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Swissnado Stuns Stocks, Bonds & Bullion Bid

Tyler Durden's picture




 

Lagarde seemed to admit there is a problem... Overheard at The SNB building earlier...

 

 

And as a bonus, we thought this was appropriate...

 

Stocks initially jerked higher on the SNB news (as didbond yields and crude oil) as the removal of the EURCHF ceiling prompted belief in ECB QE being imminent... but that quickly reverted - not helped by Christine Lagarde's clear discontent with the SNB decision and investors realized that for the first time in years, a central bank surprised traders...

 

Stocks are down 5 days in a row (Dow hasn't seen that since Jim Bullard saved the world in Mid-October)

 

And the S&P 500 hasn't fallen 5 days in a row since Dec 2013... and closed below its 100DMA

 

S&P could not get back above 2,000...

 

Quite a ride the last few days... Year-to-date - Trannies and Small Caps losing

 

Futures show today's swing better... "NOT OFF THE LOWS"

 

as stocks slump back to pre-FOMC levels...

 

Homebuilders were hammered today again as hope from Monday has been crushed...

 

Financials continue to get whacked - playing catch down to credit... US Majors Credit risk surges to 10 months highs

 

Energy credit spreads hit a new record high today (1056bps) and stocks cauight down to it...

 

Treasury yields collapsed 8-12bps today with 10Y below 1.75% and 30Y at 2.38%!!! Not closing off the lows!!

 

Stocks just keep BTFD-ing and then dumping back to bonds' reality...

 

For fun - here is the Swissy move in context this week... 

 

Note the USD strengthened significantly on the day as EUR collapsed (despite the CHF strength)

 

Despite the USD strength, gold surged...

 

And WTI Crude totally roundtripped both the OPEX ramp and the SNB ramp for a massive +/-10% swing...

 

Charts: Bloomberg

 

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Thu, 01/15/2015 - 17:07 | 5666596 flacon
flacon's picture

Can anybody explain OIL to me? Why the pump and DUMP?

Thu, 01/15/2015 - 17:09 | 5666607 PartysOver
PartysOver's picture

Because they can, my friend, because they can.

Thu, 01/15/2015 - 17:16 | 5666635 Rainman
Rainman's picture

Remember .... there is always a sector swindle going on .

  Carry on .

Thu, 01/15/2015 - 17:20 | 5666667 McMolotov
McMolotov's picture

Keep calm and buy the fucking derp.

Thu, 01/15/2015 - 17:26 | 5666695 Publicus
Publicus's picture

The rats are jumping off the Euro ship.

Thu, 01/15/2015 - 17:35 | 5666727 nope-1004
nope-1004's picture

flacon,  I can't explain the pump and dump, but.....

 

Read here:

There is this notion put forth by the media that a decline in global oil demand caused the huge drop in the price of oil.  Ironically, global oil demand is higher than ever… that is, according to the IEA – International Energy Agency.

Not only did the world consume the most oil it had ever in the third quarter of 2014, it was 600,000 barrels per day more than it did in the same period last year. 

 

MSM is all bullshit.

Thu, 01/15/2015 - 17:43 | 5666782 saints51
saints51's picture

Honestly I think demand is not what they claim it too be. Does the IEA use militaries in their equation for oil demand? I would think because that is about the only buyers. 99% of the population is getting poorer by the day so how can demand be higher by the day. I just don't buy it because on ZH we know for a fact how numbers are fudged then later revised.

Thu, 01/15/2015 - 17:47 | 5666816 Rainman
Rainman's picture

Remember .... you are being lied to on a regular basis  .

  Play responsibly !

 

 

Thu, 01/15/2015 - 18:44 | 5667124 lordylord
lordylord's picture

Who would have ever thought that manipulating, taxing, and regulating the shit out of everything would end badly? 

Where is your God now Statists? 

Thu, 01/15/2015 - 19:20 | 5667351 Squid-puppets a...
Squid-puppets a-go-go's picture

Damn! If only the Swiss had a recent opportunity to back their currency with increased gold holdings that would appreciate in such a move, thus compensating their losses on the Euro.... oh, wait

Thu, 01/15/2015 - 20:11 | 5667616 smlbizman
smlbizman's picture

so putin shutting the gas off is a thing of the past? or so trivial today it doesnt even register a "whatch you talkin 'bout willis?"

