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It's All About The Fundamentals

Tyler Durden's picture





 

Presented with no comment...

 

 

(h/t @Not_Jim_Cramer)

 


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Fri, 06/28/2013 - 17:11 | Link to Comment Midasking
Midasking's picture

Looks like GDP could rise rapidly from here on out.. The markets are always looking forward I understand... http://tinyurl.com/qhxpkyn

Fri, 06/28/2013 - 17:22 | Link to Comment NidStyles
NidStyles's picture

Markets are not looking anywhere, unless you have noticed that the general person on the street has lost his short-sighted nature and suddenly started going long gold. Then I would be asking where you are seeing these folks, because where I'm at they are rare.

Fri, 06/28/2013 - 17:36 | Link to Comment kaiserhoff
kaiserhoff's picture

It's much worse than that chart implies.  Half of "GDP" is government and transfer payments.

Real GNP stalled long ago.

Fri, 06/28/2013 - 18:04 | Link to Comment ZerOhead
ZerOhead's picture

It's actually much worse than the "much worse" you imply the chart implies due to the of levitating effect on GDP of out-of-control government expenditures... if you can follow me...

They are intentionally unreporting inflation (GDP deflator) and thus overreporting GD fucking P .

Heck... there hasn't been any real GDP growth at all this millenium since one lousy quarter way back in 2004...

http://www.shadowstats.com/alternate_data/gross-domestic-product-charts

Fri, 06/28/2013 - 18:09 | Link to Comment TeamDepends
TeamDepends's picture

You guys clearly aren't smoking enough hopium....

Fri, 06/28/2013 - 18:57 | Link to Comment kaiserhoff
kaiserhoff's picture

I should remember to define terms.

GNP is gross National product - includes interest income and expense/dividends, royalties, etc. between nations.

Probably a better indication of financial and currency health.  Harder to fudge inflation and trade balance, so the government hates it.

Fri, 06/28/2013 - 21:34 | Link to Comment TeamDepends
TeamDepends's picture

Forgetfulness is a sign of hopium puffage.  Good man!  The government also hates metals, at least when in the hands of the citizenry, so it was interesting (enthralling actually) to watch gold and especially silver rocket skyward while stawks generally declined today.  History will say Ben Hanke Panke fumbled/puzzled the ball last week.

Sat, 06/29/2013 - 08:19 | Link to Comment Snoopy the Economist
Snoopy the Economist's picture

Zer0,

I agree with yourpoint but your use of teh word millenium (thousand years) retracts from the point. You should have used decade (10 years).

Fri, 06/28/2013 - 18:26 | Link to Comment Yancey Ward
Yancey Ward's picture

Sure they are- the are nose deep in Bernanke's navel.

Fri, 06/28/2013 - 17:28 | Link to Comment Nue
Nue's picture

The Market is a junkie the only thing they're looking for is the next fix and without it they start falling down and foaming at the mouth.

Fri, 06/28/2013 - 17:31 | Link to Comment Xibalba
Xibalba's picture

What is a 'Market', and where can I find one? 

Sat, 06/29/2013 - 01:53 | Link to Comment ricky2
ricky2's picture

what goes up.......

Sat, 06/29/2013 - 03:18 | Link to Comment ebworthen
ebworthen's picture

"Looks like GDP could rise rapidly from here on out."

Tee-hee.  That's a joke, right? 

Right?

Fri, 06/28/2013 - 17:13 | Link to Comment kito
kito's picture

GOLD BITCHEZZZZ!!!!!!!!!!!!!!!!!!!!

Fri, 06/28/2013 - 17:23 | Link to Comment francis_sawyer
francis_sawyer's picture

Holy Shit!

Fri, 06/28/2013 - 17:45 | Link to Comment kito
kito's picture

thats right francis....im in.....since yesterday....

Fri, 06/28/2013 - 17:47 | Link to Comment blindman
blindman's picture

I may have missed more than something but were
you not always in on dca?
well before yesterday, never mind.

