Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (124263)	10/19/2012 1:27:56 PM
From: RetiredNow	Read Replies (3) \| Respond to of 149317

OK, Ted. So here we are with earnings releases and future forecasts and so far the following companies have reported significant earnings slow downs or stated the immediate future is grim. Some are even announcing layoffs: * Microsoft, Intel, Google, GE, Apple, Lenovo, McDonald's, AMD, Catepillar In fact, the only ones doing half way decently are the large banks, who are receiving the largesse from the Fed, funded by the American Taxpayer and through money printing. So you really think broadbased corporate weakness is a sign that things are getting better? Do you really think that employment is on a recovery path, even as major bell weather corporations are slowing down and starting to lay off workers? You simply can't continue to believe that the statistical outlier in one month's Unemployment Rate number is an indicator of employment health, when company earnings are sending a strong signal in the other direction. It's hopium on steroids.