The Real Reason Behind Peyton Manning’s Ridiculous Super Bowl Budweiser Plugs

Apparently, he owns an interest in two Bud distributorships.

Following the Broncos’ super bowl win, when asked what he’d do next, Peyton Manning, in two different discussions, said he’d go kiss his wife and children, then go drink a whole lot of Budweiser.

He pulled this shit in the AFC championship win too. It just went under the radar, due to the obscurity of his degenerate favoritism towards swill.

Following the Broncos’ 24-17 AFC divisional playoff victory over the Chargers in 2014, Manning was asked if retirement was weighing on his mind.

“It’s really not,” he responded. “What’s really weighing on my mind is how soon I can get a Bud Light in my mouth after this win.”

A Budweiser spokeswoman said the company did not pay Peyton to promote the brand, but were delighted by it nonetheless.

It’s becoming quite the fashionable trade these days, boarding the ark and all, waiting for the floods. Meanwhile, I’ve was building the ark when all of you were out frolicking about the prairie, enjoying the sunshine and the green grass. Now that markets have plunged and bonds have risen, everyone wants a seat.

With yields on U.S. 10-year notes within half a percentage point of an all-time low, Morgan Stanley strategists say there’s more room for them to fall as economic data underperform economists’ estimates. They also recommend bullish positions in bunds and gilts. The yield on the Bloomberg Global Developed Sovereign Bond Index dropped to 0.77 percent on Friday, extending its decline to the lowest level since at least the start of 2010.

“Despite the meaningful decline in sovereign yields since the Fed lifted off in December, we would rather overstay our welcome than miss a continuation of the move to lower yields,” analysts led by New York-based Matthew Hornbach, head of global interest rate strategy, wrote in a client note dated Feb. 6. “We do not think Fed Chair Yellen’s testimony will loosen financial conditions enough for global yield curves to steepen.”

Well I have news for you late comers: we have very little space left on the ark. If you want to come aboard, I have a few seats left next to the Venus fly traps and the mongoose. Other than that, you’re gonna have to pray for dryer climes.

Curb your enthusiasm is one of my favorite shows of all time. During this presidential campaign, Larry has been impersonating Bernie Sanders and killing it.

Yesterday he did two skits that I felt sharing on this Super’d Bowl sunday, one of which has a cameo appearance of Mr. Sanders himself.

And here is Larry’s monologue.

The new bond King, Jeffrey Gundlach, who has been very bearish on markets due to the Federal Reserve position on rates, is both worried and opportunistic in recent comments.

He cites ‘frightening’ equity valuations of some major financial institutions, that are trading below 2009 crisis levels, as something to worry about. On the other hand, he sees corporate credit as the ‘next opportunity’, with 100% gains out there for the picking.

“We see the price of major financial stocks, particularly in Europe, which are truly frightening,” Gundlach said. “Do you know that Credit Suisse, which is a powerhouse bank, their stock price is lower than it was in the depths of the financial crisis in 2009? Do you know that Deutsche Bank is at a lower price today than it was in 2009 when we were talking about the potential implosion of the entire global banking system?”

Gundlach, 56, said he’s considering buying corporate bonds later this year as prices continue to fall, including investing his personal money.

‘Next Opportunity’

“The whole question for me is when am I going to buy enormous amounts of corporate credit, because it’s crystal clear that that’s the next opportunity that’s out there,” Gundlach said. “There’s plenty of things out there that will have 100 percent returns. It’s a whole question of: Don’t tell me what to buy, tell me when to buy it.”

Debt related to energy and mining is still very risky, because of weakness in China’s economy and a worldwide oil glut, he said.

“There’s simply no bullish case for oil right now,” Gundlach said.

“My guess is if you get defaulted on, you’re probably going to get something like 70 cents anyway,” he said.

Naturally, it’s not a question of what to buy, as Gundlach said, but when.

