Chicago PMI Comes At Highest Since 1988, Surging Input Prices Blamed On "TOO MANY FRICKEN SPECULATORS" [sic]

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Mon, 02/28/2011 - 10:57 | 1003671 Azannoth
Azannoth's picture

And I thought it was snow ;)

Mon, 02/28/2011 - 11:02 | 1003684 Rogerwilco
Rogerwilco's picture

They shoveled a lot of snow in Chicago.

Mon, 02/28/2011 - 11:12 | 1003695 Azannoth
Azannoth's picture

It's the Volcanoes in Kamchatka ;) causing global cooling, so I was right snow!

http://www.iceagenow.com/Volcanic_eruptions_driving_prices_higher.htm

Mon, 02/28/2011 - 11:05 | 1003697 Mad Max
Mad Max's picture

They've been shoveling mountains of something in Chicago, but it isn't snow.

Mon, 02/28/2011 - 11:20 | 1003737 Id fight Gandhi
Id fight Gandhi's picture

They shovel a lot of shit in chicago.

Mon, 02/28/2011 - 12:12 | 1003901 SteveNYC
SteveNYC's picture

Sorry "survey panel member", Goldman has to get their vig! I mean, you can't call them parasites for nothing!! And Ben needs his "inflation".....

....where is your patriotism?

Mon, 02/28/2011 - 10:58 | 1003674 BeerGoggles
BeerGoggles's picture

sellers are not speculators, right? only buyers can ush the price up, they don't buy from anyone...it's magic.

Mon, 02/28/2011 - 11:01 | 1003680 101 years and c...
101 years and counting's picture

frikken hilarious.  even the FX traders dont buy it for a second.  the USD continues to get pummeled even as the US economy "SURGES".  but, it's a MF Monday and the sheeple have been plowing all their savings back into equities.  see, "they" will win again.

Mon, 02/28/2011 - 11:04 | 1003691 umop episdn
umop episdn's picture

I didn't even know that it was possible to invest in 'fricken.' It must be used in everything, since just about all prices are increasing. I hope ignorance is curable in my case...  ;-)

Mon, 02/28/2011 - 11:49 | 1003824 Overflow-admin
Overflow-admin's picture

I'm long fricken frickens!

Mon, 02/28/2011 - 11:05 | 1003692 PeterSchump
PeterSchump's picture

My opinion of purchasing managers has been reduced even further.

Mon, 02/28/2011 - 11:09 | 1003703 Cash_is_Trash
Cash_is_Trash's picture

In article 10, Kool-Aid is spelled 'Cool Aid'.

These dumbasses don't even know what shit they're smoking.

Mon, 02/28/2011 - 11:18 | 1003733 Misean
Misean's picture

Yeah, great comment. You don't smoke Kool Aid, dumb ass, you snort it...DUH!

 

;)

Mon, 02/28/2011 - 11:05 | 1003694 RobotTrader
RobotTrader's picture

Once again, today is another example of how you must follow the tape, not the news...

Mon, 02/28/2011 - 11:12 | 1003719 tmosley
tmosley's picture

The blind follow the blind, until they hit traffic, then they are roadkill.

I hope you like the taste of chrome!

Mon, 02/28/2011 - 11:11 | 1003721 Rogerwilco
Rogerwilco's picture

With each passing month they use shinier lures, but the fish still aren't biting. Profits aren't real unless you find a bag holder to pay for them.

Mon, 02/28/2011 - 11:12 | 1003723 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

BS Bernanke's President's Working Group on Financial Markets is killing it today!  He and Geithner are going to have this SOB recover come hell or no dollar.

Mon, 02/28/2011 - 11:05 | 1003696 firstdivision
firstdivision's picture

Hiring rock stars huh?  Did they hire the entire band Great White for promotions?

Mon, 02/28/2011 - 11:06 | 1003698 Dick Darlington
Dick Darlington's picture

These diffusion indices are nothing more than derivatives on fed's balance sheet expansion.

Mon, 02/28/2011 - 11:07 | 1003699 fuggetaboutit
fuggetaboutit's picture

Wonder how much demand is being pulled forward as a result of people across every industry on earth chasing input costs higher?

Probably none.

Mon, 02/28/2011 - 11:07 | 1003701 99er
99er's picture

Crude

Looking rather toppy.

http://www.zerohedge.com/forum/99er-charts-0

Mon, 02/28/2011 - 11:11 | 1003716 Cash_is_Trash
Cash_is_Trash's picture

Isn't the proper crude Brent? Not WTI.

Mon, 02/28/2011 - 12:09 | 1003892 Charlie Bravo
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Most folks follow the WTI....particularly if you live in the United States...

Charlie Bravo

Mon, 02/28/2011 - 11:09 | 1003706 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I will tell you what, silver ain't moving on speculation alone.

Mon, 02/28/2011 - 11:09 | 1003707 TideFighter
TideFighter's picture

Just in from Vietnam: Go Long Fricken Dong

Mon, 02/28/2011 - 11:11 | 1003710 Bryan
Bryan's picture

Fricken?  Maybe he meant "too many Al Franken speculators"?

