Chart Of The Day - This Hasn't Happened Since 2008

If you want to know what’s swirling around the minds of the American population, just look at Google search trends.

It’s all fun and games “buying the f**king dip” until someone mentions “sell stocks.

* * * *

Meanwhile, Americans panic search “buy bitcoin.”

The gig-economy as per “Craigslist jobs” has plateaued.

Americans are now resorting to the “Wal-Mart credit card” in a period of wage stagnation.

Americans search for “Goodwill near me” explodes, as their standard of living declines.

Bottomline: The sad story of the new normal for many Americans is being told through their simple searches on Google. 

Comments

troubadourcapital seek Dec 31, 2017 3:26 PM Permalink

You do realize that search traffic has soared since 2008 because internet traffic has increased right? A better indicator would be to look at how many people search "stocks will fall" divided by how many people search "stocks will rise". A ratio is better than a nominal value.

Financial conditions are easy, but not "too easy".

 

http://bullmarkets.co/are-financial-conditions-too-easy/

In reply to by seek

buzzsaw99 Stevious Dec 31, 2017 3:28 PM Permalink

oh yeah bitchez.  the salvation army has $7.5B in investments alone.  that's because they return so much to those in need.  /s

the salvation army is a fucking hedge fund and real estate holding company.  i gave to them for years until i took a look at their financials.

http://salvationarmyannualreport.org/assets/2017/statements-of-financia…

you need the money way more than they do, trust me.

In reply to by Stevious

Twatter Dec 31, 2017 2:33 PM Permalink

Correlation between craigslist charging to place ads and accepting crypto's not explored. Dollar declining 2% a year, Buy Bitcoin.

harrybrown turkey george palmer Jan 1, 2018 5:16 PM Permalink

by foreigners you means Zionist jews who swarm in like sharks after they have created the conditions for the "meatfest" in the first place, one only has to look at Wiemar Germany after WW1, caused by zionist jews & seized by them after the 1916 Oct deal with UK & US to get US into the war as part of the deal to get Palestine as payment for bankrolling Germany's defeat... AT THE COST OF US & UK LIVES!

In reply to by turkey george palmer

ThePhantom Dec 31, 2017 3:22 PM Permalink

 Im either so rich i've got tuns of stuff to give away and am taking out lines of credit at ma favorite chinese-slave-mart aka Walmart. or...

wages have be flat for 30 years and i need some new undies but i can't afford that shit after i sold my stock and bought bitcoin, which promptly collapsed 30% so im going to take out a walmart credit line and look for a job on craigslist.

Twee Surgeon Dec 31, 2017 3:30 PM Permalink

We are seeing a lot of people 'Downsizing' in our biz. (Moving.) The Goodwill metric might actually reflect people trying to Donate piles of household goods, I mean Mountains of 'Stuff' collected over decades and the Thrift shops are often turning 'stuff' away. Goodwill often has a Dumpster for electronics recycling and that mostly gets crushed for the Precious Metals and Plastics recycling, Fabrics / clothing of lower quality gets shipped to Asia for Fiber recycling (by the container load,) but there is a lot of old gear that nobody wants and the Dump bills are enormous. Yard sales, Garage sales. There is a Glut of stuff moving around looking for a new home. Shoes for Africa and other endevours. It's a Stuff Tsunami, ya' can't burn it, illegal and rightly so. CL gigs is a weather downturn, seasonal rhythm, at least in the Pac NW. People generally know where thrift shops are but they do not google that stuff until they need to get rid of some tired old crap that they can't give away on Craigslist or the Facebook local sell/ trade things. anyone need a Couch and Love seat from 1986 with a few grease spots and minor cigarette burns, matching formica coffee table, Free ! Just bring Truck.

ThrowAwayYourTV Dec 31, 2017 3:31 PM Permalink

In 2008 when the candy machine broke down the dow war under 13000. Here we are 9 years later and its about twice that.

Is it because we produce more? No. Is it because we export more? No. Is it because we manufacture more? No. Is it even because the economy is robust? No.

Its simply because the fed pumped the drug addicts (us) up with more drugs (money)

And we all know how the drug addict ends up sooner than later. Right? Right!

 

hooligan2009 Dec 31, 2017 7:45 PM Permalink

google searches are initiated by bots implanted on devices - they are not active searches by human users, they are installed bots that are "triggered" to conduct searches..

bleh

yerfej Dec 31, 2017 7:59 PM Permalink

I am in the ski hill lodge lobby having a coffee before the restaurant opens, beside me is a low IQ zipper attempting to explain a chart of the price of bitcoin. They were going back and forth attempting to understand the idea of price charted against time and they were not making headway. BUT they were sure that they had to invest as everyone is getting rich.

Yen Cross Dec 31, 2017 11:07 PM Permalink

  The architecture of BTC is antiquated, and transactional fees too high.  I like Bitcash from the fork.

  I'm still doing some research , but Ripple allows peer to peer lending with an authentication certificate. [ you can exchange coins without actually doing a transaction outside of that specific block~chain]

  That may help explain the huge spike recently, as the IRS is NOT treating transfers to other crypto currencies as " same investment" transfers starting in '18.