This page has been archived and commenting is disabled.
What Happens After a 70% Stock Market Rally In 6 Months?
What happened in Japan last week (a 14% decline after a 85% rally since last fall) is an example of markets getting ahead of the facts on the ground.
How much optimism was priced into the success of Japan’s monetary policy bazooka? As JPMorgan's Michael Cembalest notes, P/E multiples rose from 11x to 17x since last Labor Day, and breakeven inflation implied by (admittedly thin) Japanese JGB-i bond markets rose to 2%, a level Japan has not seen consistently since 1990. On top of that, net long positions on the Tokyo Stock exchange were close to the highest levels in 20 years, and foreign participation in Japanese equity markets was also elevated. It did not take much detailed market research to see that Japan had become a crowded and popular trade.
But what happens next? After a 70% run-up over 6 months, how have stocks performed? The answer may surprise many...
Via JPMorgan's Michael Cembalest,
Another optimism test: how frequent are 70% equity market rallies over just 6 months? The table below shows all the episodes of 70%+ stock market rallies in a six-month time span one can find across major markets throughout history. There aren’t that many, and the color schemes denoting the years in which they occurred show that many of them don’t last.
[So of the 14 episodes in history of a 70% rise over six-months, 10 of those have reversed entirely or collapsed after...]
The mega-experiment will continue in Japan, and I do think that the policy mix in Japan is more aggressive and deeper (including structural reforms) than prior ones. But to me, the easiest money of being long Japanese equities and short Yen has already been made.
»
- 30311 reads
- Printer-friendly version
- Send to friend
- advertisements -
KaBoom.
Bust if China slows. And China is slowing.
http://www.planbeconomics.com/2013/05/slow-china-growth-bad-news-for-glo...
And if China slows, Canadian exports slow. If Canadian exports slow, Canadian housing busts even faster.
http://www.planbeconomics.com/2013/05/the-canadian-housing-bubble-set-to...
but...but...http://www.youtube.com/watch?v=3fcaXmpZydI
Canada is so fucked it's scary. If people only knew how crazy the real estate market is in Toronto it's out of control. It is the norm to take a 600k-700k mortgage. Fucking murder house went for 900k +. Guy was beaten to death in it and the fucking thing sold no problem.
I don't know what to think anymore. Nothing makes sense.
You are either completely sane or we are both completely fucked up beyond all hope...
It's a 50/50 proposition. You decide.
P.S. Get out of the city...
Sanity is not statistical...
Canadian mortgages are getting tighter. Sales volumes are shrinking. $ expectations have come down quite a bit.
On the plus side, Canada didn't get too crazy with the NINJA loans.
Canadian real estate is WAAAY out of line with reality. I heard one commentator say that it's strong because the banks are in better shape. Next question is: Compared to who? Greece? Maybe. But for crying out loud, a house is a place to live, raise a family, enjoy friends, relax, live, and find peace. The fraudulent bankers turned housing into a trade, selling the idea that flipping can make you money and the idiot public soaked it all up. At some point, the endless line of fools willing to pay you 120% more than you paid for the shack runs out.
Do any y'all remember Japan in the late 80's? The reasons for rapidly rising real estate prices were: Limited land, growing population, growing exports, high GDP....
Guess what I heard them say out of Canada? High house prices to continue because of "limited land, growing population, growing exports, high GDP, resource-based economy"....
You can't make this shit up, but you can copy someone elses failures. Looks like Canada is headed the same direction because some of the comments on real estate blogs are horribly bearish now and the H1 sales figures corroborate. Vancouver is really going to get hit hard, and with the demographics changing, the 2200 sq foot 2-storey will be a dime a dozen.
Maybe we oughta move that fence building material from the Mexican border to the Canadian border!
On the other hand, there won't be much reason to move to a poorer country....
Them thar illegals are catchin' the next bus goin' south ASAP.
I've picked orchard fruit and, yes, picked cotton, back in the 1960s at the Tennessee/Mississippi border. That cotton will tear up your tender little white-boy hands like nothing else.
We're gonna miss that labor. The pasty Canadians just won't cut it.
Banksters LOVE home value appreciation because the increases can be BORROWED UPON but cannot be directly SPENT.
You think banksters and their minion (B.S. Bernanke) would EVER do something which was to the benefit of savers or homeowners?
