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Behold The World's Real "Death Cross"

Tyler Durden's picture




 

This isn't going to end well...

h/t @Not_Jim_Cramer

 

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Fri, 11/22/2013 - 16:37 | 4182103 Tsar Pointless
Tsar Pointless's picture

So we have room to go until we get zero GDP growth and S&P 2500.

Fri, 11/22/2013 - 16:38 | 4182110 B-rock
B-rock's picture

Exactly. Get f*cking used to it.  

Fri, 11/22/2013 - 16:50 | 4182155 MagicHandPuppet
MagicHandPuppet's picture

Relax everybody! Everything is FINE!  Please head immediately to your nearest shopping mall for consumer assimilation therapy.

Fri, 11/22/2013 - 16:50 | 4182163 Mad Mohel
Mad Mohel's picture

Off topic. WTF is with the sound ads that have been bombarding me on ZH lately? There any way to turn this shit off? Can I make a donation or something and get rid of this shit?

Fri, 11/22/2013 - 16:54 | 4182179 Ralph Spoilsport
Ralph Spoilsport's picture

Those are the sounds of a free market at work.

Fri, 11/22/2013 - 16:57 | 4182186 Mad Mohel
Mad Mohel's picture

I can appreciate that, but let me pay the piper and avoid shit screaming at me. And it is somehow louder than even the loudest music I can play!?!?! Real buzzkill while I'm trying to get my hedge on.

Fri, 11/22/2013 - 17:05 | 4182219 MrTouchdown
MrTouchdown's picture

Here you go:

 

Step 1: Add Block Plus

https://adblockplus.org/

 

Step 2: Enjoy not having advertisements anymore

 

It's free.

Fri, 11/22/2013 - 17:27 | 4182301 nope-1004
nope-1004's picture

Would hate to see that chart with GDP defined as it was in the '70's, instead of todays ponzi Obama market bullshit.

Anyone still confused as to why Bernocchio wants to get the hell out?

 

Fri, 11/22/2013 - 19:33 | 4182597 zerozulu
zerozulu's picture

chart shows there is still plenty of room for expansion.

Fri, 11/22/2013 - 21:18 | 4182816 rcintc
rcintc's picture

THANK YOU!!  It Works!

Sat, 11/23/2013 - 01:50 | 4183177 TheReplacement
TheReplacement's picture

Until it doesn't!

Badaba

Sat, 11/23/2013 - 08:49 | 4183305 GetZeeGold
GetZeeGold's picture

 

 

It's the rebirth of the roaring 20's......what could possibly go wrong?

 

They said they never had a warning back then....consider this to be that.

Sat, 11/23/2013 - 09:15 | 4183330 Race Car Driver
Race Car Driver's picture

> They said they never had a warning back then...

Perhaps not.

But, what they did have was a future. They already had factories. They had farms. They made things here in the way of everything a population could want or need: furnishings, textiles, electronics ... etc.

We don't have any of that any more. Our warehouses are empty, if they're still standing. We have no manufacturing of any substance. Our furnishings are made of sawdust and glue - and they tell us it's better. It's not better - it's cheaper. For them.

We have all the warnings in the world and the klaxon alarms have been sounding for 30+ years now ... but our ears have gone deaf. We have the attention span of gnats. We can't see beyond the 5" screen in front of our faces - and all that really is is just a mirror. An empty culture for an empty head.

So, perhaps they had no warning then, back in the '20's. Perhaps they got blindsided and pushed into the dirt. But the fact of the matter is, that most got back on their feet and enjoyed a level of prosperity uknown to the world in its history.

Now - we're just gonna be pushed into the dirt ... because now, that's thet goal.

Farewell, Middleclass - we hardly knew ye.

Sat, 11/23/2013 - 10:32 | 4183375 King_of_simpletons
King_of_simpletons's picture

The only variable here is the definition of "End".

It could just as well be 1000 years from now, long after my life time and my next 6 generations

Sat, 11/23/2013 - 13:28 | 4183609 WSP
WSP's picture

We manufacture "fiat currency" now-----no more need for manufacturing, production, or even "real money"----fiat currency is "how we roll" and look how great it works----everyone's a winner----and they said you couldn't print your way to prosperity, go figure!

Sat, 11/23/2013 - 13:38 | 4183626 massornament
massornament's picture

Totally agree about the North American economy being more self-sufficient, but the economy and the massive social spending of the 30s didn't really bring things back. It took the massive... and I mean truly massive... federal spending during World War II to do that. And after a brief experiment in demilitarizing the economy in the late 1940s, the military spending was ramped up as was aid to Western Europe (Marshall Plan) and Asia... the function of which was to build them back up so they could buy U.S. industrial output. When it was recognized that that would not work, more aid, debt and military spending (the Cold War) was instituted to provide the rest of the world with U.S. dollars to buy U.S. production. But by that time the U.S. went down the road of massive social spending (Johnson's Great Society) and soon the U.S. would lose it competitive advantage. By the 70s, oil prices shot up, inflation shot up, Nixon nixed the last of the gold/USD relationship, domestic oil production peaked in the U.S., credit and finance expanded, jobs began to be shipped overseas, etc.

