Atlanta Fed Explains Why It Waited Until The Market Close To Reveal The Lowest Q4 GDP Estimate Yet
As we noted earlier, the Atlanta Fed waited until the market close to reveal its most dire GDP estimate yet: a paltry 0.6%, matching the 0.6% recorded during the "harsh winter" first quarter: one could be forgiven to think that during today's already chaotic selloff, the last thing traders and algos needed was news that US economic growth had ground to a virtual halt in the quarter in which Yellen decided to hike the interest rate.
Moments ago the Atlanta Fed was kind enough to explain the reason behind this surprising delay for a report it usually releases before noon. The answer: "technical delays" and "nothing nefarious."
@zerohedge Apologies for the late-day data release. Nothing more nefarious than technical difficulties, which we believe have been resolved.
— Atlanta Fed (@AtlantaFed) January 15, 2016
Thanks for the explanation.
(49 votes)
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a massage from my woman makes it rise in a matter of of seconds
The Fed's woman is Yellen...
That has the same effect as that nasty injury pic posted by HH yesterday.
I could see how it could be hot.
They didn't say there was any conspiracy - so they appear to be totally above board. Why would any of us think they delayed it so as to merely make the PPT's job even harder? Shame (/sarc) on all of you that think conspiritaroally! (BTW, Congrats to all who can see through this scam!!)
this is totes believable...
just like Obola doesn't want my guns.
good thing i lost them in that boating accident, eh?
The PPT owes them big time.
Yep, ATL Fed, the Hookers and Blow are on Kevin Henry and team tonight !
congrats Tyler, deserved
Technical difficulties: We didn't want to make the markets totally crash into the close.
There's your technical difficulties.
having their heads stuck up their asses also qualifies as a technical difficulty
cmon guys big bowack said monday the econs great... they didnt want to be peddlin any porn ... i mean fear porn...
Lest they be accused of a certain kinda peddlin ... you know.
Don't worry, payback is a bitch. The Chicom's are gonna let their markets crash like a motherfucker on Monday, to the tune of 9 to 11%, and blame the US Fed and the US markets weakness from today as an excuse. They know this will in turn wreck our markets on Tuesday, thus putting more pressure on Ol' Yellin' to talk back the recent rate hike, then that will take the pressure off of the Yuan.
Serious fireworks and drama in store for Monday overseas and the US markets open on Tuesday.
ATL-FED Talking points via Twitter summarized we are bunch of fucking liars.
AKA The "these aren't the droids your looking for" defense.
The Big Short, Michael Bury, all the big banks had "outtages" while they were securing themselves a net short position.
isn't that what they tell you right before the plane falls from 30,000 feet in the air?
technical difficulties huh?
maybe so, but I seriously doubt IT is gonna be able to fix this one...
The fax machine looks like it broke down, but actually one of the economist had just unplugged it. Timely is everthing.
An economist finally earns an hours pay
I said "I know! Everybody funny. Now you (@AtlantaFed) funny too!" George Thorogood And The Destroyers / One Bourbon - live
https://www.youtube.com/watch?v=--AvCsh48bk
Trolled!
"Nothing more nefarious than technical difficulties. Bob the IT guy who's heavily invested in equities had a mental lapse and couldn't remember which server port to plug the RJ45 back into after he'd unplugged it... for some reason. He claims Janet asked him to, but she denies that."
Must be solar flares
Why didnt u guys respond with the follwoing...
"DEATH TO THE MONEYYCHANGERS..."
man up guys...
Yeah we are somebody's now. Ops hope that dose t mean some bodys
Way to keep the CRIMINALS in check...MY MAIN MAN!
"Technical difficulties" OF COURSE *cough* *cough*
I guess even economists need to get real economic data from somewhere, at least to figure out where to stash their own personal wealth while crucifying the average American.
Announcing shit GDP during trading hours would be like sending Wall Street a bag of penis-shaped candy.
"Nothing more nefarious than technical difficulties"
So, they're not saying that it was wasn't nefarious.
Just nothing more nefarious than technical difficulties.
Think about that
Or, could be read:
(There's) nothing more nefarious than technical difficulties.
technical difficulties = hard to draw the charts like they want during avalanche of selling
Why do technical difficulties NEVER happen when there is good news? Seems bad news and technical difficulties are 100% correlated
Nefarious fu*ksticks. If their sorry-a*s government worker apparatus wouldn't work why not just leak the numbers?
The technical difficulties were resolved by closing back above the huge Head & Shoulders Pattern neckline at 1880. If it triggers, it targets 1630. There's some real difficulty for you.
http://pebblewriter.com/are-you-happy/
The Fed decided that they wanted to cause a DEPRESSION when they put the rates up when everyone knows we are already in a RECESSION.
