January 2009
January 31, 2009 –
According to today's NYTimes, rents are falling fast in NYC. Wages are falling even faster and layoffs accellerating around the nation. CA running out of money. January was the worst month in S&Ps history. Rioting all over Europe. Chinese workers becoming restless and migrating back to the farms because of lack of work. Japan in the worst recession since WWll. [more]
January 30, 2009 –
USA [more]
January 30, 2009 –
Ocala National Bank of Ocala, Fla, fails
Suburban Federal Savings Bank of Crofton, Md., fails
MagnetBank of Salt Lake City, Utah fails
3 Banks 3 States Two time zones......we still may have some Western notices before the night it out.
None of this is any fun.....no reason to fear if you prepare.
January 30, 2009 –
The world is finally beginning to wake up.... [more]
January 29, 2009 –
NEW YORK (MarketWatch) -- The government needs to prop up other sectors of the credit markets such as commercial mortgage-backed securities and municipal debt, said Bill Gross, chief investment officer of bond giant Pacific Investment Management Co., on Thursday. [more]
January 29, 2009 –
I have just been retained to defend the Gold Bears. It has been made clear that on CAPs, there are not too many defending the sell side of the Gold equation. There are fairys, and chimps and others pounding their chest how Gold is the place to be.....and it quite well may be, but according to Alstrynomic evaluation, Gold is for Fools. [more]
January 28, 2009 –
You read Alstrynomics blogging about companies laying off more than 10% of their total workforce, you read my blogging about paycuts.....now how about both at the same time at the same company...... [more]
January 28, 2009 –
As many of you know, my blogs have been focusing on unemployment lately and providing factual documentation of the ever increasing rounds of layoffs. It ain't fun, but Fools must be prepared for the consequences....... [more]
January 28, 2009 –
IBM has had two rounds of layoffs within the past two weeks, a company spokesman said. [more]
January 27, 2009 –
LOS ANGELES, California (CNN) -- A man apparently despondent about losing his job killed his wife and five children before turning the gun on himself, officials said Tuesday. [more]
January 27, 2009 –
For a number of us "negative" players on CAPS, we have been scoring by shorting a variety of symbols. Since CAPs is a relative game, it underscores short performance compared to real life. [more]
January 27, 2009 –
Motley Fool starting a new fund to ourperform the market? By a group of English Majors? [more]
January 26, 2009 –
While the US Government was bailing out bankers ..... [more]
January 26, 2009 –
On one of FloridaBuilder's multiple identity blogs Sinchi makes the following comment clearly referring to me: [more]
January 26, 2009 –
Headline from recent AP article hours after it was posted on CAPs.... [more]
January 26, 2009 –
Is that what the mainstream press thinks we are with headlines like the following: [more]
January 26, 2009 –
Reports: Iceland government resigns [more]
January 25, 2009 –
[more]
January 25, 2009 –
IBM has been quietly laying off workers in its North American offices since Wednesday, according to numerous reports online. [more]
January 25, 2009 –
Alstrynomics will have to break trend again.....what else is new......it is not easy being a shepard amongst a flock of sheep in a woolen sweater factory. [more]
January 24, 2009 –
Over a year ago.....Alstrynomics was warning you about the pending explosion in unemployment. [more]
January 23, 2009 –
Hopefully you have prepared...... [more]
January 23, 2009 –
Yesterday: [more]
January 22, 2009 –
Capital One(from CRisk): [more]
January 22, 2009 –
MICROSOFT
'We are not immune' Software giant orders cuts of up to 5,000 jobs, including 1,400 at once, as CEO Steve Ballmer concedes weakness in the face of macroeconomic turmoil.
