Empire Fed Crashes At Fastest Pace "Since Lehman"

Tyler Durden's picture




 

Against hope-strewnm expectations of a bounce from -4.6 to -4, Empire Fed printed a disastrous -19.37 - the largest miss on record. New orders collapsed, shipments plunged, and employees and workweek continue to contract. Forward-looking employment expectations also plunged. The last time Empire Fed crashed to these levels was the immediate aftermath of the Lehman bankuptcy and the global financial crisis and the peak of the recession in 2001... but we are sure this is just transitory.

Not "off the lows"

 

Storm in a teacup?

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Fri, 01/15/2016 - 08:46 | 7049920 Bangin7GramRocks
Bangin7GramRocks's picture

ZH big thick purple veiny hard ons stiffest since Lehman!

Fri, 01/15/2016 - 08:49 | 7049929 SethDealer
SethDealer's picture

Lehman is the gold standard for crashes

Fri, 01/15/2016 - 08:59 | 7049972 StackShinyStuff
StackShinyStuff's picture

Yay - first SINCE LEHMAN of the week!

Fri, 01/15/2016 - 09:03 | 7049986 bamawatson
bamawatson's picture

moments ago

Fri, 01/15/2016 - 09:40 | 7050192 Save_America1st
Fri, 01/15/2016 - 11:03 | 7050482 erkme73
erkme73's picture

What's going on with ZH website? SLOW, missing pics, bad formatting? Is this the end??? Head for the hills!

Fri, 01/15/2016 - 08:59 | 7049973 VinceFostersGhost
VinceFostersGhost's picture

 

 

"Since Lehman"

 

I got killed for saying that. I'm going to apply for clemency in Obama's final days in office with an ounce of freebase cocaine....super hard to get these days.

 

My campaign slogan will be "Jail Jon Corzine and free GetZeeGold".

Fri, 01/15/2016 - 08:46 | 7049923 papaswamp
papaswamp's picture

Sure have been alot of...'largest miss on record' going on. One would think the sheep would notice...but perhaps thats why they are sheep...

Fri, 01/15/2016 - 08:50 | 7049936 Mark Mywords
Mark Mywords's picture

Baa.

Football. And the holidays. Numerous distractions to keep them inexorably distracted. They even have distractions from their distractions.

I hate them more than do the Elite because I have to live amongst them.

Surrounded by stupid.

Fri, 01/15/2016 - 09:54 | 7050269 vq1
vq1's picture

well said. willing enablers. 

Fri, 01/15/2016 - 08:49 | 7049925 NoDebt
NoDebt's picture

I'm just glad this is happening on Obama's watch.  "Obama's fault" for the next 15 years.

Of course he'll just deny it's happening which is why I have often said none of us will live long enough to see the next officially declared recession.

Fri, 01/15/2016 - 08:51 | 7049939 papaswamp
papaswamp's picture

No no no... good news is due to Obama...bad news is due to GOP congress. The media has been at this game for time now.

Fri, 01/15/2016 - 09:13 | 7050036 Ghost of PartysOver
Ghost of PartysOver's picture

The media has been at this game for time now.

What is this "Media" you speak off.  I am only familiar with the Department of Propoganda Indoctrination.

 

Fri, 01/15/2016 - 09:22 | 7050092 corporatewhore
corporatewhore's picture

Please provide evidence of any difference between Con-gress and our Dear Leader

Fri, 01/15/2016 - 09:14 | 7050045 yudd
yudd's picture

Obama: "i dindu nuffin"

Fri, 01/15/2016 - 09:15 | 7050053 Twox2
Twox2's picture

Anyone claiming that America’s economy is in decline is peddling fiction

 

Umm, wait...

Fri, 01/15/2016 - 09:34 | 7050145 Sages wife
Sages wife's picture

That one will get alot of mileage in future history "books"; reminds me of Mom jeans.

Fri, 01/15/2016 - 10:05 | 7050392 Twox2
Twox2's picture

I've never understood how anyone could make riding a bike look so wimpy...

Raise the seat, lean forward, put on some sports gear...for goodness sakes man, you're the President of the United States.

Fri, 01/15/2016 - 08:48 | 7049928 Pliskin
Pliskin's picture

There will NEVER be another recession in the U.S.

The MSM will take care of that!

Everything is 'Rosy' nothing to see here folks, now...about Kim's new hairdo...!!

Fri, 01/15/2016 - 09:15 | 7050049 SWRichmond
SWRichmond's picture

"It's easier to be cynical, to accept that change isn't possible and politics is hopeless," Mr Obama said in his final State of the Union address on Tuesday night.

Read more: http://www.smh.com.au/world/state-of-the-union-address-barack-obama-warns-against-giving-in-to-cynicism-20160113-gm4vbw.html#ixzz3xK3QC1Hk
Follow us: @smh on Twitter | sydneymorningherald on Facebook

 

The old cynicism is gone.  We have faith in our leaders.

https://www.youtube.com/watch?v=PlluBFIFTAY

 

Fri, 01/15/2016 - 08:49 | 7049930 Jstanley011
Jstanley011's picture

Just broke yesterday's lows on ES. Down amost 50. "Hold onto your butts..."