 

Anyway, one of my pet peeves is the ubiquitous substitution of "then" for "than."  When I see that, I think this generation is a product of the Evelyn Woodhed Sped Redding Coarse.

Mon, 02/28/2011 - 11:40 | 1003754 Bob
Bob's picture

My favorite is the complete revision of pronunciation for the words "a" and "the" in oral language.  I noticed Dubya going with the unvarying  long vowel "a" and "the" when stumbling through his teleprompter text back in 2000 and the next thing I knew everybody was aping him. They have since become staple articles of neo-pretension. 

If you use the correct forms, which used to distinquish you from dislexic retards, now it casts you as a dinosaur. 

Mon, 02/28/2011 - 13:44 | 1004233 Crumbles
Crumbles's picture

It's dyslexic, dumbass - guess you have a stupid spellchecker ?  Or perhaps it is just age.

Mon, 02/28/2011 - 11:09 | 1003711 cat2
cat2's picture

Scary, now they are going to blame the rock stars (aka best producers).  This really is atlas shrugged.

Mon, 02/28/2011 - 11:10 | 1003713 EscapeKey
EscapeKey's picture

I start to think the DJIA reflects the public gullibility expectation, rather than the economic performance expectation of 30 companies.

Mon, 02/28/2011 - 11:10 | 1003717 truont
truont's picture

TOO MANY FRICKEN SPECULATORS in market causing higher price

...So it begins...

Speculators again become the FED's scapegoat.

Mon, 02/28/2011 - 11:15 | 1003725 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

+1 and plus another for using Fed and goat sacrifice in the same sentence.

Mon, 02/28/2011 - 11:54 | 1003836 UninterestedObserver
UninterestedObserver's picture

Shit I bought an "Extra" 100lbs of rice this weekend - do you think they might come after me?

Mon, 02/28/2011 - 11:12 | 1003720 silvertrain
silvertrain's picture

 Silver must have just passed it's stress test...

Mon, 02/28/2011 - 11:16 | 1003727 tmosley
tmosley's picture

Haha, I was disappointed when I woke up to find silver at the same price it was when I went to bed.  

Now, not so much.

Mon, 02/28/2011 - 11:16 | 1003726 Miles Kendig
Miles Kendig's picture

The evil of speculation in markets rears its head once more.

#5 & 6 are great money quotes as well

Mon, 02/28/2011 - 11:17 | 1003728 Bold Eagle
Bold Eagle's picture

It will be revised later similar to the pending home sales index (December number revised from +2% to -3.2%)

Mon, 02/28/2011 - 11:22 | 1003748 DB Cooper
DB Cooper's picture

Using the Laszlo Birinyi ruler extrapolation method when the dollar index hits 1 the  Chicago PMI will be 1000.

Mon, 02/28/2011 - 11:34 | 1003786 Milton Waddams
Milton Waddams's picture

Can anyone confirm whether or not this is the first time the words "Rock stars", "Cool Aid", "FRICKEN" were included in a federal reserve survey of the economy?

[Accurately, for once] Blame it on the snow, correct?

Mon, 02/28/2011 - 11:54 | 1003837 DB Cooper
DB Cooper's picture

They must have surveyed Charlie Sheen.

Mon, 02/28/2011 - 11:54 | 1003838 UninterestedObserver
UninterestedObserver's picture

See what happens when they let Timmay write a survey

Mon, 02/28/2011 - 11:33 | 1003787 Iam Rich
Iam Rich's picture

Well, offer me a couple % real return in my passbook savings account and I won't speculate.  Problem solved.

Mon, 02/28/2011 - 11:37 | 1003798 baby_BLYTHE
baby_BLYTHE's picture

Rick Santelli is a legend and co-founder of the Tea Party.

Chicago is a great city with a fabulous new mayor.

Inflation is out of control!

Mon, 02/28/2011 - 11:54 | 1003841 UninterestedObserver
UninterestedObserver's picture

#2 is a joke right?

Mon, 02/28/2011 - 12:50 | 1004084 NotApplicable
NotApplicable's picture

He meant faaabulous mayor.

Mon, 02/28/2011 - 11:48 | 1003820 Overflow-admin
Overflow-admin's picture

Conclusion: blame helicopter Ben

Mon, 02/28/2011 - 11:59 | 1003830 Rogerwilco
Rogerwilco's picture

Dreary Dr. Coal has sneezed:

http://www.infomine.com/chartsanddata/chartbuilder.aspx?z=f&g=127663&dr=1y

Is he giving us the finger, or is that a H&S I see? Does anyone remember Q3 '08?

Coal powers over 50% of U.S. electrical production, in China it's over 77%, Germany 50%, Japan 27%.

Mon, 02/28/2011 - 12:34 | 1004008 lbrecken
lbrecken's picture

outright political rhetoric which tells you no numbers here can be trusted...whoever takes over in 2012 needs to clear teh decks on all whom work in govt for being complicit in this ponzi scheme

Mon, 02/28/2011 - 12:41 | 1004046 baby_BLYTHE
baby_BLYTHE's picture

Obama has a 75% chance of being your next president in 2012.

His approval numbers are reversing...

Fact is not fiction, folks.

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