Where Did All The Hope Go?

Tyler Durden's picture


Following last night's expectations-filled State of the Union speech, we know that housing is rebounding and our stock market is rising but while these are pointed to as evidence that we are on the right track, it appears, from these three charts, that expectations for hiring, capital expenditure, and retail spending is bad and getting worse. Of course, the divergence between our current market's reality and an uncertain future is nothing new - but the spread is starting to become untenable as even with stocks at five-year highs, confidence remains weak. Simply put, the people know reality and only the talking-heads choose to ignore it.

Hiring Expectations are fading fast...


Capital Expenditure plans have rolled over and real spending is following...


and just as CEO expectations for retail sales rolled over - they were right - and retail sales growth is slowing rapidly...


it seems the only place where 'hope' is priced is the nominal price of the S&P 500...


Charts: Bloomberg Briefs

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Wed, 02/13/2013 - 09:54 | 3239987 100pcDredge
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It went to the secret supermarket to get the final Twinkie.

Wed, 02/13/2013 - 10:03 | 3240008 notbot
notbot's picture

My hope is gone.  I can't believe I have to listen to four more years of stupid. 

Wed, 02/13/2013 - 10:09 | 3240029 GetZeeGold
GetZeeGold's picture



Don't fight it...just join the Cloward and Piven cult and take the lobotomy.


You'll won't feel better.....but you won't really care either.

Wed, 02/13/2013 - 10:19 | 3240054 Sudden Debt
Sudden Debt's picture

they say mindless people feel better and are more happy...





after watching it myself...

I dissagree...

Wed, 02/13/2013 - 11:25 | 3240274 krispkritter
krispkritter's picture

Hope got nailed in the backseat of the Choomwagon and is now knocked up and currently sitting on the couch watching Dr. Phil while drowing her woes in EBT-supplied Diet Coke and bon bons...4 years? Hell, I can't take another 4 minutes of this crap...

Wed, 02/13/2013 - 11:30 | 3240288 GetZeeGold
GetZeeGold's picture



I suggest you take a break and see if Cabelas has any new ammo shipments.....something to take your mind off the time.

Wed, 02/13/2013 - 12:11 | 3240373 espirit
espirit's picture

Ah yes, one in the hand will protect the Eagles in the other.

Wed, 02/13/2013 - 10:12 | 3240043 Yes_Questions
Yes_Questions's picture



Only to be followed by four moar

Wed, 02/13/2013 - 11:30 | 3240287 Woodyg
Woodyg's picture

It wasn't Hope and Change - it was Hopeless In Chains -

Corporate fascism financial coup d'état - housing? Not average owner occupies buying houses - it's large funds and the banksters buying the houses up for a 1/4 of the list price -
TPP - follow the loosest labor and environmental laws and corporate predators can then sue localities for the cost of said laws - race to the bottom and codification of corporate rule and pure destruction of the sham called democracy.
And it's not just 4 more years of a fascist bastard - lets count - prior to the oilybomber 8 years of the bush crime family and the false flag event called 9-11 that redefined the world. Clinton and his merry band of fascist banksters - 12 years of the bush crime family prior to Clinton - and on and on it goes -
The true problem is we already ravaged the easy pickings in the 3rd world - now it's our turn -

Wed, 02/13/2013 - 11:30 | 3240289 I am more equal...
I am more equal than others's picture

My only hope is that I live long enough to watch the firing squad shoot these lying manipulating mother fu*kres.  Unfortunately, I'll be shot long before sense becomes common. 

Wed, 02/13/2013 - 09:55 | 3239990 docj
docj's picture

It would be easier to count the things King Putt said last night that weren't blatant, in-our-faces lies.

Wed, 02/13/2013 - 10:41 | 3240139 NotApplicable
NotApplicable's picture

Not in my face. If it weren't for the internerds, I'd had no idea that O'bummer was waving his lips about anything.

Pointless rhetoric is pointless.

Wed, 02/13/2013 - 11:10 | 3240234 Etsh
Etsh's picture

What, you didnt realize that because of Obamacare health care costs are now coming down?

Wed, 02/13/2013 - 09:55 | 3239991 LawsofPhysics
LawsofPhysics's picture

Relax, Ben's got this.  It must be your lying eyes.

Wed, 02/13/2013 - 10:24 | 3240032 Cdad
Cdad's picture

Where is the hope? It is in the big banks and the criminal syndicate known as Wall Street.  I hear that hope has been collateralized and is on offer in package form.  Later on this year, I am hearing that there will also be an ETF offering, HOPE, and that the ETF will track fund flows to the Bahamas.