So Negroes have tough, calloused alligator (gorilla) skinned hands .... ideal for pickin' cotton .... plus you can put ém on field dollies .... and they can pick with their hands and feet ? Those plantation boys knew their business .... then ? Monedas 1929 Comedy Jihad Trying To Engage In The Racial Dialogue Obama Asked For With Humor And Common Sense World Tour
Moving out of the city in August. Insanity or shrewdness, only time will tell. As for the timing of the grand collapse, here's another opinion:
Impending Financial Collapse
http://www.godlikeproductions.com/forum1/message2231767/pg1
Edit: The correct title of this article: "The Grand Finale: Here Is What Is About To Happen To You...An Economic Love Story, or Fifty Shades of Green?"
luckily, i didn't let the GuLPer link scare me away. most excellent theory supported by some very tight analysis. always suspected there was something fishy going on with those new C-notes, especially after they kept delaying their issue and delaying and delaying...curious if they still have Timmay's signature...if so, they shouldn't bother printing more...having his scribble on the bill makes the irony much more rich.
Thx for your thoughts, Tip E.. always trying to make sense of Bizarro World and bounce these ideas (based on real events and factual info) off of more rabbit-holed individuals which my brick & mortar friends & family in suburbia just don't want to talk or think about..
And yes, I considered using the link I first read this on* (but linked back to original source for accuracy, probably a mistake & unnecessary..) for just the reason you mention, GLP site, lol. Some good info there, but needs to be filtered like anywhere.. Glad you stuck it out & read the whole thing. :)
* Impending Financial Collapse – The Grand Finale: Here Is What Is About To Happen To You…An Economic Love Story, or Fifty Shades of Green?
http://www.fromthetrenchesworldreport.com/impending-financial-collapse-t...
Thankfully lots of sane people who understand value in pricing realize that a home, parking, security (like robbery and shootings) make Toronto a bad place to live. At this point I'd marginally consider passing through, would not LIVE there on someone else's money.
(especially not the murder-house)
But China is buying an American bacon company. That's not a sign of collapse it's a sign of SUPER PORKULUS TO THE RESCUE!
if you have been trading the nikkei and going short these last few days, you would be doing very very very well.
Check out the nikkei chart => CLICK HERE TO SEE IT BLEEDING...... *INSERT GIRGLING NOISE HERE PLEASE*
Congrats to the jap govt who are still recoving from the debt crisis to pull more crap and print more money. You would think they would have learnt their lesson the first time.
But no, this is like sending them to gas chamber, blindfolding them, and forcing them to turn the gas on. They are doomed.
Systemic crash, please, God.
In time, Father Karras, in time ....
http://www.youtube.com/watch?v=ulupmfD-fFk
right? after years of loyal ZH readership I deserve at least a mild financial apocalypse.
"Stock prices never go down," my realtor told me.
Wait a minute.....
It goes up another 70% in the next THREE months?
The POWER of baseless fiat cannot be contained!
So who has the balls to short the S&P 500?
I'll do it
Beautiful.
I now get Google's Algos giving me fucking Stormfront links on certain topics since I bothered arguing against Francis on ZH and quoting the copypasta racist screeds to debunk them.
Fate, it seems, is not without a sense of irony.
disable the cookies or at least how long they get to live. For fuck's sake.
Seriously, you think I'm that unsophisticated? Really? You think cookies are the key here?
I'm running a proxy, ghostery, adblock, https everywhere, have stealth mode on in my browser and run CCleaner every 4 days. Cookies don't get on my system, ever.
If Google takes note of you, they take your MAC address and start gleaming the cube from your ISP.
At this point, I accept their interest as a pay-off for their services, as they're very useful. I should probably do more <fast mode data trawls / connective web production> but I get so bored when you don't need to do it. It'd be fun, if the people running the algos weren't so boring and limited.
I dont understand how that would be possible. the MAC address is removed and replaced as the packets travel through the different networks.
It makes about as much sense as suggesting cookies were to blame for a certain class of user. However, let's just say there's much hungrier things under the hood these days, who have learnt how to read intent. A lesson: how do you detect a submarine? Or a Stealth Bomber? By what is not there, just as much as what is.
Remember Facebook's Shadow profiles? (Warning: PDF - 2011). That's baby level stuff; if you want to conceptualize it, take all posters who log into ZH, analyze their posting patterns (language, semantics, reading level required etc - and not at basic levels, at this kind of level), their reading habits (clicks, how long / page on average, even cursor position) and their track-backs (where they link from, where they link to, what other tabs they have open etc etc).
