Wednesday, April 1, 2009

Market Volatility & G20 protest

Markets are showing volatility with intraday ranges of the following.

http://www.boston.com/bigpicture/2009/03/scenes_from_the_recession.html


It is only 11:20 am est but we already have a wide range volatility. We had the Vietnam war protesters and Woodstock gatherings, but now we have Economic melt down protesters. Forcing the economic cycles will only heighten future economic shocks, however, the economic crisis which we are seeing could have been lessen the economic volatility. The 2002-2007 economic growth was based on the housing and energy market bubbles which were not sustainable. We now try to create economic growth with credit manipulation which is not effective in a long run. We must go through Economic cycles just same as we have 4-seasons which we must live with the changes. While many are facing higher degree of economic cycle effects, Americans are facing the reality effect of Globalism which is lessening American Standard of Living.

$COMPX 2.61%
$INDU 2.44%
$INX 2.52%
DIA 2.49%
IWM 3.59%
QID 5.13%
QLD 5.12%
QQQQ 2.59%
SMH 2.75%
SPY 2.60%


http://www.boston.com/bigpicture/2009/03/scenes_from_the_recession.html

Scenes from the recession

The state of our global economy: foreclosures, evictions, bankruptcies, layoffs, abandoned projects, and the people and industries caught in the middle. It can be difficult to capture financial pressures in photographs, but here a few recent glimpses into some of the places and lives affected by what some are calling the "Great Recession". (edit: After reading some comments about this on Boing Boing, I was able to track down the location of the newspaper boxes in photo #30. The boxes belong to the San Francisco Chronicle, who I called and confirmed that the boxes had been removed per city rules, not due to recession. The photo came across the wire with the caption below, the contextual error was mine.) (35 photos total)





The economy is headed for a “very long and damaging economic downturn” that will not see any recovery in 2009, well-known economist Martin Feldstein said on Wednesday.

http://www.cnbc.com/id/29991405


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