This page has been archived and commenting is disabled.
Just One Chart
If you ever doubted that bad news is good news... have faith!
Don't think, Buy!
As we noted previously, Jim Bullard broke the narrative...
Bullard's comments changed all that. Having been conditioned to 'know' that money-printing means rising stocks (over the past few years), his comments provided support for the view that if things get worse economically, then The Fed will be back with moar money-printing and stocks will rise.
In other words, the fact that equity valuations and fundamentals are entirely decoupled is not irrational exuberance, it's a rational conditioned reflex to a Fed that will never - ever - as Alan Greenspan noted - be able to remove itself from the equation.
"Bad News is Good News" - Thank you Mr. Bullard.
Let's just hope that this week's jobs number is terrible, or this wealth-creating idiocy will come to a rapid end.
Chart: Bloomberg
»
- 24288 reads
- Printer-friendly version
- Send to friend
- advertisements -
US MACRO DATA, is it a real ticker on BBG?
The only thing that's real is the assholes running the shitshow.
Your point is hard to argue against. On second thought, it can't be argued against because its the only thing that actually makes any sense.
The economic version of global warming where if it's too hot, too cold, too wet or too dry it's because of global warming and no matter what the numbers say it's all bullish in the markets.....
What is the US Macro ticker on Bloomberg? I can't seem to locate it
I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com
So why not the Gold Price ??? Seriously , how many Monopoly $$$ would you sell an ounce of Gold for ??
Because if you own gold you are a doomer!!!!!!! No one wants to be a wet blanket when everything is awesome!
Only physical gold, paper gold is just wonderful....
Sorry. .that's probably my fault (or my friends) As I ....or my friend rather...'may' (or may not) have added an.... increase in a particular 'stack' of sorts.
Just kinda the way it goes..for now.
:)
EVERYTHING IS AWESOME!
Yes! AWESOME! I need to go buy me a mocha-frappe-cappu-latte with double shots and flavorings!
It will cost me $5.00 instead of this .05 cent cup of black Folgers I made myself - but it will make me look cool and feel as though I BELONG.
and you can talk about racism at the same time....froth up
Just remember there will never be a nigger in s.a.e.
Make sure to be on your iphone the whole time youre in starbucks
I take Folgers in thermos, ask for free vente cup, add their cream and sugar and look way cool and still BELONG.
And pretend to work on your screenplay on your $3000 Macbook Air while not wearing shoes because you live the austere BoHo lifestyle.
Buy it once and keep the cup.
BULLARDISH
so what? the gold "price" (in FRNs) decoupled from the american debt ceiling, money supply, and general economy some time ago...
tick tock motherfuckers...
with 7+ billion people all competing for a better standard of living you will be surprised how fast "low prices" becomes shortages when the corrupt/fascist central planners start taking everything for themselves...
Apparently we learned nothing from the recent collapse of the Soviet Union...
We're creating history which will be ignored next time, which of course, is just like this time, which strangely enough resembles last time.....
The stawk "market" has nothing to do with the economy (outside of 5th Avenue).
and Gold is down...yeah that is right...add another trillion or two and gold goes DOWN in price.....not right...keep buying ....
decoupled a while back, very nice ZH article all about it.
The worse it gets the more you buy.
that graph is retarded, zoom it out to a multi year and that would be apparent.
It’s the only thing that matters anymore…
They are all crawling back in the markets because they think the FED won’t raise rates.
Why?
Well that makes perfect sense, eh?
Stocks positive for year as Fed fears subside; Dow up 250 points
http://finance.yahoo.com/news/stocks-cheer-dollar-fall-dow-143319383.html
"“Today’s rally suggests investors still prefer aid from central banks to actual growth in the economy and are willing to bear above-average risks for below-average returns,” said Channing Smith, managing director at Capital Advisors."
worse real #s means printing more joobux and equity buy backs with cheap debt... even a dummy can see stawks are the place to be!
Market is forward looking. Q1 is already priced in and so is Q2.