Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
News Now
Tracked by: 0 Boarder
Half of last week`s gain gone
U.S. stocks slump on the first day of climatic winter, as gloomy worldwide economic data take the wind out of last week`s rally
Dow Jones Industrial Average : DOWN 580 POINTS...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by :
sambala
Fed chief says economic outlook remains weak, and the Fed will continue to use its tools to fight the crisis - but rate cuts may not be coming 
Tracked by: 0 Boarder
After the resignation of Shivraj Patil as Home Minister — who quit owing `moral responsibility` for the terror attacks in Mumbai — the former Finance Minister P Chidambaram was asked to take over as Home Minister. Here is what he said at his first press conference as Home Minister...
Tracked by: 0 Boarder
Look dear you dont have to b sorry... you did not do nothing wrong...And I am not blaming anybody...The clip is not about Hindus and Sikhs it is about how the government took us for a ride.....,Infact the clip is about how,,, they took us for a ride..... Now if you are only interested in hearing what you want to hear.... India can never unite.....until we don`t unite we can not win... ,its just simple as that......,,I think you are totally missing the point....Or is it you can not stand the fact to see people being killed while police is standing and watching.......
In reply to:
Very Distubing!
Posted by : nightowl
i am sorry if i caused any hurt
however i dont need to see any clips.. thank you very much.
ive been on the recieving end both ways...
i am a sikh from delhi, but a hindu after marriage in asr.. both cities were worst hit .. i dont need to see anything ive lived the worst case scenarios both sides of it.. yet i repeat, i am sorry for any disturbance i may have caused you.we should not get self righteous..
NO
Tracked by: 0 Boarder
Fed chief says economic outlook remains weak, and the Fed will continue to use its tools to fight the crisis - but rate cuts may not be coming...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
Dow drops 500 points as selloff picks up late in the session after recession is made official and economic fears grow.
Tracked by: 0 Boarder
Dow drops 500 points as selloff picks up late in the session after recession is made official and economic fears grow. ...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
AIG sells its Private Bank
AIG agrees to sell its wealth management branch to Aabar Investments PJSC of Abu Dhabi
Tracked by: 0 Boarder
Posted by: nightowl on (01-Nov-08 17:43 )
raj,
hi
how long do you think this will continue.. somtimes the market defies all logic... sundenly everyone(includingme) has become very and perhaps illogically optimistic again.. wonder if we r being set up..lols
Rittu
Googol,
i did not post this message, but its been posted under my id, without any dot... and undersigned as rittu.. i never use "r" instead of are.. one sighn another it has no typo...lols lols..
what am i to make of this .. pranks can you help???
Rittu... the original...lols lols
...
In reply to:
Very Distubing!
Posted by : googol
I am sorry Pranky,our Democrazy will not permit any improvement to the existing system.We are not only innocent like the rats (read citizens) looking for some one to bell the cat(read politicians)but also foolish that we expect the cat to wear the bell by itself!
Our voters will not elect a person whom they do not know and all those they know are corrupt,cunning and wicked.So forget any reforms.
Only a revolution is reqd to correct the system but we Indians are too self centered to initiate one.
I have a fear that things would go from bad to worse with Mayavati like politicians becoming more and more popular.
God save India
Tracked by: 5 Boarders
Dear Ramki, U may agree or disagree with my views but i was elaborating a simple fact if each of us is performing his/her duty/job/work honestly the so called security lapses, intell. failures etc. can`t happen.
Thanks
Ashal ...
In reply to:
Mumbai Terror - Pay your tributes to ATS Chief Hemant Karkare.
Posted by : Ramki
Hey ashalanshu......What u say is 100% right with regard to our argument of short memories.....I mean forgetting the incidents in few days.....But I don`t agree with ur argument......
"what each of us is doing on its part to do his/her duty honestly."
Unless we don`t have power in our hands we can`t do anything....Only persons with power(Politicians)can do in this situation......Regards
Tracked by: 5 Boarders
Mr emtyvessel, Gamdevi police station caught that terrorist alive. Right now Zee-marathi is airing exclusive cc footege. Probably other Zee news channels also may be showing.