Thu, 01/15/2015 - 18:20 | 5667027 Anasteus
Anasteus's picture

What a mess! ECB should swiftly reconsider the upcoming QE and start printing Swiss francs.

Thu, 01/15/2015 - 18:33 | 5667094 Winston Churchill
Winston Churchill's picture

Bankers and politicos first,damn the widows and orphans,they will be trampled to death

in the stampede to the boats anyways.

Thu, 01/15/2015 - 17:28 | 5666698 Dr. Richard Head
Dr. Richard Head's picture

Herp before the derp. 

Thu, 01/15/2015 - 17:33 | 5666714 El Oregonian
El Oregonian's picture

Oh, is this what they call a "CASH-tastrophy?

no thanks... I will stay with my 'precious'... metals...

Thu, 01/15/2015 - 19:17 | 5667333 waterwitch
waterwitch's picture

...as well as 'precious bodily fluids'.,.. :D

Thu, 01/15/2015 - 21:58 | 5668169 Lets Buy The Dip
Lets Buy The Dip's picture

great charts.

These guys have been calling the dips accurate, and  use sentiment timing.....is this just a dip, or something more SINSISTER!?? SPX TRIANGLE breaking down Chart here ==> http://bit.ly/1B4K0wk

Thu, 01/15/2015 - 17:29 | 5666682 new game
new game's picture

ever headshot a deer? it moves around as the cpu quites functioning but the body contorts. sound like oil? swiss econ? 

Thu, 01/15/2015 - 17:48 | 5666827 The Big Ching-aso
The Big Ching-aso's picture

If all this was a prostate exam my tonsils would be getting massaged.

Thu, 01/15/2015 - 21:05 | 5667882 stocktivity
stocktivity's picture

I assume the Swiss let Goldman in on the plan before it was announced so they could front run the trade.

Thu, 01/15/2015 - 17:11 | 5666612 Pool Shark
Pool Shark's picture

 

 

What???!!!

A CENTRAL BANK BREAKS ITS PROMISE???!!!

BUT, THAT'S UNPOSSIBLE!!!

 

[*Cash, Bonds, Gold...]

*Note: "Cash" does not include Euro's...

 

Thu, 01/15/2015 - 17:14 | 5666644 mtndds
mtndds's picture

Things must REALLY SUCK if a central bank breaks its promise.  The truth is hopefully coming out now.

Thu, 01/15/2015 - 17:27 | 5666693 mr1963
mr1963's picture

If you're not first, you're last there el diablo. Germany, your move...

Thu, 01/15/2015 - 17:35 | 5666725 Bernoulli
Bernoulli's picture

I would not exclude Euros with a certain country code ("National identification code")

http://www.ibiblio.org/theeuro/InformationWebsite.htm?http://www.ibiblio...

Pick your country.

Personally, I would keep the following bills: X (Germany), L (Finland), maybe some P (Netherlands), some N (Austria), and E-notes (Slovakia)

And I would spend or trade in the following for the above mentioned ones: Y (Greece), Z (Belgium), V (Spain), S (Italy), M (Portugal) and G (Cyprus)

Thu, 01/15/2015 - 17:12 | 5666629 ghostzapper
ghostzapper's picture

The Pump was a reaction to projected free heroin, coke, and strippers distributed by the ECB.  The subsequent Dump was the reality that crude remains within its brutal crash channel and no amount of money printing in the world will improve actual demand for crude and the current supply glut (seen by some as intentional).

My View: still expecting countertrend rally to emerge from 40-45 zone.  More pain first.  Not sure on strenght of bounce I give it the 10 week max. 

Thu, 01/15/2015 - 17:26 | 5666694 new game
new game's picture

what proceeded the '87 crash? oil prices crashed...

Thu, 01/15/2015 - 17:33 | 5666717 Pool Shark
Pool Shark's picture

 

 

And so did housing.

 Déjà vu all over again?

