Horns a goring, lemmings a running all together to the cliff of insanity and even so-called pundits fo the other side say....buy cause it's going up and your cash is turning into turtle soup.
BUBBLE ACTION here folks, you in , you swimming with lemmings and sharks.....and the thought to be exintct puffer fish. ALL THE SAME MARKETS all going up, GOLD, FOREIGN MARKETS (cept SSEC lately) COPPER, CRUDE OIL, of course our beloeved DOW and SPX.....gold fish even... all the same action reeks of a liquidity driven bubble formation....as the US $ toilet tissue stuck on the bottom of your shoe...you can't kick the fing thing off...shoooo....is diving in opposite direction to the DAY it all started in MArch....amazing
SO you will know this f'd up same tired game that keeps messing with us normal folk, you'll know when it ends? and only thing keeping it going is all you buying into it, and well the instigators staying with the program.....no corrections, no dividends....no worries.
Why it's the rally of a lifetime that says it's leading us right ack to the top of where SPX earnings were in a blink of an CYCLOPS eye.....can't you see all those jobs being created? come on I know you can.
OH...you paying close attention to the LEI"??? good thing it's telling you the stock market a HUGE component is going up.
BLS stats on employment? other stuff? ALL effected by games with "SEASONAL ADJUSTMENTS"....who knwos what to believe....it ain't that . AFTER ONE YEAR dudes and duettes get DROPPED like a stone from the counting...sure....the number can go DOWN , reason for celebration? as poor bastards w/o jobs who gave up and the GOV gave up on them get roasted at the fire and dropped like hot potato from the counting eyes of the datameisters.
CPI? we dont got no stinkin' inflation! FOOD and ENERGY get dropped out....those rising COMMODITY CHARTS? disregard.....well one thing demand has dropped off cliff, what ever is floating them higher? hmmmm
FED STUCK IN THE SWEET SPOT? yeah more like WET SPOT! AS prices rise for real tings...it dampens demand where these smart fellows are trying to goose....unintended consequences and of course they are genuises (same ones got us in mess too) and will stop what they're doing and do no harm.
BUT, after ALL THE MONEY GIVEN AWAY, thrown from the 'copters...given away and we're not telling who or where.....ZERO interest rates.......what we got folks?
What we got is DECLINING DEMAND FOR DEBT!!!! OOOOPPPS all this hooplah and there is NO proof in REAL WORLD ANYTHING THE FED HAS DONE is sending the troops to the DEBT ALTER.
ALL the poor minyan want to do it seems is to pay DOWN debt from the trough feedings and survive...
SO anyone telling me we're OK, getting OK...excuse me if I don't agree....I live in the real world that seeks equilibrium and a trip back to the norm the bald heads don't want us to get back to.
Castles made of sand, slip into the sea...EVENTUALLY...turn out the light on your way out...
Duratek
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment