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Just 15 WTF Charts
The WTF charts just got WTF-ier...
Stocks stand alone in the miasma of other asset classes that seem less impressed...
And other stock markets appear less impressed...
As the Smart-Money flows suggest anything but support...
And Breadth confirms it...
Credit markets - the Fed's theoretical transmission channel - are not enjoying the exuberance...
The local and global economic growth outlooks, it appears, have nothing to do with stocks...
And certainly the housing pillar of the US economy is not supporting stocks...
And the real economy appears to not matter at all...
So what is?
* * *
But will the strong Dollar ruin the party again?
* * *
Of course - all of these charts should be ignored... it's different this time.
Charts: Bloomberg
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Working as intended. Carry on.
the top chart...
Easy explanation:
1) Tesla sales are putting a crimp in oil consumption
2) People are eating less and healthier due to Moochelle Obama, putting downward pressure on meat and grain prices
3) The enlightened masses are no longer purchasing barbaric metals like gold, silver, and platinum
/s
These people need to do 10 to 20....no parole
Its the Doug Henning Rally...It's magic!
Crocodile jaws everywhere. When are they going to finally bite?
Listen.
Who the fuck uses charts anymore.....
mmm.
Doesn't anyone get that the stock market is no longer "our stock market" anymore?
It is literally a global casino now...
Hark.
What the f*ck do you use?
Those charts are all figments of our imagination per Bernakonomics 101. Now WTF is this story from the nation's capitol:
Washington, DC City Government: 2nd Amendment was for British Invasion (Video)
Another one courtesy of ShadowStats.
Is unemployment actually rising?
http://www.planbeconomics.com/2014/11/has-unemployment-actually-been-ris...
US Employment
319 Million = Total Population (FRED)
245 Million = Total Population over 16 years old (BLS)
147 Million = Total Employed (FRED & BLS)
92 Million = Total Not in Labor Force (FRED)
98 Million = Total Not in Labor Force (BLS over 16)
37% are not Employed and over 16 years old (BLS population)
40% not Employed using BLS over 16 Population minus Total Employed
Anyway, 98 Million, say 100 Million US Citizens unemployed
charts porn.... as useful as a windows widget meteo to be sure that what you got outside the house is exactly what computer says...
period.
Disconnected, disjointed, severed from reality. Icarus will meet the earth soon - Gravity.
I love Lamp.
https://en.wikipedia.org/wiki/Counterculture_of_the_1960s
I use my neighbors pension fund.
Hear me now and listen to me later:
Charts are for explaining and justifying scenarios after the fact--prognostication in the rearview mirror. That is how New York bankster analysts and D.C. bureaucrats try to keep their jobs and pump out content to their bosses, our puppetmasters.
In fact they will use those same charts and come up with the opposite conclusion.
For example...
If we keep the S&P 500 elevated then employment will have to rise.
If we keep the S&P 500 elevated then World GDP will have to increase.
IF we keep the S&P 500 elevated then the demand for commodities will increase due to increesed economic activity.
et cetera...et cetera...et cetera.
So it is vital that we do not allow the S&P 500 to decline as that will hurt the chances for Growth.
And then they will GET PAID to make those conclusions.
Now personally I do not believe that. My outlook is more pessimistic than the rosy outlook which they are PAID TO PROGNOSTICATE.
And nobody pays me...although I can write the same bullshit which they do.
So you tell me what is the correct way of looking at it.
One ganers a paycheck and one does not.
Can you really blame them for that?
You're correct, unfortunately. I cannot blame them farther than I can throw their fat amoral, unethical posteriors. Yet the real economic output data for the last 6 years since they really started the extra QE/fraud gas on the equity/debt/treasury fire continues to oppose their conclusion. The difference that you mention is that we both know that you or I would have lost our jobs (or worse) by now on Main Street for that kind of horseshit and they just keep getting bonuses/pensions/etc. on Wall Street and D.C.