 

Thu, 01/15/2015 - 17:43 | 5666780 new game
new game's picture

that is an interesting comment as we are at all time 30 year low on treas. 10 yr not far behind. i see an opportunity. lower fha ins, to draw the last buyers to their home bondage. for me refi on deck. patience as 1.25 on 10 year will be a short lived chance, like fall of 12. round tripping to all time lows. difference is prices are way higher, acctually predictable given the math...

 

Thu, 01/15/2015 - 18:58 | 5667252 847328_3527
847328_3527's picture

Greenspan ignored the handouts of millions of subprime houses early on ... that ultimately lead to the housing crisis. Instead of allowing the markets work he and Bernanke manipulated everything to prop up certain assets while allowing others to fall. House prices [like my former $294,000 house which has soared to $785,000 in ten years---ridiculous!] are still seriously overpriced imo.

 

There's will be a correction of these inflated, propped up assets but timing is difficult when manipulators have so much power.

Thu, 01/15/2015 - 19:21 | 5667364 disabledvet
disabledvet's picture

He ignored that the USA could handle the inflation NO PROBLEM.

 

The only thing about tech that those folks understood was the rotary telephone...and maybe a Hollywood movie or two.

"A laptop computer is clearly too expensive and therefore without worth."

 

If Hank Paulson wasn't TS at tne time what's going on in Chicago, Tulsa, etc...right now would look like a picnic.

Thu, 01/15/2015 - 18:14 | 5666996 ghostzapper
ghostzapper's picture

I hear ya.  I'm not advocating an equity rally overall here though I won't rule it out either in this jawboning environment.  What I'm saying is that it is highly probable and even likely that there will be a countertrend rally in crude.  Nothing goes straight down without some rips.  This does NOT mean I am "bullish" crude it just means I call like I see it.  If said countertrend rally ensues in the vicinty I mentioned yes I could see it flirting with the 10 week only to suck in new longs that are subsequently crushed when the lethal downtrend resumes.

FWIW I see crude sub-40 eventually for quite some time and even possibly sub-20. 

Thu, 01/15/2015 - 20:17 | 5667643 thamnosma
thamnosma's picture

No it will be free like everything else.  Really nice of people to work for nothing to bring you your free oil.

Thu, 01/15/2015 - 17:29 | 5666699 post turtle saver
post turtle saver's picture

y'all about fucked the feathers off this chicken yet? let's check in again at end of March...

Thu, 01/15/2015 - 23:36 | 5668612 risk.averse
risk.averse's picture

check in again at end of March.

BEWARE THE IDES OF MARCH!

Thu, 01/15/2015 - 17:36 | 5666733 XqWretch
XqWretch's picture

Can anyone explain bond yields going down? Especially now that the FED is allegedly not buying anymore of them?

Thu, 01/15/2015 - 20:59 | 5667866 Its_the_economy...
Its_the_economy_stupid's picture

I'll take "foreigners fleeing equity markets for 100. Alex"

Thu, 01/15/2015 - 21:01 | 5667867 Its_the_economy...
Its_the_economy_stupid's picture

dup

Thu, 01/15/2015 - 21:27 | 5668023 gatorengineer
gatorengineer's picture

Euro probably going to Parity...  Potentially setting up a Green day if the EU disappoints ........ weird huh?

Thu, 01/15/2015 - 17:52 | 5666835 gmak
gmak's picture

When the CHF let go, the USD weakened. Oil is priced in USD, more or less, so it went u, first from that then from momo. But, USD started to strengthen after the extreme pop in CHF. As USD began to move up, Oil fell.  Then it kept going.

Any questions?

Thu, 01/15/2015 - 18:13 | 5666980 XqWretch
XqWretch's picture

Yes, when is recess?

Thu, 01/15/2015 - 18:21 | 5667053 DutchR
DutchR's picture

End run?

 

I have no clue, everybody lies (oil producers/governements/all that make money on energy) Ghawar pumping sincd 1954,,, whale, what is the water cut

peak fields, north sea/ mexico/ ?/"

 

What hurts me the most,,,, ONE BLUE MARBLE

 

and why

 

fuck it up

 

Thu, 01/15/2015 - 21:24 | 5668006 gatorengineer
gatorengineer's picture

Can someone explain to me the almost 4 percent spread between Dax and Daq today?  Euro QE only lifting Euro Stocks?  