Then you'll get close to the levels that modern algos are running on you. If you sometimes find my posts insane, or they're conceptually odd, or linguistically / stylistically mimicking other forms, that's a strategy, for breaking the bubble.
http://dontbubble.us/
Organic vrs Silicon. Is there a difference anymore?
You could have so much fun customizing your own LiveCD Distro, why play on their preferred terms?
...because the organic version is much hungrier than the algo one.
Fair enough.
Meanwhile, I'll sit here Snorting popcorn with an etherApe, and wait for them to show they really care (or have upped their tunneling through well formed mountains of inconsistency and bullshit game).
I might be mis-reading that, but I think I was just given the most epic put-down I've ever been slapped with. Could merely be my solipicism, of course.
Either way, whoever the target, that was poetry.
No offense intended, your position was thought out and rational. As for my unsolicited advice- I think all the apps mentioned are available for Windows if you have extra CPU cycles, since I'm happy with the (potential) delusion that I might spot a professional coming.
No windows machine is safe, period. Then again, no machine with a chip made in China is safe either, so there you go. Modern attack vectors you can rarely see unless you've your own Guardian Angel Algo at work in any case.
The Lord moves in mysterious ways. CTRL + F Microsoft in there.
I suspect it'll get nuked, so read it fast, and read between the lines. It's nice that he found love, and I wish the happy couple the best, and yet what did he trade for it?
So many levels of self-delusion, both conscious and sub-conscious... It's not the government I fear, it's perhaps .01% of the actual people in it. It would be divine irony if one day- some one I know and hadn't misjudged comes knocking in a Hallmark moment. In the meantime, there's family- which I need to get back to.
fig.3 on that dontbubble link is geniusly illuminating.
banzai should do a hedge version...maybe the tylers already have the categories sketched out? can't wait to see what the moonbat looks like.
p.s. you do know that linking uboob plays right into this, yes? should it be a stroke of good manners for us to place a warning?
Music links are just music links, aren't they?
(Semi-Rhetorical there)
indeed they are sister, indeed they are. the algos will have to become quite mcluhanesque to decipher most of 'em.
would make for an epic mixtape, that's for sure.
Perhaps I'm teaching the Singularity soul.
Now there's a thought.
perhaps we all are...in fraternity 1 2 (whether we know it or not)
1 in this case, fraternity used as gender neutral (but perhaps he's a she after all?)
2 in this case, land being in the virtual sense (expressed as information)'
thoughts back at'ya
the medium is the message?
well look - did you send your replies on zerohedge THROUGH google? Do you have rogue programs running on your computer? What OS are you running?
I'm having none of these problems so what do you think is happening?
I'm even logged INTO google so that if I use it to search it WILL try to use prior matches to find relevant material. However, I typically don't see this because I typically use the firefox search-bar which I set default to google - no checking as I type - and it can switch to other things like imdb, wikipedia, youtube (yes, google, but not the same as a generic web search obviously), duckduckgo and so on.
I'm having NONE of the problems you are, or are worried about.
Are you running noscript? That thing's very handy. By default you should test to disable every script-site possible until the site works with zero or just 1 or 2 of them at most on and leave it that way.
Here on zerohedge I have enabled the obvious zerohedge.com and disabled (permanently) these:
statcounter.com
google-analytics.com
googlesyndication.com
quantserve.com
investingchannel.com
doubleclick.net
and all ads are blocked by adblock (which I remember you mentioned you are using).
Could it be that scripts are running on your end from google-analytics.com or googlesyndication.com?
http://noscript.net/?ver=2.6.6.2&prev=2.6.6.1
Of course I'm running NoScript.
You appear to have missed the point somewhat, and are a prime example of someone who considers themself safe when they're not.
Raed Betewn Teh Liens.
I can see everything running.
I assume NOTHING.
I can prove I'm safe because nothing is running that I didn't put there.
You're already compromised then; modern vectors don't show up like that.
In other words, what we are dealing with here is a very rare kind of malware – the so-called ‘fileless’ malicious programs that do not exist as files on the hard drive but operate only in the infected computer’s RAM. The best known examples of such threats are the CodeRed and Slammer worms, which caused mass outbreaks at the beginning of the last decade...
