The economic cost of treating one Ebola patient, along with the number of personnel & resources necessary, is ENORMOUS.
Now, imagine dealing with hundreds or thousands of suspected cases.
Now, imagine dealing with hundreds or thousands of actual cases.
Now, imagine any/all the above scenarios at a time when frontline medical personnel such as nurses seek to minimize their exposure b/c they know they're not being provided adequate prophylactic measures and do not want to expose their own families, children and neighbors.
- There's been one nurse infected within the U.S. and already mass nurse protests are emerging.
It's going to crash the system. The system would have had to have been revamped a decade ago to properly prepare for a situation such as this if containment was the goal.
And still the inbound flights from Ebola hot zones come in daily, 150 to 200 per day.
It feels like someone spun the dial and hit the button on the infinite improbability drive... We have gone too far, too soon, too fast, we are now in the land where nothing is funny...
Head of nurses union brings economic problem of EBOLA to bear.
It is quite unbelievable that the nurses are the ones, not the economists, not the CNBC talking heads, nor Congress or the White House that bring the economic problem that EBOLA creates to the USA health care system to the front of the MSM.
The USA system is just not prepared for a massive solidarity effort that has society as its beneficiary. It never has been, and it will be extremely difficult to get there. Most Hospitals and Doctors are Profit Centers with all its implications.
EBOLA requires solidarity. And the who will bear the cost of the effort is paralizing the effort itself. The CDC has failed in its fiduciary duty towards society to get the economic side sorted out ahead of the first case in the USA and that poor girl (the nurse affected with EBOLA) is suffering because of their failure. Sadly now you need to believe that everything you will see will be a circus of management the political fallout of a failure FEMA style of historic proportions.
Having the best health care system in the world will not help you if you can not quickly adapt it to Society's need and take it away from profiteers needs.
How to do that? After the dance already started, very, very difficult. But all of our fates are at play
Obama is guilty of misfeasance and malfeasance in office. He is a criminal.
We have reached the point where we tell the Black Racists who support him to go to He11. We tell the Hispanic Racists, the Gay Mafia, the Obamabots, the MSM, and the Hollywood celebrities, to do the same.
We show up at our congressional delegations Town Hals - and their offices in their districts and if we have to - we sit in until the pressure can't be resisted.
If they can mobilize in Hong Kong - we can mobilize to save our lives, the lives of our children, grandchildren, extended family, and the rest of humanity in America.
This transcends politics - this is a genuine life or death crisis. Obama must be removed from office because he is insane - literally - with desire to import all the illegals he can get over the border and use them to open the door to Death in America.
Obama must go. He is aiding and abetting mass homicide in America through insane policies concerning an open invasion of illegals carrying not just this, but God knows what other diseases.
Black Racists, Hispanic Racists (especially the ultra-racist La Raza), gay heterophobic hate-speakers, MSM propagandists, political hacks, air-for-brains cops, kiss-up military flag officers . . . it's over for Obama. Move out of the way, or watch society overwhelm you.
Get rid of him peacefully, or be prepared to see America erupt into a blazing fire of violence against *you* for trying to keep him around. -30-
agree somewhat -but he is a puppet. No real power. His handlers call the shot as they do the bidding of the shadow government which rules for the real masters. Why is this reality so difficult to understand? Or to accept as real? There are 300 million sheeple in Amerika who will never get it.
And.... who the fuck is going to "replace" the Commander in Chief? McCain? Jeb Bush? Rand Paul? Bernie Sanders in the least worse case?
Face it... the neo-liberal policies of privatising everything have gutted the healthcare system. With Obamacare as a cherry on top. Commodifying it, to the point it's a pharma money machine has made it vulnerable, to the point of it no longer functioning properly. There's CDC officials saying (from official capacity) there could've been plenty of vaccine doses available now if it wasn't for the lack of funding. Which is amazing, given the size of the biotech militairy industry. It is indeed an existential crisis.
There's republican politicians saying no money must be spent on the Ebola issue because it's directed towards Africa. Which means the guy just wants a piece of the action, and will sabotage the response of the US gov. to contain it, in order to get it. It's the system that's broken, not (just) the President as a person. People in general have to stop thinking in "political persons" to even appreciate the size of the problem.
