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It's going up so that's bullish.
Holy shit. During the 2007 mess the Libor rate cracked up by 0.4% overnight and THAT was huge.
Data, Bridge of the USS Enterprise Saucer Section:
Star Trek Movie some time ago.
EDITED ... so much for the damn Boost Phase, now we are in cruise phase.
Each bubble gets larger and more exaggerated it seems.
Just had to provide link to the "Bubble Song", the Bernak's ringtone:
you soooo should be on cnbc...
Technically its a 100% increase over Friday...
Fecal matter hitting the Westinghouse?
Well... it certainly isn't inflationary.
Troubles a brewin' repaet of 2008... this time coming from Europe (near perfect repeat of Great Depression 1)
Deja Vu - eerie...
i liked your new pic. HOT!
Is this QE3?
Am I reading the first graph wrong? It is not a 3% increase, it is a 3 point increase....which is nearly a 100% increase overnight...right?
If it goes from 3% to 6% that is a 100% increase, but also a 3% increase.
Oh kids, behavioral science tells us it's a 3% "absolute increase", and a 100% "relative increase."
nominal might be appropriate than absolute
lookin at those charts, seems more like 3.924% move (from around 3.031% to 6.955% is a 3.924% increase), meaning more like 130% increase for overnight, similar for 1-week,
It actually is a 3% increase. Which also is nearly a 100% increase.
It is both....thanks
Two mints in one!
Who's on first?
if it is both 3% and 100%, and both are
increases, what is the down side? ( don't
actually try to answer that ).*
also, is a 3% and a 100% increase the same
as 103 "fold" increase? ( same ).*
also, does this development mean that some one,
somewhere, just made enough money to buy a country
and all the people in it? ( same )*.
The Collapse of Nations All By The Hand Of Corrupt Bankers
June 19, 2011
3% is the same as 100%. My brain hertz.
this might have to do with it?
"The latest Treasury International Capital (TIC) report shows that net inflows into Treasuries increased for the month of April, mainly due to foreign government purchases. So when can we expect all of those "private accounts" to get with the program?
"Outside of equities, official accounts, which include foreign central banks, were the biggest buyers in the month with net inflow into Treasuries of $24.4 billion vs a net outflow from private accounts of $1.0 billion.;
A look at Treasury holdings by nations shows a $7.6 billion rise in mainland China, which is also a positive, to $1.15 trillion and a small decline in Japan to $906.9 billion. UK-based accounts, which are the third largest holders of US Treasuries, shows a $7.8 billion increase to $333.0 billion."
Well, with the rapidly progressing financial troubles of Europe and Japan, I suspect it will not be very long from now. In the meantime, as discussed in Bailing Out the Thimble with the Titanic, the Fed can continue to exert some influence over longer-term rates by selling insurance (IR swaps) on Treasury bonds through primary dealer banks, without any explicit monetization or anyone being the wiser (major investors). Eventually, the time will come when some form of QE3 is necessary, but that time will likely be sometime next year after asset prices have come down significantly. As for Gross, well, I still expect that financial shark to be well-positioned for the long-bond rally when it occurs, and in no small part because of his immensely pubic fear-mongering tactics."
( at link photo of shark jaws here )
Good and scary stuff. Especially the Great White.
What's on second?
3% is on first, 100% after the interlude (grab your popcorn)
Is that equal to the Doublemint twins?
It is actually hints like this, while the idiots as Marketwatch and on CNBS go on talking about green shoots, that let those who pay a little attention to get short and sit back a little bit until it's impossible to not see the issues at hand. Get short and wait.
That's above my threshold of a "hint".
Yes, but it's not headline story material for Marketwatch or MSNmoney so who really cares? :)
Get your Pop-Corn.....!!!!
I'm thinking something stronger.
+ 80 proof!
+100 proof. ;-)
180 proof and it will come from a still. The liquor stores will be empty soon enough.
it'll be a vueve if we take out that 1252 on the /es.
Redbull & Stroh 80 !!
commooon baby! Daddy needs an education in another country!
This is all pre-programmed window dressing to otherwise pare down the number of still standing banks - the Alpha Banks.
More banking chaos means fewer TBTF and thus guranteed survival for those at the center of this global assault on the human spirit.
The race is on to make it to the Basel 3 finish line.
And isn't it funny how Goldman-Sachs has been greased up for the sacrifice over these past few weeks?
And the Drums fill the jungle speaking collect the firewood and gather the feasting time.
Man I hope GS hangs, but I have been assuming they wouldn't, too much regulatory capture.
Think about it...
Goldman was at the center of the whole mess. They had people in the Treasury Department, they were called before Congress. We know the sins of Goldman! Yeah, that's the ticket...
We demand a public trial! The SEC has got the beef!
Live! On TV! The Trial of the Century!
There's Lord Blankfein doing his best Ollie North, going, "I do not recall that, Mr. Chairman. I'll have my people..."
Oh, you know the rest.
It was set up this way...
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