November Chicago PMI 62.6 Better Than Expectations Of 58.5

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Racer's picture

They got to have their xmas bonuses

SHEEPFUKKER's picture

Turkey rally got stuffed.   

Let's try Christmas??

machineh's picture

Evidently S&P's bank downgrades of last night made the authorities really, really angry.

They are responding with a massive, full-spectrum show of force.

We control the horizontal and the vertical -- do not adjust your set!

EscapeKey's picture

This is the epic finale of the fireworks, where the big rockets go off.

trav7777's picture

like the moon easter egg on COD BO?

EscapeKey's picture

heh, I never got that far, BO bored the shit out of me. far too much of a "on a track" game for my liking...

Quinvarius's picture

LOL.  They really want a Merry Christmas.

SHEEPFUKKER's picture

PM's being held down.......errrrrrrrrrrrr, underperforming.  Grinch

EscapeKey's picture

If something sounds too good to be true, it probably is.

SHEEPFUKKER's picture

Financials fading after the open. Ho, ho, ho. 

SAME AS IT EVER WAS's picture

Who is the best fiddle player in all the world?

Kina's picture
Chicago PMI 62.6

Bwah haha ha ha ha haahahahaha...... why not 162.6 ?

No imagination.

Aunty Christ's picture

with numbers like that, I would love to hear how the Fed's inflationistas ( Yellen,Evans,Dudley et al) justify more QE...

TruthInSunshine's picture

Janet Yellen said there is considerably more room for easing (despite a suspiciously and allegedly strong Chicago PMI number), because they're still waiting on the Ozark Mountain Region PMI, which she expects to beat expectations by less than 27 standard deviations.

fuu's picture

Fucking classic.

"which she expects to beat expectations by less than 27 standard deviations."

Ricky Bobby's picture

Truth your comments are multiple standards above the mean. Bravo!

EscapeKey's picture

Because the banks still are in trouble, and need to bailed out through the backdoor yet again?

No, that wouldn't be the PUBLIC justification, but then you didn't ask for that.

midgetrannyporn's picture

GS and BAC up a whole 4%. Impressive. [/sarcasm]

firstdivision's picture

Soooo...swap lines are now closed since all is well right?

LookingWithAmazement's picture

Bye bye "crisis" and doombloggers. Up for a new boom. Be honest folks, by now the Total Collapse should have come. Merry Advent.

Barometer's picture

Why the need for the swap line then? I recommend you panic...

kito's picture

lookingwithamazement is one of those closet/latent doomers.............

Johnny Yuma's picture

Market manipulation is never permanent. Fade the fuckers, lol!

junkyardjack's picture

I'm just waiting for it to stall a bit and then I'll throw on a position with some wiggle room for it to continue going up a bit before it crashes.  When the market figures out that this fixes nothing the fall should be epic

TruthInSunshine's picture

I legitimately hope we see a 6% rise in equities going into Friday.

Entertain me, markets.

tradebot's picture

Can you imagine what would happen the minute they stop with the marching out of all the experts to assure us that everything is well and good?  When do they run out of these people??? 

junkyardjack's picture

PM markets are fully controlled now I guess.  They won't go anywhere. Crime Syndicate FTW.

luna_man's picture

 

"Great Depressio..."

 

If, I couldn't stand the heat, I would stay out of the kitchen!...

 

patience, is a virtue

 

 

Comay Mierda's picture

gotta print money and massage the statistically meaningless data upward to build CONfidence for the consumer spending holiday season!

this swap bullshit is pure admission to a major liquidity freeze.  half life on this wont last through december.  major banks will fail after.  only the ones that having been sucking off bernank will get more of a "bailout".

2012 - the hyperinflationary greatest depression begins

Tsar Pointless's picture

Everything is great now! Problems are all solved again!

So does that mean my contract will be extended at the end of the year, instead of not being renewed, which currently is the position I am in? Does this also mean that the other 1,500 or so people that are supposed to be terminated at my company, won't be, either? And that my partner also will be getting a job really soon after over 2 years of being without one, and three months since his unemployment benefits expired?

I mean, if the world has been saved, that must mean all of our jobs have been saved, too, and that we should expect to see at least one million jobs created each and every month from here to eternity in the USofA.

Right? Right? RIGHT!?

Tsar Pointless's picture

How in the hell could somebody junk this comment?

Write a comment too, so I can at least somewhat know who has the guts to junk a comment like this one.

