This page has been archived and commenting is disabled.
One Of These Charts Is Not Like The Other
Overnight saw big demand for Treasuries with futures heavily bid during the European session as the ECB backtracked on its QE promise. That strength continues this morning as the long-end of the Treasury complex rips lower in yield - despite higher than expected inflation - as traders react reflexively to the implication that higher inflation implies less room for an un-tapering Fed and thus now implies no savior for slowing real growth. As the following chart suggests - something is amiss with cross-market expectations...
JPY carry and bonds are not as excited as stocks about growth opportunities...
As Treasury futures were well bid in the EU session...
Charts: Bloomberg
»
- 10188 reads
- Printer-friendly version
- Send to friend
- advertisements -
We gotta keep the phoney-baloney stawks up, or our phoney-baloney jobs might be in danger!
Wall Street needs muppets feeding at the trough. That are keeping the illusion going as the insiders cash out.
The "insiders cashing out" meme has been going for at least two years straight now.... I wonder if that story has any truth to it at all.
They are just holding this thing up until just after the elections
that's what i'm telling the trading desk, fonz
they're talking PPI and shit.
the FED will NOT let the illusion fade that all is well.
november bubble on the way
Until the other side of the world stops using the US dollar.
The "holding it up until 'the' election" meme has been going for many, many years now too.... just sayin'... the crash is "just around the corner!" meme is getting old -- until one day it finally happens, but it will likely happen when nobody expects it to, like the May 6th flash crash a couple of years ago. The pundits will all look in astonishment because "it's not an election year, the insiders started to buy again, and there is no reason why this market crashed".
Yeah, this "de-dollarization" meme will catch on in the rest of the world quickly while the sheeple muppets in the U.S. remain blissfully oblivious to it because "we're exceptionall"(ly) dumb fuckers!
sorry guys i was being sarcastic
Wait, Maybe you hit on something. If everything is manipulated, that means they can cause a market crash at will.
If that's the case, they will wait until after the 2016 elections when they give us some establishment Repub for POTUS.
Why crash it on a Repub? Because in theory, they represent less gov. involvement, and that idea must be extinguished.
it makes a lot of sense that a repub gets in and starts trying to cut the deficit and spending and the whole thing implodes around them. then everyone screams "why did we do that when it has become clear debt does not matter!".
then we go back to the usual ways. to me it comes back to M2 and velocity. it's why the gold bugs will remain frustrated even with this inflation data today. until the masses demand moar money for themselves the fed will try to avoid Nirp and keep the markets levitated.
Yup, I think it's all theater until the lights finally go out. The problem I see with money velocity is that we are comparing the US to other past economies that over printed. The difference is they weren't a global financial empire and couldn't export their fiat. In this case the US is the center of the financial empire and when empires fall, the provinces fall first while the middle holds strong until the last moment when it all collapses.
There would have already been a crash/correction were it not for Aunty Ponzi Munchkin peddling her printing meth.
Just like we heard all thru 2011? Just for the elections.....well there's always an election coming so then it never ends.
Insiders are collecting muppet's cash is true. Cashing out is questionable.
Did you have a chance to view this article?
http://www.zerohedge.com/news/2014-04-17/if-smart-money-selling-whos-buying
I wasn't aware that meme had been propagated for two years. Did you have a chance to view this article?
http://www.zerohedge.com/news/2014-04-17/if-smart-money-selling-whos-buying
is it a crisis?
is it a recession?
is it a depression?
HAVE NO FEAR!! SUPERGOVERNMENT IS HERE!!
Biden: "The economy isn't getting worse, it's just not getting better"
https://www.youtube.com/watch?v=lI1epo3cFH8
Lowered Expectations (about everything) = Lowerd Demand (for everything)
what does hormel stock price have to do with my job
something is going to break very, very soon.
Jesus is coming soon too.
So is Peter North
Doesn't the Antichrist come first ? Can someone fill me in on the who, what and where of that milestone?
She's already amongst us, HRC
That's a really mean insult to the Antichrist dude!
Actually it would be Gabrielle Giffords, per Revelations "I saw one of his heads as if it had been slain, and his fatal wound was healed. And the whole earth was amazed and followed after the beast". So beware the Gabrielle Gifford cometh for you.
