David Rosenberg On Perception Versus Reality

Tyler Durden's picture

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gloomboomdoom's picture

Fundamentals are near perfect in this market. Equities are as cheap as I have ever seen them. I had a great year. Currently hard and long the dollar.

Ben is = alpha. Owned all the doomers and DEAD-wrong bears. I want to kiss him on the lips . Jams another 600 billion up your hindenburg asshats.

How does it feel folks? No Recession where I live. Parking lots were jammed. Busiest season in years. It's great! (I am on team America). Middle class familes walking out with happy kids. Cheap consumer goods is an America tradition. BETTER GET USED TO IT!

America is great folks. You would be suprised how easy and managable it is to live off 20 grand a year. (I make $10 a hour).

I proud to be in American where at least I won't have to live through a Great Depression!

SheepDog-One's picture

LOL, funniest post ever. Tyler should 'contributor' you!

gloomboomdoom's picture

I am a BULL. ZH is a great site because it allows freespeech. (I would love to be a contributor, btw) (would take the job very seriously)

Count me on to the "Anti-Doomer" crowd. This is a bull market if I ever saw one.

I own Gold, but have been getting very nervous about a bubble.

I can tell you safetly. US Treasuries are not a bubble and will remain a virtual risk-free investment for the forseablee future

akak's picture

Allow me to correct your grammatical mistakes for you:

Count me on to the "Anti-Reality" crowd. This is a bullshit market if I ever saw one. 

I can tell you safely. US Treasuries are a bubble and will remain a virtual risk-certain investment for the forseablee future (until they collapse altogether).

 

There, all fixed.

You're welcome.

bankrupt JPM buy silver's picture

Ah yes.  The typical sheeple post.  THis person has been watching CNBC, CNN and FOX.  All is great in AMerica theme.  Recession is over touted on every station.  Or maybe he drunk half a gallon of eggnog prior to this post.  Not sure what to make of it other than sheer sheepleism.  Yup, I just coined the term 'sheepleism'

gloomboomdoom's picture

Did you say the same thing in 2009? THEY WERE RIGHT!

Those that refuse to wake-up and listen will continue to lose money as the greatest bull market in our lifetime advances to the upside

Internet Tough Guy's picture

You are right; you probably won't survive the Depression. A lot of people who fail to plan won't make it through. I hope you don't take your family down with you.

TradingJoe's picture

Please comment when you get your first, "Increased" tax bill(income, property, etc) and your 20K cant buy shit because inflation is near 1500-2000%, allighty?!?!

gloomboomdoom's picture

Inflation is low, low, low. Got it?

Run-Away inflation is not in our future at all. I promise you on this day.

667 on S&P= Once in a lifetime "event". Nothing else is coming. 2008 we had a "Crash" but that is behind us now.

SheepDog-One's picture

Right, all trouble is BEHIND us now as we discovered this new thing called 'print and pump and monetize the debt'....it's truly magical, and whenever its been done in the past its always lead to outcomes of rainbow unicorns that shit skittles and piss pink lemonade!

Nucking Futs's picture

Thanks gloom, you have just confirmed to me what 99% of the sheeple in the US think.  I was starting to get worried the PM market was getting too crowded.

xanax's picture

Sheep-Dog One made me spit coke on my keyboard.  Nonetheless, ramping up the printing presses to reinflate our bubble-driven economy worked just fine after the dotcom implosion.  I missed out on major gains staring at the Dow as it hit 14k in disbelief.  If you want to make money, time to follow the bubble back up.  Put some stop-losses behind you for safety.

Don't obsess over fundamentals.  There have been no sound fundamentals in our entire economy for at least 20 years.  Nobody cares.

Rogerwilco's picture

@gloom

Dude, you need to splurge and celebrate these victories. Get some new curtains for your ‘73 conversion van, they're on sale at W-M.

subqtaneous's picture

See: Disorganised Schizophrenia

 

SheepDog-One's picture

This is turning psychotic, whole country/world has lost its fucking mind.

knukles's picture

Vacillation between manic depression and homicidal rage.

Ricky Bobby's picture

The Trolls they come and the Trolls they go. I wonder who pays them. Is it under the table so they can collect their unemployment too?

Raging Debate's picture

I built a Social News network, at least the research phase is complete. I found in my research I could hire bloggers for ten dollas an hour to post several comments a day each. Since commentary activity is viral it does two things:

1) Increases aggregate site traffic

2) Encourages registered membership

 ZH trolls are indirectly attributing to the success of the site. In a screwed up way ZH should wish for their continued participation despite the poor taste of the disinformation thrown into the mix.

jus_lite_reading's picture

Another delusional know-it-all "investor" (who makes $10/hr at Walmart) in the same vain as Hairy Wanker (the now defunct troll).

It is because of people like you the system is broke.

Rasna's picture

But he owns GOLD... On $20K per...

