text:
-Volker rule to be delayed
-Chicago PMI 56.5!
-EU Agrees to cap Banksters Bonus. London Furious.
-USA 4Q GDP revised to .1 % v .5 % e, prior estimate -.1 %
-Draghi/Bernanke ESF/ESM boosting global markets after Italy Crumbles
-Sequester festers as Friday 'all hands' meeting between Congress and White House Looms
-RBS Losses widen to $9 bln in 2012, Bankia Losses Widen to near $30 billion in 2013
-Abe Nominates Haruhiko Kuroda as Next Bank of Japan Governor
-Bibi Demands Iran be Destroyed after Talks Inch forward with Iran and the Anglo-Zionist west
-Abe Says Senkaku Isles Belong To Japan, There Is No Territorial Dispute
-GLD ETF continues to be raided by Collusive London Cartel-7 th consecutive decline in holdings on upsurge
-Shell Decides to not drill in Arctic/Chukchi Sea in 2013 Season
-Talmudic Criminal Mastermind, and Bob Rubin/David Rockefeller Protege Jack Lew approved as UST Secretary by Criminals in USA Senate
-Looking at all Jews, technically in that Swearing in Photo. Obama's mother was a Dunham, well documented English Jew. Biden is a Crypto Jew, and a self professed Zionist. How many Anglosaxon come out and say they are Zionists? Not even John McCain is bold enough to do that in Public like Biden has, over and over again and not even Anglomasonic Pat Robertson, will say "I am a Zionist'. Talmudic Jews are at war with the American people in the USA, to destroy the nation economically and morally, then enslave the remnant to world Jewry, if not to kill all the Christians at some point. The Jews are mad with power and lust. Obama is starting to show it, as even his fellow Jew Bob Woodward, a known CIA asset is afraid of how nutty Obama is. I'm sick of this lying Jew Joe Biden.
Joe Biden's Daughter Marries Jewish Doctor
By Laura Goldman
Vice President Biden's daughter Ashley married Dr. Howard Krein, a Jewish doctor from Philadelphia, on Saturday at the bucolic St. Joseph's of the Brandywine in Wilmington, Delaware, which is the same church where she was baptized. In the official statement released by the vice president's office, Joe and Dr. Jill Biden said, "We're happy to welcome Howard into our family, and we wish them all the best in their new life together."
The wedding ceremony, which was limited to 200 close family and friends of the bride and groom, was officiated by a Catholic priest, Father David Murphy, and a Reform Jewish Rabbi, Joseph M. Forman of Or Chadash synagogue in Flemington, N.J. Forman, a graduate of Hebrew Union College-Jewish Institute of Learning in Cincinnati, Ohio, assures the Forward that the ceremony contained the typical elements of the Jewish and Catholic wedding ceremonies.
"A Ketubah was signed. The couple got married under a beautiful chuppah, made of natural branches with a cloth covering," he said. The wedding ceremony started with the traditional burach habim and included the priestly blessing and the shevai brachot. The groom stepped on a glass at the end."
Read more: http://blogs.forward.com/the-shmooze/157249/joe-bidens-daughter-marries-jewish-doctor/#ixzz2MEgQ9Tvv
If it talks like a Jew, "i'm a zionist', looks like a jew, and dances like a jew, its a jew…his son in law looks just like him.. so his daughter is weird..er jewish as well.
-Good for some laughs, Today' Max Keiser report
-WebsterGTarpley @WebsterGTarpley
#Austerity Ghoul #Grillo wants huge cuts in pensions for retired Italian govt workers to 1,000 euros/month, raise age from 60 to 70#UFAA
-Lew the Jew fail today. No Green in Stocks, Lew, what happened?
4:01 p.m. EST 02/28/13Major Stock Indexes
4:00 p.m. EST 02/28/13Treasurys
3:51 p.m. EST 02/28/13Futures
4:01 p.m. EST 02/28/13Currencies
-Wage Recession Hits 5 Years; Worse Than Jobs Drought
By Jed Graham , Investor's Business Daily
As bad as the current job recovery has been — and it's by far the weakest since World War II — the recovery in wages has been far worse.
Five years after the recession began in December 2007, total wages in the economy have yet to fully recover in real terms, Commerce Department data show. In other words, the wage recession continues.
By comparison, the longest previous post-war wage recession, which began with the 2001 downturn, was over in 2-1/2 years, even though that jobs recession lasted four years.
In recoveries past, wage recessions have ended long before payrolls hit new highs. But in the current expansion, wages and employment are on the same slow track to recovery. Both remain about 2% below their old peaks.
Sixty months after the start of the 2001 recession, where we are now in the current cycle, wages were already nearly 8% above their prior peak, though payrolls were just 2% higher. A similar recovery would have boosted current wages by about $650 billion annually.
The early 1980s, marked by high inflation, saw real wages recover from one recession only to fall again before staging a more durable rebound. But the current wage recession has outlasted even that era of real wage stagnation.
The simplest explanation as to why wages have been so sluggish in this recovery is that the depth of job losses eroded employee bargaining power more than usual.
While it may not be true in all industries and specializations, the broad oversupply of labor means that workers have tended to feel fortunate to have a steady job, even without the gravy of pay hikes that outstrip inflation.
Another factor has been the underlying job shift since the end of 2007, with the bulk of the lingering losses in industries that tend to pay pretty well.
Compared to five years ago, there are 3.5 million fewer construction and manufacturing jobs and 1 million fewer jobs in financial services and government.
"Job quality is rapidly emerging as a second front in the struggling recovery," the National Employment Law Project, a low-wage worker advocacy group, concluded in a study in August. NELP found that lower-wage occupations accounted for 21% of the recession's job losses but 58% of the recovery's job gains.
By contrast, midwage occupations made up 60% of the job losses in the recession but just 22% of the jobs recovered in its aftermath.
Wage Recession Is Five Years Old, Worst Since World War II – Investors.com http://news.investors.com/economy/022813-646108-wage-recession-worse-than-jobs-slump.htm#ixzz2MEGmq61P
-The FED knows the Economy is DOA
-Obama to urge high court to allow California gay marriage: official
Californians voted no, and the LGBTs on the Supreme Court and LGBT Jews and Anglos therein, will likely shove their sin down our throats. May the guilt be upon Obama and the Supreme court if they overcome California's morality. Shame on the homosexualist Obama. Go back to England.
-Neither a Democratic nor a Republican bill aimed at replacing the so-called sequester was able to get enough support to win a test vote on Thursday. While senators from both parties hadn't expected passage, the bills represented a last-ditch legislative effort to replace the across-the-board cuts to domestic and military spending.The Republican bill, which would have given Obama the opportunity to pick which cuts he'd like, garnered just 38 "yes" votes; the Democratic bill, which would have replaced the cuts with alternative spending cuts and tax hikes on the wealthy, received 51 "yes" votes; 60 votes were needed to cut off debate.
-Jack Lew signaling his triumph shorting gold today.
-Big Gap to fill in the DOW, back at 13000
While I don't believe in charts wrt to their predictive ability, certain patterns do tend to repeat and it is very , very rare where a big gap won't be filled like DIA 13000. The ESF is trying to paint a Dow break out and get funds to carry the markets higher. I say they only have around a 25 pc chance of making that work here, simply as earnings have been so, so, awful. We are not even getting the flow through of inflation to the top line, much less the bottom line. Profits are being eaten up by higher operating costs. For stocks to keep up with inflation, real wages must go up ,which is why Obama wants to raise the minimum wage. I got another 500 points on the DOW before I will cover. Not that I won't box and ride higher. The CME mm sitting on his hands here, frightened to death of Europe and the USA market told me a lot this morning. When a CME MM in equity wont' chase a 'bull' market higher, you've got a very surreal and rigged market that can crap out anytime. No doubt Lew the Jew will be doing his best with Regling tomorrow to prop the markets up. Lew the Jew, baby. Say it.
-Government Crook in Charge of B787 take down
I would bet he was intimately involved in the Sabotage. What a spirit of darkness.
Lahood's kin are from Lebanon. A school teacher gone bad. Interesting the two 'hit'men this Zionist Clown and the NTSB Zionist School bus driver clown, the Jew Hersman are school teacher types, well qualified to run the FAA and NTSB as poly sci and sociology majors . Lahood's mother is a Jew, a Vogel by the way, so that makes him technically a Jew and not an Arab or French-Arab. Hersman is married to an effeminate looking Royal WASP named Plummer. An illustrious and devilish family of Crown loyalists like the Armstrongs in American history.
The British-Israel gang, always terrorizing the American public , destroying, manipulating perception. The Boeing CEO was forced to shut up, probably with death threats, when he mentioned the impossibility of the quad controller failing. Boeing went through the London hate machine under Clinton and the TWA Flight 800 hit job the Pentagon put on the worlds most perfect plane, the B747.
I loved Hersmans little black and white outfit she wore for the hit job. Lahood exudes spiritual darkness and the same Talmudic death spirit as his pal and confidante, and who knows maybe his butt buddy Rahmn Emmanuel. All we can do is pray that Hersman's and LaHood's evil is brought to the light of day, and they are judged by the Lord for their lies and wickedness and whatever part they played in this Boeing take down. The Wicked like Kissinger do seem to go on forever, and ever. I'm so, so tired of their evil.
Prince Charles lusts in his heart to destroy America completely for mocking him and refusing to bow to his pink arse and wants big dividends from using Chinese slave labor. He's got plenty of Anglo and Jewish kin in the states and sellouts like , that Negro from Black Eyed Peas who gave a few million to Prince Charles favorite charity, himself to sell us down the river.
Ha, ha, we caught you again Prince Charles. You will have to work a lot harder on hiding your MI6/Mossad team members.
Destroying Boeing has been on London's agenda for the last 20 years. They failed to keep the shareholders from dumping the Anglomason Stonecipher whom I thought would run it. These SP500 Anglosaxon are the pits, like John Chambers, who is on the record that he would turn CSCO into a Chinese company before he left.
-Short Jam Job by Lew and Associates at the ESF, all news is good news.
-London/JPM fighting Tooth and Nail not to be taken to court by LEH shareholders
Where there is smoke there is fire. Another Jew on the run. Ashkenazi pattern baldness, lots of Kids, hiding out under DeRothschilds protection in France so he can't be extradited. Someone should do a song, 'Jews on the Run'. I wonder if Sir Paul is up to it? He is as 'French' as Sarkozy.
The European Jew, aka 'the russian' taken down by an American Jew
Classic, unfixed, Jew on Jew chess match, ex you supplied the honey pot. If we had a government, this thief and market manipulator, Bruno whatever his real name is , would be arrested 30 seconds after getting off the plane.
NEW YORK (Reuters) – The former JPMorgan Chase & Co trader known as the "London Whale" was not responsible for Lehman Brothers Holdings Inc's bankruptcy and should not be dragged into an $8.6 billion lawsuit accusing the largest U.S. bank of causing it, JPMorgan said.
In a Wednesday filing in Manhattan bankruptcy court, JPMorgan said Lehman knew from documents it produced itself that the trader, Bruno Iksil, had nothing to do with allegedly mismarked derivative trades about which Lehman wanted to take his deposition.
JPMorgan also said Lehman and its unsecured creditors committee, which also seeks Iksil's testimony, had pointed to nothing that shows the bank's Chief Investment Office had any role in the collateral requests at the center of Lehman's 3-year-old lawsuit.
Moreover, getting Iksil involved wastes time and money, JPMorgan said, particularly in light of statements by former U.S. Treasury Secretaries Timothy Geithner and Henry Paulson that the collateral requests did not cause Lehman to fail.
"It is readily apparent that the only real reason for plaintiffs interest in taking Mr. Iksil's deposition is that he has been in the news," JPMorgan said.
Lehman spokeswoman Kimberly Macleod said the company's lawyers would review the filing.
Iksil gained notoriety after his activities were linked to $6.2 billion of trading losses at JPMorgan's Chief Investment Office. The French national had worked in London for the New York-based bank.
JPMorgan was Lehman's main clearing bank, handling third-party dealings. Lehman accuses JPMorgan of hastening the bankruptcy by using what it learned in that capacity to extract $8.6 billion of collateral in the four business days prior to the September 15, 2008, Chapter 11 filing.
Citing Iksil's "practice of intentional mismarking," Lehman said it wanted to review trades that led to a large, "unjustified" collateral call on September 9, 2008.
Lehman also said it wanted to review how the Chief Investment Office managed JPMorgan's exposure to what was once Wall Street's fourth-largest investment bank.
