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Do you see a bubble?
If your answer is "no", proceed to job offer!
h/t @NorthmanTrader
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It's a stairway to heaven.
Looks ready to breakout
I think it has been going up for more than four hours now, so better call a PhD.
Regards,
Cooter
Nearly vertical as it is... can it bend backwards and travel back in time?
I say a 50/50 chance it gaps up to infinity...
To da Moon!!! To da Moon!!!
It is going to a Zillion. Ya had best buy in now as itz cheap.
to infinitiy and beyond
https://youtu.be/2VSYmGSJtCA?t=8s
but a sucker's drop to hell soon
Stock prices have reached what looks like a permanently high plateau. No sign of a bubble here, no sir.
Do I get the job?
Only in this time of great moderation.
And with the end of the business cycle stocks can only go higher, the new paradigm and all that jazz..
I sure hope the next bubble they inflate will be gold/silver.
The history books will say something just like that if they win again.
What happens to this permanent high plateau when AAPL misses earnings and guides lower on slow China sales and no watch sales?
Will they do what Intel did and indefinitely expatriate all overseas earnings and beat with a lower tax rate?
Just wondering....
Earnings don't matter anymore. Look at NFLX ripping higher on falling earnings and negative cash flow.
This is a sign of a healthy, vibrant and growing economy. Given the tools available to us, we will undoubtably need to raise interest rates later in Q3 or Q4 of this year.
Please let me know the address to show up and start gettin' my pay check!!
Steps are loose though and OH BOY! its a long and quick fall to hell!
Bubbles are round. Where's my prize?
No need to send probes to space, just ride the NASDAQ_ROCKET!
This is like the econonmic version of Speed. If it goes below 5500, it blows up. So now it just goes round and round while the Banksters are escorted off until it blows a tire.
Wish Keanu was driving this thing, would turn out better.
I see a brontosaurus. So cute.
Nope. A hockey stick
If you see hockey sticks you are definitely on the domestic terrorist watch list...
I see an up market. no downside at all.
Climbing the tall wall of worry...
Hey banksters, when you get to the top, dont forget to jump!
Looks perfectly normal to me....
Both Bernanke and King Hussein indicated that equities were a good investment.
I see a map of Israel.
You automatically get the job, no interview needed. When can you start?
Tick tock, that which cannot be sustained....
I see a bubble in 2003 but it was taken care of by smartest people in the room and no problems since.
isnt this about the time Mark Cuban made his fortune back in the day by seeing the obvious?
No I see inflation.
OMG, did you count the down days ? there where more than the up days!
What bubble?
I see the Wolf of Wall Street!
Do I get to throw the midget now?
I see a rhino horn fixing to latch under the side of the Landcruiser on an old rerun of Mutual of Omaha's Wild Kindgom
"When you combine stupidity with leverage you get some pretty interesting results" Uncle Warren
When do you think I could expect my second interview? Oh, you'll call,
In my jaded mind I see "cliffhanger" from the Price is Wrong.
https://www.youtube.com/watch?v=YHv5jgXz9I8
Sorry that I didn't find one with Bob Barker and his slim line microphone but time is money.
Looks like China
I see a vigorous equities market honestly reflecting the discounted net present value of a robust, thriving economy which is well on its way to a permanent high plateau.
When do I start?
Happened to me in the 80s "permanant high". Hell of a hangover followed.
I was thinking of Irving Fisher's prediction of a "permanently high plateau" in the stock market, just before the 1929 crash.
Perfect errection angle... Yellen gets moist looking at it
Now you mention it, so do I now.
Ah yes - moist - what a lovely word.
DavidC
.
The reason you don't see extreme inflation in general is because all the QE is in the equities, bonds, homes etc. There is a reason these things have been going through the roof. If people that sold all their stocks and their homes went on a spending spree to spend their profits from these sales, without reinvesting them further, then you would see inflation that the QEs around the world have caused. As long as markets continue it's rise there won't be any inflation(at least not what one might have expected with all the trillions in moneyprinting).
