Dow Drops 317. Time For Crackheads to Ween Themselves from Stimulus

[Avorysuds]

Well, look at that.

Just like those of us who actually understand the market predicted.

All that artificial driving up of the stock market numbers we kept warning about? Well, we told ya, what goes up, must come down.

And we warned ya that once there were "signs" of an "improving" economy, the crack heads would have to start weening themselves from all that free money pushing up the stock market. Well not free, but with zero interest rates, almost free.

Ooops, in Obama's fucked up Bizzarro World, good economic news is bad news for the stock market.

This is the watershed event. Watch smart investors start to slowly pull out.

While I agree with the prediction, you might want to hold off until a real correct occurs. The FED-R used this as a reason to continue stimulus, thus the markets might recover quickly with that news... Despite all it doing is building a bigger bubble and inevitably a bigger crash, many on the left will claim you are your prediction is wrong if markets recover. Again, recover due to news of no tapering on stimulus spending... stimulus spending meaning hand money to rich bankers to then lend to the peeon public at large.

Why does the FED-R not give me loans at .2%?????????? COme on Obama, fight for equality!!!

 

[Avatar4321]

The market dropping 300+ is not good news unless you are investing against the market.

 

[EconChick]

Well, look at that.

Just like those of us who actually understand the market predicted.

All that artificial driving up of the stock market numbers we kept warning about? Well, we told ya, what goes up, must come down.

And we warned ya that once there were "signs" of an "improving" economy, the crack heads would have to start weening themselves from all that free money pushing up the stock market. Well not free, but with zero interest rates, almost free.

Ooops, in Obama's fucked up Bizzarro World, good economic news is bad news for the stock market.

This is the watershed event. Watch smart investors start to slowly pull out.

While I agree with the prediction, you might want to hold off until a real correct occurs. The FED-R used this as a reason to continue stimulus, thus the markets might recover quickly with that news... Despite all it doing is building a bigger bubble and inevitably a bigger crash, many on the left will claim you are your prediction is wrong if markets recover. Again, recover due to news of no tapering on stimulus spending... stimulus spending meaning hand money to rich bankers to then lend to the peeon public at large.

Why does the FED-R not give me loans at .2%?????????? COme on Obama, fight for equality!!!

LOL, like that last line about equality, Avory.

Good post, and as we've seen, the libs on this thread keep failing to see the point I'm making is a macro-economic point, not a market correction point.

In fact let me repeat the part of your quote that I am talking about: "despite all it doing is building a bigger bubble and inevitably a bigger crash."

But yes, they will continue to fail to see the bigger picture I'm talking about and sometimes there's nothing one can do about that no matter how much you lead a horse to water.

 

[EconChick]

Andddddd the market drops again. Down 69 points. That makes it 2.8% for the week.

Obviously lack of confidence in how the Fed's doing things.

 

[g5000]

The market dropping 300+ is not good news unless you are investing against the market.

One or two days in the stock market are not a macroeconomic indicator. You would think someone claiming to be an economist who is all about macroecomics (which, by definition, is about the economy as a whole) would know this.

 

[EconChick]

The market dropping 300+ is not good news unless you are investing against the market.

One or two days in the stock market are not a macroeconomic indicator. You would think someone claiming to be an economist who is all about macroecomics (which, by definition, is about the economy as a whole) would know this.

Who are you referring to? You show Avatar.

Are you trying to slam me without mentioning my name?

 

[EconChick]

And it's not one or two days. It's 4 days sista. It's not the actual number it dropped by, genius. Its what signal it sends.

 

[EconChick]

The market dropping 300+ is not good news unless you are investing against the market.

One or two days in the stock market are not a macroeconomic indicator. You would think someone claiming to be an economist who is all about macroecomics (which, by definition, is about the economy as a whole) would know this.

I've yet to see YOU discuss what signals the market is sending.

I don't think you grasp that it's sending them.

 

[LoneLaugher]

There is no doom and gloom yet, econchick.

Quit acting sophomorically (not an ad hom when correctly applied ) and hysterically.

Here's the thing, Jakey. Someone with as much formal training as I have can see things wayyyy into the future. Those of you who live in the present....well, there's something to be said for that.....I like yoga and Buddhist temples myself....but we visionaries invariably wind up seeing what people like you can't.

So stop being such a tactical thinker, Jake.

You can see things wayyyyy into the future, huh? You must be incredibly wealthy.

 

[EconChick]

There is no doom and gloom yet, econchick.

Quit acting sophomorically (not an ad hom when correctly applied ) and hysterically.

Here's the thing, Jakey. Someone with as much formal training as I have can see things wayyyy into the future. Those of you who live in the present....well, there's something to be said for that.....I like yoga and Buddhist temples myself....but we visionaries invariably wind up seeing what people like you can't.

So stop being such a tactical thinker, Jake.

You can see things wayyyyy into the future, huh? You must be incredibly wealthy.

I'm not surprised your materialistic brain would make that jump, LMAO. Why are you trying to find out how much money I have?

 

[SteadyMercury]

Yup talking up her creds is her strong point... actually demonstrating any ability to argue the concrete points not so much she tends to punt and attempt any distraction she can.

