The economy, is it good or bad. (Page 79/181)
Phranc NOV 01, 06:41 PM
360 points = less then 3%

Not that big. It was also a light trading day. Meaning a relative few people took money out.
You do need a degree in economics or at least a remedial refresher course.

But thanks for hoping I "take it up the ass". Your a bitter fool. I hope if I have to take it up the ass you wind up a broke homeless bum and your woman leaves you for some one competent and employed. And the majority of Americans haven't been getting the shaft.

To bad you haven't been right all along.
84fiero123 NOV 01, 07:05 PM
See that’s the problem with you and others I have been right all along. The economy has been going down hill all this time, slowly but surely.

The US dollar against the Canadian is now worth less.

Rising bankruptcies still.

The feds have tried to prop it up by dropping the interest rate and all they have succeeded in doing is devaluing the dollar.

Funny thing is, you are not the majority of Americans, you are the minority. Most Americans still are working for someone else. They don’t own their own business.

You and others have all said so many derogatory things against me I just thought I should return the favor.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

aceman NOV 01, 07:33 PM
You ignored the article posted:

http://biz.yahoo.com/ap/071031/economy.html

The economy is up!

The economy is more than Wall Street and more than the housing market and ultimately, it's more than the "little guy's" bank account.
Phranc NOV 01, 07:41 PM

quote
Originally posted by aceman:

You ignored the article posted:

http://biz.yahoo.com/ap/071031/economy.html

The economy is up!

The economy is more than Wall Street and more than the housing market and ultimately, it's more than the "little guy's" bank account.



But he's been right the whole time when he says its down down down!!!!!!
84fiero123 NOV 01, 08:32 PM
Gee that was yesterday ace. But then you do look for what ever make your argument even if they are late and wrong.


quote
Originally posted by aceman:
You ignored the article posted:
http://biz.yahoo.com/ap/071031/economy.html
The economy is up!
The economy is more than Wall Street and more than the housing market and ultimately, it's more than the "little guy's" bank account.



Ya that’s why the dollar is at an all-time low to all other currency.

Spending Growth Slowed in September



Thursday November 1, 5:49 PM EDT

WASHINGTON (AP) — The growth in consumer spending slowed to a crawl in September as shoppers, worried about a deepening housing downturn, stayed away from the malls.
A different gauge of manufacturing activity slipped close to recession levels last month.
The latest economic data is likely signaling that a sharp slowdown is under way over the next two quarters as the housing slump, this summer's severe credit crunch and now rising energy prices take a toll on economic growth, analysts said.
The Commerce Department reported Thursday that consumer spending rose by 0.3 percent in September, the smallest rise in three months and lower than the 0.4 percent increase analysts expected. The 0.4 percent gain in incomes was in line with expectations.

http://money.excite.com/jsp...ews_id=ap-d8sl4kh80&

Ace think what ever you want the economy is going down, slowly but surely. every time the fed drops the interest rate wall street looks up and then drops.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

84Bill NOV 01, 08:47 PM
Theres no place like home.. click click... theres no place like home.. click click... theres no place like home.. click click...
aceman NOV 01, 08:47 PM
Is the devaluation of the dollar always that bad, Steve? Tell me your views from your education in economics. Maybe you could tell me your views from your extensive investment background. Or, maybe you can tell me that from your background as a businessman.

Oh! You don't have ANY of that! So, tell me why I should take stock in your words? Ya know , I'm not too smart in talking economics, but I can at least swim in the deep end because I do have some investments, I've owned successful small businesses and I do have a few classes in basic, micro and macro economics. I may disagree with Toddster on many issues, but I don't discredit the man for his input on economics. He has stated he has a Bachelors in economics. He hasn't stated anything whacked in this area, so I tend to believe that.

How far has Wall Street fallen since you posted your first post that was disguised as you trying to get educated in economics. Remember that first post? Then you got all pissed because everyone said you were completely off-base in your views.

Do you skim over the word GAIN in any article you post?
84fiero123 NOV 01, 08:56 PM
Funny how over the last year over 75% of all you posts on here are in threads to antagonize, intimidate, demoralize and just plain make fun of me.

You say what you want.

Lets see the dollar is down that means what we buy costs us more, or am I wrong?

You like picking on people ace, go pick on one of your enlisted men. Them you can get away with it.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

84Bill NOV 01, 09:03 PM
Australia ASX 100 -98.10 -1.80% 5,415.20 11/2 12:42pm
Australia ASX All Ords -118.50 -1.75% 6,735.10 11/2 12:42pm
Australia ASX Mid-cap 50 -130.30 -1.91% 6,773.00 11/2 12:42pm
Hong Kong Hang Seng +140.30 +0.45% 31,492.88 11/1 5:59pm
Hong Kong HSCC Red Chip +39.09 +0.56% 7,000.88 11/1 4:25pm
Japan Nikkei 225 -334.42 -1.98% 16,535.98 11/2 11:00am
Europe
Index Change %Change Level Last Update *
Belgium Bel 20 -80.53 -1.81% 4,361.29 11/1 6:07pm
Europe DJ Stoxx -69.34 -1.78% 3,815.78 11/1 7:00pm
Europe Euronext 100 -17.26 -1.65% 1,027.41 11/1 6:08pm
Europe Euronext 150 -19.81 -1.03% 1,902.82 11/1 6:08pm
France CAC -117.03 -2.00% 5,730.92 11/1 6:10pm
France SBF 80 -106.94 -1.54% 6,848.17 11/1 6:12pm
France SBF 120 -82.45 -1.94% 4,176.80 11/1 6:12pm
Germany DAX -138.37 -1.73% 7,880.85 11/1 6:31pm
Germany MDAX -162.16 -1.52% 10,477.85 11/1 6:31pm
Germany TECDAX +0.60 +0.06% 1,017.27 11/1 6:31pm
Netherlands AEX -6.93 -1.26% 540.92 11/1 6:07pm
Norway BRIX +7.07 +0.18% 3,841.43 11/1 3:56pm
Norway OSE Industry +2.65 +0.16% 491.02 11/1 4:28pm
Sweden OMX -14.71 -1.24% 1,168.49 11/1 5:42pm
Sweden OMSX All Share +4.41 +1.16% 384.15 10/31 12:00am
UK FTSE 100 -135.50 -2.02% 6,586.10 11/1 4:35pm
UK FTSE All Shares -64.74 -1.87% 3,389.38 11/1 4:36pm
UK FTSE Eurotop -56.49 -1.69% 3,279.39 11/1 4:45pm
UK FTSE Techmark -12.73 -0.72% 1,753.24 11/1 4:36pm
Americas
Index Change %Change Level Last Update *
Canada TSE 300 -252.46 -1.73% 14,372.54 11/1 5:05pm
Canada CDNX -3.94 -0.13% 3,131.68 11/1 5:05pm
Canada S&P/TSX 60 -16.36 -1.93% 832.46 11/1 5:05pm
Phranc NOV 01, 09:24 PM

quote
Originally posted by 84fiero123:

Funny how over the last year over 75% of all you posts on here are in threads to antagonize, intimidate, demoralize and just plain make fun of me.

You say what you want.

Lets see the dollar is down that means what we buy costs us more, or am I wrong?

You like picking on people ace, go pick on one of your enlisted men. Them you can get away with it.




That doesn't answer how far the stock market has fallen since your first post.


And spending growth typicaly slows around sep-oct. Do you know why?

[This message has been edited by Phranc (edited 11-01-2007).]