This is a great way to close out the week, with the annihilation of overzealous bears. It made no sense to be short stocks, into what appeared to be a very obvious end to western civilization.
NOTE TO SELF: Western civilization never ends, especially when it seems to be ending.
Markets are higher by 300 and the hallowed halls of Exodus called the rally, yet again. The free trials end tonight, so sign up now to get a 5-day pass to the best market intelligence platform the world has ever known.
We get to enjoy a 3 day weekend, thanks to President’s Day. The work never ends here, at iBankCoin. Boot camp begins Monday! Please join Jeff Macke, Jeff Kohler and Raul for a week of in-depth discussions about the market and what trades might make sense in the coming weeks ahead.
If you enjoy the content at iBankCoin, please follow us on Twitter
The Winship is Central Bank Cocaine. OMG I thought us Bears were done with them until March..WSJ Central Banks @WSJCentralBanks
The BOJ may call an emergency meeting to undertake additional monetary easing if financial markets remain turbulent
hi
Hi Blah
Winshippery… Ah the good ole days.
I was up like 6% today. Happy weekend!
Today: So far, so good. We’ll see how next week turns out. Happy President’s Day weekend, everyone.
Oh, and it’s quite good news that earl is apparently not going to zero.
Fuck off little frog. You have no money and you do not trade or know shit about markets or anything. What the fuck are doing here? By the love of these hallowed halls ban this faggot. Amen.
In other news. Bill Maher believes the unemployment rate. lol Still thinks poverty does not exist and climate change is all that matters. Trump 2016. Possibly time to see the light. Bloomberg is going to run to stop Feel the Bern. Not complicated.
Yeah, Trump. There’s the answer
VICE. Must watch the truth about the world. Stay long in very short time frames. frog surely is on his way to Feel the Bern in Europe to bask in the glory of Fascist Socialism as it fucking implodes. frog goes to Europe his faggot wonderland or is banned.
The unintentional comedy of the propaganda machine never ceases to amuse:
Banks could cease to be viable businesses, eliminating a key way that money is channeled from savers to productive investments. [Massive bank failures coming.] Money market mutual funds, widely used in the United States, could well cease to exist. [But first, a 20% haircut would not be unreasonable.] Insurance companies and pension funds could face their own major strains. [For structural reasons, they would be totally fucked.]
Ms. Yellen noted that the rates on Treasury bills could go negative even in the absence of a policy shift by the Fed, as has happened a few times in the past. [See, she isn’t as dumb as you think.]
Might new businesses sprout up that allow people to securely store thousands of dollars in bundles of $100 bills, or could people buy physical objects as stores of value that the banks can’t charge a negative interest rate on? [The former are known as treasuries and the latter is called gold.]
http://www.nytimes.com/2016/02/13/upshot/negative-interest-rates-are-spreading-across-the-world-heres-what-you-need-to-know.html
Ironbird, most people are not particularly interested in reading your insults toward me or toward anyone else.
How about making some constructive comments? Since you complain that I know nothing about markets, apparently you must think you do know something. So, by all means, please share your insights so that everyone on the site may profit from them.