More and more I think the expansion of the middle class was an aberration built upon post WWII temporary comparative advantage, the massive expansion of the state (military and social), and dirt cheap oil prices. Plus, in 1960 the world's population was less than half what it is today. 

Sat, 11/23/2013 - 17:20 | 4183946 Comte de Grasse
Comte de Grasse's picture

I shudder to think you may be right.  However there could be a large middle class again in the developed world if we simply taxed all the gains from fiat creation and by law poured them into critical infrastructure.  Want a new stimulus plan how about: 100% tax exemption on wages and payrolls.  All taxes only on trade and consumption.

I often wonder what the economy looks like without any usury, and by my estimation it looks healthier than a paleo vegan smoothie.

Sun, 11/24/2013 - 04:12 | 4185009 massornament
massornament's picture

"I often wonder what the economy looks like without any usuary, and by my estimation it looks healthier than a paleo vegan smoothie."

So true. I wonder what the political system looks like without graft or corruption. Is that even possible? Somehow I think our species got to where it is because of usuary and graft... it's the grease that makes the wheels go round.

But I bet you are right about taxing only trade and consumption... and leaving wages, payrolls (and savings) alone.

Sun, 11/24/2013 - 04:15 | 4185014 massornament
massornament's picture

"taxed all the gains from fiat creation and by law poured them into critical infrastructure"

That is SOOOO true!!

Sat, 11/23/2013 - 23:22 | 4184659 vanityvanity
vanityvanity's picture

"Comparative advantage"? We have an economist in our midst! Preach on professor : )

Sun, 11/24/2013 - 04:02 | 4185003 massornament
massornament's picture

I'm not an economist but, if you can believe it, I am a prof...     (don't hate me ;)

I teach media studies at a Canadian university... (so I can attest to the fact that universties are the epitome of bloat and entitlement... but then that just means it is no different from the bloat of the rest of society).

I research propaganda, persuasion, advertising (mostly military related) and such and many years ago I wanted to find out what really made the U.S. into a military and economic superpower. Then the 2007-8 crash happened and I started reading more about economics, technology, petroleum, finance... and that is what led me to places like ZH. I learned so much... still don't understand half of it. I wish I could understand more about the trading talk on ZH. 

I am like many others here that think there is some terrible shit wrong. And I don't think it is just the U.S. empire that is in decline. If we are truly at peak sustainable production of oil and have left the era of cheap energy behind... then our 7 billion asses are f-ed... unless we can collectively cut back expectations and desires. And humans don't seem to be too good at that.

The upside of the curve is what we are good at, the downside... I am not so sure.

Peace.

Sun, 11/24/2013 - 06:08 | 4185085 zhandax
zhandax's picture

If you are willing to learn, we are willing to tolerate you.  As far as how we got here, you need to study the financial history of the US.  You may find more in the comments section than in the  headlines.  If you haven't already, read "The Creature from Jekyll Island".  For a crash course, that is as good as start as you will find.

Sat, 11/23/2013 - 19:04 | 4184123 kraschenbern
kraschenbern's picture

Just keep changing the y1, y2 scales.

Sun, 11/24/2013 - 03:36 | 4184985 CanRan
CanRan's picture

until someone makes you pay for it....yeah free market (eyes rolling)

Fri, 11/22/2013 - 17:29 | 4182317 all-priced-in
all-priced-in's picture

Thank you -  adblockplus works  -

Good bye Kate Upton.

 

 

 

Fri, 11/22/2013 - 17:47 | 4182361 detached.amusement
detached.amusement's picture

laughing because I dont know who that is

Fri, 11/22/2013 - 18:53 | 4182510 Overfed
Overfed's picture

Just think; somebody somewhere is getting sick of putting up with her shit. ;-)

Fri, 11/22/2013 - 19:49 | 4182627 MSimon
MSimon's picture

Teh gay.

Fri, 11/22/2013 - 22:43 | 4182985 willwork4food
willwork4food's picture

I couldn't afford her for a week! Unless she paid me...umm options, options.

Fri, 11/22/2013 - 23:31 | 4183067 all-priced-in
all-priced-in's picture

Just roll her over.

Fri, 11/22/2013 - 22:23 | 4182939 DirkDiggler11
DirkDiggler11's picture

Uh, how can I get my Kate Upton Ads back ? :)

Sat, 11/23/2013 - 00:51 | 4183134 NidStyles
NidStyles's picture

I've seen better, and likely with far less hollywood attitude.

 

Sat, 11/23/2013 - 07:57 | 4183306 GetZeeGold
GetZeeGold's picture

 

 

Meet Vera.

All the hotness....sans the attitude.

http://www.youtube.com/watch?v=MTYRtmK-EdU&feature=related

 

You're welcome.

Sucks to be an Amercan...all we have is Lady Gaga and Brittney Spears......and Kate Upton can't even sing.

Sat, 11/23/2013 - 13:38 | 4183629 lano1106
lano1106's picture

the other 2 can??

Sun, 11/24/2013 - 05:22 | 4185065 matrix2012
matrix2012's picture

Thanks GZG, Vera Brezhneva is much more attractive than the dull blonde head of Kate Upton. Just learn both by now.

Kate is just exposing her big boobs but her look is so boring, i don't see any real beauty there but the dumbness!

