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Stock Market Crash! (merged) Pt. 11

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 11

Unread postby Armageddon » Mon 09 Dec 2019, 16:55:27

Dec 9 (Reuters) - U.S. luxury homebuilder Toll Brothers Inc reported a nearly 35% fall in quarterly profit on Monday, hit by slowing demand and lower margins from home sales.


They haven’t seen anything yet. This thing is just getting started.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Armageddon » Mon 09 Dec 2019, 22:26:12

October consumer credit expands at second strongest monthly rate this year “Revolving credit, like credit cards, rose at a 8.8% rate in Oct. And credit-card use in Sept was also revised higher” Missed this last Friday but it sure explains Oct retail sales.


Homeowners have tapped their home equity in biggest cash out in 12 years. Trips, home renovations, credit card payments? Is this the last hurrah?


We are in the bubble of all bubbles. This won’t end well.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Armageddon » Mon 09 Dec 2019, 22:32:07

Morgan Stanley: Central Banks Are Injecting $100 Billion Per Month To Crush Vol And Spike Markets
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Yoshua » Tue 10 Dec 2019, 05:12:42

NASA predicts that the next Grand Solar Minimum will start in 2020.

The last Grand Solar Minimum was from 1790 to 1830. Temperatures fell...starvation followed...revolutions took place in Europe...

Just a little bit more doom.

On the bright side: food prices rose sky high.

https://electroverse.net/nasa-predicts- ... lications/
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Yoshua » Tue 10 Dec 2019, 05:54:07

"China’s consumer inflation hit 4.5% YoY in Nov, above 4% for first time since 2012.

Food prices jumped 19.1%. Pork prices surged 110%. Core CPI remained benign at 1.4%."

China is already ravaged by African Swine Fever that has killed 50% of its hogs and pest that is destroying its crops...and here comes the Grand Solar Minimum.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Cog » Tue 10 Dec 2019, 07:16:11

Anything bad for China is good for the USA. Silver linings and all that.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby shortonoil » Tue 10 Dec 2019, 11:42:37

NASA predicts that the next Grand Solar Minimum will start in 2020.

The last Grand Solar Minimum was from 1790 to 1830. Temperatures fell...starvation followed...revolutions took place in Europe...


Well, so much for the "we are going to die from heat prostration in twelve years" as planet Earth is supposed to convert into a Venus. Go long Indian blankets.

The interesting thing is that this temperature rise scenario, where we are all gong to die hocus pocus, was based on the IIPC, Temperature vs CO2 diagram. IIPC plotted it as a straight line, when any mathematician worth more than their weight in horse shit would tell you the function is exponential. It is taking an increasing amount of CO2 to increase the temperature, and that is going up at an accelerating rate. In simple terms that means we would all suffocate long before we cooked. Since that hasn't happened in the last billion years, it would be pretty safe to say that it is not gong to happen next year either.

Untold $billions have been wasted on this modern day version of a coot hunt. Millions bought into the sham. Some went so far as to proclaim that deniers of catastrophic global warming should be put to death. This whole fiasco got going when a few large banks realized that they could make a pile of money as brokers for carbon credits. The MSM got behind their buddies the banks, politicians believed they could promote their careers, and the sheep followed right along.

Of course, the exploding world debt, and the coming end of the oil age has no money to be made from it. It is being conveniently ignored.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Armageddon » Tue 10 Dec 2019, 11:54:39

Cog wrote:Anything bad for China is good for the USA. Silver linings and all that.




They were the economic engine that pulled the world out of the 2008 crises. That won’t happen this time
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Yoshua » Tue 10 Dec 2019, 13:27:47

They will just blame global cooling on burning of fossil fuels. They will just say: Look we told you so.

You can't beat them.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Outcast_Searcher » Tue 10 Dec 2019, 14:47:27

Yoshua wrote:They will just blame global cooling on burning of fossil fuels. They will just say: Look we told you so.

You can't beat them.

When there's meaningful global cooling over several years, be SURE and get back to us.

In the real world, climate science shows that solar variance is strongly outweighed by AGW inputs like CO2 increases.

But lo and behold, the data free economic doom idiots like you and short also ignore the science re global warming (re your comments). Imagine that. :roll:
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Outcast_Searcher » Tue 10 Dec 2019, 14:51:39

shortonoil wrote:
NASA predicts that the next Grand Solar Minimum will start in 2020.

The last Grand Solar Minimum was from 1790 to 1830. Temperatures fell...starvation followed...revolutions took place in Europe...


Well, so much for the "we are going to die from heat prostration in twelve years" as planet Earth is supposed to convert into a Venus. Go long Indian blankets.

At least you're consistent in something. Absolute idiocy re anything scientific or mathematical in nature (including your economic and oil "analysis"). Anything requiring an understanding of data and non-delusional analysis.

Funny how you pretend to be patient as you extend and pretend on your CONSTANTLY wrong economic and oil calls. But then re climate science, you pretend like having the attention span of a gnat outweighs all serious observations re the need to look at CLIMATE over several decades.

But keep babbling. And always pretend ANY short term minor trend you happen to get right means you're right overall. Because, that's all the clowns like you and armageddon have.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Yoshua » Wed 11 Dec 2019, 09:31:14

Climate science could be really spectacular if it was built on everything that affects the climate.

