Thursday, February 05, 2009

ANIMAL SPIRITS

If tech shows "animal spirits" CSCO rather dour news, Chambers can pump it up with the best, but when obvious he comes clean. STIM is NO STIM, DEM's not giving an inch, REPUB's not getting much say cept lip service...a failed bill that doesn't stim for an economy on last gasp needing REAL STIM...not a good cocktail

EWT seems wrong AGAIN about gold, so one mans wave rad is another mans tsunami wipe out

The credit goosing machine is dead, IPO's went sterile snip snip....there is no capex expansion but contraction of spending on all fronts cept FED and GOV....with NO vehicle to feed the animal spirit my ONLY question is from WHAT LOW do we finally recover from........and in the END how can all the US $$$$ printing of historic proportions be healthy for the ultimate destination of its value.

AM JOBLESS CLAIMS LEAP 41,000 to 626,000 and somehow the BLS gives us a larger than expected productivity # !

Duratek....a light in a sea of chaos

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