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
20,574 Blog Posts

Perfectly Fine Shopping Weekend Ruined; Wall Street Yawns at Riots

I spent my weekend cataloguing human behavior — showcasing all sorts of wild videos of people behaving badly. One bad behavior tops another and another, and a crescendo takes hold — the allure of luxury items dangled at the poor — in a consumer obsessed society and BOOM — all of the high end inventory disappears! The seeds of discord have been sowed long ago and nothing will ever change America and peace will never reign thru her streets.

Those urban centers are wonderful depositories of culture and now that culture is being shared with its citizens in a most intimate manner. I’ve always known to keep my kids out of Brooklyn, which is why I moved out long ago. Those places are a breeding ground for hostile actions and poor choices. If you come out the other end intact, you might be stronger for it. But as a parent, it’s hard to permit that Hobson’s choice be made for you.

Alas Wall Street is trying to price in the carnage — Dow futures barely changed — off 19 on Nasdaq. I will be playing GLASS STOCKS and other companies who will assist in the REBUILDING OF AMERICAS SHITTIEST CITIES! We all know the insurance companies are soooo eager to pay claims and all of the BIG BUSINESSES more than willing to merely turn a blind eye to an UNFORESEEN reduction in their inventory — FOR THE BETTERMENT OF AMERICA and society and to value the lives of her people. Indeed, we need to explore ways to PROFIT from this carnage and take the events that have disrupted and uprooted communities and convert that energy into greedy profit centers inside Exodus — building large fortunes off the misery of others.

You can ask me if I care and I will tell you emphatically no — not in the least. Onward we go, into the fires and the smoke. As America burns, Le Fly roasts his pig head and smokes his cigar.

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13 comments

  1. heckler

    You fucking murdered it on Twitter this weekend brah

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  2. tmmdn0

    This post, and the one on Saturday: Very beautiful.

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  3. itsgold

    rioting.. bullish
    cities on fire…bullish
    more unemployment due to property loss.. bullish
    national guard deployed… bullish
    martial law?… bullish?
    curfews in cities… bullish
    second wave confirmed.. bullish

    No idea what to expect this week, but no surprise if new highs this week.

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    • it is showtime

      Wrong.
      Futs are being infused.
      Learn the difference between the hidden-hand, and actual bullishness

      (I guarantee the hidden hand is not providing sustainable bullish foundations) lol
      As Citi knows: Citi Warns “Markets Are Way Ahead Of Reality”, Urges Clients To Raise As Much Money As They Can Before The Next Crash
      As accrued tallys demonstrate: The FAAMGs Are Up 15% In 2020; The Remaining 495 S&P Stocks Are Down 8%
      As the timeline is nicely developing: Burning America

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    • heckler

      Bullish AF unless a meteor destroys earth tonight

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      • it is showtime

        No. until tptb
        turn off
        Their subroutines

        and they will

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  4. tjnyt

    Great posts/commentary this weekend Doc.
    “I’ve always known to keep my kids out of Brooklyn, which is why I moved out long ago. Those places are a breeding ground for hostile actions and poor choices” exactly my thoughts, had the opportunity to buy cheap in Brooklyn in seventies&eighties but stayed in Manhattan for the above reason.

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  5. moosh

    I wonder if there are some mom and pop businesses out there that would be crazy enough to lay defensive booby traps all over their store for looters? Extra Home Alone style

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  6. tradercaddy

    Enjoyed the picture of the urban undocumented shoppers.

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    • purdy

      Posting that pic was racist of Fly. All looters were white Antifas from out of town.

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  7. purdy

    Is there is inflation coming? Will pols start competing with one another to use the helicopter …instead of giving money only to the already asset-rich. Short dollar continues to work, as does long silver. And anecdotally, stuff we bought at stores this weekend seemed higher in price.

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  8. xitide8493

    I just bought a brand new BMW after having made $6375 this past one month and just over 12k last 4 week. This is the best and most financially rewarding job I’ve ever had. I actually started this few Weeks ago and almost immediately started to bring home minimum 74BUCKS p/h…………..…====?? Read More   

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