Empire Manufacturing Beats Expectations As Prices Paid Surge To Two And A Half Year High, Advance Retail Sales Of 0.3%, Below Expectations Of 0.5%

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Tue, 02/15/2011 - 09:34 | 963072 slow_roast
slow_roast's picture

Levitation bitchez!

Tue, 02/15/2011 - 09:52 | 963120 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

SO MANY LAWS AGAINST PERVERTED PEOPLE BUT NO LAWS ABOUT PERVERTED DATA. WITH THAT IN MIND; WHO'S YOUR DADDY ?

(99% of you will answer: The Bernank)

Tue, 02/15/2011 - 10:05 | 963182 jus_lite_reading
jus_lite_reading's picture

This makes me wonder how last week's "CONsumer CONfidence" numbers were so high. LMAO!

Green shoots abound. We'll need to hire a few million "illegal landscapers" to cut 'em down just to see all the great news!

 

Tue, 02/15/2011 - 12:36 | 963723 Panafrican Funk...
Panafrican Funktron Robot's picture

http://news.yahoo.com/s/ap/20110215/ap_on_bi_go_ec_fi/us_economy

"There is a huge amount of pent-up demand waiting to be unleashed," Hoffman said. "The only missing ingredient for a sustained consumer rally is job creation."

Just... yeah.

Tue, 02/15/2011 - 09:35 | 963075 The Axe
The Axe's picture

Not only that...revisions on retail sales were BAD....ex auto and gas...retail sales fell off a cliff...

Tue, 02/15/2011 - 09:48 | 963108 jus_lite_reading
jus_lite_reading's picture

That "wealth effect" is really working!... or not. Let it snow let it snow let it snow!

Retail sales were abysmal. Enough said.

 

Tue, 02/15/2011 - 09:35 | 963077 morph
morph's picture

Check the retail sales revisions too. Expectations were missed even after large revisions.

Tue, 02/15/2011 - 09:36 | 963078 The Axe
The Axe's picture

Must be fucking snow...lol

Tue, 02/15/2011 - 09:40 | 963095 sodbuster
sodbuster's picture

Yep it was the snow.... and the cold- don't forget the cold!!

Tue, 02/15/2011 - 09:49 | 963111 cossack55
cossack55's picture

Snow is cold? WTF. What about global warming?  I want warm snow.

Tue, 02/15/2011 - 09:52 | 963128 sodbuster
sodbuster's picture

There's cold, 20 degrees.....and then there's COLD.....-20 degrees. 

 

Tue, 02/15/2011 - 09:38 | 963086 HelluvaEngineer
HelluvaEngineer's picture

Will someone please fix the futures?  They're red. Ok thx.

Tue, 02/15/2011 - 09:39 | 963090 papaswamp
papaswamp's picture

Can just start to hear....the squeal of the tires as the brakes are slammed on and the economic vehicle begins to slide towards.....(tune in next month) 

Tue, 02/15/2011 - 09:49 | 963113 HelluvaEngineer
HelluvaEngineer's picture

Our efficient markets are pricing this stuff in at least 6 months in advance.  I'm sure of it.

Tue, 02/15/2011 - 09:56 | 963148 papaswamp
papaswamp's picture

More QE and the skid will go on for a long time....just have no idea whether it will be hitting a brick wall or going off a cliff.....but I'm sure you are correct!! 

Tue, 02/15/2011 - 10:09 | 963189 Rodent Freikorps
Rodent Freikorps's picture

Either way, it is the sudden stop that kills you. I hope it is the cliff. The view will be better.

Tue, 02/15/2011 - 09:39 | 963091 jobs1234
jobs1234's picture

This will probably be spun as great data and up we go. BTFD

Tue, 02/15/2011 - 09:40 | 963096 Oh regional Indian
Oh regional Indian's picture

Hollow growth must continue.

Eureka moment. The only thing known that exhibits hollow growth is a baloon or a bubble.

Or similar.

ORI

http://aadivaahan.wordpress.com/2011/02/14/oil-crisis-in-a-thousand-words/

Tue, 02/15/2011 - 09:50 | 963118 cossack55
cossack55's picture

You forgot blondes.