The CO2 level in the atmosphere is 400 PPM.

The Water vapor (a greenhouse gas) level in the atmosphere is 2500 PPM.

The sun activity affects the heliosphere, which in turn affects how much clouds are formed.

Climate science is still in its early evolution.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Armageddon » Wed 11 Dec 2019, 10:49:10

New Debt Record; Americans Propping Up the Economy With Money They Don’t Have
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby onlooker » Wed 11 Dec 2019, 13:46:15

https://claudiograss.ch/2019/12/the-des ... rventions/

 The destruction of civilization – implications of extreme monetary interventions
"We are mortal beings doomed to die
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby onlooker » Wed 11 Dec 2019, 14:03:28

Someone is calling a crash before Christmas. Happy holidays everyone

https://m.youtube.com/watch?v=NHwlhAyIjQY&feature=share
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Outcast_Searcher » Wed 11 Dec 2019, 15:29:32

Yoshua wrote:Climate science could be really spectacular if it was built on everything that affects the climate.

The CO2 level in the atmosphere is 400 PPM.

The Water vapor (a greenhouse gas) level in the atmosphere is 2500 PPM.

The sun activity affects the heliosphere, which in turn affects how much clouds are formed.

Climate science is still in its early evolution.

Of course. You're a brilliant scientist and have just refuted all of climate science. :roll:

I especially like all your wonderful attributions -- just as good as Armageddon's frequently are. :lol:

Meanwhile in the real world, AGW and its impacts continue apace, so there's that. 8O
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby marmico » Thu 12 Dec 2019, 06:35:54

New Debt Income Record; Americans Propping Up Advancing the Economy With Money They Don't Do Have


Image

*Bold, for emphasis.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby shortonoil » Thu 12 Dec 2019, 11:12:17

At least you're consistent in something. Absolute idiocy re anything scientific or mathematical in nature (including your economic and oil "analysis"). Anything requiring an understanding of data and non-delusional analysis.


Imbeciles will continue to be imbeciles. Never seen that premise in a physics text, but it must be "some" law of nature? Dumber than a rock is one of those foundational type of things. This critter would have made a Dodo Bird look like a genius. Even though they both chose the extinction route.

World debt is growing 9 times faster than its GDP. If planet Earth was a company the creditors would be hauling away the furniture by now! Depletion is sucking the last of the world's wealth from it at an exponential rate (for those dumber than a rock; that's bad news in spite of what CNN told you).

The Achilles heal of the world's economy is its monetary system. It was invented as a snake that eats its own tail. The debt must go forever higher for it to exist. Past interest cost keep getting rolled over into the refinancing. With depletion, continuing relentlessly on its path to completion, the debt will go ever higher until that system will no longer function.

https://realinvestmentadvice.com/when-i ... po-fiasco/

Image

Is Zoltan's Market Doomsday Imminent? Here Are The Two Things To Watch
In the aftermath of Zoltan Pozsar's stunning "doomsday" report about an upcoming crisis in the repo market, which we discussed extensively yesterday, and which predicted that the Fed may "lose control of overnight rates" leading to a vicious dislocation in repos coupled with a paralysis in the FX swap market, many traders who (pretend to) understand the implications of what the former Fed strategist said, have quietly hunkered down and are looking carefully for signs that Pozsar is correct, a worst case scenario that could then lead to a spike in Treasury yields, a forced deleveraging of hedge funds, and a plunge in equities. In short: a stock market apocalypse.

https://www.zerohedge.com/markets/zolta ... ings-watch

So; big banks forcing the FED's hand? This could get interesting. Now we get to find out who really has the power; and are they smart enough to use it.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Outcast_Searcher » Thu 12 Dec 2019, 14:45:47

Meanwhile, in the real world, market hitting new highs again as prospects for a good China trade deal brighten.

Oh, and the Fed votes unanimously to hold interest rates steady, and plans NO POLICY CHANGES THROUGH 2020. So much for the Armageddon negative interest rates in our face scenario, the market crash due to that scenario, the hyperinflation scenario (as rates remain very muted), etc.

https://www.cnbc.com/2019/12/12/stock-m ... treet.html

At the end of the day, it's the same thing as per usual with the fast crash doomer windbags. Make frequent terrible predictions. When they're wrong, refuse to admit it, make more sh*t, extend and pretend, etc.

So impressive. :roll:
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 11

Unread postby Armageddon » Thu 12 Dec 2019, 15:55:06

Outcast_Searcher wrote:Meanwhile, in the real world, market hitting new highs again as prospects for a good China trade deal brighten.

Oh, and the Fed votes unanimously to hold interest rates steady, and plans NO POLICY CHANGES THROUGH 2020. So much for the Armageddon negative interest rates in our face scenario, the market crash due to that scenario, the hyperinflation scenario (as rates remain very muted), etc.

https://www.cnbc.com/2019/12/12/stock-m ... treet.html

At the end of the day, it's the same thing as per usual with the fast crash doomer windbags. Make frequent terrible predictions. When they're wrong, refuse to admit it, make more sh*t, extend and pretend, etc.

So impressive. :roll:



The same FED who said they were going to keep raising and then cut 3 times? Haha ok
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