| The Games Banksters Play 07-11-12 mpg Five Ominous Charts For Q2 Earnings Charts - Must Read - A quote...."It's early, but as we pointed out yesterday in our Q2 earnings preview, the background noise is starting to grow louder. With near record levels of negative pre-announcements post the financial crisis (most recently AMD and Cummins), we are shocked (shocked we tell you) that analysts could have got it so wrong. Expectations for Q2 2012 EPS Growth have dropped from a Viagra-based 'its-always-better-two-quarters-out' view in August 2011 of +11% to -1.8% today. What is not surprising is the hope-filled 14% S&P 500 EPS growth rate expected for Q4 2012! With EURUSD down almost 11% from Q2 2011, we can only imagine the FX translation impacts that analysts are desperately trying to goal-seek into their forecasts - which we presume accounts for the surge in Q4 when Europe will be 'fixed'. With negative macro surprises so disconnected from equity market performance (and implicitly hope for earnings), it seems there is notable room for disappointment." - bold by website editor It's all been a lie, it's a
game the US-NRE and the Banksters that own this country
"play". In this website editor's opinion the BULK of
these so-called "earnings" for the LAST THREE YEARS have
been due to all the FX arbitrage that's been going
on. The whole set-up was a transfer mechanism.
The translation of what the parasites could extract from the EU -- WHILE DELIBERATELY keeping the Euro at a bizarre and artificially high level -- into US dollars which were deliberately kept at an artificially low level by the FED. The result has been the destruction of the entire periphery of Europe with the core soon to follow. This was a deliberate attack by the US-NRE and its parasites. The US-NRE exported its depression to Europe while using the extra funds and "profits" they extracted to continue its PNAC Protocols. The US-NRE's Banksters used the two hundred trillion dollars in derivatives they've created in just the last two years, along with the additional seven hundred trillion they'd already manufactured out of thin air, to launch multiple attacks against the EU's member states forcing up their interest rates and driving them deeper into debt. What they did was practically sadistic. They "pinned" the EU's member states to the wall with the artificially high Euro, and while they hung there, twisting and writhing above the ground, unable to lower themselves to recover their economic footing, they were literally carved up into bite sized bits. It should be noted some traitorous Banksters based in the EU are cooperating with this plan. They intend to do to the EU what the FED has already done to the US-NRE, establish a feudal, undemocratic, Bankster run empire in the EU. - mpg - See related articles shown below..... [US]
Q2 earnings outlook the most negative since 2001
A quote...."NEW YORK (MarketWatch) – Companies are wrapping up their most negative earnings outlooks for a single quarter in more than a decade, led by Ford, Procter & Gamble and others that took a beating in moribund international markets." - posted 06-29-12 BRICs Biggest Currency Depreciation Since 1998 to Worsen Mrkt & Deflation Warning - (Medium term, one to six months or till QE3 starts - [assuming "profits" no matter how they're rigged, really matter to the market] This website editor's call) - The equities "market" in the US-NRE has been buoyed for the last three years by the dollar's deliberate depreciation, the Euro's bizarre, un-market-like and obviously manipulated "stability" and the repatriation and booking of US-NRE corporate "profits" from these over-valued currencies at upwards of a fifty percent mark-up. That process appears to be coming to an end. - mpg - posted 06-25-12 - see additional articles shown below.....
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