Fri, 11/22/2013 - 17:05 | 4182225 Ralph Spoilsport
Ralph Spoilsport's picture

To answer your question, I don't think contributing to ZH turns the ads or sounds off. It didn't for me anyway.

Fri, 11/22/2013 - 19:08 | 4182545 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

To answer your question, I don't think contributing to ZH turns the ads or sounds off. It didn't for me anyway.

You're correct - the site is the same whether you've donated or not. I view a donation as a karmic balancer for the steps I've taken to view the site without ads.

Fri, 11/22/2013 - 19:13 | 4182556 Ralph Spoilsport
Ralph Spoilsport's picture

I had to replace the harmonic balancer on my girlfriend's SAAB 900. I hope the karmic balancer never needs a special wrench from the dealer.

Fri, 11/22/2013 - 20:01 | 4182649 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

I hope the karmic balancer never needs a special wrench from the dealer.

If it does, you can probably pick one up cheap at Harbor Freight. It probably won't last as long as a higher priced one, but it's one of those things that most people won't use very often.

Sat, 11/23/2013 - 02:56 | 4183216 Offthebeach
Offthebeach's picture

Adds?
Really?
All this time I thought it was the voices in my head.
Well, isn't that weird!

Sat, 11/23/2013 - 14:33 | 4183710 Joeman34
Joeman34's picture

<mute>

Fri, 11/22/2013 - 17:26 | 4182306 WOAR
WOAR's picture

I still use Google Chrome (feel free to laugh), and the easiest way to turn off the adds is to stop Java script.

Just right click on the little page next to the web address, and disable javascript.

I can't watch any videos posted here, but everything else works fine.

Fri, 11/22/2013 - 18:25 | 4182440 wahrheit
wahrheit's picture

Comodo has a privacy-minded Chrome variant called "Dragon" that has some good security built in, but I haven't been able to find ad-blocking plugins for it.

As someone below mentioned, the modified Firefox browser + Tor bundle aka Vidalia offered by the Tor project which is sponsored by the EFF (they fight the NSA) is highly recommended.  It defaults with startpage.com for its home page and search tool.  For extreme security, the Tails mod does this on read-only media so there's no tracks.  Both are intended for whistleblowers, Chinese dissident journalists behind the Great Firewall of China and such.  While there's been much skeptical light cast on the Tor project (cryptome.org and others) in terms of fed funding, and indeed its core concept of onion routing originates from the Naval Research Lab, I am still confident in the integrity of it.

If you just want to block ads and keep the database marketers out, use a combo of Firefox + AdblockPlus + DoNotTrackMe.  Always use https whenever possible.

Search Bruce Schneier's blog at schneier.com for a blog post about Ghostery and the subsequent commentary for more detail on this.

If you use Tor, try getting on sites with the onion:// url.  Be careful, it's the Wild West of the Internet and you are going to see some crazy fucking shit.

Sat, 11/23/2013 - 03:35 | 4183224 John_Coltrane
John_Coltrane's picture

I use adblock plus and ghostery.  Never see any ads on this site on any other.  However, there a 11 trackers I am currently blocking.  If enough people start using ghostery, it will end tracking permanently.

Sat, 11/23/2013 - 03:53 | 4183233 James_Cole
James_Cole's picture

Ghostery does track you and send your anon info to advertisers if you have ghostrank on, fyi to people downloading it.

There's no perfect solution but anything is better than handing over all your info to the Google eye of sauron.

Sat, 11/23/2013 - 05:34 | 4183264 zhandax
zhandax's picture

Try a two prong attack; go to http://msmvps.com/blogs/hostsnews/ and download their latest hosts file.  Copy it to the appropriate location.  For the most victimized OS, /windows/system32/drivers/etc/. 

Then instal (if you haven't already) some flavor of Mozilla (Firefox, SeaMonkey, etc).  Install a free add-on called NoScript.  You will have to temporarily enable bing to see the Kate photos NTI posted.  But if you temporarily enable it, it is still blocked the next time they try to steal screen real estate.

 

Sat, 11/23/2013 - 14:55 | 4183746 yofish
yofish's picture

You have the best advice. Modifying the hosts file severs the connection, no third party involved. Years ago I did the hosts thing and am amused when I hear people complain about ads - they just don't happen. Usually that third party wants something too. DuckDuckGo to browse. If you're doing a lot of research, say for parts, turning java on and off is a pain. DuckDuck gets better and better. Unusually, if you have a bone to pick, the developers will actually converse with you. Imagine that.

Sat, 11/23/2013 - 10:13 | 4183365 MopWater
MopWater's picture

Ive thrown in the towel on attempting to remain anon online.  I let Google in, and hope they realizey output far outweighs my sentiments towards government as a whole.  Besided, at this point I would think their profile of me clearly shows I have huge bark and absolutly zero bite.

Sat, 11/23/2013 - 15:21 | 4183773 James_Cole
James_Cole's picture

Maybe I'm a luddite but I see no upside in handing over all my info to these assholes willingly.

Straight from the horse's mouth:


Zuckerberg: Yeah so if you ever need info about anyone at Harvard

Zuckerberg: Just ask.

Zuckerberg: I have over 4,000 emails, pictures, addresses, SNS

[Redacted Friend's Name]: What? How'd you manage that one?

