Stocks end mostly higher following Fe...

Stocks end mostly higher following Federal Reserve statement th...

There are 44 comments on the Newsday story from Jun 24, 2009, titled Stocks end mostly higher following Federal Reserve statement th.... In it, Newsday reports that:

The Federal Reserve didn't surprise investors but still left them disappointed. Stocks ended mixed but mostly higher after the Fed said the economy was on the mend.

Join the discussion below, or Read more at Newsday.

Tyler Durden

Charlotte, NC

#25 Jul 9, 2009
Curious George Pres wrote:
When China decides to dump the dollar watchout.
Where are they going to dump them? And if they did, the minute they start all the other dollars they hold (because they couldn't dump them all at once) will loose their value. They maybe communist, but they're not stupid.
Tyler Durden

Charlotte, NC

#26 Jul 9, 2009
Hmmm wrote:
"better than expected jobs report"
500,000 Americans lost their jobs THIS WEEK and this is good news.
Great job o'bama! When are you going to join the millions of jobless Americans?
I guess this is as good as you get with o'bama at the helm.
Highest jobless rate in 26 years. That makes it 1982. Were you guys this tough on Ronald Regan back then?
Curious George Pres

Bridgeport, CT

#27 Jul 10, 2009
Tyler Durden wrote:
<quoted text>
Where are they going to dump them? And if they did, the minute they start all the other dollars they hold (because they couldn't dump them all at once) will loose their value. They maybe communist, but they're not stupid.
They will use another currency,such as the Euro. They have threatened this in the past and the hint somethings up will be when they stop buying US treasury's.
Curious George Pres

Bridgeport, CT

#28 Jul 10, 2009
Corporate earnings are up NOT because the economy is getting better but cuts and personell downsizing has improved there bottom line. Now there real new earnings will be reported in the 3rd quarter and they will not be pretty,down goes the market, no more savings to be used and the real losses will appear.
DOW 6000 in October.
2nd Stimulus will make things worse,can anyone out there claim to see any jobs created by the unread rushed snow job 1st Stimulus.
The states used all the money to pay Welfare increases and welfare medical program Medicaid.
Your hard earned tax dollars and future taxes paid to help all the lowlifes and Illegals with there anchor babies.
Higher Taxes on there way to pay for the non contributers of society,Taxpayers are so stupid and the O'man is taking full advantage of that.
Long Island Taxpayer

Brooklyn, NY

#29 Jul 15, 2009
Good for Goldman Sach on repaying their bailou money, now Obozo can't pull the stings of their executives. Once less bank for the clown to control.

To the rest of the banks that are still paying off their bailout money, repay the money and get out from under the thump of Obozo and Geithner.
do it do it

Bronx, NY

#30 Jul 15, 2009
Long Island Taxpayer wrote:
Good for Goldman Sach on repaying their bailou money, now Obozo can't pull the stings of their executives. Once less bank for the clown to control.
To the rest of the banks that are still paying off their bailout money, repay the money and get out from under the thump of Obozo and Geithner.
goldman and the govt are joined at the hip...with or without bailout $$. the only reason their trading profits were up so much is bc they manipulated the market and made all the right bets. their profits should be distributed to the american taxpayer, not their executives. as far as im concerned, they made $$ driving the market down and then made $$ on the rebound....all at the expense of the taxpayer/401k holder
Phillip Brame

Philadelphia, PA

#31 Jul 15, 2009
Here is the Federal Reserve explaining to the American People that the economy is on the mend and things are looking up which is a far cry better than it was less than six months ago and we still have people that are blasting POTUS for something he had nothing to do with.
Long Island Taxpayer

Jersey City, NJ

#32 Jul 15, 2009
Phillip Brame wrote:
Here is the Federal Reserve explaining to the American People that the economy is on the mend and things are looking up which is a far cry better than it was less than six months ago and we still have people that are blasting POTUS for something he had nothing to do with.
It would have happedned with or with TOTUS Obozo. Now explain to all of us how Obozo is going to pay for all of this free for all spending. You can't create real money out of thin air, you can print all of the money you want but it becomes worthless money after a while and leads to double digit infalation ask former POTUS Carter he know all about double digit inflation.

All I see for our future is sky high taxes and inflation. Great job of fixing the economy.
Phillip Brame

Philadelphia, PA

#33 Jul 15, 2009
I can see now we are going to bump heads on this comment because 6 months ago this country went to the election booths and chose POTUS mostly on the issue of the economy. Here we are now doing a little bit better. Most of the financial genious's said the market and the economy were going to crash.
Long Island Taxpayer wrote:
<quoted text>
It would have happedned with or with TOTUS Obozo. Now explain to all of us how Obozo is going to pay for all of this free for all spending. You can't create real money out of thin air, you can print all of the money you want but it becomes worthless money after a while and leads to double digit infalation ask former POTUS Carter he know all about double digit inflation.
All I see for our future is sky high taxes and inflation. Great job of fixing the economy.

“It might have been !!!”