Lehman said Iksil's lawyers have indicated he will not cooperate without an official request, prompting it to ask U.S. Bankruptcy Judge James Peck for permission to start the process.
Last April, Peck narrowed but refused to dismiss Lehman's lawsuit, saying the company could pursue claims that JPMorgan had acted in a "commercially unreasonable" manner.
Lehman emerged from Chapter 11 last March. It has said it hopes to repay creditors about $65 billion. That process is expected to take several years.
The JPMorgan case is Lehman Brothers Holdings Inc et al v. JPMorgan Chase Bank NA, U.S. Bankruptcy Court, Southern District of New York, No. 10-ap-03266. The main bankruptcy case is In re: Lehman Brothers Holdings Inc in the same court, No. 08-13555.
-USA Close
Gold was well controlled today as a particular gold clown called for $3000 breakout, and following up on the Draghi/Bernanke/BOJ central show. The BOJ will probably take until June to get the Y/D to 100, or whatever the magik number is they negotiated with Lew to get. 2 pc inflation sort of implies a 130 Y/D. Eric Sprott did an excellent job in exposing the Gold rig and USA gold (probably German) flowing to Asia. Gold finished down for fifth month as funds marked up their equity books today with a little help from some strange futures buying.
The Chicago PMI upside of 56.5 was offset by the Kansas FED mfg print of -10. The USA GDP, 2nd cut still had to use the highly rigged .9 GDP deflator and other data massaging to get the .1 pc print, well below the .5 pc WS was touting.
There was a lot of selling in the MSM about how NG and oil is going to save the USA. I worked in that industry in the 70s and it is enormously efficient and employs few people to bring enormous cash flows, and the USA needs lots jobs to throw off the tax receipt to pay for the Anglo-Zionist police-war state. There are only 2000 rigs working in the USA, and 20 guys per rig. You do the math.
The FAA emerged to toss cold water on Boeings plan to fly soon, citing their inablity to find the problem. They grunted some acceptance of Boeing's design fix but said they would wait until their engineers weighed in next week. Interestingly enough Bloomberg cited TWA Flight 800, and the FAA forcing a redesign of a wiring harness to the fuel tank on the 747 and no found problem. Any reasonably intelligent American would know that flight was shot down by the thugs in the USA pentagon on Crown orders. Bill Clinton murdered more people than any president in history by way of direct assassination, up until Bush took the WTC down.
Boehner emerged and tossed the ball back into Obama court. House Speaker John Boehner said his message during a Friday meeting with President Barack Obama will be that Senate Democrats should pass a bill to replace the sequester. Speaking to reporters on Capitol Hill, Boehner said he will be "happy to talk to the president" about the sequester cuts due to take effect on Friday. Raising taxes is off the table for Republicans, he reiterated. . "It's time for them to do their job," Boehner said about the Democrat-controlled Senate.Under the sequester, $85 billion in across-the-board spending cuts for FY13 are due to begin Friday.
Obama continues to ( finally) get some bad press after Bob Woodward cited his Administrations madness and his veiled threats. Michelle Obama is being sent out to take over the airwaves as she knows her husbands job is on the line.
A day after Woodward's claim that a senior White House official had told him he would "regret" writing a column criticizing President Obama's stance on the sequester, Lanny Davis, a longtime close adviser to President Bill Clinton, told WMAL's morning news show today he had received similar threats for newspaper columns he had written about Obama in the Washington Times. Nixon went temporarily insane as his administration went south and markets melted down. This guy is not going to go quietly from the political scene like Nixon did after Woodward forced his resignation after Nixon refused to get behind some silly Zionist ideas and Nixon started to buck the English who did not want the Vietnam war endeed. London wanted Nixon out, and rejected him for his vestiges of Quaker morality. London as far as I can tell is happy with Obama. The Germans love him as well. Look at this shameless take down of Boeing and this 'free' trade pact with the Germany's hoard of $1E/hr Turks and now cheap Greek labor.
Obama does not have the guts to throw his voting base, the government welfare parasites, off the dole. Why not cut all Feds salaries ex the grunts in the military by 10 %. Why not slow down the F35 which continues to have design issues. How about all those Bradley tanks piling up in the Washington Eastern desert, why don't we stop building that lousy tank? Oh, yes the British , BAE makes the Bradley, we can't keep funding the UK and Europe with our deficits can we Prince Charles?
Mining equipment name Joy Global widely beat earnings expectations in its Q1 and reaffirmed its FY13 forecast. The firm warned that while things are looking up for commodities, there could be a lag in the recovery's follow- through to the firm's results. JOY gained as much as 3% in the first hour of trading, but gave up gains as Commodities were smashed by the FED.
We beat the retail stocks to death yesterday and today in the USA, and there is no bright spot, ex in the luxury goods. The middle class is tapped out as is the working class as Walmart executives let slip out: Sears, Penny, TJ Max, Dollar store, no matter where you look the middle class is not even keeping their buying up with real inflation y/y.
Ex Fisher, we have Bernanke Doves out cooing today for the FED.
Stocks will probably close near their open given it is the end of the month. I did not expect big potential downside until Friday. Boehner can't fold as he does not have the votes to give Obama. He is one of the worst speakers of the house I can ever recall. I hope he does not cry when the Jew Jack Lew beats up on him tomorrow. Boo, hoo, , hoo Boehner you weasel.
I'm off to continue my short selling campaign on the DIA into the close. The SPY is still below where I put a big short on.
1:19 p.m. EST 02/28/13Major Stock Indexes
1:18 p.m. EST 02/28/13Treasurys
1:09 p.m. EST 02/28/13Futures
1:19 p.m. EST 02/28/13Currencies
-1214 BBN is doing a hit job on gold. 'See gold sold off when Bernanke spoke'.
-U.S. STOCKS | See all U.S. Stocks Data
Last | Change | % Chg | |
DJ Transportation Average | 5996.21 | 6.84 | 0.11 |
DJ Utility Average | 480.40 | 1.51 | 0.32 |
DJ Total Stock Market | 15834.43 | 25.25 | 0.16 |
Nasdaq | 3169.94 | 7.68 | 0.24 |
Nasdaq 100 | 2750.49 | 9.24 | 0.34 |
S&P 400 Mid-Cap | 1105.23 | 1.66 | 0.15 |
S&P 600 Small-Cap | 510.44 | 1.18 | 0.23 |
NYSE Composite | 8881.08 | 5.76 | 0.06 |
Russell 2000 | 911.85 | 1.93 | 0.21 |
NYSE MKT Composite | 2364.91 | -6.32 | -0.27 |
KBW Bank | 54.07 | 0.04 | 0.07 |
PHLX Gold/Silver | 135.10 | -2.13 | -1.55 |
PHLX Housing Sector | 182.07 | -0.97 | -0.53 |
PHLX Oil Service | 244.29 | 0.24 | 0.10 |
PHLX Semiconductor | 427.73 | 1.27 | 0.30 |
CBOE Volatility | 14.74 | 0.01 | 0.07 |
* at close
Issues | NYSE | Nasdaq | NYSE MKT |
Advancing | 1,636 | 1,218 | 161 |
Declining | 1,303 | 1,085 | 212 |
Unchanged | 121 | 113 | 27 |
Total | 3,060 | 2,416 | 400 |
Issues at | |||
New 52 Week High | 143 | 68 | 5 |
New 52 Week Low | 23 | 10 | 8 |
Share Volume | |||
Total | 1,335,066,960 | 770,859,688 | 28,495,040 |
Advancing | 717,200,432 | 422,009,952 | 13,390,410 |
Declining | 581,611,211 | 319,665,280 | 14,525,389 |
Unchanged | 36,255,317 | 29,184,456 | 579,241 |
Issue | Volume | Price | Chg | % Chg |
BankAm (BAC) | 48,102,384 | 11.31 | 0.01 | 0.09 |
Nokia (NOK) | 30,836,474 | 3.66 | -0.11 | -2.92 |
PenneyJC (JCP) | 25,533,441 | 17.54 | -3.62 | -17.10 |
MGIC Inv (MTG) | 17,594,649 | 3.02 | 0.22 | 7.75 |
CommonWealthREIT (CWH) | 13,590,579 | 21.64 | -0.87 | -3.84 |
Issue | Price | Chg | % Chg | Volume |
XinyuanRealEst (XIN) | 5.49 | 0.47 | 9.36 | 994,072 |
GMX Res (GMXR) | 2.40 | 0.19 | 8.48 | 208,821 |
MGIC Inv (MTG) | 3.02 | 0.22 | 7.75 | 17,594,649 |
WesternRfng (WNR) | 37.16 | 2.07 | 5.90 | 1,107,576 |
TelkomIndo (TLK) | 44.57 | 2.23 | 5.27 | 170,543 |
Issue | Price | Chg | % Chg | Volume |
PenneyJC (JCP) | 17.54 | -3.62 | -17.10 | 25,533,441 |
AegeanMrnPete (ANW) | 6.20 | -0.79 | -11.30 | 510,792 |
GranitCnstr (GVA) | 31.73 | -3.44 | -9.78 | 399,659 |
Cablevsn (CVC) | 13.97 | -1.50 | -9.66 | 5,339,198 |
CalDiveIntl (DVR) | 1.87 | -0.20 | -9.66 | 919,493 |
-Market Watch
Gold was banged as Rothschilds boy was up talking up the dollar as were others.
11:59 a.m. EST 02/28/13Major Stock Indexes
11:58 a.m. EST 02/28/13Treasurys
11:49 a.m. EST 02/28/13Futures
11:59 a.m. EST 02/28/13Currencies
-Europe Close
The Eurotrash of Brussels closed ranks today and the 'team' went down to Italy to try and fix the disaster. Barroso and Von Rompuy were there, then Rhen went to London to try and keep them from attacking the EU and to sell the Banker pay/bonus issue with the 600 bankers at Barclays taking home more than 1.5 million a year, which is truly staggering if you were ever an executive that mid level bankster would be payed that much. The ECB weighed in with Nowtony, talking up the EU and playing down the Italian elections following Draghi , following Bernanke in talking up the European and Global economy, despite piss poor data out of Spain last night and horrid bank reports from RBS and Bankia and the USA GDP failing to meet the .5 pc upward revision, and the USA heading towards budget cuts on top of the massive tax increase. This fantasy was helped by thin markets and the ESM/ESF today and paid off newletter writers telling their 'marks' to buy the DOW based upon the Dow Theory.
I read Italian and Berlusconi has hinted people are out to get him as in kill him in the period preceding the election. As the ZGR first postulated, the only viable deal is a center right and center left coalition , which Berlusoni said late yesterday he was pursuing. The EU and Mario Monti turned up the heat on Berlusconi as investigations into a 3 million euro bribe of an Italian Senator to bring him to heel are on by the Courts. Bersani is in a lose-lose-lose situation with Berlusconi, resign from PD, or stand again and probably lose the election. Grillo is disenfranchising his supporters by refusing to deal. There will be no happy ending to this despite the best efforts of the Brussels gang to spin it today.
There was a lot of speculation that Europe's rigged inflation data would allow the ECB to ease further today. I summarized the key stock reports and EU credit markets earlier.
I was emboldened on my short the DAX today by a major CME equity market maker coming on BBN-TV and saying European equity and banks scared the hell out of him and that he was not going to play the (FEDs/ESF) game of push the DIA higher. He got the hook from good old Betty Liu, PDQ! You have to be patient as short and as Kenny Rogers said, know when to hold them, know when to fold them and when to walk away. I would short the FTSE, but it is so highly defended by the City of London you can't make a lot of money out of it. The Germans with this ESM are really learning how to copy London and Washington DC. I don't think there will be a last second deal to avoid sequester. Europe wil have to deal with that head wind tomorrow. Regling does not have the trillion or so the ESF has to push markets , yet. The IMF, the hellish witch of London England and French Jew was demading the Sequester not take effect. It is only a couple of months spending on wars so no big deal.
John Kerry was sucking up to the communists in France and is headed Germany's way today. Iran and Syria are on the agenda. Kerry should have to have a wire and camera on him 24/7. I"m for radical transparency in government. I'm getting a better feel, I think for this clown Regling. He is a lousy but brutal trader. It is alway easy to throw taxpayers money around like it was confetti. The USA Iran contingent went on to Israel after assuaging Iran. Bibi Netanyahu is one of the greatest satanists and insane political leaders of our time. The Jews love his insanity as he keeps getting elected to office and audiences with Cameron and Prince Charles anytime he wants. Soon Israel will be in the EU like Turkey, you watch.