Zuckerberg: People just submitted it.

Zuckerberg: I don't know why.

Zuckerberg: They "trust me"

Zuckerberg: Dumb f*cks.

Sat, 11/23/2013 - 20:25 | 4184259 Bunders
Bunders's picture

"Google eye of sauron." + 1 Beeeelion

I've said at every opportunity that there is no such thing as computer security because no one alive knows how any single computer works. By which I mean the company packaging the components into a product doesn't know how each component works. Hell, even the engineers themselves don't know exactly how their own product works half the time, only that it (hopefully) passes testing. This doesn't mean that it can't exhibit unexpected behaviour.


From Phoenix (one of a small number of computer bios manufacturers) own developer blog

"You would think that, after all of these years of working as a BIOS engineer, in a company stuffed-full of assembly-language expertise, there would be nothing to catch us off guard. But it happened with a single line of assembly.

  call rax"

So, those best able to compromise security would be those with best access to technical documents and source code, engineers working with the NSA for example. And Google, perhaps. 

Understanding DMA Malware TL:DR - Intel Chipset PCs (and probably all others also) can access everything in memory including keystrokes in a way that can't be detected by anti-virus software and can use the network card even when you think your PC is switched off. 

That's Uni researchers and not NSA analysts with access to all technical docs (In the case of Intel, requiring two seperate NDAs to be signed. Good luck) of companies with American offices.

Wondering how stuxnet took out the Iranian nuclear systems even though they were seperated by an air gap? I'm still betting on a USB key carelessly used by an employee or smuggled in by an agent but, then,

BadBIOS - TL:DR - As we learned from the previous document, the BIOS controls legacy functions like PC Speaker (beep) and perhaps microphone, these *may, hypothetically* be used as a modem to transmit virus from one bios to another at ultrasonic frequencies. That would be a neat trick that no-one has seen before but so was taking out centrifuges.

This brings me back to the "Google eye of sauron." And here it is:

Google Thinking Machines - TL:DR - "Google no longer understands how its "deep learning" decision-making computer systems have made themselves so good at recognizing things in photos."

Recognising things in photos today, other paterns tomorrow. Security vulnerabilities in circuit diagrams and computer software, perhaps.

Welcome to the brave new world, sirs.

B.

Sat, 11/23/2013 - 10:05 | 4183357 nabi
nabi's picture

I use abine DoNotTrackMe addon for Firefox.  It blocks companies and social media tracking...

Sat, 11/23/2013 - 20:58 | 4184322 Clycntct
Sun, 11/24/2013 - 06:20 | 4185092 matrix2012
matrix2012's picture

@ wahrheit

hopefully all the stuffs that you just mentioned could help to create other brave young men such as Bradley Edward Manning (aka. Chelsea Elizabeth Manning now after his transexual change) or Edward Joseph Snowden to break the clouts of silence and 1984-style totalitarian state.

Fri, 11/22/2013 - 20:33 | 4182710 bonin006
bonin006's picture

Paying them would be like paying ransom to Somali pirates - you just get more pirates (or more obnoxious adds)

Sat, 11/23/2013 - 18:02 | 4184014 G.O.O.D
G.O.O.D's picture

want to couple it with this so you can keep your emails from being overran with spam and having your comp loaded with cookies, PLUS who needs the NSA tracking everything you do? http://www.ghostery.com/ I am blocking 11 tracking devices as I type this.

Fri, 11/22/2013 - 16:57 | 4182187 Joe Davola
Joe Davola's picture

Considering how overly optimistic gdp projections have been, that chart could end up looking much worse.

Sat, 11/23/2013 - 03:01 | 4183217 Offthebeach
Offthebeach's picture

Openened a Fortune Cookie. Slip said, "Stock market rise until GDP improves."

Sat, 11/23/2013 - 09:45 | 4183344 RKDS
RKDS's picture

.

Those are the sounds of a free market at work.

I don't know how to vote on this quote.

Are the ads the sound of a free market at work or is it expressing a desire to pay so they shut the hell up?  Second, are you praising the free market or ridiculing it for A) bombarding us with stupid loud ads and B) creating artificial shut up demand (breaking windows to sell repair services) instead of real product demand (spending to improve our condition rather than renting the status quo)?  Because, personally, the same 3-5 ads screaming about car insurance or Viagra clones on every single website or TV channel are quite frankly making "capitalism" look ridiculous.  Where's all of the cool stuff a free market should bring us?  Or do we have to settle for nothing but car insurance and Viagra clones because that's most profitable so that's all anybody wants to sell?

Sat, 11/23/2013 - 20:37 | 4184326 Ralph Spoilsport
Ralph Spoilsport's picture

It was just a snarky comment. Most of us use AdBlock anyway so I haven't experienced your level of annoyance with the ads.

Fri, 11/22/2013 - 16:56 | 4182182 James_Cole
James_Cole's picture

The answer to your problems (though speed may take a hit).

https://www.torproject.org/projects/torbrowser.html.en

Fri, 11/22/2013 - 16:58 | 4182195 Mad Mohel
Mad Mohel's picture

Thanks pal, i'll give it a try.

Sat, 11/23/2013 - 05:14 | 4183259 Zero Point
Zero Point's picture

Just add bitcoins and you can buy hard drugs on the internet.

