As was obviously coming market gearing up for QE infinity continue... I think we're turning Japanese I think we're turning Japanese I really think so.., but the citizens have no savings do do do...
2Y Yields Collapse Most Since 2009 As December Rate-Hike Odds Crater
Submitted by Tyler Durden on 09/17/2015 - 17:18
The probability of a rate-hike in December collapsed from 65% yesterday to just 45% todayafter Yellen's admission that any and everything will keep them on hold as they wait for nirvana to allow interest rates to rise again. This rippled across the Treasury curve and after Tuesaday's record-breaking spike in yields, 2Y yields collapsed 13bps today - the biggest single-day plunge since QE was unleashed in March 2009.
2Y Yields Collapse Most Since 2009 As December Rate-Hike Odds Crater
Submitted by Tyler Durden on 09/17/2015 - 17:18
The probability of a rate-hike in December collapsed from 65% yesterday to just 45% todayafter Yellen's admission that any and everything will keep them on hold as they wait for nirvana to allow interest rates to rise again. This rippled across the Treasury curve and after Tuesaday's record-breaking spike in yields, 2Y yields collapsed 13bps today - the biggest single-day plunge since QE was unleashed in March 2009.As Hussman said it really doesn't matter what they do what's done has been done..
Only ? At this point is once things turn sour do they go back to QE bazooka to prop and keep bubbles bubbling.. Digging and even deeper hole and problem long term.. Or not... Plus it's plainly obvious the deeper you dig the less bang for your buck you get..
fed like your average citizen in America today.. Live for today who cares about tomorrow.. And in many ways that's why we are that way because the fed feeds the beast with easy credit..
Only ? At this point is once things turn sour do they go back to QE bazooka to prop and keep bubbles bubbling.. Digging and even deeper hole and problem long term.. Or not... Plus it's plainly obvious the deeper you dig the less bang for your buck you get..
fed like your average citizen in America today.. Live for today who cares about tomorrow.. And in many ways that's why we are that way because the fed feeds the beast with easy credit..
As usual, we must innovate our way out of this.
Houses gonna be cheap soon Tiz...
http://www.contourcrafting.org/
Houses gonna be cheap soon Tiz...
http://www.contourcrafting.org/
Such dark comedy can't make this shit up.. Futures down nothing short of Yellen QEbazooka gonna save mr market...
----------------
Washington (CNN)Donald Trump came under fire Thursday night for his handling of a question at a town hall about when the U.S. can "get rid" of Muslims, for failing to take issue with that premise and an assertion that President Barack Obama is Muslim.
"We have a problem in this country. It's called Muslims," an unidentified man who spoke at a question-and-answer town hall event in Rochester, New Hampshire asked the mogul. "You know our current president is one. You know he's not even an American."
A seemingly bewildered Trump interrupted the man, chuckling, "We need this question. This is the first question."
"Anyway, we have training camps growing where they want to kill us," the man, wearing a "Trump" T-shirt, continued. "That's my question: When can we get rid of them?"
"We're going to be looking at a lot of different things," Trump replied. "You know, a lot of people are saying that and a lot of people are saying that bad things are happening. We're going to be looking at that and many other things."
The real estate mogul did not correct the questioner about his claims about Obama before moving on to another audience member.
----------------
Washington (CNN)Donald Trump came under fire Thursday night for his handling of a question at a town hall about when the U.S. can "get rid" of Muslims, for failing to take issue with that premise and an assertion that President Barack Obama is Muslim.
"We have a problem in this country. It's called Muslims," an unidentified man who spoke at a question-and-answer town hall event in Rochester, New Hampshire asked the mogul. "You know our current president is one. You know he's not even an American."
A seemingly bewildered Trump interrupted the man, chuckling, "We need this question. This is the first question."
"Anyway, we have training camps growing where they want to kill us," the man, wearing a "Trump" T-shirt, continued. "That's my question: When can we get rid of them?"
"We're going to be looking at a lot of different things," Trump replied. "You know, a lot of people are saying that and a lot of people are saying that bad things are happening. We're going to be looking at that and many other things."
The real estate mogul did not correct the questioner about his claims about Obama before moving on to another audience member.
I know.. Muslims bad kill um all the general gop rallying cry.. Like that guy at the trump rally..
we we too far gone at this point anyway.. One party system/mass media gotten too good at divide and conquer .. Plus the U.S. population overall getting dumber ..
we we too far gone at this point anyway.. One party system/mass media gotten too good at divide and conquer .. Plus the U.S. population overall getting dumber ..
Bottom line until the baby boomers die off any fixing of American political system/moving outside of the one party system
of big government impossible.. very America fuck ya mindset .. us vs them.. Left/right.. Very beat into their heads and most still get majority of news from cable news and just regurgitate what mass media feeds them...
Maybe hope when everything goes to shit and younger generation that has a much more global view has the voting power
a 20yo in us has more in common with 20yo in Iran than a 70 yo in US..
of big government impossible.. very America fuck ya mindset .. us vs them.. Left/right.. Very beat into their heads and most still get majority of news from cable news and just regurgitate what mass media feeds them...
Maybe hope when everything goes to shit and younger generation that has a much more global view has the voting power
a 20yo in us has more in common with 20yo in Iran than a 70 yo in US..
Yeah, Billy Joel said we didn't start the fire.
That's how I feel now.
Idiots had 2 bubbles within an 8 year period basically for the exact same reason. Irrational exuberance at it's finest.
