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Why The Commodity Carnage Matters (In 1 Simple Chart)
How many more times will we be told that "it" doesn't matter... or it is "transitory" with regard any and every flashing red warning signal from asset values that are not centrally manipulated with regard asset values that are 'plunge protected'? Well to try and kill one of those myths off, we present the following chart... showing how a collapse in commodity prices is unequivocally bad for US equity markets...
Go on - say it - "it's different this time"... and then explan why a 25 year correlation that makes perfect sense from a causal perspective should just be ignored because - just like China - the central bank has your back.
Source: @Not_Jim_Cramer
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collapse in commodity prices is unequivocally bad for: Canada, Australia, Brazil, Russia, American coal, iron ore, copper mines and frackers.
Location.. location.. location..
Print, f’n print.. f’n print… that is where the location is nowadays
Uber, Facebook, AirBnB
They will create wealth where non existed before. Who needs to produce boring commodities?
</sarc>
If you drop it on your foot, and it hurts..., you don't need it.
i like the chart. and the source name.
Mucha cosa
Poca clientela
:(
We're #1 @ fiat conjuring. BEST. IN. THE. WORLD.
These companies collect data which would allow the government to capture you in an "uber" car, see all your communications and web habbits (FB) and allow them to know exactly where you are spending a night and when and who with (AirBNB).
These companies allow the police state to exist and control our lives. They have all the protection the state can provide.
If someone is killed in an uber car crash then could the NSA have planted the car? Wouldn't be difficult. What if your attacked in a "random" attack at an AirBNB place. Easy for the NSA to send the boys round when they know your gonna be in town.
exactly, that's why my home loan and retirement are based in these long-term, stable companies. Commodities are so risky!
I'm not a fan of what the us is doing to Russia but...... I know the outcome so I bought RSX January $15 puts for .95c today at the bell. Russia has to be on their knees by then unless a miracle happens.
Depressions sure are depressing.
Daamn good thing that we put all that wtchamjigieeacallit in the Lock Box
Al Snore's manhood?
Everything is fine! Now go get your shinebox!
https://youtu.be/IeL8EYtbVw0?t=1m28s
When Dr. Copper says you have cancer, you die from cancer!
Looks like a long fall
Is food a commodity, cuz it never goes down. How about health insurance? Has that gone down lately? What about clothes and utilities? Gas? All this talk about WTI and Brent, I haven't seen any drops at the pumps. What about general home improvement stuff? Ever look at the price of lumber? Fucking rediculous.
Obama is going to double our electric bills to make up for cheaper stuff.
What cheaper stuff? that fuck won't be happy till were all eating each other, or at least that seems to be the plan.
According to his spinhead today, the new EPA regs to impliment King Hussein's promise to bankrupt coal companies and utilities will SAVE us money. Yep - just like Obamarxist care - right?
33 % reduction in Carbon by 2030 and India says fuck you and China says - yeah we will agree at some point.
OUTSTANDING CHART!
Because Japan benefits from lower energy.
Call me a Keynesian.
Why? I am NOT against abortion being legal per each states' choice, per the Constitution, I am against THE FEDERAL GOVERNMENT FUNDING ABORTION. My taxes and their PRINTED MONEY paying for a dead-baby-parts-sales-mill to function.
Keynes said printed money 'overturns a society.' So call me a Keynesian.
We all said it would come to this, and the liberals said it would not. Now they begin their Alinsky style ACTIVISM to excuse Dr.Mengel-style behavior.
How many times are we going to watch these two-faced "principles" and lie cover ups for Obama and Hillary happen before we wake up and realize socialism is REWARDING these people to say LIES and do INSANE things? To say "that will never happen" when we predict it will, and to say "it doesn't matter" after it does happen?
Keynes' wrote: "There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
The actual passage, partially attributed to Vladimir Ilyich Lenin, appears in Keynes’s book, “The Economic Consequences of the Peace”, which became an international bestseller when it was published in 1919.
The actual text of the book (pp 148-9) reads:
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some.
ZH again copying and pasting charts over eachother. Ya'll are lucky everyone thinks we cray. Cuz otherwise this shit would be a threat to the fed- I mean national security.
earnings? rofl! we dont need no stinking earnings. as long as companies can borrow for free to buy back shares......growth is so 1980's. ponzi economics is where its at.
Manufactured commodity carnage in the west.
Bull market in the east.
Propaganda bullshit for everyone.
The big ass red arrow tells me there is a bubble in pessimism around the world.
Bitchez.
:)
this time we have Huxley-esque diversions like facefuck and gopro to save us, brave new world
Retail is getting decimated. Wait till the next Q figures come out....Bloodbath.
The first sentence of this item is incomprehensible. Get an editor. At ZH we know that correlation is not causation. To be of any use, the analysis of this correlation needs to bring in the causes of both phenomena.
The only thing worse than deflation, is talking about it.
Next stop for crude 36-37$
goldenopportunitytrading.blogspot.com
China goes on a diet and everyone gets sick. You were so happy when the monster was fattening up .
CRB closed today at 199.30 - that's a new 15 year low.
HEAR THAT YELLEN!!???? 15 YEAR FUCKING LOW!!! DEFLATION YOU FAT PIG!!!
Only the "consciensciously stupid" can claim to miss this. But if you ask them how they miss it, they'll begin to exhibit prevarication behavior, they know exactly what the chart means.
Ask a liberal to show you a stimulus success case - where the borrowed gov't stimulus money was repaid. They have none. A loan they never have to pay back is a success story, conscientious stupidity.
Looking to get me a coal mine...CHEAP!
If no one wants it, I'll buy it! (anthracite)...Keeps me warm in the winter...help me out yawh