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[Cholo4Life]

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[tonymctones]

what do you feel the dems and GOP did to cause the sell off?

[Tedim]

what do you feel the dems and GOP did to cause the sell off?

Letting a semi functional retard run the fed....and run his mouth....nm

[tonymctones]

Letting a semi functional retard run the fed....and run his mouth....nm

LOL maybe, tappering is going to happen sooner or later anyway....all he said was that they will watch the economy and when the economy seems like it can with stand it they will begin tappering and not sooner.

it wasnt what he said really it was the over reaction by investors.

[Tedim]

LOL maybe, tappering is going to happen sooner or later anyway....all he said was that they will watch the economy and when the economy seems like it can with stand it they will begin tappering and not sooner.

it wasnt what he said really it was the over reaction by investors.

He can't let interest rates rise....he knows this, no matter what! A 3% increase on bonds will evicerate  the federal budget due to debt payments. He should not talk at all....just pump and hope Europe implodes first!

[George Whorewell]

Dem and GOP politicians need to make sure this doesn't become a habit or they will be looking for real jobs.

Let's recap how ass backwards this situation is. The Fed has been giving out monopoly money and strangling interest rates for years now. As a result, stocks have been artificially inflated to the point of absurdity despite the fact that the US economy still remains fundamentally shitty.

It has now reached the point where Bernake's fart's dictate market activity.

Uh Oh, seems like less economic stimulus (aka free money), better sell.  

To paraphrase a truism which is applicable to everything-- Things that can't go on forever, dont.

The economy is headed for a death spiral.  

[Tedim]

Let's recap how ass backwards this situation is. The Fed has been giving out monopoly money and strangling interest rates for years now. As a result, stocks have been artificially inflated to the point of absurdity despite the fact that the US economy still remains fundamentally shitty.

It has now reached the point where Bernake's fart's dictate market activity.

Uh Oh, seems like less economic stimulus (aka free money), better sell.  

To paraphrase a truism which is applicable to everything-- Things that can't go on forever, dont.

The economy is headed for a death spiral.  

Why so gloomy....scared of a little complete systemic failure, lol

[tonymctones]

He can't let interest rates rise....he knows this, no matter what! A 3% increase on bonds will evicerate  the federal budget due to debt payments. He should not talk at all....just pump and hope Europe implodes first!

not if the rise is as a result of GDP increases...and thats EXACTLY WHAT HE FUCKING SAID!!!!!!

[Fury]

Where are those guy Benny gimmicks Hawk and Necrosis to tell us how great the market is doing.

Kind of funny how those dipshits actually claimed the fundamentals of the economy were strong! LOL!

[Tedim]

not if the rise is as a result of GDP increases...and thats EXACTLY WHAT HE FUCKING SAID!!!!!!

Using the "new" GDP computations?....ROTF

If he stops the pumps....the body dies......nm

[tonymctones]

Using the "new" GDP computations?....ROTF

If he stops the pumps....the body dies......nm

when gdp starts to increase, they will tapper...

it basic economics, not doing so will cause massive inflation.

[Coach is Back!]

Where Benny or his gimmicks thread about how Obama was God when the market was up. This is what happens when you artificially try to pump money into a failed economy.

[Tedim]

when gdp starts to increase, they will tapper...

it basic economics, not doing so will cause massive inflation.

Basic economics requires routine market adjustments without artificial forced growth.....GDP cannot grow faster then deficit spending increases and compounding debt plus entitlement increases....plus manipulating data to show growth is reckless, plus inflation is outpacing growth...even if the fed tells us the opposite. Bodies near death, how long the pumps keep the heart beating is anyone's guess.

[tonymctones]

Basic economics requires routine market adjustments without artificial forced growth.....GDP cannot grow faster then deficit spending increases and compounding debt plus entitlement increases....plus manipulating data to show growth is reckless, plus inflation is outpacing growth...even if the fed tells us the opposite. Bodies near death, how long the pumps keep the heart beating is anyone's guess.

youre all talking points and no actual economic education...

basic economics says that if more money is chasing fewer goods we will have inflation, you know why the govt buys bonds right?

you know what happens to the amount of money in the economy when it becomes stronger right?

what does the fed need to do in order to take money out of the economy in order to help limit inflation?

the body is not near death where do you morons get this shit? the economy is getting better slowly but surely mainly b/c washington finally decided to leave it the fuck alone and let it work its problems out instead of butt fuking it at every turn.

anybody who knows anything knew a correction was coming and if you were smart you saw it coming and either got out if you could or bought some puts.

[pedro01]

We have moved up month on month for 7 straight months.

We have now gone down to last months lows on the market. Sure, we did it all in one go but really - we are just sitting at Mays low right now.

Don't think the sky is falling in just yet. November, 2012 the S&P was at 1340.

Markets don't go up in a straight line but you can guarantee one thing. Every time it pushes up or pushes down, the media is all over it  - claiming it to be the end of the world or the dawn of a new age.

