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Just Plain Silly
Presented with no comment...
US Macro data is its worst in 8 months...
(note - the US Macro index is Bloomberg economic surprise index which not only tracks absolute performance but relative to consensus - so we missing expectations and macro data is dropping...)
and the markets are just as stunned by equity exuberance...
Charts: Bloomberg
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tO da moOoOooooooOOOoooOooOOooOooOn!
Bang zooooom Biotchezzz
All of this data is...
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BULLISH
Riiight stop that, silly!
CheesePopebux produce silly outcomes... Why isn't 'EVERYONE' laughing?...
This is also just plain silly:
4 Reasons To Buy Google Right Now
http://seekingalpha.com/article/1435841-4-reasons-to-buy-google-right-no...
LOL!!!! Buy it before it breaks up above $1,000! LOL!
One of these days Benny, POW! ZOOM! STRAIGHT TO DA MOON!
That's like a full-fledged market crash with the S&P dropping from 1655 to 1620. OMG!!!! I hope we can handle the stress.
Can't those presses run any faster?
“Riiight stop that, silly!”
“
Maybe somebody is not aware of contemporary US military policy initiatives.. it’s not so silly anymore.
..only pathetic.
Everything is disconnected. (from reality) Sooooooooo reminiscent of the Dot Com era.
Encore from Don Ho: http://www.youtube.com/watch?v=egIy4nq6gYQ
+100 to The Thunder Child comment below: http://www.zerohedge.com/news/2013-05-16/just-plain-silly#comment-3570118
Confederacy of Dunces: http://en.wikipedia.org/wiki/A_Confederacy_of_Dunces
I guess this is why ignorance is blissful.
I have a strange feeling about this…
That strange feeling is that in the past, only 1% knew of this game and how the FED did it. Now we have the internet and people who do get it.
As one of the Rothschild's said, we should have banned the internet. But the problem still is, over half of America still does not get it.
Many of those smartest people are in the south who still do not know what a computer is or how how it works. Hell, they still have party lines.
So how do you explain why the FED is devaluating their dollars with the purchasing of 85B in bonds every month. They will never get it.
hmmmmmmm, just think what $45 billion / month poured into stocks could do .......
those 4 charts look like crocs setting up for dinner on the Mara River when the zebras come thru town
That's too funny. I was just about to make the same observation. Maybe we can write a whole book of chart patterns based on wild animals
You guys can start with "Ostrich with his head in the ground" as your first animal chart pattern
Hurry....before it "Appleizes"
According to many analysts on Wall Street the short and long term indicators on the S&P 500 chart both indicate a continued rise. Analysts also point out that although the short term fundamentals for the US economy such as jobs and income growth have been strong, the market is actually pricing in future growth, which means a deterrioration in the short term fundamentals would have little effect on the direction of the S&P 500.
The market has priced in 50 years of future growth and handed it all to the bankers and top 0.1%
Serf on debt peon!
If we can try to bring future demand to today's economy, why not future capital gains as well?
We can worry about the future if it ever gets here, right Ben? Until then, keep kickin' the can....
@MDB
"deterrioration in the short term fundamentals"...
Got it. A little less fun, good one.
MDB: "the market is actually pricing in future growth"
You're not naturally dense, MDB. What you've got takes practice. The market is pricing in a phony buyer for over $1 trillion per year, out into 2015 or maybe 2050.
Every FRN that Ben spends in the Treasury markets and MBS markets is a dollar that goes directly into the hands of primary dealers, who then squander it on whores, stocks and more HYG bonds for the Fed to buy next month. And the occasional Ferrari.
Also, anytime someone starts their comments with "According to many analysts on Wall Street", we all know that there is a very simple translation to instructions given after that statement - Do. The. Opposite.
Tick...Tock...Tick...Tock...Tick...Tock...Tick...Tock...Tick...Tock...Tic
According to 9 out of 10 Hollywood stars, Lux is the best soap for your skin.
Is that face soap or ass soap?
They make ass soap??? And here I am, working like a sucker.
Ass soap is overrated, man. Save your money.
