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Obama Is Watching: White House Monitoring If Crude Crash Is Affecting Stocks

Tyler Durden's picture




 

"Some folks are selling stocks..." and, according to The White House, President Obama is closely monitoring it. As The Hill reports, despite the meme that lower-oil-prices-are-unequivocally-good-news-for-Americans, the Obama administration is monitoring whether the fall in oil prices is affecting the US stock market. Just over 5 years ago, President Obama explained to the American public that "profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal," so we can rest assured that our leaders are (for now) "hesitant" to say whether the fall of the stock market, which came as crude oil trades briefly dipped below $50, was related to oil prices.. so blamed Europe.

 

As The Hill reports,

The Obama administration is monitoring whether the fall in oil prices is affecting the U.S. stock market, White House press secretary Josh Earnest said Monday as the Dow Jones Industrial Average plunged more than 300 points.

 

"We're always monitoring the impact that any sort of policy area would have on the economy," Earnest said. "So it's certainly something that we're watching."

 

But the spokesman said he was "hesitant" to say whether the fall of the stock market, which came as crude oil trades briefly dipped below $50, was related to oil prices. Oil prices have been nearly halved since the summer, and Monday represented the first time crude oil slipped below $50 since 2009.

 

"I'm always very hesitant to draw any conclusions or offer any analysis about movements in the stock market," Earnest said. "I know that there are some who have observed -- this is a little bit of a chicken and the egg thing, that some of the fall in energy prices is a direct response to a weakening of the economy and a fall in the stock market."

 

But, Earnest said, "as a general matter," falling energy prices have been "good for the U.S. economy."

*  *  *

Of course, later in the discussion, Josh Earnest explained that it was all Europe's fault...

Oh yeah makes perfect sense - it's totally Europe!!

*  *  *

How long before the Fed-Phone will be ringing off the hook, as we noted earlier...

 

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Mon, 01/05/2015 - 19:04 | 5625702 knukles
knukles's picture

Hah ha ha ha ha ha ha

Mon, 01/05/2015 - 19:04 | 5625707 Jeff the Terrible
Jeff the Terrible's picture

Fingers on the pulse always

 

https://www.youtube.com/watch?v=VI6tBwVjyOY

Mon, 01/05/2015 - 19:09 | 5625715 knukles
knukles's picture

Talking about Emperors having no clothes.  Jesus, people.....

 

"If everybody had eaten Mooch's school lunches all their lives, none of this shit woulda happened.", Josh joshed, earnestly, adding that, "It's all Chris Christe's fault for hugging that gay cowboy Brokeback Mountain thing during the game."

 

Mon, 01/05/2015 - 19:08 | 5625733 Bay of Pigs
Bay of Pigs's picture

Josh Fuckan Earnest...lol

Good God Almighty!

Mon, 01/05/2015 - 19:11 | 5625741 NoDebt
NoDebt's picture

This time when he says he "just heard about it recently on the news like everyone else" you can actually believe him.

Mon, 01/05/2015 - 19:15 | 5625753 knukles
knukles's picture

Y'all know it's really bad when ESPN starts carrying it!

 

quick, Micheal, shave your back, we gotta go out there and look good     .... it's for the bankster's children, ya'kno

Mon, 01/05/2015 - 19:21 | 5625796 insanelysane
insanelysane's picture

He's working on an executive order that outlaws the selling of stocks by everyone except Jamie, Warren, and Lloyd and buying stocks is mandatory for everyone else not in the FSA.

Mon, 01/05/2015 - 19:24 | 5625805 Pinto Currency
Pinto Currency's picture

 

 

As the Fed and these wankers destroy the US economy, they will start calling for MORE regulatory authority to prevent the destruction of the US economy.

Guaranteed.

Mon, 01/05/2015 - 22:35 | 5626427 max2205
max2205's picture

Time to hit the easy button on this rigged  bitch.  Can't  have a lower low OMG!

Tue, 01/06/2015 - 00:51 | 5626779 TruthInSunshine
TruthInSunshine's picture

In Centrally Planned Utopia, State (capital s) must optimally balance/fix all asset prices/valuations.

/no sarc

Mon, 01/05/2015 - 19:29 | 5625816 Oldwood
Oldwood's picture

I'm sure your joking...but really. They see there job as protecting us from our own "animal" instincts. The Freudian perspective you know. If the markets become unstable to the point of collapse, they will have no other choice but to step in to save us from ourselves. How did that MFGlobal shit work, where they moved people's accounts to other brokers without telling or asking them and then froze the accounts? Nothing is really outside of possibilities for these assholes, and as long as "the folks" perceive they are just fucking rich people, who cares, right? By the time they figure it out (because MSM won't be telling them) it will be too late. It will all be shared sacrifice by then and we will all get a big "collective" hug from Obama & Co.

Mon, 01/05/2015 - 19:30 | 5625821 Philo Beddoe
Philo Beddoe's picture

MyRA is the solution to your retirement woes, Johnny Lunchbucket. 

