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"Winter Is Coming" - Wall Street Economists At Work

Tyler Durden's picture




 

It's that time of year again...

When angry mobs of Americans trample one another for the very last Victoria's Secret thong, when the world over-indulges, over-consumes, and over-stimulates... And of course...

It's the time of year when Wall Street's best paid and brightest are forced to admit their utter cluelessness...

 

As Reuters shows, the last two years have been extremely embarrassing for the so-called professionals...

 

US GDP Q1 2014 vs2

US GDP Q1 2015 vs2

 

Of course, blame-mongery will be rife:

  • Weather was so 2014 (although El Nino is bound to crop up in more than a few memes this year)
  • Port Strikes were "the new black" in 2015

So, what will the excuse be this year - since there is no way anyone could blame The Fed?

 

Charts: Bloomberg

 

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Sun, 11/22/2015 - 20:45 | 6825922 HedgeAccordingly
HedgeAccordingly's picture

It is cool, nat gas prices are in the pisser... should be bullish for GDP right? 

Goldman On US GDP Growth “Three Reasons to Keep the Faith”

 

 

Sun, 11/22/2015 - 20:57 | 6825957 AlaricBalth
AlaricBalth's picture

We ran out of gas! We got a flat tire! We didn’t have change for cab fare! We lost our tuxes at the cleaners! We locked our keys in the car! An old friend came in from out of town! Someone stole our cars! It was too hot. It was too cold. There was an earthquake! A terrible flood! Locusts! IT WASN’T OUR FAULT, WE SHOPPED!! I SWEAR TO GOD!

http://m.youtube.com/watch?v=JFvujknrBuE

Mon, 11/23/2015 - 07:30 | 6826780 redd_green
redd_green's picture

And we bought cheap chinese made crap online!  I can show the reciepts!   We're not to blame either!

Sun, 11/22/2015 - 20:47 | 6825931 agNau
agNau's picture

Stop posting those sexy pictures of Yellen.

Sun, 11/22/2015 - 20:54 | 6825956 Saddam Miser
Saddam Miser's picture

I'll bet she smells just like that picture suggests.

Sun, 11/22/2015 - 20:58 | 6825965 ZerOhead
ZerOhead's picture

Lavender and leather?

Sun, 11/22/2015 - 21:35 | 6826070 HowardBeale
HowardBeale's picture

Curing pelt.

Sun, 11/22/2015 - 22:05 | 6826155 e_goldstein
e_goldstein's picture

moldy and decomposing

Sun, 11/22/2015 - 22:06 | 6826162 ZippyBananaPants
ZippyBananaPants's picture

more like fumunder cheese

Sun, 11/22/2015 - 23:53 | 6826384 Anonymous User
Anonymous User's picture

When shit will hit the fan and paper money won't make for a lot of heat, my guess it that Yellen will have to get warm like every other social secured foodstamped tribes. 

He ...he..he, the old ways never die: 

 

http://goo.gl/3G3r6i

 

One must love it when winter is coming. It brings natural selection.

Sun, 11/22/2015 - 20:48 | 6825935 FreeShitter
FreeShitter's picture

False isis flag bullshit = cold weather.

Sun, 11/22/2015 - 20:56 | 6825962 ZerOhead
Sun, 11/22/2015 - 20:49 | 6825940 Id fight Gandhi
Id fight Gandhi's picture

Tow the line, ride the QE and whatever you do make sure the GDP is positive. Job well done, here's the bonus check

Sun, 11/22/2015 - 20:54 | 6825950 Francis Marx
Francis Marx's picture

Well...Ms Federal reserve there wearing her skinned out house cat..

Sun, 11/22/2015 - 20:58 | 6825966 xrxs
xrxs's picture

You are here.  Nothing a triple seasonal adjustment can't handle.

Sun, 11/22/2015 - 21:25 | 6826040 Kprime
Kprime's picture

does buying a Slim Jim at 1:30am from the local convenience store count?

Sun, 11/22/2015 - 21:29 | 6826056 robertocarlos
robertocarlos's picture

Nothing good happens outside after 11PM.

Sun, 11/22/2015 - 21:27 | 6826041 Dr. Engali
Dr. Engali's picture

"Terrorism" is the excuse de jour this year.

Sun, 11/22/2015 - 21:33 | 6826067 Yen Cross
Yen Cross's picture

The blue hair 'Ice Queen'.

Sun, 11/22/2015 - 22:18 | 6826188 The best Sun
The best Sun's picture

Poor Mr Yellen.
So much poorly directed scorn.

STANLEY FISCHER, there's the turd in this punch bowl.

Yellen is the glove puppet and STAN has his arm buried elbow deep in that corn fed Tookhes.

Oi Vei! What an image! Go for it WB7.

Sun, 11/22/2015 - 22:21 | 6826199 bobert727
bobert727's picture

It's all transitory

Sun, 11/22/2015 - 22:55 | 6826263 o r c k
o r c k's picture

Won't last long either.

Mon, 11/23/2015 - 02:40 | 6826595 PADRAEG
PADRAEG's picture

What difference does it make?  - lol

Mon, 11/23/2015 - 08:26 | 6826858 Crocodile
Crocodile's picture

Just keep printing and since no one can provide a viable option, then keep on printing and "everything is awesome". No worries, be happy and hope that one medical crisis doesn't bankrupt you.

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