{"id":589,"date":"2010-06-05T02:55:13","date_gmt":"2010-06-05T02:55:13","guid":{"rendered":"http:\/\/ishmaels.net\/blog\/?p=589"},"modified":"2018-11-11T21:34:52","modified_gmt":"2018-11-11T21:34:52","slug":"the-sky-is-falling","status":"publish","type":"post","link":"https:\/\/www.ishmaels.net\/blog\/2010\/06\/05\/the-sky-is-falling\/","title":{"rendered":"The Sky is falling!!!"},"content":{"rendered":"<p>Or so it would seem from all the reports on the <strong class='StrictlyAutoTagBold'>market<\/strong>.  Lets see:<\/p>\n<p>1.  It is the <strong class='StrictlyAutoTagBold'>jobs<\/strong> <strong class='StrictlyAutoTagBold'>report<\/strong> &#8211; got pumped up by Prez, and several others that it would be great and it turned out&#8230; Not Great!&#8230;<br \/>\n2.  Sovergien <strong class='StrictlyAutoTagBold'>debt<\/strong> &#8211; ooooooh another European country that has <strong class='StrictlyAutoTagBold'>debt<\/strong> smaller than our 32nd? state is having problems and might need help from the European central???? Are you Hungary yet?<br \/>\n3.  That damn BP did it &#8211; the spill and devastating environmental damge on never seen or measured proprotions was not bad enough, and now they have to take the markets down!&#8230;<br \/>\n4.  Fear &#8211; it is just plan Fear in the markets &#8211; &#8220;every one is looking for <strong class='StrictlyAutoTagBold'>safe<\/strong> <strong class='StrictlyAutoTagBold'>places<\/strong> to put their money&#8221;.  My question, are there any <strong class='StrictlyAutoTagBold'>safe<\/strong> places?<br \/>\n5.  &#8220;it is just the news&#8221;  the <strong class='StrictlyAutoTagBold'>market<\/strong> is so tied up on every <strong class='StrictlyAutoTagBold'>news<\/strong> item it swings with the direction of that news&#8221;<br \/>\n6.  In another set of posts I have read that &#8220;We are in a Traders Market that will just be wildly swining until October&#8221;?<br \/>\n7.  It&#8217;s China they are taking it all down with their economy slowing from double digits to high single digit growth&#8230;.<br \/>\n8.  It&#8217;s all the fault of Wall Street or the Banks or Computer Trading (too fast for real people)&#8230;<br \/>\n9.   Who cut the Cheese? Smells really bad around here now?   had to throw that in cause it can still be funny in the right crowd or situation&#8230; \ud83d\ude00<br \/>\n10.  The stimulus money has run out just trying to cover and reduce all the losses and &#8220;de-flation&#8221;  and in reality has not created any &#8220;real&#8221;  <strong class='StrictlyAutoTagBold'>jobs<\/strong> just short <strong class='StrictlyAutoTagBold'>term<\/strong> pumps&#8230;<br \/>\n11.  The emerging markets are drying up&#8230; Emerging to what?<br \/>\n12.  If this ???? slows down &#8211; that ???? will slow down.  Then what?<\/p>\n<p>I like to read this guy &#8211; most times his post make a <strong class='StrictlyAutoTagBold'>lot<\/strong> of since&#8230;:<br \/>\n<a href=\"http:\/\/www.frontlinethoughts.com\/\">&#8220;Thoughts from the Frontline&#8221;<\/a><\/p>\n<p>I also read a <strong class='StrictlyAutoTagBold'>lot<\/strong> of the posts on Motly Fool along with just about anything that pops up that may have some value?  hard to determine what has value anymore&#8230; <\/p>\n<p>I do like this weekly <strong class='StrictlyAutoTagBold'>report<\/strong> as well:<br \/>\n<a href=\"http:\/\/www.streettalklive.com\/\">X-Factor newsletter<\/a><\/p>\n<p>I follow several on twitter and stocktwits but most of that is trader twits and I do not do much short <strong class='StrictlyAutoTagBold'>term<\/strong> swapping but maybe I should?<\/p>\n<p>I think I may agree with some portions of all the above&#8230; more specifically we are in for a Traders <strong class='StrictlyAutoTagBold'>market<\/strong> for the summer&#8230; then the <strong class='StrictlyAutoTagBold'>news<\/strong> will get decidely worse as we find out the Stimulus is completely over and we are destined for another recession period, maybe even more deflation &#8211; probably starting in <strong class='StrictlyAutoTagBold'>October<\/strong> but maybe a bit sooner?  &#8211; Growth will be 0 (ZERO) if not negative, for just about everything including job growth.  The Government (ours and theirs) have no answers other than throw more rules and money at it&#8230; Man that has done a <strong class='StrictlyAutoTagBold'>lot<\/strong> of good lately&#8230; I think by November we will all be ready to &#8220;Vote The Bums OUT&#8221;? <a href=\"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2010\/06\/ATT00031.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2010\/06\/ATT00031-300x201.jpg?resize=300%2C201\" alt=\"\" title=\"Remember to get out and VOTE your choice on NOV 2!\" width=\"300\" height=\"201\" class=\"aligncenter size-medium wp-image-617\" \/><\/a><br \/>\nWe could get a whole load of new leaders and <strong>NOT<\/strong> be any worse than we are now&#8230;<br \/>\nIt is a foregone conclusion that real retirement for me will be as fleeting an idea as winning the lottery&#8230;<br \/>\nbut oh well&#8230;. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Or so it would seem from all the reports on the market. Lets see:<\/p>\n<p>1. It is the jobs report &#8211; got pumped up by Prez, and several others that it would be great and it turned out&#8230; Not Great!&#8230; 2. Sovergien debt &#8211; ooooooh another European country that has debt smaller than our 32nd? state is having problems and might need help from the European central???? Are you Hungary yet? 3. That damn BP did it &#8211; the spill and devastating environmental damge on never seen or measured proprotions was not bad enough, and now they have to take the markets down!&#8230; 4. Fear &#8211; it is just plan Fear in the markets &#8211; &#8220;every one is looking for safe places to put their <\/p>\n<p><a href=\"https:\/\/www.ishmaels.net\/blog\/2010\/06\/05\/the-sky-is-falling\/\">&#8220;And Now the Rest of the Story &#8211; &#8220;The Sky is falling!!!