Mon, 01/05/2015 - 19:44 | 5625857 Oldwood
Oldwood's picture

Like an abused wife we just stay and take it, as we obviously deserve it and the ass kickings are for our own good. Besides who else would love us so much? The progressives do love us don't they? We are like their little retarded children.

Mon, 01/05/2015 - 20:01 | 5625891 knukles
knukles's picture

"My poor little retarded Johnny Lunchbucket.  Your Mommy Progressive State will take care of you."
LOL
You guys are seriously funny.

Mon, 01/05/2015 - 22:42 | 5626463 RaceToTheBottom
RaceToTheBottom's picture

As long as you buy TBills.  It's for your children...

Tue, 01/06/2015 - 00:00 | 5626741 franciscopendergrass
franciscopendergrass's picture

SAT analogy.  MyRA is to Investing as Obamacare is to healthcare.

Mon, 01/05/2015 - 21:35 | 5626216 MrButtoMcFarty
MrButtoMcFarty's picture

Heh....you said "markets".

;)

Mon, 01/05/2015 - 21:04 | 5626100 logicalman
logicalman's picture

It's really bad when the guys rigging the markets are rigged.

 

Mon, 01/05/2015 - 22:54 | 5626515 KnuckleDragger-X
KnuckleDragger-X's picture

I'm not worried, Obozo is watching CNBC every day and Cramer is his new hero....

Mon, 01/05/2015 - 19:09 | 5625723 HelluvaEngineer
HelluvaEngineer's picture

He's only "watching it" because he and his team are behind it.  One of his handlers said they had a great way to get back at that Putin.

In other news, buy oil, because douchebag is about to hit the UNDO button.

Mon, 01/05/2015 - 19:20 | 5625791 Winston Churchill
Winston Churchill's picture

Kim Jong-uns' daddy did a lot of watching things.

I'm sure thats what Tyler is alluding to.

Mon, 01/05/2015 - 20:54 | 5626065 BullyBearish
BullyBearish's picture

Thanks for the vid

Mon, 01/05/2015 - 19:31 | 5625817 ZH Snob
ZH Snob's picture

we can...destroy some folk's portfolios.

Mon, 01/05/2015 - 19:44 | 5625861 SheepDog-One
SheepDog-One's picture

No worries, Barak the Magical Negro and emperor of the world shall surely save us!

Mon, 01/05/2015 - 20:07 | 5625904 Falling Down
Falling Down's picture

We choomed some folks.

Mon, 01/05/2015 - 19:52 | 5625876 Stoploss
Stoploss's picture

Give it til Friday.

Then the derivatives begin to blow sky high.

Like a child, these idiots think they can just say nevermind, it was a bad idea, we sorry... 

One of the few times so many jobs lost within weeks.  This seems to play into the liberal progressive democrat job killing strategy quite nicely, as this will render Keystone useless.

When reading how Dow will save the world, building new plastics plants, and the LNG export terminals ramping up to export natty, and how many jobs would be created as a result, and all the while there is no where to export said products to, it finally comes into view.    Barry is using Saudi to kill the american energy sector, since those bastards were creating more higher paying jobs for people without degrees, who dont mind actually working for a living, while the liberals cry and whine for moar free shit, makes one want to visit somewhere where hard work might be rewarded.    Mars???

 

Oh right,  Barry killed the space program too...

Mon, 01/05/2015 - 22:56 | 5626527 KnuckleDragger-X
KnuckleDragger-X's picture

We had to destroy the village in order to ave it.....

Mon, 01/05/2015 - 20:34 | 5625990 Lewshine
Lewshine's picture

What mindless garbage! Does anyone here actually think that ANYTHING can perpetuate further selling in stocks?? If you do you are a greater idiot than the author of this article. This sell off was and is as contrived as any up day we've had in the past 7 years. Tomorrow will be an up day - And oil will probably be lower, and Greece will still be a trainwreck. HOW MANY TIMES DO YOU NEED TO SEE A MOVIE BEFORE YOU KNOW HOW IT ENDS??? Nothing matters - NOTHING!!!!

Mon, 01/05/2015 - 20:48 | 5626028 lcs
lcs's picture

Obama said that on March 3 2009, just before the S&P500 bottomed at 666.  It has been going up ever since. 

Mon, 01/05/2015 - 21:39 | 5626222 MrButtoMcFarty
MrButtoMcFarty's picture

UNFUCKINGREAL.

Ok...my mind is blown for the evening.

Cheers

Mon, 01/05/2015 - 22:32 | 5626413 williambanzai7
williambanzai7's picture

Is there a basketball team called The US Stock Market?

Mon, 01/05/2015 - 19:06 | 5625708 FreeShitter
FreeShitter's picture

New highs soon.

