The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label investors. Show all posts
Showing posts with label investors. Show all posts

Monday, April 29, 2013

Growing student loan defaults forces Sallie Mae to retract selling bonds

On April 29, Sallie Mae, the nation's largest student loan organization, was forced to pull back a bond offering of $225 million as investors refused interest in the lender due to the growing number of defaults taking place across the country.



Student-loan company Sallie Mae SLM -1.35% canceled a $225 million bond offering on Thursday after about two weeks on the market, according to people familiar with the deal. The move may mark a line in the sand: Investors whose thirst for yield has revived all manner of riskier asset classes decided they weren't getting paid enough to buy at the offered price amid rising student-loan defaults.

In the case of the canceled Sallie Mae offering, rising defaults could have crimped the cash flow of the federally backed loans supporting the new securities, because more defaults would mean less excess, or residual, income after holders of the original loans were paid. - Wall Street Journal

Even as central banks in Europe and the U.S. are willing to buy toxic assets like mortgage backed securities, which carry a risk threashold well above that of student loans, it appears the rubicon has been crossed by investors who no longer want to be fooled by the bubbles free money printing and quantitative easing provide, in an economy that is declining.

Wednesday, April 3, 2013

Bank run searces on Google reach all time high after Cyprus account thefts

On April 3, google searches for the term bank run reached an all-time high, even surpassing the 2007 Lehman crisis, and the ongoing Greek and Spanish bank crises.

Courtesy of Google

Additionally, many top investors and economic analysts are saying that what took place in Cyprus is not just a one time event, but a blueprint for economies in the rest of Europe, as well as the United States.

There is an old adage that says, if you want to invest well, do what the rich do.  For anyone who had been front running the Cyprus banking haircuts, they would have realized that not only did 135 wealthy Cyprians move their money out of Cyprus banks before the bank holiday, but some of these elite included the President, and Finance Ministers who went on to agree to the theft of uninsured accounts.

Wednesday, December 5, 2012

The top 10 states not to invest money in

Back in November, Forbes magazine did a study of the top 10 (11) states which investors should not invest money, or build a new business in, and that have welfare rolls so vast, they have more takers than earners to provide for the system.

Below is the list in order of best of the worst, to cash out now.



Number 11 - Ohio Taker ratio: 1.00The battleground state has a fiscal standoff between takers (people collecting welfare, a government salary or a government pension) and makers (private sector employees).

Number 10 - Hawaii Taker ratio: 1.02Dark clouds over Waikiki Beach: Hawaii has slightly more takers than makers.

Number 9 - Illinois Taker ratio: 1.03Dubious ex-gov Rod Blagojevich personifies what's wrong with this state: Too many goodies promised to insiders. Unfunded pensions contribute to the balance of 103 takers to every 100 makers.

Number 8 - Kentucky Taker ratio:1.05Twilight in Lexington. People drawing from government slightly outnumber people chipping in with private-sector jobs.

Number 7 - South Carolina Taker ratio:1.06Riptides on Folly Beach.

Number 6 - New York Taker ratio: 1.07Blackout in the Flatiron district after the hurricane. Manhattan still has a vibrant financial sector. Manufacturing there is extinguished. Causes: taxes, unions, regulations and cheap apparel workers abroad.

Number 5 - Maine Taker ratio: 1.07

Casco Bay, Portland. This is a state with a beautiful coastline and a ratio of 107 drawers from the public fisc to every 100 contributors.

Number 4 - Alabama Taker ratio: 1.10

Cityscape seen from the Vulcan statue in Birmingham.

Number 3 - California Taker ratio: 1.39

California is generous to a fault, at least to state employees and the needy. To private sector employees, who are outnumbered, it is not so hospitable.

Number 2 - Mississippi Taker ratio: 1.49

Flooding near Tunica in May 2011. The state ranks second to worst on the list of states burdened by a high ratio of takers (welfare recipients and state employees) to makers (private sector workers).

And The Worst State to live in or lend to is...

Number 1 - New Mexico Taker ratio: 1.53

Wildfire near the Los Alamos Laboratory in June 2011. In our taker/maker ratio, federal employees are excluded from the taker count since their cost is not borne locally. That doesn't save this state from having the worst ratio in the nation.

Wednesday, December 7, 2011

Investors taking money out of the markets despite recent market gains

Last week, the stock markets rallied for more than 700 points worth of gains after the Thanksgiving holiday, and Federal Reserve intervention in Europe.  However, when you look closer, you will see that the majority of trades were done by insiders, and algorithmic computers. A new report out today shows that more Americans and retail investors actually pulled their money out of the markets, at a pace that was greater than anytime before the S&P Downgrade of the US.

As if we needed another confirmation that the sad joke of a market has now succeeded in driving virtually everyone out courtesy of precisely the kind of bullshit we saw in the last 30 minutes of trading today, here comes ICI with the latest weekly fund flow data. It will not surprise anyone that in the week in which the S&P rose by a whopping 8 points on absolutely nothing but more lies, rumors and innuendo, US retail investors pulled a whopping $6.7 billion from domestic equity funds: the most since the week after US downgrade when a near record $23 billion was withdrawn. Only unlike then when the market bombed, this time it simply kept rising, and rising, and rising. - Zerohedge

Picture courtesy of Zerohedge

As I recently stated on the Angel Clark radio show last weekend, retail investors are NOT buying into the stock markets, and all that is left are insider brokerages using FED and PPT money to prop a dying horse.

Friday, September 23, 2011

Caption Contest - September 23rd

In lieu of yesterdays nearly 400 point drop on the dow, we felt it applicable to bring back that wonderful 'hope and change' construct known as the Titanic to demonstrate the difference between Wall Street analysts, investors, and those who actually see reality.

Give us your best caption.  The picture is courtesy of partyusa.com

Tuesday, September 13, 2011

The clothes have no markets

Watch and learn the truth of the stock markets my brothers and sisters, for the last two days of trading have proven one thing...

The desperation to hold the line is thick with fear.

On Monday, the markets were looking to close in the red when SUDDENLY, a rumor (that was later deemed false), said that China was coming to save the day and bail out Greece (Euro).

Well, it is the final hour of trading today, and LO AND BEHOLD, a rumor begins that Russia and Brazil are joining in to help save Europe.

Funny, because this rumor came almost immediately after a Brazillian Finance Minister said this:
"Euro is less important in Brazil international reserves", and "Brazil seeks reserve currencies with solid fiscal positions",
oops.... well, it appears once again that trying to sell investors on fundamentals is worthless, and they are left with dropping rumors to save a market ready to head to the downside.