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
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CARTER BRAXTON WORTH: ‘We’ve Lost Our Leadership, The S&P is Broken’

Already preoccupied at his winter cottage in the Berkshires, Carter Braxton Worth, generously, hurried down to the CNBC studios in NYC — driving at a furious rate of speed to alert America of the perilous state of the S&P 500. Without having the succor of large multi-national monopolies to buoy markets, Carter believes we’d be lost in the dark, cold, unforgiving sea — without a paddle or a life vest.

None of this portends to a crash of any significant magnitude, but we’ve broken down, we’ve broken down, we’ve broken — the fuck — down.

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12 comments

  1. Marc David

    The system is broken in several areas. How does Wells Fargo get away with 09 shenanigans without repercussions? How does the SnP agency get paid for ratings and is still in business? Apathy at this point. I think we expect it. It’s not really new information. Kinda like bringing up Bill Clinton sexing stiff. Yawn.

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    • Dr. Fly

      you reside in a depraved, sex crazed, city. The midwest are going nuts over the sex scandals.

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    • stockslueth

      I’m afraid it’s all rigged and there’s not a damn thing you can do about it except build up immense wealth in order to do the rigging yourself.

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  2. peso trader

    Maybe Bill Fleckenstein had a previous engagement…IWM (Russell) looks like its at a critical point, I’m watching that.

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  3. it is showtime

    https://www.youtube.com/watch?v=kpxiCxO5k0g

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  4. joyous__ending

    The next 12 months will be flat to down, major trade, volatility, swing opportunities ahead.
    When Exodus says oversold, jump in with something.
    However, foreign policy, terror risk is increasing, there will be a major crisis in 2017

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  5. chuck bennett

    Like clock work, CNBC and Carter

    We go up from here.

    Regards

    Chuck Bennett

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    • john_galt

      I would agree. Especially with Opex next week

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    • it is showtime

      Love you chuck but this financially ignorant & complacently hedonistic period will be met with devastating ferocity someday. Pathetic complacent citizenry

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  6. chuck bennett

    Showtime

    We shall see says the blind man.

    Regards

    Chuck Bennett

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