Gartner Sees Slow Growth Ahead in 2017 Due to ‘Uncertainty’

It appears the market might be waking up to the fact that Trump is going to fuck up the establishment order. Bear in mind, much of what I say boldly are my own wishes. Trump isn’t President yet and no one knows if he’s really going to atomic bomb the elites just yet. After all, his entire cabinet if filled with elites.

Anyway, Trump did lay waste to the drug industry yesterday, promising reform. And today Gartner IT is out with some sobering predictions for the tech sector, especially the semis, which is weighing on shares. Plus, $SWKS caught a Goldman downgrade and everyone is freaking thr fuck out over the weakness in the tape.

Gartner’s 2017 forecast.

Worldwide semiconductor capital spending is projected to increase 2.9 percent in 2017, to $69.9 billion, according to Gartner, Inc. This is down from 5.1 percent growth in 2016.

“2017 was poised to be a rebound year in IT spending. Some major trends have converged, including cloud, blockchain, digital business and artificial intelligence. Normally, this would have pushed IT spending much higher than 2.7 percent growth,” said John-David Lovelock, research vice president at Gartner. “However, some of the political uncertainty in global markets has fostered a wait-and-see approach causing many businesses to forestall IT investments.”

Worldwide devices spending (PCs, tablets, ultramobiles and mobile phones) is projected to remain flat in 2017 at $589 billion (see Table 1). A replacement cycle in the PC market and strong pricing and functionality of premium ultramobiles will help drive growth in 2018. Emerging markets will drive the replacement cycle for mobile phones as smartphones in these markets are used as a main computing device and replaced more regularly than in mature markets.

The worldwide IT services market is forecast to grow 4.2 per cent in 2017. Buyer investments in digital business, intelligent automation, and services optimisation and innovation continue to drive growth in the market, but buyer caution, fuelled by broad economic challenges, remains a counter-balance to faster growth.

“The range of spending growth from the high to low is much larger in 2017 than in past years. Normally, the economic environment causes some level of division, however, in 2017 this is compounded by the increased levels of uncertainty,” said Mr Lovelock. “The result of that uncertainty is a division between individuals and corporations that will spend more — due to opportunities arising — and those that will retract or pause IT spending.”

For example, aggressive build-out of cloud computing platforms by companies such as Microsoft, Google and Amazon is pushing the global server forecast to reach 5.6 per cent growth in 2017. This was revised up 3 per cent from last quarter’s forecast and is sufficient growth to overcome the expected 3 per cent decline in external controller-based storage and allow the data centre systems segment to grow 2.6 per cent in 2017.

Tech and banks are notably weak.

The yield curve is still 115bps, although down from 130bps. Many high beta stocks are getting forklifted and dumped into flaming barrels of garbage. I sold out of my $AMD position, which turned out to be a fucking piece of shit and I’m getting flamethrowed in $TDW — because they’re insolvent. I just sold that whore too. My picks are an extension of my innate fatalism.

With the cash raised from the sale, I’ll buy an Exodus OS signal — should the market be so gracious to provide one.

Granted, my proclivity for danger and the wanton disregard for personal safety has led me to this windfall. But after a year of dicking around in bonds and other stupid shit, “The Fly” is trading again and he’s up to his old winning tricks.

In late December of 2016, I liquidated my account and placed every single red cent into $UEC, like a raving lunatic madman. In addition to that, I added to my account through cash deposits by 4x. Yesterday’s purchase of $KNDI was my final buy, since I’m fully invested.

My year to date gains, including the dilutive effect of increasing my account by 4x, is +11%. However, based upon the value I was trading all of last year, I’m up 50%.

This morning BofA/Merrill upgraded shares of $CCJ and the Financial Times penned a bullish article on yellowcake and how Trump might be good for the industry. I already knew this shit, which is why my basis for $UEC is $1.04 and the FT is just seeing it now.

Sub mental morons.

The uranium industry has undergone a garish pullback ever since Japan nearly destroyed their entire country, through Fukushima. Prices have collapsed by 75% and everyone is rather foreboding about the most advanced form of energy on the face of the earth. It’s like everyone decided to become are retrograde rusticate road slobs, preferring to produce energy through the coal hole over splitting atoms. Words cannot express how stupid this truly is.

