Here's A Chart You Won't See On CNBC
What goes up, comes down considerably faster.
For global stocks, Bloomberg notes, the way down ($15 trillion lost in 7 months) has been much easier than the climb up ($30 trillion added in 4 years).
Source: Bloomberg
With markets from Asia to Europe entering bear markets this month, stocks worldwide have lost more than $14 trillion, or 20 percent, in value from a record last June amid worries over global growth and deepening oil declines. The pace of the drop has been so fast that it has already unraveled about half of the rally since a low in 2011.
And here is a bonus chart from Bank of America, which looks at the S&P on an equal weighted basis, to avoid such aberrations as the collapsing market breadth phenomenon, also known as FANG. Spot the symmetry.
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This is keynes occurring now. They are breaking it.
but but but Fiction; they were peddling Fiction
b hussein homobama told me so
dupe
I have a distinct chubby
#DoomChubsMatter
They're making a killing on shorts; believe it. The real evaporation of wealth is on all of us who own a piece of a 401k or other retirement instrument dependent on the stock market's health.
Sounds like a bunch of candidates who need the saftey of a Myra. Coincidence? I think not.
Won't mean a damn thing until the bankers/financiers and their bought-and-paid-for political class start losing their fucking heads. Then we can really celebrate.
Even more fun when their private security details end up even ditching them...
...bought-and-paid-for political class start losing their fucking heads.
Don't mean a thing, if "they" ain't got that "swing".
Nah, a Fargo Chipper or a Musollini Piñata would bring in more $$ for PPV.
True if you're being a spectator. But when being active rather than passive, I'll side with the Beatles: Happiness is a Warm Gun.
But when being active rather than passive, I'll side with the Beatles: Happiness is a Warm Gun.
A PENIS...is a warm gun. Bang bang shoot shoot.
Mother Superior jumped the gun.
(That is how the Beatles got that around te censors...)
When a woman moans, "That is happiness", well, it is a double entendre.
You shoot with your weapon then Sally Rottencrotch will play with your gun.
The best part will be when the tech unicorns go under.
It ain't real until it's Pink-Slip Friday at the FANG's, Twatter & (rotten) Apple.
Just took my pants off. Now it's even moar fun.
The bubble blowers are looooooooong gone, this is Calpers, IRAs and 401ks taking one for the "team"
Every rollercoaster is built this way.
WEEEEeeeeee !! UH OH....puuuuuke !!!
everthing is fine...just ask MarketFarce....
http://www.marketwatch.com/story/dont-panic-dont-sell-plan-2015-08-26
Kudos to u Kaiser for keeping the honest money torch burning. Might not do as much good. But better than the shit that might be in store. I almost never post anymore cause I am just so sick of the bullshit. The market could close green today...it is that FUCKED.
Stay the curse!
The comments on that article are telling.
Just think ...all it took was one lousy quarter point hike, bitchez !
"I see Jim Bullard"
+1000 That is fucking hilarious!!
HOW ABOUT A NICE HAWAIIAN PUNCH!
Well, with Yellen as the country's equity analyst and Bullard as the commodity analyst we are in good hands. By the way who is the Fed's credit analyst?
Get me out NOW!!!
Talking about market cap...Intel Corp not looking too hot today.
Who's got steely dans Black Friday cranked up on the box?
Time to pay the piper
May be time soon to try that 7% China market halt, or stox may be going down the 20% full monty.
Yes, I know I'm naive about such matters, but what's the problem if a lot of rich people who think they are rich becaue they hold a piece of paper that says somebody owes them money wake up and discover that they really are not rich. Their current "wealth" is illusury, and to the degree they live their lives based upon illusion, a dose of reality is a cure, and the sooner they get one, the better off they will be.
On the other hand, he who panics first, panics best, and the urge to find bagholders is a strong one.
@kicaha: You're not naive. You're sane in an insane world. Common sense has become highly uncommon.
the middle class do not riot like Baltimore. however they do have access to hundreds of millions of guns.
"...they do have access to hundreds of millions of guns."
And big screen TVs as the Patriots, Panthers and Packers play this weekend.....
And then there are these necessities: http://beerchips.com/
Eat em and smile!
I expect that the masses won't riot until after Feb 7 Super Sunday.
aw the poor puddy tat fall down
Bank of Israel how? Bank of Japan how? Bank of Switzerland how?
And they're still capping gold and silver prices to keep the suckers in the financial casinos. There hasn't been a greater example of price manipulation in the precious metals market than at this moment when EVERY market in the world is RED.
http://money.cnn.com/data/world_markets/asia/
Wow. The "good" news just keeps on coming. I think it's time to duck and cover.
16,000 by 3:50. Undecided on adding the /s. Glad I went to cash before the hike.
Everything in life is the same. It takes a long time to build something, be it a relationship or a building. But it only takes a moment to decimate it.
"Like boots and hearts, when it starts, it really falls apart."
-T. Hip
Boom boom boom boom boom boom boom
These boots are made for walkin'
and that's just what they'll do:
https://www.youtube.com/watch?v=SbyAZQ45uww
"The gold road's sure a long road, winds on through the hills for fifteen days...These boots were made for walking; Marquis de Sade don't wear no boots like these. Gold's just around the corner, breakdown's coming 'round the bend." Stone Roses
Maybe its because she's my sister: https://www.youtube.com/watch?v=XRdtPaVaqYY
You're right. Many have lost lifelong relationships over a cocktail and some sweet words.....others have lost buildings over a couple of office fires
Nice head and shoulders top on that bitch.
Exactly! You beat me to it.
Nice pattern. Means more downside.