My prediction: DOW -500 tomorrow Tuesday Jan 22, 08….

[HereWeGo]

There’s a fair number of significant earnings reports tomorrow – BAC, WB, JNJ, and AAPL most noteworthy. Their reports will be of great impact, IMO.

[Anonymous]

Savings accounts are FDIC protected in dollar terms,
not in real terms. Inflation, probably around 7-10% now,
is a huge risk for USD savers, as it quietly destroys
real value in terms of food, energy, etc.

Is savings “principal” really protected, given it now buys
1/3 the gasoline it did 10 years ago? Or 1/4th the house?
1/2 the milk?

I highly recommend the education provided by Ludwig von Mises
in “The Causes Of The Economic Crisis”. The US is hardly
the first debtor nation with a fiat currency trying to
print its way out of bankruptcy. And the endgame this time
is probably going to rhyme with prior ones.

[Anonymous]

Savings accounts are FDIC protected in dollar terms,
not in real terms. Inflation, probably around 7-10% now,
is a huge risk for USD savers, as it quietly destroys
real value in terms of food, energy, etc.

Is savings “principal” really protected, given it now buys
1/3 the gasoline it did 10 years ago? Or 1/4th the house?
1/2 the milk?

I highly recommend the education provided by Ludwig von Mises
in “The Causes Of The Economic Crisis”. The US is hardly
the first debtor nation with a fiat currency trying to
print its way out of bankruptcy. And the endgame this time
is probably going to rhyme with prior ones.

[Anonymous]

Savings accounts are FDIC protected in dollar terms,
not in real terms. Inflation, probably around 7-10% now,
is a huge risk for USD savers, as it quietly destroys
real value in terms of food, energy, etc.

Is savings “principal” really protected, given it now buys
1/3 the gasoline it did 10 years ago? Or 1/4th the house?
1/2 the milk?

I highly recommend the education provided by Ludwig von Mises
in “The Causes Of The Economic Crisis”. The US is hardly
the first debtor nation with a fiat currency trying to
print its way out of bankruptcy. And the endgame this time
is probably going to rhyme with prior ones.

[Anonymous]

Savings accounts are FDIC protected in dollar terms,
not in real terms. Inflation, probably around 7-10% now,
is a huge risk for USD savers, as it quietly destroys
real value in terms of food, energy, etc.

Is savings “principal” really protected, given it now buys
1/3 the gasoline it did 10 years ago? Or 1/4th the house?
1/2 the milk?

I highly recommend the education provided by Ludwig von Mises
in “The Causes Of The Economic Crisis”. The US is hardly
the first debtor nation with a fiat currency trying to
print its way out of bankruptcy. And the endgame this time
is probably going to rhyme with prior ones.

[Anonymous]

Savings accounts are FDIC protected in dollar terms,
not in real terms. Inflation, probably around 7-10% now,
is a huge risk for USD savers, as it quietly destroys
real value in terms of food, energy, etc.

Is savings “principal” really protected, given it now buys
1/3 the gasoline it did 10 years ago? Or 1/4th the house?
1/2 the milk?

I highly recommend the education provided by Ludwig von Mises
in “The Causes Of The Economic Crisis”. The US is hardly
the first debtor nation with a fiat currency trying to
print its way out of bankruptcy. And the endgame this time
is probably going to rhyme with prior ones.

[an]

if the Financials report badly but AAPL report better than expected, would have help raise the tech stocks?

[an]

if the Financials report badly but AAPL report better than expected, would have help raise the tech stocks?

[an]

if the Financials report badly but AAPL report better than expected, would have help raise the tech stocks?

[an]

if the Financials report badly but AAPL report better than expected, would have help raise the tech stocks?

[an]

if the Financials report badly but AAPL report better than expected, would have help raise the tech stocks?

[davelj]

No. If the market is already down 5%-ish and the financials report poor earnings – even if they’re in line with already expected crappy results – then Apple’s report, even if it’s good, will be irrelevant. It’s like the doctor telling you you’ve got brain cancer, but hey, it looks like you’ve lost 5 pounds. Not much comfort, really.

Something dramatic has to happen to change the overall appetite for risk and I don’t know what that would be. But good Apple earnings ain’t it. That much I know for sure.

Currently the futures are setting new lows. But you never know… strange things can happen at these junctures.

[davelj]

No. If the market is already down 5%-ish and the financials report poor earnings – even if they’re in line with already expected crappy results – then Apple’s report, even if it’s good, will be irrelevant. It’s like the doctor telling you you’ve got brain cancer, but hey, it looks like you’ve lost 5 pounds. Not much comfort, really.

Something dramatic has to happen to change the overall appetite for risk and I don’t know what that would be. But good Apple earnings ain’t it. That much I know for sure.

Currently the futures are setting new lows. But you never know… strange things can happen at these junctures.

[davelj]

No. If the market is already down 5%-ish and the financials report poor earnings – even if they’re in line with already expected crappy results – then Apple’s report, even if it’s good, will be irrelevant. It’s like the doctor telling you you’ve got brain cancer, but hey, it looks like you’ve lost 5 pounds. Not much comfort, really.

Something dramatic has to happen to change the overall appetite for risk and I don’t know what that would be. But good Apple earnings ain’t it. That much I know for sure.

Currently the futures are setting new lows. But you never know… strange things can happen at these junctures.

[davelj]

No. If the market is already down 5%-ish and the financials report poor earnings – even if they’re in line with already expected crappy results – then Apple’s report, even if it’s good, will be irrelevant. It’s like the doctor telling you you’ve got brain cancer, but hey, it looks like you’ve lost 5 pounds. Not much comfort, really.

Something dramatic has to happen to change the overall appetite for risk and I don’t know what that would be. But good Apple earnings ain’t it. That much I know for sure.

Currently the futures are setting new lows. But you never know… strange things can happen at these junctures.

[Author]

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