Cramer did an excellent job this evening in describing the inexorable rock you now find yourselves in, long stocks into the teeth of a grindhouse. Make no mistake about it, the path towards prosperity, the ephemeral pursuit of happiness that is always out of reach, is lined with groundworks designed to waste you, leave you at the side of the road, killed.
The Federal Reserve is dead serious about hiking rates. At first, I didn’t believe they would. But the incessant rhetoric cannot all be for show. They’re manipulative scoundrels, not children. Ergo, the only logical conclusion that I can make is they’re interested in causing economic turmoil.
Higher rates will stress oil companies trying to access lines of credit. It will cause issues on both the local and national level. With the world entering a negative interest rate era, it makes no sense for America to diverge by such a degree that we’re seriously talking about hiking rates up to and above 3% by 2018.
If America is the sole bastion of economic prosperity in the world, why on earth would you want to risk upsetting that apple card?
Cramer thinks you need to pray that Yellen isn’t on a war path towards ruin.
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Why she would want a stronger dollar is
beyond me.I don’t think America is at full capacity yet-
or are we.
Fly consider that you dont need to post on cramer nor gartman. I think it would up your trade blog status:)
Consider you don’t need to offer me advice about running a first tier finance site. You’d up your status as a person.
First tier for only $39.50 wow what deal :h
Are you impugning the efficacy of Exodus? All you have to do is ask members if it’s worth their $459 per annum, instead of acting like a snot nosed woman.
Sure, I could retail it out at higher costs. But that’s not what I’m after. To each his own.
First tier is free for most. Damn, you are *paying* Fly to read his blog?
If Fly’s blog was nothing but headlines and entertaining screenshots, I’d still check it out everyday.
I am just fucking with you cus your a pompus ass like all fin bloggers. Marketing is a pompous endevour, so just ny attemt at a pointer to humility.
You can’t even string a few simple sentences together, friendo. Don’t enter in this arena. You cannot win.
Shesh dont be so sensitive. I am fucking yu and typing on a phone sitting on the toilet. I agree with 90% what you say and like your coverage of business sectors and individual stocks. But i trade on my charts only and go to fin blog out of addiction and bordom. So if i pay for a blog it is like magazine subscription for hobby.
Fly’s oversized ego is a big part of waht makes this blog entertaining. Putting that in check would be like if Cramer stopped yelling and pacing about
I think it’s his over sized IQ that makes it all work so well.
The BEST of the interwebs Indued.
On a different note, if the FED is going this route, perhaps the Ark needs a short SHY hedge to go with long TLT.
Fed hikes, long dated yields go lower, while short dated go higher, UNTIL THEY INVERT.
The ark floats.
Are you sure the long dated yields will drop with a FED hike? They dropped late last year and some other times when the FED release hawkish statements.
Short SHY will payout if the FED does raise rates, and will peter on unaffected if they don’t.
I meant that TLT dropped (rates rose) in the short term when the FED raised rates…. You can see TLT fell again before the April 26-27 FED meeting when investors thought they would might raise rates.