Name The Year Of The Famous Chuck Evans Quotes

Tyler Durden's picture


Evans Quote #1: "Chicago Federal Reserve Bank President Charles Evans on Monday reiterated his belief that the US economy will begin to turn around in the second half of this year. "We think conditions will improve in the second half of this year,"

Evans Quote #2: "The sovereign debt crisis that has enveloped three European nations and threatens to spread to others will slow U.S. economic growth, but the impact will be “minimal to modest," the president of the Federal Reserve Bank of Chicago said Friday.

Evans Quote #3: Chicago Fed’s Evans comments in speech in Chicago: "economy improving quite a lot; companies seem to be in pretty good shape. Optimistic [XXXX] Will Be Year of Turnaround; US growth will be self-sustaining in [XXXX+1]"


For clarification, three different quotes - three different years...


Quote #1

Quote #2

Quote #3

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Mon, 05/20/2013 - 15:29 | 3581393 maxw3st
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Mon, 05/20/2013 - 15:32 | 3581407 smlbizman
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wrong, its a trick question......'09 '10 '11' 12' '13

Mon, 05/20/2013 - 15:33 | 3581411 SilverIsKing
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Then any one is correct.

Mon, 05/20/2013 - 15:35 | 3581420 ZerOhead
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You think they would have the smarts to invest in some new scripts...

Mon, 05/20/2013 - 15:39 | 3581426 knukles
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nice, can't even get the answers when we needs 'em...
"Come back again when we got it fixed"
Sounds like the LBMA or Fed pre-ramp comment

Mon, 05/20/2013 - 15:44 | 3581461 Cult_of_Reason
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Mon, 05/20/2013 - 15:50 | 3581480 I am more equal...
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It is the script.  They use control-find-replace, then repeat with enthusiasm or is it euthanasia.  What does youth in Asia have to do with the Fed?


Mon, 05/20/2013 - 15:56 | 3581503 Joe Davola
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Wait, never mind.

Mon, 05/20/2013 - 16:33 | 3581636 Pool Shark
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So, he's acurately predicted 27 of the last 2 recoveries?


Mon, 05/20/2013 - 17:05 | 3581739 knukles
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Yes, each of which was coming out of an economic expansion.

Mon, 05/20/2013 - 17:09 | 3581748 Manthong
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10, 11, 12

Mon, 05/20/2013 - 16:41 | 3581660 Bernankenstein
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1930, 2010, 2011? Sounds like you both are predicting year end SPY levels. 

Mon, 05/20/2013 - 15:37 | 3581434 Cognitive Dissonance
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It's just like Hollywood. Why come up with anything new when recyling will do just fine.

Mon, 05/20/2013 - 15:45 | 3581465 ebworthen
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I can see it now, "JAWS Summer 2014!" starring Jason Statham, Robert Downey Jr., and Dwayne Johnson!

Mon, 05/20/2013 - 17:06 | 3581745 knukles
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Featuring Lord Balnkfiend as the Shark and Paul Krugman as the Sophist Sooth Sayer

Mon, 05/20/2013 - 15:36 | 3581423 Cognitive Dissonance
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Correct! In a hopium economy the only currency that counts is hope and belief.

Mon, 05/20/2013 - 15:46 | 3581459 ebworthen
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And change we can believe in!


Mon, 05/20/2013 - 15:59 | 3581520 BeetleBailey
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Jurrassic DEBT!

Starring, Lloyd BlankfeinBridges....Sir Richard Prickasaurus Fuld....Baloney Bop Raptordick Jamie polish my Diamond....and a cast of thouuuuuuuuuuuusands <insert Scottish brogue> of greedy wankin bankers.....




*firearms not permitted in building

Mon, 05/20/2013 - 15:43 | 3581456 slaughterer
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The Fed is only good at two things:

1) printing money (and giving it to banks)

2) inflating bubbles

That is it.

These people are notoriously mediocre, even bad economists--as proven by their track record.  

Do not expect ANY insight from their macro analyses.  None whatsoever.

Mon, 05/20/2013 - 16:40 | 3581656 Winston Smith 2009
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And yet they're still in charge and listened to.  Why?

1.  Their proven to be horribly inaccurate economic theory and the models based upon it allows and even encourages governments to believe they can borrow their way out of economic troubles.

2. Their same theories tell us that we must go even further into personal debt to borrow and buy our way to prosperity.

Who wins on both points? The people actually in charge, the financial sector.

“Give me control over a nations currency, and I care not who makes its laws.” -- Baron M.A. Rothschild

“The Central Bank is an institution of the most deadly hostility existing against the principles and form of our constitution… if the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.” -- Thomas Jefferson

Mon, 05/20/2013 - 17:09 | 3581751 Jdog
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For the Federal reserves, the best way to boost the economy and create growth is keep saying "things are getting better, things are getting better, things are getting better.........................................." repeat that 20,000 times and thing will get better! It really works, this tactic is in the Federal Reserve Presidents' handbook! :)


Mon, 05/20/2013 - 15:31 | 3581395 ziggy59
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Name the year(s) the FED liars, lie and are wrong...