Agreed. This looks like wave 3 - which is often the nastiest. If this conforms, wave 4 will be the false "all clear". I am still calling for that bounce to 1960. I am NOT going to trade it, I just expect it.
I am typically a healthy person. Sick maybe once to miss work every five years.
Since Friday I haven't been able to eat and keep anything down. I went to the ER and figured they would care that I've been throwing up and shitting blood.
IIt's NeOrleans so maybe it's expected, but I've been here for five hours just waiting. This place is so inept that they would never be able to handle a real outbreak like Ebola. Not to mention the expected and understandable attrition of the medical providers when something appears to be out of control.
ISIS terrorists entered the country last week with several paint cans filled with the liquefied sludge remains of ebola victims from Liberia. They proceeded to smear the sludge all over public handrails and doorknobs, etc.
They didn't know that the CIA started doing the same thing, only about 2 days earlier.
So, thousands of us will start feeling sick all across the country over the next few days.
Bwahahahahahahahahha!!!
You know you're really sick when you start bleeding from your man-tits.
Let: X = ([1-Probability of Ebola outbreak]*[Projected Economic Costs & Benefits of Containment]) - ([Probability of Ebola outbreak]*[Sum of Projected Economic Costs & Benefits of Outbreak] + Actual Costs of Resources Invested)
X < 0 => Ebola containment not a viable option. Containment viable for all other real values of X.
Suggested improvements: Factor in the time value of money based on stochastic interest rate models and projected inflation.
Can I please have my nobel prize in Economics now Dr. Krugman, or would you suggest moar QE?
+100 Brilliant Broseph. Probably the first and last time i see applied econometrics and Ebola in the same post...... because that is exactly what it will boil down to. .... benefit cost under uncertainty.
Wholly intentional. IMHO, the timing of this Ebola thing is WAY too neat to be coincidental, and the absolutely pathetic response by our political elites and the health establishment is very telling. While they likely don't want it to spiral out of control, their behavior certainly indicates that they don't mind a little public hysteria to take advantage of...
A crash has been in the cards for a good long time... reality simply can't be ignored forever. I believe that a worldwide Ebola outbreak will be used as the cover story for the coming global economic apocalypse. Gird your loins, bitchez!
1 dead (TSA Approved) Ebola traveler = one sick nurse. That is a disappointing exchange rate. With these CDC "protocols" we are going to run out of health care professionals pretty quick!
LOL at people thinking that the Fed would ever raise rates again. This "sell-off" is clearly a warning to the Fed that they better play ball or the oligarchs will destroy their market.
Let me get this straight. Russia is very dependent on oil prices as an export and to fill their coffers with money.
In 2008 they invaded Georgia and really ticked off the West. If you remember, oil quickly fell to around $45 from record high prices.
Fast forward to 2014, USA, Europe, UK are at Russia's throat over their continued intervention in the Ukraine. Oil is once again falling like a rock.
Now oil is taking the stock market down for ride.. We don't know how this ends but if Russia and the Western Powers stop their proxy war in Ukraine one would expect oil to shoot right back above $100 or $120. Seems like a simple play but this time Russia seems to hold a spade card with China?
Disclosure: I'm long paper, ink, tungsten and any company that manufactures printers.
Silly Hedgers...All you have to do is turn the chart upside down and move a few dots and the bar and it is a nice smiley face...next we need a chart of fluffy bunnies.
That ass is aimed at you, dude. Didn't you get the memo about target advertising on the internets? Clearly, you watch alot of hot women on that computer...
Ever sat in a nice warm moist smelly airline seat or at the staging area ?
Tomorrow the airlines might shut down for 21 days and burn-up all their foam seats...to be replaced by stainless steel benches, and disposable seat protectors on the planes.
Me thinks its backwards, greed is driving the market right now. All the suckers assuming its going to turn on a dime and close the year at 2200. May still happen with a little fed magic
if it were fear driving this thing the drops would be 15%ers not 1.5%ers.....
