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Complete January Chart Porn

Tyler Durden's picture




 

Our comprehensive monthly chart porn packet comes courtesy of our favorite chartist: The Punchline's Abe Gulkowitz who has just released the January edition: "Jump Ball 2012 Will it all Fall Into Place in 2012?" - the narrative is brief (by definition) by as always cuts right to the chase. "It’s a new year and US economic activity is looking better. But magic is still needed to resolve the numerous challenges ahead. The best scenario is that the cyclical upturn gains momentum here in the U.S. and the rest of the world falls into place. Many are right to expect fourth?quarter GDP growth in the U.S. to have been a 3.5% growth pace, but still expect the spillover from Europe and policy uncertainty to cause GDP growth to decelerate over 2012. We have attempted to flush out some issues that are inadequately covered in the press… First, despite impressive improvement in the U.S. business scene, the recovery remains awkwardly distorted. The continuing deep slump in the housing market is partly to blame. The construction sector added only 47,000 jobs in 2011. More than 2 million construction jobs have evaporated since 2007, and the sector’s job count is back to its level in 1996, when the population and the economy were smaller. Second, the role of government spending has become so extended that it might take years to correct. Third, market liquidity measures have been drying up as big banks and financial institutions play defense. This is both a function of new regulatory underpinnings and the morass in Europe. While the focus of politicians and market players has been to remedy the short term necessities in the fiscal and debt crisis, the long?term challenge for Europe is to find ways of reducing its divisive divergence in economic performance and boosting overall rates of growth. If these issues are not addressed and resolved, the continent will remain locked in an asymmetric pattern of trade and stagnant living standards for both rich and poor countries. Such broader issues will require imagination and structural changes to the current framework, and faster growth worldwide than is currently on the drawing board…" Must read for even the most time-pressed and ADHD afflicted flow desk traders.

Full chartpack:

 

 

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Mon, 01/09/2012 - 17:00 | 2047675 Squishi
Squishi's picture

who touched my butt?

Mon, 01/09/2012 - 17:07 | 2047702 economics1996
economics1996's picture

MDB

Mon, 01/09/2012 - 17:45 | 2047808 JPM Hater001
JPM Hater001's picture

Speaking of Butts...anyone need a cigarette now?  I am sublimely content with the emeliaration provided by the chart porn.

Mon, 01/09/2012 - 18:04 | 2047863 Jendrzejczyk
Jendrzejczyk's picture

I'm wearing the patch, but would love to join you.

Mon, 01/09/2012 - 18:29 | 2047905 bob_dabolina
bob_dabolina's picture

Shit, I'm wearing the patch smokin' a cig and have a fat lipper in.

Mon, 01/09/2012 - 18:32 | 2047913 Mr. Fix
Mr. Fix's picture

My cigarette is electric. I just refill it when it runs low, and recharge it when it goes dead.

 No BUTTS here!

Mon, 01/09/2012 - 18:38 | 2047922 bob_dabolina
bob_dabolina's picture

That's cheating. It's like having sex with a condom...just not the same experience.

Mon, 01/09/2012 - 18:57 | 2047963 JPM Hater001
JPM Hater001's picture

And by that you mean sans a woman.

Mon, 01/09/2012 - 19:16 | 2048013 bob_dabolina
bob_dabolina's picture

Well aren't you just a witty chap. 

Do you get paid for that type of originality?

Mon, 01/09/2012 - 18:15 | 2047883 DaveyJones
DaveyJones's picture

everyone at the SEC

but don't worry, now you're immune

Mon, 01/09/2012 - 18:26 | 2047897 S P L C
S P L C's picture

Good afternoon Zero Hedge readers. I have taken it upon myself to monitor these comments for hateful and extreme rhetoric. But don’t get me wrong – I am not here to spoil the fun! As long as we can all keep the comments within reasonable precincts, we can all get along and you’ll hear nothing from me. However, should the discourse become intolerable, I may from time to time intervene to maintain civil dialogue and notify users when boundaries have been breached. 

Mon, 01/09/2012 - 18:46 | 2047937 Squishi
Squishi's picture

chart porn may have unintended consequences. 

Mon, 01/09/2012 - 18:51 | 2047949 PeterB
PeterB's picture

Chumba's alter ego?

