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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 asg70 » Mon 30 Dec 2019, 10:49:15

onlooker wrote:As real economic dynamics ie. excessive debt, low EROEI etc intrude on the fabricated dynamic of the central bank manipulated market, the only question remaining is not the if the Crash will happen 'its baked in" but when. https://m.investing.com/analysis/a-mark ... -200495036


by Charles Hugh Smith, professional perma-doomer.

Yet another dubious appeal to authority to add to your already lengthy collection.

HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Mon 30 Dec 2019, 12:04:05

Dallas Fed Contracts For 3rd Straight Month, Confirming Regional Survey Slump

Chicago PMI Stuck In Contraction For 4th Straight Month
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Mon 30 Dec 2019, 12:45:14

Chicago PMI Stuck In Contraction For 4th Straight Month


The CASS freight index has been down for 11 months. It is getting hard to find something that is not going down; except for the stock market. If the stock market has anything to do with the economy, it sure isn't obvious. The FED's pseudo money printing has broken the entire system, and it will be a long cold day in hell before they figure out how to put it back together. A complete breakdown is now the only option, and getting it restarted without high quality oil is going to be the trick of the century. It's called being FUBARed.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Mon 30 Dec 2019, 12:54:22

on regional forensics “Chicago follows Dallas, Richmond & KC in contraction which also incorporates GM workers back on job which should have helped Chicago. NY just > 0 at 3.5 & Philly essentially flatlined at .3...not much of a bounce upon announced China trade deal.”


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

Unread postby marmico » Mon 30 Dec 2019, 13:25:18

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

Unread postby asg70 » Mon 30 Dec 2019, 14:54:14


HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby onlooker » Mon 30 Dec 2019, 16:07:27


Trillions of conjured up money continues apace. Fixed that for you. :razz:
https://wallstreetonparade.com/2019/12/ ... ns-silent/
"We are mortal beings doomed to die
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Tue 31 Dec 2019, 08:00:23

Trillions of conjured up money continues apace. Fixed that for you.


BAU is continuing along exactly like it has been for the last few decades: mountains of exploding debt, contracting manufacturing, and shrinking world trade. BAU is the best example there is of our failing economy, and an economy that is dying of energy starvation.

The market is down 2 days in a row? Is the FED on vacation, or are they running out of bullets? For 2020 the central banks will need to create $9.78 in new debt to generate an additional dollar in GDP. This isn't going to work out very well.

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

Unread postby asg70 » Tue 31 Dec 2019, 08:21:26



Onlooker's appeal to perma-doomers as if they are authority continues apace.

HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby shortonoil » Tue 31 Dec 2019, 10:31:03

Onlooker's appeal to perma-doomers as if they are authority continues apace.


"contesting obvious realities"

continues apace.

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Looking at the year end market response, we may not make it through January before the last prop under this Ponzi economy folds up. $500 billion in pseudo money doesn't go as far as it used to go, and there is a mountain of debt pushing this bubble down. Dropping an anvil of more debt onto it isn't going to help.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby rockdoc123 » Tue 31 Dec 2019, 12:08:54

The market is down 2 days in a row? Is the FED on vacation, or are they running out of bullets?


this statement basically summarizes the stupidity of the doomers here who are forever reaching for each and every little tidbit of information that they can spin as being negative. From November 26 to Dec 3 the market dropped and then rose continuously 4% to Dec 27th. But according to them this two day drop is different, even though absolutely nothing has changed in the economy or market in that period of time.
There are literally tens of cases of the market dropping over a few days only to recover to new heights this year alone. At what point do these idiots actually realize how dumb this looks to pretty much everyone (except the others with double-digit IQs)?
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Outcast_Searcher » Tue 31 Dec 2019, 12:47:45

rockdoc123 wrote:
The market is down 2 days in a row? Is the FED on vacation, or are they running out of bullets?


this statement basically summarizes the stupidity of the doomers here who are forever reaching for each and every little tidbit of information that they can spin as being negative. From November 26 to Dec 3 the market dropped and then rose continuously 4% to Dec 27th. But according to them this two day drop is different, even though absolutely nothing has changed in the economy or market in that period of time.
There are literally tens of cases of the market dropping over a few days only to recover to new heights this year alone. At what point do these idiots actually realize how dumb this looks to pretty much everyone (except the others with double-digit IQs)?