What about Hillary Ramrod's aneuryism/stroke or whatever she had...?
"I really, really can't recall, really...."
WHAT DIFFERENCE, AT THIS POINT, DOES IT MAKE?!?!?!
(Hope the next one is a killer)
My brother had a small stroke. The specialist doctor brought in mentioned to him that his specific event was the same as what Hillary had. The doctor commented that Hillary's event was kept quiet (since Hillary may run for Prez?). I believe the doc was referring to the reported fall that Hillary had around the time of the Bengazi heardings. Until I read mention of it above, I didn;t know anyone knew about this.
Hillary's event was serious but not covered by the MSM...
http://www.hollywoodvision.com/blog/post/hillary-clintons-special-glasses-are-a-remnant-of-concussion-and-aneurysm.html
Actually, it appears Planet X comes first. Niburu is a bitch.
http://www.escapeallthesethings.com/comet-ison-nibiru.htm
yes. no.
Which one do you think fits the Anti Christ mold better, Obama or Putin?
To be honest, I think Obama does more anti christ stuff with the drones and spying nevermind taking away rights and liberties than Putin.
Aside from that, Russia invaded Georgia and was out in a few monthys, how many places has Obama's crew set up shop in?
On the one hand, this is an outrageous waste of taxpayer funds. On the gripping hand, they're still hiring so we got that going for us...
http://www.kmov.com/news/investigates/News-4-investigates-Workers-paid-t...
http://www.youtube.com/watch?v=BLKi0EWpjFI
"Tell Blythe's replacement to get on the offers in Comex!" - Jamie D.
The move in the German 10year is also pretty impressive.
Germany 10Y 1.377 1.425 1.426 1.375 -0.048 (-3.37%) 13:44:15
Glad I covered my usd/jpy long position @ 102.24 last night.
The US 10yr yield is at a critical support level. If 2.55% doesn't hold, there's a bit of support at 2.45% from July and Oct 2013, but then NOTHING until around 2.0%
Damn that flattening curve has got to hurt.
If you found a situation were Italian and American bonds shared the same YTM what would you do?
No one is stupid enough to buy this risk assett!
I bet the Fed is confused...they are tapering but inflation is going up??? It has to have them spinning...
Next comment from the Ponzi Munchkin will be "The taper isn't working.."
Taper on Ben, taper on Janet. Fed world, party time!
Just keep buying MCD, CAT, and apple pie... and don't forget the "wounded warriors"
H.15
http://www.federalreserve.gov/releases/h15/update/
http://www.bloomberg.com/news/2014-05-14/citigroup-fires-11-more-people-...
Fed is reaping a reward for ending QE and opening up room at the auction for more interested parties who feel alot better about treasuries since ending QE will cause a contraction of the money supply?
Contracting the money supply? LOL. Do you know how much it's been increased by over the last 8 years?
I cant wait for the narrative to change from don't fight the FED to don't fight the bond guys!
Well worth the watch. Dr. Paul Craig Roberts on the state of QE and the "tapering" that isn't.
http://investmentwatchblog.com/dr-paul-craig-roberts-fed-laundering-trea...
The bond bubble may out live all of us. I hope not for I so want to be around when that trade goes the other way. That turmoil will be something to behold.
"That turmoil will be something to behold." I was just thinking the same thing -- though, if we're just observing, it all seems quite boring. So without participating, realistic departure from societies/species prone to mania seems to be the only real thrill, for me at least. That is, unless this Great Bust can be viewed strictly as an opportunity. As long as we're stuck here (dimension-wise) then knowledge of the inevitable future of this lead balloon, however blasphemous/radical/unpatriotic/unpopular/etc it may seem, is the only power you have to potentially vault into a new reality. For now it's just *speculative, right? So investing in physical precious metals, sustainable food/energy processes, environmental integrity, artisan-style vocation -- all a bit too risky? Yea, as my ex employer might say similarly about the merits of owning gold in a portfolio: But how do I value it? Ma·ni·a [mey-nee-uh, meyn-yuh]noun; an ancient Roman goddess of the dead
Explaining as a tool I should mention the recent Tv meme about EVERYONE DROVE YIELDS DOWN BY JUMPING FROM STOCKS earlier in the year cause of maybe? THE WEATHER see u soon at WM. What a load Tv spins!