Is this Harry?

C'mon dude...

Raynja's picture

Sounds like someone I'd walking around san fransisco circa 1905

Nucking Futs's picture

@gloom

I just wasted 20 seconds of my life reading your post.  I'd like it back.  FYI, you probably shouldn't have disclosed you make $10/hr.  Whatever credibility you could have amassed on ZH is now forever gone.  I suggest you give up this user name and start over.

TradingJoe's picture

When Rosie becomes (somewhat) bullish its time to SELL!

SheepDog-One's picture

Thats what Im talkin about man...when all the bears have decided to throw in the towel and jump in the muck and play with the pigmen, the end draws neigh.

dnarby's picture

Bullish on what, exactly?  I think he's bullish on commodities.  Top is in? (sarc/off)

Hook Line and Sphincter's picture

I'm seeing the few, who had emancipated themselves from the propaganda, engaging in a recent 'whipsaw' of attitude. At the core their knowledge hasn't evaporated, but a compartmentalized area has appeared. A choice few (who haven't left the phys beast yet) now are busy fortifying their perception that the economy is getting better. Others are entertaining the 'join them' option, ie, a couple who is actually enrolling their children in military school as a life/death hedge (purposely heading into darkness in a unique and twisted effort to save their offspring), and one who actually is trying to get a job at TrannySA to avoid future detention!

Shave your head and eat locust for the end is near!

Magat Guru's picture

One single metric will get me to believe the economy is improving -- my ability to get a job in my field in 2011.

gerd's picture

your logic is reflected in your paygrade.

Commander Cody's picture

Sorry about your problem.

bingocat's picture

thasss why i like bankershh... their pay grade is very high so they must be most logikul.

LOL

SheepDog-One's picture

Watching and shaking my head as once tellers of truth and reality turn to Nazi camp guards....'hey if ya cant beat em join em, its a good job, I was only following orders' is the new mantra? Pretty sad.

Oh regional Indian's picture

"The fact that Obama was so quick to ink a deal that included a hand in the Social Security cookie jar without even a sketch of a medium term fiscal plan to reduce the deficit has created a bit of a stir among some of the previously comatose bond vigilantes"

That is a classic.

Temporary separation from reality? I think not.

Severence is the word that comes to my mind.

Reality, raw but real.

Poor America, so deluded, poor rest of us, hooked like a freight train to THE GREAT LEADER, THE BEACON OF THE FREE WORLD.

ORI

http://aadivaahan.wordpress.com

Grand Supercycle's picture

Updated DOW chart with the megaphone wedge ...

http://stockmarket618.wordpress.com

 

 

SheepDog-One's picture

Its a weak confirmation though, only 2 contact points top and bottom? I dont even look at anything unless it has 4 definite touches, not fudged ones either.

gloomboomdoom's picture

QE2= BLUFF!

"By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so"- Ben S Bernanke 2002

jus_lite_reading's picture

SD1- Ignore the troll. He is baiting. Perhaps he is doing an "experiment"

 

LMAO!

 

 

inkt2002's picture

Give it a rest Rosey.  You are embarrassing yourself.

gloomboomdoom's picture

gonna have to do better than that... where is the "doom"? Where is this impending economic heart-attack going to come from?

Dollar Index day of Lehman bankruptcy 78.49
Dollar Index day of QE2 announcement 76.40
Dollar Index today 80.02

Max Hunter's picture

OK.. Dollar Index at 80... but

-PM's at all time high

-Agriculture through the roof, food prices up 30% over past couple years.

-Commodities very high

-Unemployment at 17%

The fact that you state you earn $10/hour and you are happy with your life is quite suspect to say the least.. Anyone with an 8th grade math level can quickly determine that life would be quite a struggle unless you own your house outright and have no other loans whatsoever to pay on.. Troll..

At least make your shit believable.

 

 

akak's picture

Hey Harry, just because you change your name and avatar does not mean that we cannot immediately see through your bullshit and instantly fail to recognize who you really are.

TexDenim's picture

The bad inflation news out of emerging markets, which is #4 on his list, is a certainty and is already happening. Why have central banks in PRC, Brazil, and other hot equity markets already raised interest rates? Because inflation is a reality in those markets and will be getting worse.

Drag Racer's picture

... core inflation will remain on a declining trend.

 

Yea, its jusy normal for cotton to be limit up and copper is always over 4.00...

knukles's picture

Core Inflation, Goddamn-it. 
Core Inflation.
The price of Cores has not changed in months.  Months, I tell you.  There is No Core Inflation. 
Quit Bitching About It.

America is Fine.
Fucked Up, Insecure, Neuriotic and Estatic about tomorrow's Bright Prospects.

Let them eat Green Shoots

sharonsj's picture

What planet are you on?  We've had core inflation over the last two years but the mainstream media has ignored it.  Perhaps your definition of "core" doesn't include food and energy?