Data may show Consumer confidence fell to 48.5 in July, from 49.3 the prior month
Marla Guthrie
Jul. 27, 2009

The yield on the benchmark 10-year note fell two basis points, or 0.02 percentage point, to 3.68 percent. The rally in Treasuries is fueled by the speculation that the consumer confidence will fall slowly and steadily making new lows in the next several months.

The recession or depression, however you see that, is real. The consumer confidence is making new lows and will continue to do so as the stimulus money wares off from the surface of the economy failing to create any froth.

The manufacturing indices are becoming weak. The real estate loans are again difficult to obtain. The companies have started cutting jobs again. In the middle of all that the inflation especially in commodities is edging up. That is not good for the economy or the stock market. The dollar will become weak and gold will take off above $1000 per ounce.

Data may show Consumer confidence fell to 48.5 in July, from 49.3 the prior month
Marla Guthrie
In the middle of all that the inflation especially in commodities is edging up. That is not good for the economy or the stock market. The dollar will become weak and gold will take off above $1000 per ounce.
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Marla Guthrie
The price divergence between new home prices and the lumebr price shows the fact that demand is artificially created by unrealistic price reductions. That is not sustainable on the long term.
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Verizon slashes 8200 jobs with drop in net income – economic depression intensifies
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Typically in a bear market rally within a secular long term bear market, the market rallys big on a percentage basis but companies like Verizon with steady customer base keep experiencing declining profits.
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Social networking site Facebook has defended a controversial move that allows its partners to use members’ hosted photos to promote advertisements
Kiarn Chaube
It is easy to shift the responsibility to application developing partners. Fact of the matter is that Facebook has allowed use of pictures of members in a controversial manner.
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Bernanke says 'People are adopting good habits' : Does it help reversing the economic depression?
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The Dow will challenge 10,000 very soon. It will fail to sustain that level and then in the next twelve months will fall below 3,000. The unemployment will rise fart above 15% and the housing collapse will accelerate beyond any imagination.
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Investment banks and Government to spur over mega million dollar pay packages – Citi Group faces legal challenge
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Investment banks and Government are eying each other, as the spur over mega million dollar pay packages is about to start. Citi Group faces legal challenge on one side and Government’s new pay czar.
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Special interests, insurance companies and lobbyists cannot stop Obama’s health care legislation - Pelosi joins the war for the common people of America
Special Correspondent
President Barack Obama is fighting to save his top domestic priority after disagreements over cost and methods of funding bogged down legislation in Congress.
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