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'Twas The Hike Before Christmas

Tyler Durden's picture




 

“Christmas at my house is always at least six or seven times more pleasant than anywhere else. We start drinking early. And while everyone else is seeing only one Santa Claus, we’ll be seeing six or seven."

– W.C. Fields.

‘Twas the hike before Christmas, and all over the shop
Short end traders were waiting for prices to drop.
Bloomberg and Reuters, the FT all there
To capture the moment – if Yellen would dare.

 

Stockbrokers slept fitfully, dreaming of when
Fed policy meant lower rates, thank you Ben;
The hedgies, meanwhile, partied on in their yachts,
With barely a thought of ascending Fed dots.

 

Commodities managers searched in despair
For solace, in cupboards, but cupboards were bare.
BRIC managers looked at each other in shock,
With a new acronym for EM markets – COCK.

 

The dollar was rallying, higher and higher –
For frontier debt markets, a funeral pyre.
There were sellers of iron ore, zinc, copper and gold;
What was mined or extracted got ruthlessly sold.

 

And CNBC then went live with its anchors
Though all in the market considered them disappointing,
The cameras all turned to report news from Janet,
The Fed chief who lived on a different planet.

 

“Information received since we met in October.”
But by now there was nobody left who was sober;
So when she announced her first quarter-point hike,
Since nobody heard her, all markets did spike.

 

The Nasdaq went higher, the S&P too;
The bond market loved it, and Treasuries flew.
The Far East went mental and over in China
The rally in mid-caps could not have been finer.

 

At which point a figure in red fled the room,
Concerned that he’d caused an untenable boom.
The Santa Claus Rally* was with us all right –
“Happy Christmas to all, and to all a good night!”

*Ends December 24th.

Source: SovereignMan.com

 

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Fri, 12/18/2015 - 17:01 | 6940683 shamal
shamal's picture

Perfect Headline !!

 

Fri, 12/18/2015 - 17:02 | 6940687 Pool Shark
Pool Shark's picture

 

 

The Horror! The Horror!

Performance Year to Date:

DJIA:  Down 3.9%

S&P 500:  Down 2.6%

Russell 2000:  Down 6.7%

“NOT OFF THE LOWS”

[That’s gonna leave a mark...]

Fri, 12/18/2015 - 17:04 | 6940700 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

They still have 2 weeks to make it positive on the year, never underestime the PPT. 

Fri, 12/18/2015 - 17:06 | 6940707 Soul Glow
Soul Glow's picture

Who says they want to make it positive?  

Fri, 12/18/2015 - 17:09 | 6940736 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

I think they would like to...erection year and all

Fri, 12/18/2015 - 17:12 | 6940750 gatorengineer
gatorengineer's picture

I think going into the voting booth next year they would rather be saying stocks are up 10 percent YTD.  Easier to do if they start wtih 1900 going in...

Fri, 12/18/2015 - 17:36 | 6940842 The Pope
The Pope's picture

twas the KIKE b4 Christmas...

Fri, 12/18/2015 - 17:58 | 6940910 bania
bania's picture

BRICs, COCKs, whatever. They all just need to get laid.

Fri, 12/18/2015 - 18:53 | 6941092 franzpick
franzpick's picture

Twas The Dyke Before Christmas...

Sat, 12/19/2015 - 03:37 | 6942292 old naughty
old naughty's picture

Didn't the chap at Vatican say it's going to be a charade?

Fri, 12/18/2015 - 19:28 | 6941198 PrezTrump
PrezTrump's picture

so wrong you are...

they will make as hard as possible for trump and his presidency

Fri, 12/18/2015 - 19:25 | 6941189 PrezTrump
PrezTrump's picture

there will be no election this year

they know trump will win

so they hike those rates and celebrate

for tommorow all will be 'saved'

Fri, 12/18/2015 - 17:02 | 6940688 Squid Viscous
Squid Viscous's picture

i prefer 'twas the kike before christmas

Fri, 12/18/2015 - 19:22 | 6941182 PrezTrump
PrezTrump's picture

every time..

Fri, 12/18/2015 - 17:02 | 6940689 Soul Glow
Soul Glow's picture

And when poor Kevin Henry tried for his 3:30 ramp he only had coal in his stocking.

Fri, 12/18/2015 - 17:07 | 6940717 Pool Shark
Pool Shark's picture

 

 

Lucy yanked the football away,... again,... just like yesterday

 

Fri, 12/18/2015 - 17:04 | 6940699 Temporalist
Temporalist's picture

The sugar plum fairies are mugging old ladies of their savings!

Fri, 12/18/2015 - 17:05 | 6940701 Mark Mywords
Mark Mywords's picture

Grandma Yellen got run over by a reinbear
Walking home from Wall Street Christmas Eve
You can say "There's no such thing as rate hikes"
But as for me and Grandpa, we believe

Fri, 12/18/2015 - 17:51 | 6940888 Pool Shark
Pool Shark's picture

 

 

Forget being run-over; Longs got raped by a Bear. Just like DiCaprio:

http://www.eonline.com/news/724787/leonardo-dicaprio-talks-absurd-bear-rape-rumors-eating-bison-liver-and-oscar-buzz

 

Fri, 12/18/2015 - 17:05 | 6940703 Slowdrip
Slowdrip's picture

CNBC, fcking hilarious, priceless!

Fri, 12/18/2015 - 17:08 | 6940728 Temporalist
Temporalist's picture

Catastrophe Night Before Christmas

Fri, 12/18/2015 - 17:06 | 6940710 ebworthen
ebworthen's picture

Too bad the S&P didn't break 2,000.

Maybe Monday.