Fri, 01/16/2015 - 05:55 | 5669265 the tower
the tower's picture

Because the Saudis aren't all that happy with the fact that the USA is pushing ahead with shale, and that Russia is becoming best buddies with China and Iran...

In fact, it's an act of war and if Obama had balls he would cut all ties with the Saudis (and stop fighting their wars) and focus on renewables, and home grown energy.

The side effect would be: an independent USA, no terrorism and a REAL economy.

Thu, 01/15/2015 - 17:09 | 5666597 Mohan
Mohan's picture

WTI @ 46.44

Thu, 01/15/2015 - 17:13 | 5666628 Pool Shark
Pool Shark's picture

 

 

Kitco showing $46.18

http://www.kitco.com/

 

Thu, 01/15/2015 - 19:19 | 5667346 waterwitch
waterwitch's picture

Do I hear $40?  You sir in the blue coat....

Thu, 01/15/2015 - 17:09 | 5666600 ebworthen
ebworthen's picture

Some guy on CNBC actually said "We may be looking at a Black Swan type event with the NASDAQ down 5 days in a row."

Thu, 01/15/2015 - 17:11 | 5666605 hedgeless_horseman
hedgeless_horseman's picture

 

 

If I still believed in technical analysis I would say that the daily for the SP500 looks really bad.  Not quite fire raining down from the heavens, dogs and cats living together bad.  But pretty bad.  Not to worry.  Mr. Yellen will save us!

Thu, 01/15/2015 - 17:11 | 5666619 ebworthen
ebworthen's picture

Intel beat on EPS and revenue but was down 2% after hours.  People eager to take profits and get the F out?

Thu, 01/15/2015 - 17:17 | 5666631 hedgeless_horseman
hedgeless_horseman's picture

 

 

If you get scared, and want to feel better, then just look at the weekly.  It's like the old laminated Ibbotson Charts.

"Everybody gets long, and nobody gets hurt."

 

-Cramer

Thu, 01/15/2015 - 17:17 | 5666655 McMolotov
Thu, 01/15/2015 - 17:29 | 5666692 Pool Shark
Pool Shark's picture

 

 

That's bullish!!!

 

 

[for Walmart...]

 

Thu, 01/15/2015 - 19:15 | 5667332 franzpick
franzpick's picture

hh: Thanks for cutting thru the bs with a picture. My screens suggest that 1 bad day tomorrow, or soon, down just another 2% in the indices, to bear market lower lows at DJIA 16900 minus 320, SPX 1950 down 42, and NYA 10,300 off 215, can end this 2nd leg down from the top, although the macro deterioration, otherwise hiding in plain sight, would justify the equity markets discounting reality with a move twice that, down 4%, including the never-forgotten gap at SPX 1905:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&insttype=&freq=1&show=&time=6

 

 

Thu, 01/15/2015 - 17:13 | 5666630 LawsofPhysics
LawsofPhysics's picture

No worries, our frenemies will buy our paper.

Rally on!

Remember, a select few still have access to as much money as they want at no cost (ZIRP/NIRP) bitches!!

Thu, 01/15/2015 - 17:14 | 5666632 LawsofPhysics
LawsofPhysics's picture

DUp.

Thu, 01/15/2015 - 17:24 | 5666679 stant
stant's picture

She better be getting her feathered head gear and rubber chicken real soon

Thu, 01/15/2015 - 17:44 | 5666793 WillyGroper
WillyGroper's picture

I didn't see any feather head gear, only the potential.

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

Thu, 01/15/2015 - 17:25 | 5666687 Banker Buster
Banker Buster's picture

I would say that's a poo poo face pattern!  Yep, clear as day.

Thu, 01/15/2015 - 17:30 | 5666701 noben
noben's picture

Have no fear, the PPT will soon be here.

Sheep remain calm and think NFL playoffs, the Superbowl, and the Halftime commercials. There ya go... feeling better?

Thu, 01/15/2015 - 17:16 | 5666643 McMolotov
McMolotov's picture

Let's all welcome back the deer. It's been away too long.

Thu, 01/15/2015 - 17:31 | 5666715 new game
new game's picture

da deer gonna get a head shot. i'm getting real hungry. tasty chops, snack stick to go with the poscorn...