Greece is having a lot of trouble, but that is subject for another day.
Country: Index | Last | Change | % Chg |
Europe Dow | 1697.71 | 8.02 | 0.47 |
Stoxx Europe 50 | 2650.26 | 30.63 | 1.17 |
Stoxx Europe 600 | 290.18 | 3.01 | 1.05 |
Euro Stoxx 50 | 2636.18 | 24.29 | 0.93 |
Euro Stoxx | 266.51 | 2.30 | 0.87 |
Austria: ATX Index | 2466.78 | 32.44 | 1.33 |
Belgium: Bel-20 | 2567.49 | 23.26 | 0.91 |
Denmark: OMX Copenhagen 20* | 546.55 | 3.50 | 0.64 |
Estonia: OMX Tallinn* | 764.12 | 1.13 | 0.15 |
Finland: OMX Helsinki* | 6221.01 | 3.79 | 0.06 |
France: CAC 40* | 3723.67 | 32.18 | 0.87 |
Germany: DAX* | 7753.32 | 77.49 | 1.01 |
Greece: Athex Composite Share Price* | 1007.99 | 9.51 | 0.95 |
Greece: DJ Greece TSM* | 758.65 | 7.01 | 0.93 |
Greece: FTSE/ATHEX 20* | 334.47 | 2.99 | 0.90 |
Iceland: OMX Iceland All-Share* | 777.44 | 1.54 | 0.20 |
Ireland: ISEQ Overall * | 3756.84 | 35.20 | 0.95 |
Italy: FTSE MIB | 15921.25 | 94.23 | 0.60 |
Latvia: OMX Riga* | 401.91 | 3.69 | 0.93 |
Lithuania: OMX Vilnius* | 368.69 | -0.53 | -0.14 |
Netherlands: AEX* | 340.60 | 3.23 | 0.96 |
Norway: OSE All-Share* | 520.53 | 0.55 | 0.11 |
Portugal: PSI 20 | 6003.23 | 1.70 | 0.03 |
Russia: DJ Russia Titans* | 6345.58 | -16.08 | -0.25 |
Spain: IBEX 35* | 8243.60 | 106.90 | 1.31 |
Sweden: OMX Stockholm* | 375.32 | 1.74 | 0.47 |
Switzerland: Swiss Market* | 7593.67 | 108.68 | 1.45 |
UK: FTSE AIM All-Share* | 740.61 | 0.51 | 0.07 |
-USA Economic Release Summary
(US) Feb Kansas City Fed Manufacturing Activity: -10 v -2 prior
(US) Feb Chicago Purchasing Manager: 56.5 v 52.0e
(US) Q4 Preliminary GDP Q/Q Annualized: +0.1% v +0.5%e; Personal Consumption: +2.1% v 2.3%e
(US) Q4 GDP Price Index: 0.9% v 0.6%e; Core PCE Q/Q: 0.9% v 0.9%e
(US) Initial Jobless Claims: 344K v 360Ke; Continuing Claims: 3.074M v 3.140Me
(US) Feb NAPM-Milwaukee: 52.0 v 51.3 prior
(US) Weekly EIA Natural Gas Inventories: -171 bcf v -160 to -170 bcf expected
(CA) Canada Jan Industrial Product Price M/M: 0.0 v 0.3%e; Raw Materials Price Index M/M:3.8% v +1.3%e
(CA) Canada Q4 Current Account (BOP): -$17.3B v -$17.0Be
(MX) Mexico Jan Net Outstanding Loans (MXN): 2.29T v 2.287T prior
- (ZA) South Africa Jan Trade Balance (ZAR): -24.5B v -2.7B prior
- (DE) Germany Feb Preliminary Consumer Price Index M/M: 0.6% v +0.7%e; Y/Y: 1.5% v 1.7%e
- (DE) Germany Feb Preliminary CPI EU Harmonized M/M: 0.8% v +0.7%e; Y/Y: 1.8% v 1.7%
-EU using Italian courts to try and Bring Berlusconi down
Berlusconi accused of buying a Senator for €3 million, defection that helped collapse last centre left govt http://reut.rs/Wjsfea
-The Two real Clowns..
Today I met with Italian Prime Minister Mario Monti. Read our joint statement here: http://ow.ly/i7X1W . Photo: http://ow.ly/i/1B9Lp .
"Everything will be okay because we say it will be okay'.
-Nancy P. Lousy is gabbing away like Obama on how the sequester will end her nasty little Zionist/Feminst world, boo, hoo.
-Italians live in a Delusion about Homosexualists and Satanists in the Vatican. Why don't you Catholics start out by stopping letting Rothschilds run what little money you have left in the Church since the Jew John Paul II stuffed the clergy full of pederasts and fellow satanists? This man is a criminal. Good riddance Ratzinger.
- Jim Rickards @JamesGRickards
Markets shocked at "unexepcted" Swiss growth w/ strong franc http://bloom.bg/15l7sax . Not unexpected at all. Weak FX = inflation, not growth.
Say what is that CHF/$E peg all about Jim? Who about that SNB balance sheet. When that is unsterilized, inflation will go rip roaring through CHF land and they will be in defacto Euro$ land anyways.
-Ollie Rehn:, expresses his confidence that Italy will swiftly find its way forward; it is important that Italy pursues reform for sustainable growth; high debt countries have only one option, to restore sustainability to finances; Surplus countries, meanwhile, should use reforms to boost domestic demand.
Speaking at a Policy Network conference in London,
He says fiscal consolidation needs to proceed at a careful but steady pace.
Napolitano merita l'onore delle armi. Ieri in Germania ho visto il mio presidente della Repubblica: http://www.beppegrillo.it/2013/02/napolitano_chap.html …
German versus Italy war continues today, although under the Media's radar
-Niall Ferguson: "I am long the US dollar…on the shale gas revolution"
Rothschilids b-tch speaks.
This lying clown knows Chatham House has instructed the CFR to export this LNG to Asia, Japan and China have been greenlighted to make sure the USA has no mfg edge from cheap gas. How do you tell an Englishman is lying, his lips move. He is a history professor not a trader. The trade balance from ng does not out weigh the massive 1 trillion dollar yet debt to say nothing of QE4.
-Jewish Supremacist Bloomberg Joins Killer Anglozionist Gates Foundation to Push Killer Polio Vaccines
Mike Bloomberg @MikeBloomberg
I am thrilled to join @GatesFoundation in the effort to end this disease once and for all http://bit.ly/ZLaGoy #EndPolio
Want to bet as an MIT engineer, Mayor Mike knows what Polio vaccines are really all about? The Kikes (antichrist Jews) are truly mad, if they think the Internet won't be used to expose their murder and fraud.
Background on Polio
Megadoses of Vitamin C , 'cures' the Polio the vaccines will give your kids. Since I started pushing this book, AMZN made it impossible to get from them. One of the best exposes of AMA medical fraud and how to cure incurable diseases including polio. Jeff the Greek Jew Bezos does not want you to read this. Why Jeff the Jew? There is an Anglo-Zionist conspiracy to rule the world and enslave and kill most of us, get over your naivete about the Talmudic and Masonic conjoined satanic tribe of the English and Jews.
Sorry Mike, I got way more science degrees than you and went to better schools. Gates is a drop out and has no earned science degrees.
-Market Watch
10:01 a.m. EST 02/28/13Major Stock Indexes
10:00 a.m. EST 02/28/13Treasurys
9:51 a.m. EST 02/28/13Futures
10:01 a.m. EST 02/28/13Currencies
-US House Speaker Boehner is to hold a press briefing at 1115EST
- U.S. weekly Bloomberg Consumer Comfort Index at -32.8 vs. -33.4
-950 Markets had a very delayed response. Must mean tomorrow is going to be a disaster. Shorting DIA 14,100. The PMI was a bit above expectations at 55.6 e v 56.8 but the 4Q GDP revison was way below expectation. Car market is white hot again as Obama and the big oil guys in London jack us back to $5 gas to pay for the BP lawsuit and falling off the edge of the earth oil revenue for the Crown. Americans badly need to replace aging cars as only the Chosen in NYC get effective Mass Transport paid for by the rest of the USA.
-948 Markets little change after PMI
Major Stock Indexes
Last | Change | % Chg | |
Nasdaq | 3174.07 | 11.81 | 0.37 |
DJ Total Stock Market | 15853.88 | 44.70 | 0.28 |
-945 Feb. Chicago PMI up 1.2 pts to 56.8
-940 Chicago PMI coming up..
-China gunning for Boeing and Pratt and Whitney
Aircraft engine project to be established: A project to boost Chinese aircraft engine research and development… http://bit.ly/143yHUE
The Chinese are masters of stealing IP, then knocking designs off with $1 hr machine operators.
-Market Watch
9:32 a.m. EST 02/28/13Major Stock Indexes
9:31 a.m. EST 02/28/13Treasurys
9:22 a.m. EST 02/28/13Futures
9:32 a.m. EST 02/28/13Currencies
-931 Major Indexes
Last | Change | % Chg | |
Nasdaq | 3162.51 | 0.26 | 0.01 |
DJ Total Stock Market | 15807.85 | -1.33 | -0.01 |
-The Jews are angry in France
DSK fails to ban the book that calls him "half man, half pig."
http://www.guardian.co.uk/world/2013/feb/26/dominique-strauss-kahn-fails-book-banned …
Be sure your sins will find you out Jews.
-Speech Mario Draghi: The policy and the role of the European Central Bank during the crisis in the euro area http://bit.ly/VNLnhY
The speech that ignited the EU last night or rather that was used as cover by the ECB and ESM as they had the massive 300 billion plus $ tender out there to run the markets. He said nothing new, like Bernanke said nothing new in his 2nd day of testimony.
-The real EU clowns are Cameron and Osborne
-Magnitude 6.9 earthquake reported off Russia's Kurile Islands – USGS
Coincidence after Kerry Lavrov meeting or the USA Pentagon at work or MI6 down in Oz? Your a mathematical and physics chump if you don't know they have been able to generate earthquakes at will since the computing technology became available in 1994. Russia and the USA signed a treaty to not use it on each other, but the USA military establishment built one whale of sized phase array system down in OZ that could easily do this.
-915 No futures ramp job yet. Where is Lew? Maybe his plan is to crash the markets today to scare Rats into concessions. Ya think?
-India's government raised spending on the poor to court support before elections, relying on higher taxes, asset sales and subsidy cuts to trim the widest fiscal deficit in major emerging nations as economic growth slows.The country targets a shortfall of 4.8 percent of gross domestic product in the 12 months starting April 1, and achieved 5.2 percent in 2012-2013, Finance Minister Palaniappan Chidambaram said in his budget speech in New Delhi today. Bonds fell the most in seven months as Chidambaram unveiled record borrowing to finance the excess of expenditure over revenue."The Indian economy is challenged," said Chidambaram, whose 2014 deficit goal is a six-year low as he strives to avert a credit-rating downgrade. "We will get out of the trough and get on to the high growth path. Fiscal consolidation cannot be effected only by cutting expenditure. Wherever possible, revenues must also be augmented."Government spending has contributed to inflation of almost 7 percent, which has limited the extent of interest-rate cuts by the central bank in an economy that expanded last quarter at the weakest pace since 2009. Chidambaram allocated 330 billion rupees ($6.1 billion) for the ruling coalition's flagship rural jobs program and 100 billion rupees for a plan to give the poor cheap food grains, ahead of a general election due by 2014. BBN
-GOOG glasses
Given if you don't keep your cell phone about 1 meter from your body and you put it up next to your head you will get brain cancer if you use it enough. What chance is there I will wear a pair of glasses with 1/2 watt transmitter next to my brain all the time? GOOG of course wants you to have to take an implantable chip to get a job or buy or sell. The Jews are an antichrist people and his agenda they pursue at least the elite Jews. GOOG glasses are the intermediate step to implanting a computer in you. Probably in your right hand or your forehead for the true believers in the NWO.
-901 Im going to add to my short position any morning pop Lew may try and engineer. Hedgies will want to take cash off the table for the Sequester meeting. Lew is like taking candy from a baby if you understand the ethos of the Talmud and its complete perversity and how it spills into the markets.