Additional:  HOPE most certainly is not in the Iron Ore sector, as CLF implodes again, cuts its dividend, offers preferred shares, and generally pays for malinvestments.  Once again, the guys over at the Active Bear Fund HDGE hit another home run [that is about the 8th or 9th this quarter, all positions in their top ten holdings].  At some point, the arb trade is going to break there...and that dog is going to have one hell of a redemption day.

Wed, 02/13/2013 - 09:56 | 3239992 LongSoupLine
LongSoupLine's picture

The fucking "hope" was shit out of obama's ass, monetised, and given to the fucking banks.


Fuck you obama, fucking chicago propaganda shitting fuckstick.  I hope someone jams a fucking telepromptor filled soap box down your fucking neck you prick eating asshole.

Wed, 02/13/2013 - 09:59 | 3240001 clagr
clagr's picture

Don't hold back. Why don't you tell us how you REALLY feel?

Wed, 02/13/2013 - 10:29 | 3240093 GetZeeGold
GetZeeGold's picture



Ohhhh crap.

Wed, 02/13/2013 - 10:02 | 3240004 Sudden Debt
Sudden Debt's picture

maybe if he started giving 3 hour mindless speeches hope would return?

WE ARE GETTING INVOLVED into your lives in a way you can't believe...

AND WE'LL PLAY A BIGGER ROLE IN YOUR LIFE as you'll be working mostly to pay your taxes...

BUT REMEMBER THERE'S NO EASY WAY OUT OF THIS because we'll be monitoring your every move...


Wed, 02/13/2013 - 09:58 | 3239995 Sudden Debt
Sudden Debt's picture

well... hope is at 1650$ right now...

Wed, 02/13/2013 - 10:51 | 3240174 NotApplicable
NotApplicable's picture

while change is at $31.

Wed, 02/13/2013 - 09:59 | 3240000 Sudden Debt
Sudden Debt's picture


unless everybody does it...

Wed, 02/13/2013 - 10:02 | 3240005 LawsofPhysics
LawsofPhysics's picture

Yes, I often wondered how the earth was going to settle it's account balance.  Gold from Mars?  What are we selling them?

Wed, 02/13/2013 - 11:08 | 3240040 Sudden Debt
Sudden Debt's picture

we've send them multi billion dollar robot toys...



Wed, 02/13/2013 - 10:02 | 3240006 HD
HD's picture

"Where Did All The Hope Go?"

There was never any hope - just propaganda. People may be ignorant of the realities of politics and financial markets but they can see what is happening to their own security, opportunities and civil liberties.

Printing trillions and giving it to the top 0.01% does not fix a damn thing - and even ignorant debt slaves understand that. It doesn't matter what the media proclaims, or politicians promise - reality is reality when you live hand to mouth.

Wed, 02/13/2013 - 10:38 | 3240126 CheapBastard
CheapBastard's picture

Moar zero down loans so people can live beyond their means...moar EZ-to-get Student loans for those social science degrees....moar credit cards in the mail again....tyring to revive happy times on exhaust fumes....

Wed, 02/13/2013 - 10:51 | 3240173 tango
tango's picture

As one of the Tylers has pointed out, higher gas, food, rent prices and a return to the former SS rate dictates that folks will hit the debt button again. I can't figure how someone with an average income is making it without living paycheck to paycheck.  Then again, if someone had ever told me we would pay such huge amounts for phone or TV I woud have laughed. 

Wed, 02/13/2013 - 10:04 | 3240007 Water Is Wet
Water Is Wet's picture

Today will be another day of manipulation in the markets.  Yesterday featured a state pageant so the market needed to be maintained to present the right atmosphere for the pageant.  Today the market must be maintained to present the appropriate atmosphere for permeating the correct reaction to the pageant.  As for upcoming days which will not see the mandatory implementation of behavioral finance, ....

Wed, 02/13/2013 - 10:03 | 3240012 new game
new game's picture

I am now thinking the hope comes down to being is a state that says goodbye you fed fucks.

we are our own soveriegn nation and there is now 49 states left to avoid with a passion.

strict border control with anyone from ca or ny allowed to enter for visits only!

Wed, 02/13/2013 - 10:06 | 3240022 Whiteshadowmovement
Whiteshadowmovement's picture

I wish there was honestly 1 state that had the balls to secede. A dissolution of the Union might be the only real game changer. 

Wed, 02/13/2013 - 10:11 | 3240035 new game
new game's picture

texas and/or oklahoma(maybe wyoming) only chance i see. not over run by libtards yet...