Thu, 01/15/2015 - 17:34 | 5666729 Bay of Pigs
Bay of Pigs's picture

And the little bears too...

https://www.youtube.com/watch?v=ozdQm7-zD4M

Thu, 01/15/2015 - 17:56 | 5666851 The Big Ching-aso
The Big Ching-aso's picture

I think a chupacabra should replace the deer these days.

Thu, 01/15/2015 - 20:11 | 5667613 Doomzdaze
Doomzdaze's picture

get out your buttpluz

Thu, 01/15/2015 - 17:19 | 5666669 Kaiser Sousa
Kaiser Sousa's picture

so Silver Down and Gold up today???

yeah - right....

Thu, 01/15/2015 - 17:26 | 5666684 Pool Shark
Pool Shark's picture

 

 

Interesting that Gold was up over 40 Euro's today.

That's nearly a 4% rise in a single day, in Euro terms...

 

Thu, 01/15/2015 - 21:33 | 5668068 gatorengineer
gatorengineer's picture

the old 65x ratio is shot....

Thu, 01/15/2015 - 18:16 | 5667008 wmbz
wmbz's picture

Well, he won't be invited back and will not collect his $200.00!

Thu, 01/15/2015 - 17:08 | 5666602 markettime
markettime's picture

Time for The Fed or ECB to jawbone some QE for a triple digit down gain! 

Thu, 01/15/2015 - 17:09 | 5666603 Automatic Choke
Automatic Choke's picture

"Swissnado"   ROFLMAO....ha ha ha ha <cough cough>. 

Thu, 01/15/2015 - 17:11 | 5666625 MarkD
MarkD's picture

I know..... that was a good laugh

Thu, 01/15/2015 - 17:09 | 5666606 pachanguero
pachanguero's picture

wow, hedged with AU?

Thu, 01/15/2015 - 17:11 | 5666610 Barnaby
Barnaby's picture

Good thing Jason Bourne cashed out during the first movie.

 

As we all did.

Thu, 01/15/2015 - 17:10 | 5666613 Eagle Keeper
Eagle Keeper's picture

Does this mean that when oil bottoms out stocks will shoot up again?

Thu, 01/15/2015 - 17:11 | 5666617 williambanzai7
williambanzai7's picture

Davos anyone?

Thu, 01/15/2015 - 17:12 | 5666620 Kreditanstalt
Kreditanstalt's picture

They don't know at to do, do they?

 

LOST yield-chasers perplexed by volatility

Thu, 01/15/2015 - 17:12 | 5666622 Tsar Pointless
Tsar Pointless's picture

TYX at record lows. Again. Wow.

Something wicked isn't coming this way. It's here, and it's pissed.

Thu, 01/15/2015 - 17:27 | 5666688 Bell's 2 hearted
Bell&#039;s 2 hearted's picture

it takes forever and a day ... and then all at once

 

do TPTB have a stick save (or two) left??

Thu, 01/15/2015 - 17:13 | 5666623 Banker Buster
Banker Buster's picture

I laughed hard on the "need $$$$ to BTFD"

Thu, 01/15/2015 - 19:24 | 5667369 waterwitch
waterwitch's picture

New acronym: STFH

Thu, 01/15/2015 - 20:04 | 5667576 malek
malek's picture

Your a tiny bit late.

It's called STFR (and rhymes to the other one)

Thu, 01/15/2015 - 17:11 | 5666626 bnbdnb
bnbdnb's picture

ECB, Ctrl-P.

Thu, 01/15/2015 - 17:13 | 5666633 nuubee
nuubee's picture

Why is it that that 100 DMA on the S&P shows soooo few points below, and soooo many points above? It doesn't sound like much if an "average" if it comes in squarely below the median and (presumed) mean.... Sounds like it's already a fluffed up stat, realistically we've been below the DMA for a while.

Thu, 01/15/2015 - 17:18 | 5666668 i_call_you_my_base
i_call_you_my_base's picture

Because over that 100 days, it was a pretty big jack up, so the majority of days would have been below now, meaning the average would be lower, and current points would hit above.