Fri, 06/28/2013 - 17:47 | Link to Comment Colonel Klink
Colonel Klink's picture

Kito is screaming it.  Must be a market top.  Heard my cabbie and barber yelling the same.

/sarc

Fri, 06/28/2013 - 17:59 | Link to Comment TheEdelman
TheEdelman's picture

Everyone note, that since kito was in at $1180 18 hours ago.  Gold is up $55.

 

Kito is behind this ramp... caveat emptor bitchez 

 

Fri, 06/28/2013 - 18:00 | Link to Comment kito
kito's picture

im the anti-hindenburg omen for gold BITCHEZZZ!!!!!

Sat, 06/29/2013 - 03:17 | Link to Comment ebworthen
ebworthen's picture

Shoulda' bought Thursday night at $1,180.

"Kick-kick-kick"

Fri, 06/28/2013 - 17:13 | Link to Comment Sutton
Sutton's picture

Vey sustainable. 

Fri, 06/28/2013 - 17:20 | Link to Comment disabledvet
disabledvet's picture

http://www.forbes.com/sites/rickungar/2012/05/24/who-is-the-smallest-gov... this guy has been running a tight ship. interest rates are at record lows and commodities have collapsed. the financially driven part of the economy has just be hit by the whacked by the Fed's "taper" debacle (meaning growth numbers must be taken down.) the Government has put itself in a position to act and act in a VERY large way should it wish...and i think it will.

Fri, 06/28/2013 - 17:43 | Link to Comment imbrbing
imbrbing's picture

"the Government has put itself in a position to act and act in a VERY large way"

with bullets, tear gas, fire hoses and tanks from those in jack boots?

Fri, 06/28/2013 - 17:19 | Link to Comment NidStyles
NidStyles's picture

The differences between qualitative and quantitative are rather large in economic terms. So large that most people can not grasp the meaning between the differences.

Fri, 06/28/2013 - 17:25 | Link to Comment HowardBeale
HowardBeale's picture

Quantitative easing = Contol-P

Qualitative easing = Obama or Romney

Fri, 06/28/2013 - 17:20 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

I don't know about you guys, but all this graph tells me is that there's never been a better time to buy stocks!

Fri, 06/28/2013 - 17:23 | Link to Comment Rainman
Rainman's picture

Yah...I keep reading equities are cheap, cheap, cheap...so it must be so.

Fri, 06/28/2013 - 17:23 | Link to Comment Black Forest
Black Forest's picture

I'd prefer buying GDP. Just my thought.

Fri, 06/28/2013 - 18:35 | Link to Comment trader1
trader1's picture

you know how to buy gdp?

here's an idea:

go work for or own a company that produces "real stuff" that other businesses/people want.

services don't count...

Sat, 06/29/2013 - 03:15 | Link to Comment ebworthen
ebworthen's picture

+1 for the wry sarcasm.

Stawks are taxed and will crash when they decide it is time.

Not such a great deal.

Fri, 06/28/2013 - 17:22 | Link to Comment JFKFC
JFKFC's picture

I haven't seen a line that ugly since I checked the odds on the Cubs winning the World Series.

Fri, 06/28/2013 - 17:25 | Link to Comment blindman
blindman's picture

coincidence only implies causation.

Fri, 06/28/2013 - 17:26 | Link to Comment TrustWho
TrustWho's picture

From Daddy Bernanke-> "Remember, correlation is NOT causation, because I control inflation and unemployment."

 

From TrustWho-> " But Daddy, if you have no correlation, how can your models demonstrate causation. Without causation, you have NO control."

 

From Daddy Bernanke-> "Son, we use complicated mathematics that you could never understand, so just TRUSTME.

 

Fuck you Bernanke 

Fri, 06/28/2013 - 17:32 | Link to Comment Quinvarius
Quinvarius's picture

 

eom...

