly downrading the effects as they go.
What a bunch of chicken littles.
Oh my gawd !A raindrop hit a beamers windsheild in Gardena !Everyone run!!
The nerve of those donkeys ,forecasting bad news like that.Idiots.So what if a few hundred houses go floating down to Redondo beach.Sheesh.
On a side note-A Pack of wild Monkeys swarm government official in India ,and kill him.Don't efff with monkeys,or HP Tigers.
Just a couple hundred Lenders imploded,no big deal,no biggie ,everyone go home ,nothing to see here.
I made about $5K this morning on my shorts...with about $10K over the past week.
I'm sure you will let us know when you lose that $5k in one day.
"Don't forget, the rest of the world still puts its faith in the U.S. of A."
So, I guess that's why our good friends, the Kuwaitis, lifted their dollar peg and the Taj Mahal stopped accepting dollars.
Instead of a rate cut what the majority of people need right now is Prozac. Millions of it. No matter the amount of spin, wishful thinking by 'economists', jawboning, and outright lies and deception, the housing market is going to crash and it will drag the US economy into a much needed recession which will wash away the malinvestment and excesses of the past few years. Homeowners and 'real estate investors' sentiment has been dealt a powerful psychological blow over the past year that no amount of interest rate cuts can heal. The only way is down and if Bernanke has any common sense at all, he will take the opportunity to hold or raise rates to wring inflation out of the system just like Paul Volker did in 1980. If he doesn't he will end up with the worst of both worlds: Stagflation and a reduction in American living standards. It has been written. Here.
check out kendra todd's website. doesn't look like it's being maintained anymore.
funny to read her business plan (concept) now.
----------------------------------
Does anyone know if Kendra Todd will be making an appearance in Las Vegas next week at the Adult Entertainment Expo? BRAHAHAHHAHAHA
Dow down 250 as of this post. One more day like this and all of last year's gains will have been wiped out.
BOROCK said,"Once I'm President I plan to stimulate the economy by taking off my shirt again and if you don't think that'll work ya must be batshit crazy, cuuuzzz all the ladies love BOROCKS KNOTS."
HAHAH! Ya 10,000 burger flippers and 8,000 Walmart meet & greets,,,Anonopuss for the sake of the blog and us doom and gloomers please STFU! Don't get me wrong I admire another opinion of where we hope we were heading...but the writing is on the wall guy the good times and the open tap is dead and gone...get over it already, and your trying to convince the sheep that all is well...is well quite boring to say the least.
dopes has been johnny no show as of late. gee , I wonder why?
I AM HERE!
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TIME TO START BUYING!
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THANKS FOR ALL THE CHEAP SHAERS!
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DOPES!
Unemployment rising to 5%.
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THAT'S COUNTERINFLATIONARY!
I guess you weren't around in the 70's and early 80's.
I know how they can rig the DOW to make it look like everything is fine. Replace all 30 major DOW components with energy and mining companies. Cut the FFR to zero and let inflation run. The DOW will shoot to the moon and DOPES can claim that the economy is fine.
Well I have news for you, if this economy tanks like you want it to, then ALL OF US will suffer. All of you doom and gloomers may get your wish, but you will suffer along with everyone else.
It doesn't matter what anyone wants. It's going to happen as sure as the seasons change. I wish there could be nice spring weather all the time where I live. Reality says that there will also be a hot summer and cold winter. That doesn't mean that I wish for bad weather. That's what you DOPES don't understand. You are in denial. You are arguing that winter and summer will never come.
oh my god becky, look at that glut;
it's bluelight special time EVERYWHERE folks.
mark to market time.
>> WASHINGTON (AP) -- President Bush said Friday that while there is some uncertainty about slowing economic growth, the nation's "financial markets are strong and solid."
My God, what alternate reality does he live in? I want to go there - it sounds nice...
Job growth would be negative if it wasn't for the 31,000 government jobs added in Dec. The PPT wasn't in action today--guess the government workers are on vacation til monday.
Ahhhh....nothing like a dose of reality to start the New Year off right.
2008 will be a year of solid bad news. Prepare for pain.
Gee, and HPers predicted all of this 2 years ago....
What's everyone talking about? Why so gloomy?
