• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Spot The Odd One Out

Tyler Durden's picture




 

We are now T+5 from the launch of the good ship QEternity - do you know where your asset classes are?

 

Treasuries, EURUSD, and Oil have all retraced the entire post-FOMC move - US equities not so much...

 

...and perhaps as an indication of times to come for the Fed - what took EURUSD 3 days half-life and 5 days full-life to be digested took a mere 9 hours for the BoJ's latest QE8 effort this week in USD JPY...

 

Charts: Bloomberg

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 09/20/2012 - 12:44 | 2815325 LULZBank
LULZBank's picture

Boldly go where no one has gone before Bitchezz!!!

Thu, 09/20/2012 - 12:47 | 2815341 strannick
strannick's picture

The good ship Qeternity, sailing in green seas of endless liquidity

Thu, 09/20/2012 - 12:52 | 2815358 Dalago
Dalago's picture

We would have also accepted, "Boldly go where no Bitchezzzz have gone before."

 

Tyler, tell LULZBank what he wins!

Thu, 09/20/2012 - 13:04 | 2815431 LULZBank
LULZBank's picture

Is it coz I is too intelligent?

BTW, I did'nt junk you.

Thu, 09/20/2012 - 13:08 | 2815451 SmallerGovNow2
SmallerGovNow2's picture

Like to see gold added to the first chart...

Thu, 09/20/2012 - 14:26 | 2815692 flacon
flacon's picture

...and silver. I think silver is going to go DOWN baby.... in the SHORT TERM. Perhaps retest $32.50. 

Thu, 09/20/2012 - 13:14 | 2815457 Dalago
Dalago's picture

Tis you is.  I uped you and didn't junk you either.

Thu, 09/20/2012 - 13:44 | 2815565 ParkAveFlasher
ParkAveFlasher's picture

I junked you.  I don't know much, but I do know that bitchez always go last!

Thu, 09/20/2012 - 13:59 | 2815607 Dalago
Dalago's picture

Nah son,  Bitchez be versatile; even you didn't end with bitchez!

Thu, 09/20/2012 - 17:15 | 2816279 Overfed
Overfed's picture

Bitchez be crazy!

Thu, 09/20/2012 - 14:44 | 2815753 Angelo Misterioso
Angelo Misterioso's picture

seems like it maybe should be "Badly go where no one has gone before...."

Thu, 09/20/2012 - 14:44 | 2815754 Angelo Misterioso
Angelo Misterioso's picture

seems like it maybe should be "Badly go where no one has gone before...."

Thu, 09/20/2012 - 14:49 | 2815771 Meesohaawnee
Meesohaawnee's picture

is that  down shapiro's pants?

Thu, 09/20/2012 - 12:47 | 2815333 CClarity
CClarity's picture

Or as Rosie wrote yesterday, "There was a time, not that long ago actually, when it was the economy that drove asset prices like equity and real estate valuations.  But today, the causation is viewed, even in policy circles, as running in the opposite direction.  It is asset prices that now drive the economy."  

Or at least that is what Ben and the CBers hope.


Thu, 09/20/2012 - 12:46 | 2815335 Schmuck Raker
Schmuck Raker's picture

Poor Spot.

Thu, 09/20/2012 - 12:50 | 2815367 CPL
CPL's picture

Now see spot run.

WTI is taking off again for some reason.

Thu, 09/20/2012 - 14:21 | 2815672 DeadFred
DeadFred's picture

Futures are done rolling. Good chance this last week's meltdown was caused by month-to-month rollovers.  There's a boatload of liquidity parked in the oil futures market making us pay more at the pumps than we need to but every so often they have to move their contracts or else they'll have to, God forbid, take delivery in a market with not that much demand. This time the month-to-month doorway got a little narrow. Maybe they held a bit longer than they should hoping to catch a bit more profit from the expected ramp from QEternity. Oops, sometimes it sucks to be an evil oil speculator, especially if you're not close enough to the Source to get inside info on exit strategies.

Thu, 09/20/2012 - 12:46 | 2815337 CPL
CPL's picture

New ride at six flags?

 

QEternity.

 

 

 

Thu, 09/20/2012 - 14:05 | 2815628 Relentless
Relentless's picture

This one's gonna make you h-u-r-l!

Thu, 09/20/2012 - 12:47 | 2815344 q99x2
q99x2's picture

Someone better find Bernanke and have him take a look. Something is not right.

Thu, 09/20/2012 - 12:48 | 2815346 slaughterer
slaughterer's picture

We got badly ass raped by the WTi flash crash here.  Sucks.  Put a Bidermann video on ZH tonight so we can feel better.    

Thu, 09/20/2012 - 12:47 | 2815352 Dr. Engali
Dr. Engali's picture

So buy stawks?

Thu, 09/20/2012 - 12:52 | 2815381 CPL
CPL's picture

Yup...I understand this is the dip from chart prognstication..

 

Naw just fucking with you, happens every quarter now.  Set your watch to it.

Thu, 09/20/2012 - 12:48 | 2815353 Dr. Engali
Dr. Engali's picture

Dupe.... Damn fat finger.

Thu, 09/20/2012 - 12:48 | 2815357 slaughterer
slaughterer's picture

Buy MBS and financials--i.e.  the worst crap in the lowest part of the sewer.  You will do well.  

Thu, 09/20/2012 - 12:52 | 2815380 mccoyspace
mccoyspace's picture

The "Bad is Good" menu sure tastes great.....

Thu, 09/20/2012 - 13:04 | 2815428 Bam_Man
Bam_Man's picture

That is called "front-running the Fed".

Thu, 09/20/2012 - 14:22 | 2815677 holdbuysell
holdbuysell's picture

At some point this front-running is going to extrapolate to outside the virtual financial system. Got food?

