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Love the Macke!
SPX 2500!!
Happy New Year Mr. Macke! 😛
Happy New Year bud! Great stuff.
Bubbles So Suck…Happy New Years Mr. Macke. Love the Lottery Winner Analogy.
Macke was the best trade of 2015.
Looking forward to 2016.
Yes, and the shades are working….! All Panic vids should be filmed in them.
I hope you’re having fun, sir, because your viewers certainly are. Happy New Year!
Thanks, everybody!
I’m having a fantastic time. These type of things take a lot of time to find the right footing. Thanks for watching over the last month while I played around with different ideas.
It’s nice to be here. I’m glad none of you got car sick from the camera. Today’s segment was rather hastily put together. (No, really). Looking forward to 2016.
JJM
uhhhhh, I love you Macke, but this is some serious revisionist history. Everybody did not call the collapse (obviously) in fact very few saw it coming- by definition. The “geniuses” that did call it right didn’t “hit the lottery” by getting the timing right, in fact their timing was off by years in several instances. But, they bought CDS at cheap prices (because they were part of a VERY small cohort that saw what was happening) and because so few people saw what was going on, they achieved entries at such cheap prices that being wrong for two years really didn’t matter. Lets call a spade a spade. the whole “everybody knew the last disaster was coming” is classic topping talk. All the pundits always come out of the woodwork a few years later and find their single bearish comment taken out of context and parade it around like they knew what was up.
Well everybody sees this bubble I hope, no genius need for that. Since 2009 the globe has used commodities as massive financing tools, we overproduced and central banks continued to fund. Seeing the death of the BDI and beyond ugly Markit PMI data there is no recovery just one huge bubble. 2015 saw the popping of the commodity part, but OMG it would take a lottery winner to spot when all the rest falls apart. I thought it would be when Shanghai Copper Bubble popped, but NOPE, the silly global equities continues to hold up.
You’re home at IBC. Great Posts. Excited for 2016.
Thanks.!
Jeff, great to see you on IBC and happy new year. I even asked Guy Adami when I met him at a Moneyshow in Vegas if there was a chance you’d be coming back to Fast Money. Great stuff so far and looking forward to more.
Macke & IBC,Fits like a glove……Pre OJ!
sounds about as good as your $JWN pick
Ouch, zephler. Ouch.
simple truths. as good as it gets.