iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Is Bad News Good, or is it Bad Now?

I’m just trying to keep up with the psychotic minds of the people who pull levers. A few month’s ago, good jobs numbers sent the market spiraling, for fear that the Fed would use this new found prosperity to fuck the country. Using the same logic, now that we see people unemployed again, manning soup lines, shouldn’t that mean that rate hikes are entirely OFF the table; therefore, QE is a real possibility, which will jack prices–the fuck–higher?

One thing is for certain: the status quo of watching the economy plod along in the midst of a commodity rout cannot last forever. At some point, the economy needs real stimulus. It’d be nice if the fuckheads in the White House and congress actually gave two shits, and a few camels, about growth and passed some tax cuts/stimulus packages, instead of having to rely on Dr. Frankenstein at the Fed.

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19 comments

  1. linmoo

    Higher job growth = interest rate hike fears = lower equity prices

    Lower job growth = deflation-induced recession fears = lower equity prices

    Think I may switch gears and sit the next few months on the sidelines. Let the Bluestars of the world get their fill.

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  2. sia

    It is wage growth that is the issue here (at least for the markets). If wage growth continues, then the feds will be forced to increase interest rates and nobody wants that (except for old people, but fuck that RIGHT?).

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  3. soupbone

    strive to be a dividend investor.
    Now then, while anticipating Kubrick, check this out.
    https://www.youtube.com/watch?v=cFn-NobVaoI

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  4. doubleplus

    Lol – QE4. Feels like shit about to get trill, being both true and real.

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  5. it is showtime

    Ninety-Three – million americans not counted and not working

    Good news for me, since I want to see the world burn of course
    Or just fall in an abyss

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    • frog

      And when the world burns or falls into the abyss, you are going to be having a wonderful time exactly how?

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  6. jpmorgains

    The fuck – if I know.

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  7. bruce keller

    Next week is about to get gangster as fuck. The daily MACD on a 1 year scale demands it. The MACD on a 10 year weekly scale ensures it. Not to mention the recent hourly death crosses on $IBB and $SOX. The week after that will probably be extremely bullish though. We’ll see if that can make a higher high.

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  8. ironbird

    Has “news” mattered at all lately? The “unambiguously great!” crude crash never did. At least not yet. The rampaging greenback did not matter either. News is for losers. Does anyone own puts?

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  9. bart smith

    You Ahole democrats elected Obama. He won’t do anything for business stimulus but he will give Iran nukes. What a guy! We are too close to earnings for the market to go up on a shitty McDonalds job report.

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    • juice

      If this comment is any indication – America will have another civil war.

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  10. Mr. Cain Thaler
    Mr. Cain Thaler

    As much as I absolutely hate the reasoning behind climate change, now would be a pretty opportune moment to start upgrading the grid.

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    • juice

      The #1 reason behind climate change, which no one will mention, is the global excessive breeding of humans like vermin. Each human requires a carbon footprint, iow, more food to grow, more animals to kill, more soil to pollute with fertilizers, more cars to drive, etc etc. We’s up to 8.5 billions, growing at about 100 million per year +/- 20 mill. No one at the top will say anything because their nuts are in the religious-vice of the colossally-stupid ‘go forth and multiply(like fucking rats)’. Even Pope Francis mentioned the stupidity and irresponsibleness of humans breeding like rabbits. http://www.bloombergview.com/articles/2015-01-20/pope-francis-infallible-nudger

      Since we are irresponsible as fuck, it is high time for births to be regulated. No criminals, drug addicts, alcoholics, those without the resources to raise children so they bleed the tax-payer to raise illiterate miscreants, psychologically unfit, so on and so forth., should be allowed to procreate. When everyone doesn’t stop and look the other way before crossing an intersection, traffic lights are put in to regulate the flow.

      Even though 1st world countries aren’t growing nearly as fast as those rat-like breeding 3rd world countries, we need to set the example for the world, as with nearly everything else.

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      • bruce keller

        Kind of messed up that the people that shouldn’t be breeding are in fact the ones doing it the most prolifically. I’d hate to say it, but regulated births would be most welcome, before things get like they did at the NIMH with the mice. I guess that showed that we will self correct the problem at some point, but the end result of that experiment ended with all the mice dead.

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        • juice

          completely agree – Human aka societal laws are necessary because we just don’t do the right thing with respect to our neighbor, the world we live and breath in aka the planet & fauna & flora .. so for all the ignorant, unknowledgeable, the greedy, the profit-mongers, war mongers, power mongers, societal laws must be implemented … and the entire Creation has its laws of cause & effect which we are fully integrated into .. This out of control breeding will exact a heavy price on all life-forms living, breathing, walking, crawling, swimming in the same world-ecosystem

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  11. pyromonoxide

    thanks for this post! Was feeling a similar unease with this mess around interest rates, jobs, and the crazy reactions.

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  12. narwhal

    Juice, you want to decrease the population? Dress yourself as a seal, and jump into an Orca tank.

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