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Re: Stock Market Crash! (merged) Pt. 12

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Wed 15 Jan 2020, 23:22:11

Federal Reserve officials are considering lending cash directly to hedge funds through clearinghouses to ease stress in the repo market.


Fed Adds Just Under $50 Billion In Temporary Liquidity Wednesday


Nothing to see here, move along.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Thu 16 Jan 2020, 08:32:11

U.S. rail y/y carload declines seen all year accelerated in 4Q19, reaching its lows in December


Falling off a cliff
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Thu 16 Jan 2020, 11:33:28

The Wall Street Journal notes that in the past 12 months, 40% of all US-listed companies were losing money, the highest level since the late 1990s – or a period also referred to as the Dot Com bubble.


If that isn't the epitome of the greatest economy ever, it would be hard to say what is? At least it gives us a pretty good idea who will be the first to roll over, and die. It looks like the oil industry is right up high on the list. Print Vladimir, print. The Huns are at the gate!
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Thu 16 Jan 2020, 15:54:19

And is that some sort of Nibiru Mayan Calendar end-times prediction?


He likes the Mayan's because they tended to eat each other, fairly often. He can relate to it.

When WTI is below $10 for months, I'm sure you'll let us know.


When WTI is below $10 for months there will be no one paying attention. They will too busy trying to dig up some weeds to eat to be bothered with the price of oil. At $10 you will be using your computer as a boat anchor while you fish for diner. A civilization that was built on oil, and runs on oil at $10 will not be producing oil. Wombat!

China's Largest Utility Company Warns "Growth To Decelerate Sharply Through 2024"
https://www.zerohedge.com/markets/china ... rough-2024
State Grid's bearish outlook on the economy is some of the first internal data from a state-owned company confirming our thoughts that China's massive money printing, as of early 2020, isn't working and the country is headed for a prolonged slowdown.


Money printing is no longer working in China, or Europe, or the US. The central banks are at the end of their rope. Manufacturing is down, trade is down, earnings are down, and no one is making any money.** World wide average return on capital is now 2.1%. The risk now, far, outstrips the potential for a benefit. At the zero% profit point even maintenance is put on hold. The central banks can no longer even pretend that they can expand the economy by creating fictitious money out of the stratosphere. Mr. Market will figure out that they are printing into a bottomless black hole of debt; at the end of this quarter; ('st1 20). When the markets figure out that the CB must print $48 trillion this coming year to balance for the currency destruction process - they will realize that the FED's, effervescing money, will no longer even make it as far as the stock market before it boils off. After that it will be "let's see who can make it first to the door!" Too much debt can do that to one, and way too much debt the world has plenty of:

Someone tell Q. Trump has just got to be warned???: The FED has run out of Brier Rabbits to pull from their magic hat. It has been rumored that they even lost the hat!

** The Wall Street Journal notes that in the past 12 months, 40% of all US-listed companies were losing money, the highest level since the late 1990s – or a period also referred to as the Dot Com bubble.

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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Thu 16 Jan 2020, 20:42:59

Cass Year-Over-Year Freight Index Sinks to a 12-Year Low

Freight shipments are still sounding recession alarm bells.


Trucking, rail and shipping are falling off a cliff
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Fri 17 Jan 2020, 07:50:54

JPM sees U.S. growth slowing to 1.7% this year from last year’s 2.3%, even as the worldwide expansion holds steady at about 2.5%. The firm’s analysts dubbed the shift “the end of U.S. exceptionalism.”


Considering the amount of debt expansion, this is pretty terrible.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Fri 17 Jan 2020, 08:14:11

"White House officials are scrambling to produce an election year fiscal stimulus plan that is likely to include tax cuts to juice the economy and stock market ahead of the 2020 presidential contest, FOX Business has learned."
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Fri 17 Jan 2020, 08:41:24

UN Warns Of Slowbalisation As Economic Growth In 2019 Plunged To Lowest In Decade
The U.N. warned that if trade disputes aren't resolved this year, geopolitical tensions spiral out of control, and for whatever reason, central banking monetary policies are ineffective in stimulating growth, then the global economy could register a depressing 1.8%.


What do you know? Not one word about the debt? If they know, but aren't saying; they are lying to us! If they don't know we are being led by a contingent of the Three Stooges. How reassuring!

And then, there is the oil situation. The world is burning 36 billion barrels a year, and finding less than 4 to replace it. Let's ignore that also, and focus on the "TRADE DEAL'. There certainly is a climate problem, we are living through the biggest "snow job" in history.

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Re: Stock Market Crash! (merged) Pt. 12

Unread postby marmico » Fri 17 Jan 2020, 10:00:53

For the umpteenth + 1 time, fix your debt chart you innumerate bozo.

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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Fri 17 Jan 2020, 10:05:14

U.S. industrial output falls 0.3% in December, third drop in past four months
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby rockdoc123 » Fri 17 Jan 2020, 10:08:20

We interrupt your regular scheduled programming at Zerohedge with the following from CNBC:

Stocks rise to end the week as strong earnings and housing drive Wall Street to record highs

Stocks opened at record highs on Friday as strong global economic data and a solid start to the earnings season led to another week of gains.