<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-589","post","type-post","status-publish","format-standard","hentry","category-uncategorized","odd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Sky is falling!!! - And That was How it Went<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ishmaels.net\/blog\/2010\/06\/05\/the-sky-is-falling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Sky is falling!!! - And That was How it Went\" \/>\n<meta property=\"og:description\" content=\"Or so it would seem from all the reports on the market. Lets see: 1. It is the jobs report &#8211; got pumped up by Prez, and several others that it would be great and it turned out&#8230; Not Great!&#8230; 2. Sovergien debt &#8211; ooooooh another European country that has debt smaller than our 32nd? state is having problems and might need help from the European central???? Are you Hungary yet? 3. That damn BP did it &#8211; the spill and devastating environmental damge on never seen or measured proprotions was not bad enough, and now they have to take the markets down!&#8230; 4. 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Damn Europe anyway","author":"wd0ajg","date":"November 9, 2011","format":false,"excerpt":"This is Why there are No End Zone Celebrations Joshua M Brown November 9th, 2011 Yesterday if you were long, you felt like the king of the world.\u00a0 Today, as you survey your Empire of Dirt, you want to just die. Yesterday's kings cackled as the market would not let\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14930,"url":"https:\/\/www.ishmaels.net\/blog\/2013\/10\/08\/market-update-stocks-stumble-to-support\/","url_meta":{"origin":589,"position":1},"title":"Market Update: Stocks Stumble To Support","author":"wd0ajg","date":"October 8, 2013","format":false,"excerpt":"The financial market took a bit of a beating on Tuesday as it is becoming more apparent that the current government shutdown is going to drag on longer than anticipated.\u00a0 From the Republican's perspective it is in their best interest to combine the debt ceiling, and the continuing resolution to\u2026","rel":"","context":"In \"Abundance Economics\"","block_context":{"text":"Abundance Economics","link":"https:\/\/www.ishmaels.net\/blog\/tag\/abundance-economics\/"},"img":{"alt_text":"SP500-Marketupdate-100813","src":"https:\/\/i0.wp.com\/stawealth.com\/images\/stories\/1dailyxchange\/SP500-Marketupdate-100813.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/stawealth.com\/images\/stories\/1dailyxchange\/SP500-Marketupdate-100813.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/stawealth.com\/images\/stories\/1dailyxchange\/SP500-Marketupdate-100813.png?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/stawealth.com\/images\/stories\/1dailyxchange\/SP500-Marketupdate-100813.png?resize=700%2C400 2x"},"classes":[]},{"id":13262,"url":"https:\/\/www.ishmaels.net\/blog\/2013\/01\/27\/dont-it-up\/","url_meta":{"origin":589,"position":2},"title":"Don\u2019t ****it up\u2026","author":"wd0ajg","date":"January 27, 2013","format":false,"excerpt":"Great stuff from StreetTalklive \u2013 Lance Roberts\u2026 Here are of the major guidelines: 1) Separate WANTS from NEEDS. 2) Live on 60-70% of what you make. 3) Get rid of credit cards and live on cash. 4) If you can't pay for it with cash - you can't afford it.\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5748,"url":"https:\/\/www.ishmaels.net\/blog\/2011\/04\/13\/purposeful-investing\/","url_meta":{"origin":589,"position":3},"title":"Purposeful Investing","author":"wd0ajg","date":"April 13, 2011","format":false,"excerpt":"It would be hard to develop a strategy to pay off your debt if you had no idea how much debt you had. It?s just as difficult to develop an appropriate investing strategy if you don?t have a reason for investing. Without a purpose, it?s impossible to make decisions about\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2226,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/09\/15\/who-is-lying-to-who\/","url_meta":{"origin":589,"position":4},"title":"Who is lying to who?","author":"wd0ajg","date":"September 15, 2010","format":false,"excerpt":"I guess that title should actually be \"whom\" for all those grammar cops out there... but I never professed to be totally literate! Well if you will remember I posted the other day (7th this month) about having done the company survey. \u00a0Maybe I should be working a little harder\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2010\/09\/Blog-problems.gif?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2010\/09\/Blog-problems.gif?resize=350%2C200 1x, https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2010\/09\/Blog-problems.gif?resize=525%2C300 1.5x"},"classes":[]},{"id":544,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/06\/01\/whew-check-this-out\/","url_meta":{"origin":589,"position":5},"title":"Whew!  check this out","author":"wd0ajg","date":"June 1, 2010","format":false,"excerpt":"Be prepared to get sick!... just outstanding that we are this far and no focus on getting out of it. U.S. NATIONAL DEBT CLOCK The Outstanding Public Debt as of 01 Jun 2010 at 06:15:33 AM GMT is: The estimated population of the United States is 308,478,895 so each citizen's\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2010\/06\/debtiv-300x29.gif?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/comments?post=589"}],"version-history":[{"count":1,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/589\/revisions"}],"predecessor-version":[{"id":17171,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/589\/revisions\/17171"}],"wp:attachment":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/media?parent=589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/categories?post=589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/tags?post=589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}