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Guess What Happens Next?
Now where have we seen this before? Who could have guessed that the weather-induced rebound exuberance would be slowly but surely reduced? US Economic Forecasting - where New Year's hopes go to die...
It's like deja-vu all over again, again...
h/t@Not_Jim_Cramer
Between the IMF proclaiming US growth will be below trend 2% for years and the bond market's implied forwards, it seems the Fed's meme that growth is back bitches (and thus you are all ok on your own without our constant money printing) appears to be breaking bad.
And then there's this...
- *TREASURY'S RASKIN SAYS U.S. ECONOMY IS DOING BETTER
- *RASKIN SAYS `THINGS LOOKING GOOD' FOR U.S. ECONOMY
Now look at the chart above again!!
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The term forward guidence is spot on, as it is them trying to guide the economy. Too bad it went over the cliff years ago and the only guiding they are doing is down.
It is one thing to drive off the cliff blind folded. It is another to lie to everyone on the bus and say it is going to be O.K! And another all together to be on the bus listening to and beleiving the liars in the first place.
This guy Raskin is one happy-ass motherfunker, isn't he?
Hockey Sticks En Regailia
Well said.
The dope in DC is primo. Grade A chit.
BULLISH!
PRINT YOU NASTY, LYING MOTHERFUCKERS...PRINT....STEAL..THINK UP MONEY....BACK HAND THE MARKET...RIG IT MOAR...
BLOAT MY LONG SIDE...I'LL SCALP PROFITS LIKE I HAVE FOR NEARLY 4 YEARS....
BUY...BUY....FUCKING BUY
What happens next?? Are they asking for serious??
I'll tell you what happens next. The S&P grabs another 50-100 handles by year end, that's what.
Market returns have NEVER had a strong correlation to economic growth rates. In todays world, the correlation is probably NEGATIVE.
positive economic #'s never benefit wallstreet. good economies indicate job growth. its actually quite counterintuitive.
Where do we go from here?
More bankruptcies, stagnant wages, illegal immigrants, GM screw-ups, negative GDP, and moar wars to stimulate grote. You will have to go to the Museum of Natural History, Antiquities Section, to see what a Middle Class Sheeple used to look like before they disappeared from merika...next to the other extinct animals.
Add a sovreign debt crisis on top of that
Mushrooms contain virtually no salt.
Best laugh of the day, so far anyway.
motherfucking depression. all hands on deck. to the printers! excelsior!
Stocks rise?
I wish I could make a levered short on the Fed's US GDP forecast....
The Propaganda Ministry is hard at work misleading everyone, including both the public and Wall St, to accept the doctrine that "all is well". It's only "well" in the bubble factory!
at this point, either stocks or bonds crumble. higher rates or much lower stock prices. the fed gets to pick its poison. pretty sure either of these options is murder for the green shoots.
The personal lives and friends networks of these economists probably is doing very well, as they are all fully paid up members of the scam. It is what is outside that is doing badly, but they will never see it from inside their private bubble universes.
over lay the GDP with a chart showing the weath and power of those pulling the strings and you will have your answer
US economy now okey dokey! YAY!
<= more green shoots
<= more red shoots
Do I even need to ask here?
Sounds like well organized entity with board meetings, conference calls, forward guidance and road shows.
What happens next? ES 2000 on Amazon 3D phone, taper, and the recovery unicorn. Shorts should get ready for another Kev'Henry reaming at 2pm.
I hear the recovery unicorn shoots Skittles out his ass!!! Way cool!!
The economy for the top 20% (or so) is doing great. Not sure why we keep blending the Trash Class economy with Elysium Class & Elysium Support Class economy. The Trash Class hasn't mattered for decades now, except as debt serfs and cannon-fodder.
Does VIX and Hedge Funds give a shit about a potential explosion of volatility right now? Fuck no. Every cockroach knows that Kev' and Belgium got us covered till EOQ.
FOMC rate in about 2 hours.
Negative GDP is bullish. 50M Food stampers - that's bullish. Record low job participation rate - bullish again. Over 50% American homeowners can't afford - bullish bullish.
FOMC is the last marble to drop - how about some all time highs again?? hmmm????
It is all champagne, canapes, chunky Richard Mille watches, blow and dancing girls at your regional Fed reception hall until somebody loses an eye.
Guess what happens next?
We all by moar stox?
Hey...I think I'm starting to get it now...
It isn't about what's happening in the so-called 'real world'. It's about your PERCEPTIONS. It's like that old saying, "If you can dream it, you can DO it!"
External realities? Ha! Only an old-school reactionary would be worried about THOSE. This is the New Age, folks, and the old rules no longer apply...
So, in looking over my own finances, I see where the problems are...It appears I have two columns of figures, one for 'incoming' and one for 'outgoing'. The refusal of those two sets of figures to match-up has given me fits for a long time. But I was going about this whole thing wrong...why SHOULD they match up when I organize them the way I have been? Obviously, I need to rejuggle those figures...
So, I've just removed my mortgage payment from the 'outgoing' column, and placed it into a new, third column marked 'Projected Future Liabilities'. Being "future" liabilities, I can ignore them for now and use the money to increase my monthly disposeable income. This will allow me to borrow more money from my bank, who now sees me as a good risk because of my lower monthly expenses. I can use the money to buy stocks and pocket the profits. Then, when the shit hits the fan, I can quit my position as CEO of my household, take my profits (and a healthy 'golden parachute') and go on to become CEO of one of my neighbors households...rinse and repeat.
It's the American way.
Its a underground economy!! No body really knows its improoving.Yeah!
Didn't think Raskins were allowed any more in DC ???!!!
What happens next?
Good propagandists always repeat the message until it sticks
like mud on a white shirt. If one throws enough mud around eventually the waters get muddied enough for the confidence game to proceed with caution. Expect more 'good news' from Wall Street and the shills that shill for it.
BTW....BlackBerry is doing fine lately don't ya know. Now expect
a very large sale of BlackBerry shares, next.