Thu, 01/15/2015 - 19:20 | 5667331 nuubee
nuubee's picture

Not when I look at it, the whole plot is over about 200 days, so it should have corrected up.

Ah, I think I see.. their "centering" for their average is always behind the current point. That's misleading imho.

Thu, 01/15/2015 - 17:13 | 5666637 kchrisc
kchrisc's picture

Smith: What happened, Mr. Murdoch?

1st Officer William Murdoch: An iceberg, sir. I put a hard a'starboard on the engines, full astern, but it was too close. I tried to port 'round it, but she hit.

Smith: Close the watertight doors.

1st Officer William Murdoch: Doors are closed, sir.

Smith: All stop!

Smith: Find the carpenter. Get him to sound the ship.

1st Officer William Murdoch: Yes, sir

The banksters need to repay us.

Thu, 01/15/2015 - 17:18 | 5666660 NoWayJose
NoWayJose's picture

Yellen is going to have to pull out all the attachments on her Fed-issued Swiss Army Knife in order to fix this one!

Thu, 01/15/2015 - 17:18 | 5666662 Soul Glow
Soul Glow's picture

It's a cold day in Greece. 

Thu, 01/15/2015 - 17:19 | 5666670 Keltner Channel Surf
Keltner Channel Surf's picture

Once had TLT, and it was divine
Then I went short, now I’m losing my mind
It seemed like a sure thing but I was so blind
Mucho mistrust, as the Fed ‘unwinds’

Once I had QE, and it was a gas
Soon turned out to be a pain in the ass ...

Mon, 02/02/2015 - 16:14 | 5668821 cents gradeschool
cents gradeschool's picture

It sounds like the HAwk is working his lil hiney off so he can retire in Australia? What's got you spooked about the 'Blue fin' [IJS it's beautiful/sparsely populated/owned outright/has more water, so what's not to love] ? AND it's close enough to Bamalandia that you could expect to get some peace once in a while by sending me and the Death Star to see Granny and Aunt Linro lol. [But seriously, if you think it'd be too close to DC's nuclear fallout or something, then I'd trust your judgement.]

Thu, 01/15/2015 - 17:20 | 5666671 SandiaMan
SandiaMan's picture

When the price of Gold surpasses Platinum you have war from history past.

Thu, 01/15/2015 - 17:26 | 5666685 khakuda
khakuda's picture

I have thought for awhile that this was likely if ECB did QE.  Draghi would have broken the Swiss Bank.  They had no choice.

Sadly, I also think the collapse of the Yen is ensured, triggering a global rout.  I hope I'm wrong.

Thu, 01/15/2015 - 17:29 | 5666706 Bell's 2 hearted
Bell&#039;s 2 hearted's picture

probably ... but i got a feeling the yen gonna see a big (short covering) rally ... soon

Thu, 01/15/2015 - 20:20 | 5667670 khakuda
khakuda's picture

True. Wouldn't surprise me at all. Nothing does anymore.

Thu, 01/15/2015 - 17:27 | 5666689 SheepDog-One
SheepDog-One's picture

'Dont worry Manollo....another qualude she market gonna love me again!'
Tony Monyellin.

Thu, 01/15/2015 - 17:42 | 5666777 Vincent Vega
Vincent Vega's picture

+1 for the Scarface reference.

Thu, 01/15/2015 - 17:33 | 5666726 Bold Eagle
Bold Eagle's picture

SNB reminded us once again why gold is better as a store of value than any fiat.

Thu, 01/15/2015 - 17:39 | 5666762 Paracelsus
Paracelsus's picture

I remember when Lloyd's was shearing the aristocracy in the UK,and there was a raft of suicides among the gentry.With this oil price collapse and now the Swiss Bank,some banks will have to be hurting.

The problem seems to be the new omnibus bill which will put the US taxpayer on the hook for the toxic derivatives they use to hedge these trades.An unregulated market,with no central board to show exposure,and the ISDA committee decides if a default has occurred or not. What could go wrong? 

Thu, 01/15/2015 - 17:42 | 5666790 Dead Canary
Dead Canary's picture

Rally on Wayne.

Rally on Garth.

Thu, 01/15/2015 - 17:44 | 5666791 Bernoulli
Bernoulli's picture

Just watching CNBC.