-Thug English banksters and their Kin are very, very angry
London Mayor Boris Johnson lashed out at a European Union cap on bankers' bonuses on Thursday, warning that the move will shunt banking business away from the City of London and towards Zurich, Singapore and New York.Bankers in Europe face a cap on bonuses as early as next year, following a provisional agreement in Brussels to introduce what would be the world's strictest pay curbs."People will wonder why we stay in the EU if it persists in such transparently self-defeating policies," Johnson said. "Brussels cannot control the global market for banking talent, Brussels cannot set pay for bankers around the world." Reuters
Shareholders should vote on any executive pay packages. CEO total compensation should be limited to 15 x the median wage for public firms.
I report the after hours in summary fashion in the Asia trading session , but JCP is so beloved by WS, I thought I would post a more detailed summary as it indicates how weak the USA worker is in terms of spending. Looks like APPL got a blessing by dumping this Clown Ron Johnson. I guess his masonic god did not give him any help. Bummer for America's SP500 Anglomasonic satanists. I don't think there is a single SP500 CEO who is not in the illuminati. There is a small pool of Anglosaxon and Jews, most all Masons the Corporate recruiters keep recycling. Few of these guys created anything. Some take companies down by design for 'consolidation' ordered by the English Crown.
J.C. Penney Co Inc (JCP.N) reported sales at stores open at least a year fell 31.7 percent in the fourth quarter, a much worse-than-expected plunge that might put Chief Executive Ron Johnson's future at the company at risk.The poor results for the quarter, which included the holiday season, capped a rough first year for Penney's restructuring. The company's shares fell 14.5 percent to $18.09 in after hours trading.Penney reported a net loss of $552 million, or $2.51 per share in the 14 weeks ended February 2, compared with a loss of $87 million, or $0.41 per share for a 13-week period a year earlier.Excluding restructuring charges and non cash pension plan expenses, the company posted an adjusted loss of $1.95 per share, as net sales fell 27 percent to $3.88 billion. The loss was nearly three times worse than even the most pessimistic Wall Street estimate tracked by Thomson Reuters I/B/E/S, while sales were also below forecasts.Gross margin was 23.8 percent of sales, down 6.4 percentage points from a year earlier. The company blamed lower-than-expected sales and a higher level of sales on clearance.Retailers ranging from Kohl's Corp (KSS.N) to Target Corp (TGT.N) said the holiday was heavily discount-driven, putting additional pressure on Penney's no sales, no coupon philosophy.The department store chain had $930 million in cash and cash equivalents at the end of the quarter. Analysts had been closely watching the cash figure to see if it dropped much below the $1 billion mark. Reuters
-Bankia truly bankrupt
I saw this last night in Spanish in El Pais, but was not up to translating it. It takes BBN a long time to translate articles from Spanish. Given he loves illegal immigrants so much, maybe that cheap Zionist could hire one to translate? Who really believes their accounting. Spain's GDP sank even more early this morning. Today was just Mario and the EC running down to try and fix the Italian election and Regling buying DAX Futures or telling DB to, like Lew celebrated his promotion by bashing old and buying the SP /DOW futures yesterday.
BFA-Bankia (BKIA), whose collapse last May helped push Spain into a European banking bailout, posted a record after-tax loss of 21.2 billion euros ($27.6 billion) as it cleansed soured assets from its balance sheet.The loss widened from 4.95 billion euros in 2011, Madrid- based Bankia said in a filing to regulators today. The firm booked 26.8 billion euros in provisioning charges in 2012 after its listed Bankia unit posted a net loss of 19 billion euros compared to a loss of 2.98 billion euros in 2011, it said.Spain sought as much as 100 billion euros in European bailout funds last year on concerns that mounting losses at Bankia, crafted from a merger of seven savings banks, would pile pressure on government finances. After the group took 18 billion euros of state aid, Chairman Jose Ignacio Goirigolzarri is targeting earnings of 1.2 billion euros in 2015 as he shifts soured real estate to Spain's new bad bank, sheds about 6,000 staff and closes 39 percent of its branches.The after-tax loss would have been 19.4 billion euros taking into account gains from an exchange of hybrid debt instruments, the group said. BBN
-834 Dow futures off 2 points at 14,058
-834 The U.S. economy grew in the fourth quarter – but just barely – instead of contracting for the first time in three and a half years, the Commerce Department said Thursday. The U.S. expanded at a 0.1% annual rate in the last three months of 2012, better than the initially reported 0.1% drop but well below the third quarter's 3.1% pace. Stronger residential construction and an improvement in net exports pushed growth into positive territory. They offset a bigger decline in government spending than previously suggested as well as a sharper deceleration in the buildup of business inventories. Construction spending on new homes was revised up to a 17.5% increase from 15.3%. Exports fell a revised 3.9% instead of 5.7%, while imports dropped a sharper 4.5% vs. an initially reported 3.2% decline. Consumer spending was revised down a tick to 2.1%, while government spending dropped 6.9% instead of 6.6% as originally reported. Business inventories, meanwhile, grew a scant $12 billion in the fourth quarter after previous advances of $60.3 billion in the third quarter and $41.4 billion in the second. The slower pace of inventory growth subtracted 1.6 percentage points from fourth-quarter GDP. Lower government spending chopped 1.4 percentage points off GDP. Also, the government trimmed the increase in personal income in the fourth quarter to a 6.2% gain from 6.8% previously. Inflation as measured by the PCE index rose at a subdued 1.5% rate, or by 0.9% excluding food and energy. The government revises the original GDP report twice to incorporate fresh data not available for the preliminary reading. A third and final reading will come out next month. MW
-New U.S. jobless claims drop 22,000 to 344,000
-USA 4q GDP Revised to .1 pc v .5 pc expected, -.1 on first estimate
-Euro zone governments are discussing ways to help Portugal and Ireland return to the capital markets swiftly and have voiced a preference for delaying the repayment of bailout loans by the two states, sources familiar with discussions said on Wednesday.The sources quoted from a 15-page discussion paper from the European Commission and the European Stability Mechanism (ESM) that was debated last week by deputy finance ministers from the euro zone.Finance ministers from the so-called Eurogroup may discuss the matter at their next meeting in Brussels on Monday."They are favouring an extension of maturities of the EFSF and EFSM loans in order to avoid bottlenecks in paying back (the loans)," one of the sources with knowledge of the document told Reuters, speaking on condition of anonymity…Another source said Germany was blocking a deal over concerns it would need to get approval from the Bundestag's budget committee or plenary. Reuters
-Sequester gridlock
"The meeting Friday is an opportunity for us to visit with the president about how we can all keep our commitment to reduce Washington spending, We can either secure those reductions more intelligently, or we can do it the president's way with across-the-board cuts. But one thing Americans simply will not accept is another tax increase to replace spending reductions we already agreed to" . Sen. Mitch McConnell
- 815 Netherland spreads widened after London chatter indicated it's AAA rating could be headed for a downgrade, though failed to say which agency. PM Rutte said it was unlikely that the 2013 budget deficit target would be met and spreads reversed earlier tightening. There were no significant bond auctions in Europe today, just Hungary selling some 12 months bills, that were well bid. Italians spreads continued to improve on speculation the bond holders would force Berlusconi and Bersani to form a governing coalition.
German 10y 1.45 -0.01 l 0.40%
Italy 10yr 4.70 -0.05 , 1.08%
Spain 10yr 5.14 -0.10, 1.95%
U.K. 10yr 1.96 -0.00 , 0.10%
- In China, the PBOC drained liquidity from the money market for the week
-European Session Economic Release Summary
(EU) Feb Eurocoin: -0.20% v -0.23% prior
-Shares of Groupon Inc. G fell 27% on Thursday in premarket trading. The company, which provides daily deals online, reported a surprise fourth-quarter loss on Wednesday and forecast first-quarter revenue that was less than expected. The company said its loss widened to $81.1 million, or 12 cents a share, in the fourth quarter from a year-ago loss of $65.4 million, or 12 cents a share. Quarterly revenue rose to $638.3 million from $492 million last year. Analysts polled by FactSet had expected earnings of 3 cents a share and revenue of about $640 million. Groupon was downgraded to a market perform rating from outperform by Wells Fargo on Thursday. MW
-Kohl's Corp. said Thursday that its fiscal fourth-quarter profit fell to $378 million, or $1.66 a share, from $455 million, or $1.81, a year earlier. Sales in the quarter ended Feb. 2 rose 5.4% to $6.34 billion. Comparable store sales rose 1.9%. Analysts, on average, estimated the mid-priced department-store operator to earn $1.64 a share, according to FactSet. Kohl's forecast profit of 55 cents to 63 cents a share in the first quarter and $4.15 to $4.45 for the year. Analysts were looking for profit of 65 cents a share in the first quarter and $4.48 for the year, FactSet data showed. . The company's board on Wednesday also raised its quarterly dividend by 9% to 35 cents a share. Kohl's shares fell 1.2% in premarket trading. MW
-738 Europe
Country: Index | Last | Change | % Chg |
Europe Dow | 1695.43 | 5.74 | 0.34 |
Stoxx Europe 50 | 2634.52 | 14.89 | 0.57 |
Stoxx Europe 600 | 288.72 | 1.55 | 0.54 |
Euro Stoxx 50 | 2620.70 | 8.81 | 0.34 |
Euro Stoxx | 265.34 | 1.13 | 0.43 |
Austria: ATX Index | 2458.85 | 24.51 | 1.01 |
Belgium: Bel-20 | 2555.75 | 11.52 | 0.45 |
Denmark: OMX Copenhagen 20 | 546.04 | 3.00 | 0.55 |
Estonia: OMX Tallinn | 762.49 | -0.49 | -0.06 |
Finland: OMX Helsinki | 6208.77 | -8.45 | -0.14 |
France: CAC 40 | 3703.46 | 11.97 | 0.32 |
Germany: DAX | 7725.49 | 49.66 | 0.65 |
Greece: Athex Composite Share Price | 1018.73 | 20.25 | 2.03 |
Greece: DJ Greece TSM | 766.96 | 15.32 | 2.04 |
Greece: FTSE/ATHEX 20 | 339.13 | 7.65 | 2.31 |
Iceland: OMX Iceland All-Share | 770.72 | -5.17 | -0.67 |
Ireland: ISEQ Overall | 3751.04 | 29.40 | 0.79 |
Italy: FTSE MIB | 15827.35 | 0.33 | 0.00 |
Latvia: OMX Riga | 400.74 | 2.52 | 0.63 |
Lithuania: OMX Vilnius | 368.10 | -1.12 | -0.30 |
Netherlands: AEX | 338.82 | 1.45 | 0.43 |
Norway: OSE All-Share | 521.11 | 1.13 | 0.22 |
Portugal: PSI 20 | 6018.84 | 17.31 | 0.29 |
Russia: DJ Russia Titans | 6350.56 | -11.10 | -0.17 |
Spain: IBEX 35 | 8180.00 | 43.30 | 0.53 |
Sweden: OMX Stockholm | 373.88 | 0.30 | 0.08 |
Switzerland: Swiss Market | 7544.65 | 59.66 | 0.80 |
UK: FTSE AIM All-Share | 742.61 | 2.51 | 0.3 |
-Pick it up in the USA morning. Europes 'silent' today, especially Italy. Maybe the have not gotten into work yet. The Goodyear CEO said work did not happen until the afternoon in Europe, after a long lunch.
-USA Trading Day Ahead
Q4 GDP is expected to be revised up to .5 pc y/y from -.1 pc in first estimate
Weekly Bill Settlement
2-Yr Note Settlement
5-Yr Note Settlement
7-Yr Note Settlement
30-Yr TIPS Settlement
-Bayer AG (BAYN) said sales will rise 4 percent to 5 percent this year, shares are up 1.5 %
-German unemployment unexpectedly fell in February amid signs that Europe's biggest economy is returning to growth after a contraction at the end of last year.The number of people out of work fell a seasonally adjusted 3,000 to 2.92 million, the Nuremberg-based Federal Labor Agency said today. Economists had predicted unemployment to be unchanged. The adjusted jobless rate held at 6.9 percent this month.
-Italy is headed for a broad coalition government as bondholders pressure Pier Luigi Bersani and Silvio Berlusconi to set aside their rivalries and form a partnership, said Finance Undersecretary Gianfranco Polillo.A joint government between Bersani's Democratic Party and the forces led by Berlusconi, a three-time former premier, is "the only possible way," Polillo said late yesterday in a telephone interview. BBN
-EU 'Troika' rule in Ireland worse than British Empire-AEP
Of course he leaves out the UK engineered the bubble and take down of Ireland, and London Lackey Lagarde, friends with Jacob Rothschilds wife and City of London confidante runs the show at the IMF. The Germans are squeezing Ireland too hard, but not starving and taking people actual physical slaves like the English did, nor raping and murdering, so AEP is putting you on a bit with this article, and the Irish trade unionist is a historical idiot.