After indiscriminate firing at CST station, terrorists Abu Ismael & Kasab moved towards Cama hosiptal. They spotted a jeep with red light on top. On seeing the red light they started firing at the jeep with carbine. This is the same jeep in which Hemant Karkare (ATS chief), Kamte (DCP) & Vijay Salaskar(encounter specialist) were there. Salaskar himself was driving. All three of them were in front & four policemen were in the back seat. Two of the policemen were also killed & two were injured. After killing them, they pulled out their bodies and used the same jeep. Dead policemen were still in the jeep. Terrorists thought they were all dead. So keeping them in jeep they drove towards Marine drive via Vidhan Bhavan. One of the two policemen who were still alive made some movement. Terrorists then killed him. The other policeman whose hands were badly injured pretended dead & so was saved. While on Marine Drive, a tyre got burst. They got down & threatened a skoda car occupant & moved speedily towards chowpatty. By this time all policemen all over Mumbai were alerted & were given the jeep number which was stolen by them. Gamdevi Police station under whose jurisdiction this area comes had put themselves with positions behind bunkers under Chowpatty foot-bridge . Skoda car came speedily with lights off. Policemen asked them to stop but they started firing. Police retunred fire. In the Process, the car hit road divider & stopped. Kasab came out but before he could open fire, policmen overpowered him. The cc tv footage can be seen with Kasab fallen down & Policemen thrashing him. Other terrorist Abu Ismael who was driving had no chance to come out. He was killed by policemen on the seat before he could reach his carbine. BUT THE SAD PART OF THE whole thing is one policeman lost his life. His name is TUKARAM UBALE. May god rest him in peace.
Gamdevi Police Station as a group should be rewarded....
In reply to:
Mumbai Terror - Pay your tributes to ATS Chief Hemant Karkare.
Posted by :
emptyvessel
The real hero is the person who caught a terrorist alive. who is he? even if he caught him by luck we need such lucky persons.Like Napoleon says he needs lucky generals. Like the good old hollywood film says
Tracked by: 5 Boarders
Radhikaji ,
Did u see how that bloody kerala CM responded to Unnikrishnan`s dad of not allowing them to enter his house. He said if It wasnt for Sandeep , not even a dog would have entered the place. AGHHH...
These politicians should be assasinated , no use keeping them. How cn he talk such shit. I think if he has any CM`s son should have been sent to Taj builiding , by fear he would have pissed in his underwear and on his dad x( I am really ashamed to have such politicians. Shoes must be thrown at the,....
In reply to:
Mumbai Terror - Pay your tributes to ATS Chief Hemant Karkare.
Posted by : radhika_nandlal
Yes biswajit,
The Hindus in India are as evolved as the americans, inspite of our poverty and the atrocities commited on the Hindus they are an evolved race and thats why the survival of India on a daily basis itself is a miracle.
If Hindus had been terrorists and had attacked a predominantly muslim or christian country, their chances of living a normal life would be dim.
Tracked by: 0 Boarder
AIG sells its Private Bank
AIG agrees to sell its wealth management branch to Aabar Investments PJSC of Abu Dhabi ...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
It`s OFFICIAL: Recession since Dec. `07
The National Bureau of Economic Research declares what most AMERICANS already KNEW: the downturn has been going on for some time
NEW YORK -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
The NBER is a private group of leading economists charged with dating the start and end of economic downturns. It typically takes a long time after the start of a recession to declare its start because of the need to look at final readings of various economic measures.
"The committee views the payroll employment measure, which is based on a large survey of employers, as the most reliable comprehensive estimate of employment," said the group`s statement. "This series reached a peak in December 2007 and has declined every month since then."
Employers have trimmed payrolls by 1.2 million jobs in the first 10 months of this year. On Friday, economists are predicting the government will report a loss of another 325,000 jobs for November
Tracked by: 0 Boarder
It`s OFFICIAL: Recession since Dec. `07
The National Bureau of Economic Research declares what most AMERICANS already KNEW: the downturn has been going on for some time
NEW YORK -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
The NBER is a private group of leading economists charged with dating the start and end of economic downturns. It typically takes a long time after the start of a recession to declare its start because of the need to look at final readings of various economic measures.