Mon, 01/05/2015 - 19:11 | 5625747 ForWhomTheTollBuilds
ForWhomTheTollBuilds's picture

More than ever, I find myself looking at my portfolio and asking, "How will I be effected by the rule changes the elites will make the moment things turn against them?"

So, for example, I realize shorting the stock market is useless.  Either it will never be allowed to go down, or they markets will simply be shuttered.  Same goes for paper gold positions.  Same goes for savings accounts.

 

Nowhere to run and hide folks.  You will lose substantially when this falls apart.  This is gonna be all about holding on to what you can...

 

Mon, 01/05/2015 - 19:18 | 5625787 Bay of Pigs
Bay of Pigs's picture

+1

Cash and Gold Bitchez....stack em HIGH if you can.

And silver looks very undervalued at $16...


Mon, 01/05/2015 - 19:27 | 5625813 Id fight Gandhi
Id fight Gandhi's picture

Silver IS undervalued at $16 but what's the best price over spot to buy physical?

Mon, 01/05/2015 - 22:11 | 5626340 Greenskeeper_Carl
Greenskeeper_Carl's picture

My LCS is selling generic rounds and bars for 19, ASEs and maples are 20. Hasn't moved even when silver war barely holding 15, he pretty much told me that was most likely the lowest he was willing to go with selling his current stock, regardless of how much they drop the price.

Tue, 01/06/2015 - 02:18 | 5626965 Blano
Blano's picture

Mine never made it below 21, 22.  Something like a 40% premium.

Mon, 01/05/2015 - 21:40 | 5626233 MrButtoMcFarty
MrButtoMcFarty's picture

Sell the paper.

Buy the physical.

Seems like the trade right now.

;)

Tue, 01/06/2015 - 08:56 | 5627283 lucyvp
lucyvp's picture

what good are high stock prices anyhow?  Who sells stocks?  old people in retirment, pension funds etc.  who buys stocks, young people in their 401ks etc.  So high stock prices along with high housing prices is just another generational wealth transfer.  Back in the old days a person would hold stocks to receive a dividend. High prices with low growth just grind the dividend down to nothing.

Mon, 01/05/2015 - 19:19 | 5625783 yogibear
yogibear's picture

You can say that again.

Mon, 01/05/2015 - 19:04 | 5625714 davinci7_gis
davinci7_gis's picture

S& P has about 504 points to go (down).  

Mon, 01/05/2015 - 19:44 | 5625859 rccalhoun
rccalhoun's picture

1504 or more

Mon, 01/05/2015 - 19:05 | 5625716 order66
order66's picture

Stunningly clueless.

Mon, 01/05/2015 - 19:05 | 5625717 kaiserhoff
kaiserhoff's picture

Some reporter should ask Barry to define the P/E ratio,

  and watch him piss his pants.

Mon, 01/05/2015 - 19:17 | 5625780 yogibear
yogibear's picture

Pot/Euphoria feeling after Barry does some Hawaiian varieties.

Mon, 01/05/2015 - 20:00 | 5625892 Global Hunter
Global Hunter's picture

I wish for the sake of the world he was just smoking pot, we might start to see a marked improvement in our outlook.

Mon, 01/05/2015 - 20:04 | 5625898 conscious being
conscious being's picture

Maui Wowee.

Mon, 01/05/2015 - 19:24 | 5625804 angel_of_joy
angel_of_joy's picture

He's an idiot. He can watch anything he wants but won't understand shit of what's going on. Hell, he's probably having seizures just trying to follow a Bugs Bunny episode from start to end...

Mon, 01/05/2015 - 19:54 | 5625879 analyzer_66
analyzer_66's picture

Bugs Bunny ??  Everyone knows the Mo-Town Jive Clown- in- chief watches FAT ALBERT

Mon, 01/05/2015 - 19:27 | 5625809 Bobportlandor
Bobportlandor's picture

Know he won't he'll just send out the white boys and girls to respond in vague terms and pretend the HNIC has all under controll.

 

Mon, 01/05/2015 - 20:34 | 5625983 conscious being
conscious being's picture

Bob, help me out here. It looks kind of silly when we're all slagging the TOTUS and you're confusing 'No' with 'Know'.  You must know [there's that word again] the difference?

I had my racial epiffany in the Army. Prior to being a soldier, I hardly saw, let alone knew any Blacks. I heard all the sterotypes. In the Army, I saw a much bigger cross-section of society. Here's what I discovered. Many Blacks, not all, are excellent, stand-up guys, not afraid and duty bound to do things like back their friend, me, in a bar fight against big odds for example, stand up to authority when justified, that kind of thing. On the other hand, and this is the epiffany part, I saw and learned, first hand, that there are a lot of stupid, stupid White people. Not that there aren't a lot of stupid Blacks too. We hear about that all the time. We just don't hear so much about their numerous White counterparts.

As this is an Obummer thread, I ought to be clear that the TOTUS is the CIA / Bankster groomed, Kenyan born usurper / Manchurian candidate, empty suit. But I don't have a big issue with Obummer 'cause he's kind of a no op. Its the people who put him in DC that we all ought to be focused on, imho.

