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It Was So Cold In January, Even The Internet Froze
Of course, the internet can not freeze - at least not in the Old Normal world - however that is the only logical explanation we can offer in a world in which yesterday's atrocious retail sales were blamed on the weather - supposedly people stay at home, don't drive, don't go to the mall, don't shop because they have never had to engage in such activities in the winter when it snows outside - and yet online retail sales.... dropped even more? Because we know that in said world, consumption weakness can not possibly be explained by a tapped out US consumer who actually has little disposable cash left, and so we have to assume, correctly, that the weather was so bad in January, that even the Internet and online retail websites, must have frozen. There is no other explanation.
Source: Department of Commerce
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Apparently the amazon can't handle a little cold weather...
they didn't have any problem with my Silver Eagle delivery
My fucking Comcrap internet freezes all the time.
How much free porn was being viewed/downloaded in January?
.
Hard to do online shopping with one hand, while jerking off with the other...
No. You would be surprised. It's amazingly easy to do.
I think brains of all those ANALysts without any conscience left froze...
What's amusing is the amount of boneheads on Zerohedge that claim the internet is uselses, can be switched off at TBTB's will, "does not exist", is maintained by geeks who know nothing, yada, yada, yada.... and yet continue to post here on a daily basis.
Hey, fonestar. Good news! I can prove that your BTC definitely have value. Just look what you can purchase with them. http://www.overstock.com/Jewelry-Watches/American-Coin-Treasures-1-gram-Gold-Ingot-Pendant-Necklace/2623510/product.html?searchidx=0 I would trade up right away, if I were you.
With ice storms wrecking havoc around these parts for last few weeks, we've seen the power flicker off and not return for 9 days. Phone lines were the first thing to go. Fallen trees made the roads useless and everything unreachable except via helicopters for days. Several mobile towers were knocked out too, so no mobile signal either. As you might imagine, having instant access to gmail was not really a major concern. People having trouble getting their homes to stay warm don't loose much sleep over your precious internet obsession. And rightly so. Priorities dude.
Thanks for helping prove fonestar's point. Many of your portfolios are entirely centered around "few weeks" after a catastrophic economic collapse, bank holiday, power outage, alien invasion etc.
So what are your plans after that exactly?
You're obviously ambidextrious.
I'd give my right arm to be ambidextrous...
So much Cynism- So little Time.
Would have been nice if the weather froze Ben's chopper like it froze AMZN's drones.
Clearly this is due to increased consumer confidence.
Al Gore's invention Froze........Priceless!!
Cold electrons move sluggishly. You need to pour a little hot coffee into the ethernet jack or cable connector to get things moving again.
I thought everyone knew that.
I was pouring vodka into my neighbours wi-fi router to enjoy some free wi-fi for a while, only trouble it started demanding for a full bottle every Friday and having trouble connecting every Saturday morning.
Obviously, the token ring fell out, get under the desk and look for it. :>D
Consumers have been saving their disposable income in a coffee can, where it can't be tracked.
They're just lulling us into a false sense of in-security BEFORE THEY POUNCE!!1!1!
Darn, if only the drone delivery system were up and running.
It was, the blades froze and they fell out of the sky. Bullish, means new drones needed and replacement orders required. BTFATH
Fuck Barry you deaf bastard!!!! We'll spend MOAR. Just send us MOAR FUCKING FOOD STAMPS YOU STUPID FUCK!!!!
It was so cold...I saw politicians keeping their hands in their own pockets...for the first time ever!
Must have got some water into teh internet tubez...
Isn't it awesome how dismal data sends the markets in an upward frenzy.
Markets: free money > actual money
I love the sound of stampeding lemmings...
It sounds like...Victory.
Well, Winter this year did surprisingly come with the Northern Hemisphere tilted away from the Sun. You can't expect economic forcasters to anticipate this.
Proof. That not only is their cash tapped out. Now their credit balances are tapped out as well......Game over !!!
