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Yellen, We Have A Problem
Just three things to consider: "The Fed doesn't matter?" - so just ignore the correlation between Federal Reserve balance sheet expansion (flow) and S&P 500 performance tumbling lower. "Earnings don't matter?" - because for now, stocks are entirely ignoring the three-month plunge in consensus EPS expectations. "Macro fundamentals don't matter?" - because if they did, US equity prices would be collapsing. Trade accordingly...
It's the flow, stupid...
It's the earnings, stupid...
It's the economy, stupid...
Charts: @Not_Jim_Cramer and Bloomberg
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Yellen is hoping that the FED can win the next 100 consecutive power balls to keep the ship afloat!
But Leon Cooperman is bullsih .. http://hedgeaccordingly.com/2015/02/omega-advisors-founder-leon-cooperma...
fuck you Yellen
today I realized after paying my taxes that if you dont have a mortgage loan or a 401k (basically of you dont take on debt), uncle sam will kill you in taxes to force you to go in debt (Panzi Scheme)
its good to be poor or rich in Merika but not a middle class person! maybe it is time for m e to pull myself out of the work force
Now, now, now then. Calm down. Think of it as being rewarded for being in debt. Come on, just do it. You'll get a tax refund...see isn't that better?
Think of it as being rewarded for being in a debt slave. There fixed it for ya.
for those paying taxes on line it seems data has been hacked and well refunds have been sent to others than the tax filers ..IRS says due to lack of funding it could takes months to correct the stolen accounts..have a nice day.
They forgot to tell you that they were ones responsible for breach in the first place, they needed the money.
You gave me chills. Amazing how every single f*cking choice we have to make leaves us worse off.
We could eat wholesome food, but have to pay through the ass for it. They scrap all the used cars with Cash for Clunkers so we have to take a hit either on way overly expensive cars with features you don't need or pay an exorbitant amount for one of the few POS used cars that remain.
We are constantly herded through our cattle gates to be harvested. Similar to what you said, my credit report tells me how I can raise my credit score and it's trying to tell me that if I take on hundreds of thousands in debt to buy a house, it shows I am responsible so then my score goes up. Fat chance of me doing that.
This is one sick system that leaves you with very few "choices".
i got ripped off by Uncle Sam cuz I don't invest in their BS 401k and fuck Their real Estate BS cuz i do not want to be trapped in the matrix
boy they Ripped me off today but i am not taking on any debt BITCHEZ
fuck you central banks
fuck you tribe
Why did you pay today? You are giving the government your money too early.
did not pay yet , just went to my tax man to see what i am facing
paper work is done but i am no sending the check until Apr 15
1726 pay in, my reward for not conforming. that doesn't include illegal tax penalty for being self insured... fuck the cock suckers and their sick system of freedom by taxation. or taxation without reppresentation. did the math though and i'm pay 6 percent of income. pays to be low income and living frugal and that is true freedom...
oh, fuck the fed, bitchez...
Pay in all pennies shipped freight.
I've been actively throttling back on work, literally killed off 1/3 of the product i put out as of Jan 1. Naturally I picked the weaker products, but with taxes pushing past 40%, the incremental value of those last dollars earned simply weren't worth my effort given nearly half was going to the government. I'll happily work less and starve the beast a little at the same time.
You want me to be poorer, Obama/Yellen? Fine, you're only hurting your own fucked-up system.
Hmm, not really. Our taxes are only a control mechanism. For really spending cash they just *poof* it out of thin air.
" pull myself out of the work force "
The local zookeeper said the same thing. Likened it to being stuck in an elephants ass.
Now that's a shitty job.
Nah, The SheKing is just waiting for the ECB Printing Presses to start up. Fed needs some of the money back before they get audited.
print Mo Money.. Mo Money.. NO PROBLEM!
Print to save us from winter, damn winter !! damn Putin, Damn kids. They're all alike.
This is our world now...We, in the business, like to use the technical term, moar, moar money.
I wonder how long before the Fed starts adding gold to it’s reserves to stabelize them.
/SARC
true story - i worked for a guy that worked for the fed (IT projects mgr. type), i did some stonework at his lake house.. he told me the fed does store plenty of gold, and jools too :-) I believe him. Anyway, he's retired living beach front... "all this i promise you and more, if you'll bow down and worship me..." :-)
ps - you and the stick figure guy at the computer terminal have the best "avatar"s on here, cracks me up everytime i see them, and humor helps poor folks get thru...
You haven't seen bouncy weiner guy (forget his handle).
When CONgress and the department of justice start going after those "arsonists" like china...
http://www.cnbc.com/id/102410071
From what I recall it was about 30 years ago or so when they decided to take the bondy route and set it in stone.
Im sure the Banksters are using the Central bank to depress prices of phys so they can stock up for later. They know whats coming. They designed it this way.
"Yellen is hoping that the FED can win the next 100 consecutive power balls to keep the ship afloat! "
Yellen says the odds of winning the lottery are 50/50. Either you win, or you don't.
Sad thing is, they can...
Treading water is the new 'killing it'.
If the S&P keeps up this performance it might even be able to withstand an interest rate increase from the Fed later this year.
The Fed's underwear is showing.
<I see London, I see France. I see Yellen's underpants.>
The good news is Janet's also doubles as a parachute.