Mon, 01/05/2015 - 22:22 | 5626385 MontgomeryScott
MontgomeryScott's picture

Yeah...

Al Sharpton has announced that he and Rachel Maddow will be wed, in the spring. They're looking forward to starting a new family of little mullatos (just like Soetoro is).

I never heard of Rahm Emmanuel, or Valerie Jarrett, or Lieberman, or Podhertz, or Wolfowitz, or the SPLC, or any other number of media people who promote mullatos and CIA-trained plants to usurp the power of the governments (around the world).

SHHH. That's a SECRET.

"Its the people who put him in DC that we all ought to be focused on, imho." Help me out here. You're 'slagging' (whatever the fuck THAT means) another poster, and you don't know the difference between 'ITS' and 'IT'S'. It's all right, I suppose, because 'we're all' doing it...

Mon, 01/05/2015 - 22:25 | 5626337 MontgomeryScott
MontgomeryScott's picture

"Some reporter should ask Barry to define the P/E ratio,

  and watch him piss his pants."

Oh, that's too easy, kaiserhoff.

The 'P/E' ratio is the number of minutes in the day that Moochelle's global children can do PHYSICAL EDUCATION after eating her delicious, nutritious lunches served in the indoctrination centers of 'edumacation' TODAY, versus the number of minutes that were possible BEFORE OBAMA (B.O.).

If the Presidential Teleprompter goes down, the Wookie will field this question.

"WHIRLED PEAS!"

(The crowd goes absolutely WILD)

Mon, 01/05/2015 - 19:07 | 5625719 HelluvaEngineer
HelluvaEngineer's picture

What a fucking pansy.  He must be all jacked up from pumping his 5 pound weights while on vacation.

Mon, 01/05/2015 - 19:07 | 5625721 NoDebt
NoDebt's picture

Obama administration is here to help?

If true, NOW would be a good time to get out.  If there was ever a "jump the shark" moment for the market, this would have to be it.  The Kenyan Socialist is going to fix it.  Yeah, fix it REAL good.  He could undo 5 years of hard work by central banks in one speech.

 

 

Mon, 01/05/2015 - 19:08 | 5625725 Freebird
Freebird's picture

It's clear...just get out & just get some assets together, a portfolio yeah...

Mon, 01/05/2015 - 19:08 | 5625729 roadhazard
roadhazard's picture

"Release the Reserves!"

Mon, 01/05/2015 - 19:11 | 5625742 knukles
knukles's picture

The St Louis Fed Army to the Rescue!

https://www.youtube.com/watch?v=wTDUuBWGtpU

Mon, 01/05/2015 - 19:14 | 5625754 noben
noben's picture

"Release the Reserves!"

And get Kraken!

Mon, 01/05/2015 - 19:08 | 5625734 alexmark2013
alexmark2013's picture
SP 500 and NDX Futures Daily Charts - How Low Can We Go http://investmentwatchblog.com/sp-500-and-ndx-futures-daily-charts-how-low-can-we-go/
Mon, 01/05/2015 - 19:10 | 5625735 venturen
venturen's picture

String meet Puppet....the memo from Goldman arrived!

Mon, 01/05/2015 - 19:12 | 5625743 TalkToLind
TalkToLind's picture

Exactly which type of "oil" are they talking about?

Mon, 01/05/2015 - 19:13 | 5625757 yogibear
yogibear's picture

Hawaiian Gold.  That's the pot he used to smoke.

Mon, 01/05/2015 - 19:18 | 5625786 adr
adr's picture

Obama's so dumb some Hawaiian cooks probably sold him some oregano and cilantro in a bag.

Mon, 01/05/2015 - 19:30 | 5625820 dogfish
dogfish's picture

The oil on Reggie's cock.

Mon, 01/05/2015 - 19:11 | 5625748 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

What the fuck did he even say...God help us all

Mon, 01/05/2015 - 19:17 | 5625781 SILVERGEDDON
SILVERGEDDON's picture

" Man who talks in circles, walks in circles, pokes own self up the bum hole eventually."

Old Chinese / Kenyan  / Hawaiian golf proverb, Kemo Sabe. 

Mon, 01/05/2015 - 19:11 | 5625749 yogibear
yogibear's picture

Can't let stocks too much or Obama calls Yellen, Bulltard, Dudley and Evans to boost stocks higher.

Maybe mention QE 4 again. Then do the Federal Reserve FOMC dog and pony show.

His party has the 2016 elections coming up.

 

Mon, 01/05/2015 - 19:18 | 5625782 surf0766
surf0766's picture

Jeb or Hillary both progressives both communists

Mon, 01/05/2015 - 20:00 | 5625890 Berspankme
Berspankme's picture

he's only worried about the pension funds for his precious government ass licking cocksucking employees

Mon, 01/05/2015 - 21:41 | 5626237 MrButtoMcFarty
MrButtoMcFarty's picture

DINGDINGDING!

