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Mario's Pepperoni Pizza Pie Delivery
The StealthFlation macro market minute WAG:
As far as next week goes, I'm tossing up the notion that the market will run up until Mario delivers his large pepperoni pizza pie on Thursday, probably spike right after his piping hot delivery, and then the crust will cool a bit into the close.
Friday will be a volatile rising & falling dough dippy day. The market will close out the week at the low end of the session's trading range heading into the all important election in Athens. Hold the Greek olives, Italian sausage and Spanish onions.
If Tsipras is elected over the subsequent weekend, which seems likely according to the latest polls, all hell breaks loose next Monday, and the selling intensifies during the week, until finally a new restructured Troika deal begins to privately take shape and publicly emerge.
My WAG is that the timing of how quickly the new deferred debt deal materializes will depend heavily on how rapidly and deeply the global equity markets sell off. I'm looking for 1935 on SPX, before a huge rally begins off of the Troika-Athens debt restructuring resolution, and eventually new market highs are made early March.
The other possibility is that none of the macro stuff really matters here, since, despite a peppering of decent backward looking data points, the large institutional players have already begun distribution out of Equities into Bonds, as they now fully appreciate that the U.S. and global economic growth picture is fading fast and cooked to a crisp.
As usual, it will probably be a combination of macro, momo, and fundamental, but the terrified timid trendos will have nowhere to hide.
My overriding view is that the market won't completely fall apart until it becomes crystal clear to all involved that the true condition of the United States economy is actually dreadful, at which point even the FED will no longer be able to goose the market into that entirely understood reality.
Remember, this is just a WAG on my part, for the fun of it. Be careful out there, don't slip on a greasy Kalamata olive.
Good Luck, and be sure to wash it all down with some golden ale!
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Just got off the phone with a buddy in Athens, the Gexit isn't in the cards. There is a lot of grandstanding but the man on the street doesn't want to leave the EU. The opposition party, despite the hype, will not win.
Who said anything about a Grexit?
Tsipras, once in, is set to press the bet on the debt, restructure and defer the existing deal with the Troika.........which the ECB is clearly terrified of............judging by all the fear mongering going on, threatening ATM shut downs....
Enough is enough with these Ponzicrats. Bring on Grillo, Le Pen and Farage............
Mario, make it a large polonium with extra sleaze delivered hot and fresh to all CB's.
When you think about how Russia feels with ZATO backing up to their door in Ukraine, I magine the Fury if Vlad does a deal with Greece!
"You can't do that! Greece is in ZATO! The Euro!"
"Why not? You have invaded Ukraine."
"Well, its...its not fair!
Hey, I wish some Turkish generals would start the same thing BECAUSE the Greeks are doing it. Profits for the MIC either way. (Canada should offer them their F-35s. A real deal)
all this is just like the stalin era lunacy of collectivization (and other) programs , in the ussr, where those in charge kept stuffing more and more bullshit , misery , and desperation into a completely fucked up and unnatural system .... to make it look like it was working .....because they thought it should work.....because they said it would work ......well.. ...it never worked and it became one of the worlds biggest famine tragedies and cost the lives of some 15 million people and ruined russian agriculture and food production for decades ..
hmmmm... unelected, undemocratic, beauracrats instituting and running their own massive intervention programs , which is patently failing , that totally affect our lives and lifestyles , and in which we have absolutely no say ? ........where have we seen this before, ....and .... what could possibly go wrong?
Hey Celticgold? Did you hear that a librarian in Crimea was heavily fined for having books about the Holodomo famine on her bookshelves. Yes, according to the Russians THIS NEVER HAPPENED. Stalin was a great man and it has been lies for over 9 decades about the Holodomor ever happening. The Russians think it was bad hygiene or something that killed the 2.5-7.5 million Ukrainians.
Ale! Ah! Kristal Weizen more like it.!
Switzerland has WMDs and Niger Yellow-cake!
Invade those bastards and install democracy!
And take their gold into "protective custody" as well.
The banksters need to repay us.
s/
draghi doesn't look like tony pepparoni. he looks like the count from sesame street
draghi should play batman in the next batman movie, he wouldn't even have to wear a mask.
and now that the vatican doesn't even control the vatican bank anymore maybe draghi will become orthodox? hmmmmmm
all of a sudden greece and russia make a pretty good couple
The layoffs in energy and retail sector already seems to be under way. Bankruptcy fillings are already happening. The small guys are selling because they have to. When will the big guys sell because they have too.
My buddy owns a oil field service company and he laid off all 50 employees this week here in Oklahoma sounds pretty real and the markets going up and we are on the verge of a war hmmmmmm
buy the rumour sell the news.
Wow this sounds like the fun keeps going and no crash unbelievable march you know this bullshit gonna continue with the central banks forever and the honest hard working people like myself will be miserable till the cows come home. Makes me want to join in on the party and just loose my eyhics they just dont seem to pay off any more
Draghi blackmails Greeks
Drachma!!!!
With the SNB pulling the plug on their peg - Mario is sure to deliver an extra large stuffed crust pepperoni with mushrooms, anchovies, sausage, and extra cheese. Bankster pizza party, with the bill sent to the taxpayers of course.
The taxpayers will do all of the work and deliver the pie, but instead of a tip they'll be stiffed and only get a boot in the ass like this guy:
http://www.liveleak.com/view?i=030_1421237536
and Germany says auf wiedersehen to the Euro.
Mario is going to deliver the pizza hot and fresh and slap it right in Germany's face.
As far as Greece goes, given the manner in which the West has dealt with Libya, for example, I'd expect a military junta in Greece with an extremely dirty war against the "communists" soon.
I'm not in favor of it, but just what makes the Greeks so fucking special?
Pay up or it's jumper cables.
Greek history the last few decades make some kind of a Junta likely, exactly who will lead the parade is yet to be determined....
(deep inside Gladio secret HQ)
"Vlad may be pushing to get the Greeks onboard. We must act!"
"Hear! Hear!"
"He has neutralized our Ukraine move with a counter-move to our underside in the Aegean!"
"Hear! Hear!"
"My friends, now that the vote is done, we must act. The Greek Army will overthrow the government at 1100 tonight! There will be NO Russian sailors on R&R in the Greek Isles!"
"Hear! Hear!"
EU members are going to end up eating Mario's Deep-Sh*t-Dish pizza.
I'm thinking an ambitious, young general who can start on Monday and has his own jumper cables.
I'm thinkin ur gonna fail.
As I said, these "techniques" are part of the West's arsenal.
Will the West quietly acquiesce to total failure in Greece that cascades across the EU?
Sometimes you have to shoot an admiral to encourage the others.