More Economic GOOD NEWS: Stocks log strongest 1st Quarter in 12 years

[Truthmatters]

Car sales are up by an average of 30%. And this is after the Cash for Clunkers program ended.

Wasn't it you right-wing types who were telling me I was an "idiot" for thinking that car sales would continue to be good after "Cash for Clunkers" ended. LOL.

GM had it's best month in years this month, and before you go off on how that because of the Toyata fiasco, it turns out Toyota sales are up too.

Wall Street is about to hit 11,000.

All other aspects of the economy have been, and are still, in recovery.

And whether the Jobless numbers meet some arbitrary expectation numbers or not, they are UP.

So, essentially, we're in pretty damn good shape relative to what was happening a short time ago.

GM sold more cars than last year at this time, not the best month in years, as reported by truthmatters.

Please get the post

 

[Vast LWC]

Car sales are up by an average of 30%. And this is after the Cash for Clunkers program ended.

Wasn't it you right-wing types who were telling me I was an "idiot" for thinking that car sales would continue to be good after "Cash for Clunkers" ended. LOL.

GM had it's best month in years this month, and before you go off on how that because of the Toyata fiasco, it turns out Toyota sales are up too.

Wall Street is about to hit 11,000.

All other aspects of the economy have been, and are still, in recovery.

And whether the Jobless numbers meet some arbitrary expectation numbers or not, they are UP.

So, essentially, we're in pretty damn good shape relative to what was happening a short time ago.

GM sold more cars than last year at this time, not the best month in years, as reported by truthmatters.

They're doing pretty damn well, relative to a year or two years ago. They're also doing that spending $2,000 LESS on incentives per vehicle year-over-year.

Ford is doing even better. Their US sales are up 38.9%.

 

[rightwinger]

Car sales are up by an average of 30%. And this is after the Cash for Clunkers program ended.

Wasn't it you right-wing types who were telling me I was an "idiot" for thinking that car sales would continue to be good after "Cash for Clunkers" ended. LOL.

GM had it's best month in years this month, and before you go off on how that because of the Toyata fiasco, it turns out Toyota sales are up too.

Wall Street is about to hit 11,000.

All other aspects of the economy have been, and are still, in recovery.

And whether the Jobless numbers meet some arbitrary expectation numbers or not, they are UP.

So, essentially, we're in pretty damn good shape relative to what was happening a short time ago.

Damn!

That sounds like some ECONOMIC GOOD NEWS

 

[Vast LWC]

Damn!

That sounds like some ECONOMIC GOOD NEWS

It sure does.

I don't think right-wingers will be able to do their Orwellian spin on this one.

You never know though, I think right now they're waiting for their talking points from FoxNews.

 

[saveliberty]

Car sales are up by an average of 30%. And this is after the Cash for Clunkers program ended.

Wasn't it you right-wing types who were telling me I was an "idiot" for thinking that car sales would continue to be good after "Cash for Clunkers" ended. LOL.

GM had it's best month in years this month, and before you go off on how that because of the Toyata fiasco, it turns out Toyota sales are up too.

Wall Street is about to hit 11,000.

All other aspects of the economy have been, and are still, in recovery.

And whether the Jobless numbers meet some arbitrary expectation numbers or not, they are UP.

So, essentially, we're in pretty damn good shape relative to what was happening a short time ago.

GM sold more cars than last year at this time, not the best month in years, as reported by truthmatters.

They're doing pretty damn well, relative to a year or two years ago. They're also doing that spending $2,000 LESS on incentives per vehicle year-over-year.

Ford is doing even better. Their US sales are up 38.9%.

That is a very true statement. Now, please temper that with drastically reduced profit margins for the dealers on said cars and trucks.

 

[eagleseven]

April fools!

 

[Vast LWC]

GM sold more cars than last year at this time, not the best month in years, as reported by truthmatters.

They're doing pretty damn well, relative to a year or two years ago. They're also doing that spending $2,000 LESS on incentives per vehicle year-over-year.

Ford is doing even better. Their US sales are up 38.9%.

That is a very true statement. Now, please temper that with drastically reduced profit margins for the dealers on said cars and trucks.

Really? Do you have some numbers?

 

[saveliberty]

They're doing pretty damn well, relative to a year or two years ago. They're also doing that spending $2,000 LESS on incentives per vehicle year-over-year.

Ford is doing even better. Their US sales are up 38.9%.

That is a very true statement. Now, please temper that with drastically reduced profit margins for the dealers on said cars and trucks.

Really? Do you have some numbers?

I can do better, I have invoices for said cars and trucks. If you know how to read them, they tell you what the dealer is making. The numbers are way down.

 

[concept]

But I thought the great and wonderful Ozbama said we shouldn't pay attention to the daily girations of the dow?

Or is it ok to do so now?

So just so I get this straight....

Dow going down? No biggie, don't pay it no nevermind.
Dow going up? ZOMG Ozbama's economy is teh roxorz!!!!!

 

[The T]

But I thought the great and wonderful Ozbama said we shouldn't pay attention to the daily girations of the dow?

Or is it ok to do so now?

So just so I get this straight....

Dow going down? No biggie, don't pay it no nevermind.
Dow going up? ZOMG Ozbama's economy is teh roxorz!!!!!

Just wait until Cap N'Tax, and the Immigration legislation get going full steam? Let us see HOW the market reacts then? Let us see how much these Statists appreciate things when a real crash happens due to what they're doing?

 

[Vast LWC]

But I thought the great and wonderful Ozbama said we shouldn't pay attention to the daily girations of the dow?

Or is it ok to do so now?

So just so I get this straight....

