Economists are 100% confident that the U.S. can borrow its way to growth as it has for the past four years in a row. Thanks for the profound insight. Meanwhile, the econo-dunce text books now need to be updated to include money printing as a viable source of national income, since 100% of economists endorse the strategy. You can't make this shit up. They didn't see 2008 coming, and they don't see any risks now; so this Globalized disaster can't end until the dumbfucks who created this fiasco are monkey hammered into oblivion...
The Obama Pseudo-"Recovery": A Fake Recovery for a Fake Society
The red bars are the Federal deficit as % GDP, the black bars are the growth rate in % GDP
As long as there is no limit to the amount of money that politicians will plunder from the grandchildren for today's consumption delight, then econo-dunces will always see "zero risk of recession this year". Duh...
Collapse in Broad Daylight
The red bars are the Federal deficit as % GDP, the black bars are the growth rate in % GDP
As long as there is no limit to the amount of money that politicians will plunder from the grandchildren for today's consumption delight, then econo-dunces will always see "zero risk of recession this year". Duh...
Collapse in Broad Daylight
Chinese internet stocks, recent IPOs, Casino stocks, Solar, Fuel Cell, Biotech and Momentum names have all been hammered into no man's land
Late peaking retail Brokerage stocks (Schwab etc.) have rolled over hard
Now financial stocks JPM, Goldman Sachs can't get out of their own way
I'm seeing a trend here...
HFT Bots are hiding out in fewer and fewer sectors all of which peaked late in 2008 as well...
Transports
Outperformed in 2008, 2011 and Now...
Consumer Non-Cyclical aka. "Recession stocks"
Excellent timing, like Transports
Energy Stocks
Right on time...
Utilities
The safest sector. I noticed from the chart below that they peaked in 2007 versus 2008, however, this article indicates that:
And my favourite (yes, again)
It's not everyday you see a company founded in 1886 going parabolic like it's the latest Chinese internet stock
Ode to Fed liquidity and High Frequency Trading:
