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The Chart That The Fed Fears The Most
Inflation, meh! Growth, bleh! Unemployment, whatever! The terrifying news is that it seems, despite the ongoing 'surge' to new all-time highs in stocks, they are losing the confidence of the "rich". With everything hinging on the 'wealth effect' of moar QE and a levitating US stock market, the fact that Bloomberg's Comfort Index for the most affluent earners just collapsed (and stayed at) seven-month lows - in the face a rip-your-face-off rally in stocks - suggests even the wealthy know when the music is beginning to end...
In the short-term, the "belief" of the wealthy is fading...
and the overall economic index is diverging badly...
The bottom-line is that if even the wealthy ain't buying it, then just who is this farce for?
Source: Bloomberg and @Not_Jim_Cramer
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Standard and Poor
You didn't build that chart
99k?
Try the uber wealthy, the 1,000,000+ earners.
They think everythingsOK
So do the CongressCritters since they live like the 1,000,000 makers.
Welcome to the New Versailles, peasant.
Take your shoes off
Yes, take your shoes off.
You won't be needing them on the fields..
and enjoy your cake.
Anyone making over 1,000,000 in this fucked up world is likely a sociopath. I anticipate they will devour one another.
Speaking of disturbing images, chief Kessler and officer Pike are taking it in the can right now, pulling a train with Ted Nugent and the Koch brothers, like men. Lube the Tube.
REVOLT already you debt-slave sheeple!
Won't happen till the "normalcy bias" is broken(power goes out, food goes out, kardashians go off air, etc etc for example)
Otherwise, the placated masses will keep on grinding on...
Much easier to always be poor , than go from rich to poor.
The Earth is round, but everything on it is flat.
At first I thought you wrote:
"The earth is round, but everything on it is fiat."
Lol.
It's for Hillarys run in 2016. Don't worry about the wealthy, Bens got them covered.
She's got more baggage than Coach, along with over twenty trillion in US debt by then and an association to Benghazi even Soros can't fix that election.
The Fed an the treasury starts feeling the pain when all the dollars are dumped from overseas and there is a currency crisis.
Until then the 12 presidents at the Fed play their bankster ponzi with the present reserve currency.
BRICS giving the FU to the IMF is a good start, now with NSA being leaked Obozo n company are pissing off the entire world. I heard 87% of global transactions are still priced in USD even today - WOW. Guess the ponzi can go on for a few more years, BRICS is the closest thing to a global reset, and they seem to be years away from being any competition. Can you imagine the planning going on now between DC, Manhattan and City of London.
These Anglo-Saxon assholes have been running the world for so many years. It seems like it will never change.
is Anglo-Saxon code word for Jew? Who was the last Anglo Saxon head of the Fed?
it's like the herding instict of prey animals. they can be munching on the finest, greenest grass in the land, but if there is uneasiness in the herd the rest will sense it.
I'm old and I've had my ear to the ground a long damn time. It really is different this time is in my gut but my head says bet the house because it usually wins. I'm betting on a pullback, maybe 10%, a taxpayer revolt, President Cruz brings a Reaganesque revival and there are chickens in every pot. But don't sell the 1/2 pints or the silver dimes just yet ;-)
My personal barometer of when good times are returning is when I can buy Federal Value Pack .22lr whenever I want and competition and Mr Market sets a fair price.
Cruz is not an eligible natural born Citizen, since he was born of a non citizen father in Canada.
Hasn't the precedence already been set by the current occupant?
March 2014
what do you see then?
March 2014: The Fed admits QE to infinity and beyond or it quits.
It's the final showdown when even the hard of thinking will realise that double digit inflation is real and rising - or massive unstoppable deflation is coming. Depends on the Fed's March madness at their meeting that month.
No fucking way. It's an election year. I can guarantee the fed will print moar.
Whatever. Last I remember it was this month for doom. And on, and on, and on. . .
This will all be water under the bridge now that Zero has a credit card with no limit on it. The cronies will be partying like its 1999.
The farce can have a strong influence on the weak-minded.
March 14? nah this is a ship with a crack in the haul and its a short matter of time before it all sinks!
