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Doesn't matter, CNBC is still interviewing some comatose baby-boomer CEO white guy. He is clearly unaware of the barbarians. He will be eaten by the poor.
Kudos to Tyler for the MS coverage. Naaaaiiiled it!
Dooshland? My geography is a little rusty.
dooshland = deutschland = germany. it's a joke. ha ha. nevermind.
Probably not if you are German; and, aslo probably not if you are a grown up.
yeah, I thought it was stupid too.
Waffled is doing well today. How is Pentagon country doing?
Turn off Cnbc. Here is something more interesting:
UK = DOA? Dead on Arrival ???
UK = Rotten Albion
Saw clown Cramer do his jig dance for MS live yesterday and the tone and tempo was the EXACT SAME as it was when clown Cramer said all was well with Bear Sterns.
Could someone please explain what this means in English and why?
What exactly does -8/2 on the 5s10s yield curve mean?
5's to 10's are inverted. Belgium just joined the ranks of the PIGS where insurance costs more in 5 yr space than 10 yr space. a bad bad sign. unless u r short...LOL
<-------- Dow 10,000 Caps to feature here before this weekend
<-------- No Dow 10,000 Caps featured this week here
Just dug out my trusty old DOW 9K hat.
Coincidence cause I got my trusty AU 9K hat :)
Tyler you are her clever and prolific. If you accomplish nothing else with zh other than discrediting GS and Framers you will have done a service for society
When they write the history books zerohedge will be a prime resource.
What makes you think there's going to be electricity around to recover the information?
Better yet, what makes you think there's going to be anyone around to write history?
Sheesh, you hopeless optimists.
That's why I print out every page of ZH and put it in my vault. So the next intelligent life forms will realize that some intelligence existed here in on Earth.
Edit: I meant: very clever (not 'her' clever). And Cramer (not Framers). (Droid autofill, helpful sometimes, others not...)
Time to roll up the sleeves and scream like a spoiled little bitch...
Yep, Tuco knows if youre gonna throw a temper tantrum, then throw it! Dont just talk about it.
Belgium cash bonds are taking a hit now also. Curve flattening, 2yr up 15 bps, 10yr up 10 bps.
AH but Bernanke The Great is due to quiver his lip at some egghead economists this afternoon. I dont know why ANY 'economist' still has employ in the U.S.
And for the totaly surreal event of the day, senate is threatening China again to 'play fair' with their currency because 'We need jobs created'? Hey dumbass senate, dont you remember YOU sent all our jobs and factories to China in order to beg for money to fuel the bullshit '75% Borrow to Consume' economic model? UNBELIEVABLE! Like crackheads demanding their dealer pay for their rehab and medical bills.
More downside ahead for equities. Yesterday's close was very bearish. Oil continues to look very bearish with more downside ahead in the near term. Also the AUDUSD keeps falling in lockstep with the ES. Bearish price action should continue in the very short term before a retracement. http://bit.ly/pGPGCZ
'Retracement' yea sure. Even Golden Slacks says theres 40% chance of recession, which is an admission we are in a depression.
Yep, Morgan Stanley needs to go bankrupt.
Greece will default by November 16
O'rly? Like they said for end-of-september, then mid-october, now it's going to precise dates.
Gimme a break!
Morning to the US -- here in Germany the DAX is roughly down 4% already and lost a major support of 5250 -- happy trading :)
Those CDS levels are getting to be like a gas mist over the trenches in Belgium during the Spring of 1915. Lets hope it doesn't go those extremes.
Tuesday, Oct 04, 2011 08:14 AM
. . . . . . . . . . . . . . . . . . . . . . . . .
Austrian Finance Minister says that EFSF should not buy government debt and should not become a "bad" bank. This leaves bond-buying up to the ECB then...
07:27 AM FRIEDEN SAYS DEXIA SITUATION ISN'T LIKE 2008, NOT IN A PANIC
Which confirms they are in a panic.
Theyre right its not like 2008, its way worse, because theyve fixed nothing and this time they dont have any way out.
Not only have they fixed nothing, they've made the situation worse by several trillion dollars, and they've wasted all their bullets. Although, like the guy above said, I believe there will be a partial retracement of this dive from the highs in May. But after the partial retracement, look out below, as the 2009 lows will be taken out on the way down to much lower lows.
Morning from the UK too. The FTSE down 3.3%, briefly below 4900, soon to carry on it's travels.
where is sudden deathß
Around the corner - otherwise it wouldn't be "sudden".
Oh man - I actually watched Cramer last night just to have something on during dinner...
I used to watch him on a very regular basis as I was usually doing my own research etc... when he was on but have stoppped watching him in the past couple years.
The dude is completely full of it. Is either TOTALLY disconnected from what is going on, or is completely full of it to the general public.
FYI - Morgan is TOTALLY FINE!!! Of course he wouldn't buy the stock here - but they are totally fine. "Look this isn't 2008..." No kidding jackass - it's 2011...which may be even worse.
well, he was whining this morning about being 'picked on'....God this little man has a thin skin, then again, he may also be self aware enough to know the critics are actually right and he just has to let us know 'it hurts'.
If I recall correctly, it was Northern Rock that ushered in the wave of great financial sector collapse...so, it is only fitting that we return the favor on this side of the Atlantic and offer up the first sacrifice (MS, BoA, C, RF...take your pick)...it's a race to the bottom...let the games begin!
The rabble are finally coming over the "walls" as in "Wall Street"...pitchforks, torches, and nooses are the order of the Day.
But Jamie Dimon thinks he is being treated unfairly...
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