Update for Weekend of 10/26

Credit crunch has eased eh? Uh, not quite. Now the nexus isn't in the US - it's in Europe and Asia. Watch the Yen/$ cross in particular, and buckle up - this ride may be about to get REALLY rough. http://market-ticker.org

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[daozenrod]

The market went up about 900 points today, to climb over the magic 9000 mark.

Something is dead rotten in Denmark, no doubt.

[kdenninger]

Bear Market Rally. Seen many, will see more. Don't get caught short when they happen.

[ThndersRage]

Dems and Reps, same thing just a different flavor..

[mikemikemofo]

should we be stocking up on food and ammo now?

apocalyptic sounds pretty bad.

[KhmerD0g]

your are wrong at 8:24 because China will come out of this credit crisis on top as soon as they go through corrective phase because they are producer. the middle east countries will come out in great position because they have stuff. U.S. has nothing but consumers. 2-3rd of the GDP is consumers.

china, middle east, africa, south american and a few european countries will go one trading without the U.K. and especially the U.S.

[daozenrod]

Markets are a convenience, to make investing easier, safer and transparent. And so the powers that be decided to prey upon the investors--RATHER THAN DOING THEIR DAMN JOBS.

So, when corruption takes over, when the market fails to play by the "rules" --and it has--get your freakin money out of their dirty corrupt ass hands--and don't ever trust them again--ever.

Just do something else, anything profitable that doesn't involve their "paper."

[daozenrod]

Try cutting NYC and Chicago out of your life and figure out ways to keep money in your community rather than squandering the power of your money.

Alternative investments can take the form of creating your own. All the folks in NYC and Chicago do is package and repackage---and they just can't be trusted to do that little bit. So screw them.

Learn to think in terms of controlling a means of production and in terms of creating wealth--and leave all these crooks on their cross.

[newutubejunkie]

Karl, looking fwd to the next vid.

The tide turns to socialism. The bailouts will continue, the coffers continue to be robbed, those that get the bailouts will continue to squander taxpayer money. Karl, tell us individuals what WE can do to protect our savings individually at this point.

[batgirl791]

I heard of that. It wouldn't surprise me, they want to steal all of our wealth. when will people wake up?!

[huskie767]

3M Treasury rate down to .25%. The Fed is viciously 400% above neutral! Our Banks are freeking gasping for air and no one knows enough about Econ 101 to address it, including Econ 101 professors who know the least. Obama talks of massive super-colossal new spending programs while truckers can't get letters of credit against a truckload of hard goods to drive across a state. The Fed has drained our currency supply bone dry & Obama wants to put the head of the NY Fed in charge of the US Treasury!

[dsgspm]

what do you make of the last minute surge this firday ticker guy? also, what's your take on the outcome of the election vis-a-vis the market & the economy?

[SpeedingStudent]

New update please Karl! I love your updates man.

[U2ForNow]

Have you guys heard that there is talk on the hill about taking our 401K's and moving them into the Social Security? These people are nuts.