Tue, 02/15/2011 - 09:58 | 963157 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

SOMETIMES I GO BLONDS, STRAWBERRY. I OWN P90X AND UNDER MY ROBE I'M RIPPED TO THE 9'S.

Tue, 02/15/2011 - 11:09 | 963413 Overflow-admin
Overflow-admin's picture

Could you please turn off caps-lock? It's F*****G ANNOYING!

Tue, 02/15/2011 - 09:53 | 963129 jus_lite_reading
jus_lite_reading's picture

ORI-- Hollow growth is a great term to descibe this giant cesspool of deception and lies. UK inflation comes in at 3.7% in a single month on the back of 10% rise in food price in the same month! DING DING DING! [in an old street English accent] 

"Lot's a chaulk-lit fer me to eat, lot's a coal making' lot's a eat. Warm face, warm hands, warm feet. Oh woodn't it be a loverly?"

Tue, 02/15/2011 - 09:46 | 963106 overmedicatedun...
overmedicatedundersexed's picture

nothing to see here..retail sales always drop after holidays. that price increase thingy is unexpected tho.

Harry tells me he is adding inventory waiting for the 2nd qtr buying spree per this report.

for myself I see a "silent spring" of higher debt, inflation and lower UE as 99ers commit suicide after getting dropped off the dole and thus reduce the workforce.

geen shoots this spring for sure Harry.

Tue, 02/15/2011 - 09:51 | 963126 topcallingtroll
topcallingtroll's picture

That suicide post appears to be a fake based on investigations by various posters.

Tue, 02/15/2011 - 09:56 | 963145 HelluvaEngineer
HelluvaEngineer's picture

Oh, did the federal bureau of blog investigations issue a statement on that?

Tue, 02/15/2011 - 10:53 | 963345 ElvisDog
ElvisDog's picture

I knew that post was fake when he wrote that he wasn't allowed to visit his dying partner in the hospital because he was gay. Really. Hospitals ask you if you're straight or not before permitting you access to a patient? I think not.

Tue, 02/15/2011 - 09:55 | 963140 jus_lite_reading
jus_lite_reading's picture

Thank goodness for Dr. Deficit the 99'ers will be dropping like flies come next month... we wouldn't want those peasants causing any trouble now, ya hear?

<sarc off>

Houston, we have a problem.

Tue, 02/15/2011 - 09:47 | 963107 Racer
Racer's picture

Ah but this is the new age of SouthSeaTulips.com where margins and earnings don't matter

Tue, 02/15/2011 - 10:37 | 963265 Rogerwilco
Rogerwilco's picture

Good choice for a domain handle. MississippiSouthSeaTulips.com is too hard to spell.

Tue, 02/15/2011 - 09:51 | 963121 Racer
Racer's picture

What a load of manipulated twaddle

Tue, 02/15/2011 - 09:59 | 963159 papaswamp
papaswamp's picture

"manipulated twaddle"...there is an under utilized phrase. I like it!

Tue, 02/15/2011 - 10:12 | 963194 Rodent Freikorps
Rodent Freikorps's picture

Seems like a bit of dog's breakfast to me. Eh, what?

 

Tue, 02/15/2011 - 09:54 | 963135 Misean
Misean's picture

If you just ignore the bad data, the ebubblemy looks pretty healthy.

Tue, 02/15/2011 - 09:54 | 963138 AN0NYM0US
AN0NYM0US's picture

ElErian and Shilling coming up on Bloomberg Radio - between 9am and 10am est

Tue, 02/15/2011 - 09:54 | 963139 kornholio
kornholio's picture

i hope the dow drops 1 or 2 points so i can BTFD

dips gettin more shallow, this bitch is ready to zoom to 36,000....

the old alcoholic art cashin said the market is "resting" what a fucking load of horse shit, he should go to the fucking nursing home with his case of cheap gin...

Tue, 02/15/2011 - 09:59 | 963162 Misean
Misean's picture

Resting?!?! I thought it was pining for the fjords...