"The committee views the payroll employment measure, which is based on a large survey of employers, as the most reliable comprehensive estimate of employment," said the group`s statement. "This series reached a peak in December 2007 and has declined every month since then."
Employers have trimmed payrolls by 1.2 million jobs in the first 10 months of this year. On Friday, economists are predicting the government will report a loss of another 325,000 jobs for November
...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
Black Friday, Blue Christmas.
Retailers enjoyed better sales over the weekend than expected. But few believe the good news will last and some fear a wave of bankruptcies ahead.
NEW YORK -- HAPPY CYBER MONDAY! If the crowds on BLACK FRIDAY were any INDICATION, it looks like consumers will be busy surfing the Web for deep discounts as well.
Sales over the Thanksgiving long weekend were surprisingly strong. The National Retail Federation estimated that consumers spent $372.57 on average, an increase from 7.2% from a year ago.
But the NRF is predicting just a 2.2% increase in holiday shopping sales this year, which would be the smallest increase since 2002. Even that forecast is considered too rosy by many other industry experts.
After all, the healthy sales on Friday may merely be yet another reflection of how weak the economy is: i.e. people rushed out to find the best bargains but may now retreat once the sales are over.
"Frankly, Black Friday serves as much more of a media spectacle than a true barometer of the relative health of the consumer and retailers. The next two weeks, when pricing reaches somewhat more normal levels, should tell the true tale," wrote Eric Beder, a retail analyst with Brean Murray Carret & Co., on Monday.
Tracked by: 0 Boarder
Black Friday, Blue Christmas.
Retailers enjoyed better sales over the weekend than expected. But few believe the good news will last and some fear a wave of bankruptcies ahead.
NEW YORK -- HAPPY CYBER MONDAY! If the crowds on BLACK FRIDAY were any INDICATION, it looks like consumers will be busy surfing the Web for deep discounts as well.
Sales over the Thanksgiving long weekend were surprisingly strong. The National Retail Federation estimated that consumers spent $372.57 on average, an increase from 7.2% from a year ago.
But the NRF is predicting just a 2.2% increase in holiday shopping sales this year, which would be the smallest increase since 2002. Even that forecast is considered too rosy by many other industry experts.
After all, the healthy sales on Friday may merely be yet another reflection of how weak the economy is: i.e. people rushed out to find the best bargains but may now retreat once the sales are over.
"Frankly, Black Friday serves as much more of a media spectacle than a true barometer of the relative health of the consumer and retailers. The next two weeks, when pricing reaches somewhat more normal levels, should tell the true tale," wrote Eric Beder, a retail analyst with Brean Murray Carret & Co., on Monday.
...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
Dow plunges 444 points
Stocks slump on economic woes as U.S. recession is officially called
Tracked by: 0 Boarder
Dow plunges 444 points
Stocks slump on economic woes as U.S. recession is officially called...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
Obama Picks Clinton, Gates to Lead National Security Team
Tracked by: 0 Boarder
Obama Picks Clinton, Gates to Lead National Security Team ...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
Thus, the committee could have dated the quarterly peak in 2008Q1 if it had determined that economic activity was higher in that quarter than in 2007Q4. However, the committee determined that this was not the case. Most notably, both payroll employment and the income-side estimate of domestic production were lower in 2008Q1 than in 2007Q4, and the product-side estimate of domestic production was only slightly higher. The committee found that the peak quarter was the one containing the peak month, 2007Q4.
Further Comments
Although the indicators described above are the most important measures considered by the NBER in developing its business cycle chronology, there is no fixed rule about which other measures may contribute information to the process in any particular episode.
Committee members are: Robert Hall, Stanford University (chair); Martin Feldstein, Harvard University and NBER President Emeritus; Jeffrey Frankel, Harvard University; Robert Gordon, Northwestern University; James Poterba, MIT and NBER President; David Romer, University of California, Berkeley; and Victor Zarnowitz, the Conference Board. Christina Romer of the University of California, Berkeley, resigned from the committee on November 25, 2008, and did not participate in its deliberations of November 28.
For more information,see // w ww .nber. org/cycles. html.