I read the article on CNBC, too. Even if I agreed with it, that's not the thrust of what it said.
Economics 101:
Interest rates for a risk free asset keep on falling, becoming more negative in real terms. That only means deflationary expectations on the part of the market. Deflationary expectations are an ABSOLUTE contradiction with growth: MICROECONOMICS 101!
Therefore, there is a break in economics models that economists and analysts are strugging to grapple.
In conclussion: None of the predictions are worth ANYTHING. The data only proves that economic predictions are not possible today with the distortion in price discovery in all markets introduced by the daily POMOS. Futhermore, non-linear dynamic system theory of chaos predicts increasing instability in the market price of all assets. That instability will manifest itself in the following ways:
1) if POMO is continued to infinity an beyond to avoid price discovery, lacking price discovery the market for all asset classes, excepting food will start bifurcating up and down with larger and larger swings in both directions until the system finds a new stable attractor (or in commong terms, a new world financial order is established).
2) if POMO is discontinued, the market will crash down hard and there will be price discovery for all major asset classes with stocks starting around the NPV (net present value) of the depression era value of the DJI.
The longer POMO goes the harder it will be to estabilize the system to true, NON-POMO driven market discovered prices.
Bernanke is equivalent to the super duper smart nobel price winning physicians that develop a new drug, only to test it in a large clilnical trial and find out that it kills rather than save lives, something that is all too common in medicine. And that it why the FDA forces hard proof before a drug can reach the market. Well, with economic theories, the drug (QE) hits the market with NO proof that it will work whatsoever. I challenge Ben Bernanke on a purely intellectual level to offer proof that the benefits of QE are worth its risks and to discuss this proof in an open forum with the top physicists of the world (economists don't understand SQUAT about non-linear dynamic system behavior).
What he is doing is equivalent to starting a chain reaction in a reactor with only very limited ability to maintain cooling once the reaction starts and NO idea of how fast the reaction will propagate. INMORAL BEHAVIOR for an intellectual. NOBODY has the right to play GOD with our and our childrens future!
Until next time,
Engineer
Chaos Theory, I like that.
Well, there you go.
Learned something and got the shit scared out of me at the same time.
More like the 2 Nobel Prize winning economists at Long Term Capital Management who figured out how to leverage their bond arbitrage 100X. But forgot to figure out what would happen if the bond market dropped.
Answer: They lost 50% of their clients' money in 1 day.
Makes nothing but sense. Good post.
Bernanke is flooding the world with dollar assets and the banks with excess liquidity, in preparation for the next crash. Based on the scale of his preparations, its going to be a doozy.
New S&P500 nominal highs are just an unintended consequence.
Duly noted.
Amazing post except this bit of utter bullshit:
The FDA is to Food and Drug safety what the SEC is to Wall Street law enforcement. Wall Street is far from the only arena in which MASSIVE regulatory capture has occurred.
Bernanke knows what he's doing.
He is following instructions to burn down the USD as the reserve currency so that a Global fiat SDR can take its place as the mothership to consolidated debt enslavement priced in its predecessor the FRN.
You can't have a Phoenix without a fire and ashes
http://3.bp.blogspot.com/-Ax5nE5_qMMw/Tpdl-DyTFHI/AAAAAAAABMw/ysXYABTRwG...
Correct...!!
Here is THE Blueprint, officially in writing:
http://www.imf.org/external/np/pp/eng/2010/041310.pdf
spine101 -- well done, I agree with most of what you wrote.
One note however - something to investigate for yourself further - " And that it why the FDA forces hard proof before a drug can reach the market. "
I take it youre an engineer, not someone in the medical or pharma fields. Very little of drug development is based on rational sound scientific testing today. The process is dominated by Big Pharma money and bought off politicians and bureaucrats. Like in many fields in our nation today, vast fraud is taking place. This cost at least 200,000 lives in the US each year. Check out the research of Jon Rappoport. He has done extensive work and writing on this subject.