Younger gen "feeling the Bern" though. Hopefully a good libertarian/fiscal conservative/pro-innovation candidate can get through and show them the way.....
That's how I feel now.
Idiots had 2 bubbles within an 8 year period basically for the exact same reason. Irrational exuberance at it's finest.
Younger gen "feeling the Bern" though. Hopefully a good libertarian/fiscal conservative/pro-innovation candidate can get through and show them the way.....
[h=1]A stunning stat about pay seems impossible but actually is true[/h]
Representatives from the United Steel Workers hold a rally at the entrance to the Marathon refinery in Catlettsburg, Ky. Saturday Feb. 7, 2015. (AP Photo/The Independent, Kevin Goldy)
Once upon a time, American men used to get something called a "raise."
That is when your employer would actually pay you more money. Now, it is true that some people still have experience with this all-but-forgotten practice, but even the ones who do tend not to get pay increases that keep up with price increases. That is why, as David Wessel of the Brookings Institution points out, the typical male worker actually saw his after-inflation pay fall between 1973 and 2014.
What is four lost decades between friends?
So why, as you can see below, have median male earnings flatlined over a time when the economy has doubled?
Source: Brookings Institution
Well, it's the inequality, stupid. The tricky thing, though, is that there are two different kinds. There is inequality between workers and owners, and inequality between workers themselves. It is this last one that is the biggest culprit when it comes to why a growing economy has not not meant growing incomes for so many people. The combination of tax cuts for the top, new technologies that have helped high-earners more than anyone else, and globalization moving manufacturing jobs overseas has made growth much more lopsided the last 30 years. A rising tide, in other words, might lift all boats, but not many people can afford a boat anymore.
But, at the same time, inequality between capital and labor has hit a postwar high. The question is whether that is a blip or a beginning. Between the 1970s and 1990s, labor's share of income bounced around in a pretty predictable pattern: up during the booms and down during the busts. But after the tech bubble burst in 2000, it collapsed and didn't recover. The same thing happened after the housing bubble went poof amid a parade of National Association of Realtors ads assuring us that everything was fine. The result of these two kinds of inequality is that workers are not only getting a smaller slice of the income pie, but typical workers are also getting a smaller piece of a smaller slice now that the top 1 percent of workers are gobbling up so much.
Households, though, have been able to cover this up by having women enter the workforce and then getting raises. Well, at least they used to be able to do that. The problem now is that women's labor force participation has actually been declining since the Great Recession hit, and their wages have plateaued over that time as well. That's left households without any more escape valves to deal with the fact that men's earnings haven't gone up, in inflation-adjusted terms, for 40 years. It's no surprise, then, that middle class households are worse off now than they were 16 years ago.
At this rate, the middle class might not be partying like it's 1999 by even 2039.
Once upon a time, American men used to get something called a "raise."
That is when your employer would actually pay you more money. Now, it is true that some people still have experience with this all-but-forgotten practice, but even the ones who do tend not to get pay increases that keep up with price increases. That is why, as David Wessel of the Brookings Institution points out, the typical male worker actually saw his after-inflation pay fall between 1973 and 2014.
What is four lost decades between friends?
So why, as you can see below, have median male earnings flatlined over a time when the economy has doubled?
Well, it's the inequality, stupid. The tricky thing, though, is that there are two different kinds. There is inequality between workers and owners, and inequality between workers themselves. It is this last one that is the biggest culprit when it comes to why a growing economy has not not meant growing incomes for so many people. The combination of tax cuts for the top, new technologies that have helped high-earners more than anyone else, and globalization moving manufacturing jobs overseas has made growth much more lopsided the last 30 years. A rising tide, in other words, might lift all boats, but not many people can afford a boat anymore.
But, at the same time, inequality between capital and labor has hit a postwar high. The question is whether that is a blip or a beginning. Between the 1970s and 1990s, labor's share of income bounced around in a pretty predictable pattern: up during the booms and down during the busts. But after the tech bubble burst in 2000, it collapsed and didn't recover. The same thing happened after the housing bubble went poof amid a parade of National Association of Realtors ads assuring us that everything was fine. The result of these two kinds of inequality is that workers are not only getting a smaller slice of the income pie, but typical workers are also getting a smaller piece of a smaller slice now that the top 1 percent of workers are gobbling up so much.
Households, though, have been able to cover this up by having women enter the workforce and then getting raises. Well, at least they used to be able to do that. The problem now is that women's labor force participation has actually been declining since the Great Recession hit, and their wages have plateaued over that time as well. That's left households without any more escape valves to deal with the fact that men's earnings haven't gone up, in inflation-adjusted terms, for 40 years. It's no surprise, then, that middle class households are worse off now than they were 16 years ago.
At this rate, the middle class might not be partying like it's 1999 by even 2039.
Stress of the mess Ben left yellen starting to get to her.. Had trouble during speech on Thursday.. Probably not a good idea to have a 69 yo (oldest ever) in this position.. Especially the way things are now with lots of stress/activities etc.. I always wonder what drives these people is it the power? Prestige? Feeling of self importance? Seems totally not worth it but what do I know..
Running for POTUS at that age seems even more bizarre. That is a GRIND. Say what you will about Trump (and I have) but his energy for 69 is amazing. Hilary, Biden, I dunno how these people keep going and want to endure everything that politics is just for a chance to be President.
Who knows if she even has any idea how delicate the system has become.