Check this shit out:

If your brain can't think in a complex way, than you're never going to understand how the economy works. Instead of thinking in third grade math ( 2+2=4) you'll have to think in a little more complex math (like 4 + (5x4) -2+7(x)+2).

 

[g5000]

The market dropping 300+ is not good news unless you are investing against the market.

One or two days in the stock market are not a macroeconomic indicator. You would think someone claiming to be an economist who is all about macroecomics (which, by definition, is about the economy as a whole) would know this.

Who are you referring to? You show Avatar.

Are you trying to slam me without mentioning my name?

Yes, I am talking about you. You claim to be about the big picture and macroeconomics, but you get a thrill up your leg about one day in the stock market and write it large against the entire economy.

No real economist would ever do such an incredibly stupid thing.

 

[Mac1958]

At some point, I think tapering will have an effect on the market.

Is it now? I don't think so. I bought some more stocks this morning.

But maybe I'm wrong. Maybe this is the top. Unlikely, but perhaps.

There are two races going on right now.

First is whether growth can achieve escape velocity before the Fed starts to taper. If it can, rates will be able to rise more appropriately.

Second is whether the Fed can taper before inflation gets ahead of the curve. It if can, then they can head inflation off at the pass.

So, if we grow fast enough, the Fed can taper, suck back out some liquidity, tweak rates to respond to inflation, and we'll be fine. If not, well, I'd rather not think about that.

Happy thoughts!

.

 

[EconChick]

Yup talking up her creds is her strong point... actually demonstrating any ability to argue the concrete points not so much she tends to punt and attempt any distraction she can.

Check this shit out:

If your brain can't think in a complex way, than you're never going to understand how the economy works. Instead of thinking in third grade math ( 2+2=4) you'll have to think in a little more complex math (like 4 + (5x4) -2+7(x)+2).

Yes, in fact it was your Gerber Baby brain I had in mind when I throttled back to your IQ to get on your level.

 

[g5000]

And it's not one or two days. It's 4 days sista. It's not the actual number it dropped by, genius. Its what signal it sends.

Oh, FOUR days in the stock market. That's changes EVERYTHING!!!

BWA-HA-HA-HA!

 

[g5000]

Yup talking up her creds is her strong point... actually demonstrating any ability to argue the concrete points not so much she tends to punt and attempt any distraction she can.

Check this shit out:

If your brain can't think in a complex way, than you're never going to understand how the economy works. Instead of thinking in third grade math ( 2+2=4) you'll have to think in a little more complex math (like 4 + (5x4) -2+7(x)+2).

That is indeed hilarious, though I bet she has no idea why.

 

[EconChick]

At some point, I think tapering will have an effect on the market.

Is it now? I don't think so. I bought some more stocks this morning.

But maybe I'm wrong. Maybe this is the top. Unlikely, but perhaps.

There are two races going on right now.

First is whether growth can achieve escape velocity before the Fed starts to taper. If it can, rates will be able to rise more appropriately.

Second is whether the Fed can taper before inflation gets ahead of the curve. It if can, then they can head inflation off at the pass.

So, if we grow fast enough, the Fed can taper, suck back out some liquidity, tweak rates to respond to inflation, and we'll be fine. If not, well, I'd rather not think about that.

Happy thoughts!

.

Ahhhh, finally....a macro-economic discussion. Maybe G500 can take notes.

 

[LoneLaugher]

Here's the thing, Jakey. Someone with as much formal training as I have can see things wayyyy into the future. Those of you who live in the present....well, there's something to be said for that.....I like yoga and Buddhist temples myself....but we visionaries invariably wind up seeing what people like you can't.

So stop being such a tactical thinker, Jake.

You can see things wayyyyy into the future, huh? You must be incredibly wealthy.

I'm not surprised your materialistic brain would make that jump, LMAO. Why are you trying to find out how much money I have?

I'm trying to figure out how you don't die from embarrassment.

My materialistic brain? You got me. If I could read the stock market wayyyyy into the future, I'd be cashing in. If you aren't.....you might just be lying about your abilities.

I'm beginning to think that you are a very dishonest person.

 

[g5000]

At some point, I think tapering will have an effect on the market.

Is it now? I don't think so. I bought some more stocks this morning.

But maybe I'm wrong. Maybe this is the top. Unlikely, but perhaps.

There are two races going on right now.

First is whether growth can achieve escape velocity before the Fed starts to taper. If it can, rates will be able to rise more appropriately.

Second is whether the Fed can taper before inflation gets ahead of the curve. It if can, then they can head inflation off at the pass.

So, if we grow fast enough, the Fed can taper, suck back out some liquidity, tweak rates to respond to inflation, and we'll be fine. If not, well, I'd rather not think about that.

Happy thoughts!

.

Ahhhh, finally....a macro-economic discussion. Maybe G500 can take notes.

I take it you did not read the link I provided to my Fed bond bubble topic.

 

[LoneLaugher]

Yup talking up her creds is her strong point... actually demonstrating any ability to argue the concrete points not so much she tends to punt and attempt any distraction she can.

Check this shit out:

If your brain can't think in a complex way, than you're never going to understand how the economy works. Instead of thinking in third grade math ( 2+2=4) you'll have to think in a little more complex math (like 4 + (5x4) -2+7(x)+2).

That is indeed hilarious, though I bet she has no idea why.

Like, wow!