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 standard and poor. Show all posts
Showing posts with label standard and poor. Show all posts

Monday, January 16, 2012

Greece: defaulting on the content of their character on MLK Day

Today, the head of Sovereign Ratings for Standard and Poor (S&P) came out and stated that a default of Greece in not only likely, but imminent.

  • KRAEMER: GREECE, CREDITORS `RUNNING OUT OF TIME' IN DEBT TALKS -BBG
  • KRAEMER: EURO LEADERS HAVEN'T TACKLED CORE UNDERLYING PROBLEMS -BBG
  • KRAEMER SAYS EUROPE MUST DEAL WITH IMBALANCES, COMPETITIVENESS -BBG
And the punchline:
  • KRAEMER SAYS HE BELIEVES GREECE WILL DEFAULT SHORTLY - RTRS -          Zerohedge

In reality, Greece defaulted last year when it failed to rollover debts that came due in the Euro Zone, but like most zombie banks and nation states, central banks in the West are able to keep the old men from dying long past the point they were little more than a stinking corpse.

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$6.7 billion from domestic equity funds: the most since the week after US downgrade when a near record $23 billion was withdrawn.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.

Tuesday, November 29, 2011

S&P; Downgrades 37 global banks including Bank of America

It makes you wonder where the ratings agencies were back in 2007 and 2008 when the global banking system was in just as much trouble with liquidity and debt, but it appears that they may have gotten 'religion', and are finally doing the jobs most ratings agencies won't do.

Standard and Poor (S&P) gave out their pre-Christmas gifts to 37 global banks, and it looks like they got the coal in the stocking they deserved.  Bank of America especially should quickly fall below $5.00 a share, perhaps as early as tomorrow.

Here is a list thanks to Zerohedge of the banks and their downgrades.










The rest of the data can be found here.