OT: thanks Obama - one year - 73 percent
da pickle nospam
President Barack Obama. Equities have had a volatile 2010 so far, but
globally they remain around 73 percent higher than the low ebb of the
financial crisis exactly 12 months ago today following George Bush’s
eight years of failure.
MSCI's all-country world stock index (^MIWD00000PUS - News), a broad
measure of global equities, hit a low on March 9, 2009. The index then
rose around 80 percent before hitting a high on January 11, this year.
On Tuesday, the index was down 0.8 percent, for a year to date gain of
just 0.1 percent. But the index is up some 73 percent from its closing
low one year ago.
links:
idjut
Should the administrations policies be given credit for the positive
markets results globally as well as here in the U.S.?
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Mrs Iris Mike
> On Mar 9 2010 9:54 AM, da pickle nospam wrote:
>
>
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> > Equities are up 73 percent a year after crisis low thanks to US
> > President Barack Obama. Equities have had a volatile 2010 so far, but
> > globally they remain around 73 percent higher than the low ebb of the
> > financial crisis exactly 12 months ago today following George Bush s
> > eight years of failure.
>
> > MSCI's all-country world stock index (^MIWD00000PUS - News), a broad
> > measure of global equities, hit a low on March 9, 2009. The index then
> > rose around 80 percent before hitting a high on January 11, this year.
> > On Tuesday, the index was down 0.8 percent, for a year to date gain of
> > just 0.1 percent. But the index is up some 73 percent from its closing
> > low one year ago.
>
> > links:
>
>
> http://www.forbes.com/2010/03/06/march-bear-market-low-personal-finan...
>
> Should the administrations policies be given credit for the positive
> markets results globally as well as here in the U.S.?
>
> --------
>
> - Show quoted text -
Actually we can place the blame on much of the world's ills on Wall
Street. The previous administration deregulated and failed to enforce
regulation turning Wall Street into a giant casino. Default Swaps were
supposed to be a tool to allow risk to be spread across many financial
institutions, not unlike a bookie laying off part of his action to
other bookies. But in an unregulated market, the swaps were traded
without an underlying risk, in other words, the Swaps took on a life
of their own, with no one taking responsibility for the underlying
mortgages. Many European banks and elsewhere were heavily invested in
these financial instruments.
All the dominoes falling world-wide could be seen as coincidence of
great proportions, or we can look at it as a system failure.
BTW, I said a year ago the S&P500 would be at 2,700 before the end of
Mr Obama's Presidency, and I still stand by it. You snooze you lose,
you could invest in gold.
mo_charles
> >
> > http://www.forbes.com/2010/03/06/march-bear-market-low-personal-finan...
> >
> > Should the administrations policies be given credit for the positive
> > markets results globally as well as here in the U.S.?
>
> Street. The previous administration deregulated and failed to enforce
> regulation turning Wall Street into a giant casino. Default Swaps were
> supposed to be a tool to allow risk to be spread across many financial
> institutions, not unlike a bookie laying off part of his action to
> other bookies. But in an unregulated market, the swaps were traded
> without an underlying risk, in other words, the Swaps took on a life
> of their own, with no one taking responsibility for the underlying
> mortgages. Many European banks and elsewhere were heavily invested in
> these financial instruments.
>
> All the dominoes falling world-wide could be seen as coincidence of
> great proportions, or we can look at it as a system failure.
>
> BTW, I said a year ago the S&P500 would be at 2,700 before the end of
> Mr Obama's Presidency, and I still stand by it. You snooze you lose,
> you could invest in gold.
but what do you think of those damn homos, bea?
mo_charles
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Mrs Iris Mike
>
> - Show quoted text -
I try not to think of the 'mos, Mo. You seem to give them lots of
consideration. Whats that other guy's name? Number 6? Another twit who
can't find the shift key. He says I stick up for those disease
infested homos. I can't win on this one.
Here is my manifesto on gay men. Ready? If you're gay dude, OK (like
you would need my OK on the subject). I just wouldn't want my daughter
to marry one. Got it, good.
Now tell us, 'Mo; how many dicks have you sucked?
ToeHead
banks and wall street learned their lesson. Surely the American people and
congress believe that since no one wants to put regulations or laws in to
prevent this from happening again.
I'm glad we have such a mature and intelligent country that can learn from
their mistakes so quickly (heavy sarcasm).
So how long before the next big bust, and how deep will it go this time?
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risky biz
I say, what the hell, let's just throw that in, too.
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risky biz
I think it's great on falafel. What's your problem?
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Pepe Papon
wrote:
>The best thing is that we don't have to worry about another crash because
>banks and wall street learned their lesson. Surely the American people and
>congress believe that since no one wants to put regulations or laws in to
>prevent this from happening again.
>
>I'm glad we have such a mature and intelligent country that can learn from
>their mistakes so quickly (heavy sarcasm).
>
>So how long before the next big bust, and how deep will it go this time?
The American financial system has many leaks. Someone needs to
develop a Finance Leak Buster program.
--
~ Seth Jackson
MySpace URL - http://www.myspace.com/sethjacksonsong
Songwriting and Music Business Info: http://www.sethjackson.net