-Communist China is very upset Tibetans wanting to be free are immolating themselves. So their solution is arrest you if you're a Tibetan Buddhist monk, and put you in a slave labor camp. Free Tibet. Chinacoms go home.
-337 Europe
Country: Index | Last | Change | % Chg |
Europe Dow | 1700.21 | 10.52 | 0.62 |
Stoxx Europe 50 | 2633.98 | 14.35 | 0.55 |
Stoxx Europe 600 | 288.77 | 1.60 | 0.56 |
Euro Stoxx 50 | 2628.55 | 16.66 | 0.64 |
Euro Stoxx | 265.94 | 1.73 | 0.65 |
Austria: ATX Index | 2467.15 | 32.81 | 1.35 |
Belgium: Bel-20 | 2557.71 | 13.48 | 0.53 |
Denmark: OMX Copenhagen 20 | 545.63 | 2.59 | 0.48 |
Estonia: OMX Tallinn | 763.69 | 0.70 | 0.09 |
Finland: OMX Helsinki | 6244.49 | 27.26 | 0.44 |
France: CAC 40 | 3713.15 | 21.66 | 0.59 |
Germany: DAX | 7737.91 | 62.08 | 0.81 |
Greece: Athex Composite Share Price* | 998.48 | 6.92 | 0.70 |
Greece: DJ Greece TSM | 755.86 | 4.22 | 0.56 |
Greece: FTSE/ATHEX 20* | 331.48 | 2.54 | 0.77 |
Iceland: OMX Iceland All-Share* | 775.89 | -3.64 | -0.47 |
Ireland: ISEQ Overall | 3740.67 | 19.03 | 0.51 |
Italy: FTSE MIB | 15893.43 | 66.41 | 0.42 |
Latvia: OMX Riga | 397.54 | -0.67 | -0.17 |
Lithuania: OMX Vilnius | 369.40 | 0.18 | 0.05 |
Netherlands: AEX | 338.79 | 1.42 | 0.42 |
Norway: OSE All-Share | 523.35 | 3.37 | 0.65 |
Portugal: PSI 20* | 6001.53 | -8.54 | -0.14 |
Russia: DJ Russia Titans | 6389.90 | 28.24 | 0.44 |
Spain: IBEX 35 | 8221.30 | 84.60 | 1.04 |
Sweden: OMX Stockholm | 374.20 | 0.62 | 0.17 |
Switzerland: Swiss Market | 7511.90 | 26.91 | 0.36 |
UK: FTSE AIM All-Share | 742.30 | 2.20 | 0.30 |
-Greeks Only Hope..Drill baby Drill.
The Development Ministry was brimming with optimism on Wednesday upon the completion of the PGS survey vessel's missions in the Ionian Sea and south of Crete. Norwegian company Petroleum Geo-Services has been conducting seismic surveys that will illustrate to what extent estimates regarding the quantities of hydrocarbon reserves in the two areas are correct.However, the mere fact that two top oil companies, French Total and US ExxonMobil, are said to have already expressed an interest in acquiring the data gathered by PGS shows that the high expectations that the rich reserves found in Israel and Cyprus extend to Greece are set to be confirmed.The interest of the two multinationals has not yet been formally announced, but it has been confirmed by government sources and in the statement the ministry issued regarding the completion of the ship's mission."The collected data go over and beyond the original planning due to the interest expressed by hydrocarbon companies which, even if they are few in number given the early phase the program is in, are among the leading firms in the sector," the ministry statement read yesterday.In the four months leading up to last week, PGS surveyed an area over 55 percent bigger than originally planned, upon the request of the oil companies. However, a clear picture of the real interest of the oil industry in the utilization of hydrocarbon reserves in Greece will emerge toward the end of the year. That is when the government is expected to proceed to splitting the area into blocks so as to start conceding them for utilization.Regarding the rich reserves believed to be south of Crete, Athens's aim is to have the concession contracts with the chosen companies signed in the first half of 2015 so that drilling can start with a view to concluding by 2018-19.The three areas of interest in the Ionian Sea will be drilled even earlier as they are in the open-door process, allowing any company to bid for their concession.
-German construction company Hochtief AG Thursday said it would pay a 2012 dividend after swinging to profit last year, and said it would realign its business to focus on core competencies.Hochtief aims to sustainably increase profitability by reducing net debt, focusing on infrastructure projects, and implementing a comprehensive action package.The company proposed a 2012 dividend of EUR1, after withholding a dividend for 2011.New orders in 2012 reached a total of EUR31.49 billion, up 24%.Work done totaled EUR29.69 billion in 2012, up 15% compared with the prior year.The 2012 order backlog grew 2.3% to EUR49.79 billion, equivalent to a good 20 months' work.Profit before taxes came to EUR546.4 million, compared with a loss of EUR127 million in 2011.Net profit amounted to EUR158.1 million, compared with a 2011 net loss of EUR160.3 million.Hochtief said earnings fell short of the Group's own expectations in 2012. In 2013, pretax and after-tax profit should rise between 10% and 20%. Shares are down 5+ pc in early trading in Europe
-Royal Bank of Scotland Group PLC Thursday said it will float part of its U.S. retail bank and retreat further from investment banking in an effort to shore up capital and get in shape for an eventual privatization.The 81%-state-owned lender said revenue across the group was GBP25.79 billion, down from GBP27.71 billion in 2011. The year's net loss widened to GBP5.97 billion from 2011′s GBP2 billion.
-China Close
Shanghai up 2.26, Hong Kong up 1.94 pc
China: DJ CBN China 600* | 22194.03 | 609.21 | 2.82 |
China: DJ Shanghai* | 303.48 | 8.08 | 2.74 |
China: Shanghai Composite* | 2365.59 | 52.37 | 2.26 |
China: Shenzhen Composite* | 966.42 | 20.56 | 2.17 |
China: Shanghai 50* | 1956.61 | 67.13 | 3.55 |
Hong Kong: Hang Seng | 23016.08 | 439.07 | 1.94 |
-I put on some more DAX short on the Draghi BS at the opening
-Istituto Nacional de Estadistica said that Spanish GDP fell to -0.8%, from -0.7% in the preceding month.Analysts had expected Spanish GDP to fall -0.7% last month.
-300 London Opens
German DAX 30 index up 0.7% to 7,728.10
French CAC 40 index up 0.4% to 3,704.91
FTSE 100 index up 0.5% to 6,360.11
Stoxx Europe 600 index up 0.4% to 288.37
German DAX 30 index up 0.7% to 7,728.10
German 10y 1.47+0.01, -.98 %
Italy 10yr 4.74-0.01, 0.24%
Spain 10yr 5.21-0.03, 0.61%
Gold | 1600.50 | +4.80 | +0.30% | |||
Silver | 29.155 | +0.170 | +0.59% | |||
Copper | 3.591 | +0.024 | +0.68% | |||
Crude Oil | 92.52 | -0.24 | -0.26% | |||
Natural Gas | 3.440 | +0.006 | +0.17% | |||
US Cotton No.2 | 84.32 | -0.06 | -0.07% | |||
US Coffee C | 143.28 | +0.62 | +0.44% |
-Deutsche Telekom AG said Thursday it swung to a net profit in the fourth quarter, after charges had hurt its earnings a year earlier, and confirmed its full-year guidance for 2013.Net profit was 793 million euros ($1.04 billion) in the fourth quarter, up from a EUR1.34 billion loss a year earlier when the German company booked a EUR2.3 billion impairment charge on its U.S. unit T-Mobile USA.Total revenue declined 1.4% to EUR14.71 billion, with the company citing ongoing competitive and price pressures.Telekom's sales have been falling for three years now due to its U.S. cellular operator's lack of scale and competitive pressure on its German fixed-line business, where rival cable operators with fiber optic networks offer much higher Internet speeds than those provided by Telekom's decades-old copper cables. MW
-Swiss Invent new Monster Corn to poison your kids
Swiss agrochemicals company Syngenta AG Thursday said the U.S. Department of Agriculture has approved its Agrisure Duracade corn rootworm trait. The approval enables launch of the product, which contains a protein to control corn rootworm, to be launched in the U.S. for the 2014 planting season. USDA data showed a tenfold reduction in Western corn rootworm beetle emergence, Syngenta said. Syngenta Chief Operating Officer, Davor Pisk, said: "The technology will be available at a time when insect resistance is a rising challenge. Its proven dual mode of action will be indispensable for the effective management of corn pests and will raise farm productivity." Hybrid seeds containing Agrisure Duracade will be available for the 2014 season, Syngenta said. MW
-Jim Rickards @JamesGRickards
Dysfunction in Congress, media & #WhiteHouse typical of culture where elites suddenly perceive society is lost & they're out for themselves.
-Germany Liable for €112bn of Bailout Money- Handelsblatt
-"Die eigentliche Gold-Rally kommt erst noch", meint zumindest Perma-Edelmetall-Bulle Uwe Bergold.
I guess the Italian election results don't matter at all. All the paid off newsletter writers are signaling a DOW Theory buy signal. The USA stock market last time that happened was about that the same level before the SP and DOW crashed with the SP ending at 666. DOW theorist like Richard Russell issuing buy signals typical is the same type of signal as the worlds highest building going up, typically always preceding a crash in the country with the Nimrod hubris.
Futures Index | Value | % Change | Open | High | Low | Time |
Americas Futures | ||||||
DJIA INDEX FUTURE Mar13 | 14,068.00 | +0.06% | 14,067.00 | 14,082.00 | 14,060.00 | 02:23:27 |
S&P 500 FUTURE Mar13 | 1,516.40 | +0.04% | 1,516.10 | 1,518.40 | 1,515.30 | 02:25:07 |
NASDAQ 100 FUTURE Mar13 | 2,743.00 | +0.09% | 2,742.75 | 2,745.25 | 2,742.25 | 02:08:32 |
Europe, Middle East & Africa Futures | ||||||
EURO STOXX 50 Mar13 | 2,623.00 | +0.42% | 2,628.00 | 2,628.00 | 2,622.00 | 02:20:16 |
FTSE 100 IDX FUT Mar13 | 6,343.50 | +0.41% | 6,350.00 | 6,353.50 | 6,343.00 | 02:20:29 |
DAX INDEX FUTURE Mar13 | 7,712.50 | +0.49% | 7,722.50 | 7,725.00 | 7,712.00 | 02:20:1 |
-Toronto is awash in real estate. There were 144 skyscrapers under construction in late February, more than in any other city in the world, according to SkyscraperPage.com. Proposals for new condos reached 253,768 units at the end of the fourth quarter, up 10 percent from a year earlier, Toronto-based research firm Urbanation Inc. says. Four luxury hotels, each featuring condos, have opened in the past two years. BBN
-0135 Asia
Tokyo stocks rebounded sharply Thursday in response to Wall Street gains overnight, with the Nikkei Stock Average soaring 305.39 points, up 2.71%, to end the day at 11,559.36. The Y/D finished near flat by the end of the session.
