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"Do You Believe In Second-Half Miracles?"
They are at it again... The 'smartest people in the room' have once again taken the big board-eraser to GDP growth expectations... but have no fear, for what Keynesian aggregate demand can't pull forward into Q1 will surely unleash pent-up demandedness in H2 to save the year...
So, do you believe in miracles... again?
h/t @Not_Jim_Cramer
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And the markets up ...
Q1: No Viagra
Q2: VIAGRA
I just adopted a cat from the SPCA a couple weeks ago- kids have been begging for one. I forgot how much fun it is to drive a cat into a frenzy chasing a laser pointer dot on the floor.
It's a perfect analogy. We're the cat. Guess who's running the laser pointer.
Cats have a lot moar sense than we do however.
MOAR MEOW
Yellen at the 1 yard line, 1st and goal. She drops back, FAKES a hand off to fundementals? Throws to Obama - INTERCEPTED BY REALITY! THE BANKERS WIN THE SUPER FUCK ALL BOWL
its called fiscal stimulus. barry will send every household a check for $2000. once you hit $10 trillion in debt, does it matter. and, at $18 trillion, whats a few extra hundred billion. afterall, the Fed needs to buy debt so it can print moar money.
$2000 will be enough to fill your gas tank. You will need a wheel barrow....more like $200 Million....The Yen, Drachma, Turkish and US Dollar will be par
Every household that earns less than $60K, that is. The rest are "wealthy" and deserve to have more taken from them for working smart/hard. At least according to Dear Leader.
https://www.youtube.com/watch?v=xgnKZJV0aNE
Really obscene but they clearly believe that if they forecast correctly it will create some sort of self-fulfilling cycle...if they actually believe this and didn't have a second set of books somewhere, we would be well on our way with rate increases...
If you double down you only get back to where you started. Go 4x FTW!!!
If you lose one bet, double and make the same bet again. eventually you have to win. Right?
The recovery is just around the corner..... corner....... corner........
That's funny there.
Fucking piece of shit mother fucker double post. I bet the same shit happens in the calculation of GDP.
..in a parallel universe far far away.
..in a parallel universe far far away.
It's like 3:00 into the first quarter of the game, coaches already talking about deflating some footballs in the 4th quarter to save the game.
What a shit shower this is.
i also love how all (except santelli) were all fast to throw out the shit-stained 4th Q GDP print we had since ya know, it was soooo last year. had it been a solid #, they would have said how we are building momentum as we head into 2015.
these ass-clowns only pick & choose the data they wanna talk about and discard the important ones if they don't fit their narrative. MSNBC/CNBC - i can't tell the difference at this point. oh wait ...
everything is peaches and cream with these assholes. That, or the end of the world is nigh. I'm sort of an end of the world guy, myself.
"Half a truth is often a great lie."
- Ben Franklin
I personally believe in perpetual disappointment, hopelessness and despair.
It is a miracle that Corzine isn't in jail?
Not at all. POS, X-Goldman and part of the Crony network. They don't do jail.
Bullish. Just because the markets are starting off slow doesn't mean they can't finish strong. BTFD and let her rip. BOOYAH!
Doesn't matter if I believe in miracles. DOW is on an non stop march to 18k
Again? How many more times do they have to get it there?
Just bump up interest rates and see what happens.
The only thing keeping this POS market at such ridiculous levels is ZIRP. When ZIRP ends, if ever, we will then return to some level of sanity. Personally, I don't think it will ever happen- we are nothing if not a giant, dead money version of Japan.
It will snow somewhere and totally ruin their perfect predictions...