I didn’t think it was possible. But they did it again. With today’s 13% decline in new homes sales, I’ve been corrected in my belief that nothing could derail the housing market from recovery. The Fed, in their infinite wisdom, is in the process of chain balling the economy back into a cesspool of depression. The question now begs, do they correct themselves now, seeing how disastrous the housing numbers were this morning?
These numbers were so bad, they’re good. Bonds are behaving well and the market isn’t down, which is odd. Based on these numbers alone, the market should be off by 400 today.
The market is telling you the Fed says “merci” and will ignore that fat retard from the Kansas City Fed and stay the course.
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My brother’s retarded man, don’t use it in a derogatory way!
because you said that on this blogsite..makes you IQ impaired
Succinct; Mr. Donovan!
perhaps a bit obscure…. a scene from The Descendants.
It’s a bull market son.
LOVE the planet of the apes pic. Favorite line of the movie.
all right…Im out…daughter getting married tomorrow…so long dead presidents!! See you guys monday
Best of Luck to you and yours! Have a wonderful day!
Rapidly rising rates kill housing sales, who knew that could happen?
Insiders might be dumping AMBA.
Insiders dont know anything.
Outsiders are also dumping it. I got rid of my shares this morning. And glad i did as it continues to drop.
TLT is up, nothing else matters.
exactly!
from that title, i’m fearful you’re going to get drunk this weekend and become violent
My pick for stock of the year was SPF based on my firm belief that 2013 was The Year of the Homies. Looks like I was a little early (wrong) on that call.
LONG into the weekend you pussies.
Fed to clown Fly: dump your positions by this Tues, else you will be swirled by Fed liquidation to SP 1470 by next month. Stop complaining. Just do it.
Of course, by me having to tell you this, this is why I have much more Tejas cajones than you. Just admit you are a clown, having to take my advice.
Slim
shut up Eugene. Your mother is back from the brothel and wants you to clean the dishes.
Gold
… fuck off Eugene! … dishes ….
Deep down, the market rallies around the marquee names. Quality is quality in every market. Period. Some are overbought, but you can’t stop it.
As you say, it’s still a bull market. We all just got a look behind the curtain and confirmed the lies we knew were true. Next we’ll find out that the unemployment numbers are fudged like collective wisdom dictates, and we’ll all keep buying quality and selling junk.