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Earnings Season, GDP, USD, Credit - Market Notes

Market Notes on earnings season starting off with Alcoa today. Wall Street figures are fantasy analysis of reality. Data points don't provide enough information. I zoom in on Alcoa with a long...  
 
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1mealperday (2 months ago) Show Hide
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perfect storm. We are all too far from our roots and our hearts.
Many of us see whats coming to some degree and some are prepared for the knowable

It is the unknown consequences i fear. Then there are the masses, yet unaware of what we know. So few are ready!
Thank you for presenting this video.
lcbaudar (2 months ago) Show Hide
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Thanks
jekyllisland7 (2 months ago) Show Hide
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thanks, Warren!
fishingthewatershed (2 months ago) Show Hide
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One of the best technical analysis channels on the web. Keep up the good work Warren.
Eraser7622 (2 months ago) Show Hide
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Thanks for the reply. Yes, the GDP number is such a joke that it can't even be taken seriously any longer. As you're certainly aware, it now takes into account non-productive financial derivatives and the like into the nations production! Anybody who knows how big (and near death) the derivatives are, which are helping to artificially and temporarily prop up an already failed system, knows how ludicrous this is.

Anyway, keep up the great work and thank you for your service to us all. Best.
fox20012 (2 months ago) Show Hide
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Nice video, always enjoy your Vlog

I've got two point to make for the inflationary side

1. They can't raise interest rates, because then the interest repayment on the national debt would far exceed tax revenue. ??

2. Plus a lower dollar is extremely inflationary because everything is imported into the US from abroad, thus a weaker dollar means higher costs at wall mart ???

So what do you think OP wrong or right? Thanks
wepollock (2 months ago) Show Hide
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Count 1 Correct
Count 2 Correct

Lets say the dollars weaken past 76 to 72.. We see dow 11,000 or 12,000 gas at $4.20 and things stop again....

We are smack in the middle of this no win crisis....
wepollock (2 months ago) Show Hide
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As if to prove the point, the Congressional Business Office has announced that for the fiscal year ending on September 30, 2009, the budget deficit was $1.4 trillion, more than tripling the record 2008 deficit of $459 billion. There is absolutely no reason to believe that any steps will be taken to prevent the deficit from doubling or tripling again next year.
SamuraiCommando (2 months ago) Show Hide
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"Drill baby Drill" should have been taken more seriously... Thats why if you really want to take the future in your own hands get off the grid! And everyone wonders why GWB had us in IRAQ....It aint for WMDs thats for sure. OIL is the lifeblood. Dollar tanks we will all be dropping. I may have to buy some stocks in Schwinn and start a bike repair shop. Everyone needs to start learning to ride a motorcycle. It will be like Malaysia here, 3 per bike and a cart full of goods in a basket.
wepollock (2 months ago) Show Hide
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As everyone is mentioning. The US Govt and the FED don't do anything until the crisis is rolling over us, and then they do the wrong thing. The Abyss it may be.

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