As for Bernanke - - -job #1 for him is to protect his employers - - -the private bank stock holders of the Federal Reserve. Fixing the economy isnt part of that job. In fact, booms and busts are the means for them to steal wealth and gain political power. Does Ben know this, or has his lifetime of econo-gobbledeegook indoctriination warped his mental capacity ? Who knows.
.....there will be price discovery....
What is this "price discovery" that you speak of?
I'm still trying to figure out WTF "non-linear dynamic system theory of chaos" is. Sounds good, never heard of it.
https://en.wikipedia.org/wiki/Chaos_theory
point is: it's such a goddamn complicated dynamic system, that even if it is deterministic, we have no chance to predict its future state.
which doesn't mean that we cannot say anything about the characterestics of its behavior, though.
Chaos: When the present determines the future, but the approximate present does not approximately determine the future.
E,
There IS definitive 'proof' of precisely where QE goes:
http://research.stlouisfed.org/fred2/series/EXCRESNS
There is also definitive proof that it does not work to stimulate by inducing banks to create fractional money:
http://research.stlouisfed.org/fred2/series/BUSLOANS/ (notice how this was higher BEFORE "QE")
Which results in this:
http://research.stlouisfed.org/fred2/series/M2V/
SOOoo, the next stop is a deflationary Depression UNLESS there is a new currency regime after a crash. I opt for the latter being likely with a wholesale, Worldwide recalibration. Because, although he IS a PhD on a mission, it isn't the one most think. He is facilitating this:
http://www.imf.org/external/np/pp/eng/2010/041310.pdf
Which WILL be implemented soon enough
the short term outlook is what caused the housing bubble MDB, the amount of people employed in this country continues to be stagnant and no new jobs are being created bec companies get a nice tax break for off shoring. You continue to deny that the FED is behind the explosion in the stock market ?
Big banks take free FED dollars and pump up stock market. Its easy to see.
Its Financial LYCANTHROPY.
Which is the opposite of the gold/silver/platinum/palladium charts (and associated miners), despite the ravings by certain sectors to buy gold/silver/etc. and associated mining stocks.
Bravo to MDB.
I greened you because once again I find myself in awe of your innate ability to find a silver lining and potential safe harbor in every storm, it's truly a gift to be able to gaze through what some might call the fog of reality in a way not many people might not appreciate.
With the apparent need for a replacement of Chief Spokesman, I suggest you toss your name into the hat as an assured upgrade.
He certainly can't think on his feet like you can and it's obvious his mind is simply not utterly committed to the cause.
After all mere corruption and nepotism might have gotten him the job but it's the brilliant tangential insight you demonstrate regularly that seperates a tedious and somewhat defensive journeyman we see at the WH podium from the truly professional class.
Actually what we have been seeing lately has become quite an embarassment and in sore need of an upgrade.
..you on the other hand seem to have no concept of entertaining heretical opposition no matter it's obvious nature.
give them a call.
MDB, if you were a doctor you would praise an ebola patient as a blood donor.
Did you have lunch with Bob Pisani?
Don't you mean "Piss-On-He"...?? You know, phonetically speaking..??
And of course, Wall ST analysts always give there indepependent best analysys irregardless of their employer's influence.
According to a basic technical analysis of the S&P 500 chart, this rise is likely to continue. One important thing to note is that the price remains above all of the moving averages, which should give investors confidence. Another notable and interesting indicator is the strong series of higher highs on both the weekly and daily charts. Both a short term and long term analysis of the S&P chart suggest a continued rise in the price, and the general opinion on Wall Street appears to share this outlook.
MDB,
I agree completely! I recommend that you mortgage the house, and take out 0% loans, and go ALL-IN NOW!!!!
I reccomend you continue to mortgage your house and buy more Facefuck shares
You seem angry today
God - I remember when that fuckwit Greenspan was telling folks to re-fi their fixed-rate mortgages with ARMs and I was like: "WTF?"
That was my first taste of the Red Pill.
And when I heard Greenspan say on tv in March, 2008 (little remembered, but post-red pill for me..) that he was buying gold (a subtle message to others?), I listened, and completely got out of the market, including my IRA, the penalties were less than my loss would have been.