What I just HATE (!!!) is when people start their answer with "Look, ..."

Just now it is some idiot called McVey and yesterday some young chap. So fucking arrogant.

WTF! Don't tell me to "look"! I will NOT LOOK!

Thu, 01/15/2015 - 17:55 | 5666841 Dead Canary
Dead Canary's picture

I also hate:

"I think its crystal clear...."

"What he's REALLY saying is...."

"There is near consensus among scientists...."

"Experts agree...."

"Studies have shown...."

Thu, 01/15/2015 - 18:17 | 5667014 Victory_Garden
Victory_Garden's picture

Tis better to intensely dislike something, than it is to create the harsh karmic hate energy in written or worse, spoken word. Say, you really really really dislike something and the kick back karma is no where near as bad as that which holds the hand of hate. Like a sailor uses the winds for easy travels, so does the conscious heart that uses the spiritual winds to succeed in the material world.

All clear.

Thu, 01/15/2015 - 20:05 | 5667580 knukles
knukles's picture

"MOAR doctors recommend Camels than any other cigarette"

Thu, 01/15/2015 - 20:04 | 5667577 JamaicaJim
JamaicaJim's picture

whaddya got watchin cbnc?

400-500k?

lots of those on drone mode...data scroll....

about 100k actually listening....and out of those....the vast majority dumbos....

so..they speak to dumbos...let 'em....

cnbc's commentators - for years - have sucked ass big time. Kramer should be shot. By a big gun.

Thu, 01/15/2015 - 17:53 | 5666848 Kprime
Kprime's picture

Look, Loook.

Thu, 01/15/2015 - 18:40 | 5667139 SheepDog-One
SheepDog-One's picture

When I hear them say 'Look...' That to me means 'OK I'm seriously losing my ass here!'

Thu, 01/15/2015 - 20:02 | 5667567 JamaicaJim
JamaicaJim's picture

Dude.....chill mon...have a smoke on mi ~

Irie

Thu, 01/15/2015 - 20:21 | 5667671 Ban KKiller
Ban KKiller's picture

"I'm like...". "She's all...". "That being said...". "Reach out to you...". IF you use any of these you sound like an idiot, no, really you do. Fuck that shit. Now, that is language. 

Thu, 01/15/2015 - 20:39 | 5667766 GeezerGeek
GeezerGeek's picture

I'm like really bummed out that you're so dismissive of these sorts of phrases. That being said, you of course do have a right to your own opinions. But if I ever catch you dissing people who use these phrases, I'm going to reach out to you with a baseball bat.

:-)

Thu, 01/15/2015 - 17:46 | 5666808 JenkinsLane
JenkinsLane's picture

Dude, where's my Bullard?

Thu, 01/15/2015 - 17:48 | 5666829 walküre
walküre's picture

Lagarde was sideswiped by the SNB move? Hard to believe Thomas Jordan didn't run this by the cabal first. Isn't Lagarde a defacto Swiss citizen anyway?

Swiss incomes just went up 20% vs. the German economy. New German cars in every Swiss driveway this Spring.

Bullish for Germany!

Thu, 01/15/2015 - 17:55 | 5666853 besnook
besnook's picture

apparently the swan is not black enough, more midnight bluish.

Thu, 01/15/2015 - 17:58 | 5666870 philosophers bone
philosophers bone's picture

We need a ZH dictionary.

"Nailgunned"

"Shitgum"

"We [insert any word here, but make it a past tense verb] some folks"

"______nado". 

Now I've heard of a "Sharknado" and now a Swissnado.  Can you have any kind of "nado"?  Pussynado?  Other suggestions?

Thu, 01/15/2015 - 18:20 | 5667040 Scritchy
Scritchy's picture

Defenestrate-nado.

Thu, 01/15/2015 - 18:28 | 5667073 walküre
walküre's picture

NIRPNADO

DEFAULTNADO

RESETNADO

Thu, 01/15/2015 - 18:44 | 5667153 RaceToTheBottom
RaceToTheBottom's picture

Gnomed.  As in I just got Gnomed by some freaks from Zurich....

Thu, 01/15/2015 - 18:43 | 5667154 RaceToTheBottom
RaceToTheBottom's picture

duped

Thu, 01/15/2015 - 19:32 | 5667414 Esso
Esso's picture

Dupe-nado.

