Re: [FRIAM] Deafening silence re downgrade -

2011-08-11 Thread Sarbajit Roy
[mailto:friam-boun...@redfish.com] On Behalf Of Douglas Roberts Sent: Monday, August 08, 2011 8:00 PM To: The Friday Morning Applied Complexity Coffee Group Subject: Re: [FRIAM] Deafening silence re downgrade - Dow futures are already down 263. It's going to be ugly again tomorrow. On Mon, Aug 8

Re: [FRIAM] Deafening silence re downgrade -

2011-08-09 Thread Carl Tollander
So glad I already bought new tires. http://krugman.blogs.nytimes.com/ I seem to remember a bet of some kind with somebody on the list about the unemployment rate? On 8/8/11 10:14 PM, Marcus G. Daniels wrote: On 8/8/2011 9:33 PM, Owen Densmore wrote: So in sum, yes Doug is right, a flock of

Re: [FRIAM] Deafening silence re downgrade -

2011-08-09 Thread Douglas Roberts
Corporate America. Sent from Android. On Aug 8, 2011 10:15 PM, Marcus G. Daniels mar...@snoutfarm.com wrote: On 8/8/2011 9:33 PM, Owen Densmore wrote: So in sum, yes Doug is right, a flock of insane T party jerks tipped the boat too much and the world caught on that we are just not trust

Re: [FRIAM] Deafening silence re downgrade -

2011-08-09 Thread Douglas Roberts
Roberts Sent: Monday, August 08, 2011 8:00 PM To: The Friday Morning Applied Complexity Coffee Group Subject: Re: [FRIAM] Deafening silence re downgrade - Dow futures are already down 263. It's going to be ugly again tomorrow. On Mon, Aug 8, 2011 at 7:58 PM, Douglas Roberts d...@parrot-farm.net

Re: [FRIAM] Deafening silence re downgrade -

2011-08-09 Thread Owen Densmore
On Tue, Aug 9, 2011 at 3:34 PM, Douglas Roberts d...@parrot-farm.netwrote: The market is positively schitzophrenic. Hi volatility is considered a sign of onset of chaos. Keynes said it: markets can be at equilibrium at any level of productivity. Thus his spend to move demand upwards. Sounds

[FRIAM] Deafening silence re downgrade -

2011-08-08 Thread Victoria Hughes
Like many of us, I have been reading a wide range of opinions online about this, and had been looking forward to the discussion here. So what's the sense here? My nickel: despite the gloom and doom, the prophecies of the final demise of the middle class, the unbelievable behaviour by the

Re: [FRIAM] Deafening silence re downgrade -

2011-08-08 Thread Douglas Roberts
My nickel: we're fucked. Incompetents are running the country, because the system encourages incompetent ass-kissing, yes-men to rise to the top: we get what e voted for. Enjoy. --Doug On Mon, Aug 8, 2011 at 6:51 PM, Victoria Hughes victo...@toryhughes.comwrote: Like many of us, I have

Re: [FRIAM] Deafening silence re downgrade -

2011-08-08 Thread Douglas Roberts
My nickel: we're fucked. Incompetents are running the country, because the system encourages incompetent ass-kissing, yes-men to rise to the top: we get what e voted for. Enjoy. --Doug On Mon, Aug 8, 2011 at 6:51 PM, Victoria Hughes victo...@toryhughes.comwrote: Like many of us, I have

Re: [FRIAM] Deafening silence re downgrade -

2011-08-08 Thread Douglas Roberts
Dow futures are already down 263. It's going to be ugly again tomorrow. On Mon, Aug 8, 2011 at 7:58 PM, Douglas Roberts d...@parrot-farm.netwrote: I'm staying at the Chico Hot Springs Hotel in Montana tonight, where the wireless access is iffy, at best. My take: we're fucked globally, for

Re: [FRIAM] Deafening silence re downgrade -

2011-08-08 Thread Owen Densmore
In the last week, the Dow dropped $1,323, today $634 http://goo.gl/hmBUB .. these are the worst numbers since Dec 2008. Interestingly enough, the US Treasuries were up .. i.e. the interest rates dropped which indicates a very strong bond market. So the market disagrees with SP. Another

Re: [FRIAM] Deafening silence re downgrade -

2011-08-08 Thread Marcus G. Daniels
On 8/8/2011 9:33 PM, Owen Densmore wrote: So in sum, yes Doug is right, a flock of insane T party jerks tipped the boat too much and the world caught on that we are just not trust worthy. [Rant deleted] http://www.newyorker.com/reporting/2010/08/30/100830fa_fact_mayer?currentPage=1