You fucking strumphets will learn the hard way, one way or another.

UEC is a 20% weighting. Everything else is 8%. At some point, I intend to sell everything and bet it all on one stock — furtive ground for fun and idiocy — two of my favorite past times.

Trump promised to fuck the lobbyists and permit proper bidding for drugs. Believe me, my entire area is filled with these big pharma employees. The Johnson family is dominant in the Princeton area, with neighbors sharing all sorts of sordid details about them.

These people are literal demons, not just the blokes at $JNJ, but the entire industry. They’re out of their fucking minds, raping America and then blaming their struggles on the rest of the world because of price controls.

Hello and fuck you. We shouldn’t have to pay for your entire r&d. Let the faggots in Canada and France share in the expenses, else fuck off.

Trump promises fairness in the drug industry.

Donald Trump on drug prices, says drug companies are "getting away with murder" pic.twitter.com/CX7mBe5zXM

— STAT (@statnews) January 11, 2017

The fools over at Unicredit, Italy’s largest bank, have spent upwards of $60b in brainless mergers over the past decade. Now they’re broke and in dire need of capital, almost equal to their market cap.

The company seeks to raise $14b in a rights offering and will meet with shareholders on Thursday to figure out how in the world they’re going to pull this off — considering no one is in the least bit interested in throwing money at bankrupt Italian banks (see Monte Paschi).

With the cash, Unicredit intends to eat heavy losses on bad loans which the bank will finally get off its books.

Their pitch is that they need the new capital to clean up theit act, not for survival.

Sure.

“UniCredit is finally addressing once and for all the legacy problem represented by the non-core credit portfolio,” Luigi Tramontana, an analyst at Banca Akros SpA, wrote in a Dec. 22 report. “The rights issue stands at the top of the expectations, given the stronger-than-expected effort to increase non-performing exposure coverage.”

Literally no one cares about these issues anymore.

Democrat shill, Chuck Todd, cannibalized the liberal media tonight by ripping into the Editor in Chief of Buzzfeed, Ben Smith, for publishing a 35 page dossier of laughable content, such as germaphobe Trump having Russian hookers urinate on him, or an irate Donald yelling at Ivanka to respond to her mother, whilst devouring a plate of chicken tenders, saying that if she didn’t her Mother would perish in a horrible accident.

Over the past day, all of the actors involved in leaking the ‘dossier’ to the public have been discredited and humiliated — from John McCain to the CIA and of course  to the Buzzfeed reporter, Rick “I’m a spy” Wilson — who published the trite piece of offal — hoping it would derail Trump’s presidency and give solace to the cadre of his fellow Never Trumpsters, who’ve been waiting for the opportunity to discredit and rid themselves of his orangeness.

Unfortunately, for him and his ilk, there are consequences to publishing lies about the President elect of the United States, especially when done in a manner that garnered world wide exposure, galvanizing all of the snowflakes to unite and form into a maniacal Snow Demon set out to devour and crush President elect Donald J. Trump.

Once again, The Donald has proved to be resilient, admonishing his enemies , taking a flame thrower to them — effectively reducing them to a small, sad, pond of liberal misery to be pissed upon whenever he’s in the mood for golden showers.

Todd eats Smith.

Chuck Todd to Ben Smith: "You Published Fake News' pic.twitter.com/3hQlf4jY66

— The_Real_Fly (@The_Real_Fly) January 12, 2017

More on Chuck Todd ripping into lazy Ben Smith from Buzzzzfeed pic.twitter.com/nVK2VOIP6l

— The_Real_Fly (@The_Real_Fly) January 12, 2017

The Final Chapter: Todd Eats Buzzzzzfeed's Smith pic.twitter.com/8HYX9GZG1l

— The_Real_Fly (@The_Real_Fly) January 12, 2017

The former global head of mergers and acquisitions at Barclays, Steven McClatchey, was sick of the bullshit on Wall Street, after 32 years of hard work. Instead of retiring, he sought out a job as a fucking plumber — unclogging toilet bowls and removing shit from pipes. That was his first mistake.

His second mistake was telling a fellow worker of pending mergers — specifically in Questcor Pharmaceuticals Inc., PetSmart Inc., Emulex Corp. and Omnicare Inc.