Can you hear me Mr. Tom?
Maybe hearing you loud and clear is the reason that I am not paid for writing against this type of bullshit?
I am just pointing out an unfortunate truth.
http://www.retroist.com/2013/08/05/pitfall-crocodile-mugs/
These charts remind of the video game PITFALL....the crocodiles.
BTFATH&STFU
And if you don't, we'll have the local gendarmes haul your arse off to the slammer.
Oh and you might accidentally fall down and hurt yourself on the way.
DaddyO
If there was a 16th WTF chart it would look something like this...
http://www.wunderground.com/US/Region/US/2xMinTemp4Day.html
Due to global warming cold weather records expected to be broken all across the USA. 50 degrees below average temps expected.
http://www.theguardian.com/us-news/2014/nov/11/snow-and-record-low-tempe...
http://cci-reanalyzer.org/DailySummary/
And yet, somehow, Earth daily temperature 0.55 degrees C above a 1979-2000 average.
Let me help you out Al, 18 years is a lot a miss....
http://hockeyschtick.blogspot.com/2014/07/updated-list-of-29-excuses-for...
Where is Flakzuki to correct your denial. +1
You use the term 'global warming' - a poor choice of words.
Another term is 'climate change'
So, were having record cold and snow, because climate change is a myth?
Just looking at the logic of it.
Every day I wake up the weather changes...Doesnt mean the climate is changing.
Climate in Sahara used to be wet and tropical, also in Arizona much wetter, Why?
What changed?
Fact is the warming trend STOPPED around 2002 and was even falsified until about 2012 when they caught the fraud red-handed. Been cooling the past 5 years for UNKNOWN REASONS (Hint - SOLAR).
Move along - Re-Name it whenever required to match the current situation and your always "right"
Another favorite: "The Glaciers are gone The Glaciers are Gone were all gunna Die!!!!"
Meanwhile millions of same said people live in and around Glacial depressions, such as..THE GREAT LAKES.
And they dont realize all that gold up there near Nome Alaska and the Klondike were deposited there by much warmer running streams and rivers...that are frozen solid 8 months a year now, thus depositing almost no more gold from the load sources.
But...fear...Make the people fear, and by all means, when it stops warming, rename it "Climate Change".
Where are those Hurricanes anyway? You know...the CLIMATE CHANGE ONES cuz we all know Katrina was due to CLIMATE CHANGE. DOOOOOH
There's no excuse for scientific illiteracy, so I won't ask you what yours is.
I'm afraid you might be be barking up the wrong alley for funding for you next government grand to PROVE beyond a shadow of a doubt that there are HOT CHICKS in the planetary system of ALPHA CENTAURI.
Granted ~ 'HOT CHICKS' we'd be interested in...
What's your excuse for buying up the bullshit being shoveled by Al Gore?
It's bad enough for someone to use the handle logicalman and not be logical. And he probably doesn't even see it.
How's that global cooling treating ya?
And where have the hurricanes been the last few years? Could it be because hurricanes did not take the warmth to the North, the winter winds are bringing the cold to the south? Equilibrium, mean reversion. Weather, stocks, life.
You will notice that at no point did I say humans were the cause.
Better to prepare than not.
But here's somethibg to think about.
Humans have fucked up the land, the rivers and the seas, but somehow the air was spared???
Just because TPTB use something to further their agenda doesn't mean it isn't happening.
Not knowing the difference between weather and climate is like not knowing the difference between a car and traffic.
If you advocate individual human adaptation great, if governmental policy to force us.. Another candidate for the tar and feather treatment, logically you can figure out how to get it off your nads...
I'm an anarchist, just for starters, but I always think that having some understanding of a subject is a prerequisite for having any right to comment on said subject.
If you are just going to go with your own personal biases, you are wasting your life.
I try to look at as much evidence from as many sources as possible, throw in a large shovel full of skepticism and a careful look at the logic of something before I make any comment.
Then you can't be following your plan then.
