BlogHide Resteemsthereverendfyf (32)in reality • 5 years agoThe Migrant Failure of Americathereverendfyf (32)in central • 5 years agoAccounting Shenanigans"Future"thereverendfyf (32)in credit • 5 years agoCLOsTo wit, in 2018 earnings, nearly a third of companies in the study sample missed EBITDA projections by 50% or more, two years after coming to market. It's only going to get worse in the global…thereverendfyf (32)in credit • 5 years agoDebt already implodingI am more and more convinced the Debt Markets are about to blow up. It will start with a small wobble. what the hell does he mean wobble. look at the bullshit ipo implosion. look at the credit…thereverendfyf (32)in trade • 5 years agoTHIS JUST IN: US trade representatives delusional - imagine calls from China and tariff delays from China - while losing currency war EQUITIES DROPOn a broad trade-weighted basis, the dollar has never been stronger against the rest of the world's fiat currencies. Mericuh is not just losing the trade war, it's losing the currency war. And…thereverendfyf (32)in trade • 5 years agoChicago PMI shows inflationPrices paid rose at a faster pace, signaling inflation for manufacturing inputs With employment falling and production still falling. Looks like China's winning the trade war. So everything is…thereverendfyf (32)in economic • 5 years agoThe 2s/10s curve is now inverted!And everyone is worrying about a recession. But have no fear, because you're already fucked! There is no upcoming recession, you haven't left the one since 2008 for what would constitute a…thereverendfyf (32)in trade • 5 years agoPPT/mouthflapping/short-covering day still can't break key resistance levelsWhat we learned today: machines still can't fucking read, and bid up equities when the "delay tariffs" news hit China winning in the trade war as some tariffs postponed sends machines on buying.…thereverendfyf (32)in economic • 5 years agoCNBC Anchor: "Equity markets have picked up a bit, now down just 430 points" BAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHow could this little bit of market wisdom not bring joy to everyone? CNBC Anchor: "Equity markets have picked up a bit, now down just 430 points" Bagholder On CNBC: "...we don't want to sell…thereverendfyf (32)in economic • 5 years agoThe fed's definitely getting their market crashBut on the bright side, the rate cut hopefuls will get a one hundet basis point cutthereverendfyf (32)in economic • 5 years agoIf everyone took physical delivery, gold would easily be $10,000 per ozEspecially when central banks are now buying itthereverendfyf (32)in trade • 5 years agoFor as long as those tariffs are in place, everyone knows where the yuan is goingYou should probably start hedging the panicthereverendfyf (32)in economic • 5 years agoVICTORY IN THE JESUS!So there's the paradox: while RV sales are crashing according to makers of RVs, the Bureau of Economic Analysis (i.e., the US government), used this very data set to represent that the US consumer…thereverendfyf (32)in economic • 5 years agoToday's market close: PPT couldn't stop equities from dropping!Even PPT couldn't stop the Dow from going into the red as people take the exit Today was another ridiculous one, especially the panic bid in the last hour (absent headlines) to get The Dow into…thereverendfyf (32)in truckpocalypse • 5 years agoMore truckingpocalypse as the US economy implodes!Schneider closes North Carolina terminal. No loads. No jobs. Remember that the next time you tell someone to be a truck driver. BAAAAAAAAAAAAAAAAAHAHAHAHAthereverendfyf (32)in economic • 5 years agomore entertainment industry VICTORY IN THE JESUS!The Reverr rennnndddddd says FUCK YOU.thereverendfyf (32)in retailpocalypse • 5 years agoWalgreens won't have to replace the ceiling tile on 200 stores. VICTORY IN THE JESUS!BAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHA You mean leftist bullshit couldn't keep all those stores open? AAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAthereverendfyf (32)in machines • 5 years agoCorporate buybacks set off the machinesThis one might be a good one to file under dumb shit machines do: Apparently, the talking heads are attributing it to China "stabilizing" the peg. Which it isn't doing, it's just incrementally…thereverendfyf (32)in economic • 5 years agoand back to PPT unchanged! who would've thoughtToday's price discovery destroyers market action: In the US, markets were mixed with Nasdaq best as desperate panic bids appeared to lift stocks back to unch (and to top the farce off a…thereverendfyf (32)in trade • 5 years agoPPT-induced short-covering is not the "resilience of markets"PPT intervention today as the rest of the world is still in sell-off mode, because who needs price discovery anyway? After Europe closed, the short-squeeze in US stocks began... and…