Nuttin new here...
Seven years of ZIRP has created yet another bubble (in bonds). And now we've got a Debt to GDP ratio of 105%.
USD/CAD is testing highs as news drives USD/CAD higher, can USD/CAD breakout to 2015 1.47 levels? Canada struggles for self-identity.
"Just one more roll of the dice...?"
Let it ride...
Looks like it could be 2500 more to go
Wow. A completely fraudulent and fixed market hasn't had a 20% correction. YAWN.
More importantly, WHO CARES?
how is it fraudulent?
the economy is slowly getting better day by day and the market is reflecting that.
Oh good.... Who knew CNBC was right all along?
Watch what these Americans have to say about the current SOTU, http://www.youtube.com/watch?v=_nirnIV5pfs#t=169
Who cares about market corrections when your belly is growling.
how is it fraudulent?
Every US economic statistic is manipulated to suit the markets.
How does the US deliver such outstanding GDP growth with a labor participation rate that is the lowest since 1978?
The answer is simple. Just manipulate the inflation rate lower and you get higher GDP.
The US Bureau of labor Statistics uses a variety of techniques including hedonics and substitution to manipulate the inflation rate lower. So if the price of cars has gone up by say, 10%, then one can attribute 70% of the increase due to improved quality and so the inflation rate for cars falls from 10% to 3%. The GDP rises by the 7% hedonic adjustment of the price of the car. This technique is especially potent for computers since their speed and storage capacity increase a lot every year. Some quarters, 80% of US GDP growth was due to hedonic adjustment of computer prices.
So this US GDP growth is just a mirage manufactured by mendacious managers of the US economy.
Shadowstats has alternate inflation charts which show US inflation 3% to 6% higher. This means that real growth in the US economy has been zero or negative for quite a while. And the labor participation rate reflects that reality:
labor participation rate chart:
bwaaa haaa haaa ha!!! keep drinking that kool-aid endo. that must be sum good purple drank you got there.
...and it tastes like purple too.
i don't eat my money but if it taste as good as it feels making it i bet it'd taste good
"the economy is slowly getting better day by day and the market is reflecting that. "
actually, day by day, the labor participation rate keeps falling as more people lose their jobs, the quality of jobs keeps dropping (lower-paying and part time jobs replacing full time ones), the nation keeps getting deeper and deeper into debt, more and more people are getting food stamps and government handouts to get by, the dollar is losing its reserve currency status, being replaced by china, shall i go on?
what planet are you on, exactly, when you claim the economy is getting better day by day? how did you come to that conclusion?
I think ya' fergot yer /sarc tag.
lol greenshoots of recovery everywhere
Green shoots! Green shoots nigga!
-Barack Hussein Obama
I care because a 20% correction would drive the pumping to $150 billion per month and move interest rates to historic lows. I want to lock in a few new mortgages before a smidge of reality cracks the facade once again.
Good time to consider selling, fishez.
What roll of the dice? The S&P has been guaranteed.
Correctomundo.... Hell is about to break loose
lot's of cheap stock for sale this morning. my portfolio is up 4% today. the selling over the last week is WAY overdone. you guys are missing out on the action. i'm too busy making money to care about your negativity.
You do care. If you didn't, you wouldn't be posting here.
i read Zerohedge every day, every article, every comment, and I consider myself part of the community. my goal is to GET MONEY!!!
too many people here put their money on what they believe to be morally correct instead of putting their money on what's MAKING MONEY!!!
the doomsday profecy yall are preaching might be correct in the long-run, but it didn't make you money today, and it might not make you money in the future. today it did the opposite.
yall call the people making money "sheeple" as if you're somehow smarter by not making money.
yall need to get with the program.
Sounds like you are a Cramer disciple. I think you might find more like-minded people on the Seeking Alpha website.
Needle, you can't talk to guys on that purple drank. they just don't listen. look at Bieber. "mo money! mo money! mo money!!"
I love Seeking Alpha, and the information from Seeking Alpha has made me LOTS of money.
I DO like Zerohedge, it is a great contrarian indicator. Zerohedge tends to always bet against the money, so betting against Zerohedge is a good way to make money.
i hear the exits are gonna be pretty cramped as it is....good luck getting out with that huge head of yours
BOO YAH !!!