If there was ever any question that the dust bowl was just a scapegoat for the Great Depression, now you know.
Bingo! At a time when it was damn near impossible to grow any significant amount of wheat, what little wheat you could grow was essentially worth nothing. Sure as hell wasn't free market supply and demand.
B-U-L-L-I-S-H!
B-U-L-L-S-H-I-T!
People were delaying their orders to spare the poor delivery folk. Once things warm up, all those 'orders on the sidelines' will surely be placed.
Time Warner sucks. Comcast sucks worse. The NSA sucks.
I hear there is good internet access in Singapore.
The Chicago business propaganda rag had a headline yesterday that stated, "The Time-Warner, Comcast merger will be good for consumers."
I nearly choked on my food trying not to laugh and gasp at the same time.
Somebody please help me. I read the DOC data differently. It looks to me like sales were up YOY for January 2014. What am I missing?
Haven't seen YoY posted much anywhere, but then again I haven't gone looking either. But these are the MoM figures.
But of course January spend would be lower than December. I can tell you as a retailer myself, brick and mortar stores are losing out to online. Online business grew as a percent of sales at every retailer that has broken out numbers. Retail generally was down, of course. I believe it is because the consumer is tapped out. Disposable income is in decline as incomes remain flat-ish and expenses rise. But online shopping is taking share of wallet. There is just no doubt about that.
Of COURSE it froze- The innernet is just a series of TUBES!! Its fucking TUBES I tell 'ya!!
http://www.youtube.com/watch?v=R8XSo0etBC4
Al Gore's fault. He invented the internet, and knew about climate change and did nothing to prepare the 'net for it.
I think he invented the hockey stick too. That guy is just amazing.
"Cold electrons move sluggishly"
Metal is a better conductor when it's cold, so electrons in metal wires would actually move faster when cold.
I see someone drank thier brawndo this morning.. it has electrolytes
https://www.youtube.com/watch?v=g5Q-yNNu-tM
Well noted, goes in general as T(-3/2)...
Funny thing is that actual electron drift velocity is quite small, in fact, with an AC current net electron movement is zero...
It is all about the propagation of the Electric field....
And we all know what happens as you approach absolute zero...
Solar panels efficiency vs. temperature
http://www.solar-facts.com/panels/panel-efficiency.php
Effects of TemperatureThe output of a solar cell, and therefore a solar panel, is affected by its temperature. As a result the power output will be reduced by between 0.25%(amorphous cells) and 0.5%(most crystalline cells) for each degree C of temperature rise.
Panel temperatures in the summer in warm climates can easily reach 50oC resulting in a 12% reduction in output compared to the rated output at 25oC.
This reduction in efficiency may be important to you if you have a high electricity demand in the summer.
Yes, that certainly is an issue....
Physics is a truly cruel mistress, with Thermodynamics being the most unforgiving bitch of her offspring...
LMAO/Amazing.
What is even more amazing in January was a completly average month for temperature...
NCDC/NOAA US January
Admittedly, the coast-to-coast variance was extremely high....
maybe everyone was too busy on healthcare.gov
The sum total doesn't change because products are offered at an additional venue. What is bought at one venue is not bought at another. One great fraud is that the internet will raise sales through the system. All the internet does is eliminate margins.
What does this news mean for online advertising and the valuations for the advertising centric internet companies? Or does 1+1 not equal 2 when it comes to advertising dollars as well?
You have to pay for heat before junk you don't need!
Yeah but the super expensive utility bills cause the wealth effect. I'll feel wealthy if I need to pay $200 to heat my home, so I'll go out and spend more (until I file bankruptcy and lose everything).
Was it snow..den?
I see what you did there!
Too clever by half a measure...
I would have gone with Snowed In.....
Thanks! This is the kind of info that we need to fight the propagandists!
If Obama and Yellen would send me a million, I absolutely promise to spend every dime of it.
You didn't.....freeze that?
meanwhile; NQ at new highs.