THE LAST TIME WE WERE HERE.....YOU KNOW THIS IS GOING TO END BADLY....

The Last Time The Dow Was Here...

by Tyler Durden


"Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else."

Dow Jones Industrial Average: Then 14164.5; Now 14164.5

Regular Gas Price: Then $2.75; Now $3.73

GDP Growth: Then +2.5%; Now +1.6%

Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million

Americans On Food Stamps: Then 26.9 million; Now 47.69 million

Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion

US Debt as a Percentage of GDP: Then ~38%; Now 74.2%

US Deficit (LTM): Then $97 billion; Now $975.6 billion

Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion

US Household Debt: Then $13.5 trillion; Now 12.87 trillion

Labor Force Particpation Rate: Then 65.8%; Now 63.6%

Consumer Confidence: Then 99.5; Now 69.6

S&P Rating of the US: Then AAA; Now AA+

VIX: Then 17.5%; Now 14%

10 Year Treasury Yield: Then 4.64%; Now 1.89%

EURUSD: Then 1.4145; Now 1.3050

Gold: Then $748; Now $1583

NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

TICK, TICK, TICK...........

http://www.zerohedge.com/news/2013-0...e-dow-was-here

$253.5B—Obama Borrowed Nearly 6x as Much in February as Sequester Cuts All Year

Dow Jones Industrial Average: Then 14164.5; Now 14164.5

* Regular Gas Price: Then $2.75; Now $3.73

* GDP Growth: Then +2.5%; Now +1.6%

* Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million

* Americans On Food Stamps: Then 26.9 million; Now 47.69 million

* Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion

* US Debt as a Percentage of GDP: Then ~38%; Now 74.2%

* US Deficit (LTM): Then $97 billion; Now $975.6 billion

* Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion

* US Household Debt: Then $13.5 trillion; Now 12.87 trillion

* Labor Force Particpation Rate: Then 65.8%; Now 63.6%

* Consumer Confidence: Then 99.5; Now 69.6

* S&P Rating of the US: Then AAA; Now AA+

* VIX: Then 17.5%; Now 14%

* 10 Year Treasury Yield: Then 4.64%; Now 1.89%

* EURUSD: Then 1.4145; Now 1.3050

* Gold: Then $748; Now $1583

* NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

Submitted by Tyler Durden

Stone & McCarthy Research Associates: 12/31/2013 The Federal Reserve Will Start Losing Money (Negative Net Interest Margin)

tick, tick, tick...........

The big picture: Past Government policies have only had us in
route, now we are about to arrive.

Their only exit strategy is to keep doing the same things
that brought us here in the first place.

The old (keep doing the same thing and expecting a different result)

Do you believe in magic.

And you guys said I was retarded for buying gold. Hahahahaha

tick, tick, tick........... Originally Posted by Whirlaway

Good to see someone else here is reading zerohedge.

thanks to you..........

Just about everyone else I know in the world of finance and investments checks in on www.zerohedge.com every day. Sure, those guys offer commentary that looks a bit "out there" and edgy to some, but in my opinion they're spot on far more often than not. They first became well known and gained a lot of readers just after the worst of the financial crisis about four years ago. And they also do more than just about anyone to expose banking industry shenanigans. The site is also fun to read and offers touches of humor.

And for those who still cling to a neo-Keynesian worldview, it will offer you some food for thought. I always encourage people to read plenty of stuff they think they'll be inclined to disagree with. Few people learn very much if all they do is seek to have their opinions reinforced.

Yes, the equity markets could continue to climb the proverbial "wall of worry" for a little longer. It just depends on mass sentiment. But I don't know very many investment professionals who think this is remotely sustainable over time, especially given our staggeringly incompetent, dishonest, and irresponsible federal government. We're experiencing "government by gimmickry." Continuing little crises are inevitable, and the probability of a "Black Swan" event of some kind is, in my view, uncomfortably high.

Many high net worth investors today are in a few selected trading positions and eyeing a lot of juicy short opportunities, standing ready to pull the trigger at any time.

Don't you think that ought to tell you something?

You're posting articles by the Fight Club guy?

Pinhead.

The Last Time The Dow Was Here...

by Tyler Durden


"Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else."

Dow Jones Industrial Average: Then 14164.5; Now 14164.5

Regular Gas Price: Then $2.75; Now $3.73

GDP Growth: Then +2.5%; Now +1.6%

Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million

Americans On Food Stamps: Then 26.9 million; Now 47.69 million

Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion

US Debt as a Percentage of GDP: Then ~38%; Now 74.2%

US Deficit (LTM): Then $97 billion; Now $975.6 billion

Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion

US Household Debt: Then $13.5 trillion; Now 12.87 trillion

Labor Force Particpation Rate: Then 65.8%; Now 63.6%

Consumer Confidence: Then 99.5; Now 69.6

S&P Rating of the US: Then AAA; Now AA+

VIX: Then 17.5%; Now 14%

10 Year Treasury Yield: Then 4.64%; Now 1.89%

EURUSD: Then 1.4145; Now 1.3050

Gold: Then $748; Now $1583

NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

TICK, TICK, TICK...........

http://www.zerohedge.com/news/2013-0...e-dow-was-here Originally Posted by Whirlaway

What in Mr. Durden's post was in error ?

You're posting articles by the Fight Club guy?

Pinhead. Originally Posted by timpage

You're posting articles by the Fight Club guy?

Pinhead. Originally Posted by timpage

You really don't have any idea about how things truly are... even when spoon fed the facts.

You two doomsday maroons ought to get a room and sandbag yourselves in.....

And you can stick your spoon up your ass, you fucking weirdo.

And you guys said I was retarded for buying gold. Hahahahaha Originally Posted by LovingKayla

No, we just said you were retarded.

I love the Consumer confidence was at 99 back then....just goes to show how stupid these comparisons are. If you Tea Nuts want to load up on gold and short the market, go right ahead!