Thu, 09/20/2012 - 13:06 | 2815445 Urban Redneck
Urban Redneck's picture

Only if you have a TBTF membership card, enabling you to turn around and unload it to the FEDs balance sheet at mark-to-myth pricing for a guaranteed profit, BofA still has 260,000 year-end non-performance bonuses that it must finance.

Thu, 09/20/2012 - 12:50 | 2815362 FL_Conservative
FL_Conservative's picture

Hopey the Clown says we have nothing to worry about.  He and Ben have all their plans in place.

Thu, 09/20/2012 - 12:52 | 2815376 slaughterer
slaughterer's picture

Texting Simon Potter: "Get to Fucking Work!  Signed, BB"

Thu, 09/20/2012 - 12:55 | 2815397 slaughterer
slaughterer's picture

it is only 12:52 and I am getting drunk already next to Kass's office in Sarasota.  Kass is "religiously short" and on margin obviously.  Next to Bidermann, I can think of nobody who stands to lose as much as he if the ES tests 1530-1560 before the 'lection.   

Thu, 09/20/2012 - 12:56 | 2815398 Dr. Engali
Dr. Engali's picture

Has anybody seen Corzine lately? I've been meaning to talk to him.... I need some "advice".

Thu, 09/20/2012 - 12:59 | 2815407 slaughterer
slaughterer's picture

Saw Corzine on the beach with a semi-chubby Italian_american woman half his age.   I think some Paparazzi loaded the images to the web.  Corz' looked kind of down.  

Thu, 09/20/2012 - 13:21 | 2815492 Squid Vicious
Squid Vicious's picture

snooki?

Thu, 09/20/2012 - 13:31 | 2815526 slaughterer
slaughterer's picture

You know what? she definitely looked like "snooki" (definitely JOISEY GIRL, like ADRIANA on the Sopranos, but chubbier).   Would not hit that babe though when Lisa Falcone is alive and now available and desperately-seeking-non-Phil with the over-ride-nuptial-agreement button firmly pushed.  But what can Corz' do since MFukker got swallowed by the Whale?  He got to bottom pick the babes like the Red SOXX in Fort Myers at Babes stripper club.  

Thu, 09/20/2012 - 12:58 | 2815403 Ineverslice
Ineverslice's picture

Looks like a sinkhole in the middle of that Brooklyn street.

 

Thu, 09/20/2012 - 13:08 | 2815454 MiltonFriedmans...
MiltonFriedmansNightmare's picture

This just in.  The U.S. Federal Reserve has launced a bold new program, namely HFQE (High Frequency Quantitative Easing). This program will enable the Fed to inject additional liquidty, as deemed necessary by the Federal Reserve Board chairmain, at nanosecond intervals in an attempt to address the law of diminishing returns first detailed on an obsure financial website entitled Zero Hedge....full details to follow.....

Thu, 09/20/2012 - 13:23 | 2815496 Muppet Pimp
Muppet Pimp's picture

LOL. Had to log in just to up arrow that.  The fed may have to look at this, of course once they figure out how it works they would just signal QE a couple hundred times per second but withdraw the offer prior to it being utilized.  

Your comment reminds me of an article I read once mocking HFT that reccomended companys update earnings estimates on a nano-second to nano-second basis.  Tried to find it but could not, it was pretty funny.  

 

Thu, 09/20/2012 - 16:27 | 2816135 DeadFred
DeadFred's picture

Ben is not female

"they would just signal QE a couple hundred times per second but withdraw the offer prior to it being utilized

how did he come up with that idea?

Thu, 09/20/2012 - 13:30 | 2815522 Howdan
Howdan's picture

Hahaha that is one of the best comments I've ever read! So funny because if today weren't Thursday I'd believe it was true!

WTF is going on in Equity Indices by the way? WHO is propping up the markets? Very odd.............

Thu, 09/20/2012 - 12:59 | 2815410 spanish inquisition
spanish inquisition's picture

My friend Ben said he is going to buy $40B a month in MBS. Now that he has given me a list, I think am going to sell some shit to raise cash and start flipping MBS to the FED.

Thu, 09/20/2012 - 13:01 | 2815418 Squid Vicious
Squid Vicious's picture

Obama in-trade odds now 69.3%... bullish for businesses everywhere!

Thu, 09/20/2012 - 13:52 | 2815587 Nothing To See Here
Nothing To See Here's picture

"bullish for BIG business everywhere"

There, fixed you...  :-)

The rest of them can have breadcrumbs.

Thu, 09/20/2012 - 13:05 | 2815426 Mercury
Mercury's picture

Throw gold in there and you'll really see the odd one out.

Thu, 09/20/2012 - 13:05 | 2815436 Vincent Vega
Vincent Vega's picture

All is going exactly as Fuck You Bernanke planned.

Thu, 09/20/2012 - 13:08 | 2815453 fuu
fuu's picture

I lol'd.

Thu, 09/20/2012 - 13:11 | 2815464 slaughterer
slaughterer's picture

After I am done with Sauv Blanc I am raiding the IPA and calling it a day.  Sucks to be long WTI right now.  

Thu, 09/20/2012 - 13:31 | 2815533 PlausibleDenial
PlausibleDenial's picture

I thought my rhoids were acting up again only to find that,yes, it was the fucking bernake reaming my WTI position.  Shameless.  BTW @ slaughterer,  come over to Palm Harbor and let's continue the carnage.  

Thu, 09/20/2012 - 13:18 | 2815474 Squid Vicious
Squid Vicious's picture

trannies getting demolished AGAIN today... this is bullish right?

Do NOT follow this link or you will be banned from the site!