Fri, 12/18/2015 - 17:09 | 6940713 Janet Shalom Be...
Janet Shalom Bernanke's picture

I'm gonna squeeze you shorts on Dec 31 to keep the indexes green for this year!!  We are working on the headlines and talking points now, so get ready!!  

Did you actually think we did anything other than that?

How else could we be so wrong for so long?  The only data we look at is the closing prices of the markets.  Everything else is just worthless, inconsequential noise to us.

If this makes you mad, you have two groups to blame: 1) our creditors who keep buying our worthless paper, and 2) your government "representatives" who don't give a rat's ass about you and your plight, and let's us do anything we damn well please!! 

Fri, 12/18/2015 - 17:08 | 6940725 Dr. Engali
Dr. Engali's picture

I have never seen a more disconnected group of people in my entire life. Why they're permitted to live is beyond me.

Fri, 12/18/2015 - 18:43 | 6941060 Clockwork Orange
Clockwork Orange's picture

Live and pillage, you mean.  One cannot exist without the other.

Fri, 12/18/2015 - 17:09 | 6940732 Seasmoke
Seasmoke's picture

THEY KNOW NOTHING !!!! - Cramer The Elf. 

Fri, 12/18/2015 - 17:11 | 6940746 gatorengineer
gatorengineer's picture

I like  "The unmensches who stole Christmas...." better

Fri, 12/18/2015 - 17:13 | 6940758 Mr. Schmilkies
Mr. Schmilkies's picture

"Now Buffet! Now Cramer!
Now, Shkreli and Janet!
On, Gartman! On, Corzine!
On, Hillary and Wolf Blitzen!
To the top of the porch!
To the top of the wall!
Now dash away! Dash away!
Dash away all!"

 

Fri, 12/18/2015 - 20:48 | 6941432 Squid Viscous
Squid Viscous's picture

i did a better one a few years back but I'm too lazy now just use Fed jews and their apologists,

 

Blitzer, Blinder, Yellen, Mishkin, Fischer, etc

Fri, 12/18/2015 - 17:25 | 6940806 CarpetShag
CarpetShag's picture

So where are the pundits who claimed there would be a global derivatives meltdown on a .25% rate hike? They were practically claiming we were a c**t hair away from financial armageddon.

Fri, 12/18/2015 - 17:26 | 6940812 ---------
---------'s picture

filthy jew just wants to destroy the only christian holyday in the year

Fri, 12/18/2015 - 17:34 | 6940839 silverer
silverer's picture

Talk about a "hike" before Christmas:  Just got my Obamacare renewal ID card today.  Individual deductible was $6,600, now $6,850.  The policy I was forced off of two years back was not "good enough" (deductible was $5,000).  These guys suck.  They lie.  They purposely deceive.  They cheat.  They steal.  Merry Christmas.

Fri, 12/18/2015 - 19:44 | 6941268 Mentaliusanything
Mentaliusanything's picture

$6850 for out of pocket expences before insurance pays anything????

You better start saving boyoh and put that donut down.

(Fuckety Fuck Fuck Fucked you are)

Fri, 12/18/2015 - 17:49 | 6940877 Cautiously Pess...
Cautiously Pessimistic's picture

Well, while we are at the whole caroling thing....

 

I'm dreaming of a Black Live Matter Christmas.

Just like the one Ferguson will know

Where the rooftops are missing and gangstas listen

To hear sirens in the snow


I'm dreaming of a Black Lives Matter Christmas

With every court summons I write

May your days be merry becasue cops won't fight

And may all your victims be real white.....


Fri, 12/18/2015 - 18:01 | 6940924 Bay of Pigs
Bay of Pigs's picture

I would love to see a very Black Monday...

#DoomChubsMatter

Fri, 12/18/2015 - 18:32 | 6941020 surf@jm
surf@jm's picture

With the headlines stating the middle class is now a minority, its time to raise interest rates....

Since there is no home to borrow equity out of no more, raising the interest on the credit cards they are now using to survive on, continues to drive the middle class into the lower class, just as Karl Marx taught....

When warned of letting lawyers run the country, we should have gave academics an honorable mention.....

Fri, 12/18/2015 - 19:13 | 6941158 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

here's her back up tune, you know it......

 

Yeah, it's pretty clear, I ain't no size two
But I can shake it, shake it, like I'm supposed to do
'Cause I got that broom broom that all the wickens chase
And all the right junk bonds in just the right place

Because you know I'm all about debase
'Bout debase, da currency
I'm all about debase
'Bout debase, da currency
I'm all about debase
'Bout debase, da currency
I'm all about debase
'Bout debase... debase...debase

Fri, 12/18/2015 - 19:24 | 6941186 Flying Wombat
Flying Wombat's picture

Alasdair Macleod on SD Weekly Metals & Markets Discussing Fed Hike, Financial Market Instability & His Best Trade for 2016: Short the Dollar by Buying Silver

http://thenewsdoctors.com/?p=566082

Fri, 12/18/2015 - 20:33 | 6941398 Hohum
Hohum's picture

One thing to remember as we approach Xmas night.

More debt to all, and to all a good night.

Fri, 12/18/2015 - 22:08 | 6941664 JailBanksters
JailBanksters's picture

The rate adjustment that you have to have.

This is not about saving the economy, that boat is done.

This is about saving the incredibility of the Central Bank, nothing more, nothing less. They don't want to blamed for the biggest crash in history, but unless Putin bites into this WW3 propaganda scenerio, they will be taking the blame. So, we'll have to wait until the next economist cover to see what the Rothschilds/Zionists are going to be up to next year, because last years was a real zinger.  How many things on that cover came true, and it's not a prediction if you can make it happen.

 

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