Any major loan for the past 8 years is backed (OWNED ) by the good ole USA. And when the collapse hits they will let you keep your home.......NOT. THEY PLAN TO OWN IT ALL JUST LIKE IN CHINA......
You should change your name for BillionDollarBonus, if you want to be taken seriously - Millions are so passé...
MDB -> Must Do Better
Million Dollar Boner.
Hell, just jump to Trillion. Billion is so 1990's.
..maybe Quadrillion Yen Gratuity?
When currency is printed using scientific notation, we'll really know we've arrived.
Sorry but history proves you wrong. In Argentina from 1969 to today, they took 13 ceros out of their currency and never printed money with scientific notation, just make small changes in the name of the currency, they even used stamps to change the nomination of a bill. What you could but in 1969 with one peso, today you'd need to buy with 10 trillion pesos. 1 peso of today is worth 10 trillion of the pesos of 1969. So buckly up, you are in for quite a ride, the Country will survive. Argentina did, and the USA is better prepared to adapt. But sadly Argentina survived without its ethics and morals intact.
Until next time,
Engineer
spine001,
From The Guardian website:
First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities – toilet paper.
Blaming political opponents for the shortfall, as it does for other shortages, the government says it will import 50m rolls to boost supplies.
That was little comfort to consumers struggling to find toilet paper on Wednesday.
"This is the last straw," said Manuel Fagundes, a shopper hunting for tissue in Caracas. "I'm 71 years old and this is the first time I've seen this."
The government must have figured if the people don't have anything to eat they aren't going to need toilet paper.
Give Ben Bernake a ring .. He can supply 85 Billion sheets of ass wipe in a month
OR
Can he?
I was trying to be a smart-ass.
I actually am the proud owner of a whole series of Weimar-clown bux and stamps (some overstamped) that tell the whole sorded tale. I bring them out for guests every once in a while to demonstrate how quick it can go.
Regarding "revaluation" - that's why I also stack nickles. . .
Yepp. my thoughts. Abenomics introduced Quadrillion, and all the other CB mofos joined the race ....
Speaking of yen gratuity, who is Jack Ma? No, who is he really? And why would he step down before a major IPO?
..duped hmm.. like most of us
Dude.... that's hilarious. You are genius to come up with stuff like that.
In other words, b/c it HAS been going up, it will continue to go up. That's a fine bit of extrapolation there.
As for "the general opinion on Wall Street" that's a nice but not-so-subtle argument from authority, even if the authority itself is as dubious as it is amorphous.
Sorry to feed the troll, but he looked so pathetically hungry for attention.
On a different note actually related to the article's contents, Im not sure what the correlation b/w the 10yr yield and the S&P is supposed to show, if anything.
The guy may not be a troll but a real analyst, they are as lost as anybody else. What they normally extrapolate from are the behavioral fingerprints that the actions of the major money movers live in the charts. Those fingerprints are unavoidable when you move lots of money in one direction or another one. From those fingerprints they can extrapolate behavior. All he/she is telling us is that there are no fingerprints showing money out yet. I contend that with POMO at full throttle all he/she knows of those fingerprints is HISTORY and not valid today. When the change happens it will trigger circuit breakers. The SEC knows this, the market makers do too, that is why they have stablished the circuir breakers. Not to protect you or me, but themselves.
With regards to the relationship between bonds and S&P, it is taught in finance 101. When the interest rates go down, the asset prices go up, that comes from the CAPM model that allows people to calculate at what rate to discount the future cash flows (somebody got a nobel price over this), when the discount rate goes down, the value of the future cash flows goes up and up. At the same time, the lower the discount rate goes, the less room it has to go further down, meaning that it can only go up from there, therefore, the inverse is true, the moment it starts going up, the moment that asset prices will instantaneously will go down. Due to the
of the relationship between rates and prices, the slope of the relationship goes up as discount rates go down, with infinity as the limit in a Consol (or perpetuity). The only way to avoid this is to create a growth rate in dividends (or free cash flow) that compensates for the increase in the expected return rate. This is a very dangerous game since as the interest rate on no risk 10 year bonds approaches zero, the relationship is exponential with prices, any imbalance between growth rate expectations and rate increases in the 10 year bonds and prices will crash hard, very hard. All the economists know this, that is why they have all said that Bernanke is at the llimit of what monetary policy can do for the economy. The reason that they can't stop is that the projected growth rate is less than 2.5% (or the GDP growth rate).
