Technical Economic Indicators Worsening Again
Posted By admin On November 19, 2008 @ 4:55 am In Money Watch | Comments Disabled
George Washington’s Blog 
Wednesday, Nov 19, 2008
Even after the trillions  spent by the feds, the technical economic indicators are getting worse again.
Above and beyond the terrible news from Main Street (such as unemployment, weak retail, and declining shipping and manufacturing), several key technical indicators are worsening again, even after the government spent trillions on various bailouts:
Paulson has admitted  that the bailout is not about “economic recovery”:
“The rescue package was not intended to be an … economic recovery package,” Paulson said in testimony to the House Financial Services Committee in Washington.
Well, maybe that explains why things are getting worse.
Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/technical-economic-indicators-worsening-again.html
URLs in this post:
 George Washington’s Blog: http://georgewashington2.blogspot.com/2008/11/technical-economic-indicators-worsening.html
 trillions: http://www.cnbc.com/id/27719011
 sovereign nations, European companies, and bonds are approaching their all-time wides: http://ftalphaville.ft.com/blog/2008/11/18/18370/cds-report-markets-approach-all-time-wides/
 have started edging higher again: http://www.rgemonitor.com/redir.php?clid=13079&sid=1&tgid=10000&cid=303827
 protracted deflation.: http://www.ft.com/cms/s/37101d00-b511-11dd-b780-0000779fd18c,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F37101d00-b511-11dd-b780-0000779fd18c.html&_i_referer=http%3A%2F%2Fwww.nakedcapitalism.com%2F
 Morgan Stanley, Goldman Sachs: http://www.rgemonitor.com/166?cluster_id=4237
 BNP Paribas: http://www.rgemonitor.com/redir.php?sid=1&tgid=10000&cid=304299
 admitted: http://www.bloomberg.com/apps/news?pid=20601087&sid=arKv0lsap.JU&refer=home
 “Buy A Gun” Google Queries Hit All Time High, And Other Off The Grid Economic Indicators: http://www.prisonplanet.com/buy-a-gun-google-queries-hit-all-time-high-and-other-off-the-grid-economic-indicators.html
 The Price Of Copper And 11 Other Recession Indicators That Are Flashing Red: http://www.prisonplanet.com/the-price-of-copper-and-11-other-recession-indicators-that-are-flashing-red.html
 Conflict Of Interest? Report Says Goldman Sachs ‘Among Biggest Beneficiaries’ Of Paulson’s Bailout: http://www.prisonplanet.com/conflict-of-interest-report-says-goldman-sachs-%e2%80%98among-biggest-beneficiaries%e2%80%99-of-paulson%e2%80%99s-bailout.html
 Gold Index Rally Signals More Gains to Come: Technical Analysis: http://www.prisonplanet.com/gold-index-rally-signals-more-gains-to-come-technical-analysis.html
 Wall Street Seeing Goldman in Rare Reversal With Morgan Stanley: http://www.prisonplanet.com/wall-street-seeing-goldman-in-rare-reversal-with-morgan-stanley.html
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