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Who Is Absent (For Now) From The Record High Party?
Four years from the lows and with US risk assets melting up, BAML notes that at this rate the S&P 500 will end 2013 above 2013! The low growth, high liquidity environment has, however, only benefitted some asset classes. As the following table shows, there are a few markets that have a long way to go still...
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When NKY is flat with its highs you'll know the end is nigh.
All [PAPER] markets... except for GOLD ~ which, unfortunately happens to be represented, on the chart, by a false PAPER accounting mechanism/metric...
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Note: Here's a chart... It takes, ON AVERAGE, exactly 2 comments [on ZH] to punch through the bullshit which is 'MSM vomited' financial market gospel... That is, of course, unless the comment is interpreted as 'anti-jew'... In that case it takes a couple of pages & ends up in a DRAW due to the tireless [& PAID COMPENSATION] efforts by the staff of your local ADL [who receive their unlimited funding from joobux ~ printed 'out of thin air', in case your Ostrich Ass was otherwise occupied watching the evening news]...
4 years from the lows and the real absence is the ability to learn and change.
Yeah, but it's a lot easier to do the same shit all over again.
The drones btw are to monitor the methane content in the atmosphere.
And they are being grounded. 1/3rd. Make amends soon.
May 3rd is the deadline or we all suffocate. Northern Korea better burn the atmosphere or we will so what is necessary to continue and keep some of you alive.
Regardless of the holes eveyone has dug into the ground. They die first by begin starved of air,
Smarten up. and move!! No body is going to show up and save the day.
Nobody. You all have the juice.
Can you please go into more detail about the apocalypse you keep mentioning? Otherwise, it's like trying to decipher Nostradamus or the tax code.
Goodbye, you will not be misseed.
ORI when you are up I need an assist. Deep shit situation. Grab everyone. Robin online is being found.
Now I get it, thanks for clearing that up...
No problem, as a spieces you managed to almost make it over the hump of your planet's issues.
You are one of 7.2 billion, not all can be helped. Some can be grabbed, and it will not be the asswipes hiding in caves. We do not abide cowards, we've been here a while.
Those that do their business win. But somethings are out of our control., lots of items. The masacre of each other is a big problem. And yes we are here. We are you.
We
are
you
For a long time.
There are ways that people of will can help this current situation. ORI has the mojo to teach you twinks how to help. If you want to stay like last time, then listen and shut up. I'm not here for kindegarden.
ORI your juice pot human. Help if you wish. Don't at your peril. You have too much juice otherwise, the chinese dipshits haven't shown up so they get to die with the rest of you.
You know where you need to throw it.
if you coughed, that was your test.
Shit. You understand that I have to ask for resolution. Assholes. I'm still a contrractor. Otherwise eat shit and die.
Those assholes need to understand life. The Chinese dick heads...? But if the Indian dickheads don't acknowledge it. Goodbye everything.
The agreement was made with those 'apperently' with the god head.
Yankees, you cannot contribute. EVER. You had your chance at saying hello, and you murdered us. Assholes. Russians, pricks, you murdered us at your WISH. Fuck you all. May you all burn in hell with the yankees.
CPL- you're not supposed to take the whole fucking sheet, you idiot. One little square. Just one!
This is Drugs.
This is your brain on Drugs.
Any questions?
not feelin too good about that copper plumbing i have after reading that link you shared.
kiss kiss die die
no worries mate, it all has to happen one day.
now kiss the bong
Methane? Wot Methane? Baaaaaa!
http://www.ameg.me
Forgot the Ackman bar
all time high measured in currency this is.
all time high measured in money (gold) looks much different.
just saying ...
Is the shit ever going to hit the fucking fan? Honestly. Some days I wonder if our mass The Secret delusion isn't 100% accurate. This thing has every reason to hyperinflate, catch fire, and sink into the swamp but it never fucking does
It's mostly if not completely comprised of human psychology, right? I think that means it can be relatively unpredictable due to its basis in irrationality.
The politicians’ jobs are to kick the can. And at doing this, they are very very good, if not bad for everyone else.
And also, if their money printing fails to keep up with the reduction in the velocity of money, then the markets can't ever really kick into hyperinflation. Theoretically, at least. In practice . . . we'll see.
Oh, and doesn't this give an awfully big pass to the politicians for enacting bad economic policies?
This only goes south if there is enough selling pressure that the algos and Fed can't counterbalance. Since the machine world knows Bernanke will come a-calling if they sell, they simply don't and make money inflating up, "fair value" be damned. Now if there is a massive trigger event that causes the selling, then this breaks. In summary: no trigger event for mass equity withdrawal, markets up (at least the DJIA/S&P from this article).
Yes, 'worse than expected.
Although, we also might correct in stock markets right after the S&P bounces down off its old highs (or from just higher or lower), right?
Oh, so this is what a 100% managed worldwide economy looks like! Fuck you, you central planning cocksuckers. And for you Janet Yellen, I hope you fucking choke on the 14" black dildo you're lesbo partner shoves down your fucking throat tonight.
+ 1 There's an image I won't soon forget.
SPX> Highest close 10-9-2007 @1565.15. Close today 1541.90.
Intestinal tumors, skin cancer, oral thrush, one kidney, cirrhotic liver, bladder infection, sepsis - but hey - the Doctor says his temperature is down to 98.6 degrees so he's fine.
I once took some really, really strong Mexican mushrooms, I didn't come down for hours. That was deffo my record high. Wasn't much of a party though, I just sat on a park bench and laughed a lot.
After throwing up?
Throwing up? No way, those little fuckers were expensive.
it wasn't peyote then...
2003 low was 777; 2009 was 666, +888 is 1555; Feb 22 was 999 trading days off the low. No one seems to mention that right now is the exact 4 year anniversary off the low, to new highs....and that the low in 2002 to the high in 2007 was exactly, to the week, 4 years. its always darkest before the dawn.
excellent observations! Somehow 1111 is going to figure in on this...
the downside target. that or 999. from here 555 down, is about 33% decline, which then to get back to 1555, is another 50% move up. nikkei returns since 1990 seem to do 33/50/100% runs up and down
The stagnation of my HiYield bond fund while stocks soar is an eye opener. As most know, these have trended together for years, even through our recent 5 year depression. This tells me stocks are now on a bender of their own. I look at the lofty values of stocks and ask myself the same question I did about my house back in 2006: "If I can't afford to buy what I own at this price again, who can?". Sadly, like most people, I learned the answer the hard way about my home two years later.
If you are an alien CPL, why you choose a green alien picture as you alias. Everyone knows aliens aren't green. They are translucent.
In terms of the graphs above, I would love to see them priced in purchasing power. The nasdaq is 50% from high and the USD has lost 50% of its purchasing power in the last 13 years since the high. So actually adjusted for depreciation of the currency, the nasdaq is 75% from its high. The dow is at its high. So basically if you rotated in all the stocks that have been dow components for the last 13 years and avoided all the crap that has fallen out of the dow. You still lost 50%, so those that say the dow has a decent return are full of shit.
The dow could hit 20 000 as money is further devalued, but even at that rate you barely break even long term adjusted for devaluing of currency. Truth is stock market has been a black hole overall. From what i can see keeping the stock market up is one of the better things bernanke has done. Of course, he should have also torn up options plans that fat cat directors have and not allowed insiders to sell. If insiders sell up, basically we have a further transfer of money from the poor through stealth tax as a result of devaluing of money thats going to corporate fat cats.
Ideally I would like to be in the upper class, but if thats not possible, i would rather be lower class receiving benefits. middle class is being totally taken out. My only question is do we get revolution or move back to days of slavery.