Chinese industrial data for December came in better than expected, with production rising 6.9% on a year-over-year basis.

In the U.S., housing starts soared nearly 17% in December and reached a 13-year high. That data follows Thursday’s release of better-than-forecast weekly jobless claims and strong business activity numbers from the Philadelphia Federal Reserve.

Stocks also rose after hedge fund billionaire David Tepper told CNBC’s Joe Kernen he still likes the current bull market. “I love riding a horse that’s running,” Tepper said in an email. “We have been long and continue that way.”

Corporate earnings have also been better than expected to start off the reporting period. More than 8% of the S&P 500 has reported quarterly results thus far, FactSet data shows. Of those companies, 72% of companies gave posted better-than-expected earnings


US retail sales climb in December, and November sales were revised up

U.S. retail sales rose for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, which could strengthen the view that the economy maintained a moderate growth pace at the end of 2019.

Excluding automobiles, gasoline, building materials and food services, retail sales jumped 0.5% last month after falling by a downwardly revised 0.1% in November.

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, grew at a 3.2% annualized rate in the third quarter. Growth in consumer spending is expected to have slowed to around or below a 2.5% rate in the fourth quarter. The economy expanded at a 2.1% pace in the July-September period.


we now return you to your regular scheduled disaster movie courtesy of Zerohedge. :roll:
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Cog » Fri 17 Jan 2020, 10:39:57

Armageddon was supposed to start an economic crash thread but I guess he didn't have any new ideas. So Part 12, going onto part 13 of a stock crash that never happened, will remain his doomer venue.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Fri 17 Jan 2020, 11:00:27

Cog wrote:Armageddon was supposed to start an economic crash thread but I guess he didn't have any new ideas. So Part 12, going onto part 13 of a stock crash that never happened, will remain his doomer venue.



This one is too much fun
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Tanada » Fri 17 Jan 2020, 11:14:01

Armageddon wrote:
Cog wrote:Armageddon was supposed to start an economic crash thread but I guess he didn't have any new ideas. So Part 12, going onto part 13 of a stock crash that never happened, will remain his doomer venue.



This one is too much fun


The system reports 411 threads with the terms "Economy" or "Economic" in the title. Below are just nine examples to pick from.

the-economic-end-game-continues-t73727.html

limits-to-economic-growth-t73946.html

the-approaching-us-energy-economic-crisis-t73650.html

catalyst-for-economic-collapse-t72894.html

when-do-you-think-the-economy-will-crash-t72969.html

let-s-crash-the-global-economic-system-t72918.html

peak-economy-was-oil-price-softening-t61546.html

us-economic-demise-t71213.html

us-economy-dead-t71063.html

All of these are from the 50 most recent list.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Fri 17 Jan 2020, 12:30:25

For the umpteenth + 1 time, fix your debt chart you innumerate bozo.

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OH BOY!!!! A new bar chart!

For about $50 they can buy the software to convert that data into a usable function as a line graph. Of course, if they did that, a few people may be able to see what is actually happening (excluding you of course). By the way, do they mention the 20% of the world economy that is underground, and thus, is off the books. NO - must have been an oversight?

Even still, your 10¢, low budget bar graph still shows $300 trillion in debt by the end of 2020. Which is more than enough to bring the whole thing down in one spectacular crash. Remember to vote, it may be your last chance!

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Re: Stock Market Crash! (merged) Pt. 12

Unread postby marmico » Fri 17 Jan 2020, 14:04:17

Another week. Same BAU.

Forecasts for Q4:2019 GDP -

1. Atlanta Fed - 1.8%
2. New York Fed - 1.2%
3. Blue Chip consensus - 2.0%

https://www.frbatlanta.org/cqer/research/gdpnow
https://www.newyorkfed.org/research/policy/nowcast.html

The Fed drained $17 billion in repo liquidity in the week ending January 15, 2020.

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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Fri 17 Jan 2020, 14:10:41

Stock market keeps rising but movement of goods falling? Kass shipments show the steepest y/y decline since the Great Recession of 2008-2009 (courtesy of @mishGEA
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby StarvingLion » Fri 17 Jan 2020, 14:14:12

Look at that POS called Boeing CRAAAAASH into oblivion. BA stock is down 3% today hitting new lows for the year. Kiss the MIC goodbye,Cog, you worthless sack...HAHAHHAHAHA. Cog's other POS called Ford is dropping like a rock too. What a stock picker.

Why doesn't Cog invest in Oil Companies like XOM which are continously tanking? EOG down 3% today.

The "price" of oil will never go up. This dog society shit parade can't afford dog poo.
Cog's a sack of crap.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby StarvingLion » Fri 17 Jan 2020, 14:16:30

You worthless sacks don't stand on top of any resources and you cannot secure *any* oil from the ME, Libya, or Russia.

In other words, you are totally broke...

Your "education" isn't worth dog pee.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby StarvingLion » Fri 17 Jan 2020, 14:21:28

When will expert stock picker Cog explain why that TSLA scam stock from Commifornia is soaring while F, GM, BMW, ... are going nowhere except down?

He won't answer cause he don't knnow shit.

Gold is soaring, how come? Because this worthless shit banana rep;ublic is a giant fraud.
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