Until next time,
Engineer
(doing an MSC in Finance to be able to prove them wrong at an intellectual and ethical level, these guys should be shamed in thier Churches and communities for their HUBRIS)
Thnx spine.
This Engineer actually gets it. Its a waiting game but nothing stays the same forever.
you will have warnings if your "Interested"
And MDB now has an problem. Someone who gets it and can state it without the tounge in cheek
MDB i recall a couple of years ago you were predicting dow to 20K and silver to 20 or somewhere even lower. Whilst not wanting to pump your prophetic insights, with the new fundamentals of manipulation i think you may have been, dare i say on the crystal ball laddy. Maybe you could share your views of when it will break through the 20k and how far the climb will reach and what lucid concoctions you were consuming back then as i think that potion might just be the one I need to see through all this shit. or, reveal you true id as the wizard of oz.
Are you a collector of red arrows ?
And it won't be below the moving average until the rise is over...this man's a genius!
Confidence? Faith? Trust? Not much I have.
The empire (sic) wears no clothes.
"... the strong series of higher highs ..."
No shit, when you have the Fed buying stocks by the $Bilions!!
It's not rocket science.
MDB - I love your sense of humor ! Of course some don't get it.
Playing along: The bad guys know how to read chart patterns too. And they know how to draw support and resistance lines and to target stops.
Technical & fundamental analysis is of little long (or even medium) term value in a manipulated con game.
A better way to educate ourselves on the way things work now is to rent out the Godfather movie series and spend the weekend watching the DVDs. That's how the country works today.
Yeah, you had lunch with Bob Pisani. You also had drinks with him. What did he serve you; koolaid?
BULLISHit
WHIPSAW ! **Glitchez !
head about to separate from neck, 4,3,2...
**<please note the use of "G" instead of "B" so as to not identify any one "group" in a discriminatory manner>
Blitchez, there I said it for you.
almost
let's not get too big for our
BRITCHEZ!
Someone please explain to Bernanke that gravity is defined as g = 9.81 m/s2 Therefore the higher you are the faster you accelerate and terminal velocity concept does not apply to stocks. Downward speed will be unlimited.
And as we know it's not the speed that kills, it's the impact defined as E = 1/2 m v2 Good luck BSB
lucky for us the bernank is a tai chi master and will use his infinite wisdom and knowledge of the yin and yang to redirect that energy on an axis invisible to us moments before the impact. the guy did teach himself calculus... that is what wikipedia told me... then again it might explain has hate for math
No wonder those jet fighters that hubby re-fits are so invincible... All those mathematical calculations & shit...
i heard bernanke can divide by zero
once you start you can never stop!
You are truely an elephant !
Pure class
Is that you Johnny? Still in Tokyo? (Akihabara?)
@ Francis
My Hubby is not in avionics but his IQ is 162 which is 2 points away from being mad. As I posted before, he is a Greek god but sometimes I call him god damn Greek.
See proof about my statement that Israelis replace the electronics below:
and BTW: we are both neutral. We hate everyone equally.