Prepare or beware....... [more]
January 22, 2009 –
Pay freezes spread during brutal recession [more]
January 21, 2009 –
HONG KONG (MarketWatch) -- Japanese exports fell by a larger-than-expected 35% in December, the biggest fall on record, stoking concerns that firms could accelerate layoffs and idle production as the global recession deepens. [more]
January 21, 2009 –
I guess this is what the Gold nuts call inflation?????? [more]
January 21, 2009 –
Despite the nonsense you hear on CNBS and on these message boards....here are some FACTS: [more]
January 21, 2009 –
WHOOOOOPS......wrong currency:) [more]
January 20, 2009 –
Jan. 20 (Bloomberg) -- The Dow Jones Industrial Average fell 14 percent between Barack Obama’s election and Inauguration Day, the biggest decline ever. The second-biggest drop gave way to a 75 percent rally in 1933. [more]
January 20, 2009 –
Company after company is laying off 10% of its workforce....... [more]
January 20, 2009 –
Now get ready for the Chemo!!!!! [more]
January 20, 2009 –
“I’ve found that credit losses could peak at a level of $3.6 trillion for U.S. institutions, half of them by banks and broker dealers,” Roubini said at a conference in Dubai today. “If that’s true, it means the U.S. banking system is effectively insolvent because it starts with a capital of $1.4 trillion. This is a systemic banking crisis.” [more]
January 20, 2009 –
Will a comprehensive analysis of the facts provide a 100 rating for the cumpulsive practicioner of Alstrynomics???? [more]
January 19, 2009 –
We are ALL in this together!!!!!!! [more]
January 19, 2009 –
Poor Poor FloridaBuilder1 & 2....Alstrynomics warned him this day would come. [more]
January 19, 2009 –
We are just coming off a President from a party that was supposed to be fiscally conservative and pissed away more money in his term and increased the deficit by more than all previous administrations combined. [more]
January 19, 2009 –
Company after company has announced that they are cutting workers. Many of you know I have documented hundreds of these announcements. It seems practically every company in America is cutting more or less about 10% of its workforce....some major business are shutting down completely and letting everyone go.....such as Circuit City on Friday...... [more]
January 18, 2009 –
COLUMBUS -- The state has asked workers in its largest labor union to accept a 5 percent across-the-board pay cut, a shorter work week and unpaid holidays to help balance the state's troubled budget, according to a document obtained by The Plain Dealer. [more]
January 18, 2009 –
NEW YORK (MarketWatch) -- In a "Dear Passengers" note posted on its Web site, Lithuania's flyLAL Lithuanian Airlines apologized for the inconvenience as it ceased operations on Saturday, while recommending its customers turn to other airlines to travel.The airline also said more than 29,400 passengers would have to change their travel plans because of its move. [more]
January 17, 2009 –
From the WSJ: [more]
January 16, 2009 –
California can't afford to pay it citizens the tax dollars it owes them. [more]
January 16, 2009 –
[more]
January 15, 2009 –
NEW YORK (MarketWatch) -- Deflation has probably hit the U.S., the December consumer price index is expected to show Friday, and one gauge widely watched by the bond market indicates it may stick around for years to come. [more]
January 15, 2009 –
To be a successful trader....you must develop the right skill set. Mental Control has to be right up there with understanding the fundementals and technicals. If you can filter out the noise from the substance......you are halfway to the finish line. [more]
January 15, 2009 –
WASHINGTON (MarketWatch) -- Inflation at the wholesale level fell in December for the fifth consecutive month, the Labor Department said Thursday. [more]
January 15, 2009 –
A lot of crashing going on!!!!!!!!!!!!!!!!!!!!!!!1 [more]
January 14, 2009 –
Jan. 14 (Bloomberg) -- Gannett Co., the largest U.S. newspaper publisher, said it will make most of its U.S. employees, including Chief Executive Officer Craig Dubow, take one week of unpaid leave this quarter to help save money. [more]
January 14, 2009 –
TORONTO (Reuters) - Nortel Networks Corp, North America's biggest telephone equipment maker, filed for bankruptcy on Wednesday, hoping to save a once high-flying business whose decade-long decline has accelerated with the global economic crisis. [more]
January 14, 2009 –
GOTT] Gottschalks to reorganize under Chapter 11 [more]
January 13, 2009 –
From the HousingBubbleBlog: [more]
January 13, 2009 –
Alstrynomics warned you many months ago that businesses would come to a grinding halt. Now corporations declaring bankruptcy and shutting down. Major private construction projects on the Vegas strip standing dormant like prehistoric skeletons at a history museum. Now Calculated Risk reports public projects abruptly cancelled..... [more]
January 13, 2009 –
Pfizer plans to lay off up to 800 researchers and expects to cut 5% to 8% of its researchers in 2009.