Any new short-term speculative short positions made over the past few days will have to exit by buying. That sort of thing can drive the markets back up just as quickly, in which case somebody will probably write a thread on here about how Obama saved the day and caused the move back up.

There really isn't anything special about the last few days. It happens all the time.

In terms of the markets and their raison d'etre - well that's been fucked for ages. They are a casino.

[Tedim]

youre all talking points and no actual economic education...

basic economics says that if more money is chasing fewer goods we will have inflation, you know why the govt buys bonds right?

you know what happens to the amount of money in the economy when it becomes stronger right?

what does the fed need to do in order to take money out of the economy in order to help limit inflation?

the body is not near death where do you morons get this shit? the economy is getting better slowly but surely mainly b/c washington finally decided to leave it the fuck alone and let it work its problems out instead of butt fuking it at every turn.

anybody who knows anything knew a correction was coming and if you were smart you saw it coming and either got out if you could or bought some puts.

Oh gawd another Econ101 teacher or a investment firm sales jokey mouthing off cause he attended some second rate Econ classes in some Podunk U....

Firstly govt dont BUY bonds they issue them, I really don't feel like having to explain in great detail as I don't care enough to educate you....so I'll keep it brief.

The loss of equity was soooo large that if you turned on every press and printed until the gears wore out you still wouldn't fill the hole left just by the loss of equity in the US real estate.....so inflation is not an issue...QE 1,2,3,4 are nothing compared to central bank swaps the fed has been doing. So that being off the table why would Ben stop pumping money into member banks....

If you think a stronger dollar is an option for a US that has trade deficits with almost every country we trade with.....you need a refresher course....dollar will be suppressed, especially since the four winds policy in China is now in full swing. Wait till the credit markets are completely frozen in China....and there goes your stronger dollar theory.

It's late....and I don't give a shit enough to type more. 

[a_ahmed]

Those who disbelieve spend their money to repel others from the way of GOD. They will spend it, then it will turn into sorrow and remorse for them. Ultimately, they will be defeated, and all disbelievers will be summoned to Hell [8:36]

A system driven by interest that deprives the poor and enriches the rich is bound to ultimately fail. A system bred through corruption will indeed fail. Greed, deceit, deception, lies all tumbling down eventually.

[James28]

Dem and GOP politicians need to make sure this doesn't become a habit or they will be looking for real jobs.

They'll be ok. Walk straight into executive level jobs where you have to know fuck all apart from having a silver tongue.

[Soul Crusher]

Dem and GOP politicians need to make sure this doesn't become a habit or they will be looking for real jobs.

  

And to think a week ago you were praising Dear Leader cause your 401k was ok remember? 

[Soul Crusher]

Who appointed Bernake in the first place after he served as the chairman of his Council of Economic Advisers?

This is bigger than who is in the White House. Money is bipartisan and serious, unlike 98% of the other "political" issues people mentally masterbate about.

That is not the tune you sang last week.   Additionally Obama reappointed bernake remember? 

[dario73]

Dem and GOP politicians need to make sure this doesn't become a habit or they will be looking for real jobs.

HEHEHE! Become a habit?
 
Do you actually believe the stock market should be this high? That bubble will burst, sooner or later, and when it does it will not be pretty.

If the market were to reflect the actual economy it wouldn't even be a 10k.

[Agnostic007]

dropped 560 points in 2 days.. What the hell, I think it was over reaction so I went all in this morning and hope to see a relatively good gain by Tuesday.   

[Soul Crusher]

It's a mixed day today.

Time to go to Lavo for lunch.

 

Look again 

[Agnostic007]

 

[tonymctones]

Oh gawd another Econ101 teacher or a investment firm sales jokey mouthing off cause he attended some second rate Econ classes in some Podunk U....

Firstly govt dont BUY bonds they issue them, I really don't feel like having to explain in great detail as I don't care enough to educate you....so I'll keep it brief.

The loss of equity was soooo large that if you turned on every press and printed until the gears wore out you still wouldn't fill the hole left just by the loss of equity in the US real estate.....so inflation is not an issue...QE 1,2,3,4 are nothing compared to central bank swaps the fed has been doing. So that being off the table why would Ben stop pumping money into member banks....

If you think a stronger dollar is an option for a US that has trade deficits with almost every country we trade with.....you need a refresher course....dollar will be suppressed, especially since the four winds policy in China is now in full swing. Wait till the credit markets are completely frozen in China....and there goes your stronger dollar theory.

It's late....and I don't give a shit enough to type more. 

LMFAO neither but I do help manage more money before lunch then you will make in your lifetime. I made it simple to understand b/c you seem to have a tenious grasp of the reality of the situation.

The Fed doesnt buy bonds eh?

http://www.nytimes.com/2013/06/20/business/stocks-slide-on-fears-of-cuts-to-feds-bond-buying-program.html?_r=0
http://online.wsj.com/article/SB10001424127887324577904578555562630037552.html

this alone should shut you the fuck up....

how is continuing to print money causing inflation going to help replace the equity lost in the housing markets?

Going to be a tight rope walk for sure but it has to happen...