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
23,474 Blog Posts

Bill Gross Tweets: ‘This is a Supernova that will Explode One Day’

B. Gross, tweeting out from his corporate account at Janus, is talking real greasy this morning, bringing supernovas and record 500 year low yields into the discussion. Mario Draghi most certainly doesn’t appreciate this shit. Hey, the Fed wants to hike rates, thought. Right?

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Yields have been crushed lower again.

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11 comments

  1. peso trader

    There’s definitely a “wall of worry” out there, but is it made out of Chinese sheetrock?

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  2. frog

    Everything is made of cheap materials in China now. The wall of worry is no different. But the Chinese sheetrock in the wall of worry didn’t keep the rally from 2009 from happening. And it won’t keep it from continuing, once we finish churning.

    We are going to have a woman president. And that will be powerful for economic growth. We women can grow babies, live humans, inside ourselves, Compared to growing live human beings, healing and growing the economy will be a piece of cake. All the parts of the economy are already out there. We just have to get them moving again. We need to get money flowing throughout society, instead of just to the very tip top of it.

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    • peso trader

      No, Hillary doesn’t look at it that way, but it sounded really sweet…

      “The unborn person doesn’t have constitutional rights,” Hillary Clinton 4/03/16

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      • frog

        Pro vs. con on legal abortion is a whole ‘nuther matter. If she doesn’t consider a fetus to be a person until it has grown inside her for 9 months, then she has as much right to her beliefs about that as you have to yours.

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    • btn

      Hillary can’t solve problems she doesn’t see. Read carefully what she says about wall Street. She just say that she will ake sure WS doesn’t hurt Main Street again, ***but she doesn’t say anything about whether that will require any changes to current law.*** She thinks are fine as they are

      “I think that the banks of New York and our other financial institutions are probably the biggest winners in this,” she said, “which is one of the reasons why, at the end, despite my serious questions about it, I supported it.”
      – Clinton in a 2008 radio show

      She’ll probably hire som WS exec for Treasury, as she refused to rulke that out.

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      • frog

        I do prefer Bernie. But I think Hillary will make a good president, just not as good as Bernie.

        We citizens need to face some ugly facts: In our current system, almost every person in public office or running for public office is where they are because of campaign donations. Until we get Big Money out of politics, by overturning Citizens United and through other measures, all of our elected officials are probably going to be bought and paid for by special interests. And we can’t blame them for playing the game we have set up by the rules we allow to be there.

        If we want that to change, we have to change it ourselves.

        It’s like we set up a big basketball court on our property and then complained “But all the people who are winning the game are playing basketball.” Well, duh….

        If we want them to play baseball, then get rid of the basketball court and set up a baseball diamond. What I mean here is, set up public funding of elections, limit donations from special interests, make them transparent etc. etc.

        We need to do everything we have to do to get Big Money out of politics and to find and elect public servant type candidates. Then the politicians who win will be playing the game we want them to play.

        Within the system that we have set up, Hillary will be a far better president than the U.S. deserves. If we set up a better system, we can get something better.

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      • frog

        Perhaps even Hillary herself would be a better president if we got the Big Money out of politics, so that she didn’t have to be beholden to it, to get elected or re-elected. Let’s get Citizens United reversed as soon as possible, so that she knows she won’t be beholden to Big Money to get re-elected– and that she can take the big risk of carrying out the will of the people in safeguarding Main Street.

        The way things are now, a politician can not risk safeguarding Main Street, because if they do, their donations will dry up, and they will not have enough money to campaign. And they will be blocked by the Powers That Be in numerous ways, including Special Interest propaganda. This Special Interest campaign propaganda has successfully persuaded Main Street to vote against its own best interests for decades now.

        We can’t blame the politicians for that. As Shakespeare said:

        “The fault, dear Brutus, is not in our stars (or in our celebrites or our politicians)
        But in ourselves, that we are underlings.”

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      • heaterman

        Frog you are truly blond and can’t see the forest for the trees.

        You said this…”In our current system, almost every person in public office or running for public office is where they are because of campaign donations. Until we get Big Money out of politics, by overturning Citizens United and through other measures, all of our elected officials are probably going to be bought and paid for by special interests.”

        So you think putting the reigning queen of big money special interests in the White House is going to change that?
        I can’t find a word in Websters that adequately describes the idiocy of that logic.

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  3. stockslueth

    Smash Mouth – Walkin’ On The Sun
    https://www.youtube.com/watch?v=LQj–Kjn0z8

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