Mon, 01/05/2015 - 19:14 | 5625761 Shizzmoney
Shizzmoney's picture

But I thought we're in a "recovery".  Why the worry?

Man super rich people are such fucking whiny little babies.

Mon, 01/05/2015 - 19:21 | 5625797 fuu
fuu's picture

"Man super rich people are such fucking whiny little babies"

 

They fucking hoard hard too.

Mon, 01/05/2015 - 19:15 | 5625764 22winmag
22winmag's picture

Past Presidents didn't involve themselves in everyday minutae like this. O'bomber has something to say about everything, which is why nobody listens anymore.

Mon, 01/05/2015 - 19:27 | 5625810 Philo Beddoe
Philo Beddoe's picture

This is no accident. This did not happen by accident. This was planned by accident. The accident was planned. 

After awhile the listener tunes out as planned...accidently. 

Mon, 01/05/2015 - 19:39 | 5625848 Oldwood
Oldwood's picture

Its important for Obama to feel that we see him as being in control. He knows that everyone knows this sucker is staying afloat on delusionary confidence, and as such knows that he can't turn his back for a second. Not because he knows or can do anything but this shit "confidence" is all he has. The moment we see fear in his eyes, EVERYBODY knows its going down hard.

The pilot has just turned on the fasten seat belt lights. Nothing to worry about, just a little turbulence ahead. Please pull your shades down and try not to look out the windows as it will only spread irrational fear as your eyes widen upon seeing the ground rushing up at you. Please keep your seats and don't worry. The pilot has never flown a plane before but has many hours on a simulator and has assured us all he has never crashed a real plane. Oh, and his copilot, while never having flown a plane before either, has expressed his utmost confidence in our captain. He says he is a clean, well spoken black man and we should have no fears.

Mon, 01/05/2015 - 19:58 | 5625888 Berspankme
Berspankme's picture

All the little tin horn wannabe dictasters do this. Chavez was on tv 6 hours a day in VZ. Same with Castro in his younger days. Has to appear all knowing, all important. Believe his true believers, the ignorant fucks eat this shit up

Mon, 01/05/2015 - 20:58 | 5626084 Everybodys All ...
Everybodys All American's picture

This is the only thing that president Obannana can hang his hat on as effecting in a somewhat positive way. Without a perceived wealth affect from the stock market his presidency would have even his democrat supporters admitting it is a 100% unequivalcal failure.

Mon, 01/05/2015 - 22:58 | 5626540 nuke ISIS now
nuke ISIS now's picture

Since when did BO get "upgraded" to an unequivocal failure? 

 

That putz muther fuker is still struggling to work his way up to being that

Mon, 01/05/2015 - 19:17 | 5625771 adr
adr's picture

In other words:

My Jewish enablers are getting nervous that their ill gotten gains since 2009 are in jeopardy of losing 10% again, and that can't happen. So even though the government has no business intervening in business, we are going to do it anyway. Just like the Citibank rescue bill we passed. My "woman" ain't going back to no $500 a day lifestyle and I ain't goin back to golfin three times a week.

Mon, 01/05/2015 - 19:15 | 5625772 JoeySandwiches
JoeySandwiches's picture

Less time passing between every new 'mini-crash' and less bump from every 'soothing' fed-statement. 

I don't know how much longer this can go on before they have to go full-retard with more QE.

Mon, 01/05/2015 - 19:33 | 5625825 Id fight Gandhi
Id fight Gandhi's picture

I believe there will be another QE at some point by the fed, but I don't think they'll panic until down under 17k and s&p under 1900.

Then typical jawboning, explaining a half assed plan, the market moves back up. If it don't then they bring the plan into motion.

Problem is, the whole world is in recession now. They need much more QE to move the needle.

The oil crash is definitely not planned and the black swan NOBODY called for last year.

Mon, 01/05/2015 - 19:49 | 5625866 Oldwood
Oldwood's picture

I think the next QE will be conditional, meaning there will be strings attached. Sure, it will still be pumping money into the fat cats pockets but there will be more punitive things like bank bail-ins or forced savings into specific funds or bonds...something. Just pumping cash in is too obvious now. Hell we know the only reason they collect taxes is to give their debt some credibility and push some of us around. They'll do something, I'm just not smart enough to know what.

Mon, 01/05/2015 - 19:55 | 5625882 Eternal Complainer
Eternal Complainer's picture

Insider contrived volatility...
It's the new 'killing it'
Same old same old...
Anybody trading on technical analysis or fundamentals gets their faces blow torched

Mon, 01/05/2015 - 19:16 | 5625773 surf0766
surf0766's picture

Did it cross the fuckn red line yet???????????/

Mon, 01/05/2015 - 19:17 | 5625775 NoWayJose
NoWayJose's picture

Announce a big buy for the Strategic Petroleum Reserve - its a great price to add more - and a lot cheaper than the $120 a barrel that 'W' paid!

