Financial topics

[Higgenbotham]

A number of participants stated that an ongoing evaluation of the efficacy, costs, and risks of asset purchases might well lead the Committee to taper or end its purchases before it judged that a substantial improvement in the outlook for the labor market had occurred.

This is what I think stalled the market in front of your target. Relates to who knows what and the brisk selloff after the cash open Friday.

[aedens]

Also the debate with the gun powder retards today to steal seen and unseen from the people who actually do things.

Roosevelt soon became a popular figure among New York Democrats, though he had not as yet become an eloquent speaker. Despite a bout of typhoid, and thanks to the help of Louis McHenry Howe who ran his campaign, he was re-elected for a second term in the state election of 1912, and served as chairman of the Agriculture Committee. His success with farm and labor bills was a bit of a precursor to his New Deal policies twenty years later. By this time he had become more consistently progressive, in support of labor and social welfare programs for women and children.

They perverted and killed there own nation today since anything other than women and children are not a reason for cradle to grave theft stupidity.
Democrats are the issue since they are Republicans. Anyone with a ounce of sense knows what these vampires are up to get elected on theft.
When the crash comes the taxpayer can look into the damn mirror.

[Higgenbotham]

70 makes too much current production uneconomic but 100 kills the consumer and the acceptable range is narrowing, will narrow further, then disappear.

The full cost of producing new oil for the 50 largest publicly traded oil companies in the world is $92 a barrel according to Bernstein Research. In fact, the cost of producing the marginal new barrel of oil has been rising at 14 percent per year since 2001, Bernstein says.

http://www.economic-undertow.com/2013/0 ... me-theory/

The consumer's funeral has been scheduled for 2013. Oh wait, didn't Wal-Mart already tell us that?

[aedens]

And yes they did H and as soon as the Taxpayer seen the sun at the mouth of the cave they ran back in.
They murdered there own posterity.

As we know even the IMF's report notes the US needs to grow at 14% in perpetuity to "grow into" its balance sheet.

Until it cannot, since life is at the margin and the Political Economy decides what they do not even pretend to understand.
http://www.youtube.com/watch?v=xTQF89JiEJc
I will look up the price channnels later but if we measured Entropy to government useful purpose they would cease to exist until
the battle ensues over stupidity as always. For now Chicago Bridge & Iron Company is a litmus test until we breakover.
http://finviz.com/quote.ashx?t=cbi

http://www.newsmax.com/GroverNorquist/O ... /id/443995
Obamacare contains 20 new or higher taxes on American families and small businesses.

Stocking up and going black.
I remember, Elijah asked the Israelites "How long will you falter between two opinions?
To pursue unity at the expense of truth is treason, so we will fall.
http://www.lewrockwell.com/orig4/ellis1.html

[aedens]

The OEXA200R ended the week up 1 point at 87%.
http://generationaldynamics.com/forum/v ... 200#p18390
S&P 100 stocks above their 200 DMA
http://stockcharts.com/h-sc/ui?s=%24OEXA200R%20

i agree with your energy snapshot H
as a latency fact to regard pressure points
http://www.uprr.com/customers/surcharge ... eage.shtml
hidden taxes are quo bono to the beast since business never pays taxes, we do.
http://advisorperspectives.com/dshort/c ... -fig-2.gif soon

meanwhile consensus is for a 0.3% increase in Industrial Production in February, and for Capacity Utilization to increase to 79.3%.
http://www.calculatedriskblog.com/2013/ ... shrBmmt.99

another way to look at our situation is, to put it loosely, that right now everyone wants to save and nobody wants to invest - nyt propaganda
They cannot save, they are being annialated so run when you see that guy open his mouth.
47 million Americans are on food stamps and the middle class is being systematically destroyed.
http://www.federalreserve.gov/releases/ ... efault.htm
http://www.federalreserve.gov/econresda ... hedule.htm

Until they become real libertarians instead of angry white pseudo libertarians who like to set up shop in women's uteruses and tell the rest of us how to live our personal lives, all while living on the corporate payroll, they are dead in the water. The sooner the change, the better.

If you play, you pay, but they cannot seem to do that as we have to pay for the statist subsidized butchers.

