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...in other news:
ZH gets a backhanded compliment from TIME.
Fresh wave of zombie incoming.
Federal Government posts biggest monthly deficit ever in February
Take that, zombies!
They are tough to kill. You gotta shoot those bitchez right between the right/left paradigm.
Realty Mogul, Sam Zell, Talks Inflation - says we're not seeing inflation because the CPI is distorted. (Mar. 3 2011)
Zombies? ...CNN's top story is all about exorcisms! Awesome!
I am not sure I would consider being mentioned in the same breath as Business Insider a compliment let alone Krugman, Ritholtz and Salmon - Now if ZH were at the top of that list and singled out as 'the' most influential that would be another story
Fact is ZH in terms of traffic blows them all out of the water with the exception of BI and they are falling fast as people learn of their HuffPooian ancestry.
2010 was a bad yesr for most.
and Larry Kudlow just suggested an interest rate hike and/or ending QE2 as a solution to rising oil/commodity prices...advocating a stronger dollar.
"In May and June, starting with Greece, people awoke to the realization that countries can’t perpetually grow their deficits and national debts faster than their GDP without consequences."
People may have awoke. Too bad the administration and Bernanke didn't.
I’m sticking to my call on Feb 22 that the DOW topped @ 12,391 on Feb 18 2011 and thus signals the end of the rally.
Yeah, but does the topcallingtroll concur?
Me too. The shorts have all the money since then.
Not sure if Tyler posted this in the past so apologies if he did but cover story in Time Magazine by Fareed Zakaria is fantasic. Are America's Best Days Behind Us?
Must read if you have not.
Yada, yada..., rigged markets are boring.
Why not just say it's easy for big, capital intensive companies to make money with zero interest rates, when you can also hammer your labor costs every quarter. Now when demand falls off a cliff...?
Market top is behind us. Real/Nominal, however.
What is currently transpiring is act one of a quick (12-month) 9 act play, ending with Order out of Chao they sowed.
Thankfully, that possible future might and should be interrupted by his Grace, the Most mighty Sol, old man, getting ready for a deep breath from Galactic Center. huff and puff, will turn this house around (poles and all).
I would love to see nothing more than that but raising rates unexpectedly will collapse the futures market as well as all those decoupled economies. Both raising rates and stopping QE2 will cause pension funds and 401k's to evaporate overnight and we can't have that.
Let me repeat this point one last time. There is too much oil out of the ground, there isn't enough room to store it, and demand is far lower than the pundits claim. The delivery point in NY has expanded it's capacity, and is adding more capacity and I don't even want to get into what's happening in Oklahoma. Moreover, all those refineries that have been shut down on the east coast are still operational, they're being used for storage...because there's no where else to put all the God Damn Oil. The retards that claim that the oil can't get where it needs to go are full of shit and all I needed to hear from those assclowns we call Statesmen to push for opening the SPR...fucking dolts.
Anyone buying into this horseshit is a real...wow, sorry, stream of consciousness blackout. Yeah gold and silver, woo-hoo go oil, we're running out. Quick buy cotton, there's no more fucking cotton in the world. Yeah, futures that's where the money is...today.
You're not drinking enough Kool-aid, but I feel your pain.
Where do people think synthetic oil comes from, naugehide trees? Oil is just liquid hydrocarbons. I survived organic chem with a B, but the real chemists must be laughing their heads off. Saying we're running out of oil is essentially saying we're running out of crab grass, corn stalks, and trash, but that doesn't fit the "sky is falling motiff." Happy Trading;)
People actually give this choad money to manage for them?!
Did he invoice them for the monkeys' time and the darts?
Oak tree. Quality. Surprising. Surprising that it's being observed here. Needless to say "they can liquidate as well."
love the part about missing great bargains. i think shorting right now will prove to be a great bargain: http://www.hedgefundlive.com/blog/short-this-market-nows-the-time
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Awesome! "Big discounts sale! If you do the wholesale or want to buy more than 5 pieces, please tell us in time." ZH got spammed by a Russian (or is it Chinese) wedding dress manufacturer. LOL.
Now THAT is a backhanded compliment. Enough wedding dress buyers here to warrant spam.
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