Cutting R&D is not a good sign!!!!
Prepare.....Don't Fear
Gold $300 an Ounce???
Oil $20 per Barrel???
Homes going DOWN another 50%???
Functional Unemployment 30%???
January 12, 2009 –
Let's put this to rest right here and now. [more]
January 12, 2009 –
From CalculatedRisk: [more]
January 10, 2009 –
It gave you over a years notice to get your house in order. [more]
January 09, 2009 –
Alstrynomics has given you the heads up for a few years. [more]
January 09, 2009 –
We are now at over 7% REPORTED unemployment [more]
January 08, 2009 –
But Madoff’s scheme has a host of culpable look-alikes and one has only to begin with the mortgage market to understand the similarities. Option ARMs or Pick-A-Pay home loans allowed homeowners to make monthly payments that were so small they did not even cover their interest charges. Two million mortgagees either chose or were sold this Ponzi/Madoff form of skullduggery, believing that home prices never go down and that shoppers never drop. One can add to this the trillions in home equity/second mortgage loans that extracted “savings” in order to promote current instead of future consumption, and one begins to realize that Bernie Madoff and our cartoon’s Wimpy had company all these years. [more]
January 08, 2009 –
Get Ready for Annual Pay Cuts!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! [more]
January 08, 2009 –
America owes China about $1 Trillion dollars. [more]
January 08, 2009 –
WAG] Walgreens to cut about 1,000 managers, 9% of total [more]
January 07, 2009 –
It is clear that you are not part of the Dare multiple identity crew....... [more]
January 07, 2009 –
Retailers, having just struggled through one of the worst holiday shopping seasons in recent memory, are now trying to share the pain with their landlords. [more]
January 06, 2009 –
A little less than a year ago, I started blogging on CAPs warning that our Ecomomy was going to be facing a Tsunami with a force not seen in at least two generations. Back then I was chastised as being a doom and gloomer, or an extremist. The flip flopping bi polar manic depressive psychotic blogger fka FloridaBuilder was at top of the list....now curled up in the fetal position sucking his thumb hiding in a corner somewhere behind his identity de jour. [more]
January 05, 2009 –
As fewer and fewer people are able to afford insurance, and insurance comapnies suffer material investment losses....expect dramatic contraction with insurance companies......... [more]
January 05, 2009 –
Remember, Alstrynomics is the pratical application of Economics and Political Science with a fact based approach. [more]
January 03, 2009 –
Again....I am not predicting the end of the world. As a matter of fact.....just the opposite......the beginning of something very new.....something very exciting,,,,,,something global. [more]
January 03, 2009 –
KIEV, Ukraine -- A top Ukrainian official warned Saturday that European customers could see serious natural gas disruptions in about two weeks if the energy dispute between Russia and Ukraine is not resolved, and the Russian gas monopoly Gazprom accused Ukraine of boycotting contract negotiations. [more]
January 02, 2009 –
Right now, reported unemployment is approaching 7%.......some say the real rate is closer to 12-15%. [more]
January 02, 2009 –
Alstry has become a trader since starting CAPs. I owe a significant gratitude to a blogger formally known as FloridaBuilder who provided great trading perspectives in his blog. In honing my trading skills, I have taken bits here and there from my formal training as an attorney and my life experiences. What I think has served me best is an ability to read people...much of that has come from a variety areas....including playing poker. When one plays poker, he doesn't play his own cards, but rather the cards of his opponent by reading your opponent through his various observable characteristics. [more]
January 01, 2009 –
From the WSJ: [more]
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