Please recall that in the 70's it was Global COOLING Newsweek cover story you can almost STILL hear the shrieking from that issue.
Then it was man made global warming. except the warming didn't really happen so they had to change it to Climate Change.
but take a moment and look at what we were threatened with by say AL Gore and Obama.
Al gore said the polar caps would be gone by 2014. Hurricanes would be so horrific we'd hardly survive between storms. Care to observe that we haven't been HIT by one in Thousands of days?
At no time am I saying who cares lets pollute. I conserve energy/fuel. recycle etc. and have done so for several decades.
I refuse however to listen to people shrieking about what is going to happen in the distant future when they can't even tell me with any accuracy what the weather will be in 10 days.
If you decide that tar and feathers is a reasonable response to an argument you don't agree with, you are part of the problem, not part of the solution.
Here is a heaping big spoonful of logic for you Logic Man.
Global Cooling (1977 cover of Time)
Global Warming (2006 cover of Time)
Global Climate Change (2012. OMFG Can you believe people are still falling for this?!)
Scientists that find evidence of global cooling-warming-change get 10 million dollars in yummy US grants. Bonuses are handed out to "scientists" willing to declare it is MAN MADE. Because if we can convince you it's man made and fixable, we can tax you hardcore for breathing, and using energy! We'll make Billions!
On the other hand, scientist that do not find evidence of an immanent disaster.... Well, they get to find new jobs.
Humans have been around a tiny fraction of the Earth's existence. I read that if the Earth's history was a full set of Encyclopedias, human history would take up the last line on the last page of Z. But the earth has always been going through crazy cycles of hot & cold, wet & dry, floods & famine, and even stretches of temperate tranquility & bounty.
Weather changes.
And I'm pretty sure there are a billion other things that will kill us all, long before we die from not paying carbon credits to Al Gore.
And yes, tar and feathers is a legitimate response to some offenses. Even Jesus Christ once felt the need to freak out and flip over banker's tables. When scum-of-the-earth criminals corrupt science or faith for obscene power and profit... being "reasonable" may actually be demonstrating your consent to be abused. It is ok to be unreasonable when you are being robbed, abused or attacked!
Well said. The ancient Romans knew that "Cui bono?" (to whose benefit?) is good way to find the truth in a dispute.
Go get some better science in support of whatever argument you are making, and I'll take a look. Right now, environmental indulgences are stocked on the shelves, and supported by about as much evidence as all those relics claiming to be a saint's blood/toenail/lingham. Too bad Johann Tetzel is no longer amongst the living. He'd be smiling.
I know darn it Global Temperatures on Mars is also cycling - has to be our fault too?
Why is the solution this BS Carbon tax.
So we can feel good about being robbed by the elites. the sheeple would be pissed if they just took $100 from their bank accounts each month for no reason. Now if they tell the sheeple it is going to save the environment and the world, then said sheeple won't mind as much and many will even support being robbed by the elites
Every record that is broken was a previous record, yet the people back then weren't running around like the sky was falling.
The earth is 4 billion years old. Man has been keeping weather records for about 120 years. Yet we're supposed to believe the weather has NEVER changed this rapidly before? What was the climate like during the time of the dinosaurs? How about during the ice age? If anything, the climate has been relatively stable for the past 10,000 years.
Gee thats funny. That's what the climatologists themselves called it during the 80's- 90's and so on...
Until it became an Inconvenient Untruth.
Then it became "CLIMATE CHANGE"
Duh, we win both ways...get it.
Hide the Decline.
Global warming/global cooling/climate change are just catch phrases that help the great unwashed to accept radical changes in weather due to geoengineering.
The Yen carry is always on.
Gee Whiz, we sure are a blessed prosperous nation are we not? So much wealth, such a high standard of living, I sure wish I wasn't on the outside looking in, sigh.....
https://www.youtube.com/watch?v=_Kn1LDeJuqU
Fed Balance sheet was the only match...