If you feel it's safe to do so.....

 

Sat, 11/23/2013 - 11:50 | 4183453 flacon
flacon's picture

Use "AdBlock" a free plugin for Chrome. Ads vanish from most web sites. 

https://chrome.google.com/webstore/detail/adblock/gighmmpiobklfepjocnamgkkbiglidom?hl=en

Fri, 11/22/2013 - 17:02 | 4182208 ZerOhead
ZerOhead's picture

The BEA and Federal Reserve have a new plan that could help boost our GDP output substantially. It requires that a simple market value be placed on all sexual acts occurring in the economy...

http://www.usnews.com/news/articles/2013/11/04/economists-plot-a-new-tak...

Sat, 11/23/2013 - 05:56 | 4183274 zhandax
zhandax's picture

Congratulations, Zhead, you just discovered the latest means to bullshit the numbers. 

GDI should in theory equal GDP, says one Philadelphia Fed economist, as all of the expenditures on goods and services are also incomes for factories and stores.

Only problem here is they will be counting Chinese revenues (minus some fuzzy export/import factor) for most manufactured shit.

Fri, 11/22/2013 - 17:28 | 4182314 JimS
JimS's picture

Turn your volume down to ZERO, and the problem is solved.

 

Fri, 11/22/2013 - 17:45 | 4182356 AGuy
AGuy's picture

Block them! in Opera right click anywhere on the webpage) then select which ads you want to block.

Fri, 11/22/2013 - 18:48 | 4182491 Rafferty
Rafferty's picture

Most annoying. My simple remedy is to turn off the sound on my device.

Sat, 11/23/2013 - 04:41 | 4183247 Stimme der DDR
Stimme der DDR's picture

Chrome. AdBlock.

Sat, 11/23/2013 - 10:05 | 4183358 insidious
insidious's picture

I just mute my computer volume unless I actually want to listen to something. At one point I tried Adblock but I seem to remember that it slowed down the web pages so I got rid of it. Maybe I should try it again - but muting works fine for me.

Sat, 11/23/2013 - 10:34 | 4183380 EARLPEARL
EARLPEARL's picture

get one of your grandchildren to turn the volume down or MUTE

Sat, 11/23/2013 - 11:51 | 4183455 flacon
flacon's picture

Use "AdBlock" a free plugin for Chrome. Ads vanish from most web sites. 

https://chrome.google.com/webstore/detail/adblock/gighmmpiobklfepjocnamgkkbiglidom?hl=en

 

Sat, 11/23/2013 - 12:00 | 4183465 Silver Sativa
Silver Sativa's picture

Hi, Mad Mohel:

 

You need either the FireFox browser, or the Chrome browser. With either one of those, you can have ad-blocking extensions added to them. Fuck those commercials.

 

Sat, 11/23/2013 - 17:48 | 4184003 evokanivo
evokanivo's picture

Time to learn technology - get Google Chrome or Firefox, if you're not using either already, and install AdBlock. Just google it if you have any issues.

Sat, 11/23/2013 - 20:18 | 4184287 twh99
twh99's picture

If you are using Safari or Firefox, look at the plugin called AdBlock.

Sun, 11/24/2013 - 07:29 | 4185135 matrix2012
matrix2012's picture

If you are using SRWare Iron or Palemon (the leaner version of Chrome and Firefox), look at the plugin called AdBlock. Iron is known as Chrome without privacy concerns.

Fri, 11/22/2013 - 17:36 | 4182334 superflex
superflex's picture

"All is Well.  Remain Calm".

http://www.youtube.com/watch?v=zDAmPIq29ro

Fri, 11/22/2013 - 17:12 | 4182247 sixsigma cygnus...
sixsigma cygnusatratus's picture

I can just picture the Bernanke in his office saying: "Nonsense.  Steiner's assault will bring it under control..."

Fri, 11/22/2013 - 18:18 | 4182424 rubiconsolutions
rubiconsolutions's picture

So, maybe we're looking at this the wrong way. Maybe world GDP will hit 7%

And yeah...../sarc

Fri, 11/22/2013 - 19:47 | 4182622 malek
malek's picture

And then some more room until we get to -100% GDP growth and S&P 25000.

Sat, 11/23/2013 - 10:33 | 4183377 SuperRay
Sat, 11/23/2013 - 15:20 | 4183772 Jack Burton
Jack Burton's picture

No manipulation in sight! I can't see any, stocks respond to fundamentals. Economics professors say so...........

Sat, 11/23/2013 - 17:17 | 4183944 babylon15
babylon15's picture

Nonsense, stocks can go up even when GDP growth is negative.

Fri, 11/22/2013 - 16:36 | 4182105 HedgeAccordingly
HedgeAccordingly's picture

Tepper say's there is no bubble tho right? - http://hedge.ly/1c7IE91

Fri, 11/22/2013 - 17:45 | 4182354 max2205
max2205's picture

QE will do that

Fri, 11/22/2013 - 16:38 | 4182108 cpzimmon
cpzimmon's picture

It looks like money has nowhere to go.

Sat, 11/23/2013 - 16:25 | 4183863 FeralSerf
FeralSerf's picture

Then why doesn't some of it go into gold?