The quicker we get to the reset the better, so yes, I am rooting for the inevitable collapse to come sooner rather than later.
CapEx went bye-bye years ago, and quite a bit of the faux earnings growth was due to headcount reduction already. They're running on empty. It may be more like say hello to liquidations/divestiture.
i'm sure a lot of calls being made to brokers ... i expect a lot of hang in there talk ... no broker is going to recommend SELL (unless everyone else saying sell) lest tomorrow/next week sees rally (fueled by FR speculation) ... (not many) brokers going out on a limb on own ... don't be the loose nail
We are just seeing what happens in the markets when the Central Banks pull their support. It is almost as if they are testing the waters to see if there is any other support there besides theirs. 'Ooops, dropped 200 points in 30 minutes; we had better reestablish support.'
The usdjpy plowed through the 107.00 handle, and isn't bouncing. That's significant area of support. The trendline from August 8th 101.50 area, runs through the 106.80 area.
It should be interesting to see how the Tokyo fix plays out.
I really don't give a shit...i have nothing - NOTHING - 'invested' in this fucking 'market'. I hope it dies soon and takes all the shitty jobs (whatever's left of them) alongwith it. When nobody's working, everybody's free to work on what they like - now that would be fucking AMAZING.
Q: "There is so much misunderstanding about the market right now. What do you think, Steven, people most misunderstand?"
A: "I think they confuse the economy with the market. And earlier I got talking about the bubble in treasuries. It's not the same thing as the national debt. So, take a breath, go back, look at the fundamentals and you will understand where the cycle is or the economy is. You won't understand valuations because valuations are ultimately very important and what you're talking about Kenny on momentum - ehm - how do shorter term dynamics effect but if you put those three together that gives you a medium to shorter term ability to navigate some choppy water".
It looks like ENGLISH, and I can read the words plainly, but it reminds me of Alan Geenspan's blabber, it could easily be some foreign language- I have no idea what he's saying!
But seriously, if you went back to 1982 with low bonds and low stocks, you still can't make a case to sell stocks- the top 100 of S&P 500 yield more than the 30yr Tbond in dividends.
I hate these kinds of posts...I click on to read the story, and it's just a picture or graphic, with a comment or two. That's it...
I like WORDS! Wanna read WORDS! Not just look at the pictures!
Seriously, someone actually made this little graphic of a meter, in red and green, with the needle allllll the way over to RED! to represent the Fear and Greed in the market. How much more interesting it would have been to read an article discussing this in detail...Who is fearful? Who is greedy? Why? What do they say when you interview them? (Oh, sorry, you can't interview a graphic...)
It's an interesting topic...a good writer could have done so much more with this material...just sayin'...
When indicators are very oversold, btfd mentality is still present with retail traders, that´s when the big drops can happen. https://www.tradingview.com/x/6sfEG6bL/
I aint never scared
You ever see a pack of lions create fear in the zebra herd that they are chasing?
In the chaos ...somone gets a zebra steak dinner.
Thing here is theres no real zebras left....just promises of zebras.
RIPS
THEN WHAT AM I CHASING?!
The system is going to crash. Watch.
The economic cost of treating one Ebola patient, along with the number of personnel & resources necessary, is ENORMOUS.
Now, imagine dealing with hundreds or thousands of suspected cases.
Now, imagine dealing with hundreds or thousands of actual cases.
Now, imagine any/all the above scenarios at a time when frontline medical personnel such as nurses seek to minimize their exposure b/c they know they're not being provided adequate prophylactic measures and do not want to expose their own families, children and neighbors.
- There's been one nurse infected within the U.S. and already mass nurse protests are emerging.
It's going to crash the system. The system would have had to have been revamped a decade ago to properly prepare for a situation such as this if containment was the goal.
And still the inbound flights from Ebola hot zones come in daily, 150 to 200 per day.
Intentional? Incompetence?
You decide.
There's no question in my mind it crashes, but it still feels like this is too early to me.
The groundwork has definitely been laid, however.
The elections are a tough call. Whether it crashes or not may be an indicator of which statist flavor we get (they prefer) this time around.
