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A recession would mean an improvement at this point. Not sure what this man is smoking...
Futures flat. There is no correlation between the economy and the market. I guess it is what it is.
The market is pricing in 2035E performance, its view is long term...
Futures went up with oil and the the dollar going up....yeah it makes perfect sense.
Should be Alfred E Newmans new slogan.. "What Can Go Wrong?"
Squid is shorting then to loot more.
Germany, last man standing.
Gets more interesting every day. An Zero Hedge called the Italian bond sale perfectly. Voodoo economics now beginning classes on how "you too can profit from European debt crisis."
Buffoon on CNBC. Cannot believe the caregivers let him out for so long.
Becky looks tired. Not easy having little ones.
Buy The Fucking DIP.
Aren't failed bond auctions bullish (rhetorical):
Hungary: Its bond auction earlier today failed and the forint came close to record lows as investors braced for a downgrade of the country's credit rating.
The state wanted to raise 50bn forints (£136m) from six-week treasury bills but received bids only for 35.7bn forints, none of which was accepted, according to national debt agency AKK.
Its all good news, right up until the second it all explodes into a billion pieces. ECB/FED emergency purchasing operations bullish, put it on the serfs who cares?
What is becoming increasingly obvious is that all of the economic numbers that are bandied about may be more unicorn orgasms than reality. The management/indoctrination/propaganda of perception is in full force.
Don't make it sound cheap and dirty. Those Unicorns are in committed, loving relationships with the central bankers. It's just a "blissful release of monetary stimulus"...all over the face tax payers.
Any 'good economic news' depends on 0% free money flow and mark to fantasy. So GS says its all good for this minute until reality re-enters the picture, I'd sell the euphoria rip.
This will go on and on. I have spoken to a lot of people. They all agree for different reasons that we are fucked. When I pose the question "well if you think that the country...and hence the dollar is fucked then why don't you own precious metals?" The look they give me is such that they feel I am sort of an alien retard. An alien retard that smells offensive. It is a very specific look that says I don't understand and yet I am offended. They don't make an eloquent deflationary argument. They think the country is fucked not the currency. So basically by "we" they mean "not me". So far they have been right. Next halloween I am going to dress up as an alien retard (not sure what this will entail) because I want to see if these people ask me why I did not dress up. Ok I'm done.
MarketWatch: Europe losses build after Merkel speaks.
Maybe they shouldn't let her speak so much.
No wonder Angela is panicking!
Merkel Calls For “New Europe” – European Sovereign Yields Exhibit Enormous Variation
I want to see Angela pull a rabbit out of her hat. Or Kaninchen. But I think that the rabbit is dead and has been eaten already.
<=== trust us. even our recessions are goldilocks purrrfect!
<=== adjusted for inflation, we've been in a ww.recession since May. doesn't anybody read zH anymore?
Deflecting blame: look, they are going into recession over there!We're so lucky we don't have a recession over here...
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