This page has been archived and commenting is disabled.

It's All About The Fundamentals

Tyler Durden's picture




 

Presented with no comment...

 

 

(h/t @Not_Jim_Cramer)

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 06/28/2013 - 17:11 | 3704708 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 | 3704741 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 | 3704784 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 | 3704817 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 | 3704858 TeamDepends
TeamDepends's picture

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

Fri, 06/28/2013 - 18:57 | 3704953 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 | 3705322 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 | 3705787 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 | 3704896 Yancey Ward
Yancey Ward's picture

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

Fri, 06/28/2013 - 17:28 | 3704762 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 | 3704771 Xibalba
Xibalba's picture

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

Sat, 06/29/2013 - 01:53 | 3705635 ricky2
ricky2's picture

what goes up.......

Sat, 06/29/2013 - 03:18 | 3705681 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 | 3704712 kito
kito's picture

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

Fri, 06/28/2013 - 17:23 | 3704748 francis_sawyer
francis_sawyer's picture

Holy Shit!

Fri, 06/28/2013 - 17:45 | 3704806 kito
kito's picture

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

Fri, 06/28/2013 - 17:47 | 3704814 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 | 3704813 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 | 3704840 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 | 3704841 kito
kito's picture

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

Sat, 06/29/2013 - 03:17 | 3705680 ebworthen
ebworthen's picture

Shoulda' bought Thursday night at $1,180.

"Kick-kick-kick"

Fri, 06/28/2013 - 17:13 | 3704713 Sutton
Sutton's picture

Vey sustainable. 

Fri, 06/28/2013 - 17:20 | 3704735 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 | 3704803 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 | 3704736 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 | 3704754 HowardBeale
HowardBeale's picture

Quantitative easing = Contol-P

Qualitative easing = Obama or Romney

Fri, 06/28/2013 - 17:20 | 3704738 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 | 3704749 Rainman
Rainman's picture

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

Fri, 06/28/2013 - 17:23 | 3704750 Black Forest
Black Forest's picture

I'd prefer buying GDP. Just my thought.

Fri, 06/28/2013 - 18:35 | 3704915 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 | 3705679 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 | 3704746 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 | 3704753 blindman
blindman's picture

coincidence only implies causation.

Fri, 06/28/2013 - 17:26 | 3704756 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 | 3704767 Quinvarius
Quinvarius's picture

 

eom...

Fri, 06/28/2013 - 17:31 | 3704769 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 | 3704782 eddiebe
eddiebe's picture

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

Fri, 06/28/2013 - 17:45 | 3704810 blindman
blindman's picture

cretaceous.

Sat, 06/29/2013 - 03:13 | 3705675 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 | 3704818 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 | 3704833 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 | 3704836 Taint Boil
Taint Boil's picture

 

 

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

Fri, 06/28/2013 - 18:01 | 3704845 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 | 3705181 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 | 3706455 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 | 3704861 Sudden Debt
Sudden Debt's picture

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

Fri, 06/28/2013 - 18:22 | 3704883 involuntarilybirthed
involuntarilybirthed's picture

Fundamentally, follow the Fed.

Sat, 06/29/2013 - 03:11 | 3705673 ebworthen
ebworthen's picture

...to Hell.

Fri, 06/28/2013 - 18:29 | 3704902 involuntarilybirthed
involuntarilybirthed's picture

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

Fri, 06/28/2013 - 19:01 | 3704962 syntaxterror
syntaxterror's picture

China's chart would be the exact opposite.

Fri, 06/28/2013 - 19:59 | 3705098 Yes_Questions
Yes_Questions's picture

 

 

Ugh.

Fri, 06/28/2013 - 21:54 | 3705360 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 | 3705595 Free Wary
Free Wary's picture

shadowstats shows GDP is actually dropping and I believe it.

Sat, 06/29/2013 - 03:10 | 3705672 ebworthen
ebworthen's picture

Main Street bleeds while Wall Street Greeds!

Fuckers.

Sat, 06/29/2013 - 16:57 | 3706370 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!