Wed, 02/13/2013 - 10:24 | 3240071 semperfi
semperfi's picture

Or a seccession bloc:


I don't know what to do about Colorado & New Mexico since they suck and are in the middle of this bloc. Ideas?

Wed, 02/13/2013 - 11:14 | 3240246 earleflorida
earleflorida's picture

"NSA Utah Data Center: Biggest-ever, domestic spying Lab? [3/17/12]


*Construction was started way back in late 2005 and should be completed in late 2013... Nice!!!


Wed, 02/13/2013 - 11:05 | 3240195 Whiteshadowmovement
Whiteshadowmovement's picture

As much as I love Texas, everything is bigger there, including the talk. At the moment its nothing more than a catchy slogan to put on a belt buckle. I would love to see it, but its a beautiful dream that I dont think will ever happen. Not only will TPTB never allow it as North America has become far too integrated, besides what will they do with all the Yankees that moved there in the past decade?

Wed, 02/13/2013 - 10:53 | 3240181 tango
tango's picture

Just wait.  All it will take to start the ball rolling is a California or Illinois or New York going belly up and the other states bailing them out to start the talk.  Texas could attract several surrounding states and probably will is things continue to the logical conclusion. 

Wed, 02/13/2013 - 12:07 | 3240361 earleflorida
earleflorida's picture

'two can tango...'yesknow?

Wed, 02/13/2013 - 10:24 | 3240078 new game
new game's picture

like a reverse prison - keep the libtards out, expell anyone that doesn't own a gun and know how to use it. strict adherance to the constitution, border controls with cordgible visits :), no wars on anything-drugs legal/strong rehab, unions with no collective bargaining, and so on. flat tax with government bound by exact amount collected from taxation-one flat ass tax on everything-more u consume the more you pay.

Wed, 02/13/2013 - 10:32 | 3240110 new game
new game's picture

done dreaming, back to reality- (as you shake me) wake up, WAKE UP!


Wed, 02/13/2013 - 16:35 | 3241046 tango
tango's picture

The more tightly defined the rules, the more authoritarian regime.  It's happened too many times to count.  Most social contracts evolve naturally for a reason - family, unions, government, schools, owners, workers, etc - and rigid rules never solved a thing.  Accepting or rejecting folks based on ideological purity has never - and will never - work for the obvious - nobody can be as pure as me.  

Wed, 02/13/2013 - 10:29 | 3240094 Winston of Oceania
Winston of Oceania's picture

What about out here in the West Virginia part of NY? ie Finger Lakes Region

Wed, 02/13/2013 - 10:05 | 3240018 mess nonster
mess nonster's picture

We are at war with Eastasia. We have always been at war with Eastasia.

Wed, 02/13/2013 - 10:27 | 3240089 Winston of Oceania
Winston of Oceania's picture

I've been saying that for like soooo long...

Wed, 02/13/2013 - 10:06 | 3240020 SheepDog-One
SheepDog-One's picture

You can only pump the bubble so full before something blows out.

Wed, 02/13/2013 - 10:24 | 3240072 ShorTed
ShorTed's picture

Obama blows.  Does that count?

Wed, 02/13/2013 - 16:39 | 3241063 Borrow Owl
Borrow Owl's picture


I just had a horrific mental image of Hillary's balls bouncing off of his chin.

I think I may be scarred for life.


Wed, 02/13/2013 - 10:07 | 3240021 holdbuysell
holdbuysell's picture

GE, a bell weather, announced a multi ten billion dollar accelerated timeline stock buy back. That money WON'T be used for CapEx.
You have GOOG's Schmidt selling nearly half of his Google stock worth 2.5B.
Of course, no one will have seen it coming.

Wed, 02/13/2013 - 10:11 | 3240036 mess nonster
mess nonster's picture

Anyone buying anything except ammo, seeds, draft animals and remote arable land with defensible characteristics, they aren't seeing it coming.

Wed, 02/13/2013 - 12:40 | 3240431 espirit
espirit's picture

Concur.  Best to practice a bit in all those aspects because "having" them without knowledge to utilize is at best a novelty.

...and try it without electricity.

Wed, 02/13/2013 - 10:11 | 3240034 sudzee
sudzee's picture

There is a glimmer of hope left. Minimum wage going up to 4 - 1964 dimes. Maybe wages will continue up to equal 1913 levels.

Wed, 02/13/2013 - 10:12 | 3240039 NumberNone
NumberNone's picture

Hope is inflating the stock market to 20,000 with fiat currency and hoping people it believe means that everything is great in the U.S. 

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