Charting 2010, Part 0: The Biggest Winners And Losers From The "New Normal", And The 6 Main Strange Attractors

Tyler Durden's picture

BusinessWeek has finally outdone itself: the recent Bloomberg acquisition has come up with what can be described as the definitive visual summary of the key themes and trends of the past year. What we certainly can appreciate is the magazine's attempt to be as focused, concise and cohesive as possible, which is why the punchline is as follows: "Normal, Jobs, Stuck, Currency, Spills and Gaga say all that needs to be said about 2010." From an economic perspective it is the jobs and the currency that are the all important variables. And unfortunately, both are moving in the wrong direction. But before we get into the meat of this series, with part one (jobs) and part two (currencies) here are two appetizer charts of what the biggest movers and shakers in 2010 were, together with a focal node chart that demonstrates the key strange attractors of the past year. (Incidentally, readers are encouraged to peruse James Montier's deubnking of the PIMCO trademark "New Normal" concept, by suggesting that the "Old Always" has not choice but return once mean reversion plays out.)

For those curious how just it is possible to synthesize 365 days worth of chaos into just 6 verticals, here is a very loose scatterplot which tracks the relationships between the six primary nodes.

We will shortly present part one of this "2010 in charts" series, which is also the most important one for the vast majority of the US population - jobs.

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Black Forest's picture

Whoever compiled the Contents mindmap is a peasant.

jeff montanye's picture

or mapped that mind (not as likely).

RobotTrader's picture

Wonder what happens when the job market actually gets better.

Dow 20,000?

Sorry, couldn't resist.


Merry Christmas to everyone here at ZH!

Xedus129's picture

Dow 36 Million

Ho Ho Hooo

RobotTrader's picture

Who drew those pictures?

I didn't know anyone at Business Week could take so much acid...


HungrySeagull's picture

Actually taking LSD is necessary to comply with the assignment to properly keep things in order. Along with a bit of Special K injections from the home health care while you work.


That way you can get the job done without losing what sanity or nerve you have left.

the grateful unemployed's picture

For some Christmas balls try this on for size. The big RED one at the center is PRODUCTIVITY, how much stuff America makes and sells to other people, domestic and service economy is an itty bitty dingle ball in the corner.  Connected to the Big RED Ball is a SILVER ball, called Washington, the political will to a) extract wealth from our foreign trade partners, by hook or by crook, and b) the willingness of the Central government to distribute that wealth evenly across all demographics, regardless of who did what, or desrves anything.

Next to the SILVER ball is a BLACK ball called DOD, which is the part of wealth extraction of foreign resources by crook.  Between the SILVER and BLACK balls are a GREEN ball, called the FED, which could prick the COMMODITY ball, by raising interest rates, which benefits the foreign trade partners, whom we buy things from, by HOOK. The GREEN ball doesn't really fit with the SILVER and BLACK balls, so something has to give. The PAUL ball might just replace it with something sort of BLUE-GREEN. There are about 300 million pieces of popcorn hanging by a frickin thread. They bask in the light of the SQUID ball, which has sucked away all the butter and salt, and has left them stale and lifeless, a pin driven through their hearts. Yikes!

Finally there is the TEA PARTY ball, which bubbles away but is going nowhere, because the STATIST POLICY ball is about ten feet across and hangs where the star belongs. With all that weight at the top, the whole tree is ready to fall over. That's it. a lot simpler too.

VeloSpade's picture

Sucky my big fat sweaty ass balls.

trav7777's picture

i think I saw this one hanging at MoMA

Ted K's picture

Awesome post and really appreciate the Montier download.  For those of us who don't want to pay for the overpriced WSJ (or the WSJ's cowcrap Editorials) this stuff really is a treasure. ZeroHedge rocks once again.  Thanks Mr. Durden.

Eric Cartman's picture

Or you could just take the title from a wsj, ft, ect article then copy and paste it into google search, click search and get the entire article for free. 


Ted K's picture

Forgot to say Merry Christmas everyone , even to the Jews (that's a joke, don't get uptight).  Hope everyone is enjoying the time, however they choose to spend it.

RockyRacoon's picture

And a nice season to you as well.  (You do know, of course, that the "J" word is in all the trolls search criteria.  You will be junked shortly and a firestorm of invective will begin.)