Fri, 11/22/2013 - 16:41 | 4182124 Long-John-Silver
Long-John-Silver's picture

It's going to be epic when this game comes to a crashing end.

Fri, 11/22/2013 - 16:49 | 4182157 semperfi
semperfi's picture

may we live in interesting times

Fri, 11/22/2013 - 17:09 | 4182239 Citxmech
Citxmech's picture

I have a feeling most of us will be wishing for the old boring days once the S finally HTF.

Fri, 11/22/2013 - 17:13 | 4182249 semperfi
semperfi's picture

wishing for our Benny-boy back ?  perhaps

Fri, 11/22/2013 - 20:13 | 4182669 neidermeyer
neidermeyer's picture

I'm listening to that RHINO records compilation "Have a Nice Day" ,, all the shit songs from the 1970's that I hated then sound pretty good now ... I'd love to be reliving the Carter years and know that we have 40 years before it all comes down and Reagan in the "on-deck" circle. I'd run out and get a SD455 Trans Am and fill the passenger seat with the first skinny white chick I could find.

Sat, 11/23/2013 - 00:37 | 4183126 e_goldstein
e_goldstein's picture

and may the odds ever be in your favor.

Fri, 11/22/2013 - 17:12 | 4182243 CrashisOptimistic
CrashisOptimistic's picture

I do not understand the moaning.

There is no market.  There is no economy.  It is all dictated.  Why are you playing?  Why is anyone playing?  HFT is over 50% of volume and EPS numbers are all generated via share buybacks financed at 0% interest rates.

This has no precedent in history at all.  There is no reason to care about P/E comparisons to history when E means nothing and has never existed in that form in all of history.

The game is over.  Stop playing.  Get out of equities and stay out.  Don't short.  Don't long.  Just stop.  If you play, you'll lose everything.  Just don't play.

Fri, 11/22/2013 - 17:28 | 4182313 superflex
superflex's picture

But my companies 401k admin says we should be putting at least 10% of our pay in the "markets".  Over the long haul, we should see a 10% growth.

I wanted to reach through the phone and strangle the douche.  

There is only one other person in our office who gets it.  The rest are lambs being led to slaughter.

 

Fri, 11/22/2013 - 17:49 | 4182368 detached.amusement
detached.amusement's picture

I was chuckling at a party last week, these two guys were saying how they started contributing and are putting in the max.  I just grinned and told them how I had just did the exact opposite.  Now all I have to do is leave my job to be able to take it all.  (minus uncle mao's take, of course...)

Fri, 11/22/2013 - 17:53 | 4182379 superflex
superflex's picture

I was happy to cash out my former comany 401k this year and pay Uncle Mao his shakedown money

I've been DCA'ing that sum into PM's over the last 2 months.  This week was my biggest purchase.

Sat, 11/23/2013 - 11:18 | 4183419 therearetoomany...
therearetoomanyidiots's picture

Sorry to hear about your boat going down like that!  You must've lost everything.  

 

:-)

Fri, 11/22/2013 - 18:12 | 4182410 Edge.case
Edge.case's picture

401k in service withdrawal?

Fri, 11/22/2013 - 20:25 | 4182696 neidermeyer
neidermeyer's picture

I had just did the exact opposite. 

**********************

Dave Ramsey kills me with his "for the long term" advice ... In 1999 I failed to get through to my brother-in-law that he needed to quit his job at HD IMMEDIATELY to preserve his wealth (15,500 shares!) and go into cash or bonds or something... Home Depot at that time was having it's first ever storewide sale ,,, everything 10% or 15% off or something ... of course it meant they were going to miss in a big way and they did ... and of course they fired staff to cut expenses ... he got fired 2 years after that after losing about 65% of $1.2M

Fri, 11/22/2013 - 18:37 | 4182466 NIHILIST CIPHER
NIHILIST CIPHER's picture

Crash          Agree, get out of paper everything.....now.

Sat, 11/23/2013 - 09:04 | 4183324 lotsoffun
lotsoffun's picture

i work for a bank and have a 30 day holding period.  if i did not have that holding period, i would be rich.  it really is very simple, buy every fucking dip and then sell and buy the next dip.  however, at some point and it could be anytime, the thing is going down.  and that's what they want, the suckers will lose 30% at least in minutes.  but, if you aren't restrained, buy it.  and buy bit coins.  i can't, but i would if i could.  and yes QE did work, because those of us in banking still have jobs and bonuses.  that's bernake's  'it helped employment' mantra.

 

Fri, 11/22/2013 - 16:42 | 4182129 Derf Scratch
Derf Scratch's picture

The herding of the sheeple into stawks has only just begun, wait til they see the Business Section headlines this weekend...

Fri, 11/22/2013 - 16:44 | 4182137 pound the vix
pound the vix's picture

We don't need GDP growth, Just Debt Growth the proceed of which go straight to stocks.

 

Japan shows that Debt can go to at least 250% of GDP which means we have about $20 Trillion more in debt we can go. 

 

I hope the chinese start buying the debt again!

Fri, 11/22/2013 - 16:45 | 4182140 Quinvarius
Quinvarius's picture

When gum is $5 a stick, GDP will probably be pretty high.