Tue, 01/10/2012 - 01:49 | 2049258 Milestones
Milestones's picture

Well SPLC; you are going to be quite the busy little fella. Go getum tiger!!          Milestones

Thu, 02/23/2012 - 19:00 | 2191006 jomama
jomama's picture

it's ok if you did!

Mon, 01/09/2012 - 17:00 | 2047680 zorba THE GREEK
zorba THE GREEK's picture

The charts look much better when you view them upside-down.

Mon, 01/09/2012 - 17:37 | 2047790 I think I need ...
I think I need to buy a gun's picture

this is all getting boring with the same news recycled and the same articles,,,,,

Mon, 01/09/2012 - 18:58 | 2047967 JPM Hater001
JPM Hater001's picture

Yes, it really does suck when the only news is bad news.

Mon, 01/09/2012 - 17:01 | 2047682 LawsofPhysics
LawsofPhysics's picture

Ah, if only technicals meant anything.  For now, this is indeed simply chart porn.

Mon, 01/09/2012 - 17:11 | 2047692 Irish66
Irish66's picture

alcoa loss3 cents, revenue better, margins gone down the toilet

Mon, 01/09/2012 - 17:32 | 2047768 Caviar Emptor
Caviar Emptor's picture

Shuttering 12% of their smelting plants, laying off many

Mon, 01/09/2012 - 17:34 | 2047776 SheepDog-One
SheepDog-One's picture

But PROJECTING 10%-15% better demand thru 2012 'the year of recovery'!

No QE, all casino players are on their own we're not handing out any more free chips.

Mon, 01/09/2012 - 17:51 | 2047832 Caviar Emptor
Caviar Emptor's picture

Can't have a recovery without more aluminum.

Big tell on the true health of housing construction, and usually held as a big tell on the general economy. 

Can you spell "contraction"? 

Mon, 01/09/2012 - 18:06 | 2047869 s2man
s2man's picture

I"m sitting on two-years' of beer cans, copper wire and brass fittings, waiting for the prices to go back up.  Last time I remodeled a house I got to sell the scraps at peak prices...

Mon, 01/09/2012 - 17:09 | 2047713 hedgeless_horseman
hedgeless_horseman's picture

 

 

You can't have COMPLETE January chart porn without January Jones...

Mon, 01/09/2012 - 17:19 | 2047738 SheepDog-One
SheepDog-One's picture

Meh....kind of a ginger...

Mon, 01/09/2012 - 17:27 | 2047754 _ConanTheLibert...
_ConanTheLibertarian_'s picture

FAIL. Gingers are hot!

Mon, 01/09/2012 - 18:08 | 2047876 Captain Kink
Captain Kink's picture

Dude, he's a master. Miss January. It's almost too much. 

Mon, 01/09/2012 - 17:20 | 2047739 Sudden Debt
Sudden Debt's picture

Are you a muslim?!?!? THAT IS NOT PORN!
My eyes just went to sleep and my dick looks like a deflated balloon when i see you version of "porn"....

Mon, 01/09/2012 - 17:26 | 2047756 Hephasteus
Hephasteus's picture

http://www.huffingtonpost.com/2012/01/06/subliminal-message-in-porn-al-q...

It's funny how corporations use sublimal messages in advertising and then "terrorists' are somehow responsible for adopting that technique,

I guess Cherry 'Machette" McSlut does text but only at really high speeds.

Mon, 01/09/2012 - 18:28 | 2047902 Sudden Debt
Sudden Debt's picture

This is something i will investigate!
EVERYBODY TO THE VIDEO STORE!!!!!!

Mon, 01/09/2012 - 17:57 | 2047851 I think I need ...
I think I need to buy a gun's picture

speaking of porn maria bartolomhomo is blowing jamie dimon on cnbc right now.... what a great interview if you want nothing of substance

Mon, 01/09/2012 - 17:25 | 2047752 papaswamp
papaswamp's picture

why is my keyboard sticky?

Mon, 01/09/2012 - 18:29 | 2047904 Sudden Debt
Sudden Debt's picture

Sorry about that... I meanth to clean it....

