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The Dangerfield Recovery Or A Skousen Reality

Tyler Durden's picture




 

Submitted by Lance Roberts via STA Wealth Management,

 

 

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Mon, 05/11/2015 - 16:45 | 6082429 i_call_you_my_base
i_call_you_my_base's picture

Yes, there was some job growth, and it only cost $4 trillion in bond and mortgage purchases from the fed, massive market intervention, and the absolute destruction of the rule of law.

Mon, 05/11/2015 - 17:02 | 6082485 Butterflying
Butterflying's picture

My last pay check was $9500 working 12 hours a week online. My sisters friend has been averaging 15k for months now and she works about 20 hours a week. I can't believe how easy it was once I tried it out. This is what I do... www.jobs-review.com

Mon, 05/11/2015 - 17:06 | 6082502 WTFUD
WTFUD's picture

The only thing that we have in common Butterflying is that no matter how much BS we post we will always get at least one up-vote.

Mon, 05/11/2015 - 18:53 | 6082888 DutchR
DutchR's picture

F YOU, gave you one more

 

ps. jobs-review must be kicking back some to the Tylers or he would be long gone.

 

Mon, 05/11/2015 - 18:02 | 6082728 venturen
venturen's picture

heck you should work on wall steet...where every bad decision gives you a lot more than that.....BUT YOU JUST TRADE YOUR SOUL FIRST!

Mon, 05/11/2015 - 16:53 | 6082450 khakuda
khakuda's picture

"There is little doubt that the two 20th century recessions and major market selloffs devastated the retirement plans for a great many of the individuals nearing that milestone." 

And, for good measure, throw in about 7 years of 0% interest rates to destroy the income of savers, bond holders and force pension plans to be terminated.  Then one wonders why the guy in the next cubicle is 82 years old.

The Fed's mandate should include unintended consequences as the fourth goal after stable prices, maximum employment and stock market bubble encouragement.

Mon, 05/11/2015 - 16:55 | 6082465 Rehab Willie
Rehab Willie's picture

it will take another 9/11 to put us back to 'normal'

Mon, 05/11/2015 - 17:03 | 6082490 WTFUD
WTFUD's picture

All this good news must have you tickled pink! Must be just dandy living in Potemkin Village aka The Twilight Zone.

Mon, 05/11/2015 - 17:03 | 6082493 papaswamp
papaswamp's picture

Ouch! Either QE cometh or they are going to let it go into recession ( depression).

Mon, 05/11/2015 - 17:19 | 6082560 Salah
Salah's picture

You wait, the s-h-t-f during next year's presidential camapign, where it can be diffused as "nobody's guilty" (i.e. 2008).  "Oh, the new guy will make it better"...ad nausea

They learned this trick from the Mexicans, who'd have serial economic crises every 6 years, in line with their presidential campaigns...

The ignorant sheeple will swallow the "explanation" better that way....always worked in Mexico.

Mon, 05/11/2015 - 18:57 | 6082909 Oldwood
Oldwood's picture

There is always the chicken and egg argument but I contend that our really bad economic numbers didn't really start their big slide until Obama pulled ahead in the polls for the 08 election. As a small business person amongst others, I know for a fact that that knowledge alone induced me to start pulling back as I knew Obama's election was going to kill small business. I think facts are on my side in this. Big business, however, backs the side they think will win because before anything else you can't be an enemy of the government and survive. Cronyism rules big business in an incestuous relationship, and big business has done pretty well...at least for those running them. Everyone else was left to wither and die.

Mon, 05/11/2015 - 18:00 | 6082718 venturen
venturen's picture

yes anyone with over a million of asets has neverr seen a better recovery/bubble. This is a mirage recovery that is going to explode. Nothing has been cured....crooks still run wall street, IPO are a farce, interest rates are ZERO(just like good muslims), Real Estatee is absurd, Capital has been grossly misallocated(oil, Medical, Technology...all markets are hyper manipulated), Stocks are absurd purely using a destructive buy back fraud, Government is spending too much, Debt (Student, Medical, State, Federal....) are beyond payable.

What was the good news ? 

Mon, 05/11/2015 - 19:00 | 6082913 Oldwood
Oldwood's picture

The best investment that anyone with over a million in liquid assets can make is to buy a congressman, as they can make huge returns on the relationship. Just one or two crony contracts can set you up for life. Like writing software for Obamacare....winning!

Mon, 05/11/2015 - 18:14 | 6082766 QQQBall
QQQBall's picture

Looking at the UE Rate to gauge the economy is like looking at Gross Sales to estimate Net Profit

Mon, 05/11/2015 - 19:01 | 6082917 Oldwood
Oldwood's picture

People are easy. They just look for an excuse to place a bet.

Mon, 05/11/2015 - 22:58 | 6083586 Magooo
Magooo's picture

You are forgetting the golden rule:

 

BAD + GOOD.

 

This is a buying opportunity because if the line keeps trending lower that means time for MORE QE!!!

 

And we all know what more QE means ---- the stock market LOVES QE --- corporations bathe in zero interest cash that they use to buy back stocks pushing the markets to record highs.

 

Lance - get with the new normal mate.  You really are not getting it

Mon, 05/11/2015 - 23:02 | 6083598 JoWazzoo
JoWazzoo's picture

One thing that few people focused on in the latest Jobs Report from Friday ..... the job adds was quite misleading in that 10s of thousands fell out of full time jobs but more part timers were added.  So the report needs to be adjusted of sorts in that the total adds were driven, yet again, bu oart time jobs - ie bartenders, retail help and so on.

 

But hey!!!  It was good enuff for the spinheads at CNBS and the sell side analysts so stawks naturally went up!  Effin AAAA.

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