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1998 Redux: The World According To Bulls

Tyler Durden's picture




 

It's different this time... "decoupled" "cleanest dirty shirt" "goldilocks" - oh wait!

 

h/t @RudyHavenstein

 

There's only one problem with that...

 

So buy Europe, right?

 

Wrong!

 

Nothing matters except central banks... for now.

 

Charts: Bloomberg

 

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Sun, 02/22/2015 - 18:22 | 5816203 Cognitive Dissonance
Cognitive Dissonance's picture

The classics always come back into vogue.

Sun, 02/22/2015 - 18:24 | 5816212 Newsboy
Newsboy's picture

Wait a minute; what's that new BRICS Bank currency gonna be called?

Sun, 02/22/2015 - 18:29 | 5816240 Buster Cherry
Buster Cherry's picture

Rubles

Sun, 02/22/2015 - 18:51 | 5816345 Bindar Dundat
Bindar Dundat's picture

I hear a fat lady singing  - " You don't Bring Me Flowers""

Sun, 02/22/2015 - 20:30 | 5816632 Four chan
Four chan's picture

im waiting for zh to be right..is this the 7th year already?

Sun, 02/22/2015 - 20:01 | 5816572 Money Boo Boo
Money Boo Boo's picture

what's that new BRICS Bank currency gonna be called?

 

RICKY's  (so everyone can feel dancey about them)

Mon, 02/23/2015 - 10:53 | 5818151 Relentless
Relentless's picture

Bricks, as in gold ones

Sun, 02/22/2015 - 21:21 | 5816763 Yao
Yao's picture

Party like its 1929.

Sun, 02/22/2015 - 18:35 | 5816264 blindman
blindman's picture

actors, one and all.
fac-simile-ist.
.
Oscar, Oscars, O Scar, O Scar…..Scar……
FEBRUARY 22, 2015
https://aadivaahan.wordpress.com/2015/02/22/oscar-oscars-o-scar-o-scar-s...

Sun, 02/22/2015 - 18:39 | 5816279 Sudden Debt
Sudden Debt's picture

Zero interest rates have turned stocks so overbought by fake eps promises that even stocks don’t have a return anymore and all that money isn’t productive anymore.

so QE kills productivity and it only needs 1 sector that does deliver a promise for all that money to run to that side of the bus crashing the market and inflating the productive assets.

and that’s exactly what happened in the weimar period... 

Sun, 02/22/2015 - 18:40 | 5816282 Seasmoke
Seasmoke's picture

I had this view. Until I learned about Gold and Silver in 2002-2003. 

Sun, 02/22/2015 - 18:44 | 5816298 Thirst Mutilator
Thirst Mutilator's picture

WORLD ACCORDING TO BULLS (fixed) - calling WB7 to tattoo &/or superimpose an S&P chart on it

Sun, 02/22/2015 - 18:44 | 5816300 GMadScientist
GMadScientist's picture

I'm not sure concentrating on that middle shitshow is much better than the big picture.

Sun, 02/22/2015 - 19:29 | 5816484 GMadScientist
GMadScientist's picture

Anyone who thinks Fight Club needs a sequel obviously missed the point completely.

Sun, 02/22/2015 - 20:50 | 5816676 XqWretch
XqWretch's picture

Agreed

Sun, 02/22/2015 - 19:33 | 5816496 XqWretch
XqWretch's picture

Graphic Novel? Isnt that sort of like a comic book? Lame. Write a new book Chuck, and dont ruin the first one with it.

Sun, 02/22/2015 - 18:47 | 5816320 Unknown Poster
Unknown Poster's picture

1998- The Russian default blowed up LTCM real good.

Sun, 02/22/2015 - 19:27 | 5816478 GMadScientist
GMadScientist's picture

A well-placed fart could've brought down LTCM...what killed those idiots was hubris, plain and simple.

Sun, 02/22/2015 - 19:49 | 5816535 Unknown Poster
Unknown Poster's picture

It's a good thing hubris and farting are out of style.

Sun, 02/22/2015 - 19:17 | 5816443 Majic
Majic's picture

Accounts don't earn interest, consumers can't afford to buy big ticket items, stocks only really earn returns when the companies cannibalize themselves by layoffs or stock buybacks with QE, metal prices crushed, oil prices crushed, bonds are junk...How can we get Money?  I know!  We'll just print moar currency!   Fucking great, and this is an idea from our planet's best and brightest...I weep for the future.

Sun, 02/22/2015 - 20:40 | 5816655 1033eruth
1033eruth's picture

Its called "kick the can" on the biggest Ponzi scheme on the planet.

Sun, 02/22/2015 - 19:57 | 5816561 blindman
blindman's picture

"perplexity is the beginning of knowledge."
k.g.

Sun, 02/22/2015 - 21:26 | 5816776 GMadScientist
GMadScientist's picture

All progress is measured in WTF/min

Sun, 02/22/2015 - 19:57 | 5816563 badger10
badger10's picture

Deflation is being overlooked and the market will be punished as things are different this time.

Sun, 02/22/2015 - 21:32 | 5816797 petedanels
petedanels's picture

It's not about being right.  Do your own research and you may see how this kind of economic model can't work and won't work.  It's not a new revolutionary scheme but one that has been done many times in the past and I don't think it has ever ended well, to put it lightly.  If you think America is so special that it can get away with this then it must be great being in your head.  There is just so much information out there!  You wonder if ZH will be right this year?  It is and has already been right for some time now.  If being right means our idiot Muslim pres has to admit we're in a depression, then ZH will never be right.  The bottom line, we are seeing it right now!!!  It's happening right in front of you, open your eyes!  Look at some currency charts!  Look at crude!  Look at the S&P!  OOOPS, well I guess I'm wrong since that one is at all time highs!  

YOU FUCKING MOMO!

 

Mon, 02/23/2015 - 07:08 | 5817730 Jack Daniels Esq
Jack Daniels Esq's picture

How could a dumb black muslim improve the USA

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