LOL
So the Fed's going to be able to manage a soft landing based upon Janet's bloomers? :-)
You'd be surprised at the cushion Depends has.
.
Thats a terrible thing to implant in my mind can i get some bleach and wipe that image from my memory gross
http://www.eyebleach.com/
-1 for not adding a disclaimer that the "alternate" link is for the fudge-packing crowd on ZH (ie: dudes). +1 for the regular link with the hotties. Therefore i did not rate your post since i cancelled myself out.
been bleached
+1 Pods...well done.
I'll never be able to unvisualiize that. UGH!
Geronimo!!!!
This makes a difference? Any sign of trouble for stocks and the Fed just orders JPM, Goldman and Citi to buy boodles of S&P futures in their proxy trading accounts at each and another day of gains. It's so simple, only an idiot can do it.
i wish someone had the countless hours to figure out how long before the FED balance sheet drops 20% from current levels. afterall, all the treasuries and MBS they have will be maturing at some point. one would even think that a lot of the QE1 debt that was purchased will be redeemed in short order.
nope, folks, we got some problems that will only resolve themselves with dow 15000 and spy to 1700...rug tyme.
I love your optimism. If these problems are resolved with Dow 15000 and SPY 1700, I'll be happily surprised. Cut those both in half, though, and I think you're closer to where we're headed when the SHTF.
first stop. then qe4...
I don't even read these any more, something goes down, I assume it's time to buy. Same goes for UPs.
In Federal Resereve LaLa land only stocks matter. And that they keep going up.
Unlimited debt. Everything else is fantasyland.
Yes, skittle pooping unicorns do exist and their at the command of the US Federal Reserve via Janet Yellen and William Dudley.
Who cares about EPS or fundamentals? They are going to keep priming this pump until is blows up.
The truly "wealthy", you know, those self-proclaimed "job creators" had better start spending. Everyone else is fucking insolvent.
Moreover, I wonder why any profitable business cannot access hundreds of billions at zero percent interest like the bankers and financiers...?
fuck em.
You just have to take the class, get a job with a licenced firm, wait for the call, make the deal, close the deal, collect on the deal, and then hope the deal gets paid back. Or you could just start a hedge fund and consult your way to the top, I heard that on the internet, and you can't lie on the internet, I heard that on the internet too.
Who says you need to be profitable? None of these other fuckers are.... See the cheese truck story for starters...
Something can only go up for so long, and the bigger they come, the harder they fall. I'm hoping the markets continue to levite so I can better plan the most face-ripping short of alltime. When this ends only a handful of people will wind up rich, and they will mostly be shorts -- the rest losing all their paper profits. It has to work that way by definition. Timing is what everyone should be studying and focused on.
the Goy won't be allowed to profit from shorting, you will have to have tribal papers to short. SEC rule 69er
On your mark, get set, ......
I don't know, man, I still think we have another round of QE and a few more years of this. There will be a saturation/breaking point where QE doesn't matter, and we are not there yet (e.g. if the FED announces a QE tomorrow markets will spike for the rest of the year). We'll know we are at the end when QE doesn't cause spikes or any excitement, and even a sentiment of sickness.
Yea I guess you can relax in life once yer, west of the Mississippi.
Why do I feel we are in the eye of a Class 4 hurricane and the shit storm is going to hit us on the other side.
"Trade accordingly:. I am ready!
starting my own business.
dehydrated rat meat.
very nutritous.
(flavored with an extract of castor oil beans)
remember that jbl100 poster(speakers)? yea the shit is coming with velocity!
Your going to have a job on your hands yellen when just more than 5% of us know about this shit darling.
It doesnt need saying, but anyhow, you have no idea what is coming your way. Dog fucking himself wont help you cunt.
Enjoy it sweetheart, you fucking earned it.
;-)
We really need some of the Fed governors to come out and talk their bullshit.
Oh, quit your Yellen'. It's too late.
"It's the economy, stupid..." ....what's an economy...is that where you print money for the richest and give it to them for free or negative interest? Is that where you give bankers outragous bonuses to blow up the financial system? Is that where Washington politicans makes rules for the richest/bankers and then get a job at the bank/Private equity as a reward afterwards?
As we know according to Clinton and Obama...."you didn't build that"... only the government does!
Is Google buying Twitter? Anyone know anything?
not sure, but I'm in for titter and twater
Guillotine lives matter.
The banksters need to repay us.
Bullish! going all in! Bought the dip every time and you can't go wrong! I'm RICH RICH RICH! Till the margin calls .........ops I did it again
When (not if but when) the violence comes, a lot of people are going to be identified and drug into the street. And terminated.
With extreme prejudice
I would help pay for that to happen - you know - provide a donation towards wages - hot meals and such for those doing the dragging. There's no free lunch.
The markets are always slow to react.
The sub-prime defaults started in 2006 the crash came in 2008.
Home prices softened in 1926, car sales dropped in 1927, construction leveled off in 1928, the crash came in 1929.
The FEDs first round of QE came in 1923.
Sound familiar.
I think Yellen's a bloke....
Yellen is the problem.
Look Janet, if you'd stop bidding the market and 'fess up to that $10T balance sheet you have (not the $4.2T you're lying about), we'd all be a little better off.
Care for an auditor Janet?