Fri, 06/28/2013 - 17:31 | Link to Comment km4
km4's picture

Rick Santelli Rages: "What Is Bernanke So Afraid Of?" | Zero Hedge http://www.zerohedge.com/news/2013-06-19/rick-santelli-rages-what-bernan...

Now we know ;-)

Fri, 06/28/2013 - 17:34 | Link to Comment eddiebe
eddiebe's picture

What is a free market and where can I find one.

Fri, 06/28/2013 - 17:45 | Link to Comment blindman
blindman's picture

cretaceous.

Sat, 06/29/2013 - 03:13 | Link to Comment ebworthen
ebworthen's picture

Precambrian when there was enough rainfall for Gymnosperms to rule the planet with motile sperm.

Fri, 06/28/2013 - 17:48 | Link to Comment Colonel Klink
Colonel Klink's picture

Your best bet right now is China and Russia if it's also the place to flee to from whistleblowing charges.

Fri, 06/28/2013 - 17:57 | Link to Comment q99x2
q99x2's picture

How can they come off saying that things are growing when the overall wealth of the system is declining and will actually result in collapse because of their premeditated fucking crimes.

Arrest Bernanke. End the FED.

Fri, 06/28/2013 - 17:57 | Link to Comment Taint Boil
Taint Boil's picture

 

 

A picture is worth a thousand words. [no need for further sentences]

Fri, 06/28/2013 - 18:01 | Link to Comment Mark Urbo
Mark Urbo's picture

This chart looks exactly like the global warming models (=FedRes/Equity) vs actual observed temperatures (=GDP).

;o)

Fri, 06/28/2013 - 20:31 | Link to Comment Aurora Ex Machina
Aurora Ex Machina's picture

Here you go, actual temperature map of the USA 1970-2011.

Spoilers: It's rising in all States.

 

Drought Monitoring USA - 2000 - 2013. You'll want to compare similar seasons:

Drought Condition (Percent Area): United States Archive

Date    None    D0-D4    D1-D4    D2-D4    D3-D4    D4

06/06/00    68.60    31.40    17.97    10.71    4.52    0.25
06/04/13    50.45    49.55    37.20    23.82    9.56    4.00

2012 Drought animation.

 

And so on, and so forth. But hey, when you're on a roll, why bother looking at data.

Sat, 06/29/2013 - 17:45 | Link to Comment monad
monad's picture

Data collected by paid greentards, who measured data temperatures in parking lots, on rooftops in full sun, and just made shit up. They lie about everything. Take your own readings and you can prove it yourself.

Fri, 06/28/2013 - 18:09 | Link to Comment Sudden Debt
Sudden Debt's picture

gdp crashed in 2008 and didn't grow but slightly recovered.

Fri, 06/28/2013 - 18:22 | Link to Comment involuntarilybirthed
involuntarilybirthed's picture

Fundamentally, follow the Fed.

Sat, 06/29/2013 - 03:11 | Link to Comment ebworthen
ebworthen's picture

...to Hell.

Fri, 06/28/2013 - 18:29 | Link to Comment involuntarilybirthed
involuntarilybirthed's picture

When the shoeshine boy says BTFD??????????????????

Fri, 06/28/2013 - 19:01 | Link to Comment syntaxterror
syntaxterror's picture

China's chart would be the exact opposite.

Fri, 06/28/2013 - 19:59 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

Ugh.

Fri, 06/28/2013 - 21:54 | Link to Comment FreudianSlip
FreudianSlip's picture

It just shows you can't believe anything and everything seems manipulated in the shadows.

Sat, 06/29/2013 - 01:13 | Link to Comment Free Wary
Free Wary's picture

shadowstats shows GDP is actually dropping and I believe it.

Sat, 06/29/2013 - 03:10 | Link to Comment ebworthen
ebworthen's picture

Main Street bleeds while Wall Street Greeds!

Fuckers.

Sat, 06/29/2013 - 16:57 | Link to Comment Whiner
Whiner's picture

Ministry of Truth: " Subprime concerns are now safely contained. " 2007.

Do NOT follow this link or you will be banned from the site!