Mon, 01/09/2012 - 17:31 | 2047767 I Told YOU So
I Told YOU So's picture

perfect tata's

Mon, 01/09/2012 - 17:24 | 2047723 LouisDega
LouisDega's picture

Im sorry, But no matter how hard i try, Chart porn does not give me a woody. Try some Seymore Butt or Remington Steel videos

Mon, 01/09/2012 - 17:15 | 2047724 Ima anal sphincter
Ima anal sphincter's picture

I think just the porn would be best right now. Any way you look at it, people are getting f---ed.

Mon, 01/09/2012 - 18:51 | 2047952 Squishi
Squishi's picture

I like my president fucking the interns

instead of fucking the nation.

Mon, 01/09/2012 - 17:18 | 2047730 Sudden Debt
Sudden Debt's picture

More than 2 million construction jobs have evaporated since 2007, and the sector’s job count is back to its level in 1996, when the population and the economy were smaller

....

No how could we fix that.... Population smaller....
Smaller population..... I just know the sollution is in the this little riddle....

Mon, 01/09/2012 - 17:46 | 2047819 Falcon15
Falcon15's picture

Check the Georgia Guidstones for a clue to the riddle.

Mon, 01/09/2012 - 20:09 | 2048104 ebworthen
ebworthen's picture

For some reason, I see Roddy McDowall and Charlton Heston having a conversation there.

Mon, 01/09/2012 - 17:18 | 2047731 SheepDog-One
SheepDog-One's picture

Another green rosy close across all indexes! All news is GREAT!

What QE3? Where's the need for it anywhere? Green shoots are coming up ROSES everywhere!

Mon, 01/09/2012 - 17:35 | 2047781 Caviar Emptor
Caviar Emptor's picture

Sputter Sputter

Notice the bounces in between the declines are getting more brittle....

Like a rubber ball falling down stairs, there will be bounces in between the downsizing of America

Mon, 01/09/2012 - 17:35 | 2047782 non_anon
non_anon's picture

long dong Silver

Mon, 01/09/2012 - 17:38 | 2047795 Caviar Emptor
Caviar Emptor's picture

Yes. That's been the strategy of my hedge fund: long the Dong/Silver

Tue, 01/10/2012 - 01:02 | 2049160 respect the cock
respect the cock's picture

respect the dong

Mon, 01/09/2012 - 18:30 | 2047908 Sudden Debt
Sudden Debt's picture

And Ding Dong Gold!

Mon, 01/09/2012 - 17:52 | 2047835 metaxzen
metaxzen's picture

I hate not being able to print out these scrib things... nice summary. 

Mon, 01/09/2012 - 17:52 | 2047836 metaxzen
metaxzen's picture

I hate not being able to print out these scrib things... nice summary. 

Mon, 01/09/2012 - 18:00 | 2047853 rosiescenario
rosiescenario's picture

The value of Chinese companies de-listing exceeded the amount raised in their IPOs.

 

Now that is funny.

Mon, 01/09/2012 - 18:05 | 2047868 Zero Govt
Zero Govt's picture

"...the recovery remains awkwardly distorted.."

Would that be so "awkwardly distorted" it doesn't look like a recovery at all?

Mon, 01/09/2012 - 18:32 | 2047910 Sudden Debt
Sudden Debt's picture

It's like those colour mixed photo's at which you have to stare for hourse and where you suddenly see the dragon

Mon, 01/09/2012 - 18:07 | 2047873 jomama
jomama's picture

might eyes might be going, but i can't see the charts!

WTF am i supposed to fap to nao??!!!

Mon, 01/09/2012 - 18:21 | 2047890 Lazane
Lazane's picture

my head is spinning....

Mon, 01/09/2012 - 18:50 | 2047946 Snakeeyes
Snakeeyes's picture

Spectaular!

Mon, 01/09/2012 - 19:13 | 2047999 Meremortal
Meremortal's picture

Not enough jobs? Maybe we should proceed closer to the old Soviet system. Unemployment was extremely low. They had a different problem though. The Soviet citizens had a saying to describe their condition: "Everybody's working but there's nothing on the shelves."

 

 

 

Mon, 01/09/2012 - 19:51 | 2048113 ebworthen
ebworthen's picture

Great charts and illustrations, but they all seem to point down?

I heard that the economy was recovering?

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