Go figure.
Damn ... that's the bestest chart porn I seen here in a long time . < whacks off madly >
Love how the fed asset chart tracks perfectly.
When this shit blows-up finally, it's going to be epic.
If by epic you mean WWIII, then yes, it will be epic.
How much would a drone substitute cost, in case I get drafted? Would that be more, less, or about equal to the cost of my paying a Guatemalan to serve in my place?
10oz of gold could buy you a couple of slaves when TSHTF. But you better have some lead to spread around, gold itself will end up with those who can protect it.
markets have turned into monkeys just flinging shit all over the place. that is the only explanation.
I had to go off and find a monkey chucking shit video... I was hoping to find a gaggle of them together doing it but I settled for this one.
https://www.youtube.com/watch?v=SQHKlxKjyfM
Could you chart my daily rate farts againts the DOW?
Manipulated markets never compute - except on HFT computers. Even Ray Charles can see the fraud and he's been dead 10 years.
Ha ha! You fooled me....I thought for sure you were going to say "and he's black".
Stevie Wonder being interviewd....
Interviewer - 'What's it like to be blind?'
Stevie - 'Could have been worse, i could have been black'
If you think I'm racist, you are missing my point.
Mr. President?
Disconnect!
"Charts...charts? We don't need no stinking charts. We're making this up as we go along."
Sincerely,
CNBS
The disaster that follows this charade could be epic. Nah. Will be epic.
I like best the "World 2014 GDP estimate" one.
HUGE alligator mouth opening up with nasty sharp teeth!!
We're fucked. Big time.
"It's not a market -- it's a crime scene."
YES!
MORE CHARTS, PLEASE.
"Intolerance"- Tool
I don't want to be hostile.
I don't want to be dismal.
But I don't want to rot in an apathetic existance either.
See
I want to believe you,
and I want to trust
and I want to have faith to put away the dagger.
But you lie, cheat, and steal.
And yet
I tolerate you.
not to nit-pick, but where's dr. copper?
http://chart.finance.yahoo.com/z?s=JJC&t=5y&q=l&p=v%2Cb%2Cm200%2Cm50&q=l...
basically the commodity index chart.
http://www.youtube.com/watch?v=U_AzNUPZQeE&list=PLW0bwRHE20epKMznYt74xeW...
For about 3 years it seems like QE was 'working'. But since that correction in 2011 the S&P 500 seems to have decoupled from all but the Fed balance sheet.
Like everything, QE has a place. It seems that QE is good for staving off irrational fear, or breaking systemic mistrust. But QE does not appear to be a sustainable fundamental economic driver.
What is left now? I've been thinking governments should maybe try mandating price increases and seeing if that can spur some real demand for money. Then print money in line with the demand for it. Cos the visa-versa situation has clearly stopped working.
If anyone in the government (or you) knows what to do, they can do it with their money.
What's the f***ing problem with that?
Wow. . . .
Ju... .... ... Re... ... ...
No. Just a whole lot of no........
This made my brain hurt, I mean did you forget the /sarc??? or did you briefly black out and became possessed by Kruegman?
Just no.
This is the guy who was telling us a few months back how Australia is some sort of free utopian society and nothing like the US, hoping none of us had actually ever been there.
It's simple dipshit.... We need MOAR money printing... don't you read Krugman in the NY Pravda ?
Then print money in line with the demand for it.
Wow, you actually typed this sentance...for fucks sake man, seriously? What makes this sentance even worse is the fact that I spent time to read it.
Well I'm posing the question.
What's wrong with issuing (physically printing) money in line with the demand for it? This is what happens when any economy organically grows. People need money as a means of exchange. So if there is an increase in exchanges (growth) then surely you would need to print money to satisfy the increased demand for the means of exchange (money).
I thought this was conventional?
This is opposed to Keynesianism, not for it. Keynesianism would say print money and demand will follow. I'm saying increase demand and currency issuance will follow.