Fri, 11/22/2013 - 18:15 | 4182414 assumptionblindness
assumptionblindness's picture

If gum is $5 a stick then there won't be enough affordable dental services left to keep the teeth that are necessary to chew that gum. How many folks can chew gum without teeth? Yeah, that's what I thought.

Fri, 11/22/2013 - 18:44 | 4182481 NIHILIST CIPHER
NIHILIST CIPHER's picture

Depends on if you are holding PM's, you could probably pay for dental for the whole county and buy them a pack of gum to boot.

      @assumptionblindness

Fri, 11/22/2013 - 22:00 | 4182900 quasimodo
quasimodo's picture

Not with metals at these fucking prices you won't, if your are lucky the whole county will get a spool of floss.

Fri, 11/22/2013 - 16:47 | 4182146 Nothing but the...
Nothing but the truth.'s picture

And still the personnel in charge of guiding the world's largest economy ( for now ) fail to see the almighty train smash straight ahead , chosing instead to go on repeating and exacerbating their mistakes.

Fri, 11/22/2013 - 16:57 | 4182185 eatthebanksters
eatthebanksters's picture

They see it better than everyone...why else woud the Bernank step down?  They are trying to instill confidence, kicking the can and praying somethin happens.  We'll see how their paryers are answered, but one ting is for sure:  God doesn't suffer fools!  Bahahahahaha!

Sat, 11/23/2013 - 08:55 | 4183321 Winston Churchill
Winston Churchill's picture

They have been busy working on the ACA,can't you tell ?

Fri, 11/22/2013 - 16:47 | 4182147 pound the vix
pound the vix's picture

Don't forget when the market finally cracks, they will ban short selling and inverse efts and if it gets bad enough probably ban puts

Fri, 11/22/2013 - 17:39 | 4182344 Nothing but the...
Nothing but the truth.'s picture

Yet they are fine with paper gold/silver shorting - seems they are terrified of PM's overshadowing the $.

Fri, 11/22/2013 - 18:12 | 4182409 Papasmurf
Papasmurf's picture

Inverse ETF's never accomplished their goal for periods longer than a few days at a time.  They are useless for shorting markets.

Sat, 11/23/2013 - 13:28 | 4183606 DoChenRollingBearing
DoChenRollingBearing's picture

Very true!  I have the battle scars to show it.

Much better to short the markets by buying gold.

Sun, 11/24/2013 - 09:01 | 4185184 GetZeeGold
GetZeeGold's picture

 

 

I just spent all my gold to buy into the cult......came with a $6350 deductible.

Sat, 11/23/2013 - 03:44 | 4183226 John_Coltrane
John_Coltrane's picture

If they ban puts they have to eliminate calls as well.   If you don't understand that symmetry don't trade options.  More likely in a major crash they just close the markets for awhile and let them all expire(i.e. there will be no market, nor market makers to provide liquidity) .  That's why if you must gamble, only do so with options, so you have well defined losses, no matter how quick the crash.  

Fri, 11/22/2013 - 16:48 | 4182151 PontifexMaximus
PontifexMaximus's picture

That's what we need: GDP down to slightly above zero, markets ad adstra!

Fri, 11/22/2013 - 16:50 | 4182159 Dingleberry
Dingleberry's picture

So what happens when we hear taper or rumor of taper? 

Not only will there be no taper.....in all likelihood QE will increase.

 

bitcoin to God knows what bitchez.

Fri, 11/22/2013 - 16:50 | 4182165 pound the vix
pound the vix's picture

remember the good old days when the largest company's missed earnings the market would go down and not hit all time all time highs.

 

Intel down 5%???

Fri, 11/22/2013 - 17:06 | 4182222 eatthebanksters
eatthebanksters's picture

But of course, good news is just around the corner.  Why?  Because Barry and kool aid cult say so!

Fri, 11/22/2013 - 16:51 | 4182166 stinkhammer
stinkhammer's picture

bankers jumping out of windows and shit

Fri, 11/22/2013 - 18:14 | 4182413 Papasmurf
Papasmurf's picture

I'll drink to that. 

Sat, 11/23/2013 - 08:17 | 4183310 GetZeeGold
GetZeeGold's picture

 

 

The good news is with those guys gone....there will be just that much more for us.

 

Chin chin.

Fri, 11/22/2013 - 16:51 | 4182169 Miss Expectations
Miss Expectations's picture

Throw a skull on that bad boy and you've got the Jolly Roger.

Fri, 11/22/2013 - 16:53 | 4182173 rubearish10
rubearish10's picture

That cross is as big as the one on my head!

Fri, 11/22/2013 - 20:43 | 4182730 Son of Captain Nemo
Son of Captain Nemo's picture

Is that you "Charlie"?

You'll have to tell us how you got your account.

Sat, 11/23/2013 - 12:16 | 4183494 rubearish10
rubearish10's picture

No but I am getting married!

Fri, 11/22/2013 - 16:54 | 4182174 eatthebanksters
eatthebanksters's picture

Obama wants to stretch this out three more years so the disaster happens on someone elses watch...well, with the new found love in congress thanks to Harry's Reid's thoughtful behavior, maybe O will go down as the worst President in history after our economy is fucked.

Fri, 11/22/2013 - 17:19 | 4182275 SnatchnGrab
SnatchnGrab's picture

"maybe"?

Really. "Maybe"?

