Cesarnc's market talk, gossips, rumours & fun

Dear Carlos,


Last week in this space, I told you about the dire consequences of the sequester, and I wrote:
"Precisely BECAUSE the warnings are falling on deaf ears, the real wolf is now prowling. And not only is she likely to strike on March 1, but she's also likely to continue striking for months to come."(See The REAL Fiscal Cliff.)
Today, March 2, that's precisely what has happened.
On Thursday, Congress virtually shut down as senators and congressmen went home.
Yesterday, the first spending cuts went into effect.
And in the weeks ahead, they will continue, digging more deeply into the economy.


Will Washington finally reach some sort of deal that makes the cuts less arbitrary and a bit more rational? Yes, probably.
But no matter what's agreed upon or when, there are four important lessons to take away from this episode.
Lesson #1. Austerity is here no matter what—just as Mike Larson warned his Safe Money subscribers last year.
No matter what finally comes out of Washington — agreements or no agreements, automatic cuts or targeted cuts, cuts to defense or cuts to entitlements, more taxes or reformed taxes — the result for the economy has one BIG PICTURE aspect in common:
The government is taking money out of the economy! And that, Carlos, means only one thing: Austerity — like it or not.
Lesson #2. Our government's a mess — not just financially, but also in terms of its ability to function.
To understand how grave this is, put yourself in the shoes of global investors in U.S. bonds. You say ...


http://www.moneyandmarkets.com/auste...t-or-not-51537

Good for you to finally resolve that mess..

After dropping 700 pips in February, this week's PA could set the Risk tone going forward in March for our beloved Euro..

EU+EG+EJ


Inter-market studies suggests pause & consolidation prior to M/T trend continuation or reversal..

Sustained US equities pressure on the 2007 highs & Gold above 1600 could give the whole Risk On structure a boost while any corrective weakness & Gold dropping below 1550 could add more fuel to the recent bearish momentum..

USDX & EURUSD converging @M/T crossroad again..

.........sorry typo here, 2984 not 2784, I wish it went that low, but no luck........

.......Yeah well like you say, glad got out of the way, give me more time to concentrate on the big picture here.......good anlisis cdn.......

.......Well I told myself this is a new life, no more speculation and just hit and run trades, will watch the market when it opens if is in the mood for shorts or longs and follow the money after that, good luck to all of you out there, I wish you the best.......

........

Chonchy,
this series of videos of the 'Terrorista' are very funny, pls explain the story behind them.
THanks
G.

the terrorista is the Harlem Shakes, a new wabe crosing the country just like the PYS from the korean guy with the panganm style dance, the people waiste time in here over anything you name it, now is this......instead of dancing in from of capital hill to fire all this bastards there that make the laws.......

http://www.huffingtonpost.com/2013/0...n_2801566.html

http://www.hulu.com/#!watch/462765

Those pardoned Friday by Obama:
_ Robert Leroy Bebee of Rockville, Md., sentenced to two years' probation for concealing a felony or concealing information about a felony.
_ James Anthony Bordinaro of Gloucester, Mass., sentenced to 12 months' imprisonment, three years supervised release and a $55,000 fine for conspiracy to restrain, suppress and eliminate competition in violation of the Sherman Act and conspiracy to submit false statements.

