This page has been archived and commenting is disabled.
Stocks Down, Dollar Down, Crude Down, Bond Yields Down, Fed Impatient
Well that escalated quickly. What gains were achieved yesterday in equity markets (or v-shaped recoveries) have been dismissed this morning as stocks test Tuesday's lows tumbling as Europe got into swing and Greek fears surged (along with peripheral bond spreads). Treasury yields are pushing on lower past 5Y maturity (10Y approaching 2% again) but 2Y higher, as the dollar limps lower. WTI Crude remains in the low $42s after last night's API inventory build. All in all, it appears markets are starting to be resigned to the impatient Fed's actions today.
Stocks red for week...
while 2Y rises and the longer-0end flattens dramatically...
and Crude is carnaging more...
As European risk surges...
So much for Draghi's QE.
»
- 13522 reads
- Printer-friendly version
- Send to friend
- advertisements -
OMFG!! the Drama!!!
and Platinum is at a 5 1/2 year low, worst performing PM of the year. Usually, it's higher than gold but now $57 below gold.Good time to buy?
http://www.reuters.com/article/2015/03/17/markets-precious-idUSL3N0WJ18A...
If anything, it probably signals that gold is severely overvalued and is being inflated (against deflationary headwinds) by the demand coming out of economic basket-cases like Europe and Japan.
Don't agree as platinum is more commercial based(cars). It would echo deflation while gold, not so much.
They're gonna raise rates by 500 bp. The economy is gangbusters, shits flying off the shelves....
Er wait. that's Venezuela. To protect the Bolivar in time of shortages.
Liesman! Liesman? WTF you talking about Liesman? You got the wrong fucking country!
Live by the communication tools, die by the communication tools.
Platinum is echoing demand dropping off the cliff, I agree. Gold will be lower eventually. Something is going to push prices down, might be central banks, or governments having to sell off non-performing assets.
From there it will probably rise.
DDDDDEEEEPPPPPRRRRRRREEEEESSSSSSSSIIIIIIIIIIOOOOOOONNNNNNNNNN!
It is blatantly clear we are in a world wide depression which the stock market chooses to ignore....So Far! Till prices reset to liveable....it is going down!
Geronimo!
Yes.
I picked some up.
But, remember, it's best use is in catalytic converters. So, if manufacturing is down, a lot of Pt will be sidelined.
Over a long haul, definitely yes.
The fact it is now below gold is another piece of evidence Au is indeed manipulated, IMHO.
Wake me when these falling oil prices start to affect gas prices...
Well . . . besides that, everything else is fine
hahahahahah
Impatiently waiting for "Patient"
Impatient
Restless
Agitation?
Confused
Idiotic
Go Go free money SuperHeros GO!
Something should be coming out....but there's this little light flashing labeled "offline".
Maybe we should call IT.
By all means, call IT! http://dilbert.com/search_results?month=7&year=2000
Check out Jul. 25, 26, 27.
The best is FedEx reports a surge in profits due to low fuel costs, and a mild weather.
"FedEx Corp. reported a 53% increase in earnings during the holiday quarter, boosted by lower fuel costs, milder weather and the shipping giant's recent restructuring moves."
Apparently the weather was 'mild' for FedEx aircraft and trucks.... but not for everyone else. All the bad data due to weather just got caught in a dirty little lie.
did they mention issuing Zero Rate Bonds and buying up a F-Load of stock?
we are all waiting on a word...lol
"Stocks Down, Dollar Down, Crude Down, Bond Yields Down, Fed Impatient"
In other words, a good start to the day.
Long SPXU and TLT.
Friday was a loss, but the trend is my friend. The Fed does not control Oil and Oil prices inversely move Treasuries.
Good luck trading -
NoVa
TLT is Good.
Now, when rates have all gone negative out to say 5 years and less than 1% rest of the way out (might be the bearish case, LOL) TLT'll be trading up another 40+% (Seriously) stawlks will have pricing problems and everybody be looking for somewhere else to park their money and it'll be real assets like Real Estate and Gold. Huh....
