Today's Economic Data Docket - Plunging ISM, Weak ADP, Collapsing Car Sales

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Boilermaker's picture

....and futures are where?

cashcow's picture

Great buying opportunity?

blindfaith's picture

yes, I am going to go buy a bible and pray for a fucking miracle.  Nothing else appears to work.

TruthInSunshine's picture

what kind of stingy depressionary economy won't let a Fed chairman buy a virtuous economic cycle for $800 billion?


800 billion?

C'mon, Zero Hedge!

Bernanke & Timmmmayyy have plied the system with at least 8 trillion, and as much as 12 trillion, if one includes TARP, TALF, Quantitative Easing, Federal Reserve & Treasury backstopping and guarantees of loans, credit facilities, and other machinations.


The worst investment of time, (un)thinking and money ever implemented by a government and globalist Lizardian Ward of Rothschild ever made (whether by design or not).

euclidean's picture

>Brave New World of Monetary Policy ?????????

WTF? Do you people have 12 year olds running the Fed Reserve? What a bullshit reinvention of age old monetary manipulation. Try the interest rate lever you halfwits.

There is nothing brave about the shit you are pulling with ZIRP and your home grown currency devaluation.

PaperBear's picture

The lack of demand for the USD and other forms of paper is behind demand for gold and silver.

Convince the brainwashed precious metals bears with this statement and leave the bankster propagandising precious metals bears to their fate.

Everybodys All American's picture

Goldman this Goldman that.

Sean7k's picture

Speculation in a bubble shows no reason. When the equity bubble pops, it will be proclaimed unforseeable. Techs will lead. 

dcb's picture

A big couse of this mess and data not being reflected in the market is HFT. when there is no cost of trading, no taxation of pernalty for holding shares less than 30 seconds, the market can't function the way it should. a tobin tax would help.


the not so mighty maximiza's picture

Kick ass numbers from kick ass leaders.  A PhD in every Cracker Jack Box, a PhD for everyone!!!!

blindfaith's picture

10:00: Construction outlays (April): Small decline.

Gosh with only 4 million sold of the over 20 million houses in bank possession, why is this such a surprise...Oh, that is right Goldman said it, now it has teeth.

overmedicatedundersexed's picture

no way out, the people suffer the madness of kings.

raise taxes, lower taxes, more QE or no QE..

the root cause of the peoples malaise (even if not fully understood by many)  is...Justice has not been served.

until the criminal manipulations that resulted in 2008 crash are brought to the sun light and those tax dollars are clawed back  and those criminal bankers and pols face amount of economic tinkering will fix the root cause.

party on DC and wall street..until the mob comes to exact that Justice

Use of Weapons's picture

New painting of Lloyd Blankfein to be hung at head office, unveiled today:

Sean7k's picture

Doing God's work- taking the people down to their deaths. Nice catch.

PaperBear's picture

ADP only 38k when 175k was expected - HOLY S**T. How bad is that ?

Sean7k's picture

And with the McDonalds hiring splurge. Wow, that is a disaster.

flyr1710's picture

38, guess double dip recession is transitory

PaperBear's picture

A 80% miss on ADP, up will step Sandra Pianalto to grease the skids for further QE.

johny2's picture


quantitative air dropping 1

Rockfish's picture

Median forecast (of 37): +175k; last +179k.

virgilcaine's picture

Housing is dead and isn't coming back, the chart of existing home sales will look like new home sales in a few months.  Price & Sales are in Crash mode now.

One thing we have learned is how LONG these cycles last once a major trend has changed course.. Japan still in re decline 21 yrs later.


Why do I  see a crash looming in RE?  The Psych. component, people are emotionally attached to their houses, when They should be treating it as a liability and getting out anyway they can. More than Half of all Home debtors are underwater and increasing daily.

White.Star.Line's picture

My future classified ad-

2009 Honda Accord, PRE-Fukushima, with certified low rad backup parts. Will trade for 2 grams of gold, or 100 acres of prime farmland, or 5000 wheelbarrows filled with any world currency.

buzzsaw99's picture

QE2 worked as planned, it siphoned profits to da bankstas.

jmc8888's picture

"Brave new world of monetary policy" about "Same old shit"

Is it brave to be the asshole that puts such idiocy forward? I mean is a lemming brave for jumping off a cliff?

glenlloyd's picture

I think history has taught us that 'the brave new world' isn't all that new, nor does it require much bravery to impose bad monetary policy and impoverish a population.

When will they start selling rotten veggies at these fed speeches?