Tracked by: 0 Boarder
Thus, the committee could have dated the quarterly peak in 2008Q1 if it had determined that economic activity was higher in that quarter than in 2007Q4. However, the committee determined that this was not the case. Most notably, both payroll employment and the income-side estimate of domestic production were lower in 2008Q1 than in 2007Q4, and the product-side estimate of domestic production was only slightly higher. The committee found that the peak quarter was the one containing the peak month, 2007Q4.
Further Comments
Although the indicators described above are the most important measures considered by the NBER in developing its business cycle chronology, there is no fixed rule about which other measures may contribute information to the process in any particular episode.
Committee members are: Robert Hall, Stanford University (chair); Martin Feldstein, Harvard University and NBER President Emeritus; Jeffrey Frankel, Harvard University; Robert Gordon, Northwestern University; James Poterba, MIT and NBER President; David Romer, University of California, Berkeley; and Victor Zarnowitz, the Conference Board. Christina Romer of the University of California, Berkeley, resigned from the committee on November 25, 2008, and did not participate in its deliberations of November 28.
For more information,see // w ww .nber. org/cycles. html.
...
In reply to:
Missed Black Friday? Cyber Monday coming
Posted by : sambala
The Month of the Peak
The committee identified December 2007 as the peak month, after determining that the subsequent decline in economic activity was large enough to qualify as a recession.
Payroll employment, the number of filled jobs in the economy based on the Bureau of Labor Statistics’ large survey of employers, reached a peak in December 2007 and has declined in every month since then. An alternative measure of employment, measured by the BLS’s household survey, reached a peak in November 2007, declined early in 2008, expanded temporarily in April to a level below its November 2007 peak, and has declined in every month since April 2008. For a discussion of the difference between payroll and household survey employment measures, see Mary Bowler and Teresa L. Morisi, “Understanding the Employment Measures from the CPS and CES Surveys,” Monthly Labor Review, February 2006, pp. 23–38.
The committee uses real personal income less transfer payments from the Bureau of Economic Analysis as a monthly measure of output. The deduction of transfer payments places the data closer to the desired measure, real gross domestic income. To adjust personal income less transfer payments from nominal to real terms (that is, to remove the effects of price changes), the committee uses the deflator for gross domestic product. Because this deflator is only available quarterly, the committee interpolates the published series to approximate a monthly price index for GDP. The resulting monthly measure of real personal income less transfers is an imperfect measure of monthly real output because of definitional differences between personal income less transfers and gross national income and because we use the interpolated price index. Our measure of real personal income less transfers peaked in December 2007, displayed a zig-zag pattern from then until June 2008 at levels slightly below the December 2007 peak, and has generally declined since June.
Real manufacturing and wholesale-retail trade sales from the Census Department is another monthly indicator of output. It is an imperfect measure of the production of goods and services for at least three reasons. First, it covers only goods and not services. Second, it does not deduct the sales of imported goods. Because the real value of imports declined substantially over the relevant period, the measure understates the growth of output. Third, the government does not publish a price index corresponding to the coverage of the measure. The committee uses the same interpolated GDP deflator as discussed above. Real manufacturing and wholesale-retail trade sales reached a well-defined peak in June 2008.
The last monthly measure of production is the Federal Reserve Board’s index of industrial production. This measure has quite restricted coverage—it includes manufacturing, mining, and utilities but excludes all services and government. Industrial production peaked in January 2008, fell through May 2008, rose slightly in June and July, and then fell substantially from July to September. It rose somewhat in October with the resumption of oil production disturbed by hurricanes in the previous month. The October value of the industrial production index remained a substantial 4.7 percent below its value in January 2008.
The committee noted that the behavior of the quarterly estimates of aggregate production was not inconsistent with a peak in late 2007. The income-side estimate of output reached its peak in the third quarter of 2007. The product-side estimate reached a temporary peak in the same quarter, but rose to a higher level in the second quarter of 2008
The Quarter of the Peak
The committee determined that the peak quarter of economic activity was the fourth quarter of 2007. When the monthly peak occurs in the last month of a quarter, the NBER’s long-standing procedures dates the quarterly peak either in the quarter containing the monthly peak or in the subsequent quarter
