The Market Ticker

So ISM was going to be "terrible" according to Goldman. Except, well, it wasn't. How many times do you get to be wrong again before it's intentional? And let's not discuss equity market manipulation - or shall we? Is it all a game where you, the ordinary investor, can't possibly out-duel a computer that is doing things that, in any just world, would lead to indictments? We'll talk dollar too, and specifically how the FX is impacting markets.

Wither is right. We'll look at the contradictory signals being given by earnings reports and various leading indicators, along with the likely impact and try to decipher the news of the last two weeks, including earnings and the market, against the backdrop of a deteriorating macro environment.

The Fed has spent its time playing with short rates and the pundits call for more "QE" and similar games. Why this has failed, and why we can't borrow our way out, plus news of the day.

Our national obsession with self-delusion is our most-pressing problem in this country. Whether it be energy policy, economic policy, "easy money", "houses for everyone", "Muslims will all love us if we leave them alone" or other bits of insanity, our collective refusal to face reality is, indeed, our greatest challenge as a nation. We'll explore how we went from being so right - the nation that decided to land on the moon - to being so wrong.

Trichet says that he "won't allow" Greece, Spain or others to default. Yet we have Spain playing games in their housing market (again.) These clowns learned nothing from our experience, and then there's Fannie and Freddie. Sheila Bair got religion over the weekend too.... from.... where? We'll explore all this and more, and what's to come - and hopefully, when.

We've all seen it. Banking "regulation", The Fed, Housing, and now BP. If BP has shown us one thing, it is how the abstract becomes concrete - or oil-soaked. We'll explore the systemic costs to society of corruption at all levels of government, with a sobering view of what is to come if we, the people, do not put a stop to it - even though do so will mean an end to the "entitlement culture."

John Dennis is challenging Nancy Pelosi's seat in California! We will spend our hour with him going over all the major issues in this campaign and the midterm elections, including The Federal Reserve, unpunished lawlessness by banks and others, the inevitable fiscal mess we are headed straight into, immigration, energy policy and more!

It seems an appropriate title, given what's going on. We'll update both the BP disaster in the gulf (and what it means), the war and politicking by people like Alan Grayson, and of course the economy, including the market action of the last two weeks with a look forward.

Greece, the Euro, The Pound, China's market collapsing, the "gun on the table" in Europe that in fact is a water pistol and more. You can't fix a drunk with a bottle of whiskey, and you can't solve a debt problem with more debt. What may be on the menu for the next few years, and how you can deal with it.

For how much longer can they keep the plates in the air? We'll cover Greece, the Euro situation including the "announcements" Sunday night, the market crash Thursday afternoon and much more.

We will examine the costs and benefits of oil exploration, including in the Gulf, even when things go wrong (as they clearly just did), and take a critical look at both our energy and, on balance, our national financial policy.

Dianne Berryhill is our latest political candidate (Republican, Florida's 2nd District, challenging Alan Boyd) to sit down with us and discuss her candidacy with a focus on economics including reform of the banking system and derivatives.

Goldman gets charged by the SEC with civil securities fraud. Is this the beginning of something more serious? We'll explore that, the prototypical Wall Street game that has been run for the last 20 years, and how it has both screwed you blind - twice - through two bubbles and collapses and will again unless we the people put a stop to it.

You've all seen politicians do interviews where they seem to spew pablum upon the electorate. Today, I'll share with you one such attempt, and why it failed with me. We'll also cover Greece and global credit issues - no, they're not fixed, and we'll talk about why those who are counting on further levitation in the markets may be disappointed.

"The economy is recovering!" "Jobs are strong!" "We need banking reform." Uh huh. We'll go through the latest litany of lies and issue indictments - against the media, DC and the banking business. Come join us for a lively hour including some straight-up predictions.