I understand that the words 'print money' are like red rags to a bull for the ZH crew, but I think you've totally misinterpreted what I'm saying. If it makes you feel better how about instead of print money we say 'issue currency'?
So in that case, the real discussion should center around my idea for spurring demand for money; that is mandated price increases. Is it possible that continual price increases would stave off deflation? If it did, would it be good or bad?
Fucking joke. Wish this shit show just fucking explode.fuck.
What The Fucking Fuck!
The only thing that makes sense is the lumber chart.
It's reassuring to know that every body still wants wood -- in the morning, in the evening or all day long.
I wonder how the lumber chart compares to a chart of Viagra sales?
Ah, the WTF word of the day is....miasma.
That top chart looks like a Gator ready to bite an arm off....
*edit actually most of them look like hungry Gators..
I like where things are heading
Either I'll make a killing on PM's the crash or both
If I become wealthy enough to be one of the El-Eat Don't hate me. I always route for the underdog. I'm on team 99% but I won't be able to tell this to my new friends in the 1% club
How do you keep the gold stash when a criminal takes a child or wife hostage and threatens to kill them? Or kills one kid and threatens the next just to show you he's not playing games?
You hire nastier criminals to whack his arse.
Well duh??? You give em the wife, keep the PM and tell them to go fuck themselves.....you then go out and get you a new one...and trust me...if you have any means of support, hot chicks will be plentiful. Kis will be plentiful too....just depends on how much you like the one you've got. Just saying. lmao
if you have any means of support, hot chicks will be plentiful.
As in the olden times.
All the political correctness, feminism, tolerance of all kinds of previously unthinkable proclivities.
All out the window if civilization dissapears.
Group outside the wall demanding free shit? Flamethrower.
Problem solved. No free shit given. No more free shit required.
Hello feudalism.
We allow political correctness because, at the moment, we can afford to.
For most of human history, survival was not a given.
So what is going to be the 'catalyst'...?
What ever it is no onw will see it coming. Not even the regulators who seem to have fallen asleep....again.
Demand destruction.
I thought Ebola was going to unhinge this market, but look how fast they just took it right back up again. Now, I think it's nothing short of a nuclear war that will bring the clown show back to reality.
Nuclear war will be bullish
Wow, look at the multiyear channel that some of these charts feature, think oil and U.S. employment.
When they finally break out they will either double or go to zero, you pick which one goes with what.
Then there is that channel in bonds...........
Depends on whether QEn is punted out.
+1 post, Tyler! :-)
So what is different is that all the charts that are being compared to the S&P charts all lack one simple HUMAN thing... innovation. Whether you choose to believe it's imagination, invention, method or madness, it's pure value of proprietary information and/or technology which sets a company(ies) and product(s) above the quite simple fundamentals of resource and manufacturing of the resource...
Metals investor hardcore geek says his gold will be worth much more in the future due to current uses, technology and production.
Ultimate physical science geek says his plasmonster transistor model will produce one MILLION chips using the same amount of gold used in one regular IC.
Who are you going to believe?
The person who tells who the only thing that matters is how many energy slaves you have at your disposal.
OK Alex, I'll go with:
What is Financial innovation for $500
these charts say it all...
so now waddya do?
BTFD
Well nice correlation with the fed......
In this particular case, correlation is causation
Temps in the Mid-West are going to be dropping faster than the VIX over the next several days. I sure hope the consumer does not barricade themselves inside and refuse to spend their Federal Reserve Notes.
Ham bone and split pea soup with homemade honeybread rolls.
Cold weather Kryptonite.
All this tells me is The Global Commodity Index, 10Y Treasuries, Lumber, Oil, Russell, Smart Money, % above, HY spread, US GDP, Global GDP, US Employed will all go up, because the S&P and the FED Balance Sheet are certainly not going down.
So a rising tide, er uh, S&P ... lifts all boats. Sounds about right these days.
The rising tide lifts all boats.
