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Bloomberg Tv Optimism

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Ive had this program on today as I work at the PC.

all afternoon, we've had speaker after speaker on saying that things are good, optimism is high, and they expect things to be bright in the forthcoming Feds Beige book.

topped off by reports that two local Feds execs are reporting recovery.

now, the beige book is out...the mood has changed..... the report is downbeat lending in all sectors is down, problems ahead.

Seems to me there is a lot of talkup around, but little evidence of it.

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Oh yes!

Things are only ever good on there...really is quite sad!

If you want any sense, switch on after the U.S broadcast is over.

Then you can actually learn something...

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RIGHT NOW

ORLANDO: stock market confirms recession is over.

talking head says US housing is bottoming and looking at a 5 year recovery.

Commercial real estate is no problem as its going trough by this time next year, another 10-15% down.

just wondering meself how US housing is going to go up when dole queues are expected to get worse....much worse.

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Another one saying housing recovery.

Shiller said earlier that housing is still falling, and could possibly fall to unprecedented lows.(this is a 15 second or so vid)

then this guy is on, and hes still on is talking about the recovery.

then the guy is saying his recovery is reflected by case shiller......fracking mad.

its amazing....******** in a suit.

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Good stuff, market can't turn without a decent rebound. All hell will break loose within a couple of months. If they were all bearish and miserable it wouldn't have climbed high enough to collapse. Just have to be there to take advantage! :rolleyes:

Ive had this program on today as I work at the PC.

all afternoon, we've had speaker after speaker on saying that things are good, optimism is high, and they expect things to be bright in the forthcoming Feds Beige book.

topped off by reports that two local Feds execs are reporting recovery.

now, the beige book is out...the mood has changed..... the report is downbeat lending in all sectors is down, problems ahead.

Seems to me there is a lot of talkup around, but little evidence of it.

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here's a bit of Bloomberg for you

U.S. Durable Goods Orders Rise Excluding Cars, Planes

http://www.bloomberg.com/apps/news?pid=206...id=awn_Wo4uqoDI

in other news, not counting the dead, casualties were light

How do these f**kers actually get away with it?

Durable goods posts the biggest fall for 6 months and they put up a headline like that! :angry:

They seem to believe that people don't actually read the articles but just skim through these ******** headlines on the homepage.

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