This kind of malware only remains operational until the operating system is restarted, but in this case this is not a critical issue for the Trojan’s authors...
Because no file is written to the hard drive, it becomes much harder to detect the problem using antivirus software. If the exploit is not detected, the bot can be successfully loaded into RAM, becoming virtually invisible.[Source]
This year's Black Hat security conference has turned out some interesting exploits, but Jonathan Brossard's Rakshasa malware might be one of stealthiest we've seen yet. It works using modified open source tools like Coreboot and SeaBIOS to overwrite your PC's existing BIOS (the firmware that controls the low level functions of a computer) and opens the door for even more malicious software.
Kon-Boot is one example of software that can be downloaded once the Rakshasa exploit is in place, and it can bypass the password prompt of both Windows and OS X, giving a hacker access to user-level files. Because Rakshasa infects a computer at its lowest level it can't be detected by anti-virus programs, and even if it could, Brossard's exploit has built-in protection measures to keep it from being overwritten. There are currently 230 motherboards that are vulnerable to the exploit, and as the open source community improves Coreboot and SeaBIOS's hardware compatibility, more are likely to become vulnerable over time. If you'd like to know more about how Rakshasa works, Brossard's extremely technical presentation from Def Con 20 has everything you need to know.[source - good videos]
Rakshasa has an interesting mythological history, as a tangent.
If it makes you feel happy, think you're secure. I don't claim to be a tech ninja, but even I know I'm not.
oh, that's the key difference. I'm running Ubuntu Linux. No, it's not compromised - everything is compiled from source.
Sorry for your luck.
At some point I'll have the next level of security set up that everything runs off RAMdisk and there is no hard drive at all. There's nowhere for any virus to run or hide and I'm sure I do not have one of those "compromised motherboards".
As if they could read my ext4fs and further the hard drive portions using cryptfs.
Not a chance, not all compiled from source.
no, the routers all pass along the original packet unless there's a special (exceptional) reason to hide this (tor, perhaps, vpn's) but the original packet contents normally do arive including the MAC of the originator. You can edit the MAC before transmission, and do so frequently, but whatever you set it to will be sent. It's in the IP part of the protocol layer.
Green'd because you're at least giving correct info.
are you also running DNSCrypt?
There's two schools of thought here:
Either be a tech ninja (linux, the full spectrum, which Urban Redneck was suggesting) at which point you'll start attracting the fisher-kings who operate like the Diamond Dogs faery tale warning...
or don't be, and use other survival strategies.
Paradoxically, using some forms of protection (such as DNScrypt) while running Windows or using a Mac will make you an easier target (as you'll assume you're safe, when you're not). Realistically the net (especially the deep web which is pitch black in tone) is a game run by something other than yourself. View it like sex ~ there's acceptable levels of protection, but you're never going to be 100% risk free, and getting heavily into the kink scene without knowing about safe words is a serious risk.
Lions, Tigers and Bears, remember? Oh, and careful of those links - unless you're Epic Level, read the Reynolds tale first before poking around.
Personally, I just assume everything is compromised.
Muad'Dib (babylon sync remix)
(play em both together)
And yet here I am with adblock, noscript, firefox, even logged INTO google and zerohedge, and none of this happens to me.
Think hard on this. What do you suppose the difference is?
Let me get my DSM V out & try to find your inference, it was really subtle, you're amazing at this game.
Or you're just not very good at pattern recognition.
Look, seriously.
What is different between your setup and mine?
Google isn't reading all my packets. While I really ought not to, I'm being lazy and using google as a DNS server. Yes, I am in fact doing that.
I'm still not experiencing the problems you're experiencing.
What do you suppose is going on?
I've even used google image search to find merged swastika-israel flags and post them as URL's inside comments like "ooh, that's RAYCISS" and I don't get the stormfront type stuff in google search by itself.
You'd think I'd be pushing my luck doing stuff like that.
Are you seeing this on other machines with the same home network or ISP?
Look, seriously, you've missed the point by a mile.
Google Trends is your answer. If you need it more explicit, I'm tracking mimetic spread through networks, but doing it organically.
That was your point?
Had to read between the lines between more lines to even get close to that.
I have never given a damn what's in google trends ... and still don't.
I've all but completely stopped waiting/looking for "it."
I know it's coming...but the way I see it, there is no way I'm going to be really see "it" coming.
In the meantime, I'm just doing what I can to make some money and buy some stuff that I'm pretty sure will hold it's value in the long run...