Pay no heed to short term indicators like this. It was just as low 2 months ago.
Indeed, its making higher highs and higher lows. That's a sentiment uptrend. The author needs to recognize the trend is up and ignore the fluctuations.
FUCK Wall Street.
FUCK Washington.
I am so fucking sick of this bullshit I can't stand it anyomre.
Bunch of fucking lying shill shyster mammon lusting Satan worshipers.
They all deserve to be bled out slowly or hung from the nearest lamppost the God-Damned lying shit sacks.
Well, your spirit is certainly enervating. After reading how the Japanese are just lying down and allowing their culture and population to slowly wind down into a drain of oblivion, I'm hopeful there are some left here that will fight. I'm tired of waiting too.
Miffed;-)
I'm not sure where you stand on our leadership in Washington and Wall Street. Now tell us how you really feel.
Something about fucking.
If I were a member of the 1%, I wouldn't worry about those charts so much. However, the picture of an angry mob aka "democracy" dragging out the guillotines- well, that might concern me just a hair.
Aint that the truth. I'd be adjusting my lifestyle expectations and spending habits etc. to reflect the immiseration that's soon to absorb the minds of the 99%.
We have a very productive farm sector and as long as food continues to be produced and distributed the lid will stay on. The food stamp (EBT scam) does not seem in danger yet. I do not believe the fraud can continue indefinitely ,but i do not know when and how the house of cards will collapse.The few are producing plenty of food and energy, but we are feeding an army of cockroaches with voting rights.
The US dollar looks sick tonight. Setting up for a nice fall.
Eventually a US dollar free-fall.
yes, just looked at the rsi on monthly usd chaet, broke down strongly.
October 29th cometh...
Is there a single person (aside from those who spend their lives those who spend their days watching Dancing with Stars and Tweeting photos of their latest 5000 calorie meal) who, after Bernanke said 'no taper' who still believes there can be a recovery?
I spoke to a couple of hedge fund managers in Singapore the other day and they have capitulated and have both personaly jammed a fair chunk of gold into safe deposit boxes 'as insurance'
Yet still most people I speak to - and I am talking about educated people in white collar jobs - are doing NOTHING. They are like deer caught in the headlights.
Ya they think this is going to get ugly - but they take ZERO ACTION. They don't hold cash at home and they certainly don't buy gold - the excuse is usually 'don't have any spare cash to buy gold'
Yet they've got cash to go for a long weekend in a 5 star resort with the kids that costs 5000 bucks!
They see that a once in a million year storm is barelling down on them and what do they do about it? Gather around the pool in sun chairs and watch the sunset.
UN-MOTHER-FUCKING-BELIEVABLE
...Tweeting photos of their latest 5000 calorie meal...
LOL!
I spoke to a couple of hedge fund managers in Singapore the other day and they have capitulated and have both personaly jammed a fair chunk of gold into safe deposit boxes 'as insurance'
When hedge fund managers in Singapore are getting scared you know people are gonna get clipped.
Not good.
http://www.youtube.com/watch?v=1FZ2FA-epcE
DENIAL.....Bitchez
The farce is for the international news who believe headlines like "emplyment is down", "debt problem solved" and similar bs. but they think, ok, economy is robust, aok. Mass hypnosis on a global scale, that's what this is about.
So ignore all the BS, MOPE, propaganda, lies, prepare yourself mentally and in any way appropriate for what's coming down the pike, and don't forget to live and enjoy life on an everyday basis. As long as there is some good in this world, it's worth living and fighting for that.
Mass hypnosis is a very good analogy. Prescription drugs, lots of tv-football, facebook, miley cyrus et al, noise called music/rap, k-12 as daycare, msm-mockingbird.
Magic!
the Fed doesnt fear shit. They know they've got this thing by the balls.
This farce is and always has been for the banks and their mega international conglomerates.
Beautiful green and red lines, looks just like Christmas!
Or Mexico.
.... Santa Rally, Black Friday, Cyber Monday - Moar, Moar, Moar, Bitchez.
Its all good and its all green in the new normal.
Who is this farce for? The muppets, the sheeple and the dumb masses.
Rasis.