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Even The 'Richest' Americans Have Lost Faith In The Fed's Markets

Tyler Durden's picture




 

Janet, you have a problem...

Despite surging stock prices (and all that Fed-juiced wealth creation), slumping gas prices (that are "unequivocally good" for Americans), and an endless stream of happy talk and forwardguidance promises about how awesome things will be; rich Americans are losing faith... fast!

 

Seems like the perfect time to raise rates.

 

Charts: Bloomberg

 

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Thu, 12/10/2015 - 13:59 | 6905241 Shizzmoney
Shizzmoney's picture

Just tell them to buy the fucking dip, then 

Thu, 12/10/2015 - 14:35 | 6905542 orez65
orez65's picture

"Fed Market" is an absurdity.

Thu, 12/10/2015 - 14:00 | 6905247 vq1
vq1's picture

100k is rich?

Thu, 12/10/2015 - 14:11 | 6905352 Sudden Debt
Sudden Debt's picture

Net or Brut?

Thu, 12/10/2015 - 14:20 | 6905416 El Oregonian
El Oregonian's picture

A Bru-net would be more preferable, I would suggest...

Thu, 12/10/2015 - 14:20 | 6905411 moneylover3
moneylover3's picture

Per hour,Yes

Thu, 12/10/2015 - 14:52 | 6905673 Clampit
Clampit's picture

That amounts to less than 10 billion for the 10 years it took Zuck to FB, not even a quarter of the "money" he supposedly has. There is literally no quantifiable basis metric, outside of our fianncial system, for the fortunes these kids have handed to them.

Thu, 12/10/2015 - 14:35 | 6905548 Nico72
Nico72's picture

100k soon to be zimbawbe-US dollars? Of course not!

Thu, 12/10/2015 - 14:43 | 6905608 rbgnr111
rbgnr111's picture

lol... yeah... according to this I'm rich.... I don't think so... I still need to show up to work...

Thu, 12/10/2015 - 15:27 | 6905927 vq1
vq1's picture

and never retire. Damn it feels good to be in the top percentile. 

Thu, 12/10/2015 - 14:00 | 6905253 Mick Shrimpton
Mick Shrimpton's picture

Rich folks are always the first to protect themselves, not the last.

Thu, 12/10/2015 - 14:01 | 6905260 KnuckleDragger-X
KnuckleDragger-X's picture

Depends on how you define rich and where the line is drawn. There are a small handful who thrive on cronyism and they make a lot more than $100K.......

Thu, 12/10/2015 - 14:04 | 6905288 Professor Fate
Professor Fate's picture

The Fed has simply over stayed its welcome.  Everyone now knows it.  Janet is like that long lost relative you invited over because you felt sorry for her only to find her going through your dresser drawer looking for cash for some crack.

Time to put her out with the trash.

 

Fate the Magnificent
"Push the Button, Max" 

Thu, 12/10/2015 - 14:12 | 6905362 vq1
vq1's picture

"The Fed has simply over stayed its welcome.  Everyone now knows it"

 

If you're just talking about ZH readers then okay. Otherwise, lets do the math on who "everyone" is. 

first take the population and subtract all the people who dont know what the fed is or what they do. 

take the remaining and subtract all the people who think the economy is strengthening and believe the feds numbers. 

 

what percent is left?

Thu, 12/10/2015 - 16:17 | 6906313 LawsofPhysics
LawsofPhysics's picture

0.01-1%...

 

Interesting coincidence...

 

Thu, 12/10/2015 - 14:14 | 6905343 Francis Marx
Francis Marx's picture

I always look at countries that dont have any intellegent people to build up the economies.  Pretty bad.  Thats what seperates the wealthy countries and the poor countries. Smart people dont live in zimbabwe. Smart people make wealth. If a country has a high amount of proven Intellegent people, they have wealth right there.

Thu, 12/10/2015 - 15:55 | 6906123 Orc from Mordor
Orc from Mordor's picture

You are damn right. Only stupid countries can buy US treasuries, and there have been lots of them.

Thu, 12/10/2015 - 14:14 | 6905371 nopat
nopat's picture

Which one of the Tylers are writting this bullshit?  FFS, bring back Marla.  Say what you want about her, at least she had standards.

Thu, 12/10/2015 - 14:44 | 6905613 somebody poison...
somebody poisoned the water hole's picture

Look at the chart, looks like a case of the heebeegeebees to me.

Thu, 12/10/2015 - 14:47 | 6905632 surf@jm
surf@jm's picture

Wow.....I thought the "rich" and the "FED" were one, and the same?.....

How can their be a divergance?......Do I dare say it?........DIVORCE?........

Thu, 12/10/2015 - 14:52 | 6905686 madcows
madcows's picture

confidence in what, exactly.  that's just a zigzag line that doesn't seem to correlate to anything, and overlayed on the s&p...

and, 100k isn't "rich" anymore. 

Thu, 12/10/2015 - 15:00 | 6905748 venturen
venturen's picture

Bet Obama inner circle jerk of cronies haven't lost faith...they will be like the Clinton stealing everything that isn't nailed down! 

Thu, 12/10/2015 - 20:54 | 6907573 sentimenttiming
sentimenttiming's picture

OVER 80 POINT MADE OFF OF THIS REPORT IN THE LAST 2 DAYS

 

CHECK IT OUT  https://www.sentimenttiming.com/antoemang/15

Thu, 12/10/2015 - 20:54 | 6907574 sentimenttiming
sentimenttiming's picture

OVER 80 POINT MADE OFF OF THIS REPORT IN THE LAST 2 DAYS

 

CHECK IT OUT  https://www.sentimenttiming.com/antoemang/15

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