Yep, a lot of guns and ammo mixed in there.
...and yep, I'm nuts.
"Don't wait for it to happen. Don't even want it to happen. Just watch what does happen."
Malone (Sean Connery's Oscar-winning performance) from Untouchables
It's like sitting down in a lawnchair on the 4th of july waiting for the fireworks
"Get back in there and turn those machines back on!"
I love that movie, wish they showed more of JLC topless though
I agree. Epic bewbies. Epic.
"Trading Places" (1983)
Jamie Lee Curtis at 22 years of age...
yummy.
nuke it in orbit
It can't happen here, It can't happen here. I'm telling you my dear, that it can't happen here; because I've been checking it out. I checked it out a couple a times. (Frank Zappa)
I wish that was an ES chart.
This should be interesting . Due out in 2 hours.
16:50 gmt-8 JPY Foreign Bonds Buying -804.40B
Japan Buying Foreign Bonds (prior week was Y -804.4B )
Japan Buying Foreign Stocks (prior week was Y -136.9B)
Foreign Buying Japan Bonds (prior week was Y 17.7B)
Foreign Buying Japan Stocks (prior week was Y 716.0B
I see a contrarian indicator in the consumer confidence being at a high. The indicator front-runs the actual stock market action:
We study the consumer confidence measures of the Conference Board and the University of Michigan and the investor sentiment measures of the American Association of Individual Investors and Investor's Intelligence. We find that consumers grow confident when investors grow bullish. Consumer confidence declines when stock prices decline but investors need not fear that declines in consumer confidence would be followed by low stocks returns. Low consumer confidence is followed by high stock returns more often than it is followed by low stock returns.
Perfect.
BS. I don't see Zimbabwe in that list...
I can tell you what happens next :YAWN!:
There is every rationale reason for the stock market to crash. Yet, everytime I go short I get crushed. What happens tomorrow and Friday. Guesses anyone?
Not sure what will happen tomorrow or Friday...but I do know what will happen next Tuesday
Oh, please. We all know by now that markets only go up. Bernanke said so, and so did Krugman, BI Joe, and many other 'respectable' folks. Fuck'n A, with a little luck we may even get Summers for our new CB Chairman. How can we loose?! Unicorns are shitting skittles in the street FFS! Jesus, don't fall for the hype here folks! Just bye bye, err, I mean buy buy! We're going to be SO fucking rich! USA! USA!!
Just buy the dip. If you don't, then you are a fucking idiot.
http://www.youtube.com/watch?v=jllJ-HeErjU
Now don't forget, this only works if you go around and tell all your friends and family to do the same.
and for every share they buy they have to get 10 more friends or family to buy
What could go wrong? We'll all be IN RITCHEZ, BITCHES!
BTFD only works if shit goes up again.
Hey 1+1=.... do I have to up arrow to give you the correct answer?
now some retard will up arrow again just so your confused...... KRUGMAN!
The contempt vote just passed by the House of Representatives against Eric Holder, make no mistake, is because the documents he refused to produce lead directly into the White House, probably to Rahm Emanuel.
The abuse of this administration is historic in that the Obama Administration carried into power radical elements determined to force Americans into a mold that they could control; and Fast and Furious was clearly designed to impact the Second Amendment and the right of Americans to freely own firearms, i.e., the means to protect themselves against a tyrannical government.
When critical documents like these are withheld it’s hard to believe that an attorney general is withholding them only because of his own involvement.
Please, quit the fucking rah-rah-rah for your team, it's dull, ignorant and is so badly misunderstanding Power at the moment it makes you look like an idiot. Never forget the moment Dole came to the Senate to beg for a harmless bill and got snubbed, and "your side" owed that man.
Shame, shame, shame on you!.
Being ignorant is not so much a shame, as being unwilling to learn. ~ Franklin.
I have yet to read a comment of yours that I agreed with. Maybe next time.
Then you're a fool.
Want help with your problem?
p.s. If you're junking assuming I support the other side of the Janus coin that is American party politics, you're more self-deluded than I could imagine. The world is bigger than your little fish tank.
Oh, and going around junking all my comments because you're miffed is so fucking immature you need a diaper. Grow a pair, argue, or slink off back to the Drudge report or Fox. Peasant.
Why did you have to Drudge up Fox?
Don't hold your breath Buzzy...
