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Just 5 Fun-Durr-Mental Charts
With Treasury yields plunging today and oil prices heading back towards cycle lows, is it any wonder stocks are testing record highs once again... these 5 charts should help explain it all...
The Santa Claus Rally (in bonds and stocks?)
Oil no longer matters...
Nor do bonds...
No do US Macro fundamentals...
What matters is this...
Charts: Bloomberg
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And Football.
this econmy is so bad I saw a mexican buying condoms!
Must loot Japan to stay ahead of China a little longer.
I have had the "pleasure" of going to some football games with my family. I can tolerate it for sometime. One fun thing I like to do at these games is to mix up the crowds war chants. For instance, the Cleveland Browns crowds have a chant of "Here we go Brownies, here we go! Woof! Woof!" I substitute the name of the team with the sport being played.
"Here we go football here we go"
Instead of "Let's go Cavs!" I scream "BAS KET BALL! BAS KET BALL!"
If you do this late enough in the game when everyone is annebriated enough, you can get many to play along.
Anyone in Japan care to share what the inflation feels like?
Dax closes at 9933 after falling on Greece to 9775 but bunds hit a new ATL explain that! looks like ECB very busy today Spain 10y 1.673%, 10y BTP still sub 2% 10y Portugal 2.72% and the biggest joke 10y France 0.832% total insanity.
It's darkest before dawn and it's pitch dark so that should tell you something.
this economy is so bad, I saw a brotha searching for a j-o-b.
I hear not a single pair of workboots were stolen in St. Louis. LMAO.
Economy is so bad, I saw a white person working in house keeping.
No, just well paid by the proper people.....
Thank you (and ZH) for the sanity injections.
There's always hyper-inflation, if the sheeple don't go along.
only two more days to paint the 2014 tape. will be dud market that will make you slober on yourself trying to watch it till next year.
So what these clowns are playing is this: some yield-desperate Japanese idiot financial entity lends them Japanese yen at near-zero, they turn around and buy US dollars then buy BTFD US stocks at the highest prices in history, expecting to be able to pay back their yen cheaper AND make stock gains?
Works as long as Abenomics does. And if the yen collapses they'll make a killing...
And at some point they'll have to pay back the yen and sell some stawks...wonder who will be buying then? Anyone?
Crude future now breaking the 2 week lows around 54.50:
http://www.investing.com/commodities/crude-oil-advanced-chart
Crude now collapsing to 5 year lows at 53.70: the monthly chart makes $40 oil look easy.
White woman, shoots at random people, aims gun at cops after car chase, lives to tell about it
Looks like she fell out of the ugly tree and hit all the branches on the way down.
The next great Japanese export, Seppuku kits.
Yeah, except it looks like they are doing it with a dull blade to make it more painful and long lasting....
in one's dim and very distant past one remembers a charity fund raising for a Noel Coward play. I forget the play, maybe it was "Privates on Parade" but the fund raiser was called "Fund a mental frolic" - little off with the metaphors, but still, throwbacks to the late 70's/early 80's abound.