Mon, 01/05/2015 - 20:07 | 5625909 Beam Me Up Scotty
Beam Me Up Scotty's picture

Pump it out of the ground, to pump it back into the ground!!

Mon, 01/05/2015 - 19:17 | 5625776 walküre
walküre's picture

In case nobody's been paying attention... now Obama is talking stocks and markets again...

SELL SIGNAL!

Mon, 01/05/2015 - 19:38 | 5625837 cart00ner
cart00ner's picture

The US GOV saying they are concerned... Do they want to tank stocks?

As I said on a previous post - To an outsider's perspective it looks like they now deliberately want to destroy the $US.

Makes no sense to the unwashed, but I guess they have a master plan (which no doubtedly ends badly for us)

Pass the popcorn... This is going to get ugly.

Mon, 01/05/2015 - 19:53 | 5625880 Berspankme
Berspankme's picture

They want to save us with a One World Currency. Russia and China have a different idea but the master plan is for a new global currency- bet on it

Mon, 01/05/2015 - 19:23 | 5625793 yogibear
yogibear's picture

If all else falls they'll QE us to death.

It's onward to QE 4,

Then QE 5

QE 6

QE 7 

QE 8

QE 9 

QE 10 

QE 11 

Until the dollar blows.

The new economy will emulate Zimbabwe.

Mon, 01/05/2015 - 19:24 | 5625800 walküre
walküre's picture

No, it ends here and it ends now

The blowup is about to come

Mon, 01/05/2015 - 20:29 | 5625978 Winston Churchill
Winston Churchill's picture

Agred, no more road to kick the can down.

We are about to find out what that time got them.

Mon, 01/05/2015 - 23:05 | 5626562 nuke ISIS now
nuke ISIS now's picture

Like a festering boil on BO's ass..with fucking Yellen holding the fucking Lance, and perched to pop that fucking troll boil,

this thing will be squirting pus like the fucking old faithful geyser......

purple rain

Mon, 01/05/2015 - 19:21 | 5625795 First There Is ...
First There Is A Mountain's picture

Call this a prelude to .gov hoovering up HY energy debt in a wreckless bid to prop up another zombie industry that has fallen victim to cheap $$$. It's gonna happen boys and girls - fucking bank on it.....

Mon, 01/05/2015 - 19:34 | 5625827 disabledvet
disabledvet's picture

I thought that was how the bubble got created in the first place?

 

Of course without a Fed audit we will never know.

not that I have any sympathy with the speculators...but if you're banking debt to bail out price, well...where is the recovery again?

Would be interesting to see if Putin attacks.  Clearly the only thing working for Russia right now is more oil.

 

At any price.

 

Why is Europe paying so much for energy again?

 

Very confusing...

Mon, 01/05/2015 - 19:29 | 5625815 blaireauhedge
blaireauhedge's picture

You've got to be kidding!

And those people make fun of North Korea and all when no country on earth can match the level of propaganda and brainwashing we have here.

Obama knows everything about all subjects.

Obama created the world in seven days.

Unfreakingbelievable!

Mon, 01/05/2015 - 19:30 | 5625819 Hamm Jamm
Hamm Jamm's picture

Whats a LAME DUCK PRESIDENT gonna do ??????       oh yah GO PLAY GOLF You DUMBASS SOB

 

 

Happy new year

 

and go fuck yourself !!!  prez

Mon, 01/05/2015 - 19:38 | 5625836 buzzsaw99
buzzsaw99's picture

^^^THIS^^^

Mon, 01/05/2015 - 19:35 | 5625830 db51
db51's picture

Watching my Fucking Ass....He's got Janet on the Red Phone and she's dialing in a ramp   But the Temporary Dip Mother Fuckers.  Too the Moon!

Mon, 01/05/2015 - 19:36 | 5625831 fevil
fevil's picture

it's not that folk. When you think something is folk. Perhaps you have to change your point of view to reveal the end.

Mon, 01/05/2015 - 19:36 | 5625834 huggy_in_london
huggy_in_london's picture

Are they kidding?  A tiny pullback after YEARS of what seemed to be daily stock market rallies and they are panicing?  That alone should tell you how precarious this whole shitshow is.  It could just blow at any moment, and they know it.  Debt levels are STILL insanely high - everywhere.  And worse, after years of "stock buybacks" funded by issuance of corporate debt they know this this is on the edge.  

Mon, 01/05/2015 - 19:37 | 5625835 Grouchy Marx
Grouchy Marx's picture

More proof that the only economy now iis the Wall Street party. 

Mon, 01/05/2015 - 19:40 | 5625851 The Shape
The Shape's picture

Thought he'd be on the phone to the Saudis first.

"How many more rigs ND and Texas gotta drop king? The shale declines are coming"

"Excuse me Barry, Shania Twain has arrived to take a dump on my chest, I have to lighten the load these days, I had the Kardashian girls here last week, their shits were so big I had breathing problems for a few days."