[aedens]

http://www.businessweek.com/news/2012-0 ... wakens-few
As trading shrinks, a larger proportion is taking place in private venues designed for institutional investors. Dark pools, or venues that don’t publish bids and offers and are used by fund managers and brokers trying to limit the impact of their trades on prices

http://www.youtube.com/watch?v=HlB_U1ansVQ

http://www.zerohedge.com/news/2013-03-1 ... e-index-gp

[aedens]

http://prudentbear.com/index.php/credit ... t_id=10770

For Q4 2012, Total Non-Financial Credit expanded at a 6.4% rate, the strongest expansion since Q3 2008 (7.0%). Total Household Borrowings expanded 2.4% annualized, the briskest pace going back to Q1 2008 (3.6%). Household Mortgage Credit contracted 0.8% annualized, the smallest pace of decline since Q1 2009 (positive 0.2%). Corporate borrowings grew at a blistering 10.7% pace, the quickest since Q4 2007 (11.5%). Federal debt expanded at an 11.2% rate during the quarter. In nominal dollar terms - seasonally-adjusted and annualized (SAAR) - Q4 Total Non-Financial Credit expanded $2.536 TN. Looking at the main categories, Total Household debt increased SAAR $312bn, Total Business SAAR $1.076 TN, and Federal Government SAAR $1.259 TN. Credit expansion has become increasingly broad-based.
The Q4 2012 “flow of funds” provides added confirmation that policymakers have painted themselves into a corner. It’s hard to believe the Fed will stick with $85bn monthly QE in the face of mounting Credit and market excess. On the other hand, the liquidity backdrop has created such unsettled global markets that central bankers will look for any excuse to avoid watering down the punch.

new price channel http://finviz.com/quote.ashx?t=cbi H, agree on ther mid view time reference. IMHO
MOAR
http://www.nasdaq.com/article/114-billi ... z2NFZwl9wK
http://www.ici.org/research/stats/flows/flows_03_06_13

http://mikesmithspoliticalcommentary.blogspot.be/ odds and ends... yea they are rather large Mike

[aedens]

According to Mises, the whole concept of velocity is hollow:

"In analyzing the equation of exchange one assumes that one of its elements--total supply of money, volume of trade, velocity of circulation--changes, without asking how such changes occur. It is not recognized that changes in these magnitudes do not emerge in the Volkswirtschaft [political economy, or more loosely `economy'] as such, but in the individual actors' conditions, and that it is the interplay of the reactions of these actors that results in alterations of the price structure. The mathematical economists refuse to start from the various individuals' demand for and supply of money. They introduce instead the spurious notion of velocity of circulation fashioned according to the patterns of mechanics." (Human Action, p. 399)
Furthermore money never circulates as such:

"Money can be in the process of transportation, it can travel in trains, ships, or planes from one place to another. But it is in this case, too, always subject to somebody's control, is somebody's property. "(Human Action, p. 403)
Velocity Has Nothing To Do With the Purchasing Power of Money

http://mises.org/daily/6353/The-Austrians-Were-Right

Until the taxpayer awakes he deserves it. http://www.flickr.com/photos/expd/8548738421/

They both lied : http://mises.org/journals/qjae/pdf/qjae13_3_6.pdf Proxy war economy masked as reform as like the Justianian's reign to
political smoothing party of hollow point retirement planning. Already they are fomenting 300 percent planning for liquidating goat herders
rhetoric. Higgs, Robert. 1997. “Regime Uncertainty: Why the Great Depression Lasted so Long

[vincecate]

According to Mises, the whole concept of velocity is hollow:

It is a bit funny because no matter how you define the money supply you can always calculate some velocity that fits with that money supply and GNP. However, I think it does help to think about velocity when you are trying to understand hyperinflation.

[aedens]

So you expect a Political Noske moment in the market to convince cluster supply chains to pull all out is what you are saying Vin. This means the FED is all out and you cannot find a commodity to barter with? I agree with John on the comment on commodity complex infrastructure uncertainty with the ruble and the Egyptian pound float so what we are saying there are paper Tigers just as before. I do not agree that GNP is reality based since government spending is a premise on capital control based in repressionary theft of capital savings as we are now. The butcher, the farmer, and the blacksmith can get along and even share some internalized utility with a tailor was my main conveyance outside the purview of the macro parasitic sociopaths gun powder cult.
Nobody has a issue with proper defense and there is the rub. Reality entails a effective tax rate of twenty percent to maintain stable society's. Bonhoeffer had a inside seat view on the panic that facilitated the liquidity freeze we all seem to allude to. If I could cure Vitamin B illnesses and inflammation of the vascular systems who would care? Lack of B vitamins causes dementia, mood swings, outburst, anger, muscle weakness, nervousness, anxiety etc. And they lament about sugar since ignorance's are indulgences of other people money so yes we can measure GNP anyway we wish with statist machinations. By the way birth control drugs cause the aforementioned B vitamin illnesses in women. I can honestly say my wife never has had these afflictions from the savior statists and we are unhappy we are made to pay taxes to butcher other peoples morality spectrum's.