http://en.wikipedia.org/wiki/General_Dynamics_F-16_Fighting_Falcon_variants
The F-16I's most notable difference from the standard Block 52 is that approximately 50% of the American avionics have been replaced by Israeli-developed avionics (such as the Israeli Aerial Towed Decoy replacing the ALE-50). The addition of Israeli-built autonomous aerial combat maneuvering instrumentation systems enables the training exercises to be conducted without dependence on ground instrumentation systems, and the helmet-mounted sight is also standard equipment. The helmet-mounted sight, head-up display (HUD), mission computer, presentation computer, and digital map display are made by Elbit Systems of Israel. Furthermore, the F-16I is able to employ Rafael's new Python 5 imaging infrared-guided high-agility air-to-air missile. The F-16I also has the Israel Aircraft Industries (IAI)-built removable conformal fuel tanks (CFT) added to extend its range; removal takes two hours. Key American-sourced systems include the F100-PW-229 turbofan engine, which offers commonality with the IDF/AF's F-15Is, and the APG-68(V)9 radar.[26]
Correct the birds we send them are gutless, sans avionics packages. Almost went to work for them after a prior career, but who wants to be locked into the sand box for a 2 year contract.
Not doing that would be incredibly stupid. How could anyone conceive that anybody else would sell them weapons that can not be rendered worthless if used against the manufacturer, either that or the manufacturer is stupid, but then you don't really want to buy weapons from them, do you?
The TECHNION is as good or better than the MIT, thus why wouldn't them change everything would be beyond me...
Until next time,
Engineer
Note: One of my professors in a previous life was from the TECHNION
Dear Dona K:
I worked in the manned fighter engine industry for 30 years, including the F16.
I don't care who makes or modifies manned fighters
Very soon they will all be obsolete.
For Unmanned Air Vehicles (UAV) it'll be like shooting fish in a barrel.
Never coming down - the ground will come up to meet us.
What you say is true, except that at this rate, the market is approaching escape velocity--hence weightlessness.
/s
Not true. 9.81 m/s2 is the acceleration. It is a constant. There for, by definition, you do not accelerate faster as a function of height. You would however increase velocity as a function of height. Just saying..... :D
But I get your point though. We will have a high velocity face-plant and we are going to hit the floor and go right through it.
Will it just HAPPEN already!
math
it always wins
. . . believe you meant meth.
Hell of a drug.
Acceleration is fixed at 9.81, so you do not "faster accelerate". Actually, the higher you are, gravity gets less so the higher you are, you actually "accelerate less".
as a function of total distance, correct. I believe this is mentioned somewhere about terminal velocity.
as a function of total distance, correct. I believe this is mentioned somewhere about terminal velocity.
The bigger they are the harder they fall. Is that close enough?
To infinity and beyond - Nasa just found the propellant for the job: S&P 500 - now with extra antigravity.
Let me qualify my following statement by saying that I agree that the markets are being manipulated higher by insane amounts of liquidity and based upon real world fundamentals should absolutely not be at these levels. That said, from the technical perspective, the stock market has been in a very powerful uptrend for about 4 years and hasn't been following the fundamentals for about that same amount of time, so if you haven't figured it out by now, you're either broke or disgruntled or both. The reasons aren't important, price is. And price says buy the freaking dips until you're proven wrong.
So what your saying is the stock market is a free money give away. I can't believe I'm stupid enough to work.
There is a simple maxim in investing, buy when people are fearful, and sell when people are greedy.
If S&P charts are making you think "Damn, I need to be a part of that" then its actually time to sell (or at the least, not buy more, let alone on margin). If on the other hand, talking heads are saying a certain asset class is 'dead' that is a pretty strong indication that people are fearful, and hence, it is a good time to buy.
DYODD
Oh Tyler - you and your facts, figures, graphs and reality checks....
Did we hear rumors of CB 'unwind'? What was really said was rewind and MOAR!!
Smells like desperation to me, big smokescreen, and those can't be maintained for long.
Time to push the market up into the close!!!
it just means things will get better
I call it the slot machine (S&M) divergence chart.
Like Ralph Cramden yelling at Alice?????????????????????????????????????????????
Followed shortly by: "Your the best."
The start of hyperinflation?
Do Ponzi's inflate, or go bankrupt?
The illusionists make them vanish before your very eyes
Then Baal offers up a scapegoat for sacrifice
What's hyperinflation? Gold and silver prices are down, so there's no danger of hyper-whatever... pass me a beer and is American Idol on tonight?
"Gold and silver prices are down" - for now. And oh, you mean paper gold and silver as well?