In an important policy speech Thursday, Japanese Prime Minister Abe returned his focus squarely to the need for a strong defense and diplomatic posture, calling on China to refrain from "dangerous acts," and rejecting outright that any territorial dispute exists between the two countries that needs to be resolved.Opening his speech with a call for a strong, independent Japan, Mr. Abe went on to say, "There is no ownership dispute that requires resolution," since the Senkaku Islands "clearly belong to Japan." The islands are also claimed by China, which calls them the Diaoyu.Mr. Abe characterized an incident in January when Chinese naval vessels locked weapons radar on a Japanese vessel a "dangerous act that can escalate matters." China denies official knowledge of the incident.The speech was the second part of a broad, two-part policy outline. Unlike the first part delivered Jan. 28, it was light on economic matters, barely touching upon the so-called "Abenomics" approach of unlimited monetary easing and economic pump-priming that were the cornerstones of last month's speech.While he offered assurances that the relationships with China and South Korea are important and shouldn't be affected by individual problems, the address was a stark contrast to the one in January, when security issues received only cursory mention.Instead, the focus this time was on diplomacy and defense–subjects the hawkish prime minister is widely known to have strong views on, but which have been toned down in favor of the economy.Continued challenges to our borders and sovereignty have raised the hostility level of our security environment," Mr. Abe said.Quoting the words of former U.K. prime minister Margaret Thatcher during the 1980s conflict with Argentina over the Falkland Islands, Mr. Abe said "the rule of international law must triumph over exertion of force." He added that recent threats to Japan's territorial boundaries are a "clear and present danger" to the international community.Referring to his meeting with U.S. President Barack Obama last week, Mr. Abe took credit for restoring Japan's linchpin diplomatic relationship with the U.S. that his party claims was damaged during the three-year rule of the Democratic Party of Japan.However, he remained silent on whether Japan would join the Trans-Pacific Partnership free trade pact, reiterating only that the government would make a decision going forward.Participation in the TPP is highly divisive for the ruling Liberal Democratic Party, over which the agricultural sector has significant influence. (Nikkei)
Japan's Ministry of Economy, Trade and Industry's (METI) raised industrial production assessment and said output has stopped falling,and they see signs of pickup. Japan's preliminary industrial production in Jan was down 1 % m/m and -5.1 % y/y, below expectaton. Orders for industrial machinery from domestic and foreign clients for fiscal 2013 are expected to rise 4.4% from the current fiscal 2012 estimate to 5.17 trillion yen, the Japan Society of Industrial Machinery Manufacturers said Thursday
BOJ Shirakawa said the BOJ cannot purchase foreign bonds for the purpose of intervention, will continue to supply a large amount of funds to the market in an address to the diet. BOJ Board member Kiuchi said the BOJ to consider easing policy further and the BOJ sees some risk of economy undershooting long-term forecast. Japan PM Abe formally submitted ADB's Kuroda's application to the Diet as the BOJ Gov. nominee.
Japan's economy minister stressed the importance of beating deflation for economic growth, and reiterated hopes for the Bank of Japan to implement monetary easing to accomplishing this."Monetary policy is extremely important because if deflation persists, the effects of fiscal steps and the growth strategy being undertaken by the government will be limited," Economy Minister Akira Amari said during a speech to parliament.The government and the BOJ in January agreed to a 2% inflation target that the government says is the responsibility of the central bank.In his speech, Mr. Amari said "we strongly hope the BOJ will implement bold monetary easing steps to achieve the price target at the earliest possible time."That will likely worsen Japan's already severe fiscal conditions, at least in the short term. But Mr. Amari stressed that the government remains committed to meeting its goal of improving to deficit."We will aim to achieve cutting the fiscal 2010 deficit by half by fiscal 2015, and realize a surplus by fiscal 2020," Mr. Amari said. (Nikkei)
Komatsu may report FY13/14 operating profit over ¥300B vs ¥230B forecasted for FY12/13 per Nikkei. Denso is to build facility in Japan and will invest approx ¥11.5B. TM to resume hiring seasonal workers to help boost domestic output due to weakness in JPY and strong demand . Japan's shipbuilders, struggling amid an industry slump, are hoping that building floating structures for offshore wind power generation will become a major revenue source.
Moving on to China, and leaving the land of the rising sun, China reported crippling air quality in the Beijing region and that a severe drought had set in , in South West China.
Growing demand has led China's yuan to overtake the Russian ruble as a currency used for global payments, according to SWIFT, a messaging system used by international banks. The Chinese Yuan is in 13 th place for global settlements.
Almost half of China's provinces are setting their growth sights lower in the wake of the central government's emphasis on the quality of expansion over speed, a sign of an increased focus on tackling rising debt.Fourteen provinces have set lower targets for gross domestic product expansion this year than in 2012 and the other 17 left their goals unchanged, according to Nomura.
Analysts forecast China Feb new yuan loans to reach RMB750B. Liu Yuhui, director of the financial lab at the Chinese Academy of Social Sciences, a government think tank, said although financing activities in the country appear to be rampant, most of the newly borrowed money is used to repay debts instead of forming revenue among companies."We can see that the ratio of money to gross domestic product has been increasing, which means the economy needs increasing capital to promote than previously."Last year, social financing, which included bank and non-bank loans, bond issuance and stock sales, set a record high of nearly 16 trillion yuan ($2.54 trillion). The ratio of M2, a broad measure of money supply, against GDP stood at a record high of 188 percent at the end of last year.The proportion of the increase in enterprises' one-year deposits to total social financing dropped to 20 percent in 2012 from 40 to 50 percent seven years earlier, Liu said."Accumulation of debts is pushing up the leverage ratio among companies, with the whole economy more difficult to shore up."He said that by adding loans extended to local governments through financing vehicles, the problem becomes more severe.Liu estimated local government debt in the financial system at somewhere between 13 trillion yuan and 14 trillion yuan, with interest rates to be paid each year standing at 700 billion yuan to 800 billion yuan.Rolling over loans has become a widely adopted measure among Chinese banks since last year as lending extended during the financial crisis to stimulate economic growth gradually became due but could not be paid back on time.According to a survey released by the China Banking Association at the end of last year, more than half of the 850 bankers surveyed said they support the practice of rolling over mature loans, saying this offers a way to ensure projects have good cash flow and that the loans will eventually be repaid following a grace period.Many banks would rather maintain the lending as long as interest rates could be paid, instead of classifying the loans as non-performing assets, Liu said.China's M2 growth accelerated substantially to a 22-month high of 15.9 percent year-on-year in January from 13.8 percent in December.In January, commercial banks extended more than 1 trillion yuan in new loans, and bank off-balance-sheet and non-bank channels offered another 1.5 trillion yuan of new credit to the economy, according to data from the People's Bank of China, the central bank.Social financing reached 2.54 trillion yuan last month, up 1.56 trillion yuan year-on-year.The increase in enterprises' deposits in January, which stood at 117.9 billion yuan, was much lower than that of individuals' savings, which stood at 749.9 billion yuan.Zhao Xijun, deputy dean of the school of finance at Renmin University of China in Beijing, said the current monetary condition basically matches well with the economy, judging by the fluctuation of consumer goods and asset prices."It's very difficult to measure the impact after the central bank issued money, and controls where the capital flows into. Price levels could be a fair and final criteria to draw a conclusion."He said the declining proportion of companies' deposits to total financing could also be translated into their increasing involvement in asset transactions as the financial market develops.Formation of social capital contributed to more than 50 percent of GDP growth last year, maintaining a strong engine for the economy, although probably much of the money went into asset transactions, Zhao said.
As the United States continues its focus on Asia, from military and economic standpoints, it still faces an uphill climb to convince many in China of its strategic intention.Various polls have shown that many Chinese people see the US' rebalancing in a negative light. Many say it poses a serious threat to China's security.The Chinese business community says the Trans-Pacific Partnership, a free trade agreement that the US has been aggressively pushing as the key economic component of its strategy in Asia, is designed to exclude China, the world's second largest economy.
China Electricity Council (CEC) said 2013 total power consumption will increase +6.5-8.5% v 5.5% in 2012.
The Shanghai Composite is up 1.87 pc and the Hang Seng 1.37 pc.
The Kospi finished up 1.12 %. There was little hard news out of Korea tonight on the geopolitical front. South Korean Jan Industrial production M/M was -1.5% V +0.3%E, but Y/Y: 7.3% V 5.0%E figures for industrial production were excellent.
Qualcomm's new chip for smartphones is expected to be a game changer in a global smart phone chip market currently dominated by Samsung Electronics. Qualcomm's new chip the "RF360 Frond End Solution" eliminates radio frequency band fragmentation as the firm has combined all LTE platforms into it.The development is widely viewed as a possible adverse factor for Samsung, because the Qualcomm chip provides Apple with a "second chance" to lift its smartphone business. It will help Apple roll out i-branded devices in all markets, simultaneously.Right after the Qualcomm announcement, Samsung admitted it felt uncomfortable about Apple's revival in the heated smartphone race."The Qualcomm chip will make Apple more powerful. We should introduce more devices that support Long-Term Evolution (LTE) ahead of Apple to maintain our bottom line and widen our current lead," a senior Samsung executive said in The Korea Times. This chip's support for second-generation (2G), third-generation (3G), fourth-generation (4G) LTE and LTE Advanced means that it supports all 40 mobile radio bands currently in use. In North America, major carriers are using 700-megahertz (MHz) and 2100 MHz as LTE networks, while 800 MHz, 1800 MHz, 2300 MHz and 2600 MHz are being used in Europe. In the Asia-Pacific region, there are two LTE-customized LTE bandwidth — 1800 MHz and 2100 MHz, while China is using TD-LTE tech as the nation's sole LTE frequency. Samsung targets to sell 510 million phones this year by shipping at least 100 million per quarter. Apple is preparing a major comeback with updated versions of the iPad and iPhone in the latter half of 2013, which may use the Qualcomm chip, said industry sources.
The Reserve Bank of Australia said that Australian private sector credit increased by 0.2% in January after a 0.4% increase in December. Analysts expected a January rise of 0.3%. The Australian Bureau of Statistics said that Australian private new capital expenditure fell to a seasonally adjusted rate of -1.2% in the fourth quarter from 1.1% in third quarter. The third-quarter reading was revised down from 2.8%. Analysts expected a fourth-quarter increase of 1%. The RBA released data earlier in the day that showed the Aussie was overvalued by as much as 15% late last year. In the research, RBA did not think the strong Aussie dollar was facilitating serious contraction in the economy. RBA said as many as 34 global central banks hold Australian dollars with new additions to that list possibly including China, France, India, South Korea, Thailand and South Africa. The Aussie has been the best-performing developed market currency against the $ since 2008. The ASX finished up 1.34 %.
Economic Release Summary
(AU) AUSTRALIA Q4 PRIVATE CAPITAL EXPENDITURE Q/Q: -1.2% V +1.0%E (biggest decline in 10 quarters)
(NZ) NEW ZEALAND FEB ANZ BUSINESS CONFIDENCE: 39.4 V 22.7 PRIOR (17-month high); ANZ ACTIVITY OUTLOOK: 37.6 V 31.4 PRIOR
(JP) JAPAN FEB MARKIT/JMMA MANUFACTURING PMI: 48.5 V 47.7 PRIOR (8-month high)
(KR) SOUTH KOREA JAN CYCLICAL LEADING INDEX CHANGE Y/Y: -0.2% V +0.4% PRIOR (first decline in 3 months)
Commodity and FX
Gold | 1601.40 | +5.70 | +0.36% | |||
Silver | 29.148 | +0.163 | +0.56% | |||
Copper | 3.600 | +0.023 | +0.65% | |||
Crude Oil | 92.81 | +0.06 | +0.06% | |||
Natural Gas | 3.459 | +0.046 | +1.36% | |||
US Cotton No.2 | 84.50 | -0.04 | -0.05% | |||
US Coffee C | 143.28 | +0.62 | +0.44% |
Japan 10yr 0.67-0.01, 1.85%
U.S. 10yr 1.90-0.00, 0.21%
SLV: iShares Silver Trust ETF daily holdings rise to 10,617 tons from 10,602 tons prior (highest since 10,690 on Jan 23rd)
GLD: SPDR Gold Trust ETF daily holdings fall by 12.0 tons to 1,258.4 ton (lowest since 1,258 on Aug 15th; 7th consecutive session of decline)
-USA After Hours Summary
RGR: Reports Q4 $1.00 v $0.73e, R$141.8M v $124Me; +2.8% afterhours
MYL: Reports Q4 $0.65 v $0.64e, R$1.72B v $1.73Be; To Acquire Agila for $1.6B; to Create Leading Global Injectables Platform; +2.4% afterhours
LTD: Reports Q4 $1.76 v $1.73e, R$3.86B v $3.79Be; -0.3% afterhours
JCP: Reports Q4 -$1.95 v -$0.23e, R$3.88B v $4.16Be; -13.4% afterhours
GRPN: Reports Q4 -$0.05 v $0.03e, R$638M v $639Me; -26.0% afterhours
VALE: Reports Q4 Net $1.9B v $4.9B y/y, R$12.0B v $14.8B y/y
-Gunfire, chants mark Wounded Knee anniversary
WOUNDED KNEE, S.D. (AP) — A Pine Ridge Indian Reservation resident who found herself in the middle of the 1973 Wounded Knee occupation said Wednesday amid ceremonial gunfire and chants that little has changed since the fatal standoff.
Faith White Dress was on the Pine Ridge Indian Reservation 40 years ago when about 200 members of the American Indian Movement and their supporters huddled in houses, some with guns, to protest alleged corruption within the tribal government. Two Native Americans were killed, an activist went missing and a federal agent was wounded.
