iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,580 Blog Posts

The Ingredients For a Market Crash Are All Present

Gents,

Markets are stubbornly keeping near the highs. Analysts are sucking their own dicks, tripping over their own balls, to upgrade semis. The world is in flames and Iranian mullahs are foaming from the mouths, Chinese trade wars, depravity on a scale never seen before — but the Fed has it all in check. We’ve gone a decade without a recession — first time ever I believe. The economic cycle is dead. Go visit your macro-economics professors and throw eggs at him, while screaming “learn to code.”

That being said, the zebra is amongst us in the wild prairie, eating alongside the lions. See the lions have been fed well and are very fat and content. The men lie around all day and larp, while the women fetch us food from the local dispensary, making it unnecessary to hunt and kill. But you cannot stop nature. You can tell the lion he is now a lioness, but it won’t stop him from doing what lions do — if you know what I mean.

A comeuppance is in order. A great grave swing by memory lane is overdue.

PREPARE FOR CATACLYSM!

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16 comments

  1. chuck bennett

    Is it time for the FAZ Mobile?

    Regards

    Chuck Bennett

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  2. awanka

    I feel like this market is unassailable, and that it will just keep going up even if meteors are landing all around us. Pretty good contrarian indicator.

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  3. numbersgame

    As i said a year ago, this market feels like the late ’90s. NASDAQ doubled in a year, so it’s hard to say *when* the crash will happen and from what level – but it will happen and wipe out any gains we have this year, and most of the gains from last year, too.

    Last time we were (almost) this overbought was last fall, but the market kept drifiting higher than, too.

    In terms of us leaivign the middle east:
    “The final destination is classified, and the Army is concerned over information leaks. For this reason the US Army confiscated the cell phones and any personal communication devices of those deploying on the transport planes.”
    https://www.zerohedge.com/geopolitical/anatomy-iraq-exit-letter-authentic-active-disinformation-unauthorized-draft

    It’s not unusual for deployment locations to be classified, but confiscating phones seems to indicate that an *active* operation is already planned, as opposed to positioning assets for *possible* action. Maybe wolfdaddy and moneybagz will the war and dead US heroes they are seeking.

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    • ferd

      Zero Hedge today also posted a link to the president’s conversation (mutual fellatio) with Rush Limbaugh where they congratulated one another on their manliness …with Trump attempting to conflate opposition to his escalation with antisemitism.

      I am reminded of the pre-Iraq invasion period where I and many others thought, “nah, we won’t be THAT stupid. This is just negotiation.” But the truth tellers of that period have been disappeared from MSM and the traitorous liars that got us into that disaster still hold positions of power.

      And the average Joe doesn’t give a shit.

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      • ericbakerbruce

        So this Iranian General organizes an embassy attack and gets blown up for doing it. I think that’s a fair response by the US and Iran should stop swatting at the hornet nest. If this escalated I would guess it really was more about stopping Iran from getting nukes. I would also guess that we’d be in Tehran in a few days.

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        • ferd

          After all these years. Why do you believe everything your little echo-chamber tells you? Do a bit of research. Learn to doubt. This is your duty as a citizen.

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    • moneybagz

      We have been at war since 9.11.01 you dumb motherfucker. Have already had family lost in it, cocksucker. DJT tried to pull out of Syria and the MIC pulled him back in like your mom did to your dad. They want a perpetual war, trump wants to end it, and its going to take a surge to finish the fight. If you can’t see that you are suffering from severe acute early onset TDS. My guess with 52 F35s active in Utah and 6 B-52s in the Indian Ocean and a few MEUs in the Mediterranean we are about to unleash something that will make Xi and Putin cower like the pussies they are.

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  4. soupbone

    Employment and stability is the Fed mandate. Here and now is the central bank product, hope you like it. Recall 6% unemployment targets? Those went out the window. And now stability is deeply threatened. The idea is to boost an economy not create one.

    Iran is a distraction by comparison.

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  5. MSGT HARTMAN

    I suspect that the folks moaning and groaning, pissing in the wind are:

    Short
    Bonds
    Cash
    Annuities (the insane)

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  6. one-eighty

    So when does the making America great start?

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    • WrongView

      Don’t imagine for one minute that this will slow down the MAGA heads. Their identities so wrapped up in this whole shtick that they can’t back down.

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    • cancel19

      When the Make America Incinerate people quit!

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  7. heckler

    Great move for those Haji Iranian Bastards to miss the mark tonight! Seems like we should be able to negotiate and perhaps taking out that Salamani commander might not have been such a terrible idea after all

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    • WrongView

      Do you think we can get them to agree to some sort of nuclear development freeze with Inspection rights in return for a cessation aggression and easing economic sanctions?

      Because that would be an awesome result. We could get European allies to join in and make it multilateral.

      If Trump can pull that off…congrats!

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      • heckler

        Yeah! Something like that. Hopefully we take this as an invitation for peace

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