Bill Gross Warns "Very Likely' Central Banks Will Cause 1987-Like Crash

Tyler Durden's picture

What takes other Political Journalism majors (and CTRL-C/V minors) pages and pages of verbose essays full of acronyms and meaningless gibberish to refute, Bill Gross asserts in less than 140 characters.

Needless to say, he is absolutely correct.

Because just as HFT was a latent complacency "catastrophe factor" for the market, as we warned all throughout 2009 and were proven correct on May 6, 2010, so the central banks have now taken over the role of ultimate vol backstopper (as Artemis has shown over and over), a process which will have a catastrophic outcome with absolute certainty.

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Calidreaming's picture

Well then Crash this turkey already,  I dont think I can take any more of this crap

tsx500's picture

will someone please put me outta my misery  ?!

CPL's picture

Put in your stops losses.


ALL OF YOU.  Take the protfit even if it's a penny and hang the banks for their hubris.


It's 10:20 and Google has had selling pressure equal to it's average daily volume.  Very dangerous.  Best bet though, is to not play at all.

malikai's picture

Yes, please, we cannot run your stops unless you put them in.

fonzannoon's picture

I was thinking the same thing.

camaro68ss's picture

let it crash so i dont have to go to work anymore.

Pladizow's picture

No Fed, No HFT = No Market

francis_sawyer's picture

Waddell & Reed for FED Chair...

economics9698's picture

..3-5 years, we are at 3 years-11 months.  Could be 2014.  Keep showing up at work.

GetZeeGold's picture



Just look at our record. OK......maybe not.

Jake88's picture

that bet could keep you working forever.

CPL's picture

Good point.


But anyone in the reatail community still trading this slop is on crack.  The risk to it isn't company losses or any basic fundimentals anymore.  It's when the all equities are held by the bank and by proxy the government.  They will have to print the entire market now, again.


If you've been hitting the crack pipe and think the market is going to work for you and not the owners...well, put in the stop loss to save your ass.  Flying without it is like running around a whore house without a condom on.  It's just stupid.

DeadFred's picture

Soon is a loosely defined term, but soon. Take heart all you bears out there!

RSloane's picture

You've been right on every call so far, so I'm going to take heart.

Mountainview's picture

The bond equity divergence isn't the same as in soon will be later....

LMAOLORI's picture



Put you out of your misery no way they need you as a Debt Slave :) 

Gross isn't the only one predicting a crash Mark Hulbert


Another stock crash like 1987’s is inevitable

Paul Farrell


Doomsday Cycle targets America next




GetZeeGold's picture



Well then Crash this turkey already


There's always room for more turkey.


Here....have some Jello too!

redpill's picture

twenty twenty twenty-four hours to goooo, I wanna be sedated...

GetZeeGold's picture



It's a 72 hour waiting list....and that's only if you get past the deathpanels. Yes.....they're real.....we're not making it up.

The Gooch's picture

"beat up the Ben, beat up the Ben, beat up the Ben with a baseball bat OH YEAH" 

GeezerGeek's picture

I hear the Yankees have a lot of unused bats for sale....

CPL's picture

I don't wanna be buried in a pet cemetary...

Orly's picture

I don't want to wind up a cartoon in a cartoon graveyard.

HelluvaEngineer's picture

Not when we have assholes like Potter "actively managing" everything like the VIX today.  Look at that sweet 180 U-Turn!

CPL's picture

What U turn?  RSI is in the gutter.


Momentum is 30 to 1 against.

Orly's picture

Will someone please tell the Euro...

DeadFred's picture

Is anyone technically competent to confirm that put volume is closing open interest? Big banks are buying them back?

CPL's picture

Just look at BATs.  It's for laymen to watch the pressure in the system against particular stocks that are the market now (AAPL, GOOG, IBM)


All the players that lost their guts in profits.


Or install Eclipse Trader (open source, free as in Speech) and the HFT/Algo model plugins.  HFT's are out of money until the next 40 billion dollar bond sale.

billsykes's picture

market has to quadruple first, its only doubled since '08. I say enjoy and smile, take a loved one out, enjoy the moment and remember it.

fonzannoon's picture

The Bill Gross who tweets is so much better than the Giant pussy I watch on TV.

Everybodys All American's picture

I said the same thing below. lol

Unprepared's picture

In pussy matters, concealment is an attraction leverage.

rubearish10's picture

An Act of God seemes to be required.

JPM Hater001's picture

God will be right back...He's trying to get the light at the end of the tunnel back on.

It doesn't look good.

Dr. Richard Head's picture

That is actually a train heading right for us.

I did it by Occident's picture

Or God is the train.  He has a sense of humor like that.  It is to help us grow as human beings.  Life would be boring without adversity.

are we there yet's picture

Goldman forgot to pay the tunnel light bill.

Orly's picture

Your charts are very interesting.



becky quick and her beautiful mouth's picture

nothing good can come of hft. it serves absolutely no useful purpose. go to a library to the finance section and pull out some of the books written in the 80s, 90s, etc before hft took over. it's hilarious reading all of the chapters about how to discern value, etc. those books could all be one page now.

Unprepared's picture

Yeah, found a book called "Buffet invests like a bitch" or something like that.


Of course I haven't read it because I agree.

PUD's picture

today would be nice seeing as I have an ass load of expiring puts

JPM Hater001's picture

Yeah, today is about it for a few...

Bullish for the rest anyway.

Everybodys All American's picture

There must be two people who clam to be Bill Gross. The one you see on tv with his CNBC brethren and the one who tweets and writes his essays seem like two very different people.

Orly's picture

The PIMCO brand is very important to him, obviously.  He has to toe the line when he is on CNBS but, reading between his lines, he says the same things without getting belligerent.

He wants to be invited back, you see...

THE DORK OF CORK's picture

The crash of 87 was tha last time we could clean up this credit banking mess with fiat without too much pain.

Now there is going to be PAIN.