It is called shitfest and it will be messy
Unfortunately past statistics are irrelevant.... in the history of the world there has never been 100B a month of global printing....
Third star to the right and on till morning....... We are in uncharted waters...
It will come down, but timing it is a bitch.....
$100b?
we're at $160b a month between us and japan.
BEIJING — Growth in wages slowed significantly last year for China’s migrant workers, the millions of laborers on whom the country’s massive manufacturing industry...
http://www.wwd.com/business-news/government-trade/wage-rates-slow-for-ch...
What happens when you get 500,000,000 angry/unhappy migrants?
You give them knock off phones & tablets from the APPL line and let them vent on social media while allowing them access to credit cards (do a GREP, ffs, comment I made yesterday).
Seriously. America has had 30 years of wage stagnation without revolt, and you assume this isn't already priced into the control model?
Naive. Truly wondrous to behold. Want to pet my unicorn?
http://jonrappoport.wordpress.com/2013/05/27/the-attempt-to-destroy-the-individual/
repeat of repeat of repeat of repeat...
Want to pet my unicorn?
Does it shit Skittles?
This is the internet.
If I were high, that would be the greatest video of all time.
If you have a unicorn, then yes, I want to pet it!
Bet you don't really have one!
On a more serious note - reasoned argument is superior to derision.
Did you miss the first part? That was well reasoned.
The Unicorn was special sauce to /b/ veterans here. And secret bronies. (I'm not one, but hey, more power to them: friendship is magic n all).
you do NOT talk about /b/ !
reasoned argument is superior to derision
indeed. of course, that goes against the whole FC/GoT model, but inquiring minds should realize by now that those are also only just more cages.
Boat people!
I see where the BOJ just BOUGHT the NIKKEI Futures....to even?!?!.....and slamming the YEN lower:):) Can the BOJ do this for the next 800 days?:)
central bankers gone wild ...
Kyle Bass must be loving it. Hayman Capital stands to make a fortune
Follow the skittle trail of IMF loan extortion.
First, let’s listen to DeWayne Reeves chime in for balanced reporting.
Lastly, we’ll look into the Japan IMF loan repayment deal gone tits up.
Financial Sector Assessment Program (FSAP)| Last updated: Tuesday, May 28, 2013
http://www.imf.org/external/np/fsap/fssa.aspx
How about we roll the hands of time with IMF/FSAP?
it's a damn shame that these reports aren't more scrutinized in the hedgerow, atom. thanks for continuing to share them. it's already all sketched out in B&W, ya just have to know where (& how) to look.
SPX @ 1685 = 14%= SPX 1450
235 point meatball...
Past results are no guarantee of future performance.
Interesting concept.
Stop playing man. 85 up 15 down? 60 change look at fucking silver. i had so much god damn silver, now i got a 2013 cruz, a fucking website thetalkativeone.com 26K in TD fucking 7K on margin and no silver bitch. Ya dude keep listening to this shit if you open your mind long enough, maybe a second you'll ask a question. Any question is the right one. Ask two questions and you'll be free of this matrix.
Can't beat em won't beat. I joined em, playing there game right now. You say it'll all crash down? Made a lot of money saying that huh? Well, theres a lot of options, including option trades. Metals, ya buy sell and wait. Be dumb fall in line, go for a ride. Your choice of which ride.
Can I put up a pic of my cruze I got for 16K 25 miles and a ten year warranty?
You got kids in in school? Like elementary? Fuck opinion. Fuck ego. Kill it before its to late man. God Bless you guys!
Not to worry about this virtual market,
The hofjuden got you covered.
The bigger they are...
Well, you know the rest.
And it's gone.
Better add another 3-4% down to that chart ...or more. hehehe :)
Bubbles, bubbles, everywhere,
Bubbles, bubbles, in the air.
Floating here, floating there,
Massive bubbles, do you care?
Ben doesn't, Wall Street don't,
Rape the people, rope the dope.
Ramp that thang, savings won't,
Earn a penny, but please have hope (?).
Ben has his finger in the hole,
Plugging the Dyke, he'll make it right.
Never mind those on the dole.
And don't you put up a fight (right?).
Just buy the DOW, a managed fund,
Pay your fees, and taxes please.
Trust in the FED wunderkund,
It's only money, kind of like peas.
By the way, that finger in the Dyke?
It's up yours, and your little tykes'.
