Boy I can’t wait for those federal reserve hikes next week. Yellen and co, if they even knew the U.S. had a stock exchange, might be a little more receptive to holding off on rate hikes next week–taking into account recent developments in both the commodity and equity markets. But, she has no idea, whatsoever, that stocks trade. She thinks the American people are fending off burglars by throwing worthless cash at them. Granny is socking the bad guy with a bag of silver dollars, while grandpa is throwing bricks of cash at him, all worthless too.
You know, here in America we have a big problem and we are in trouble. The politicians here and policy makers put America last, as a matter of practive. For the better part of two years, our policy makers, the globalist elites, are more concerned with Europe’s economy, than our own. I’ll say it again, for dramatic effect. Ever since Europe found themselves in a pickle because of their idiotic union, the Fed has permitted, even enouraged, the euro to devalue v the dollar. Hell, they’ve encouraged all currencies to drop v the dollar–because America enjoys waking up to hair splitting declines in sales, earnings and her stock market.
We’ve spent the better part of 10 years, working tirelessly to build an oil and gas infrastructure, so that we didn’t have to rely upon the marauding muslims. Well, that’s been completely destroyed in less than 2 years. It will take decades for us to get back to where we were a few years ago. Don’t you see what’s going on here? We’ve been hijacked by jackasses!
Why?
Because the brainless morons at the Federal Reserve enacted a policy that accepted foreign competitors to gain a distinct advantage v us, through currency manipulation. What did our Fortune 500 companies receive for this benevolent behavior: BILLIONS in dollars in currency losses, crashing commodities and a destablization in the equity markets not seen since 2008.
Our wonderful biotech sector has been crushed. Public markets aren’t receptive to them anymore. One could argue that they were in a bubble to begin with. While that might be true, it’s never a good thing for a bubble to pop. Don’t you get it? Wouldn’t it be preferable to see the air come out slowly? Of course. We’re not morons. We’ve seen what happen when bubbles pop and it’s not pretty.
Impossible, with policy makers who put America last and politicians who pander to an idiot class of people who don’t know the difference between a stock or chicken stock, we are doomed to repeat the mistakes of old because we have incompetents driving us into a wall made of dynamite sticks. This is like a bad cartoon.
So, what options do we have left, other than to grabbing them by their stupid shirt collars, these vapid ignoramuses, to make them look at what their doing?
“HEY, REMEMBER WHAT YOU DID TO US IN 2008? WE’RE NOT GONNA LET YOU DO IT AGAIN.”
Crash the whole damned thing and make them regret what they’ve caused. That’s assuming they even care, which I highly doubt to begin with.
What am I doing?
I’m preparing for the worst, hoping for the best.
If you enjoy the content at iBankCoin, please follow us on Twitter
I’ll believe the rate hike when I see it. If it doesn’t come this will be the lucy-vs-charlie-brown-and-the-football rugpull in a long line of them that bears have faced. This time next week could be the epic short squeeze to end them all for all we know.
In 2016 the filthy Europeans will pay us back for saving their economy by contacting for our natgas.
“filthy Europeans” … “will pay us back for saving their economy by contacting for our natgas.”
Sleep deprived and stupid.
There will be no liftoff. In fact, we will likely go to zirp, with a dash of QE.
Just raise rates and get it overwith already.Then
leave us alone for a year.
You people aren’t paying attention. Fed is projecting rates of 1.38% using “dot charts”
Do you really think Yellen doesn’t know what she’s doing. Unlikely.
she’s either highly incompetent or purposely trying to hurt America, You tell me
Love when Fly goes full panic mode.
She knows what her econometric model says that’s it. Never traded a market in her life.
The academic dogma can be seen from the fed to the white house. No one with real experience is in charge. Only people with good grades.
bingo
The corporates don’t deserve zero interest rates.
Better they pay interest to banks so they can
pass some of that along.Much better than
those stupid buybacks they engage in.
Is this your Limbaugh of finance impression? You’re so funny!! The glaring contradictions, the doomed gloom rhetoric and broad strokes of what’s bad for America. Splendid parody!
Last I heard you say is, what’s good for the economy’s bad for the economy depending on the sector.
gibberish. talking about broad strokes. your criticizm is non descript