Financial topics

[aedens]

Just tossing it out for fun and Team Obama fun shit army https://www.youtube.com/watch?v=bnKTNRe2iWk
1,631.89
+16.48
+1.02%

[Higgenbotham]

Just tossing it out for fun

Wouldn't surprise me if that 1632 is the high.

3 MONTH.gif (41.45 KiB) Viewed 3211 times

5 YEAR.gif (35.71 KiB) Viewed 3211 times

[aedens]

I got that thought but the herd is running on hopium fumes about now on the new normal job release numbers.
We just noted the seen and unseen as Hayek told us with Uncle Moa cosolidating sectors. That was no surprise and forumed.
Very pivotal time on many issues.
http://www.youtube.com/watch?v=NXsoakk3 ... LGNel9UVBA
Ed is more than they can see or understand as countless know. I will not move my window for ~2015

[Higgenbotham]

Interest rates going up should result in stocks going down. This move up is rather fast and does not look like it is over.

This move Friday was a shocker. The chart you posted does a nice job of highlighting and summarizing an extremely serious situation. I knew the US bond market was in trouble but didn't realize how much trouble until viewing your chart. Cramming the debt down to the short end isn't going to help for long, is it?

[Higgenbotham]

I got that thought but the herd is running on hopium fumes about now on the new normal job release numbers.

We just noted the seen and unseen as Hayek told us with Uncle Moa. Very pivotal time on many issues.

If there really was a top on May 22 this area should hold. But to be consistent with how markets normally work, that long term trendline I drew on the 5 year should have held from underneath at the new moon on April 10. Notice it wasn't exceeded for 2 years after the US debt downgrade.

[aedens]

Yea that what I see also and Vin's note supports that ceiling also to hold. Goes back to rhetoric we captured here early on. Even the actual thinking democrats are turning on him as you said you would do this and bluntly they are calling them out now. They Fu%^ed up and no amount to spin will recover this. The hair is on fire and they know it. Also after the Kerry is here doing this and that and got slammed punked by the press they just imploded there own base. Like we moderates said we will waiting for you both to wake up. I hope these Democrats eat them alive and the Republicans realize they are in pathetic shape also, people are really pissed and this is not a one political canvas view on topics. Mr Market is not red or blue just the beltway captured plumping overflow. Right now the taxpayer realism is they just need to not screw up anymore than needed and knock it off.

[John]

Interest rates going up should result in stocks going down. This move up is rather fast and does not look like it is over.

This move Friday was a shocker. The chart you posted does a nice job of highlighting and summarizing an extremely serious situation. I knew the US bond market was in trouble but didn't realize how much trouble until viewing your chart. Cramming the debt down to the short end isn't going to help for long, is it?

It's the same in Europe. All the eurozone country bond yields
have been spiking since around May 1. Perhaps this means that
U.S. treasuries are no long considered safe, and there's a
flight to cash.

[aedens]

As we alluded to overlays on encyclicals just could be that snap so distortions and dislocation would be a passing
walk in the park since they walked right into it what paper tigers always do, reality.
Patriotism is supporting your country always -- and your government when they deserve it. Mark Twain

[Reality Check]

We now have a better idea of why the Administration finally panicked and postponed Obamacare's employer mandate on Tuesday. According to Friday's jobs report, the economy created 195,000 new jobs during June -- which is the figure that the analysts on CNBC are euphorically quoting.

But what they're not saying is considerably darker. The number of part-time jobs (working under 35 hours per week) increased by 360,000, while the number of full-time jobs actually FELL by 240,000. A lot of this can be attributed to the postponed Obamacare employee mandate. (See yesterday's article, "5-Jul-13 World View -- Eurozone and Obamacare continue their parallel economic collapse")

There appears to be a big shift going on from full-time to part-time employee and employers refusing to hire full-time workers, since any full-time worker requires a very big financial commitment with Obamacare. The one-year postponement may relieve the situation, but probably not my much, since the same mandate is supposed to be in place a year later.

I agree. The politics of this is what led to Obama delaying parts of Obama Care until after the election. But not the negative impact on the economy, except to the extent that might cause him political problems in the very short term ( next 16 months to the election ).

Good paying, full time, full benefit, jobs have been moving from the United States to other countries for decades.

Politicians and the Media have simply ignored this.

Under Obama's "recovery" the population of working age people in the United States continued to grow, but the number of full time jobs actually declined and the percentatge of adults holding full time jobs has reached an all time low.

Again, Politicians and the Media have simply ignored this.

What Obama is trying to avoid is a voter perception that Obama Care is causing this right before an election.

But Obama, and the Media, have already proved they do not care at all about full time jobs for the average working person.

Eventually the entire economy will collapse, but they are preparing for that by changing laws to allow the military to act as police and buying military equipment, weapons and Hundreds of Millions of bullets for Polcie Departments and Home Land security police forces. They are not reversing course away from government control'; Just the opposite they are looking forward to increasing government control as a solution to each of the coming crisis.

Unlike Nixon and his Administration ( who did not have their heart in government control of prices ), Obama and his Administration are true believers in the infallacy of big governement, this is not a reversal of course by Obama out of fear for the middle or long term effects on the U.S. economy. He is only worried about the potential negative political spin ( negative for his political allies running for congressional office ) related to Obama Care being blamed for causing full time job losses in the months before the election that is coming up in 16 months.

[Higgenbotham]

December 23, 2011

The periphery is collapsing, so the center is using up its resources to hold the periphery. But as the periphery uses up resources, the center eventually will not hold.

I think that I and other people were thinking of some kind of domino situation, where one domino after another would fall. But now it looks like all the dominoes will stand until finally the entire domino table is upended.

John, if you carry your idea bit further, Vince may end up having the last laugh. If the can kicking is continued to infinity, then in theory every bond market will be supporting every other bond market. So the final event will be a worldwide bond market collapse of every bond market in the world, all at once. But I don't think that is going to happen because eventually the US is going to figure out they can't do that without those adverse consequences. And once that day comes, that is when the panic is going to hit, I believe.

You know, that's an interesting concept. Suppose that everyone agreed they would keep on lending money to each other, to prop up each other's economy. Could that really go on forever? Only in a universe where pigs fly. Sooner or later someone would balk. That's why every Ponzi scheme crashes, sooner or later. Would that cause hyperinflation? Not necessarily, because of the plummeting velocity of money.

It'll probably go as dominoes, but so close together that they fall pretty much all at once. The longer the can kicking goes on the bigger and faster the pileup should be when somebody finally does balk and the panic hits.

I think they really have carried it through all the way to the end, and all bond markets will (are) implode (imploding) worldwide, all at once. There won't be any timeline or model to measure this against because it is a once per millenium or once per ten millenium type of event. I don't talk about the 14th Century dark age anymore because even then the Venetians and the Florentines were not stupid enough to destroy their bond markets. Also, I am beginning to see others like Woody Dorsey and Martin Armstrong have caught onto this (the magnitude of what we are seeing here), as mentioned in these pages recently.