So get to work you silly mules,
If it weren't for you we'd have no fools.
The future collapse seems a little less threatening after worrying about it for 5 years. It now comes with a 10,000 mile stare of indifference. It will be fine and a lot different than anything you expect. The only thing I expect to happen is that the elite will crumble faster than they ever could imagine. We will then quickly move to a period of great prosperity.
It's fine for people who foresaw it. Other people will completely crack as the world falls apart. A couple window jumpers bound to happen also.
Prosperity? Where? What country will you be in?
Nikkei 225 support at 11k? Or 9k?
http://nipponmarketblog.wordpress.com/
Lol, looks like its headed there right now!
Silly Japan... they did what they always do... try and copy what the US is doing and hope for the best. But it looks like they forgot that the last time they played that game it resulted in the Plaza Accord and sent their economy into a "lost decade" which has lasted some 3 decades now.
This should be amusing to watch it all unwind.
Quick! .... someone tell the Chinese Midget in North Korea that Abe needs a distraction, and fast!.
Why does Google shows me porn commercials on this page?
have you ever thought that in a QE eternity mode it does not matter how high P/E is as long as E is positive because you buy into the market not to make money but to preserve wealth from monetary devaluation
What happens after a 70% stock rally in 6 months?
The gold bugs feel small, foolish n cheated...
That's the first knee jerk.
The second is : the higher it goes the harder the fall!
Now; what happens to the gold bugs and their sparkling matresses is the only question in town!
Hearhear my good fellow all of have joined alice in wonderland. Fuck even willy wonka is even willy wonka is here.
Anything possible can happen hear even market runs of 80% per year for years.
Yahooooooooo im rich bitch
HEART, we are still waiting for an explanation but you refuse to respond.
ZH readers may like to ask HEART why he intentionally posts disinfo including Boston bombing fake injuries / fake blood / crisis actors garbage which is 100% DISINFORMATION.
(Have got screen caps so don't bother deleting your Boston posts)
......................................................
ZH is being targeted by FedGov spambots & human operatives saturating the comment sections with garbage and disinformation in addition to down voting certain posters.
They are not harmless trolls, they are professional operatives attempting to undermine and discredit ZH via multi nic sock puppets.
Attacking this post by constant down voting speaks for itself.
Case closed.
CutOut, you might bolster your case by posting in direct response to this member "Heart", whom I do not know and have not noticed here on ZH.
You keep making these claims against them, but have not demonstrated how this poster is a disinfo agent directly.
Please stop throwing out these isolated accusations.
EDIT: After doing a search, I can't help but notice that there is no ZH member named "Heart" in the first place.
CutOut, STFU spam bot...
Nikkei is still up 3.4% for May.
More gong show please.
Still up 70% in six months. Success by any measure unless you bought at the 85% top. When does the real fucking crash occur?
this is just the pregame show. patience please.
I'm reading Didier Sornette's book, Why Stock Markets Crash, an arcane and highly scientific approach to stock market bubbles. I had to get it through interlibrary loan. I highly recommend it to all! He explains that certain conditions exist that make asset bubbles more predictable than many people think.
We are now witnessing a textbook case of another bubble fueled by Bernanke's BubbleFed (as I call it).
This week, I also finished reading David Stockman's 700-page tome, The Great Deformation, which is one of the best books I've read to date on historical finance.Stockman, as do I, believes that a calamity in the not-too-distant future is a near certainty. I saw him in a lecture in which he expects that calamity in the next 2-3 years!
I'm convinced that another popping bubble is not far distant. Calamity is certainty. Plan and prepare accordingly!
Insanity is the new norm. Fundamentals don't have a look in until the final blow up and then everyone will be asking themselves what they were thinking as they stared at the markets rising.
That little prick Schauble tryig to make out as if Spain is on track makes me want to throw up. People are in misery and he waxes lyrical about the Spanish government.
Canada's real estate is a bug in search of a windshield although Australia might get there first.
Japan is walking a tight rope made of razor wire.
The US is using whatever muscle it has to maintain a facade that is increasingly looking like toppling. The nation's endowment has been well and truly wasted. It is turning itself into one massive Guantanamo Bay.
Everyone is fuc...in thinking about their capital gains while not giving a shit about the young who have no job and if they do they still cannot aford to buy the house without commiting themselves to a beyond death mortgage.
The people running governments, bureaucracies, banks and he like are getting creepier by the day.