Did everyone remember to bring a towel ?
"This one goes to eleven."
Oh, yeah?
Well, this one starts at Zero...
It feels like someone spun the dial and hit the button on the infinite improbability drive... We have gone too far, too soon, too fast, we are now in the land where nothing is funny...
that's funnie
not.....
There will be Martial Law and therefore no presidential elections
Edward Quince said there be days like this. Actually, no he didn't.
"Be fearful when others are greedy and greedy when others are fearful."
"Buy when there's blood in the streets."
Head of nurses union brings economic problem of EBOLA to bear.
It is quite unbelievable that the nurses are the ones, not the economists, not the CNBC talking heads, nor Congress or the White House that bring the economic problem that EBOLA creates to the USA health care system to the front of the MSM.
The USA system is just not prepared for a massive solidarity effort that has society as its beneficiary. It never has been, and it will be extremely difficult to get there. Most Hospitals and Doctors are Profit Centers with all its implications.
EBOLA requires solidarity. And the who will bear the cost of the effort is paralizing the effort itself. The CDC has failed in its fiduciary duty towards society to get the economic side sorted out ahead of the first case in the USA and that poor girl (the nurse affected with EBOLA) is suffering because of their failure. Sadly now you need to believe that everything you will see will be a circus of management the political fallout of a failure FEMA style of historic proportions.
Having the best health care system in the world will not help you if you can not quickly adapt it to Society's need and take it away from profiteers needs.
How to do that? After the dance already started, very, very difficult. But all of our fates are at play
Everyone is scared and all who wanted to sell did so. Expect a massive rebound before the true crash strikes! Big boys will laugh again. Disgusting.
Does that make Janet "MRS. Quince" ?
Not a fan of Robin Williams I see... Some people get it, some don't...
Obama is guilty of misfeasance and malfeasance in office. He is a criminal.
We have reached the point where we tell the Black Racists who support him to go to He11. We tell the Hispanic Racists, the Gay Mafia, the Obamabots, the MSM, and the Hollywood celebrities, to do the same.
We show up at our congressional delegations Town Hals - and their offices in their districts and if we have to - we sit in until the pressure can't be resisted.
If they can mobilize in Hong Kong - we can mobilize to save our lives, the lives of our children, grandchildren, extended family, and the rest of humanity in America.
This transcends politics - this is a genuine life or death crisis. Obama must be removed from office because he is insane - literally - with desire to import all the illegals he can get over the border and use them to open the door to Death in America.
Obama must go. He is aiding and abetting mass homicide in America through insane policies concerning an open invasion of illegals carrying not just this, but God knows what other diseases.
Black Racists, Hispanic Racists (especially the ultra-racist La Raza), gay heterophobic hate-speakers, MSM propagandists, political hacks, air-for-brains cops, kiss-up military flag officers . . . it's over for Obama. Move out of the way, or watch society overwhelm you.
Get rid of him peacefully, or be prepared to see America erupt into a blazing fire of violence against *you* for trying to keep him around.
-30-
Curious why you write hell as he11? Do you think writing the word hell puts you at some sort of risk.
Cramer isn't scared. So the assfucking will continue.
+1000
agree somewhat -but he is a puppet. No real power. His handlers call the shot as they do the bidding of the shadow government which rules for the real masters. Why is this reality so difficult to understand? Or to accept as real? There are 300 million sheeple in Amerika who will never get it.
And.... who the fuck is going to "replace" the Commander in Chief?
McCain? Jeb Bush? Rand Paul?
Bernie Sanders in the least worse case?
Face it... the neo-liberal policies of privatising everything have gutted the healthcare system. With Obamacare as a cherry on top.
Commodifying it, to the point it's a pharma money machine has made it vulnerable, to the point of it no longer functioning properly.
There's CDC officials saying (from official capacity) there could've been plenty of vaccine doses available now if it wasn't for the lack of funding. Which is amazing, given the size of the biotech militairy industry.
It is indeed an existential crisis.
There's republican politicians saying no money must be spent on the Ebola issue because it's directed towards Africa.