Given the obvious lack of a learning, curve, um, forever?

BTW, assuming the average IQ is still roughly 100 (looking at the first world, that's still ballpark), you're insulting a huge proportion of the population there. My mom used to use "room temperature IQ" for that designation, and given the usual suspects' behavior, that seems about right.
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. 12

Unread postby Outcast_Searcher » Tue 31 Dec 2019, 12:56:37

shortonoil wrote:BAU is continuing along exactly like it has been for the last few decades: mountains of exploding debt, contracting manufacturing, and shrinking world trade. BAU is the best example there is of our failing economy, and an economy that is dying of energy starvation.

The market is down 2 days in a row? Is the FED on vacation, or are they running out of bullets? For 2020 the central banks will need to create $9.78 in new debt to generate an additional dollar in GDP. This isn't going to work out very well.

Get a life. You're an abject failure re ANY economic commentary, as usual.

You want to back up how global trade is falling?

https://www.wto.org/english/news_e/pres19_e/pr837_e.htm

Hint: Like global GDP, it's rising rather persistently over time. Another hint: a recent slowing in the rate doesn't mean it's falling.

Plus trade has many benefits which clowns like you miss amongst all the assumptions (not backed by meaningful data) of instadoom.

https://ourworldindata.org/trade-and-globalization

...

As usual your claims are nonsensical. Now you're not even bothering to back your BS with ANY citations, much less good ones.

Absurdity knowing no bounds isn't working out well for you, short or long term.
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. 12

Unread postby marmico » Tue 31 Dec 2019, 14:29:17

For 2020 the central banks will need to create $9.78 in new debt to generate an additional dollar in GDP.


When it comes to numeracy, you are an effing moron. The global nonfinancial debt to GDP ratio in 2018 was 226% and it will be marginally higher in 2019.

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https://blogs.imf.org/2019/12/17/new-da ... y-numbers/
Last edited by marmico on Tue 31 Dec 2019, 15:01:42, edited 1 time in total.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Yoshua » Tue 31 Dec 2019, 14:53:25

The last decade belongs to China's coal production...and GDP.

https://upload.wikimedia.org/wikipedia/ ... uction.png

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

Unread postby shortonoil » Tue 31 Dec 2019, 15:35:29

Year-End Repo "Crisis" Ends With A Whimper Amid Massive Liquidity Glut
https://www.zerohedge.com/markets/year- ... idity-glut

The shocking thing is how fast cash can disappear from the market. Now you see it, now you don't.

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

Unread postby Armageddon » Tue 31 Dec 2019, 16:53:14

Rate Cuts in 2019...
Fed: -75 bps
ECB: -10 bps
Denmark: -10 bps
Australia: -75 bps
Brazil: -200 bps
Russia: -150 bps
India: -135 bps
China: -16 bps
South Korea: -50 bps
Mexico: -100 bps
Indonesia: -100 bps
Philippines: -75 bps
Thailand: -50 bps
Chile: -100 bps
Turkey: -1200 bps


More coming in 2020
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby sparky » Tue 31 Dec 2019, 20:20:05

.
There is little doubt a financial crash will happen in the near future
that's a normal , crash are the natural consequence of growth
the only question is not "how bad can it get " of course it will be really bad , that's what crashes are

the real question is ........can it break the international financial structure beyond repair
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 31 Dec 2019, 20:45:50

Consumer Confidence Disappoints As Hope Fades

https://www.zerohedge.com/economics/con ... hope-fades


I don’t think our cornies in here are going to like 2020 very well by the way things are shaping up.
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Re: Stock Market Crash! (merged) Pt. 12

Unread postby Armageddon » Tue 31 Dec 2019, 22:42:34

A Major Bank Admits QE4 Has Started, And That Stocks Are Rising Because Of The Fed's Soaring Balance Sheet


What’s next, they going to tell us water is wet?
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