Fri, 11/22/2013 - 17:25 | 4182302 djsmps
djsmps's picture

Obama just extralegally postponed the 2014 Obamacare enrollment date by one month so that it starts after the 2014 election.

Fri, 11/22/2013 - 17:49 | 4182357 SDShack
SDShack's picture

That means nothing in the big scheme of 0zer0care. The sticker shock of private plans is already happening NOW and is what has freaked out the dumbcrats. The problem facing dumbcrats in 2014 is the EMPLOYEE plans, and that will be 10-100 times worse than what is happening now. 0zer0 can't do anything to stop the employee plan clusterfuck about to happen. The 0zer0care death spiral has started. The risk pools are being obliterated with only high risk signups. This is going to massively hike rates for 2015. Those rate hikes will be known to business next summer when they do their annual business plans. That's when businesses will be forced to cut employee plans to save cost. Estimates are 50-100 million will lose their EMPLOYEE plans. Because HC is a benefit, business are required to WARN employees 60 days ahead of the change that will take place on 1/1/2015. That means notification letters go out in October 2014. There is nothing 0zer0 can do about it. Even postponing the employer mandate another year won't matter. The 0zer0care train is coming straight for the dumbcrats and they are all tied to the tracks. The only way they escape is if the stupid repugs come along and untie them from the tracks.

Fri, 11/22/2013 - 17:53 | 4182377 detached.amusement
detached.amusement's picture

true, but the kneejerk rule-'unenforced' status as declared by zer0 came anyway, thinking they could mitigate the disaster.

 

just lends more credence to the idiot factor in that crowd....if they kneejerk so badly with stuff like this, how could they possibly be planning...anything at all aside from trying to get it all single payer.

Fri, 11/22/2013 - 23:14 | 4183051 hootowl
hootowl's picture

You can count on Oboehner and McConnell to rescue the Demoncraps from their frenzied rampage of self-destruction on cue.  We can expect no less from the self-serving moron party.

Snatching defeat from the mouth of victory has been their modus operandi for over a decade now.

Sat, 11/23/2013 - 00:38 | 4183127 disabledvet
disabledvet's picture

if this spills over into insurance markets for government employees then without a doubt "Ted Cruz has won." We the People are looking for an alternative to the two party State. So far i only see one alternative...but there could be more. It's not easy to set up a even a third party...let alone a fourth or fifth. i wish the latter two the best of luck.

Sat, 11/23/2013 - 11:13 | 4183417 therearetoomany...
therearetoomanyidiots's picture

Meh...Cruz has already been discounted, painted as  tea partier which means, in free shit army speak, bad person.

Hillary is president next.  We must suck on the exhaust pipe.   The TeeVee watching masses with minimal brain power know nothing other than what the propaganda tells them.   Still well over 50% democrats think Obama isdoing a great job.  

Nothing I can think of will prevent the inevitability of President Clinton - Rise of the C*nt.

Sat, 11/23/2013 - 09:49 | 4183350 RKDS
RKDS's picture

It's not snatching defeat from the jaws of victory once you realize that the Ds and Rs are on the same team: the coddle-the-rich-at-all-costs team.

Sat, 11/23/2013 - 12:13 | 4183488 akarc
akarc's picture

This is the message that needs to be disseminated to the masses.

Sat, 11/23/2013 - 12:12 | 4183490 akarc
akarc's picture

This is the message that needs to be disseminated to the masses.

Fri, 11/22/2013 - 16:53 | 4182175 Racer
Racer's picture

 GDP anything to do with equity prices? That's fundamental stuff.... hence not related to equity prices

Fri, 11/22/2013 - 16:54 | 4182178 Leveraged Algorithm
Leveraged Algorithm's picture

It's all good.....

Fri, 11/22/2013 - 16:59 | 4182198 ebworthen
ebworthen's picture

The death cross will be when politicians don't allocate enough of the largesse to the hungry masses.

Cutting SNAP and fucking over the middle class with Obamacare and a steady decline in career employment is a miscalculation.

The labels and monikers are different but the attitude of the elites and the house of cards being built is no different than France 1789.

Fri, 11/22/2013 - 18:56 | 4182518 NIHILIST CIPHER
NIHILIST CIPHER's picture

ebworthen          TPTB will drop a war on us at the point you speak of OR mankind will be given a new invention that is a game changer to save the day. Script for this play was written long ago, pop some popcorn.

Fri, 11/22/2013 - 23:08 | 4183034 hootowl
hootowl's picture

Who are they going to send to bleed and die in their bankster wars.  Pansies and Lesbos?....Gungrabbing progressive jihadists from Joo York? That will put some stress on the old adage, "There aint no athiests in foxholes".

If they try to re-institute the draft, look out Canada, here we come.

Sat, 11/23/2013 - 09:21 | 4183331 GCT
GCT's picture

Hoot all they will do is set of a nuke in a large city and the people will flock to get revenge on the pointed out enemy!

Sat, 11/23/2013 - 12:10 | 4183486 akarc
akarc's picture

Your funny. Obviously the night is your friend.

Fri, 11/22/2013 - 17:01 | 4182206 SpaceEcho
SpaceEcho's picture

When the Equitty index hits 2000 it gets yet another superfluous "t"

It's science

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