Tue, 02/15/2011 - 09:55 | 963143 sudzee
sudzee's picture

Real interest rates must be down to -10%. Everything is just honky dory. Dow 100,000 easy.

Tue, 02/15/2011 - 09:56 | 963147 buzzsaw99
buzzsaw99's picture

It's all priced in, rally on!

Tue, 02/15/2011 - 10:00 | 963163 The Axe
The Axe's picture

Profit warning from FDX--stock up!!!   thats this market..up up and more up..

Tue, 02/15/2011 - 10:06 | 963183 jobs1234
jobs1234's picture

I know, thats pretty much all you need to know about this latest Aug-Feb parabolic move up - even when you warn your stock goes up. Why didnt Cisco just warn prior to its earnings call?

Tue, 02/15/2011 - 14:25 | 964142 ThirdCoastSurfer
ThirdCoastSurfer's picture

Fed Ex Up!

Lowers guidance by 25%, blames it on cocaine and fuel when it already collects more on fuel surcharges than the Airlines on baggage! 


FedEx - Fuel Surcharge

http://www.google.com/images/nav_logo36.png); background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; cursor: pointer; display: inline; height: 13px; margin-left: 5px; margin-right: 3px; vertical-align: 0px; width: 13px; background-position: -35px -229px; background-repeat: no-repeat no-repeat; border: 0px initial initial;">


17.0%, Feb. 7, 2011 - Mar. 6, 2011 After all, it'll be so much easier to post a beat in April and that's all that really matters. 

Tue, 02/15/2011 - 10:04 | 963166 Rodent Freikorps
Rodent Freikorps's picture

Why are lean hogs up so much? WTF?

What did I miss?

Tue, 02/15/2011 - 10:18 | 963209 Shameful
Shameful's picture

Emergency bacon reserves being built up.  I know a good part of my freezer is bacon.  I'm going to want it and Zimbabwe Ben is trying to turn me into a vegetarian.

In reality, if memory serves there was a hog culling months back as the price of feed started going up.  Price of feed forces disruptions in the meat market.  Have to cull to duck losing money on the animal feed vs sell price of animal.  The lower future supply in meat lets the prices move up.

Tue, 02/15/2011 - 10:28 | 963238 Rodent Freikorps
Rodent Freikorps's picture

Pork bellies are flat. They are gonna corner ham. Bastards. Smoked hams don't need refrigeration, do they?

Tue, 02/15/2011 - 10:02 | 963168 Sean7k
Sean7k's picture

Well, this just goes to show- America is number one when it comes to manipulating the numbers baby. China, Britain, Europe- what a bunch of posers. We're under 1% with a BTE empire index! In your face you communist underachievers.

Tue, 02/15/2011 - 10:03 | 963172 papaswamp
papaswamp's picture

I thought the big info was jobs...or lack of hiring. Confirming Gallup's flat hiring index.

http://www.gallup.com/poll/145856/Job-Creation-Flat-Fourth-Consecutive-M...

Tue, 02/15/2011 - 12:49 | 963782 Panafrican Funk...
Panafrican Funktron Robot's picture

I've lately become a big fan of Gallup.  Their consumer spending data is top notch. 

http://www.gallup.com/poll/127544/Consumer-Spending-Weekly.aspx

Excellent information for consumer discretionary in particular.  Not that said sector is currently based on fundamentals or anything, but still.

Tue, 02/15/2011 - 10:03 | 963175 Stuck on Zero
Stuck on Zero's picture

When you are spending more on energy and food you spend less on manufactured items.  Simple as that.  It's even worse when you're unemployed. 

Tue, 02/15/2011 - 10:12 | 963192 John Law Lives
John Law Lives's picture

How long before the arrogant runt that is The Ben Bernank tells us again that inflation does not exist, and that he could bring it under control in 15 minutes if it appeared.

I think he should donate his brain to science.  It might be very revealing...

Tue, 02/15/2011 - 10:15 | 963204 SheepDog-One
SheepDog-One's picture

Hans Delbruck? No the name on the jar was 'Abby Normal' something or other......

You mean to tell me I put an Abby Normal brain into a 500 pound printing machine gorilla?

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