News on Greece should be out by Monday....I wouldn't worry about it, in the last 6 years has there ever been a time where a bailout or stimulus hasn't been used in this very similar situation to bailout a failing country ...this has been the same process so come Monday news out of Greece will be perfect, that will send futures to new highs come Tuesday morning. Everyone can put Greece aside because its only going to be a positive outcome. Will be back here to show you Monday that there is no such thing as failure in this world. That there is no such thing as free markets and that everyone gets free bailouts and plenty of stimulus to make the world go round and round...
Greece is confident .... No worries as usual... Again no such thing as free markets... ATHENS: Greece's finance minister said Sunday he was confident a deal with the EU over the country's loathed bailout could be found while warning the February 28 deadline may be too tight."Our strong stance, based on logic, will lead to an agreement, even at five minutes past the hour," Yanis Varoufakis said in an interview with the Sunday Kathimerini newspaper.Athens was steeling itself for a meeting of eurozone finance ministers in Brussels Monday, a high-stakes gamble that could see Greece forced out of the eurozone if a deal is not found by the end of the month.- See more at: http://www.dailystar.com.lb/News/Wo...-deadline-too-tight.ashx#sthash.bgtsdCi8.dpuf
So tell me what is the underlying data for “US Macro Data Performance”. Why does the chart comparison only start in Apr 2014?
http://www.cnbc.com/id/102424071 Eviller says the cyclically adjusted price earnings ratio is definitely high by historical standards .... This probably means S$P to 2200 by March.
The rallies of thousands of people are starting all over Europe.....more free bailouts for everyone......just like here in the US and the rest of the world....a world built on bailouts....Sit back and watch another bailout take place ....markets should rally easily 2% around the world. Athens (AFP) - Tens of thousands of people joined rallies in Greece on Sunday ahead of talks in Brussels on the new leftist government's bid to revise its massive bailout. Supporters also gathered in several European capitals on the eve of the meeting of eurozone finance ministers to join Greece in calling for a radical revision of the Europe's austerity policies.The rally outside the parliament in Athens drew some 20,000 people, police said, who cheered as a demonstrator swooped through the crowds wearing a large papier-mache yellow plane, with "Greece is taking off" written on its side."We want justice here and now... for all the suffering Greece has gone through the past five years," 58-year-old Theodora, who has been unemployed for the last three years, told AFP.A protester wearing a mask of German Finance Minister Wolfgang Schaeuble and wielding a large plastic needle with "austerity" daubed on it jousted with a fake Greek premier Alexis Tsipras armed with a huge pair of red scissors. http://news.yahoo.com/least-15-000-rally-athens-ahead-bailout-talks-171216918.html
Why am I not believing this poll.... Two polls this week showed that over three-quarters of Greeks support Prime Minister Alexis Tsipras's hardline stance for a wholesale cancellation of Greece's bailout programme, which has alarmed Europe and left Athens dangerously close to bankruptcy.An opinion poll this week showed 79 percent of Greeks backed Tsipras's policies and 74 percent believed his negotiating strategy will succeed, even though Greece has so far found not a single ally among 19 euro zone nations.The mood is in stark contrast to 2012 when panic over a potential Greek euro zone exit prompted Greeks to vote in a pro-bailout government despite popular discontent with the programme. Two and a half years later, the public mood has shifted from anger to the point where many Greeks feel they have nothing more to lose. Austerity imposed as a condition of the 240-billion-euro EU/IMF bailout has pushed joblessness over 25 percent and cut incomes by over a third. http://finance.yahoo.com/news/greeks-brim-pride-country-totters-082056002.html
And only hours away from another historical bailout.....Greece is already confident ....see how easy these bailouts have become!!!! Seems the more bailouts the world markets encounter the higher the markets go. ATHENS (Reuters) - Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact.A day before a euro zone finance ministers' meeting in Brussels to shore up Greece's dwindling finances and help keep it in the euro zone, Prime Minister Alexis Tsipras told Germany's Stern magazine that Athens needed time to implement its reforms and shake off the mismanagement of the past."I expect difficult negotiations; nevertheless I am full of confidence," he said. "I promise you: Greece will then, in six months' time, be a completely different country."The Eurogroup of finance ministers meets in Brussels on Monday to try to find common ground with Tsipras' new government, elected on a pledge to scrap the austerity strictures of Greece's international bailouts, on issues such as debt management, financing, privatization and labor reform.If the meeting produces no results, there is a concern that Greece will be headed for a credit crunch that would force it out of the euro zone. Progress, however, could mean further negotiations, perhaps later in the week. http://mobile.reuters.com/article/idUSKBN0LJ0SH20150215?irpc=932
Futures will rise by double the amount to make up for Mondays holiday. So figure an easy open of at least 0.5% by Tuesday morning. And maybe even a +100 on the dow by Tuesday afternoon. This is a massive rally that will be impossible to derail no matter what. Nothing can stop this 20 + year future bull market that's only 6 years old....remember that book Dow 100,000, how about Dow 116,200....well its coming according to this may 2013 marketwatch.com article....116,200 by 2045 ...30 years. That is absolutely the most risk free money making Dow prediction that I have read yet....why even go to work when you can take a home equity line against your house and take a cash advance on your credit cards and use all the margin possible and get a guaranteed return on your money....you can retire 27 years early and kick back and not have to worry about money ever again. Buy now, 116,200 is coming ... http://www.marketwatch.com/story/dow-15000-try-116200-2013-05-09
No worries Japan GDP worse than expected only means more QE is coming. Japan Q4 annualized GDP +2.2%, worse than expected CNBC.com | February 15, 2015 | 06:51 PM ESTJapan's economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in mch weaker than expected.Gross domestic product grew an annualized 2.2 percent, missing a Reuters poll expecting a 3.7 percent gain.Japan's economy slipped into technical recession in the third quarter after shrinking 1.9 percent and following a revised 7.1 percent contraction in the second quarter. The economy got clobbered when consumers stopped spending following a rise in the nation-wide consumption tax that took effect in April, forcing the government to postpone a second sales tax initially due for October.The Bank of Japan (BOJ) surprised markets in October by expanding its massive quantitative easing program, swelling Japan's monetary base by around 80 trillion yen ($682 billion) each year, up from 60-70 trillion yen previously.The BOJ is due to meet on Tuesday for a two-day meeting on monetary policy.