_ Kelli Elisabeth Collins of Harrison, Ark., sentenced to five years' probation for aiding and abetting a wire fraud.
_Edwin Hardy Futch Jr., of Pembroke, Ga., sentenced to five years' probation and $2,399.72 restitution for theft from an interstate shipment.
_Cindy Marie Griffith of Moyock, N.C., sentenced to two years' probation with 100 hours of community service for distribution of satellite cable television decryption devices.
_ Roy Eugene Grimes Sr. of Athens, Tenn., sentenced to 18 months' probation for falsely altering a U.S. postal money order, and passing, uttering and publishing a forged and altered money order with intent to defraud.
_ Jon Christopher Kozeliski of Decatur, Ill., sentenced to one year of probation with six months of home confinement and $10,000 fine for conspiracy to traffic counterfeit goods.
_ Jimmy Ray Mattison of Anderson, S.C., sentenced to three years' probation for conspiracy to transport and cause the transportation of altered securities in interstate commerce and transporting and causing the transportation of altered securities in interstate commerce.
_ An Na Peng of Honolulu, sentenced to two years' probation and $2,000 fine for conspiracy to defraud the Immigration and Naturalization Service.
_Michael John Petri of Montrose, S.D., sentenced to five years' imprisonment and three years' supervised release for conspiracy to possess with intent to distribute and distribution of a controlled substance (cocaine).
_ Karen Alicia Ragee of Decatur, Ill., sentenced to a year's probation, including six months of home confinement, and a $2,500 fine for conspiracy to traffic counterfeit items.
_ Jamari Salleh of Alexandria, Va., sentenced to four years' probation, fined $5,000 and ordered to pay $5,900 in restitution for filing false claims upon and against the United States.
_ Alfor Sharkey of Omaha, Neb., sentenced to three years' probation with 100 hours of community service and ordered to pay $2,750 in restitution for the unauthorized acquisition of food stamps.
_ Donald Barrie Simon Jr. of Chattanooga, Tenn., sentenced to two years in prison and three years of probation for aiding and abetting in the theft of an interstate shipment.
_ Lynn Marie Stanek of Tualatin, Ore., sentenced to six months in jail and five years' probation condition on not more than a year in residence at a community treatment center for unlawfully using a communication facility to distribute cocaine.
_ Larry Wayne Thornton of Forsyth, Ga., sentenced to four years of probation for possession of an unregistered firearm and possession of a firearm without a serial number.
_ Donna Kaye Wright of Friendship, Tenn., sentenced to 54 days in prison and three years' probation, condition on performance of six hours of community service per week, for embezzlement and misapplication of bank funds.

........Obama playing nintendo with hillary, lol.......let me go, let me shoot some body, no is my turn........

http://i.huffpost.com/gadgets/slides...?1345820789000

http://etfdailynews.com/2013/03/03/t...-russell-2000/

The recovery exists only in the official measure of real GDP, which is deflated by an understated measure of inflation, and in the U.3 measure of the unemployment rate, which is declining because it does not count discouraged job seekers who have given up looking for a job.

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Despite recovery’s absence and the lack of job opportunities for Americans, Republicans in Congress are sponsoring bills to enlarge the number of foreigners that corporations can bring in on work visashttp://images.intellitxt.com/ast/adTypes/icon1.png. The large corporations claim that they cannot find enough skilled Americans. This is one of the most transparent of the constant stream of lies that we are told.

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There was a time not that long ago when US corporations accepted that they had obligations to their employees, customers, suppliers, the communities in which they were located, and to their shareholders. Today they only acknowledge obligations to shareholders. Everyone else has been thrown to the wolves in order to maximize profits and, thereby, shareholders’ capital gains and executive bonuses


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By focusing on the bottom line at all costs, corporations are destroying the US consumer market. Offshoring jobs reduces labor costs and raises profits, but it also reduces domestic consumer income, thus reducing the domestic market for the corporation’s products. For awhile the reduction in consumer income can be filled by the expansion of consumer debt, but when consumers reach their debt limit sales cannot continue to rise. The consequence of jobs offshoring is the ruination of the domestic consumer market.


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To sum up, the corporations’ focus on the bottom line has disconnected US incomes from the production of the goods and services that the American people consume, thus weakening and ultimately destroying the domestic consumer market. The Fed’s focus on saving banks, which mindless deregulation allowed to become “too big to fail,” has created a bond market bubble of negative real interest rates and a dollar bubble in which the dollar’s exchange rate has not declined in keeping with the large increase in its supply. Both the corporations and the Fed have created a stock market bubble based on profits obtained from labor arbitrage (the substitution of cheaper foreign labor for US labor) and from banks speculating with the money that the Fed is providing to them

This situation is untenable. Sooner or later something will pop these bubbles, and the consequences will be horrendous.

was the picture off osama take or not?

........I don't know about that Ing, this is when obama hit libia not Osama, If you ask me, Osama is alive and well, no probe of course, just a hunch.......

http://www.joblo.com/movie-news/cmon...t-for-politics

hi guys, hope your all good

http://blog.kimblechartingsolutions....ls-in-history/ Lol let me tell the reason i guess because retail was short and has been margin called out thats why if i would do a wild guess hilarous

Waiting for 2920 to 2890 ranges to buy might be a strong zone for a halt then gonna see for 3157 reactions

Nice bro lets see


New ferrari

http://insider.thomsonreuters.com/li...MTRjOGEzYTE%3D

Yeah well germany france all fine but pigs need growth Will the ecb cut rates thats the question i dont think they will but who knows draghi is on all fronts.





New lambo

Nice wheels but where are the promo girls? That's why I come here.