Since: Aug 07

F&P City

#34 Jul 15, 2009
Phillip Brame wrote:
Here is the Federal Reserve explaining to the American People that the economy is on the mend and things are looking up which is a far cry better than it was less than six months ago and we still have people that are blasting POTUS for something he had nothing to do with.
I believe Obama was a Senator from Illinois, hence he did in fact have something to do with it. Furthermore, if you believe all this spending is indeed having a good effect on our economy you need to go back to school and learn something, and Obama is not even finished spending, where is all this money coming from ?????
billp

Portland, OR

#35 Jul 15, 2009
The amount lost in 401 K"s is staggering. Lets hope this brings some more back to the bottom line! I can't draw mine for at least 1 more year, so I hope the timing is right!
PJR

United States

#36 Jul 15, 2009
Delayed wrote:
Don't forget it was the greedy white upper-class that put us in this mess, lowering standards for loans, payday lending schemes and speculating...
Don't you forget - loan standards were lowered due to pressure put on banks by the Clinton administration. It was done so Clinto could keep his promise about "every American being able to own a home". What wild Bill forgot (or didn't care about) is that you need to be able to AFFORD that home.
PJR

United States

#37 Jul 15, 2009
Phillip Brame wrote:
Here is the Federal Reserve explaining to the American People that the economy is on the mend and things are looking up which is a far cry better than it was less than six months ago and we still have people that are blasting POTUS for something he had nothing to do with.
The only person I've heard say the economy is on the mend is President Obama. Of course, it doesn't matter what Obama say's today, he'll just change it tomorrow (i.e. "unemployement will not go above 8%") Most financial analysis say we have not bottomed-out yet.
Phillip Brame

Philadelphia, PA

#38 Jul 15, 2009
Here you are again. I see you ran from the other comment page to this one to insult me here also. You are pitiful and everyone see it. Including the intelligent one who confronted you and you with your feableness I am sure she is intelligent enough to debate with you. I no longer have anything to say to you about this or any other subject.
Tap San in LIC wrote:
<quoted text>
I believe Obama was a Senator from Illinois, hence he did in fact have something to do with it. Furthermore, if you believe all this spending is indeed having a good effect on our economy you need to go back to school and learn something, and Obama is not even finished spending, where is all this money coming from ?????
Phillip Brame

Philadelphia, PA

#39 Jul 15, 2009
I can see things changing here where I am things are picking up. I think if we just give it a minute we will all benefit from the administrations plans and positions.
PJR wrote:
<quoted text>
The only person I've heard say the economy is on the mend is President Obama. Of course, it doesn't matter what Obama say's today, he'll just change it tomorrow (i.e. "unemployement will not go above 8%") Most financial analysis say we have not bottomed-out yet.

“It might have been !!!”

Since: Aug 07

F&P City

#40 Jul 15, 2009
Phillip Brame wrote:
Here you are again. I see you ran from the other comment page to this one to insult me here also. You are pitiful and everyone see it. Including the intelligent one who confronted you and you with your feableness I am sure she is intelligent enough to debate with you. I no longer have anything to say to you about this or any other subject.<quoted text>
Point out the insult. And you've said that before.........

“It might have been !!!”

Since: Aug 07

F&P City

#41 Jul 15, 2009
Phillip Brame wrote:
I can see things changing here where I am things are picking up. I think if we just give it a minute we will all benefit from the administrations plans and positions.<quoted text>
time is up.
Long Island Taxpayer

Brooklyn, NY

#42 Jul 15, 2009
PJR wrote:
<quoted text>
The only person I've heard say the economy is on the mend is President Obama. Of course, it doesn't matter what Obama say's today, he'll just change it tomorrow (i.e. "unemployement will not go above 8%") Most financial analysis say we have not bottomed-out yet.
Check this out the Federal Reserve now expects unemployement to top 10%(Newsday release 7/15/09 at 2:11 PM).

http://www.newsday.com/business/ny-bzfed0716,...

Lets all give a big cheer for Obozo and economic recovery. I bet most people these days worry about how secure their job is.
Just a Thought

Ozone Park, NY

#43 Jul 20, 2009
Wall Street would have collapsed in September of 2008 if the Bush administration had failed to bail out a few Wall Street heavy weights. Some say it would have been best to let nature take its natural course of economic depression rather than a sustained, prolong recession filled with spats of propagranda good news.
Slick Willie

Vero Beach, FL

#44 Jul 21, 2009
My 401K is going down the drain like everybody else.The only solace I have is that I have been drawing it down for the past 9 years.My investment guru says I have nothing to worry about.I should have enough money to live on until I die as long as I die by 2010.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Mortgage Discussions

Title Updated Last By Comments
News Fed Balance-Sheet Plan Missing Key Detail Tied ... Tue Ronald 1
News Family takes possession of Habitat - soy house... (Mar '10) Jul 13 Jimmy 5
News Family takes possession of Habitat a soy housea (May '10) Jul 13 bank-hikes-rate 4
Outreach Housing LLC & Blair Wright (Oct '08) Jul 6 Archangel Gabriel 241
News $1.2 Million for Habitat Jul 1 Mr Peanut - Farmer 1
News Chicago businessman pleads not guilty in $7M fr... Jun '17 xchjvb 1
News Newt Gingrich's Freddie Mac Fees: Received At L... (Nov '11) Jun '17 Merchant of Alzhe... 53
More from around the web