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Are We Headed Into A Recess/Depress-ion?
we never exited the last recession
we are simply continuing recession on a clear path to armageddon....errr depression
I think we are headed for a recess-less oppression.
+1 hr detention from playground for ORI
nice wordsmithing V.
;-) Gracias HLS.
but but but very highly paid phd economists told me we are in a "growth recession" so everything must be fine
Yeah. The Crash Course throttled me awake especially Fuzzy numbers. We never left the recession. We are now pointing our way happily into a depression.
If the fuckers had just left it alone in 96 when the Boskin Commision got thier hands on it completely difference decisions would have been made along the way. Of course Greenspan pumping the money gin after the tech crash was mistake number two but I am really surprised at the rate of mistakes.
we are 5 years into a global recession. once greece goes, countries like portugal, italy will go, uk will slip back into a depression, if it's not in one already; what's the upside here? oh yeah, speculators could make a killing~
I thought that Art Cashin's Thrusday/Monday observation last week was dead on... and it will be THIS Thusday / Next Monday... Art's always a little ahead of the croud!! Oh, just loaded up on more YANG again!! Yeah!!!
this is a small part of the larger picture. this down cycle comes around about every 1,300 years and usually lasts about 230 years.
Kind of, first to get junked over 50 times, today.
only 4 months late
I heard today was "Risk-On" trading. :-) Hahaha.... LOL. Market gaps almost 200. I would actually classify this short covering/squeeze as "Risk Off" trading and profit taking.
Gaps up on hot air and rumours... very sustainable and the HFTers take over buying and selling to each other at every increasing prices just for the hell of it, after al they get paid to pump
This gap up looks like a gap fill from last week back towards the 50 dma. If this rolls over AGAIN towards the weekend... I would expect new lows.
So..., you think it will last to the weekend?
Right, stocks are up, so how can things be bad? Sure.
Oil is up too, let the good times roll!
My frame of reference for the economy is this full retard circle jerk abortion.
I used to think Hell would be full of pits and burning pools, but in reality it is this, the Devil gives you a 401k and you spend eternity trying to figure out this blasphemy of a market and trade it.
Keynesian stand-off, everyones 'not it', no one willing to take the required huge haircuts, until theyll all get their heads lopped off suddenly one day.
That's a hologram SD1. Their heads never get cut off, it's everybody elses. The hushed secret is that any top o' the pyramid Keynesian has been hoarding AU the entire time. Fiat is a joke that the majority of the audience doesn't get until the bouncer arrives.
I was going to junk you but I assumed you were being sarcastic.
hope you're being sarcastic. if not, the market is not the economy...
OFF DA CHARTS
Yea we're headed right to depression....soon as we have a few more +3% stock market-wide upside days or months or whatever.
Thanks for the added doom. If Europe shits the bed we'll have far worse than a depression, we'll have a revolution.
Such a shame we have to be tied to Europe...'If Europe shits the bed we'll have far worse than depression, we'll have revolution'....its funny I cant think of a single thing I actually need from Europe, at all.
Their women. (Except the French and Italian "women". Otherwise we would get a pussy named Jacque in a beret and the sasquatch women from the boot.)
For Baal's sake have you seen many American women lately?
Adipose, mouthy, androgenous, poor hygiene, unfocused hatred.
+1 for the " " !
"If Europe shits the bed we'll have far worse than a depression, we'll have a revolution."
HOW in the hell is a revolution worse than a depression. I THINK a revolt would be a wonderful purge of the banksters, mobsters oligarchs and all kinda other pecker heads need an ass kicking.
VIVA LA REVOLUCION
all Oligarchs, banksters, mobsters and vested interests on keeping our empire and fraudulant ways, feel free to junk away.
Oh, didnt some of our forefathers mention about needing a revolution every decade or 2? hmmm
The market will be down tomorrow on the same news today... The Markets LEAD - the MSM follows...
Love chart #2...Chicago as the historical liar charted across 60 years.
Folk often talk of CA falling into the ocean...but for my money...maybe another great fire in Chicago, instead. F'n cesspool.
**apologies to the great Mr. Santelli**
The kickoff to GD2 was October 2008. We are just seeing the bopping up and down of the U.S.S. Titanic.
2008= Crash of 1929
The worst is yet to come. And there still is the possibility of WWIII in the not to distant future.
The question should be... When do we get out of the reccession that started in 2000?
When the next round of earnings come out next month to show misses and lower guidance, everyone talking how stocks are cheap will look like. Nut jobs.
Right now, it's all luck if youre a regular trader to profit here. You never know what lie or rumor will be bought so you can be long or short and still be wrong
They will gradually lower 'expectation's lower and lower the nearer it gets so they will end up 'beating' them easily... and away we go again
Velocity of M1 Money says it all: no credit growth, no employment growth, no GDP growth. And to think the Shawdow Banking System is contraction a couple hundres billion a quarter now with no Federal Reserve offset.
In other words, toilet flush this sucker rally will be.
"SEC says reducing market decline percentage thresholds necessary to trigger a circuit breaker"
You know it's coming.
be specific what is coming?
Could be me if only I could get a 'Friends with Benefits' date with Diane Sawyer, Sofia Vergara, or Doutzen Kroes.
the mind reels....
what, is an impersonal pronoun not enough for you? 'It', damn it! 'IT'
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