There must be a reason for this, but I surely cannot believe that sane people would wilfully do this to their own businesses and workers.
In conditions like this I hope you all have converted your "PET PAPER" & "PET DIGITS" into "PET ROCKS" which should hold their value during this coming FED CREATED DEPRESSION. _JOHNLGALT
This slightly edited post is from comments made several months ago.
These imbeci**s obviously don’t know sh** from cl*y. The last time the markets gave the FED data signals the ass fell out of the markets and they S*** themselves.
When the FED raises interest rates it will strengthen the already strong DOLLAR and strangle your exports, thus contracting your economy and sending it into a DEPRESSION. The U.S. has wonderful (read awesome) numbers, What is the score now, About 60% on food stamps, (whatever that is). My sympathies to all of you in the U.S.A. who believed in the “DREAM” of home ownership and independence.
To anyone who would like to get out of this World Wide Paper Ponzi Scheme (WWPPS) there must be a precious metals store nearby.
This (WWPPS) World Wide Paper Ponzi Scheme will only work well for "THEM" if the Mushrooms (people) of the world are kept in the dark and fed bullsh*t. "THEY" can't have the Mushrooms waking up and getting out of the Scheme and getting into "PET ROCKS". _JOHNLGALT.
I will have no sympathy for the people I've tried to explain this to, WTSHTF
There is a choice of keeping your life’s labour in airy fairy paper (“PET PAPER”) in which most of the thieves have told you they want to steal (through inflation) at least 2% of your wealth from you.
– If there is deflation you get to keep most of your work (value), If there is the thieves inflation, they get to skim the 2% or whatever off the top, DO NOT FORGET THAT “THEY” CAN TURN ON THE SPIGGOTS TO 10% OR 20% OR WHATEVER and just steal that amount of your life’s work from you.
Or you can convert your excess labour into HARD OBJECTS,
LAND, (can be taxed),
BUILDINGS, (can be taxed),
CARS, (can be taxed and subject to depreciated value),
ART OBJECTS, (subject to personal preferences),
BUSINESSES, (usually valued in “PET PAPER”) are subject to the honesty of management, ETC.) YEAH, RIGHT. We know all about that don’t we?
Getting back to the difference between “PET ROCKS” and “PET PAPER” and now – wait for it – “PET DIGITALS”. I nearly p****d myself when I heard you can give up your life’s work to (invest) in “PET DIGITALS” HEH, HEH, HEH. _YEAH RIGHT.
Give me a break. Do you think I’m a complete F*** W***.
As far as investing in “PET ROCKS” or “PET PAPER” or “PET DIGITALS”, maybe you should ask the Indians, Chinese, Russians, Germans (sorry you can have your GOLD back in ??? years) _because I am not licensed to give investment advice. Best to you all, and more PET ROCKS please. _JOHNLGALT
Can buy and sell treasuries in microseconds. Plan economies in the blink of an eye...
But technical difficulties resolved just 6 minutes after the bell.
Priceless.
All Federal Reserve actions are nefarious.
I'm sure Medley Global Advisors, Goldman, and PIMCO got the info on time.
Someone tweets a legit question and the fed immediately feels the need to deny anything nefarious? lol. You can just see the guilt dripping off these clowns.
Cute. I'm actually willing to believe that it was a technical fuck-up. Shit happens in any enterprise.
More interesting is how they took the time to respond to Tyler. The Fed aren't ignoring the free financial media any more.
First they ignore you, then they laugh at you, then they fight you, then you win. Anyone remember where Ron Paul got that line?
Often attributed to Gandhi, it was actually from a trade unionist speech given in 1918.
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I told this revelation to my 85 year ol' Mud'da and she just spit a tapestry of curses out.
Until the markets are transparent and accountable, honest, she and millions of other smart 'retailers' will not only not go back into the markets, after this downturn, when the muppets will see another 50% sawed off their returns, they will NEVER come back to the market, because they're all going to retire and can't take the risks now.
These @$$?Ø£?#$ have really ƒµç??? themselves, and the markets.
•?•
V-V
Aww shucks SweetD let's give THEM their secret double probation final final chance. heavy sarc
Tyler has some pull.
The early warning panic aka frequency of broker/brokers' grandmother's calls is the best tell.
Fuck you Yellen and the rest of the criminals at the FED!!!!!! eat a bag of dicks! READ THIS-FUCK YOU!
Lol ... how many times have they had similar technical difficulties?
So if they lied, can they all go to jail ... hope, hope!!
They obviously know about ZeroHedge, hence the mention of "nothing more nefarious." Either that, or they're guilty of something and acting defensive. Perhaps both?