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GDP Disaster Sparks Bond & Bullion Bid But Stocks Shrug

Tyler Durden's picture




 

Stocks jerked higher on the ADP beat and dumped on the GDP miss to end approximately unchanged from pre-data levels but bonds and bullion are well bid (for now) ahead of the FOMC.

 

 

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Wed, 04/30/2014 - 09:19 | 4711543 svayambhu108
svayambhu108's picture

Can this be in percents so we can se how little are supposed to how they should be ?

Wed, 04/30/2014 - 09:20 | 4711548 Occident Mortal
Occident Mortal's picture

So green is up or down, ADP or GDP, beat or miss???

Wed, 04/30/2014 - 09:18 | 4711544 The Shootist
The Shootist's picture

And nobody cares? Need moar DOWbell!

Wed, 04/30/2014 - 09:34 | 4711630 rqb1
rqb1's picture

And silver got f*cked

Wed, 04/30/2014 - 12:33 | 4712516 Puncher75
Puncher75's picture

Buy more.  I am.

Wed, 04/30/2014 - 09:19 | 4711545 GFORCE
GFORCE's picture

We'll see what happens when the volume comes in at the open. Add 1 more unknown to Fed/Russia/valuations etc.

Sell in May?

Wed, 04/30/2014 - 09:40 | 4711653 valley chick
valley chick's picture

BUY! BUY! BUY!

Wed, 04/30/2014 - 09:19 | 4711546 BullyBearish
BullyBearish's picture

Financial Engineering...unsustainable

Wed, 04/30/2014 - 09:20 | 4711553 casaananda
casaananda's picture

Fuck this. Gold and silver are DOWN. Hardly what I would call well bid. The dollar is way down, too. Does this make any goddamn sense. Nooooo

Wed, 04/30/2014 - 09:21 | 4711562 Xibalba
Xibalba's picture

Stop looking at the rigged price and count your ounces

Wed, 04/30/2014 - 09:21 | 4711557 GrinandBearit
GrinandBearit's picture

A complete shit show.

Wed, 04/30/2014 - 09:21 | 4711559 the not so migh...
the not so mighty maximiza's picture

Belgium to the rescue!!!!!!!!

Wed, 04/30/2014 - 09:22 | 4711568 Seasmoke
Seasmoke's picture

Those are some fucked up manipulated charts. 

Wed, 04/30/2014 - 09:29 | 4711603 negative rates
negative rates's picture

Tell us something we don't know.

Wed, 04/30/2014 - 09:25 | 4711586 agstacks
agstacks's picture

Just traded a bunch of FRNs for some money..

Wed, 04/30/2014 - 09:30 | 4711609 negative rates
negative rates's picture

Do you take cash?

Wed, 04/30/2014 - 09:33 | 4711627 agstacks
agstacks's picture

I accept it from my employer becuase I have to, but I convert my extra currency into money each month. 

Wed, 04/30/2014 - 09:31 | 4711616 valley chick
valley chick's picture

All that matters today is the FOMC.

Wed, 04/30/2014 - 09:35 | 4711632 casaananda
casaananda's picture

Jeez, would not you just love to see Gold up $100 today!!! It damn well ought to be.

 

Wed, 04/30/2014 - 09:49 | 4711707 firstdivision
firstdivision's picture

All the market cares about is the next POMO fix, with little attention paid to funnndermentals

Wed, 04/30/2014 - 10:16 | 4711837 greatbeard
greatbeard's picture

Pretty simple, this is economic war. China and Russia like gold.  The 1% and the Corporate shit bags like free money and stocks.  Not hard to see which side our governement and the fed are on.  It's a long war that will probably go on longer than my life, but I'm not going to change sides.  I'm not sided up with the chinks or the rooskies, but I'll be GDed if I'll give aid and comfort to the other shit bags.

Wed, 04/30/2014 - 10:55 | 4712011 takla
takla's picture

At some point youd think the Fed{up} and the west would try to stop the bleed in Au from west to east,instead they make it cheaper for them to accumulate...somethings wrong with this picture

Wed, 04/30/2014 - 14:09 | 4712952 Saltaire
Saltaire's picture

How much currency is spent daily to hold PM down? And despite a falling $.

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