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May 41, 2020 - Time to Go Away Yet?

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To Make quick bucks, Real action is in Nasty Just like pre Y2K. worst action in Dow Joke.

 

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Remember: Nasdaq DOUBLED from Oct 99 to March 2000 and don‘t say that in Oct 99 we were NOT already in a MEGA mania.

This thing could get completely out of hand to the upside and again the mania is best visible in Nasdaq.

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3 hours ago, fxfox said:

Since the FED is known for doing weird things sometimes, how would it be if Powell just would say later:

"Ladies and Gentlemen, we are pulling the plug. Right NOW!".

:lol:

It’s funny, I thought about this several times. If I was the type of person to look for revenge I could see pulling the plug mid August For all the nasty things Trump has said about him.What does trump have on Powell?

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4 minutes ago, itiswhatitis said:

It’s funny, I thought about this several times. If I was the type of person to look for revenge I could see pulling the plug mid August For all the nasty things Trump has said about him.What does trump have on Powell?

Fed has a power to change governments, Don't worry it's coming. IMHO

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Presser over now.

Bloomberg guy asked last question about markets, if there is a bubble blowing up. Powell said basically the FED wants markets to work, which they do now and that the FED does not target specific price levels, ergo: The FED has no problem what stocks are doing right now.

There was nothing really bearish in that presser. 

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It is all about 5 stocks......Or what they call "Organic Growth"

And It's all over now, baby blue........

 

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Only dog you can bet on is Nasty

Dog call Dow is getting too old.

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10 minutes ago, fxfox said:

Presser over now.

Bloomberg guy asked last question about markets, if there is a bubble blowing up. Powell said basically the FED wants markets to work, which they do now and that the FED does not target specific price levels, ergo: The FED has no problem what stocks are doing right now.

There was nothing really bearish in that presser. 

Powell is such a cynical pathetic asshole.

No one at the top "wants markets to work." Not a goddamned single person. And especially not this cowardly POS Powell.

They want public policy geared to finance private profits through Fed/Treasury mechanisms.

It is so freaking obscene.

If there were any coherence left in this country, protestors would pivot from Lafayette Park and make their way to the Treasury building at 1500 Pennsylvania Avenue to lay siege.

But there isn't. They continue to monetize "land of opportunity" BS that serves as cover for pillage of the public purse.

 

And there ain't nothing - NOTHING - that can be done about any of it..

 

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They cultivate a middle class just enough to harvest all the fruit for themselves.  With robots, they need fewer middle class 

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Bloomberg asked Chairman Powell about the mania. And Powell’s response was that 1. The Fed isn't in the business of deciding when there is a bubble or not in equity markets and 2. The Fed needs to concentrate on maximum employment. So there’s your answer

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42 minutes ago, Jimi said:

Powell is such a cynical pathetic asshole.

No one at the top "wants markets to work." Not a goddamned single person. And especially not this cowardly POS Powell.

They want public policy geared to finance private profits through Fed/Treasury mechanisms.

It is so freaking obscene.

If there were any coherence left in this country, protestors would pivot from Lafayette Park and make their way to the Treasury building at 1500 Pennsylvania Avenue to lay siege.

But there isn't. They continue to monetize "land of opportunity" BS that serves as cover for pillage of the public purse.

 

And there ain't nothing - NOTHING - that can be done about any of it..

 

Only by a bloody revolution where they march to the Goldman HQ and throw them all out of the windows. 
Even if the FED would be abandonned, but the big invesrment banks would still be there, nothing would change. It is their evil spirit, their „corpsgeist“ (nice German word 😉😂) which ruins society.

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1 minute ago, fxfox said:

Only by a bloody revolution where they march to the Goldman HQ and throw them all out of the windows. 
Even if the FED would be abandonned, but the big invesrment banks would still be there, nothing would change. It is their evil spirit, their „corpsgeist“ (nice German word 😉😂) which ruins society.

Americans love easy credit and asset inflation. Nobody is going to revolt against them.  Instead if there isn't easy credit and asset inflation then America will be over.   

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