Fri, 01/15/2016 - 08:51 | 7049942 overmedicatedun...
overmedicatedundersexed's picture

entropy if you do not know about it,, you will..the gears of commerce are grinding to a stop. and obuma is golfing, zombie western populations can't even spell entropy. debt has killed the economy of the world.

Fri, 01/15/2016 - 08:50 | 7049935 wmbz
wmbz's picture

PPT will have to shut down all porn, snort a few lines and pump their asses off today.

It Friday damnit!

Fri, 01/15/2016 - 08:55 | 7049943 Baby Eating Dingo22
Baby Eating Dingo22's picture

Janet cracking open her piggy bank yet?

Or is she too busy dry humping it?

Fri, 01/15/2016 - 08:55 | 7049957 Soul Glow
Soul Glow's picture

Janet got the shakes coming out of the shower and cracked her head open when she fell to the floor.  SHe was last heard saying, "I threw up a in my mouth a little bit."

Fri, 01/15/2016 - 08:54 | 7049953 Soul Glow
Soul Glow's picture

I'm getting the feeling there is going to be a lot more headlines that end in "Since Lehman".

Fri, 01/15/2016 - 09:18 | 7050059 yudd
yudd's picture

i think "since Lehman" will be replaced by something new in 2016 cant wait for FALL season starting Sept 2016

Fri, 01/15/2016 - 09:28 | 7050123 Osmium
Osmium's picture

"Since Goldman" has a nice ring to it.  We can hope.

Fri, 01/15/2016 - 09:02 | 7049982 Janet Shalom Be...
Janet Shalom Bernanke's picture

CENTRAL BANKS' CRIMES AGAINST HUMANITY -- HEARINGS, TRIALS, & PUNISHMENT

When do the Congressional Hearings to examine the crimes that the Fed has committed start?

Then the public outcry for criminal charges and jail time?  

Maddoff got 300 years for his crimes,  the Fed's are much worse.  Can we give them 1000 years each?

 

 

Fri, 01/15/2016 - 09:03 | 7049987 Early Retirement
Early Retirement's picture

Bloomberg ran out of space on the Internet and will report this over the weekend.

Fri, 01/15/2016 - 09:15 | 7050057 taketheredpill
taketheredpill's picture

bull-ish

 

Fri, 01/15/2016 - 09:22 | 7050098 SoDamnMad
SoDamnMad's picture

Hey, You got Lehman but we got MUZZIES (a European). I'm thinking about offering a trade.

Now there Was Bergdahl for 5 Taliban. Merkel for Yellen and Sara Palin?

Fri, 01/15/2016 - 09:23 | 7050101 SillySalesmanQu...
SillySalesmanQuestion's picture

When I first read the headline, I thought the FED Empire had been used as a crash test dummy...

Fri, 01/15/2016 - 09:30 | 7050130 FreeNewEnergy
FreeNewEnergy's picture

While NoDebt may be happy that this is happening on "Obama's watch," I'm actually grateful that here in the great Empire state, the "worst since Lehman" moment is occuring during the reign of Colonel Cuomo, the leader of the fascist NY government, that holds lotteries for big money giveaways (Google or Bing "Cuomo Hunger Games" to see what I mean), insists that the minimum wage in NY be $15/hour and got lucky when the US Attorney's office recently found no evidence to continue a criminal investigation into the activities of the Governor's office.

Andrew Cuomo is the biggest shitstain on the state of New York ever, and, let me tell you, we've had some pretty big shit stains, like his father, for instance, or Nellie Rockefeller, to name just two.

This comes just a day after the governor's "state of the state" fantasy trip, and his calling for a constitutional convention (likely to proclaim him emperor for life, no doubt).

Fuck yeah, bring it, bitchez! 

Fri, 01/15/2016 - 10:03 | 7050246 Montani Semper ...
Montani Semper Liberi's picture

 +100

 He showed his true colors last year in that hanger when he declared, with an angry scowl on his face, that the State of New York's struggle to deal with historic, record snowfalls, was all due to a lack of funding. Everytime he opens his mouth, it's to complain about the fact that not enough taxpayer money is being spent.

 BTW, is anyone else noticing ZH's struggle to handle all the traffic this morning, or is it just my server?

Fri, 01/15/2016 - 09:35 | 7050157 Sanity Bear
Sanity Bear's picture

"since Lehman"!

 

nep nep nep nep nep

Fri, 01/15/2016 - 11:23 | 7050595 PleasedToMeatYou
PleasedToMeatYou's picture

Someone in the Lehman family really needs to name their firstborn "Since". 

Fri, 01/15/2016 - 12:08 | 7050842 zeroaccountability
zeroaccountability's picture

Look, all of this negativity is getting out of hand.  I suggest you step back, take a deep breath, do a shot, drink a beer, and JUMP YOU FUCKERS!!!

Fri, 01/15/2016 - 12:28 | 7050974 honestann
honestann's picture

The predators-that-be destroyed the economy... and now some people are starting to notice.  Finally!

No surprise.

All the kings horses and all the kings men...

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