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Thread: "It's not going to end Well "

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    "It's not going to end Well "

    The Last Time The Dow Was Here... | Zero Hedge

    "Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else."

    Dow Jones Industrial Average: Then 14164.5; Now 14164.5
    Regular Gas Price: Then $2.75; Now $3.73
    GDP Growth: Then +2.5%; Now +1.6%
    Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
    Americans On Food Stamps: Then 26.9 million; Now 47.69 million
    Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
    US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
    US Deficit (LTM): Then $97 billion; Now $975.6 billion
    Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
    US Household Debt: Then $13.5 trillion; Now 12.87 trillion
    Labor Force Particpation Rate: Then 65.8%; Now 63.6%
    Consumer Confidence: Then 99.5; Now 69.6
    S&P Rating of the US: Then AAA; Now AA+
    VIX: Then 17.5%; Now 14%
    10 Year Treasury Yield: Then 4.64%; Now 1.89%
    EURUSD: Then 1.4145; Now 1.3050
    Gold: Then $748; Now $1583
    NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares
    The New Democratic Party Slogan :

    " Return to Power By Any Means Necessary "

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    Re: "It's not going to end Well "

    So I need to buy gold. Other than that...everythign is fine...nothing to see here.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: "It's not going to end Well "

    whats that behind the curtain? is that the Bush Mortgage Bubble and subsequent Bush Financial Crisis? yea, destroying the economy of America and causing the first world wide recession in 30 years doesnt mean anything.

    nothing to see here.

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    Re: "It's not going to end Well "

    With interest and bond rates virtually zero, there is no better place to park money now (and there's lots of it out there) than in stocks of companies with strong balance sheets, lots of money in the bank, and poised to take advantage of things when Obama is finally gone. With Obama in office, the Dow is likely to reach that 20,000 mark, and all the Democrats will think it's because of Obama and they'll be right, but not for the reasons they think.

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    Re: "It's not going to end Well "

    Quote Originally Posted by Vern View Post
    whats that behind the curtain? is that the Bush Mortgage Bubble and subsequent Bush Financial Crisis? yea, destroying the economy of America and causing the first world wide recession in 30 years doesnt mean anything.

    nothing to see here.
    clownsayswhat

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    Re: "It's not going to end Well "

    Quote Originally Posted by ARealConservative View Post
    clownsayswhat
    thats the nicest thing a con has ever called me. will you be my friend? Since you're my friend now, check this out. dont tell anybody. It'll be our secret.

    http://www.treasury.gov/resource-cen...s%20update.pdf

    the Presidentís Working Group on Financial Markets October 2008

    The Presidents Working Groupís March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.

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    Re: "It's not going to end Well "

    You keep printing money it has to flow some where. American's lost 3% plus in earnings last month, biggest drop in 20 years wasn't it, so clearly the money
    is going to have to go some where - stocks are the current "where."

    Just be sure to have a chair when the music stops.

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    Re: "It's not going to end Well "

    Quote Originally Posted by ARealConservative View Post
    clownsayswhat

    Iv'e already schooled this guy on the sub-prime collapse.

    He ignored the volumes of data I posted going back to 1989, and focuses on Bush's 2007 FHA program that was meant to push people out of dangerous low quality loans and into safer loans.

    By 2007 it was too late. He then bllames the 2004 HUD mandates that were part of the 1994 GSE ACT on Bush.

    It's ridiculous. For every source he posted I posted 10.

    He ignored all of the Democrat objections to continued GSE reform from 2002 to 2008 under Bush.

    And he mixed up the 2005 attempt by McCain to regulate the GSEs.

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    Re: "It's not going to end Well "

    Quote Originally Posted by Vern View Post
    thats the nicest thing a con has ever called me. will you be my friend? Since you're my friend now, check this out. dont tell anybody. It'll be our secret.

    http://www.treasury.gov/resource-cen...s%20update.pdf

    the President’s Working Group on Financial Markets October 2008

    The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.
    who cares what the plunge protection team says.

    the president appoints everyone on that board, correct?

    and the board then goes on pointing blame elsewhere. and you find this meaningful.

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    Re: "It's not going to end Well "

    Quote Originally Posted by Fenton View Post
    Iv'e already schooled this guy on the sub-prime collapse.

    He ignored the volumes of data I posted going back to 1989, and focuses on Bush's 2007 FHA program that was meant to push people out of dangerous low quality loans and into safer loans.

    By 2007 it was too late. He then bllames the 2004 HUD mandates that were part of the 1994 GSE ACT on Bush.

    It's ridiculous. For every source he posted I posted 10.

    He ignored all of the Democrat objections to continued GSE reform from 2002 to 2008 under Bush.

    And he mixed up the 2005 attempt by McCain to regulate the GSEs.
    hey, the people Obama hand selected to form the plunge protection team blames Bush

    what more do you want?

    /sarcasm

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