“Sweden, I don’t know where to look for China export orders.”

FWIW: I recall reading that China’s domestic demand for manufactured goods has been falling since November. I might have read this on CalculatedRisk.

This likely means that China is going to experience some issues with decoupling from exports to the US.

the Fed is basically increasing the revolving line of credit by 10b a month and lowering the interest each time around to boot. it will be interesting to see if Feb TAFs come in above 30b or if March is announced at 40b.

About lagging numbers. No, it doesn’t mean the market has to go up, though it can

Yes, it’s like last time. The market bottomed in late 2002 but jobs continued to deteriorate, especially without much later backward adjustments

Those numbers look close enough…

I encourage you to ask yourself the following question while looking at your image in the mirror:

Does a company deserve your highest Triple A rating whose stock price has declined 90%, has cut its dividend, is scrambling to raise capital, completed a partial financing at 14% interest (now trading at a 20% yield one week later), has incurred losses massively in excess of its promised zero-loss expectations wiping out more than half of book value, with Berkshire Hathaway as a new competitor, having lost access to its only liquidity facility, and having concealed material information from the marketplace?

Can this possibly make sense?

http://downgradetheinsurers.wordpress.com

http://www.federalreserve.gov/releases/h3/Current/

Jan. 31st FRB: H.3 swung to -8.1b non-borrowed reserves, and those are the adjusted figures. And the Jan. 30th TAF shows 50b? Any explanation for the discrepancy between the 50b and the press releases?

Have you noticed the decrease in orders in the US, GB and in China export orders?
Exportorders fall from 54,3 to 49,0.

China is the manufactor for the world and the orders are now falling?!?!

Next…
You say the numbers are lagging?
The market started to go up in 2004, last time we had a drop in job?
Doesent that mean the markets should go up?

From the report – “We are in a squeeze between supplier pressure to raise prices and customer pressure to reduce prices.” (Chemical Products)

From the Jan 15 PPI report:

Prices for:
Finished goods: -0.1%
Intermediate materials: -0.2%
Crude materials: +1.0%

Also note in today NFP report wages are +0.2%, i.e. below consumer inflation

We clearly have no inflationary pressure at the consumption level whatsoever. The prices will drift lower, this year inflation will be very low.

But this book “Intermarket Analysis: Profiting from Global Market Relationships”

http://www.amazon.com/Intermarket-Analysis-Profiting-Relationships-Trading/dp/0471023299/ref=sr_1_2?ie=UTF8&s=books&qid=1201880776&sr=1-2

is more than enough to start. You’ll finish reading it well before we reach the bottom

thanks

And it still was a drain…