"X" Marks The "Irrational" Spot

Tyler Durden's picture

Fed's Williams recently warned of "irrational" investors getting "carried away" by "assuming a pattern (rising stocks) will persist." If financial stability is really the Fed's concern then one look at the chart below shows they have totally and utterly failed...


h/t @Not_Jim_Cramer


Looks like someone is getting carried away?

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Winston Churchill's picture

X marks the spot, can I have my pot of gold now ?

disabledvet's picture

Yeah...no shit. "No problem of ego going on here!"

"American Media." Death of a nation.

Oh, and "ignore all that debt creation too! Just like gold it's value is just a figment of your collective delusion!"

Beam Me Up Scotty's picture

I'd rather look for the g-spot!! If I am out looking for spots!

disabledvet's picture

"God bless the child that's got his own."

slotmouth's picture

Lavorgna is an x-ray visionary.

JR's picture

Dave Brat: Issues

Federal Reserve
I support a full audit of the Federal Reserve System.


JuliaS's picture

We're about to discover just how many hotel maids this guy got to rape after visiting the Bundy ranch.

Pure Evil's picture

Oh my gawd!

I hope he doesn't start talking about gold and silver as real money.

disabledvet's picture

Or "a bond market bubble."

khakuda's picture

Hahahaha.  Shut up Williams, you fool, everyone knows you guys won't let the market go down more than 10%.

Now be a good bitch and go promise us 4 more years of free money like Mario just did.  Don't make us have to lobotimize you like we did to Kocherlakota, Evans and the rest.  Hell, look at what we did to Krugman.  Poor guys eyes are almost popping out of his head as he babbles insanity.

Porous Horace's picture

Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.

Carpenter1's picture

Time stamped comment

Sounds like every other comment made before a fall, when everything seemed invincible.

zipit's picture

I assume he was being sarcastic, channeling whatever CNBC pundit or Alan Greenspan or whoever it was that made about the same statemet before the Dot-com Bubble popped.

MountainsRoam's picture

Why are we not burning the Federal Reserve to the ground??

Carpenter1's picture

There's not enough of us yet,

It's coming, and I'll be at the front of the knives and pitchforks crowd, with some automatic weapons too of course. Burn it down, only after barring all doors and windows so not one employee gets out.
Not even the janitor, he's a sell out as much as any of them.

headhunt's picture

No one is ever really hungry, they keep the animals well fed and let them out on their leash often enough people imagine they are free.

All revolution has come when people are actually hungry - for food or freedom.

AdvancingTime's picture

 What do stock markets around the world have in common with "girls gone wild" the video of college girls on spring break? The answer is both are crazy out of control. We have grown very complacent as money around the world has continued to flow into intangibles and promises.

Currently the market is all a twitter and locked in a "greed and stupidity loop." The loop can be explained as follows, stocks are rising so why get out, not getting out is causing the stocks to rise. When stocks do pullback it is a buying opportunity. Yes, we are indeed experiencing a double down and let it ride mentality. I don't have to explain the greed part. More about this subject in the article below.