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Goldman's Swirlogram Confirms Economic Slowdown
It would seem that the downswing into this economic slowdown has been considerably faster than many expected (as it always seems to be). Since we first introduced Goldman's Swirlogram indicator the business cycle (in May 2012), helped by the promise more and more liquidity, we have rotated remarkably from slowdown to contraction to recovery to expansion and now - in November - the leading indicators are pointing to a rapid shift into a slowdown phase. The Global Leading Indicator (GLI) is losing momentum fast and has made lower cycle highs each time since the 2009 'recovery' began. While Goldman caveats some of this with 'Sandy'-related impacts, the GLI seems to confirm what Global PMIs are hinting at - that global growth is slowing.
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The only swirl I see is our economy circling the drain...
Mon Dieu! But how can this be? There are still a couple of resources left on the planet that have not been wasted. Surely there is room for more growth.
Like the movement of a stripper: when she gets closer to the pole you know shes going down.
That is clearly the northern hemispheric chart.
In the southern hemisphere the toilet bowl circles counterclockwise as it flushes.
http://www.discovery.com/area/skinnyon/skinnyon970523/skinny1.html
(Still not sure why Nov-6 wasn't the turd)
western elites try to contain china with global recession.
Dalago - well played sir! That made me laugh out loud
I think the Bosley hair care technology for growing-in bald spots may be helpful here..just a thought.
My fuckyou-ogram says, "eat shit and die Goldman"
Well, I see an economic gyre, spiraling towards an inevitable singularity. An econo-gyre, one might call it.
Flush it !
The only way to stop the flow is to stop the Federal Reserve and get back on a metal standard.
http://wh.gov/XWkP
http://wh.gov/XWkP
http://wh.gov/XWkP
I didn't realize there was a free-market writer named Thomas Sole. I've only know of a Thomas Sowell, a name that is not on the petition.
Mispelling a name on a petition will not help to advance the cause promoted by the petition.
somewhere somehow a muppet is getting set up for a face rip by one of the 70 new "patnuz"
swirlogram? Who makes that? Whammo or Popeil?
Draino?
Love me the swirlogram.
Love it!
I no chartist but that sure looks fibonacci to me...
12/21/12
Singularity, bitchez!
apparently this swirls the other direction if you're in Australia
...envision whirled peas..
The vertex in the middle of the chart is supposed to represent the drain, right?
Anyway, how are we supposed to profit from this?
Show it to your girlfriend after a few drinks... then "panic sex"!
I just realized...it looks like all problems will be solved when we finally hit the middle of the chart. We'll be in expansion and contraction at the SAME TIME. Sweet.
Actually, if you're familiar with the concept of angular momentum, this is pretty interesting. Angular momentum is the product of mass x velocity x radius. Here, the mass is money supply, and the velocity is how fast we spend money. Despite massive increases in money supply, velocity is slowing even more rapidly so that angular momentum is decreasing. As we approach the origin, it will take even more massive amounts of money to make up for the dramatic fall in velocity (as everyone realizes AAPL isn't going to $5,000 but gold is) until, as velocity reaches zero, the money supply must become infinite!
Zimbabwe leads the way! Hyperinflation, bitchez!
Yeah, at singularity, we'll all suffocate under massive piles of FRNs.
Oh the humanity!
Lol and yep.
infinite money supply being QE to infinity and beyond.
For an orbiting satellite around a little crummy planet with gravity as the force of attraction "still pulling it in".
Suggests to me that the total value so far created may have slowed the rate of collapse but it is still a crash trajectory.
THE BIG QUESTION IS HOW MUCH WOULD NEED TO BE CREATED TO MAINTAIN A STABLE ORBIT?
my economy never sped up, though the prick has gotten more expensive
Goldman gives us a swirlie? Yeah. That feels about right.
Looks like a GS turd(no offense TF) about to go down a toilet
30+ years of steadily increaisng savagery and never-ending collapse.
all becuase a handful of central bankers refuse to admit they were wrong.
I don't think we've seen anything yet.
Where's the PPT with the net? Rescue some floaters!
Might be more like the doodie scare scene in Caddyshack..
LOL!
If that were a Rorschach blot, I'd say the snake is eating its tail (just like the economy).
...snake is eating its tail ... this is how a Ponzi scheme comes to an end.
I got that.
All in one easy to understand chart!
it's over
Death Spiral?
Isn't that the floorplan for the new JCP stores?
Muppetogram?
we had a dead cat bounce during the 2009-2011 period. i wonder whether the dead cat would bounce for a second time?
