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Fed Shocked That Warm Weather Did Not Lead To A Consumption Surge
Blaming the weather has become such a popular strategy for explaining away poor economic data that calling attention to the PhDs and Wall Street analysts who employ it in a desperate attempt to perpetuate the US economic recovery myth has almost lost its comedic value… almost.
But not quite.
Which is why we found it particularly amusing that the NY Fed — and this is the same NY Fed that recently called the San Francisco Fed’s Steve Liesman-assisted residual seasonality coup a “myth” — admits that “real consumption expenditures have yet to show signs of a significant pickup from a slowdown in winter.” “Growth has been tepid,” the NY Fed research team notes, “despite better weather.”
So our only question is this: with winter and all the cold weather, snow, and ice that economists are always shocked to see accompanying it just five months away, how is it possible that the Fed will be able to start raising rates in December?
Or, summarized...
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Satoshi is coming!
Can you believe they killed John Snow ! WTF ?
im hoping that horny red witch bitch will ressurect him. Like, using fuck-magic.
Thank God Winter is coming.
Then we can have another spike in those housing sales like we did in the dead cold of February in Northeast USA.
Huh? Winter is supposed to stymie Economic activity?
But what about the Housing sales spike that was reported on these pages this morning?
Oh. Never mind.
Shemitah is coming.... September 13, 2015.
http://www.pray4zion.org/thecomingshemitahjubileeyear57745.html
Stick your finger in a fresh cow patty - 'that's tepid'.
(...and smells like shit) AMEN.
Hunker the fuck down! We got weather a coming! It's gonna be rainy some places, dry others, snow here and tornado there while some will see hail and others rainbows. Not to mention hot, warm, chilly, cold and freezing.
Shelter in place under the desk with some scissors, dude. No way I'm gonna go outside in the weather.
Retards
Its been a little to warm where I live, and if its perfect outside consumers may spend a relaxing day at a park or the beach a BBQ at home. Good weather may lead to the next Great Depression!!
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Go to Hell.
Go directly to Hell.
Do not pass Purgatory.
There is no redemption for spammers like you.
There is no "Get out of Hell Free Card" which is redeemable for spammers like you..
Actually, I tithe all my extra to www.EarnMore69.com.
Yellen is not from this planet, nor human.
It you think I'm joking, then just go and look for your god damned self!
Done.
http://www.entertainmentearth.com/images/AUTOIMAGES/FU3146lg.jpg
LMFAO. Great link Philo.
Oh Shit. That metal thingy she's holding vibrates. Where's she gonna stick it?
After she paints it Red, White, and Blue she will be sure to shove it inside your arse. You can count on that.
Would that shove be before or after breakfast??
Both.
So is she portrayed above as the Ice Queen?
They're all in the emergency room spending what money they have left... Assholes!
I'm shocked that the barber didn't use a sterelized bowl for my last haircut!
she does kinda look like like the bad actor in the recent trouble in south carolina.
same barber
and supposedly bernake is from there too. (SC)
CONFIRMED:Bernanke was born in Augusta, Georgia, and was raised on East Jefferson Street in Dillon, South Carolina.
https://en.wikipedia.org/wiki/Ben_Bernanke
I was kinda thinking that that particular barber scalped Bernanke & made a Yellen wig out of it. Being close friends with both of them & all that.
The Bernank sold fireworks & beer to underage redneck children at South of the Border, for his mentor Alan Shafer.
Pedrogoldschwartzsteinberg
that actually sounds like an honest way to make a living. I wonder what turned him to the life of crime?
The love of princeton.
homeschooling
...and the Dallas Cowboy Cheerleaders are in a VW van, waiting for me...
They are in my Chevy Van and that is alright by me.
https://www.youtube.com/watch?v=imN48YKDHsQ
What no comment on plunge in crude stocks AGAIN vs months ago when it was supposed to fill Cushing? What bias who me? News counter agenda never gets reported here.
Tarp anybody?
With a dash of ZIRP and A SHITLOAD OF QE INFINI!!!!
PARTY LIKE IT’S 2016 BITCHEZ!!!
You know the party does end, the only question is when.
Brace Yourselves, No rate hike in my lifetime and a shit storm coming in the fall.
Left unsaid : Second quarter gdp numbers look like shit .... even with the kitchen sink thrown in.
so what your saying is we need a double-double-double-double seasonal adjustment.
or a whole shitton of lipstick to put on the pig, cause its the oogliest damn pig in the poke.
Or better yet, a double double animal style seasonal adjustment.
This ruins Ned Stark for me
The Pope's rickshaw air conditioning unit has gone haywire.
Hiding the Decline
http://thepeoplescube.com/peoples-blog/hiding-the-decline-t14715.html
One does not simply consumption surge
Here comes Santa Clause: https://www.youtube.com/watch?v=CpJ_FUVJPko
https://scontent-lga1-1.xx.fbcdn.net/hphotos-xat1/v/t1.0-9/11125266_9716...
The one and only thing the Fed should be shocked about is that they haven't been tar and feathered or shot on sight for totally fucking up the U.S. economy!
Guillotines..... They will face the guillotines and we will cheer!
Now is the best time to buy studded tires, snowplows, and such stuff.
Once the weather card hits the table it's game over in Fed Liar's Poker.
That and holiday sales, It'll be tits up for the retailers.
Get.Out.Now.
It's climate change global warming's fault. What else.
Yellen was shocked that there was no consumption surge because she gained 20lbs over the last quarter
Completely smashed her food budget but...no help.
in winter we jews dont celebrate christmas have your boring dreidl
we hate every one who hates us and every one hates us, but why? anna frank did nothing bad...
and we distrust every one who likes us but for some reason, in the year 2015, still no one likes us, exerpt of our self...wait.. thats not true either there are more than X kinds of jews, the ethnic, mixed, the orthodox, the reformed, the converted, ashkenazi, sephridic, ethopian, yemini, open, crypto, zion, anti-zion neturei karta etc etc etc
anyway our strengths are ... and playing victim, stealing money the legal and illegal, the direct and indirect way
kicking us 10000 times out is not enough if no one want to kill us we force you to kill us, even if it will cost 600000000trillionsofbillions of innocent lifes of our own blood, the sacrifice is needed, the victim-sword makes us invincible now
You know nothing, Mr Yellen
Is that consumption in the Dostoyevskyist sense?
A donkey revolt would really shock the Khazars at the FED.
Lemme tell ya. One can search the internet all day everyday for about $40 a month and not buy a single thing. It's entertaining. It's informative.
Pretty soon colleges across the country will be teaching a new class to business majors, called financial meteorology. Instead of learning about synoptic scale events and atmospheric thermodynamics, they will be lectured by a fat, Fed fuck on how the weather can be anything you want it to be.
Extra credit, 20 points: Everything else held constant, what cloud formation makes people the most gay?
Answer: Hot Tower
Best,
Professor Liesman.