I hope you lose your job, too, if you already haven't.

mspgrandi's picture

World hasnt been saved... but really there is not correlation between the financial markets and the job cuts at your company

Tsar Pointless's picture

Clearly, I'm an idiot, because I couldn't figure that one out on my own.

My original post was filled with sarcasm. Dripping with it, in fact.

But with all of the giddiness being portrayed in the CMSM, that's what we all are supposed to believe.

My whole point was, if everything is all better now, surely we all will be gainfully employed, with higher wages and healthcare coverage, and great vacation perks, too, in the coming months and years.

That's where I was coming from.

monopoly's picture

And check out AMZN, how is this possible in Nirvana. Up 1%. 0

SDRII's picture

same bullshit liquidity walk up behind the mask of "better" confidence markers. rinse wash repeat.  

common_sense's picture

HOHO HO HOHOH HOHOHO...GOOD NEWS !!  SO EVERYTHING IS OK....

          VERY LARGE BULL SHIT  !!

FED BAILOUT/LIQUIDITY:  VERY LARGE BULL SHIT

ECB BAILOUT/LIQUIDITY:  VERY LARGE BULL SHIT

REAL ECONOMY: REAL REAL REAL VERY VERY VERY LARGE BULL SHIT

POLITICS: VERY REAL LARGE BULL SHIT

CONCLUSION: END GAME FOR POLITICS, THE MOTHER OF BULLSHITS....!!!!

 

sabra1's picture

credit agencies are part of the scam! the oldidorks plan #33 of the masons, is to create chaos, then bring in a controlled solution! they profit from both sides of a war! it's time to wage war against them, if anyone really feels like it!

SDRII's picture

Upside surprise in Chicago correlate with obama gallop numbers

common_sense's picture

STILL INSERT COIN  INSERT COIN   INSERT COIN....

 

NOT ENOUGH

NOT ENOUGH

NOT ENOUGH

TruthInSunshine's picture

Cue RoboMomoRearViewPaperTraderFader in 3.....2......1.....

common_sense's picture

REAL ECONOMY... DOESN'T MATTER !

FINANCIALS:  VERY IMPORTANT !

TAX HAVEN EVERYWHERE:  THE MOST IMPORTANT !!!

FUCK OFF POLITICS,  WE DON'T NEED POLITICS NOR FINANCIALS, WE CAN SURVIVE WITHOUT ALL THIS SHIT.

Dick Darlington's picture

Hahahaa, we have truly and deeply entered into the central planner twilightzone squared!

Stax Edwards's picture

My honest opinion is that US recovery has taken hold (in the real economy).  I have been positioned 85% or so net long (no fins) for some time and thought the market had it wrong the week before Thanksgiving. I experienced max pain that week! Economic data and talking to insiders led me to this conclusion.  The Euro has been a black cloud over US markets so I welcome this rally!

BTFD!  Merry Christmas!

Dick Darlington's picture

Nov. 30 (Bloomberg) -- Following is the text of U.S. online help wanted
advertising from the Conference Board.

Online Labor Demand Dips 76,200 in November, The Conference Board Reports
     Labor demand drops 76,200 in November for the sixth consecutive monthly loss
Average monthly gain for 2011 is 15,800 Nationally, there are 10 million more
unemployed than advertised vacancies Download the National Historical Table.
     Online advertised vacancies were down 76,200 in November to 3,857,200,
according to The Conference Board Help Wanted OnLine Data Series released today. The
November drop follows a dip of 14,000 in October and 44,000 in September. The
Supply/Demand rate stands at 3.53, indicating there were 3.5 unemployed for every
online advertised vacancy in October, the latest monthly data available for
unemployment.
    “The November decline in labor demand, following on the heels of the drops for
the previous five months, is not good news for the labor market,” said June Shelp,
Vice President at The Conference Board. The average monthly gain for 2011 is now
just 15,800, as the decline of 589,000 in recent months has largely offset the gain
of 763,000 in early 2011. The lackluster labor market is impacting a wide range of
occupations including the occupations we think of as professional jobs in companies
(Management, Business and Finance, and Computers and Math). All have lost ground
over the last six months, and the November online labor demand for each was modestly
below the number of advertised vacancies in January of this year. (See occupational
detail section.)

 

And what does ADP? Well it goes higher of course!

LarryDavis's picture

It seems safe to say that manufacturing activity is increasing the US. The employment picture echoes this.....