Ponzis don't inflate or go BK in the classic senses of the two. They run out of OPM. The speed is the real factor. Sometimes they unwind slowly, but usually they go POP rather quickly. It kinda depends on how much Chuck Ponzi takes from the liquidity stream for his own use in buying mansions, yachts, and fast cars. If he's a bit of a piker and is judicious with the stealing, the scheme can carry on for quite a while. The discovery phase comes when he just can't send money to the first investors.
I see the same possibilities in the current governmental and Central Bank Ponzis. Greed will do them in.
...and it's about to go POP.
"If he's a bit of a piker and is judicious with the stealing, the scheme can carry on for quite a while."
So true. For all that it is in criminality, the FED ponzi has persisted for quite some time.
When Charles Ponzi's Ponzi bit the dust he had a stone built mansion in Brookline, 2 Pierce Arrows and no backup plan, no getaway money. He thought it could go on forever and claimed that if the government hadn't shut him down no one would have lost a cent.
If he was a piker and judicious in his stealing, he never would have started. Same with the rest of them. You might as well say if they weren't thieves they wouldn't have got in trouble. If they weren't thieves they wouldn't be stealing.
Stagflation is the most common outcome of this type of NON_REAL economy related PONZIS. They can't cause inflation, for them to cause inflation people should be able to sell and buy real assets, which if they try to do, they'll find out VERY quickly that there is nothing but air there. If the FED starts buying assets directly and openly to avoid the bubble from burstng and people start buying real assets, then we will have hyperinflation, but the pressure will become huge since financial management under hyperinflation (something the Argentineans perfected to a science with more than a hundred years of practice, remember 1 peso of today is worth 10 trillion pesos of 1969) is a nightmare.
Until next time,
Engineer
The script for this comedy is going to be EPIC!
We're going to laugh so hard we cry
When they start ad libbing, it'll unravel on them. I think.
They will say nobody could have seen it coming. A year after that everyone will claim they predicted it beforehand.
How many people today are claiming they predicted the 2008 crash before it happened? Pretty much everyone. They're all fucking geniuses after the fact. Only-lucky-once Paulson was obviously guessing as he's been a red ink machine since the big win that put him on the map. The squid knew- they're the only ones who pretty much got it right both ways, but just try to get them to tell you what's REALLY going on. I'll wish you luck with that (plus I don't think even they have as good a grasp on the truth as they used to).
The squid didn't get it all right. Don't forget they had to be bailed out via AIG.
Actually, the squid did get it right, they invested in politicians.
Their best trade.
In a situation where the script is being written as the show is performed, is there some threshold on the lead that the scriptwriters have to maintain over the performers, such as a minimum number of lines, in order not to be considered ad lib?
The only reason I ask is that this has been going on for at least the last two acts.
Some will think it is so funny that they will toss themselves from their 6th floor windows out of hilarity!
Hendrix playing the Star Spangled Banner.
Dissonance.
Here ya go......the intro to the song is the last portion of Voodoo Child
http://www.youtube.com/watch?v=T2ALNd3kIH0
Here he comes....the man voted most likely to no longer have a job....Jim Cramer being trotted out to fight the "bubble" chatter. Stand by...we shall all be saved momentarily.
@Cdad
I just did a drive-by on YHOO and there's video of Zachrey Karabell saying this is a secular bull market wih STAYING POWER. Can't make this stuff up.
'Self described talking head' Zachrey Karabell.
These comments will look pretty funny in years to come.
Problem is the public no longer has the memory for "years to come", so this two-bit chump will be let off the hook along with all the other bubble whores. If the public was alert, these pukes would be marched to the gallows.
I guess we'll have to distribute a pack of playing cards, to keep things fresh in people's minds.
That is a great idea. But who's picture would they put on the ace of spades? And would it be considered rayyycisss?
I think there is a very very high probability the deck of cards will be deemed anti-semitic, even though it will be a merit-based exercise, where only those who really deserve it end up on a playing card.
Here, the apoplectic tone should concern all. Just think back to...2008. The louder the Cramer shouts, the deeper the shit you are standing in.