White Dress and others gathered Wednesday to remember the fatal 71-day standoff. During gunfire to mark the anniversary of the start of the occupation, she said the Oglala Sioux Tribe is still struggling.
"Unemployment is so high and the oppression is still so bad," she said. "I don't think it's going to take violence. It's going to take a gathering to determine how to bring jobs here. We need libraries. We need more of our children to have a better future."
Hundreds of people walked from nearby villages to the site of the occupation, drumming and chanting. Once at the site, the same place where in 1890 soldiers slaughtered an estimated 300 Native American men, women and children, AIM and their supporters continued to drum and chant and fire off gunshots into the air.
This year's events include memorials for AIM's charismatic leader, Russell Means, who died in October at age 72 after batting throat cancer. This is the first anniversary of the occupation since Means' death.
About 200 people gathered at a high school on Pine Ridge for the second of four planned ceremonies to honor Means. Friends, family and colleagues recalled Means as a man who taught his people how to stand up for themselves.
"He was articulate … a proud Lakota," said Oglala Sioux president Bryan Brewer. "Today he is a version of our modern day Crazy Horse."
AIM leaders herald how much life has improved for Native Americans since the Wounded Knee occupation and other events in the 1970s. AIM was started in the late 1960s to protest the U.S. government's treatment of American Indians and demand that it honor its treaties with Indian tribes.
During the standoff, White Dress and two of her friends from the Pine Ridge Indian Reservation skipped school, sneaked through barricades and stumbled into the middle of the action. The 14-year-olds were able to find shelter with a woman who persuaded the girls to sing songs to drown out the gunfire that erupted at all hours of the day.
Tribal members such as White Dress now quietly acknowledge that although the occupation put Pine Ridge on the map, it has had little lasting effects. With unemployment on the reservation as high as 80 percent, a job in tribal government is coveted. And for those who don't have one, life can be hard, White Dress said.
"There's a lot of animosity amongst the people," added White Dress, who is unemployed and takes care of her grandchildren.
Those same divisions were evident 40 years ago at the start of the occupation and the previous decade when members of AIM and their backers fought then-tribal President Dick Wilson and his supporters, as well as the FBI, which has jurisdiction on tribal land.
"It hasn't changed at all, which is sad," said Wendell Bird Head, a tribal member who now lives in Cresent, Iowa, and teaches Lakota. Bird Head was 19 when the standoff started and tried unsuccessfully to get past the road blocks to join in.
Others, however, are adamant that the occupation brought about greater sovereignty for tribes.
"Tribes started getting independent and speaking up," said Herb Powless, 76, of Oneida, Wis.
Powless, a member of the Oneida Nation, traveled to Pine Ridge in the early 70s at the behest of AIM following the death of Raymond Yellow Thunder, an Oglala Sioux tribal member killed by four white men.
Powless later was arrested in Hot Springs after authorities found 600 pounds of dynamite and a variety of weapons in his car. Already a convicted felon, he spent a year in prison in Sioux Falls.
-Netanyahu Spurns Reports of Iran Talk Progress, Demands Military Threats
Iran Won't Give in to Demands, Netanyahu Predicts
Though the people who were actually at the Kazakhstan negotiations between Iran and the P5+1 were upbeat after the talks, with Iranian officials hailing them as a breaking point, Israeli Prime Minister Benjamin Netanyahu condemned the talksagain today, insisting Iran would never accept any offers.
Netanyahu insisted that Iran has flouted "all international standards" and demanded that the P5+1 threaten to attack Iran, saying that only military means could ever force Iran into giving up their civilian nuclear program.
Though Iran has refused to give up its civilian program, it doesn't seem that is the demand of the international community any longer, however, and today's talks suggest that the Western goal is to convince Iran to reduce the current size of its enrichment program in return for a reduction of sanctions, something both seem open to.
The real test is if this will be "good enough" for Israel, particularly for Netanyahu, who has been demanding a global war against Iran for years. The US negotiating team at the Kazakhstan talks isn't even returning straight to the US, but is instead stopping off in Israel on the way home to try to convince Israel that negotiations aren't the end of the world. All indications are it will be a tough sell.
-Iran Cheers Latest Offer as 'Turning Point' in Negotiations With West
Iran Would Not Have to Close Uranium Enrichment Site, Could Keep Medical Isotope Fuel
Iranian officials were upbeat today at what was described as a "realistic" series of offers by Western officials at the ongoing P5+1 talks in Kazakhstan, saying they marked a major turning point in the talks.
The exact details of the concessions are not all public knowledge yet, but reportedly includes allowing Iran to continue to produce medical isotopes and an offer to relax sanctions, including an end to the ban on petrochemical trades, in return for a "suspension" of enrichment at Fordo.
This is a major shift on two fronts, as previous reports had the West only offering to allow Iran a trivial amount of grey-market gold bartering and had demanding not just a suspension of Fordo, but a complete dismantling of the facility.
No deal has been agreed to yet, but the potential seems to be there, with both sides agreeing to a side meeting in mid-March in Istanbul to discuss details and a follow-up in Kazakhstan in early April, potentially for a final agreement.
-Geopolitical Headlines
-Obama furious at Fire Island!!
Keep your trunks on: Crackdown planned on nude bathing at New York's Fire Island
-The Federal Reserve's bond-buying programs, also known as quantitative easing, are not working, are benefitting the wrong people and may even be counterproductive, said Richard Fisher, president of the Dallas Fed Bank, on Wednesday. In his harshest criticism to date of the Fed's $85 billion-a-month purchases of Treasurys and mortgage-related assets, Fisher said the gears of the housing market are starting to work and there is a "risk of overkill" by continuing the program. "So, I have argued that it would be best to taper the dose of QE so that markets can adjust gradually to the eventual removal of this treatment and return to pricing securities on the basis of fundamentals," Fisher said. Fisher said the Fed was conducting Buzz Lightyear monetary policy, "pledging to hold the federal funds rate at zero seemingly to infinity and beyond." He called asset purchases "monetary Ritalin" for financial markets. Asked earlier Wednesday by members of the House Financial Services Committee about dissent within the central bank, Fed chairman Ben Bernanke said he disagreed with opponents of QE and said the public debate was a credit to the institution. MW
-0036 Big Up day in Asia
Country: Index | Last | Change | % Chg |
Asia Dow | 3006.16 | 38.45 | 1.30 |
DJ Asia-Pacific TSM | 1375.13 | 17.68 | 1.30 |
Australia: All Ordinaries* | 5125.40 | 72.30 | 1.43 |
Australia: S&P/ASX* | 5109.80 | 73.20 | 1.45 |
China: DJ CBN China 600 | 22055.39 | 470.57 | 2.18 |
China: DJ Shanghai | 301.49 | 6.09 | 2.06 |
China: Shanghai Composite | 2340.37 | 27.15 | 1.17 |
China: Shenzhen Composite | 958.08 | 12.22 | 1.29 |
China: Shanghai 50 | 1922.14 | 32.67 | 1.73 |
Hong Kong: Hang Seng | 22896.79 | 319.78 | 1.42 |
India: BSE Sensex | 19271.36 | 118.95 | 0.62 |
India: S&P CNX Nifty | 5829.45 | 32.55 | 0.56 |
Indonesia: JSX Index | 4771.94 | 55.52 | 1.18 |
Indonesia: JSX BISNIS 27 | 416.46 | 6.54 | 1.60 |
Indonesia: JSX Islamic | 642.17 | 6.31 | 0.99 |
Indonesia: JSX LQ-45 | 820.08 | 11.56 | 1.43 |
Indonesia: PEFINDO-25 | 501.71 | 4.32 | 0.87 |
Indonesia: SRI-KEHATI | 260.28 | 4.33 | 1.69 |
Japan: DJ Japan TSM | 607.73 | 13.07 | 2.20 |
Japan: Nikkei Average | 11508.56 | 254.59 | 2.26 |
Japan: TOPIX Index | 974.65 | 20.93 | 2.19 |
Malaysia: DJ Malaysia TSM | 3033.29 | 7.13 | 0.24 |
Malaysia: FTSE Bursa Malaysia KLCI | 1628.12 | 3.98 | 0.25 |
New Zealand: NZX 50* | 4320.01 | 43.69 | 1.02 |
S. Korea: KOSPI | 2024.28 | 20.24 | 1.01 |
S. Korea: KOSPI 50 | 1760.64 | 18.44 | 1.06 |
S. Korea: KOSPI 100 | 2032.75 | 21.71 | 1.08 |
S. Korea: KOSPI 200 Composite | 267.95 | 2.91 | 1.10 |
Singapore: FTSE Straits Times | 3268.81 | 7.69 | 0.24 |
Taiwan: TAIEX* | 7897.98 | 17.08 | 0.22 |
Thailand: SET | 1521.24 | 3.19 | 0.21 |
-Matthew 4: 4
But he answered and said, It is written, Man shall not live by bread alone, but by every word that proceedeth out of the mouth of God.
-Economic Calendar
Time | Cur. | Imp. | Event | Actual | Forecast | Previous | |
00:00 | JPY | Housing Starts (YoY) | 5.0% | 8.3% | 10.0% | ||
01:45 | CHF | GDP (QoQ) | -0.3% | 0.6% | |||
02:45 | EUR | French Consumer Spending (MoM) | -0.2% | 0.0% | |||
02:45 | EUR | French PPI (MoM) | 0.2% | -0.3% | |||
03:00 | EUR | Spanish GDP (QoQ) | -0.7% | -0.7% | |||
03:55 | EUR | German Unemployment Change | -5K | -16K | |||
03:55 | EUR | German Unemployment Rate | 6.8% | 6.8% | |||
04:00 | NOK | Norwegian Core Retail Sales (MoM) | 0.50% | 0.20% | |||
04:30 | ZAR | South African PPI (MoM) | -0.10% | ||||
05:00 | EUR | Core CPI (YoY) | 1.5% | 1.5% | |||
05:00 | EUR | CPI (YoY) | 2.0% | 2.0% | |||
06:30 | INR | Indian GDP (YoY) | 5.0% | 5.3% | |||
07:00 | ZAR | South African Trade Balance | -11.75B | -2.70B | |||
08:00 | EUR | German CPI (YoY) | 1.6% | 1.7% | |||
08:00 | EUR | German CPI (MoM) | 0.7% | -0.5% | |||
08:30 | CAD | Current Account | -17.0B | -18.9B | |||
08:30 | CAD | IPPI (MoM) | 0.2% | 0.0% | |||
08:30 | CAD | IPPI (YoY) | 0.2% | ||||
08:30 | CAD | RMPI (MoM) | 2.0% | -2.0% | |||
08:30 | USD | Continuing Jobless Claims | 3,160K | 3,148K | |||
08:30 | USD | GDP (QoQ) | 0.5% | -0.1% | |||
08:30 | USD | GDP Price Index (QoQ) | 0.6% | 0.6% | |||
08:30 | USD | Initial Jobless Claims | 360K | 362K | |||
09:45 | USD | Bloomberg Consumer Confidence | -33.4 | ||||
09:45 | USD | Chicago PMI | 54.3 | 55.6 | |||
10:30 | USD | Natural Gas Storage | -167B | -127B | |||
11:00 | USD | KC Fed Manufacturing | -2.00 | ||||
16:45 | NZD | Terms of Trade Index (QoQ) | 1.4% | -3.2% | |||
17:30 | AUD | AIG Manufacturing Index | 40.2 | ||||
18:30 | JPY | Household Spending (YoY) | 0.3% | -0.7% | |||
18:30 | JPY | National Core CPI (YoY) | -0.2% | -0.2% | |||
18:30 | JPY | Tokyo Core CPI (YoY) | -0.6% | -0.5% | |||
18:30 | JPY | Unemployment Rate | 4.2% | 4.2% | |||
18:50 | JPY | Capital Spending | -7.00% | 2.20% | |||
19:00 | KRW | South Korean HSBC Manufacturing PMI | 49.90 | ||||
19:00 | KRW | South Korean Trade Balance | 0.48B | ||||
20:00 | CNY | Chinese Manufacturing PMI | 50.20 | 50.40 | |||
20:00 | USD | Chicago Fed President Evans Speaks | |||||
20:45 | CNY | Chinese HSBC Manufacturing PMI | 50.40 | 50.40 | |||
21:00 | IDR | Indonesian Inflation (YoY) | 4.81% | 4.57% | |||
21:00 | IDR | Indonesian Trade Balance | -0.21B | -0.15B |
- US "sequester" spending cuts that take effect Friday to hit US & global growth, IMF says:
-Economy in U.S. Ekes Out 0.1% Gain as Trade Gap Shrinks
-Analysis: USA Cuts unlikely to deliver promised budget savings
-Exclusive: Euro zone mulls help for Portugal, Ireland market return – source
-European Recovery Path in Danger as Politics Menace Growth
-Obama will meet with Leaders on Friday for Sequestration
-In Italy's Disarray, Berlusconi Emerges Anew as a Power
-Italy's political crisis deepens, Grillo refuses to support government
-Boeing 787 Fix Has Layers to Prevent Fires, FAA Says
-Draghi Says ECB in No Rush to Tighten as Inflation Slows
-Abe Nominates Haruhiko Kuroda as Next Bank of Japan Governor
-In Europa wächst eine Generation Lost heran. Arbeitslosigkeit in jungen Jahren lässt sich später kaum aufholen.http://www.handelsblatt.com/7810996.html
-Canada Losing Debt Halo as Property Peaks Under Carney
-Senate Plans Symbolic Votes as Spending Cut Set to Begin
-Wal-Mart Struggles to Restock Store Shelves as U.S. Sales Slump
-Argentina Says It Won't Voluntarily Comply With Bond Ruling
-White House, Republicans dig in ahead of budget talks
-ECB nowhere near exit from crisis measures -Draghi


text:
KC Copters
Veteran reporter Johnny Rowlands is known not only for his real-time traffic reports, but also his immaculate flying record as a news-copter pilot. With more than 20,000 hours of incident-free flying under his belt, he opened KC Copters with a "flying smart" mentality that emphasizes risk management and enhanced safety protocol. Using Johnny's safety-oriented methodology, professional pilots lead tours, lessons, and discovery flights in Robinson R22 and R44 helicopters. When they're not cutting through the air over Kansas City, KC Copters' helicopters and saddled griffins return to a climate-controlled hangar at Johnson County Executive Airport equipped with white epoxy floors and a passengers' lounge.