SRS 127.25 +7.56 (6.32%)
SDD 77.75 +4.28 (5.83%)
SKF 111.80 +5.30 (4.98%)
SDS 57.85 +2.63 (4.76%)
SZK 66.95 +1.87 (2.87%)
SCC 96.00 +4.20 (4.58%)
TWM 78.27 +4.89 (6.66%)
BEARX 6.46 +0.07 (1.08%)
RYWBX 26.30 +0.08 (0.30%) -
FXF 90.47 +0.47 (0.52%)
DOW is up....oops nevermind
signed,
DOPES
The DOW and S&P are going back to the 2004 levels where they were before the liars loans and housing speculators pumped the markets up with fake demand and ATM spending.
I smell fear on this thread...
As FDR said, "There is nothing to fear, but fear itself."
Everybody here is simply discussing what IS slowly being revealed and sharing their thoughts on this issue.
Do you really believe by NOT talking about the current state of affairs, it will magically go away???
Facts are facts! Avoiding reality is NOT healthy for anybody.
These unemployment numbers are bogus! The actual numbers are far greater than they are reporting!
They don't include the millions of homeless people, the people that no longer qualify for unemployment & the independent contractors/self-employed.
GWB still has the nerve to continue saying that WE have a strong foundation and strong economy????? What planet is this man on? It sure as heck is NOT earth! or I must be in a parallel universe lol.
DOPES said 14000 December right?
12800 and falling fast
NOPES!
I'm we todd did!
I'm we todd did!
I'm we todd did!
Dopes...
Here's a contributing factor in the unemployment numbers:
http://www.iht.com/articles/2007/04/03/business/rupee.php?page=1
We cannot base our economy on consumer spending alone.
MrCoffee
I saw DOPES wandering around the local Wal-Mart today.
I heard GWB say this on television as I watched in dismay.
But here is an article you can read. Solid foundation? If it's SOLID then why would there be cause for concern??? Just asking.
"This economy is on a solid foundation," Bush said. But he also said "it can't be taken for granted, and there are some signs of concern that require the administration and Congress to be careful to ensure economic strength."
http://www.breitbart.com/article.php?id=D8TV8DN01&show_article=1
Been saving this up. Anyone remember:
"It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their property will continue its 30% yearly price increase.
Renters, and anybody born in a future generation, will not be able to afford a £15,000,000 starter home in 15 years. They will live in tent cities, and Hondas.
This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent."
That last line gets me every time.
Try repeating it earnestly.
.
Just saw DOPES ten minutes ago!
After two good flushes he was completely gone!
.
Goldilocks?
NOPES!
Hmm, seems like Goldilocks got a buzz cut.
Brutal day on the Street.
veronica lodge said...
""Of course, the whole idea was to keep the stock market propped up until the end of the year.
Generous compensation packages can now be issued to top executives based on last year's so called performance.
Meanwhile, the great corporate implosions of 2008 are underway.""
It's all so textbook.
Bud Fox in his apartment right now saying "sell the f@ck*r"
Anonymous Anonymous said...
Instead of a rate cut what the majority of people need right now is Prozac. Millions of it. No matter the amount of spin, wishful thinking by 'economists', jawboning, and outright lies and deception, the housing market is going to crash and it will drag the US economy into a much needed recession which will wash away the malinvestment and excesses of the past few years. Homeowners and 'real estate investors' sentiment has been dealt a powerful psychological blow over the past year that no amount of interest rate cuts can heal. The only way is down and if Bernanke has any common sense at all, he will take the opportunity to hold or raise rates to wring inflation out of the system just like Paul Volker did in 1980. If he doesn't he will end up with the worst of both worlds: Stagflation and a reduction in American living standards. It has been written. Here.
January 04, 2008 7:21 PM
paul volker did what he was told and so is ben bernanke. they are just stooges that dance to the tune played by the internatinal bankers that run this show. they have no power. power is owned by those who work from the shadows, nameless men whose faces we never see.
But, but - this can't be happening... Ipods... selling... NOOoooo..
DOPES
Why do you think they call it dope?
i got the solution that will work for both JBRs and homedebtors and make both happy:
- How about interest free loans or refinanced loans to buy whatever you need and also stretch the loan period to 100 years ? A $1M loan can be paid back at $800 and change every month. F**k the tax break and f**k the dollar. It is anyways a worthless piece of paper with something printed on it.
A new start for a new nation. Foreign investor suckers can go to hell or get in line to immigrate here....
Outcome: Massive housing rebound
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