This is a playful tale about real Hollywood actors, enduring the apocalypse. After last week’s trade, I felt my audience deserved to be entreated to this movie about the devil, flying dragons and Danny Mcbride as a cannibal warlord, who roams the earth in search of soylent green.

This is a really bad movie, but also hilarious. I envision the real end of the world will be exactly like this.

Enjoy.

This was a momentum memorial, laying to rest all of the cool kid stocks–causing the longs of those stocks to simply give up and capitulate.

Look at the losses amidst many of the favorites, like PANW, CRM and LNKD.

This comeuppance was inevitable. The playing field is in the process of being reset. In all market squalls, opportunities arise. The same narrative is being written now. At some point, there will be a series of sublime entry points; but we’re not there yet. If you recall what I said about 2008-2009, following a hard January, in both years February fell hard too.

If you’re looking to buy bargains, wait for February to mature and then take a stab when people are throwing themselves down open manholes.

To summarize my position: I have been 75% cash/25% TLT for a week. I am trading the oversold signals inside Exodus, exclusively now, with SPY being my weapon of choice. We’re not oversold yet–thanks to the intuitive nature of the algorithms. Having learned from the recent declines, the system’s oversold threshold is now deeper, which means stocks need to get really scary for it to spit out an oversold signal for the overall market.

It’s ridiculous to believe the Fed is still in play. The speculation game is cruel and unforgiving. But this Federal Reserve hawkish position is a gift, if you think about it for what it is. They’re telling you to sell stocks. Stop fighting the Fed and understand that having a robotic long only allocation is 2013 thinking. Get flexible or risk being eliminated from the playing field.

Cheer up. It’s only money.

Reminder: Get aboard the ark.

The Fed doesn’t care about your portfolios.

The Marinator of Iced Cubes in Chief, Arthur Cashin, sums up today’s market concerns.

You cannot have a worse case scenario, if you’re BWLD. It’s just one little bullshit store in the middle of nowhere in Kansas. But, one of your ADD addled teenage employees fucked up and now you have this as your headline ahead of the super bowl.

***NOROVIRUS CONFIRMED IN $BWLD KANSAS***

Here is the Johnson County letter.

I realize TLT is down, off by 0.5% for the day. But it’s a whole of a lot better than owning LNKD in a margin account, isn’t it? There is still room on my ark, next to the buzzards and the beetles.

The Fed rate hike is BACK on the table, apparently. Thanks to this morning’s jobs numbers and comments out of Fed’s Mester yesterday, traders are selling their stocks and getting the hell out of dodge for one specific reason.

LACK OF FAITH.

On one hand, you look at the shares of LNKD, DATA, LGF,  CRM, GILD, AMZN and many others, and ponder if satan himself is controlling the price action on the NYSE. Then you spin around and see this idiotic 4.9% unemployment rate and people like Jim Paulsen get on the teevee and do the Fed’s bidding and conclude there isn’t a reason to be long stocks.

If the Fed is working against you in the market, get out of the market.

There’s an old saying: ‘Don’t fight the Fed.’ It applies to both a bull and a bear case. Right now, there is an overwhelming amount of evidence, suggestive that this Fed intends to reduce the value of equities, for reasons that escape this unlearned man about the internets.

All I can tell you now is that this sell-off isn’t done. The Fed has lost the confidence of the market. It is being led by a person who is tone deaf. And you should fear what you don’t understand.

The NASDAQ is off by 120.

What sort of man goes on CNBC to declare the Fed should hike rates, after a catastrophic first month of trading and FX induced upheaval, without shaving the stubbles off his face?

His name is Jim Paulsen and he hails from Wells Fargo asset management.

While watching this clip, I became physically agitated and I threw things at my teevee. How in the world can this man get up there and say a March Fed rate hike is warranted and that everything looked good? Is he a fucking moron?

Shave your damned beard, for Christ’s sake.

The NASDAQ is down 113. Zerohedge is celebrating over the broken bones of investors.