The Market Is Crumbling

[jjgold]

Getting hammered

[King Mayan]

Tea party took over, now let's enjoy the show.

[Brock Landers]

what the fuk can we do about it?

[l7ustin]

now is the time to buy

[DwightShrute]

thanks Obama

[topgame85]

now is the time to buy

Not even close. We are headed MUCH lower.

[King Mayan]

thanks Obama

Go talk Canadian politics guy.

[itchypickle]

Imagine that....one day after 'the deal' was reached...we borrowed all the way to the debt ceiling again...HUGE % of GDP and now 2 year bonds are at record lows and markets tanking due to the fact that the biggest single tax increase on record is coming in December. CHANGE WE CAN BELIEVE IN!!!

[Dutch]

now is the time to buy

Not even close. We are headed MUCH lower.

At least he's got the right idea. Start thinking about buying instead of going into a panic about how the sky is falling.

[ChuckyTheGoat]

Just my two cents. Blaming Obama for not "creating jobs" = bogus.

What type of jobs would these be? Jobs where a guy can twitter and facebook for 8 hours, while pulling a check? Americans don't like to work. Foreigners will do manual labor and low-wage tasks, Americans won't.

[King Mayan]

Imagine that....one day after 'the deal' was reached...we borrowed all the way to the debt ceiling again...HUGE % of GDP and now 2 year bonds are at record lows and markets tanking due to the fact that the biggest single tax increase on record is coming in December. CHANGE WE CAN BELIEVE IN!!!

unreal. Obama this, Obama that.

[firehoyt]

It's like the chicken or egg, which came first?! Who do we reform...the lazy asses collecting checks or the government who distributes the checks?

Just my two cents. Blaming Obama for not "creating jobs" = bogus.

What type of jobs would these be? Jobs where a guy can twitter and facebook for 8 hours, while pulling a check? Americans don't like to work. Foreigners will do manual labor and low-wage tasks, Americans won't.

[DwightShrute]

unreal. Obama this, Obama that.

it the shoe fits

[ChuckyTheGoat]

It's like the chicken or egg, which came first?! Who do we reform...the lazy asses collecting checks or the government who distributes the checks?

Shock therapy, imho. Govt must stop the handouts. Economy pulled too much on the low-end and the high-end w/ tax breaks.

[itchypickle]

unreal. Obama this, Obama that.

Not just Obama - Congress in general.....not including an extension of the payroll tax holidays for the middle class and wage earner's is going to hit the people hard bro. Exclude Cali and NYC type costs of living from the example...but everywhere else in the nation - midwest especially- people making under $45k or so will automatically lose $1300-$1500 a year with the expiration.....tell me that's not going to stifle any progress made in an already weak consumer driven economy. And this hot/dry summer we're having is killing off crops which will equal higher prices on household staples to eat also.....shitt storm of bad things to come.

I blame them all for this....not Obama.

[Dutch]

"They" want you to waste time blaming a Democrat President or a Republican Congress. It's all part of their secret plan. Pay no attention to the money men behind the curtain.

[King Mayan]

it the shoe fits

Republicans own the house. So if it's Bush is not his fault, but the Kenyan is always at fault. Nice logic pal.

[DwightShrute]

Republicans own the house. So if it's Bush is not his fault, but the Kenyan is always at fault. Nice logic pal.

nice try pal. 2.5 years of failed economic policies and wasteful spending by Obama. Spin it all you want but fewer and fewer are buying what you're selling.

[CarpeDime]

liberals

[itchypickle]

still no budget and the fiscal year end is only weeks away.....nobody's even mentioning that either.

[King Mayan]

nice try pal. 2.5 years of failed economic policies and wasteful spending by Obama. Spin it all you want but fewer and fewer are buying what you're selling.

failed economic policies? Oh you mean getting out of a depression. Nice try Canadian.

[Fishhead]

WALKER destoying posters right and left........

[Fishhead]

what the fuk can we do about it?

GET OUT


Quit being so damn stubborn

[70kgman]

Business as usual over here in the market office. Relax, guy. Market has never been better.

[King Mayan]

Not just Obama - Congress in general.....not including an extension of the payroll tax holidays for the middle class and wage earner's is going to hit the people hard bro. Exclude Cali and NYC type costs of living from the example...but everywhere else in the nation - midwest especially- people making under $45k or so will automatically lose $1300-$1500 a year with the expiration.....tell me that's not going to stifle any progress made in an already weak consumer driven economy. And this hot/dry summer we're having is killing off crops which will equal higher prices on household staples to eat also.....shitt storm of bad things to come.

I blame them all for this....not Obama.

Republicans rather have corporate welfare than give tax breaks to the middle class like the Obama stimulus.

[Brock Landers]

the world is going to hell in a hand basket

[opie1988]

liberals

He jests, boys.

Please keep in mind Loshak is a deeply committed liberal, pinko hippie. He only travels back to the US for the Coachella Festival once a year. Staunch conscientious objector.

[DwightShrute]

failed economic policies? Oh you mean getting out of a depression. Nice try Canadian.

you're delusional. He did no such thing.

[King Mayan]

you're delusional. He did no such thing.

Yeah, yeah. Republicans get the house, jobs go to shit again, stock market is shit again, etc. Keep voting republican boys, let's go back to those good ol' days 00'-09... I miss those days.

[Fishhead]

Market has a chance to finish over 500 pts down........

[DwightShrute]

Yeah, yeah. Republicans get the house, jobs go to shit again, stock market is shit again, etc. Keep voting republican boys, let's go back to those good ol' days 00'-09... I miss those days.

yes you are right, Republicans got the house last November after 6 long years of democratic control. Nice try.

[itchypickle]

Republicans rather have corporate welfare than give tax breaks to the middle class like the Obama stimulus.

nice talking point but doing business is not cheap now and hidden fees like the tax stamp increases and overall hikes for notary fees (costs of doing business) coupled with the ridiculous repatriation of funds from global business...I could go on and on.

I'm coming at it from operations that make up 78% of the businesses.....you're right about 'corporate' welfare though...guess that's why GE's boss is Obama's guy who paid $0.00 in taxes on profits all the while encouraging the rest of us to spend spend spend what profits we have and just go broke in the mean time...and just last week GE announced they are opening up another shop overseas

[Dutch]

As I'm typing this the market is down about 3.4%. Not exactly a jump out the window number.

Many stocks, including a lot of blue chip stocks, are going to correct. Maybe not right away, but there is money to be made here. Look for companies that make a large profit during the christmas season, like Apple. Those stocks will snap back sooner than later.

[DwightShrute]

nice talking point but doing business is not cheap now and hidden fees like the tax stamp increases and overall hikes for notary fees (costs of doing business) coupled with the ridiculous repatriation of funds from global business...I could go on and on.

dont forget about a little 800 billion stimulus that was so important so that unemployment wouldn't go over 8%.

[itchypickle]

dont forget about a little 800 billion stimulus that was so important so that unemployment wouldn't go over 8%.

How's that one working out. Jobs numbers coming out tomorrow....let's see how the friday close looks afterward.