Which means the guy just wants a piece of the action, and will sabotage the response of the US gov. to contain it, in order to get it.
It's the system that's broken, not (just) the President as a person.
People in general have to stop thinking in "political persons" to even appreciate the size of the problem.
"Cause when you need that extra push off the cliff..."
Yup, that meter be pegged! Question is, does it go below zero, and just what would that indicate?
Bitcoin up almost 3% today.
Just sayin...
A new great rotation...
I brought my Spiderman towel.
I thought this turd was on the verge for the last 6 months. But I too will be surprised if it actually happens now.
Agreed. This looks like wave 3 - which is often the nastiest. If this conforms, wave 4 will be the false "all clear". I am still calling for that bounce to 1960. I am NOT going to trade it, I just expect it.
You got your 1870 right here. U may be correct. Aw shit, you got to at least take a little shot...
I am typically a healthy person. Sick maybe once to miss work every five years.
Since Friday I haven't been able to eat and keep anything down. I went to the ER and figured they would care that I've been throwing up and shitting blood.
IIt's NeOrleans so maybe it's expected, but I've been here for five hours just waiting. This place is so inept that they would never be able to handle a real outbreak like Ebola. Not to mention the expected and understandable attrition of the medical providers when something appears to be out of control.
Maybe you have ebola.
Your HMO won't pay for it, because they consider Ebola to be a pre-existing condition.
Rumor out that Obama is going to sign an Executive Order mandating that health care workers must treat & cure Ebola for free.
Under the new terminal EbolaCare plan.
ISIS terrorists entered the country last week with several paint cans filled with the liquefied sludge remains of ebola victims from Liberia. They proceeded to smear the sludge all over public handrails and doorknobs, etc.
They didn't know that the CIA started doing the same thing, only about 2 days earlier.
So, thousands of us will start feeling sick all across the country over the next few days.
Bwahahahahahahahahha!!!
You know you're really sick when you start bleeding from your man-tits.
The recovery was progressing nicely until this came along. Too bad. We had almost completely recovered. \s
Here you go...
Let:
X = ([1-Probability of Ebola outbreak]*[Projected Economic Costs & Benefits of Containment]) - ([Probability of Ebola outbreak]*[Sum of Projected Economic Costs & Benefits of Outbreak] + Actual Costs of Resources Invested)
X < 0 => Ebola containment not a viable option. Containment viable for all other real values of X.
Suggested improvements: Factor in the time value of money based on stochastic interest rate models and projected inflation.
Can I please have my nobel prize in Economics now Dr. Krugman, or would you suggest moar QE?
+100 Brilliant Broseph. Probably the first and last time i see applied econometrics and Ebola in the same post...... because that is exactly what it will boil down to. .... benefit cost under uncertainty.
Does anyone REALLY doubt that it's intentional?
You make Ebola sound bullish.
Maybe if they can re-brand it as "eBola" or "iBola" there might be an .com bump up in the NASDAQ. /sarc
intentional
Wholly intentional. IMHO, the timing of this Ebola thing is WAY too neat to be coincidental, and the absolutely pathetic response by our political elites and the health establishment is very telling. While they likely don't want it to spiral out of control, their behavior certainly indicates that they don't mind a little public hysteria to take advantage of...
A crash has been in the cards for a good long time... reality simply can't be ignored forever. I believe that a worldwide Ebola outbreak will be used as the cover story for the coming global economic apocalypse. Gird your loins, bitchez!
1 dead (TSA Approved) Ebola traveler = one sick nurse. That is a disappointing exchange rate. With these CDC "protocols" we are going to run out of health care professionals pretty quick!
Go long nursing schools................
Intentional incompetence.
# Putinebolisism = perfect scapegoats
Try digging for it.
Bunz - In the end we are all zebra's.
me neither....(knees shaking)
https://www.youtube.com/watch?v=zZuH4_Zn6YM
hehe
LOL at people thinking that the Fed would ever raise rates again. This "sell-off" is clearly a warning to the Fed that they better play ball or the oligarchs will destroy their market.
I agree.
But I don't know which oligarchs.