Just out of curiosity how long have you been living in a bubble and where can I get one?
http://www.usatoday.com/story/money/business/2015/02/28/rise-beef-prices...
I gave you the USA Today version just to keep it simple for you.
Not in the US I don't so I can't really say. Yes, there have been inflation here also(Norway) but mainly in in property and stocks. Foods have become more expensive but it's not like it's through the roof. Maybe Norway is a bad example but that's pretty much what I can compare it to. Ofcourse, we too have the hidden inflation of "NEW AND BETTER" packaging and better taste where products have shrink in size; but compared to the amount of money that has been printed the inflation is nowhere near what it should have been if the money haven't found it's way into property, stocks, bonds, education costs etc.
+1000 to your comment BurningBetty. Inflation follows where the velocity of money is going. Since the rich hold 99.9% of money and money producing assets, it follows that one will see the inflation most pronounced in areas where the rich focus their spending. Thus, trophy real estate (or rentals for the sheeple), art & fine wine, fine dining experiences, collector cars and other toys. All these areas have seen huge inflation because a lot of money is chasing after these assets. If all the money was redistributed equally between everybody, inflation would be quite obvious in all areas because everybody has got money to spend all of a sudden.
looks like CLIMATE CHANGE - isn't it interesting how fraud aligns itself so well.
I'm unable to display it unfortunately but get a NASDAQ chart going back to the early 80s - massive double top and back to la-la bubble land now.
DavidC
It depends on what "Is" Is.
This is just an illusion. I think is from a science -fiction Holliwood movie.
Nope no bubble there. I just see a spikey thing.
At first I thought it was the Shanghai exchange before the drop. We can clearly see where this is heading.
Janet Yellen has wears pany liners with Zerohedge writen on the inside crotch.
Nope. Looks like moderate to modest growth to me.
YOU'RE HIRED!!
What I see is someone unable to color within the lines. Sloppy, sloppy, sloppy!
If the Federal Reserve hired Captain Kangaroo they'll hire anyone.
It's only a bubble because every minuscule drop, or persistent weakness, is met with sheer sentimental panic. In a healthy market, a 10% "correction" every now and then would be welcome, and a 20% correction would be the catalyst to begin wringing hands and talking about blood on the street. I fear that "crashing" upwards (if you are visually oriented, turn the chart upside down) is the only path toward the beginning of the beginning of some semblance of "normalcy" (defined by say the last two centuries or so of market data). What?
They will pay dearly for this....
What's wrong with "money for nothing and your chicks for free!"
No! the only way to see bubbles is after they happen. What do I win?
Looks like ready to ejaculate, umbrellas quickly.
Nothing can be said at this point. The bears have been defeated. I was surprised how many came out of hibernation in this last little Greek blip. Might as well sit back, relax and wait. Eventually, the bubble will burst. No reason to fight it. The market is parabolic.
Totally agree. It will not stop until it stops. Then we're all fucked. Might as well enjoy the ride up.
I see a guillotine. Actually, I see a lot of guillotine's.
Looks like my boner after taking 50 viagra
"We see slight valuation but not a bubble when compared to US real economy." - FED
I smell tulips.
It's going to 10000
Looks to me like any well behaved equity market.
Morning Wood meats ground hog day. Every day is the same play, gap and squeeze the most shorted.
Ho Lee Phuck, Batman!
Nope. No bubble. Just be sure to buy the dip!
This graph would be better if the time scale included, say, the year 2000. Because then we could see in the subsequent years the down-side of the tech bubble that had risen to nearly the same height.
The trend is your friend.
in bodybuilding they call it steroids
it usually ends with heart failure
Boring!
5666 = TOP
(or maybe some other number)
result of these crazy monetary policies the purchasing power of the currency is going in the opposite direction. But the purpose of qe2 and all the subsequent bs from the Federal Reserve was and still remains to fund Obama's extravagant spending.