But until them, my nads are hurting from all the fun.
This New Normal shit sucks. IT's gonna be renamed The New Abnormal"
Knuks - agree. TLT is a trade not an investment.
The Mrs and I have begun looking at positive cash flow rental properties
Good luck with that....when they annouce QE--- INFNITY!
Completely misleading headline... China is up, Japan is up, the UK is up, Switzerland is up, and, yes, the only correct part, the Eurozone and US futures are down.
The intrigue is killing me
btfd
Soooo, this is bullish, right?
my silver dealer yesterday was saying they were going to raise rates, i am curious if he will be right. I don't see how, .gov debt will be a distroyer
Jesus Christ. All this bullshit over a 25 or 50 basis point raise. If that would/could really destroy our (fake) economy you might as well dive for the windows now LOL. They're gonna raise because they lose what little credibility they have left of they don't. This miniscule raise isn't gonna do much except keep the charade going a little longer...
Not all bad for autos however
Renault’s Russian Lada Division Takes Over Crimeas Auto Market
Ford To Roll Out 6 New Models in Russia
U.S. DOT Adds 4 Tire Codes For New Russian Tire Imports
Toyota, Nissan Expanding Capacity in St. Petersburg Russia
Russian parliament refuses to hold minute of silence for Boris Nemtsov
At a parliamentary session on March 17, Russian Duma member Dmitry Gudkov proposed to hold a minute of silence for the late Boris Nemtsov, who was murdered in late February in central Moscow. “Even though not everyone shared his opinions, I think it would be humane to hold a minute of silence in his memory,” stated Gudkov.
State Duma chairman Sergey Naryshkin refused to hold a vote on this issue, claiming that he had already sent a telegram with condolences to Nemtsov’s family members.
On March 17, parliament will meet for the first time since the murder of Boris Nemtsov. The last session was held on the day of the murder, February 27.
https://meduza.io/en/news/2015/03/17/russian-parliament-refuses-to-hold-...
WTF does this have to do with the markets? You might as well copy/paste a fucking recipe for blueberry muffins.
You're very shitty at trolling.
so no mention of gold ? WTF it must be down to.
bullish somehow I'm sure
patient
The can shall be kicked as that is all that is left for the central planners to do. It's not about the central banks being patient or impatient it's about whether a critical mass of market participants will lose patience with the central bankers' charade.
FED MEETING GETS MORE MEDIA COVERAGE THAN THE SUPER BOWL, NFL INVITES FED TO JOIN THE LEAGUE
The new team will be called FED Easers, but shareholders are pushing for FED Racketeers: "a team called Racketeers is more likely to get sponsoring from banks".
Source: www.financialpaparazzi.com
With all the new folks coming over the border, the team should be named "Los Federales."
?Tiene Espanol?
best fucken news in a while
If I were an Indian Shamun I would go underground. The night before the Snowdyke waddles on stage for her nasal bullshit pontification we witness a blast of the Aurora visibile down to Atlanta. While I personally place no stock whatsoever on hocus pocus supernatural malarkey, I have more faith in the Shamuns, and Quija boards, than I do a bunch of clapdoctor idiot Ivy League economics voodoo charlatans. The central bankers can't even steal with any modicum of intellect.
Yeah, I would take the Northern Lights as an omen of bad ju ju to come this afternoon. What hatched this?
"The night before the Snowdyke waddles on stage for her nasal bullshit pontification"
Beautifully put...
Just wait, Knux, Caracas is coming to you (and me).
Silver is also on sale at 74:1 to gold. That seems like the better bargain and doesn't rely on auto sales.
Don't care.
I have a warehouse full of toilet paper and maxi pads.
I will be the Humongous.
That's 'Lord Humongous', A-hole... 'Great Lord Humongous'... And Everything that exists here is Mine...!!!
Two men enter one man leaves
I don't have any stocks. I don't want any stocks. I want to know about precious metals.