Get in there Kevin!!!! Nice Job Buddy!!!!!!!!!!!!!!!
If anyone can do it, Kevin can!
1353, he's working hard to save his phony balony job!
See if we lived in the southern hemisphere things would be going great.
...or is that the bottom of the drain?
Big Day for Kev. Big day. If Kev can get apple over $530 and have gold down $20 he is my fkin hero.
It's forced buying by primary dealers.
For anybody with wife and kids I recommend:
- 80%-90% cash
- 10-20% gold in the backyard, at least 3 ft deep. (I am not joking)
Think about going back to the stock market at S&P at 700 points. Go all in at S&P at 400 points.
EKM if the S&P gets close to 400 pts it will cease to exist. Equities and Bonds in all forms will be taken over and turned into a "private annuity" from Uncle Sam. The stock market will cease to exist.
What is logic that you base this conclusion on?
I can't see how S&P would not exitst at 400.
If you wipe out 50% plus of everyone's last hope of wealth, their IRA's, their 401k's etc the mass class action lawsuits against fiduciaries of all kinds will lead to chaos. Absolute chaos. These people have already coughed up 30% of their balances a few times in the last decade playing in a game they are forced to play in because the people who they trusted with their money told them to do so. More importantly in a lot of cases they were not able to opt out. This will give the gov the ability to come in and offer a guaranteed income (backed by a money printing machine) to everyone. The government would take the whole game over and more importantly the sheep will demand they do it.
Thx a lot.
I'm going to think about it.
Extremely interesting. Food for my brain.
Imagination separates an analyzer and a thinker. You have some excellent imagination.
Agreed, although I think the gov wants this to happen.
Why would they waste a perfectly good crisis?
I am quite impressed with this.
At 3rd read, this looks like the gov would take over the means of production.
Is that correct, is that what you imagine it could happen?
i think that is correct. i think if that happens that is the final orwellian nail in our coffin. not only does the gov take over, but we ask them to. i see it happening here after the storm that hit. people "demanding" the federal gov do something. honestly i opt for hyperinflation over that scenario.
not only does the gov take over, but we ask them to.
That's an important realization, not just for this scenario, but to understand history as well.
ALL the crappy stuff gummit has done was *demanded* at one point or another by some given faction or subset of the constituency. I assure you: if we stop bugging the government, they WILL stop passing shitty legislation.
Quite interesting as a thought, though.
I"m more inclined to think that it's opportunistic selling by the PDs. Kevy glued down the buy button for the last half hour and let lots of rats escape with their tails still intact.
Selling to whom?
To Kevin of course.
Don't worry.
The 25% who voted for the republicans will work for all the other 75% who can engage in useful activities like watching football, collecting food stamps and hugging trees.
Everything will be ok America, the president guarantees it.
Be happy, beeeeeeeeeeee happyyyyyyyyyyy.
Screw the POTUS, I am walking in front of Kevin tomorrow and dropping rose petals if he gets this bitch green at the close. In Kevin I trust.
Quite feasible, but it's not Kevin.
If primary dealers have a crapload of apple, they will defend it until..........it drops $100 in one day.
Whoa! You may be getting a call from 1-800-FLOWERS soon, confirming your order....
"While Goldman caveats some of this with 'Sandy'-related impacts, the GLI seems to confirm what Global PMIs are hinting at - that global growth is slowing."
WHAT! Oh my God. We had no idea here at Zero Hedge. This is the first any of us have heard of this. I, I, I, just....do not understand. Hmmmm! I better turn on CNBC and MSN to get "The Truth".
I want to give bernanke a swirlygram in the toilet.
I had a million bucks in the bank. So I hired me to manage my life at 100k a year. With that sort of salary I partied my ass off. Now I got a letter from the bank that says I am broke. How the hell did that happen?
----B. Bernanke
A 'swirlogram'? Is that where a beautiful girl shows up at your door, and ..
Oh, never mind.
those are directions on how to whip up a finger omlette,...yummy.
What happens at 0,0?
and
SWIRLOGRAM! WHEEEEEE!!!!!11!!ONE!!!eLEVENTY!
Flush multiple times - it's a long way to the White House.
Is that why geniuses on Wall Street dumped gold and bought euros today because as ZH would write in bold: "euro outperforms gold today."
Super Storm Goldman heading to all coast
That's either a fibonaci curve or a childs drawing of Sandy. Either way bad news.
was thinking it was the golden ratio
This is EXACTLY like the swirlogram published in the WSJ about 20 years ago showing the decline in trade of the Great Depression.
you mean this one ? :
http://peltiertech.com/images/2008-12/plughole-spiral.png