Author: CERN supercollider

I'd short most stocks... especially the Fannie Mae's and AIGs... expect at least a 2% drop sometime in the next 2 weeks... and maybe a runaway drop soon.

(Stock Market rally has ended)

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#12578077)

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#12578094)

Maybe the mortgage delinquencies will "matter" to the market next year, but not now.

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#12578107)

They seem to be ballooning out of control.

Job creation is at the lowest level during the whole recession the last 3 weeks.

Job losses were 150,000 over estimates for July

I'd hold the fuck on as we see the new jobless figures/delinquency for August.

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#12578152)

S&P 500 1,110.63

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#13376542)

1,147.87 +2.19 (0.19%)

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#13805583)

The big banks are insolvent, and to the extent they aren't, it's because we've changed the accounting rules, injected themselves with billions, and permitted their shit to be offloaded onto regional banks and the very sovereign itself.

Unemployment is structural, meaning that the new jobs are gonna have to come from a new "new thing" and there ain't any such "new thing" on the horizon. Plus, the underemployed droves mean that the first huge leg of any recovery is just gonna be reupping newly-part-time workers rather than generate hiring.

Commercial real estate, which has been the next shoe to drop forever as yet hasn't and will make the residential issues pale in comparison.

The endgame of a combination of chapter 13ers and foreclosure moratoria and flippers trying to wait out the market will yet be coming due in droves. Oh right and I'm only now (tldr) mentioning the option arms.

the Federal Housing Authority, is , INCREDIBLY acting more irresponsibly than Fannie and Freddie ever did, so the U.S. govvie now guaranties 80 (you read that right) percent of the mortgages in America and some vast chunk of them are in default, and were downpayed at like 3 - 10%

The resolution of the crisis points at two contradictory points - namely american have to deleverage their own financial catastrophes while at the same time spending to keep all the u.s. businesses afloat.

oh and by the way we're in such fucking hock that we're forcing other countries to keep us afloat and there may come a moment where they simply tell us to fuck off.

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#12884140)

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#13239123)

Idiots. There is no rally. The stock market is worth the exact same, the dollar is just worth less so the valuation of the stock market, which is in dollars, appears to rise.

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#13239198)

(https://autoadmit.com/thread.php?thread_id=998364&forum_id=2#14685358)