Green Leader's picture

There are Messianic Hebrews but we do not believe in celebrating mongrelized festivities today.

I shall celebrate in a few days, when I get my trans-generational compensation for the Babylonian captivity of my ancestors.

Yahweh Yireh


jeff montanye's picture

trans-generational compensation bitchez.

New_Meat's picture

The joyous Rabbi would (did) say "Merry Christmas" and I'd say thanks and "Happy Haunkkah".  Been through Ramadan and ate with the correct hand while sitting down and not showing my feet to unsuspecting eyes.

- Ned

jeff montanye's picture

clearly worth killing each other for (try explaining the doctrinal reasons for the thirty years war some time.  or ww1: the reason for fighting i never did get) -- peace.

VeloSpade's picture

Fuck x-mas....and fuck the gooz too.

VeloSpade's picture

actually, fuck everybody and everything

bank guy in Brussels's picture

Impressive that unique New York politician Jimmy McMillan, of the 'Rent is Too Damn High Party', actually was included in the 2nd chart here, in the 'Gaga' cluster.

Over five and a half million views of his wonderful eloquence on YouTube ... clearly a leader for favourite among US political radicals -

Herd Redirection Committee's picture

"The rent is too GODdamn high!"

Its a good point that Jimmy makes, perhaps the largest owners of real estate in New York  should be disclosed in his next campaign.

Check out our latest PsychoNews story, "Psy-Ops, Disinformation & Bold Faced Liars"

"One method of conducting psy-ops is through the dissemination of disinformation.  Again, if you are not familiar with disinformation, it is best to turn the history books back to the chapter on the Nazis.  Joseph Goebbels famously stated "truth is the enemy of the state", while Hitler knew that "in the big lie there is always a certain force of credibility..."

New_Meat's picture

Herd Red-

"Its a good point that Jimmy makes, perhaps the largest owners of real estate in New York ..."

Can we get us a Chicago?  <in Doc Dean's wonderful voice> Or a Phily, Or a NYC, Or a Boston or a gararafrargbrial!

Bernays would be proud of his student and his student's product.  One wonders about his pride for the result.

Herd Redirection Committee's picture

"Bernays would be proud of his student and his student's product.  One wonders about his pride for the result."

Feel free to elaborate.  Consumerism run wild?

jeff montanye's picture

i found the comment impenetrable too, but glad to make bernays' acquaintance.  

glad of your site as well but how about some democratic party psychos?  obama certainly seems to fit many of the criteria.  

also re your comment about keeping the ability to issue fiat in a few hands: seems like the hands were hand over fist on the way up (the whole shadow banking thing); now not so much.  does ben really want to keep his issuer (of last resort) title to himself?  he says he wants the banks to lend (but paying interest on reserves at the fed is, at first look, self-contradictory).   

dark pools of soros's picture

So Jesus is the main Duct Tape for the screwed?

jeff montanye's picture

that and their guns.  the president said so.

Frank Owen's picture

wtf? Never thought i'd see flutists, vampires, and Justin Bieber mentioned in a "chart" at ZH.

Caviar Emptor's picture

I'm glad that a year where we only tepidly raped the environment is finally over. Let's get back to the destruction with a vengeance: we should be drilling, mining, cutting all lands that are left and thrill killing all the remaining wildlife, just so we can get a quick economic fix for a couple of years. After that? Well, you can always say 'who knows'

jeff montanye's picture

there are some silver linings to even these tornadic thunderheads: that the power elite has decreasing moral authority for an increasing portion of the rest of the populace joins your favorable environmental impact.  others?

duo's picture

If it's Bloomberg, you're sure to hear "conflict gold", "child labor", and "lead poisining, AFrica" used in at least 1 story a week.

ivolatility's picture

“Nothing is correlated”

Nassim Taleb


VeloSpade's picture

I beleive he also said correlations fail when you need them most, os something like that....

TexDenim's picture

These megatrends sorts of analyses are always interestingl, but they don't have much to do with what ES is doing. No one is going to convince me that Groupon's success or failure has much to do with the meaning of life. Sorry. I'm not convinced that any of this stuff is meaningful in a way that will help me make money.

Fearless Rick's picture

Rent is for peasants.