“I’m a good man who made a serious error in judgment,” McClatchey told U.S. District Judge Katherine Polk Failla in Manhattan at his sentencing hearing Wednesday.

His buddy executed 10 trades and made $76k on the tips. He then gave McClatchey his ‘cut’ by handing over gym bags of cash and handshakes filled with crispy $100 bills. Retard level thinking.

He also did free tile work in McClatchey’s house, as a form of appreciation for the windfall.

Prosecutors went for the throat on this one. There is nothing more disgusting than a plumber making money off insider information.

“This was a period of 19 months, with multiple trades,” Failla said, in rejecting the defense plea for a sentence of home confinement. She called McClatchey’s actions “an extraordinary breach of trust.”

In separate news, former head of MF Global and establishment shill, John Corzine, avoided trial altogether for literally stealing money from client accounts to shore up MF Global’s failing balance sheet. His actions directly caused people to lose $1 billion, yet he received zero prison time.

Sounds reasonable.

Mr. Corzine, former Chief at Goldman, now spends his days trading his own fortune in Central America working on philanthropic projects — specifically Covenant House — because giving back to the people is what he’s all about.

This is what happens when an immovable object meets an unstoppable force. CNN and Buzzfeed got beat the fuck down today. But don’t worry, Buzzfeed is retailing FAILING PILE OF GARBAGE T-SHIRTS now, most likely to finance the amount of lawsuits that are coming their way.

Separately, as the cucks at Gizmodo point out, Penthouse is offering $1 million for the non-existent Trump piss tape. These people are truly fucking stupid.

The piss tape doesn’t exist because the whole thing was a fucking hoax and the MSM ate it up due to their hatred for Trumpism. The fake news moniker they were so quick to use after the elections is now being hoisted to hang them from their own petard.

We’re living in a fucking dream.

It’s time to unite around a singular event, a moment in time that will live in infamy for as long as time exists in a flat circle. Forget about the germaphobe in chief requesting Russian hookers to urinate on his face while dressed in anime costumes, or President Obama being a closet homosexual — who is married to a secret transvestite. The time for that jargon is over. The Dow Jones is within a spitting range of 20,000.

Don’t you fucking faggots see the beauty in that?

As for me, a very modest man, now retired from Wall Street who now makes a living fighting with strangers in the comments section of divisive news articles, I am buying all of the very worst stocks this country, and others, have to offer.

My uranium plays, $UEC and $URG, are gallantly sprinting ahead — while all of the others are doing their part as well — with marked exception of $ALNY. People might’ve figured out that they are, quite literally, the Charles Manson of biotech stocks. I digress.

The world is a chaotic place, filled with Islamic headcutters, globalist pigs, transgenders, and corrupt politicians. We, as a people, should unite to celebrate this moment in time — when the Dow Jones defied all of the news, both fake and real, and instead established greatness in the form of reaching a completely meaningless milestone.

After that, we can get back to slicing each others necks again.

It’s like a car named by a Klansmen, only that it’s Chinese and it runs on electricity. The Kandi car is a wanton piece of shit, Chinese domiciled and completely devoid of style and utility — which is precisely why I purchased the stock: $KNDI.

BEHOLD the Kandi Car.

Once in office, President Trump will make it virtually impossible for trade with China. I’m expecting a gigantic trade war, which would leave the dog eating Chinamen without their beloved Buicks.

ENTER THE KANDI CAR.

Any loss for American car manufacturers is a gain for the very green and very stupid KNDI. After all, Chinese cities are choking under a shroud of toxic coal dust — impugning the health of their citizens. If I was a Chinese autocrat, I’d force all citizens into Kandi cars, else threaten them with my own mobile execution vehicle — which of course would be made by the environmental scions at KNDI.

Here’s the chart, obviously forming a garbage pale off the base of a rocket launcher platform pattern.

Nothing to see here folks. It’s just a little ‘King Dollar’/ ‘Dollar Strength’ pin action.

The Turks deserve to lose their currency altogether, let alone face a long arduous battle with the EU for inclusion into their doomed club.

The ramifications of the strong dollar will have a profound effect on shit countries, like Turkey, Mexico and China.

Seeing the Lira trade down v the dollar is a daily occurrence. But today’s drop is special, as it mows down buyers — down by 3.3%.