Mon, 05/20/2013 - 16:02 | 3581530 Imminent Crucible
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I looked it up:


Quote #1 was May, 2008

Quote #2 was June, 2010

Quote #3 was May, 2012

One thing you can say for Chicago Chuck, he's consistent. Consistently wrong. Like your average politician, he counts on people forgetting what he said last year.

Mon, 05/20/2013 - 16:04 | 3581540 slaughterer
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Evans is the Stolper of the Fed.  Easy target for Tyler.

Mon, 05/20/2013 - 16:24 | 3581611 Imminent Crucible
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"the Stolper of the Fed"--what a cruel thing to say. On the other hand, it's perfectly accurate. At least he's not like that shape-shifter Dallas Dick, who's always questioning the Fed's policies---but only when he's rotated out of the vote. Same for Richmond Jeff and Philadelphia Plosser.

Where's Bill Poole when you need him?

Mon, 05/20/2013 - 18:21 | 3581959 socalbeach
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So that makes Chuck fully qualified to replace Bernanke and be the next Fed chairman.

Mon, 05/20/2013 - 16:28 | 3581622 Winston Churchill
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1913 thru' 2013.

They skipped 1949 and 1950.

Mon, 05/20/2013 - 15:31 | 3581396 mkhs
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Infinity  and beyond?

Mon, 05/20/2013 - 15:31 | 3581398 Billion Dollar Bonus
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You only have to look at the thriving stock market to know that the US is on the way to recovery. House prices, bonds, equities are all doing well; reflecting an improving economic picture. Now is the time to be allocating some of that money to some great US companies. 

Mon, 05/20/2013 - 15:36 | 3581424 fonzannoon
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milliondollarbonus is better than billiondollarbonus....who knew?

Mon, 05/20/2013 - 15:37 | 3581430 knukles
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You can tell he's an imposter...
No beard.

Mon, 05/20/2013 - 16:03 | 3581534 resurger
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Mon, 05/20/2013 - 16:23 | 3581602 dontgoforit
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We only wished he was right, Somewhere Over the Rainbow.  Back to Kansas puppy

Mon, 05/20/2013 - 16:27 | 3581619 Imminent Crucible
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Billion dollar bot: "You only have to look at the thriving stock market to know that Janet Yellen is on her way to the Fed chair".

LOL! Stupidest Astroturfer ever. If you're going to troll us, at least come up with something that sounds like a real human bastard wrote it, not some retarded journo-bot.

Mon, 05/20/2013 - 15:54 | 3581497 Ham-bone
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good vid - or is that your answer to the ZH quiz?

Mon, 05/20/2013 - 15:32 | 3581400 Billion Dollar Bonus
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I really think with the deflation we're seeing at the moment, the fed is doing a great job to prevent deflation and encouraging a thriving economy. 

Mon, 05/20/2013 - 15:31 | 3581401 Ham-bone
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2014, 2015, 2016???

Mon, 05/20/2013 - 15:31 | 3581403 urbanelf
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"The Fed spoke a tautology" is itself a tautology.

Mon, 05/20/2013 - 15:38 | 3581441 ebworthen
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I'm assuming that is a rhetorical question with no quantifiers or qualifiers (?).

Mon, 05/20/2013 - 16:18 | 3581588 urbanelf
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If what you say is true, it would be correct.

Mon, 05/20/2013 - 15:32 | 3581409 SilverIsKing
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Mon, 05/20/2013 - 15:33 | 3581414 asierguti
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2008, 2010, 2013.


This is the kind of PhD's that run USA's monetary policy...

Mon, 05/20/2013 - 15:34 | 3581418 ekm
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As I've been saying over and over and over:

Each one of those guys has a script to stick with.


They say whatever they're told to say by whomever put them in that position.



Mon, 05/20/2013 - 15:36 | 3581428 ebworthen
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Let's see:  2000, 2007, and last week?

Mon, 05/20/2013 - 15:38 | 3581437 dognamedabu
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2007 2011 & 2012.. If I even were an ounce as bad at my job as this guy, id have been thrown off the burger line and canned. 

Mon, 05/20/2013 - 15:41 | 3581439 Dr. Engali
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Damn if I had a nikel for every time I heard that a turn around is just around the corner, I'd have a collection that would make Kyle Bass cream his pants.

Mon, 05/20/2013 - 16:24 | 3581612 dontgoforit
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Yeah - we've turned around so many times we're in a knot!

Mon, 05/20/2013 - 15:42 | 3581445 SheepDog-One
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What's a 'year', other than a timeframe to fill with QE'#' as much as possible?

Mon, 05/20/2013 - 15:42 | 3581452 RaymondKHessel
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Even-numbered years.

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