Let me get this straight. Russia is very dependent on oil prices as an export and to fill their coffers with money.
In 2008 they invaded Georgia and really ticked off the West. If you remember, oil quickly fell to around $45 from record high prices.
Fast forward to 2014, USA, Europe, UK are at Russia's throat over their continued intervention in the Ukraine. Oil is once again falling like a rock.
Now oil is taking the stock market down for ride.. We don't know how this ends but if Russia and the Western Powers stop their proxy war in Ukraine one would expect oil to shoot right back above $100 or $120. Seems like a simple play but this time Russia seems to hold a spade card with China?
Disclosure: I'm long paper, ink, tungsten and any company that manufactures printers.
Why printers?
Tradition.
because you can't spread Ebola with digital money.
Go long dirty cash.
Is youtube server not working or is it just the NSA shutting me down?
But, but aren't we the best smelling turd in the toilet bowl? USA...USA...USA
I thought you were talking about Krugman.
We're just a poop stain in the toileet bowl of life.
A skid mark in Barry's panties.
The chart says that Extreme Fear is set to zero....
Ok, Banzai has to photoshop the deer with ebola now.
Wake me when it gets to - eleven.
Margin. Drink.
Everytime John Boehner cries the market bottoms. Wait for it before BTFD.
Following
Everyone
And then
Regretting it
More like extreme bullshit.
"Jupiter has left the building" i.e. out of America's 8th house of easy money.
Bwaaahhhh...hahaha....
Silly Hedgers...All you have to do is turn the chart upside down and move a few dots and the bar and it is a nice smiley face...next we need a chart of fluffy bunnies.
Oopma Loompa's are good for that..
The ass of the hot chick in the travel dating ad is right next to the red fear button.
That ass is aimed at you, dude. Didn't you get the memo about target advertising on the internets? Clearly, you watch alot of hot women on that computer...
Whatever, tomorrow it'll be 400+ green. I'm calling it right now.
The PPT has been sequestered and the hookers and blow have arrived. So you could be right.
What? VIX at 400 tomorrow? Now you're exaggerating a little bit.
Below the support level. Does that mean our balls fall off?
Ever sat in a nice warm moist smelly airline seat or at the staging area ?
Tomorrow the airlines might shut down for 21 days and burn-up all their foam seats...to be replaced by stainless steel benches, and disposable seat protectors on the planes.
This could be a worldwide shutdown.
Me thinks its backwards, greed is driving the market right now. All the suckers assuming its going to turn on a dime and close the year at 2200. May still happen with a little fed magic
if it were fear driving this thing the drops would be 15%ers not 1.5%ers.....
The quicker we get to the reset the better, so yes, I am rooting for the inevitable collapse to come sooner rather than later.
Are the down votes broken or...?
nope, they work;)
All good :)
Expect any and every excuse from the MSM. The obfuscation and denial will be thick.
The simple fact is that Q-3 earnings are going to be shitty. All of the other distractions are just "blamesmanship".
Where's all those long $ trades today? The USD isn't going to be the savior this time around.
Yup, shit earnins and no signs of improvement on the horizon. Only the Fed would be retarded enough to buy in this environment.
if earnings bad
say goodbye to capital expenditures
and hello to layoffs
CapEx went bye-bye years ago, and quite a bit of the faux earnings growth was due to headcount reduction already. They're running on empty. It may be more like say hello to liquidations/divestiture.
when everyone is afraid i sell everything, right?
Take a look at the weekly chart of the DOW. This isn't real fear yet. Wait until the charts show fear. There is a long way to go down.
QE can pump a market. But never once in Japan did the market stay pumped when QE ended.
The crash already happened. All that is visible now is the smoke screen of hopium.
The crash already happened...guess who the banksters really are!
zerohedge would like to apologize to those who thought our haunted house was
not scary enough
Looks like gold finally woke up today, too.
My take...get at least one monster box of Silver, but Gold will be more precious in the short term.
Long-term Silver will pickup but that might be only after a massive fiat collapse.
Somebody hold me.
(Sniffle)
Let me get several layers of protective gear on first...be right with you.
