Submitted by Thad Beversdorf via FirstRebuttal.com,
Dear Stock Market,
I need you to pull your head out of your ass.
You are paying record valuations.
But in the face of the identical earnings deterioration we saw heading into the financial crisis.
The growth you are pricing in simply cannot be realized. Real incomes are the same level they were in 1990.
But the real S&P price level is 3x higher today.
What’s that? Population growth is the key to earnings growth you say, because we know credit and welfare are beyond sustainable levels at all time record highs? The problem with that is population growth is at 100 year lows.
And so if Income, Population, Credit and Welfare have flatlined for the foreseeable future (which is clearly showing up in the collapsing current earnings growth rates) from whence is the record growth being priced into the market going to be realized? Robots or Refugees?
Signed,
Dead Money.
” from whence is the record growth being priced into the market going to be realized? Robots or Refugees?”
Neither. Magic currency creation is all that’s needed. Just wait and see. You may thing you have seen ‘full retard’ but you ain’t seen nothing yet.
@Gator
One of the reasons I follow all of this instead of looking at porn is because I 100% know that I ain’t seen nuthin’ yet. I bet these guys are gonna pull rabbits out of their asses. I bet it will be a chorus of fat ladies singing when this goes down. They will do whatever it takes and whatever it takes has no limitations.
Poor. Thad. Still havent figured out that not one ounce of data means a thing when Yellen Yellen the counterfeiting felon determines the finish of the S and Peee over some starbucks every morning. .. You know what i did. I put the charts down, studied some Talmud and Protocols of the Learned Elders of Zion to get some insight as to whats gone on the last 8 years. and some say 80 for that matter.
PROTOCOL No. 5
1. What form of administrative rule can be given to communities in which corruption has penetrated everywhere, communities where riches are attained only by the clever surprise tactics of semi-swindling tricks; where loseness reigns: where morality is maintained by penal measures and harsh laws but not by voluntarily accepted principles: where the feelings towards faith and country are obligated by cosmopolitan convictions? What form of rule is to be given to these communities if not that despotism which I shall describe to you later? We shall create an intensified centralization of government in order to grip in our hands all the forces of the community. We shall regulate mechanically all the actions of the political life of our subjects by new laws. These laws will withdraw one by one all the indulgences and liberties which have been permitted by the GOYIM, and our kingdom will be distinguished by a despotism of such magnificent proportions as to be at any moment and in every place in a position to wipe out any GOYIM who oppose us by deed or word.
Yellen Cryptic Speeches ??
4. Moreover, the art of directing masses and individuals by means of cleverly manipulated theory and verbiage, by regulations of life in common and all sorts of other quirks, in all which the GOYIM understand nothing, belongs likewise to the specialists of our administrative brain. Reared on analysis, observation, on delicacies of fine calculation, in this species of skill we have no rivals, any more than we have either in the drawing up of plans of political actions and solidarity. In this respect the Jesuits alone might have compared with us, but we have contrived to discredit them in the eyes of the unthinking mob as an overt organization, while we ourselves all the while have kept our secret organization in the shade. However, it is probably all the same to the world who is its sovereign lord, whether the head of Catholicism or our despot of the blood of Zion! But to us, the Chosen People, it is very far from being a matter of indifference
You can’t outguess the Fed and it is pointless to try. Just buy things like a small farm, silver coins, high quality ammo, and all the other good things that will hold their value in the days to come.
Think like a Venezuelan prepper should have — what should I buy before people begin hunting for cats and dogs (soon corpses) to eat?
We could see 2000 bubble valuations surpassed before this shitshow is over.
The stock market is a government policy tool. Cheaper for the central bankers to rig it higher than print trillions to bail out the already Insolvent public pension funds. It will all collapse in due time , but for now the game goes on.