Presented with little comment, but for all those calling for multiple expansion to save us from dismal earnings - take a look at this...
- advertisements -
I'm not feeling very lucky
Didnt Larry Fuckin Fink say that US equities are cheap????
Although it has helped the economy having stock prices higher, rates speak a different tune.
A correction is likely in the cards.
The DOW was down 5 fuckin days in March...FIVE FUCKIN DAYS...guesss which days those were...the non fuckin POMO days....and i can see the April sched...its another 4 non POMO days this month. Just short at the close of the day before those 4 non POMO days and cover during the non POMO days....thats the only time to go short this joke of a market.
Btw, there will be rumblings in MiddleEast this month...it seems way to quiet there recently.
Well, can't have 'peace and good times' without the constant daily threat of WW3 at any moment.
Anything Fink says should be relegated immediately to the dustbin, guy is a giant wanker.
I know his son JF, hes a little wanker but a j-wanker nevertheless.
Joke or not, money is out there to be made!
Yep. Short sales are wonderful things.
The five down days for the dow in March were the 15th, 18th, 21st, 25th, 27th. According to this schedule:
POMO went on during all 5 of those days. So, am I missing something, or you're just talking out of your ass without doing the research?
Yeah so....I took a page out of CNBS and the BLS.
Remember the half-life of QE's discussed here previously; this current run is very long in the tooth
What are you talking about? I see it went down on 15, 18, 21, 25 and 27, but all these were POMO days according to March schedule.
Helped the economy eh? Which economy exactly? The economy of the increased food stamp users? The economy of those unemployed no longer counted? Or the small percentile that hold stocks? Eat my cock Krugman. Eat it hard.
Having stocks higher has helped pensioners - those who worked 30 years and braved long hours so they could retire; it has helped 401(k)s, or in other words, peoples life savings; it has helped restore confidence in the financial system.
P.S. the end of your post is disturbing.
YOU are DISTURBING.
Paul just print the money and send everyone a check if you are such a good guy. Your post implies that everyone non federal worker did not also work many years and long hours.
Pensioners would have been better served with sound money earned and saved.
Having stocks higher has helped pensioners -
Same thing was said in 1929. ZIRP has pushed pensioners into stocks in search of yield. When the bubble pops, I'm sure those pensioners will be thanking Bernanke and Krugman for the many blessings they have bestowed on retirees.
Zero interest and trillions of latent inflation has helped savers?? Restored confidence????
What's the atmosphere like on your planet?
First part is true, but I think the entire world is on edge about the future continuation of that restored confidence.
"Having stocks higher has helped pensioners"- At what cost? Is cat food on sale? What is the price of food and fuel relative to 5 years ago again? Are you saying these people don't need to eat? Fucking troll. Nice to see that even Krugman admits that this is a con-game.
Helped pensioners down the stairs....
...at freefall speed.
If the Fed didn't have interest rates beat into the ground, pensioners could have lower risk investments.
+1 for style points... even though you fed the troll, at least you fed him... well.
At least Minsky was honest in a thought Captain Obvious
any shred of credibility you had was lost with the TRILLION DOLLAR PLATINUM coin.
The solution to the problem is quite clear. Ratchet up credit to people with declining wages, securitize the debt, and then sell it to unwitting pension funds, and other dumb money investors. What? We already did that?
Back to the high finance drawing board, muppets.
I love how there are ETRADE ads right below this.
Really ? All keep seeing are ads for Swedish englarging pumps and cant figure out why.
Thats really not my thing ..........
The legendary Ron Jeremy has to eat too you know
Austin Powers? Is that you?
I'm all in, after all, "danger's my middle name"
LOl I'm getting mature dating ads, old birds with bellies hanging out. Not a good look!!
Where does this site get its information? I'm getting Buy Gold ads, a Full Sail University ad, and a gay marriage survey. WTF?
I'm getting anger management ads...
I'm getting 'Spring Break' ads for Las Vegas.
LMAO @ Hulk getting anger management ads +1000
Filipina girls, Latina girls, mature girls, snorg tees, vanguard. hmmmm.
What are these "ads" all you good people keep talking about?
Are you implying there is some kind of merchandise on the internets?
i love how the dow will close green.
How could it not? Godzilla and King Kong could start throwing their own shit at each other in the middle of Manhattan and the Dow would close green. We'd need fucking industrial cleansers to remove all of Krugman's broken-window-induced splooge.
Damn, there's a visual !!!
'there are buyers coming in as we speak"...
So you're sayin I've got a chance(to get in and cash out with a profit) sarc off
read my lips: YOU LOSE!
The funny part is, all the 'retail investors' I speak to, including 401K Bathrobe Brigadeers, pensioners, etc, not only 'feel lucky' but are now absolutely convinced their investments are shrouded in impermeable bullet proof teflon body armor as well.
Man, a whole lot of people are in for the rudest of awakenings one of these mornings.
Chairman Bernanke noted that these are nominal highs after the last Fed minutes, but with rates this low, stocks should turn down.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.