If you are not on a boat (1%) you have a big problem
It's 90% Obamacare
Inflation? There is no inflation! You won't believe this:
http://www.cnbc.com/id/102174894?trknav=homestack:topnews:10
Surprising to see the BlowHorn actually let someone tell the truth about inflation without shouting them down.
Cost of gasoline on Vancouver Island, BC Canada isnt even down 10% although the price of oil has dropped 30% or more since the summer. No real relief on that either. Still @ $1.10 - 1.20 a liter (well over $4 a gallon). Meanwhile the Cando (loonie) is down around 7-8% against the USD this year as well. A double whammy for tourists going stateside.
It's called hearding. The dog is working with the farmer, I swear.
Ja!
Where's the stock buyback chart?
I guess that one fits perfectly.
Now that is DE----LEVERED!
BUY BUY BUY up forever....I AM JIM CREAMER
I'll take $1,000 for Blythe Masters, Alex.
The dog that bit the pooch is coming around the corner. The comedy is going to be non stop. At least we can write new parody material.
/sarc
Manipulation,
The market always wins in the end...
I take motgage applications for 500!
Robosigning for $1,000
Ninja loans for $1,000
Barny Frank back door deals with Greenspan for $1,000
Libor rates greasing City of London by systemically borrowing US derivatives ponzi scam.
I could go on. You get the point.
Obama's dog (BO) just got knocked up by a Operation Wallstreet Street stray. Doctors are reviewing the options BO has under Affordable Care Act laws.
Alligator Fangs. We're f'ed.
Does the Future Look great or what ??? Hahahahahahahahahaha Man, is this gonna suck
It's all good!
Regards,
Super Master King of the Universe Golden One CBer
We'll all do fine. The exposure is killing the rat bastard parasites in White House, Isreal, and Brussels. Stay focused.
These jackasses are still fighting for a pair of high heels/shirt to sit on the global governance committee board.
Carry on Zerohedge members.
Get my stretcher ready.
I'm going all in short the S&P 500 tomorrow.
was thinking of doing the same but not yet...
Headline 5 years from now ;
"S&P doubles in 10 days for fifth straight time in one year"
"Zero Hedge reports Solent Green not a conspiracy theory"
QEqe
QE to the QE powered.. Fed's hold meeting about using scientific notation on the dollar bills..
I have a Magic the Gathering deck that has infinite exponential functions. Ahhhh such a good group game build. Infinity....
Seems like the markets 'bout to have a Chaos Orb dropped on them ;)
You might get a stick beating temporarily by the feds but if you can hold till the fall of 2015 you'll lay a licking on the markets that will be legendary..
Excellent, very well done. But, it just does not matter.......yet.
this is not a bull run for the masses, it's for the top 0.1% of individuals, companies, hedge funds, etc to make the 0.1% even wealthier... the masses and the economy as a whole staying subdued allows them to increase their wealth without driving inflation up, which allows them to source their input commodities and debt capital very cheap and buy political influence... it's a great time to be in the 0.1%... 2007-2020 will be the boom of the century for them, you should show a grapho of the rich poor gap going even more exponential, it will help clarify what is happening... good luck to the bottom 80% of Americans...
this is not a bull run for the masses, it's for the top 0.1% of individuals, companies, hedge funds, etc to make the 0.1% even wealthier... the masses and the economy as a whole staying subdued allows them to increase their wealth without driving inflation up, which allows them to source their input commodities and debt capital very cheap and buy political influence... it's a great time to be in the 0.1%... 2007-2020 will be the boom of the century for them, you should show a grapho of the rich poor gap going even more exponential, it will help clarify what is happening... good luck to the bottom 80% of Americans...