$DXY has brewer's droop
the retail herd will move as one.
i'm sure a lot of calls being made to brokers ... i expect a lot of hang in there talk ... no broker is going to recommend SELL (unless everyone else saying sell) lest tomorrow/next week sees rally (fueled by FR speculation) ... (not many) brokers going out on a limb on own ... don't be the loose nail
We are just seeing what happens in the markets when the Central Banks pull their support. It is almost as if they are testing the waters to see if there is any other support there besides theirs. 'Ooops, dropped 200 points in 30 minutes; we had better reestablish support.'
The usdjpy plowed through the 107.00 handle, and isn't bouncing. That's significant area of support. The trendline from August 8th 101.50 area, runs through the 106.80 area.
It should be interesting to see how the Tokyo fix plays out.
You are witnessing the death of fiat. Good luck trading.
I don't need luck. I do my homework, and diversify my winnings.
It's all about input. You get what you give.
Fear > Greed
If it is at zero now, where will this fear index go when we get a couple of 1000 points drops of the Dow?
Need a better measurement device.
At that point, you move to the panic guage.
I really don't give a shit...i have nothing - NOTHING - 'invested' in this fucking 'market'. I hope it dies soon and takes all the shitty jobs (whatever's left of them) alongwith it. When nobody's working, everybody's free to work on what they like - now that would be fucking AMAZING.
.
CNBC. Ha ha ha... genius....
"Some final thoughts with our panel".
Q: "There is so much misunderstanding about the market right now. What do you think, Steven, people most misunderstand?"
A: "I think they confuse the economy with the market. And earlier I got talking about the bubble in treasuries. It's not the same thing as the national debt. So, take a breath, go back, look at the fundamentals and you will understand where the cycle is or the economy is. You won't understand valuations because valuations are ultimately very important and what you're talking about Kenny on momentum - ehm - how do shorter term dynamics effect but if you put those three together that gives you a medium to shorter term ability to navigate some choppy water".
You can't make this shit up...
It looks like ENGLISH, and I can read the words plainly, but it reminds me of Alan Geenspan's blabber, it could easily be some foreign language- I have no idea what he's saying!
But seriously, if you went back to 1982 with low bonds and low stocks, you still can't make a case to sell stocks- the top 100 of S&P 500 yield more than the 30yr Tbond in dividends.
Ok, I'll try to translate:
"All will be fine! We will NAVIGATE through the "rough waters"! Don't worry! (ps: I am long and I just shat my pants just before the close)"
"Techspeak, or How to Talk High-Tech!"
Hissy Fit.
The market is a shell game from hell.....
I hate these kinds of posts...I click on to read the story, and it's just a picture or graphic, with a comment or two. That's it...
I like WORDS! Wanna read WORDS! Not just look at the pictures!
Seriously, someone actually made this little graphic of a meter, in red and green, with the needle allllll the way over to RED! to represent the Fear and Greed in the market. How much more interesting it would have been to read an article discussing this in detail...Who is fearful? Who is greedy? Why? What do they say when you interview them? (Oh, sorry, you can't interview a graphic...)
It's an interesting topic...a good writer could have done so much more with this material...just sayin'...
You don't sound very bemused anymore.
Or maybe you do?
This one goes to 11.
Watch the insurance stocks
See
https://www.academia.edu/8713304/Ebola_and_Insurance
Scary shit. No /sarc.
Sorry, but a VIX reading under 25 = still way too much complacency... Extreme Fear registers north of 40...
http://www.elliottwavetechnology.com/2012/02/how-does-corrupt-fed-treasu...
Paper pushers are scared... Oh ohh....
fear is just....
capital leaving your account ...
They should allow the meter to go negative. I bet that would make some talking heads' eyes cross.
Again..another msm story... CNN?..are you guys serious?..
Maybe shut down the site..or take a vaca til zh type articles come back.?..
Is it just me?..
Burn motherfucker, burn!
When indicators are very oversold, btfd mentality is still present with retail traders, that´s when the big drops can happen. https://www.tradingview.com/x/6sfEG6bL/