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
16,734 Blog Posts

In Spite of Your Local Fears, S&P Futures Are Indicating Sharply Higher

I’ve just about had enough lobster for a lifetime. The last time I visited this delapidated meth den was 7 years ago, at which point I was rolling in dough — trying to explore the country. This go around, I’m still rolling in dough, but I’m also in search for constant cultural enrichment. If I’m not around teachable moments, I get bored very quickly.

Speaking of which, I taught myself a lesson tonight, after gouging myself to the gills like a pig off a lobster roll of extreme proportions. I went to the famous Red’s Eats in Wiscasset and I have to say it was severely overrated. Although they slapped an entire lobster on my roll, I found myself hating lobster after it was done. Thus far, my favorite roll was discovered at Ford’s Lobster in Noank, CT.

Post the rise of white supremacy and the specter of a barrage military action by the Trump regime, S&P futures are higher by 8. Japanese GDP came in at +4%, which is an outrageous number. I don’t even know what to think about it.

It’s probably bullshit.

Via Zerohedge

The unexpectedly strong GDP print was driven by a 9.9% jump in private non-residential investment as well as an striking 21.9% annualized surge in public investment as some of the public works spending included in last year’s economic stimulus package starting to emerge; meanwhile exports declined.

On a sequential basis, GDP rose 1.0%, above the 0.6% expected, up from the 0.4% in Q1 and the highest print in just over two years.

I expect all to climb the wall of worry tomorrow, providing President Trump with additional moments to brag and bang walls, regarding the markets at all time highs. Let me remind you, Trump was the guy who said the markets were rigged last year, blaming it on the Fed.

In other words, ignore everything he says about the market.

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9 comments

  1. macpatton

    I find the best “cultural” enrichment comes when I’m traveling in foreign countries kind of half a step above backpackers.Three or four month trips give me a chance to disconnect from my normal environment. I think the unexpected insights to humans comes from me slowly accepting a different view of my normal culture. it’s quite interesting and I see families traveling kind of loose also.

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  2. heckler

    You’re a good man, Fly. But you should really get a car that’s not a pussy bullshit prima donna status symbol. As for racists redneck nazis running each other over in Virginia, at the moment I could give a fuck. I’ve been at a wedding all weekend. Steeped in family and friends, and of course drugs and alcohol. I’ve taken tomorrow off to nurse my body back to health and to watch the markets return to their normally scheduled shrugging off of Trump’s ineptitude.

    If you like seafood, plan your next vacay for these westerly coasts. It’ll kick the shit out of your Nantucket nightmares. And that’s a guarantee.

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    • Dr. Fly

      I didn’t buy a Benz for status. I bought them because they had the best reviews. America cars are pieces of shit. The incident wasn’t with the car, but with the Mavis fuckhead who did the brake job. He could’ve killed my whole family.

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      • sarcrilege

        I regretted buying Benz. I fell for the “german engineering” bullshit. Consumer Report has nothing nice to say about the ML series.

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  3. sarcrilege

    So there you go… a vegetarian for about two weeks and already devouring lobsters loaded with toxins and smörgåsbord of man-made poisons. Bon Appetite.

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    • Dr. Fly

      I always said I’d occasionally eat fish.

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      • NotGekko

        Your ball sack should be glowing by now from all the mercury poisoning. Won’t blame you one bit though. I love the crab sandwiches served in San Francisco’s fisherman’s warf. Would love a food tour of the great libtard northeast coast.

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      • Cricket

        For carnivores: only eat what you can chase down in your back garden, strangle and slaughter. That’s what I say.

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