Anyone who is retired can't afford to have the rug pulled out from under them literally overnight. Those who know what has been happening with rates, FED balance sheets etc... have contributed to the low volatility and the free run the thieves have had with the stock markets by staying out of them. For the last 6+ years I have done zip...standing fast, not buying stocks, new cars, bonds, gold or any other pm (I am an owner of pm's bought much earlier), anything....I kept myself in a non-indebted status, not trusting in the current system and less willing to make a bad decision than making any decision at all. Did I lose...no. Did I gain, no. When you don't trust a system and don't have to, it's better to not do anything at all.
You can't say you didn't "do anything at all" and that is the problem with this system. Holding cash, if that's what you did with any excess income, is an investment decision and if that is what you did you lost purchasing power. THAT is why our monetary system is fucked up. You went to work to earn that money and it keeps buying less and less the longer you "hold" it. Perhaps I misinterpreted your post, gave you an up arrow regardless because I agree with your overall contention.
Yeah, I lost a bit in purchasing power by holding cash. Having a pension allowed me to, which many others couldn't do. My lack of faith in the current system since the repeal of the Glass/Steagall Act in 1999 has been justified. Observing two major stock dumps since the repeal, forced me to stand aside in the stock market. The bond market has been similarly devistated by the artificial low rates created by the same entities. I'd rather be cautious than wrong.
Miasma. A great word to describe this chartshow. The walls come tumblin down and the walls come tumblin down.
But wait wait MOAR charts - from the best chart guy around, Mr. (not making this up) DShort:
http://www.advisorperspectives.com/dshort/updates/Treasury-Yields-in-Per...
Treasury Yields in Perspective
October 24, 2014
by Doug Short
Check out the "S&P 500 adjusted for inflation" one compared to the "Real" 10Y. That is a cool jawbreaker - opening since 1982. It will be one MIGHTY "snap" when it closes, like in 1980.
awesome, thanks...
All looking great so far, the line is going the same direction as my Madoff fund.
Anyone know how much of 4% decrease in percent of population employed is due to baby boomers moving into retirement?
supposedly 10,000 boomers a day are turning 65, for the next several years, if I recall correctly. Can't say how many of those are actually retiring/moving out of the workforce but you should be able to generate a WAG out of that.
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2...
We have just lost cabin pressure
please unfasten your seatbelts and exit the aircraft
We have just lost cabin pressure
please unfasten your seatbelts and exit the aircraft
But wait wait there is MOAR!! (not a dup)
Grant Williams (bless his butt) has done MOAR than his USUAL good job on assembling his TTMYGH (things that make you go hmm) as distributed by John Mauldin (bless his butt2). In his recent missive he quotes (among many WOW quotes and observations)
http://www.telegraph.co.uk/finance/economics/11206596/Dollar-smashes-thr...
<< Data from the Bank for International Settlements show that the dollar “carry-trade” from
Hong Kong into China may have reached $1.2 trillion. Corporate debt in dollars across Asia has
jumped from $300bn to $2.5 trillion since 2005.
More than two-thirds of the total $11 trillion of cross-border bank loans worldwide are
denominated in dollars. A chunk is unhedged in currency terms and is therefore vulnerable to a
dollar “short squeeze”.
The International Monetary Fund said $650bn of capital has flowed into emerging markets as a
result of QE that would not otherwise have gone there. This is often fickle “low-quality” money
that came late to the party.
Many of these countries have picked the low-hanging fruit of catch-up growth and are suffering
from credit exhaustion. They have deep structural problems and a falling rate of return on
investment. The worry is that a tsunami of money could rotate back out again as investors seek
higher yields in the US, possibly through crowded exits. >>
OK if you are in some dusty hollywood spaghetti-western lot waiting for the director to cue you - don't wait any longer - if you aren't dealing in dollars (make sure they are the NEW $100 version - hard to find) - Get the Hell Out Of Dodge! (http://www.urbandictionary.com/define.php?term=get+the+hell+out+of+dodge)
There's never been a better time to buy stocks! You want to be greedy when others are fearful. Stocks are undervalued. Time in the market matters more than timing the market. Theres always a bull market somewhere. You dont want to miss out do you? Did I miss any?