Sunday, April 25, 2010

A Closer Look at the World of Jim Cramer and Weekly Economic Calendar...

Jim Cramer's World
It wasn't so long ago that Jim Cramer demonized the the hedge funds and short sellers. Let's face it, our banking system was on the verge of collapse and hedge funds were any easy target. Put a ban on short-selling...and everything will be o.k..  After all, U.S. banks provide capital and credit for almost every aspect of our economy. However, one will note the deafening silence of Cramer when leaked emails show that Goldman Sachs was one of the companies shorting Lehman Brothers into oblivion. So, Cramer could easily echo the words of Walt Kelly's first Earth Day poster in 1970...  "We have met the enemy and he is us". Walt Kelly  More importantly, the tangled web of lies, half-truths, and out-right deceptions leading to passage of TARP only angers and confuses a public who is still feeling the ripples of our Great Recession. 

Weekly Economic Calendar
DateTime (ET)StatisticForActualBriefing ForecastMarket ExpectsPriorRevised From
Apr 279:00 AMCase-Shiller 20-city IndexFeb-NA-0.10%-0.7%-
Apr 279:00 AMCase-Shiller 20-city Index (y/y)Feb-0.7%1.1%-0.7%-
Apr 2710:00 AMConsumer ConfidenceApr-54.053.752.5-
Apr 2810:30 AMCrude Inventories04/24-NANA1.89M-
Apr 282:15 PMFOMC Rate Decision4/28-0.25%0.25%0.25%-
Apr 298:30 AMContinuing Claims04/17-4625K4625K4646K-
Apr 298:30 AMInitial Claims04/24-435K440K456K-
Apr 308:30 AMGDP-Adv.Q1-1.8%3.2%5.6%-
Apr 308:30 AMChain Deflator-Adv.Q1-0.9%0.9%0.5%-
Apr 308:30 AMEmployment Cost IndexQ1-0.5%0.5%0.5%-
Apr 309:45 AMChicago PMIApr-59.559.858.8-
Apr 309:55 AMMich SentimentApr-72.071.569.5-

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