Honestly, who do these market commentators think they’re kidding?
Case in point, listen to this statement, then tell me what you think of it:
“But Spain is in much better shape than Italy, as measured by debt and solvency. Spain’s debt-to-GDP ratio is 60%, about half of Italy’s 120%, according to Nick Stamenkovic, fixed income strategist for RIA Capital Markets in Edinburgh.”
Where have I heard this shit before? Wait, let’s hear a little more:
“There’s a big difference between Italy and Spain in terms of the economy,” he said, noting that the eurozone’s average debt to GDP comes in around 85%. “The debt economics in Spain are a lot better.”
I can almost hear these same voices saying the exact same shit, but only six months ago.
“There’s a big difference between Greece and Italy in terms of the economy…The debt economics in Italy are a lot better…”
Everytime you get these “experts” cherping in on the “special circumstances” surrounding these trash countries, literally within a matter of months, weeks, or even days, they get every word they utter force fed back to them.
Alright then, I’m saying it. Everyone needs to shut the fuck up, right now. I know none of you people on TV know what you’re talking about; you just want to be heard. It ups your sense of self worth. But you have nothing useful to contribute. Here, I’ll send you a telegram:
If you enjoy the content at iBankCoin, please follow us on TwitterDear Everyone, Stop.
If you are thinking of making a comment about the Eurozone debt crisis, stop.
Think about what you are going to say, have said, or might be forced to say in the future, and stop.
Do you know what you are talking about? Stop. You’ll probably put your foot in your mouth. Stop.
Better yet, just, stop. Stop.
Seriously, stop…
Cain.
Typical of these fucktards!
this also the 3rd time today that i have heard them say,”this is the best time to buy”. guess what,so was friday.man,now i can really see how frustrated you vetran traders here,are.
we are not veterans, we are just old …
trading this fucking market ages me prematurely …
Every time I dip my toe in the water, it gets bitten off by a ravenous macroeconomic piranha. At the rate I’m going, I soon won’t have anything left to put in my mouth but a bloody stump.
But can we at least agree that regardless of how this plays out, all the players in this game – the Eurocrats, the Washingtonians, and the talking heads on CNBC alike – are fucktards?
equalizers, we are also one of the players, NO ???
all I know is we are screwed in whatever we do, at least that is what happened to me for the last couple of months …
Guilty as charged. As long as my retail piker ass remains in the casino, I’m as much a part of the problem as the rest of my fellow fucktards.
@jose and eq.i look at it this way. we,the lone retail investor is as important to the real health of the market as is very small business in this here country. the problem is,we get shit on all the time,just like small biz does. because there are no one left to really steal from anymore accept us.
When I woke up this morning and read that Cramer was making numbers up (seriously 10 fucking trillion?!?), it just reinforced my will to never watch CNBC again.
This backhanded idea of saying things are good because there is something out there worse is very confusing to me. So, we should have been buying Italian debt 6 months ago because they were better than the country that has the worst credit rating on the planet?
Wow, massive rally underway in crude oil. You people just won’t let up, will you?
Corzine should be thrown into jail before Thanksgiving …
if corizine were in china,the death squad would have come and gone buy now…………..thats what we need to implement in this country. corizine committed financial treason,the penalty for treason is death,no.
The game is to get on TV, make some sort of outrageous prediction and hopefully get it right! Even if it’s just shit house luck. If you hit that lotto prize you will be a prized commentator for years to come.
Yeah, and when you talk smack and are ten miles off target, you limp off into the crowd and hope no one calls you on your bullshit.
Market commentators should be forced to present a complete list of their trades, which accompany them when they talk.
“Timmy Dipschitz, fixed income trader for Who Gives A Fuck, Securities LLC, who recently lost his entire investment in Greek bonds, then got blown to shit in Italian bonds, now thinks Spain may be the place to invest!”
Fly shook me out of my puts (for a loss) on the day that the downtrend started (which I bought 2 days before), with his bullshit flip flop Turkey talk
Not his fault, I should of known better
All currencies were confirming, it was oil that fucked me
Cain and Wood are all that I will read now, the rest is strictly entertainment
I mean, Fly hasn’t exactly shied away from saying the market was going lower eventually, and I’m not exactly up YTD
it won’t end anywhere, even at France. Their monetary system is just to vastly flawed to every function over a long period of time.
Cain, is this the beginning of the end of the fucking global financial system ???
No
The financial system will continue to fuck the globe.