Dow going down? No biggie, don't pay it no nevermind.
Dow going up? ZOMG Ozbama's economy is teh roxorz!!!!!

Tell you what, you give me your choice of major economic indicator, and I'll show you how it's improved.

And, by the way, the government is making 7.2 Billion dollars off of their investment in Citibank by selling it's shares.

Now, while Bush was the guy who decided to bail Citi, among other banks, out, the Democrats were the folks that insisted the loans be turned into buying of shares.

Turns out that that little bit of "Socialism" turned quite a nice profit for the taxpayers.

 

[Vast LWC]

Really? Do you have some numbers?

I can do better, I have invoices for said cars and trucks. If you know how to read them, they tell you what the dealer is making. The numbers are way down.

Well, can you link those? Or are they yours? (in which case you shouldn't.)

 

[Toro]

This is due primarily to the Federal Reserve, which has taken absolutely unprecedented steps to support the housing market. It has created enormous amounts of liquidity - literally nearly $2 trillion - to support the housing and mortgage markets. This ocean of liquidity is now gushing into asset markets such as stocks and bonds. These are the same conditions that created the housing bubble, and the people who run the Federal Reserve are absolutely clueless in the roll they play in creating bubbles all around the world.

The other thing that is gunning stock markets is China. China jammed $500 billion into its financial system over the past year, literally forcing banks to lend to projects that will ultimately prove to be unprofitable. This is supporting industrial, manufacturing, materials and energy companies as China builds factories and buildings it does not need.

The economy is getting better, but stocks are now expensive, and this is now a momentum-chasing market.

This will go on for awhile, perhaps 2 or 3 years. But when it ends, there is a very high risk that we will eventually crash down and re-test the lows.

The amazing thing to me is that we have not learned a thing from the housing bubble. The people who run monetary policy in this country are incompetent. When the next bubble collapses, we may not have enough stimulus to support anything, and we will be SOL.

 

[Toro]

They're doing pretty damn well, relative to a year or two years ago. They're also doing that spending $2,000 LESS on incentives per vehicle year-over-year.

Ford is doing even better. Their US sales are up 38.9%.

That is a very true statement. Now, please temper that with drastically reduced profit margins for the dealers on said cars and trucks.

Really? Do you have some numbers?

I don't know about last year but a few years ago, 16 million cars were sold in this country over 12 months. Recently, that number was 10 million. We might do 11 or 12 million over the next 12 months.

 

[Douger]

Everyone,, but you, knows the health industry gonna make the bank !
Other than that.
You're still fucked.

 

[Zander]

Buy stocks!! Buy now!! You can't lose!!!

I agree with Toro. This is yet another bubble caused by govt interference in the marketplace. If you have any stock positions my advice is to sell now while the prices are inflated. Good luck!

 

[Toro]

But I thought the great and wonderful Ozbama said we shouldn't pay attention to the daily girations of the dow?

Or is it ok to do so now?

So just so I get this straight....

Dow going down? No biggie, don't pay it no nevermind.
Dow going up? ZOMG Ozbama's economy is teh roxorz!!!!!

Just wait until Cap N'Tax, and the Immigration legislation get going full steam? Let us see HOW the market reacts then? Let us see how much these Statists appreciate things when a real crash happens due to what they're doing?

Immigration is absolutely irrelevant. Cap N Trade will matter but not in the short run because the market is being powered by an ocean of liquidity flooding the markets and a slowly improving economy.

 

[Toro]

Buy stocks!! Buy now!! You can't lose!!!

I agree with Toro. This is yet another bubble caused by govt interference in the marketplace. If you have any stock positions my advice is to sell now while the prices are inflated. Good luck!

I went short a little over a week ago but I'm beginning to wonder.

Stocks don't go down much when the yield curve is so steep and the economy is beginning to grow again. They also probably don't go down much when ~$2,000,000,000,000 worth of liquidity has been pumped into the asset markets by the Fed's buying of mortgages and other assets.

The more the market goes up, the more I worry about the future of the dollar, and the higher the probability of $5000 gold becomes.

 

[Vast LWC]

This is due primarily to the Federal Reserve, which has taken absolutely unprecedented steps to support the housing market. It has created enormous amounts of liquidity - literally nearly $2 trillion - to support the housing and mortgage markets. This ocean of liquidity is now gushing into asset markets such as stocks and bonds. These are the same conditions that created the housing bubble, and the people who run the Federal Reserve are absolutely clueless in the roll they play in creating bubbles all around the world.

The other thing that is gunning stock markets is China. China jammed $500 billion into its financial system over the past year, literally forcing banks to lend to projects that will ultimately prove to be unprofitable. This is supporting industrial, manufacturing, materials and energy companies as China builds factories and buildings it does not need.

The economy is getting better, but stocks are now expensive, and this is now a momentum-chasing market.

This will go on for awhile, perhaps 2 or 3 years. But when it ends, there is a very high risk that we will eventually crash down and re-test the lows.

The amazing thing to me is that we have not learned a thing from the housing bubble. The people who run monetary policy in this country are incompetent. When the next bubble collapses, we may not have enough stimulus to support anything, and we will be SOL.

Wouldn't the fact that investors are borrowing and then putting their money into stocks be the fault of the investors and not the Fed? Just saying.

And isn't the bubble effect going to tempered by all the new financial regulations that are going into place?

 

[rightwinger]

Buy stocks!! Buy now!! You can't lose!!!

I agree with Toro. This is yet another bubble caused by govt interference in the marketplace. If you have any stock positions my advice is to sell now while the prices are inflated. Good luck!

After all...Zander has been assuring us

THE ECONOMY WILL FAIL

The future of the Republican Party depends on it