Thu, 01/15/2015 - 20:19 | 5667653 Ban KKiller
Ban KKiller's picture

Yes, it is time for more banker deaths. Insiders are ratting each other out...

Thu, 01/15/2015 - 21:39 | 5668091 gatorengineer
gatorengineer's picture

Putinado, Obamanation come to mind....

Thu, 01/15/2015 - 18:07 | 5666945 don in maine
don in maine's picture

Russia to drop Ukraine pipelines, going to Turkey instead.

 

http://www.bloomberg.com/news/2015-01-14/russia-to-shift-ukraine-gas-tra...

Thu, 01/15/2015 - 18:27 | 5667077 ross81
ross81's picture

and after that, cut all gas to the little Hitler-worshipping fucks.

 

oh Vlad, you little genius.

Thu, 01/15/2015 - 18:06 | 5666946 arby63
arby63's picture

Bullish! Buy the fucking swiss cheese slaughter!

Thu, 01/15/2015 - 18:09 | 5666952 Victory_Garden
Victory_Garden's picture

Why golly gee whiz, a little more electric kool-aid, a pair of three-D glasses, and a whooooole lotta day-glo would make these charts really be farrrrrrrr ouuuut, man!

Thu, 01/15/2015 - 18:14 | 5666991 One of We
One of We's picture

Don't devalue me bro....

Thu, 01/15/2015 - 18:21 | 5667042 Last of the Mid...
Last of the Middle Class's picture

someone buying contracts to try to stabilize the drop? Saud says "pump" he who has the oil has all the cards. 

Thu, 01/15/2015 - 18:24 | 5667066 walküre
walküre's picture

Either Swiss join the Euro or Deutschmark coming back this year. There is no other way.

The French ATMs and most merchants displaying on their receipts the EUR and the FRF. Not sure if this is a new policy or if they never adopted the EUR 100%.

 

Thu, 01/15/2015 - 18:30 | 5667080 q99x2
q99x2's picture

I'm still stuck on the deer photo. What has bothered me all these years is that if the photo is a representation of a deer caught in the headlights of an oncoming car WTF is the car driving into the woods for? Plus that deer ain't going to get hit by the car because theres a freakin tree just to the left of it.

Thu, 01/15/2015 - 18:43 | 5667145 CunnyFunt
CunnyFunt's picture

Muppets get hit by cars.

Bambi gets shot by hunters at night.

https://www.youtube.com/watch?v=Cu_0h2GZXJQ

Thu, 01/15/2015 - 20:10 | 5667611 roadhazard
roadhazard's picture

spotlighting

Thu, 01/15/2015 - 20:13 | 5667626 the not so migh...
the not so mighty maximiza's picture

i live up in Dutchess coutney NY, When i left this morning, they were all over the front of my yard.  They are looking for food or something, as i am warming up my car they are about the come over to my window,  definitly they are looking for food in the road in that photo. 

Thu, 01/15/2015 - 19:01 | 5667270 thegr8whorebabylon
thegr8whorebabylon's picture

http://vigilantcitizen.com/vigilantreport/economist-2015-cover-filled-cr...

New theory, while we are mesmerized by the crash, ptb enact draconian laws.

Thu, 01/15/2015 - 19:54 | 5667528 Bunga Bunga
Bunga Bunga's picture

Soaring Swiss franc stirs panic among Polish mortgage holders

http://www.businesstimes.com.sg/government-economy/soaring-swiss-franc-s...

Thu, 01/15/2015 - 20:23 | 5667674 Joebloinvestor
Joebloinvestor's picture

This kind of dwarfs the carnage that was proclaimed had the gold referendum passed.

Fri, 01/16/2015 - 00:15 | 5668752 FreedomGuy
FreedomGuy's picture

You know what you do in heavily manipulated markets?

Neither do I.

I am at the point in my life that I am tired of the slow drip suffocating Chinese water torture death. Let it all break. Let the mayhem begin and let's see if we are any smarter in putting it all back together.

Odds are about 90% we won't be smarter and the wrong people will be dead, but at least the status quo will break and these is a chance.

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