Yes, because I'm "sure" none of the gold and silver bugs on here bought when gold was $250 or silver $4. Or the Bitcoin proponents at $30 or lower. Or people that buy ammo and guns and crushed it last year on that investment. Please ASSume some more...
zerohedge didn't even exist when gold was $900 nevermind $250.
i read zerohedge every day and find the information useful, but anybody who's invested based on the sentiment of this site has lost LOTS of money. fact.
Then how come I bought gold for $880 while reading ZH?
Even as a shill you should get your most basic facts rights.
gold was above 900 when ZH went live, and dropped toward 800 for about 2 weeks. CONGRATULATION!!!! you bought at the bottom (so you clain) and still made less money over the last 5 years than investing in the SP500 made over the last 1 year.
and we both know you probably looked at the chart to cherry-pick the price you mentioned because you hate to admit that i'm right.
I was mostly able to preserve the purchasing power of my wealth when discounting by the real inflation rate (Shadowstats) over the last 5 years, thanks for asking.
Believe whatever you want to believe - I'm happy to report my gold averaged buying price is still less than the recent lows, even though I did buy some at $1600+Golds best days are still ahead in all likelihood.
You never made the case that ZH existed when it's readers bought gold, silver, ammo, bitcoin, etc. So all of us savvy investors were clueless in the markets until ZH came online and only then bought gold?
Urban youth, please.
You're embarrassing yourself.
You sound like someone desperately in need of getting appreciation by others.
Making money can only fill that void for you so far, you know.Enjoy making money, while ignoring the bigger picture or actively hasting the demise of the (moral) system. And watch out that morally even more incorrect than you folks don't take yours - we're not going to defend you.
"The only way to win is not to play" (the game of making more money by all means.)
lol... sure pretend that losing money makes you happy
I'm sure you're a big hitter. Please, tell us what new Toyota you bought this year when you "closed your biggest deal." I've learned in life that people who claim to have a lot of money or to make a lot of money are usually poor or middle class at best. You're no big hitter. You're a wannabe.
I wouldn't be buying dips, but reducing exposure. No correction yet. But an all out crash. The FED tried the central planned, priced fixed commie experiment with Wall Street cronynism on top...and we know how that ended.
"I'm too busy making money to care about your negativity."
So busy making money, he has time to stop by the Hedge and fart out uninformative drivel.
I even had time to buy a porsche with all the money i been making.
Nice BOV. LOL!
Your ambition must be small to brag about 4% on the ZH wall.
"Leave it all on black."
And it's been 1,836 days and 7 hours since we've had a president with fascistic and dictatorial tendencies.
We're a country being led by the blind (or corrupt) and we are a society that is completely lacking in the most basic of morals.
America is a rotting cesspool of shit.
That is an insult to rotting cesspools of shit the world over.
try 18,682 days. (November 22, 1963)
Not far enough back, since only a fascist would send Salinger out to comer the market for his personal enjoyment before using the executive authority to unilaterally enact laws for the little people (amongst a host of other crimes).
Minimum 19,369 days (he also has some issues, but at least he warned about the creep of fascism)
But if we set the bar at "beyond a reasonable doubt" it's been 31,014 days since Coolidge left office.
JF Kennedy actually authored an article expounding the importance of the 2nd amendment. Seems like it ran in Guns magazine in the late 50s or early 60s.
Yup. Last Prez who actually gave a fuck about America, it's people, and the Constitution. We saw what happened to him. To be fair, I think Reagan could have been great, but pappy Bush and the CIA sent him a pretty clear message there in '81.
re you kidding me? Like Bush was any less of a facist than Obama? I'm tired of this fascism BS -Mussolini and Hitler were far better than what we have. At least their Fascism/National Socialism was designed in large part to benefit their people -rather than Zionist Banksters.
Replace Zionist with illuminated ones who have a bloodline since well forever and you would be right
gold is down 2%+, my portfolio of STOCKS is up 4%+
sorry i enjoy MAKING money. you guys must enjoy doing throwing it away.
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