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Is Jay Carney The New Tom Stolper?

Tyler Durden's picture




 

With Goldman's Thomas Stolper having gone the way of JPMorgan's Tom Lee, we thought it worth tracking the performance of the other market "seer" that reared his ugly head recently. Since the Crimea Referendum, Russian stocks are up over 16% (greatly outperforming US) but as investors began their great rotation back into EM, The White House's Jay Carney issued a "strong sell" recommendation on Russian stocks... since his suggestion, Russian stocks have risen over 6%...

 

 

Chart: Bloomberg

 

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Tue, 04/01/2014 - 17:15 | 4615111 RacerX
RacerX's picture

I think even Carney doesn't believe the lies anymore.

Tue, 04/01/2014 - 17:16 | 4615118 kliguy38
kliguy38's picture

then that makes him a Wall Street analyst.........maybe he'll replace Kudlow

Tue, 04/01/2014 - 17:20 | 4615125 RacerX
RacerX's picture

Good point. There's probably a nice office at 200 West for when he's "ready to make a move".

Tue, 04/01/2014 - 17:22 | 4615128 gmrpeabody
gmrpeabody's picture

Jay should stick with stuff he knows and understands, like..., nevermind.

Tue, 04/01/2014 - 17:28 | 4615150 Rainman
Rainman's picture

Like sticking his nose up Oblameo's arse ?

Tue, 04/01/2014 - 17:30 | 4615152 flacon
flacon's picture

Like operating a carnival. Get it? Carney (a person who runs a carnival). It's the White House carnival.

Tue, 04/01/2014 - 17:49 | 4615213 knukles
knukles's picture

Just wait till Carney's out of a job and goes to run Kashkarian's California Governor's election race.  He'll really shine there!

Tue, 04/01/2014 - 18:42 | 4615322 quasimodo
quasimodo's picture

That fuck is actually running for moon beams job?

Tue, 04/01/2014 - 20:25 | 4615599 smlbizman
smlbizman's picture

speaking of cunts.....

Tue, 04/01/2014 - 17:24 | 4615135 TideFighter
TideFighter's picture

Trading Firm: Cramer & Carney, LLC

You like MyRA?

Tue, 04/01/2014 - 17:24 | 4615136 Snidley Whipsnae
Snidley Whipsnae's picture
Fed apologizes for 100 years of destroying the dollar

In an absolutely astounding announcement today, Janet Yellen made a stern and heartfelt apology for 100 years of asset bubbles, depressions, recessions, panics, banking crises, and all-around inflation caused by the Federal Reserve.

Flanked on both sides by former Fed Chairmen Ben Bernanke, Alan Greenspan, and Paul Volker, Ms. Yellen stated emotionally, “As grand wizards of the financial system, we must accept full responsibility for the consequences that our decisions have had on the lives of ordinary people around the world…”

“Frankly,” Ms. Yellen continued, “I can’t believe in this day and age that total control of the money supply is awarded to a tiny handful of unelected central bankers. It is a most undemocratic system and should be abolished immediately.”

Well… a man can certainly dream. Happy April Fool’s Day.

http://www.sovereignman.com/finance/fed-apologizes-for-100-years-of-dest...

Tue, 04/01/2014 - 17:56 | 4615226 RSloane
RSloane's picture

Carney is a true believer. He would go to the matresses for Obama or Biden. He, of course, is always telling the truth because its uttered from his mouth. All sociopaths are like that.

Tue, 04/01/2014 - 17:21 | 4615126 Hongcha
Hongcha's picture

1. Russia will not back away from what they have already taken; but they won't take any more

2. Our sanctions will have no effect;

3. This whole thing will blow over soon.

Tue, 04/01/2014 - 17:26 | 4615137 MillionDollarBoner_
MillionDollarBoner_'s picture

1) Correct. Take what you can, then consolidate.

2) Correct. In an ageing empire, as in an ageing body, the spirit is willing but the flesh is weak.

3) Correct. All over bar the shouting.

Tue, 04/01/2014 - 17:21 | 4615129 drendebe10
drendebe10's picture

hahahahahaha..... Carney is a real carney barker....

Tue, 04/01/2014 - 17:25 | 4615142 Colonel Klink
Colonel Klink's picture

Carney is the pefect name for the spokesman of this circus of an administration.

Tue, 04/01/2014 - 17:26 | 4615144 Major Major Major
Major Major Major's picture

Only two things scare me and one is nuclear war

 

https://www.youtube.com/watch?v=GlSKaDzbQN0

Tue, 04/01/2014 - 17:27 | 4615147 Carl Popper
Carl Popper's picture

I have been Carneyed out of more short positions than I care to remember.

Tue, 04/01/2014 - 17:40 | 4615181 DrData02
DrData02's picture

Carney just repeats whatever lies he is told to repeat.  He may not even HAVE a brain.  He certainly doesn't seem to. 

Tue, 04/01/2014 - 18:32 | 4615308 B2u
B2u's picture

but at least people can obtain affordable health care at $100 a day....because Carney said so...

Tue, 04/01/2014 - 18:50 | 4615337 disabledvet
disabledvet's picture

he said "short Russia's market"...hopefully with leverage.

Tue, 04/01/2014 - 20:51 | 4615685 Coldfire
Coldfire's picture

Fool.

Wed, 04/02/2014 - 02:17 | 4616299 jmcoombs
jmcoombs's picture

When I see him all I can think of is Baghdad bob.

Wed, 04/02/2014 - 03:31 | 4616374 kurt
kurt's picture

Is the next Dick Petrovich the next Paul Smucker?

Wed, 04/02/2014 - 08:59 | 4616806 Rodders75
Rodders75's picture

Ahem, Carney's right today...

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