The NIKKEI is lower again this evening, down to the tune of 230 points or 1.37%. Mostly all other asian markets, with exception to the kangaroo lovers in Australia, are flat to up. Oil is edging higher, up 0.2%; but no one seems to care.
NASDAQ futures are down 9–because the specter of DATA and LNKD horrific earnings shortfalls are going to wreak a biblical-styled reckoning upon longs tomorrow.
Plus, let’s not forget that Fed’s Mester made a ridiculous speech this evening, craven with lunacy, proclaiming the Federal Reserve rate hikes shall commence, despite all of the hardship and pain being inflicted on an already bedraggled and worn investor class.
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I care. I am super short oil.
May I suggest the Fed does not give a flying fuck about the bedraggled and worn Trader class, and nor should they .
“An equally baffling problem, is who to make wise and those who are required to have wisdom.”
from The Great Crash 1929
By John Kenneth Galbraith
https://books.google.com/books?id=YoXZWqBIIE8C&pg=PA24&lpg=PA24&dq=An+equally+baffling+problem,+is+who+to+make+wise+and+those+who+are+required+to+have+wisdom.&source=bl&ots=6K7YxMwBF2&sig=jzEBoQ70TDPlEaG8fQSIhlDhHbY&hl=en&sa=X&ved=0ahUKEwjgotXz2t_KAhVC7mMKHc4fDpYQ6AEIHzAA#v=onepage&q=An%20equally%20baffling%20problem%2C%20is%20who%20to%20make%20wise%20and%20those%20who%20are%20required%20to%20have%20wisdom.&f=false
t-h-e u-n-w-i-n-d-i-n-g, folks
that’s what happens directly from the circumstances and actions that were occurring 4 years ago some of you and most of you didnt want to see hear or know or were too sheeplike to have any whatsoever critical thinking this-is-just-what-happens-you-should–not—be—-shocked