Friday, April 23, 2010

CANARY IN BUBBLE LanD?

SSEC felll last night to 2983

from ino.com


China's Retail Sales May Grow 16% In 2010
1 minute ago

"China's retail sales are expected to grow 16% this year, the Ministry of Commerce said in a report released on Friday. The basis for world economy is still relatively fragile and external demand reamains grim with rising friction in global trade, the ministry cautioned. This is putting pressure on the domestic economy. Inflationary pressures have increased along with natural disasters and other emergencies, the report noted. However, investments are likely to remain high in the short term. "

*Stimulated? Funds slated for local projects are being diverted towards 'DEBT" balto county is loving $118 million in cash away from capital projects to cover "revenue shortfall". ONLY ONE REASON for shortfall...TAX RECEIPTS!!! can't lie here

BIG BONUSES ARE BACK WHO CARES?

DOWN SHE GOES........DOES IT MATTER? (falling liquidity?)

SPX dividend yield a SCANT 1.87% BEYOND BUBBLE yield at 2000 TOP it ws 3% !

Duratek

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