Mon, 01/05/2015 - 21:44 | 5626250 MrButtoMcFarty
MrButtoMcFarty's picture

Aahhh... the old Lou Reed Party!

He used to hire the young junkie boys to come to his place to shit on his glass table while he laid underneath....Good time had by all!

 

Mon, 01/05/2015 - 19:44 | 5625855 db51
db51's picture

I dont' know about Ms. Twain taking a dump on my chest...but she could sure as shit sit on my face as long as she wants.

Tue, 01/06/2015 - 01:31 | 5626896 WTFMOFO
WTFMOFO's picture

Is a "shit sit" after a good wipe or not?  That is the question.

 

 

Mon, 01/05/2015 - 19:44 | 5625858 Chad_the_short_...
Chad_the_short_seller's picture

What the FUCK is this shit? He is all but admitting to sanctioning russia/iran with his "policy."

Mon, 01/05/2015 - 20:02 | 5625896 blaireauhedge
blaireauhedge's picture

Glad somebody else caught that.

Mon, 01/05/2015 - 19:52 | 5625874 drinkin koolaid
drinkin koolaid's picture

2 fucking percent selloff and they're fucking freaking out. You have to be fucking kidding me.

Mon, 01/05/2015 - 19:53 | 5625881 blown income
blown income's picture

how many cartons o Salem menthols did he smoke

Mon, 01/05/2015 - 20:40 | 5626021 sparkadore
sparkadore's picture

Wern't Carltons.  What hogwash, this guy, soooo smart with words...but says nothing.

Mon, 01/05/2015 - 19:56 | 5625884 Freedumb
Freedumb's picture

Markets going down? What we need is a talented community organizer, to community organize all these assets back to prosperity.

Mon, 01/05/2015 - 20:00 | 5625889 Fuku Ben
Fuku Ben's picture

Maybe they need an OPEC Plunge Protection Team. After all it might help instill a sense of calm in the fraudulent marketplace

While they're at it why not implement a PPT for Airlines. Asian ones tied to Malaysia & Ukraine that somehow always involve Russia in particular. These types seem to be dropping faster and more furiously than anything else lately

Wait PPT isn't that Powerpoint?

I'm confident Tyler could sum this all up for us on a PPT with just 1 chart, graph, picture or cartoon

Mon, 01/05/2015 - 20:04 | 5625900 stant
stant's picture

He should ban monkeys with hammers

Mon, 01/05/2015 - 21:46 | 5626254 MrButtoMcFarty
MrButtoMcFarty's picture

He should ban lobbyists with pens....but then again...I'm pro monkey.

 

Mon, 01/05/2015 - 20:09 | 5625911 Jack Burton
Jack Burton's picture

STOCKS are now a national security issue? Of course! While workers have seen a 10% drop in wages since the 2008 bailout, a Fed fueled bullrun has made stockholders wealthy even as the economy fails to grow in an meaningful sense. Now Obama is watching stocks to see if government must step in and boost their value, after all, the 1% must not book any loses.

What you see before you is "The 1%er Government" They will use communism to maintain share values above market forces levels. This is communism for a tiny minority. Government guarntees an "Ion Rice Bowl" for the elites, at any expensive, Obama will step in to fuel stock valuations. Mostly the price for this will be traken out of the hides of workers, retirees and small business.

Nothing changes. America is a communist country, only turned on it's head from Lenin's style. In American communism the "Rich steal from everyone else using the powers of communist officials in government. Fed policies are proven to be wealth transfer from poor up to the top. Obama is the leader of these policies. Thus he will watch stock prices closely and spend taxpyers money when needed to maintian share values.

Mon, 01/05/2015 - 20:11 | 5625929 El Hosel
El Hosel's picture

Some folks are going to be the bagholders.

Mon, 01/05/2015 - 21:47 | 5626258 MrButtoMcFarty
MrButtoMcFarty's picture

It's not a real party until the muppets show up.

Mon, 01/05/2015 - 20:33 | 5625926 razorthin
razorthin's picture

We impaled some folks.  (Yes, that was a Vlad reference).

Mon, 01/05/2015 - 20:18 | 5625949 WTFUD
WTFUD's picture

If this shitshow of a Markit/Economy was a hospital patient the doctors would have turned of its life support many moons ago.

The desperate unmeasured measures and decisions being taken to pump ' juice' into a DEAD CORPSE is Scaaaaaary! BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Mon, 01/05/2015 - 20:19 | 5625950 Deathstar
Deathstar's picture

SOMEONE TELL PHONYSTAR TO SELL HIS SHIT COINS BEFORE THEY GO THE WAY OF THE EXXON VALDEZ.

BUY OIL WITH YOUR SHITCOINS BITCHEZ!

Mon, 01/05/2015 - 20:33 | 5625984 q99x2
q99x2's picture

Ethereum is bout to be released.