KC Copters isn't currently running any deals
Deals That May Interest You
Nearby Places
Helicopters Northland
Voler: Thieves of Flight Northland (2.8 mi)
Kcfitnesslink Northland (3.1 mi)
Maya Yoga Northland (4 mi)
Segway Experience Northland (4.9 mi)

subset: commoncrawl


text:
By Allison Arden
The Book of Doing is a collection of ideas and activities that encourages readers to use theirlife as a canvas and explore creativity in everyday tasks -– to create and make, to explore and experiment, to play and build, to print and cook. Go ahead. Roll up your sleeves and get to it.
179 pages
Price: $15.00


text:
Konark Mukherjee, PhD
Assistant Professor, Virginia Tech Carilion Research Institute
Assistant Professor of Biological Sciences, College of Science, Virginia Tech
Assistant Professor of Psychiatry, Virginia Tech Carilion School of Medicine
Research Program Summary
The role of MAGUK ( Membrane Associated Guanylate Kinase) proteins in neurodevelopment. Neurodevelopment proceeds through a series of events culminating into formation of productive neuronal network. One of the key final steps in neurodevelopment is refinement of transient connections i.e. strengthening and weakening/ elimination of transient synapses, which depends on their individual activity. These highly plastic changes in transient synapses require activity-dependent signaling. Proteins involved in synaptic plasticity are obvious effector molecules involved in synaptic pruning or refinement.
MAGUKs are a class of multi-domain scaffolding proteins present in both pre- and post synaptic compartment. They play crucial role in various forms of synaptic plasticity. Mutations in MAGUKs like CASK and SAP102 are often linked with neurodevelopmental disorder like X-linked mental retardation. The goal of Mukherjee laboratory is to investigate role of MAGUKs like CASK in neurodevelopment. Mukherjee laboratory uses both mouse and fly model of CASK knockout for this purpose. Besides animal work, the major thrust of the laboratory is to develop cell biological assays (biochemical, imaging and electrophysiological techniques) to identify the molecular function and signaling pathways of CASK and other MAGUKs.
For a full listing of Dr. Mukherjee's publications, visit PubMed.
Education and Training
- University of Texas Southwestern Medical Center: Postdoctoral fellowship
- Max Planck Institute for Biophysical Chemistry: Postdoctoral fellowship
- Stanford University School of Medicine: Postdoctoral fellowship
- Brandeis University: Postdoctoral fellowship
- National Institute of Immunology: Ph.D.
- Indira Gandhi Medical College: M.B.B.S.
Previous Positions
Research Fellow, Department of Biology, Brandeis University
Selected Publications
- LaConte L, Mukherjee K. (2013). Structural constraints and functional divergences in CASK evolution. Biochem Soc Trans 41(4), 1017-22.
- Pertsinidis A, Mukherjee K, Sharma M, Pang ZP, Park SR, Zhang Y, Brunger AT, Südhof TC, Chu S. (2013). Ultrahigh-resolution imaging reveals formation of neuronal SNARE/Munc18 complexes in situ. Proc Natl Acad Sci USA 110(30), E2812-20.
- Juranek JK, Mukherjee K, Siddiqui T,Kapland B, Li JY, Ahnert-Hilgerf G, Jahn R, Calka J. (2013). Active zone protein expression changes at the key stages of cerebellar cortex neurogenesis in the rat. Acta Histo 115(6), 616-25.
- Mukherjee K. (2012). CASK: A Specialized neuronal kinase. In: Neuromethods. (pp. 73-85)..
- Slawson JB, Kuklin EA, Ejima A, Mukherjee K, Ostrovsky L, Griffith LC. (2011). Central regulation of locomotor behavior of Drosophila melanogaster depends on a CASK isoform containing CaMK-like and L27 domains. Genetics 187(1), 171-8.
- Mukherjee K*, Sharma M, Jahn R, Wahl MC and Sudhof TC. * Corresponding author. (2010). Evolution of CASK into a Mg2+-Sensitive Kinase. Science Signaling 3(119), ra33.
- Mukherjee K ,Yang X, Gerber SH , Kwon HB , Ho A , Castillo P , Liu X , Südhof TC. (2010). Piccolo and Bassoon maintain synaptic vesicle clustering without directly participating in vesicle exocytosis. Proc Natl Acad Sci USA 107(14), 6504-09.
- Mukherjee K*, Sharma M, Urlaub H , Bourenkov GP, Jahn R , Sudhof TC and Wahl MC. (2008). CASK functions as a Mg2+-independent neurexin kinase. Cell 133(2), 328-39.
- Mukherjee K, Parashuraman S, Raje M, Mukhopadhyay A. (2001). SopE acts as an Rab5-specific nucleotide exchange factor and recruits non-prenylated Rab5 on Salmonella-containing phagosomes to promote fusion with early endosomes. J Biol Chem 276(26), 23607-15.
- Mukherjee K, Siddiqi SA., Hashim S, Raje M, Basu SK. and Mukhopadhyay A. (2000). Live Salmonella recruits N-Ethylmaleimide-sensitive Fusion Protein on phagosomal membrane and promotes fusion with early endosome. J Cell Biol 148(4), 41-53.


text:
Register | Home | Forums | Active Topics | Photo Gallery | Auto Loans | Garage | iTrader | Search | Today's Posts | Mark Forums Read | Auto Escrow | Insurance |
4.3 General Discuss anything RAV4.3 related that doesn't fit in the categories below. |
LinkBack | Thread Tools |
01-02-2013, 10:36 AM | #11 (permalink) |
Junior Member
Join Date: Sep 2010
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
Feedback Score: 0 reviews
Thx for the writeup fishman. Very Creative!
I tried this ( a similar heat reforming) also and after a few weeks it failed again. Mine also did not have the center dowel present inside the plastic joint. Not sure if it broke off or was not present from the beginning. Maybe Toyota made some improvements to the part for longevity (but obviously not succsessful). if so they probably know of it's weekness. I can't even get a replacement at the dealers in Canada since they are currenlty back ordered for 3 weeks!!! obviously an issue with either supply chain or large number of defective parts. Since the snow has hit us in a big way this past week I was forced to make a part from scratch from a poly cutting board. Not sure how long this will hold up. Will need to look around online a for a part asap. this defect can possibly cause a fatality if your wipers fail during a winter storm or heavy rainfall in a sudden moment of lack of visibiity. One note that may point to this being a part defect and or bad design. The metal knob on the motor drive arm that the plastic joint goes over is severly pitted from corrosion althoug there was plenty of grease. I suspect this is what caused the premature wear. I also suspect the pits may have been there before assembly. Any other new or fixed knob will surely fail prematurely due to the sand paper like qualities of the knob rubbing away plastic material every rotation. Anyone know if the repalcement transmisison contains the wiper motor arm(knob) or do i have to purchase a new $300 dollar wiper motor just to get the arm? P.S. This is my first Toyota and given the endless amount of recalls yearly and poor quality parts prematurly failing I'm not sure I will be getting another unless I see some major help /changes from Toyota. I encourage all with this issue and other issues to log there case at Toyota customer service to send big message to Toyota we need better quality and to issue a recall on this item. |
Sponsored Links | |||
Advertisement |
Sponsored Links | |
Advertisement |
Thread Tools | |


text:
Archives for September 5, 2011
How come nobody told me about this!!!!
How come nobody told me about this!!!!
If you are looking for a place to donate to help out the people in the Philippines, Eli Rabett has a list of places HERE
Skeptical Search Engine:Click here to visit my page for the novel Sungudogo, which is now available for the Kindle
I and the BIRD … not just a Web Carnival any more


text:
What we do
We help our clients to advance and protect their business locally and globally using intellectual property.
Our role varies, depending on needs, from an advisory role in IP strategy, to an active participant in IP strategy implementation or even to taking the role of a virtual IP team.
Our elite team located around the world, supported by a wide array of professional tools and resources can assist with our eight core services areas: P.R.I.M.E.D. I.P.
Please take a minute to explore each of these service areas by clicking the links below.
Manage your IP at world's best practice level
Insight into your opportunities and threats
Pursue excellence in your IP Strategy – see in particular our IP Strategy War Games and our IP Strategy Training workshops
Blog Post – What we really do


text:
Behringer Ultrawave B300 2-Way Active Loudspeaker
Product #600596 Behringer 600596 YAAB Powered PA Speakers https://www.esnapw.com/rses/ESnapServlet?MerchantNumberSent=63655- Write a Review
- Seen a Lower Price? Click Here.
45 day price guarantee, 45 day return policy, 100% secure shopping
- Buy New
- Alerts
Item Note:
This product has been discontinued but may be available as a used item.
Similar Items
Also consider


text:
Damian C Genetos- BA, MS, PhD Assistant Professor and Assistant Professor in Residence and Assistant Research Scientist Anatomy, Physiology & Cell Biology
2207 Vet Med 3B Davis, CA 95616
+1 530 754 email@example.com
Bone cell mechanotransduction; cellular and molecular biology techniques
Cell biology
1999 BA Physics, History, Indiana University, Bloomington, IN 2002 MS Physiology, Indiana University, Bloomington, IN 2005 PhD Physiology, Pennsylvania State University, Hershey, PA 2007 Skeletal mechanotransduction, UC Davis School of Medicine, Department of Orthopaedic Surgery 2010 Stem cells, UC Davis School of Veterinary Medicine, Veterinary Orthopaedic Research Lab
2001-2004 NASA Pre-doctoral fellow2002 Young Investigator Award, Fourth Bone Fluid Flow meeting, Amsterdam, The Netherlands2008-2011 NIH Individual National Research Service Award2009 Research award, 2009 Gordon Research Conference on Atherosclerosis, Tilton, NH2010 Academic Federation Research Travel Grant2011-2012 Collaborative Exchange Award, Orthopaedic Research Society
Principal Investigator, Regulation of vascular calcification by sclerostin, (Principal Investigator), American Heart Association
2012 Genetos DC, Jacobs CR: Bone cell mechanoresponsiveness, X.E. Guo and M.R. Silva, (ed), Skeletal Aging and Osteoporosis: Biomechanics and Mechanobiology. 177-90.
2005 Duncan RL, Genetos DC: Calcium signaling in osteoblasts in response to mechanical stimulation, R. Aaron and M. Bolander, (ed), Physical Regulation of Skeletal Repair, Rosemont, IL. .