Mon, 01/05/2015 - 20:30 | 5625979 q99x2
q99x2's picture

The President of Washington D.C. confirms that the NWO is attempting to take over the world by manipulating stock prices. They are scum bankers and nearly autistic as a group. They've got two choices: either blow up the world or submit. Someone should stop them before they make they wrong choice.

Mon, 01/05/2015 - 20:31 | 5625980 JustAboutThatAc...
JustAboutThatActionBoss's picture

Must have been a FAT FINGER... Just blame it on the FAT FINGER.

Mon, 01/05/2015 - 20:38 | 5626001 freddymercury
freddymercury's picture

The only stocks Obozo watches are probably companies that makes golf equipment

Mon, 01/05/2015 - 20:38 | 5626010 insanelysane
insanelysane's picture

Jimmy Carter had to deal with gas lines, Obama is dealing with the exact opposite.

Mon, 01/05/2015 - 20:40 | 5626013 Peter Pan
Peter Pan's picture

Those that hand picked Obama are traitors to the Republic.

Mon, 01/05/2015 - 20:43 | 5626027 smacker
smacker's picture

Obola: "Start yelling to Yellen. Tell her to print, baby print"

Mon, 01/05/2015 - 23:14 | 5626587 nuke ISIS now
nuke ISIS now's picture

"Well..listen Janet as your POTUS fucktard in chief, I m ordering you, you fuking Ms. Doubtfire  mother fucking troll...get your tired fucking ass in there and PRINT...PRINT...PRINT...PRINT US THE FUCK OUT OF PAPER YOU DIRTY GASH...or ill get Bernanke to give you a fucking enema right here and now!

I SAID PRINT YOU FUCKING WHORE!

Mon, 01/05/2015 - 23:23 | 5626635 nuke ISIS now
nuke ISIS now's picture

Nikkei 225 (^N225)  DOWN  2.62% at lunch (10:20pm est)

 

Mon, 01/05/2015 - 21:29 | 5626202 tarabel
tarabel's picture

 

 

Oh, come now. Herr Goebbels said that "we" are watching, not "he" is watching.

The only thing that the Orc-in-chief is watching is college basketball on ESPN. Counting the days until bracket time. Thank god for FDR, and therefore mandatory term limits. Only two Final Fours to go, amigos.

Mon, 01/05/2015 - 21:31 | 5626207 bigrooster
bigrooster's picture

Soon EBT folk will be able to buy WTI futures with their EBT.  Obola will let them know when the bottom is when when he says, "Go long black!"

Mon, 01/05/2015 - 21:35 | 5626218 Firehawk734
Firehawk734's picture

I sure wish any and all government would let the market go where it's gonna go.  Stop intervening.  It's inevitable anyway.

Mon, 01/05/2015 - 22:23 | 5626387 enloe creek
enloe creek's picture

Black Oak Arkansas "Jim Dandy To The Rescue": http://youtu.be/N6nhlgfMRzg

Mon, 01/05/2015 - 23:39 | 5626704 economists_do_i...
economists_do_it_with_models's picture

But...but...the media keeps screaming about how lower gas prices are going to boost the economy even higher.  The propoganda machine is in high gear.

Tue, 01/06/2015 - 02:37 | 5626980 Cicero50
Cicero50's picture

"We're always monitoring the impact that any sort of policy area would have on the economy", Earnest said.

Me thinks ole Josh stepped in it there.  So these lower oil prices are the result of some administration "policy"?  Hmmmm ...

Someone else on this thread hit the nail on the head when he suggested the UNDO button would soon be pressed.

Tue, 01/06/2015 - 08:56 | 5627282 d edwards
d edwards's picture

Have you noticed how the media has been calling lower gas prices a tax cut? Now I see the dems are talking about an increase in the gas tax plus a carbon tax! Greedy bastards

Tue, 01/06/2015 - 06:48 | 5627136 orangegeek
orangegeek's picture

And there we have it - stock markets correlate well with social mood, so if barry keeps markets pumped, you can't riot in the streets.

 

And here comes yet another Yellen bounce - FOMC on Wed at 2p.

Tue, 01/06/2015 - 09:17 | 5627316 bnbdnb
bnbdnb's picture

Why not just come out and say it? No one would do shit about it anyways. Yellen "Everyone should buy stocks because they are going to continue to go up, and we will always make sure they do."

Tue, 01/06/2015 - 16:53 | 5629596 badger10
badger10's picture

The factor that bothers me is that this stock market rally has been predicated upon ZIRP which is not a true growth factor. A propped up market is not a true value of growth. Seems to me that even with all this Fed efforts to stimulate our economy we still our struggling to get our economy to a higher level. The present oil market downward spiral to me is a red flag of deflation. Keynes is an economics of going into more debt to stimulate our economy is not a viable means to achieve escape velocity to a more viable and sustainable GDP. Should be an oversold rally coming in this market but this could be just a dead cat bounce. Good trading all.

 

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