OVER FED

 yo!.. crazy like a wolf.. innit!

love this..

trouble is..

will the fed deliver..

or will normal service be resumed..

THE FIRST LAW OF BUBBLES

when you find yourself in one....

STOP BLOWING.. 

 

  

here in palookaville..

all bets are off..

 

WAITING FOR THE MAN 

rumour has it that..

the stock market will crash again..

some day soon..

and one day the rumour may be true..

but fucked if we know when..

THE MAN WHO FIXED THE WORLD SERIES

has fixed the news..

has fixed the market..

has fixed inflation..

has fixed the plunge..

has fixed the rates,

has fixed the junk,

 

ALL THE ASSET LESSONS

 

have been prepared..

but not learned..

a false sense of securities..

is the only sense in town..

 

STRIKING IT RICH

 

here in palookaville..

we are short..

but we are not happy..

we long to be long..

 

we long to belong..

 

but we are short..

man we was lonely..

could have been rich..

at least on paper..

could have used that paper to buy stuff..

 

CAUGHT SHORT

read the disclaimer.. 

this is not advice..

advice is cheap..

but seldom timely..

 

COME THE DAY

 when securities..

are fully insecure..

we may well be long..

and yet still be wrong..

 

PETEY SAYS

jus my own opinions..

an all fo fun.. innit!

y'all be careful out there..

https://realinvestmentadvice.com/technically-speaking-if-everyone-sees-it-is-it-still-a-bubble/ 

 

 

 

 

THE EYE OF THE STORM

yo!.. they think it's all over... innit? 

here in palookaville..

folks alla watchin a msm...

but it ain't news..

itta distraction..

it's called hazing..

get an keep yo attention..

wiv daft stuff..

lak trump an bollox lak at..

FAT LADY NOT SINGIN YET

Virus Growth Uncontrolled

On November 2st the U.S. had a 44% increase in daily COVID-19 to 93,581. The chart below indicates the second wave of infections did not decline to the first wave low. Thus, experts forecast a third winter wave peak of cases will be higher than the second spring wave peak...

Economic Activity Contracts

Unemployment Rises

Personal Income Falls

Consumers Miss Rent and Home Mortgage Payments

Rent and Mortgage Moratoriums Fail

Consumers Use Credit Cards To Make Payments

Small Business Landlords Default on Mortgages

Home Owners Default on Mortgages

Consumer Spending Dives

..For investors, this is the time to prepare for a possible severe economic storm coming this winter. Scott Minerd, Global CIO at Guggenheim, observes that we have a pause now giving us time to prepare for an economic whirlwind:

“the relative calm  we feel in the markets right now isn’t the end of the storm, it is just the eye, it may seem like there is no storm at all…yet the worst is yet to come.”

check out the full article..

and this..

https://slopeofhope.com/2020/11/pfuck-pfizer.html

an don't forget..

this is all just my own opinions..

based upon articles from the www..

so don't go doin stuff..

this is all just fo fun...

read the disclaimer..

and this comment from mish's site..

12 hrs

Here are the daily case:death numbers for November (USA)

so far, 

from worldometer..

Nov 1 Su 71,321:399

Nov 2 M 88,905:522

Nov 3 T 94,463:1199

Nov 4 W 108,352:1200

Nov 5 Th 118,204:1125

Nov 6 F 132,540:1248

Nov 7 Sa 127,894:1035

Nov 8 Su 109,659:544

Nov 9 M 127,316:641

Nov 10 T 135,653:1346

Nov 11 W 142,808:1478

Nov 12 Th 151,033:1090 (so far today)

The trend of new cases is exploding in the US. One only has to compare numbers to a week earlier. Every single day this week the case numbers increased by over 30k compared to 7 days earlier. Hospitalizations are increasing several thousand per day as well. If hospitals fill up like they did during the first wave, the US is going to see some ugly death numbers again.

Trump is still in charge until inauguration day. What is he doing about it? Tweeting, golfing, having tantrums, and firing people.

Worst President ever.

Realist

GRAB THE GAMES BY THE TROPHY

yo!.. going for gold... innit!

in palookaville..

the virus games.. 

are going well..

some of the coaches..

are getting over exited..

Trump says US topping world virus cases is 'badge of honour'

 

The US has 1.5 million coronavirus cases and nearly 92,000 deaths, 

according to Johns Hopkins University.

In second place is Russia..

with nearly 300,000 confirmed cases.

 

COMING UP

what do we get if we win?

re-start the hyper bole..

the man in the white house mask..

IF YOU INVEST IT, HE WILL COME

yo!.. when you're broke don't fix it... innit!

in palookaville..

they've fixed the market..

they've fixed it so good..

it's not a market anymore..

it's the world series of fixes..

SHOELESS JEROME POWELL

has fixed the world series..

by buying everything..

the balance sheet is out of the ball park..

the fed has bought..

all the farms in iowa..

all the corny has been removed..

and a baseball diamond..

complete with bleachers..

has been erectioned..

Shoeless Joe Jackson:
Getting thrown out of baseball was like having part of me amputated. 

 I'd wake up at night with the smell of the ball park in my nose..

the cool of the grass on my feet... 

The thrill of the grass.

SLOPE OF HOPE

tim knight

It’s plain to see the tug-of-war going on between FACTS (when the market plunges) and FANTASY (the counter-trend rallies, fueled by trillions of dollars from the Fed).

What’s of interest, as you can surely gather from what I’ve drawn, is how each totally fake and fraudulent rally has fewer and fewer participants.  

Lower highs, every single time.

This is a broad, sweeping verdict about the nature of these bogus rallies. 

That traitorous bastard Powell is able to create headline prints..

which make the public think that things are peachy, 

but under the surface, it is slowly rotting out.

IT'S WORSE THAN THAT

"I've got some real estate here in my bag"
So we bought a pack of cigarettes and Mrs. Wagner pies
And walked off to look for America

Shoeless Joe Jackson:
I used to love traveling on the trains from town to town. 

The hotels... brass spittoons in the lobbies, brass beds in the rooms. 

It was the crowd, rising to their feet when the ball was hit deep. 

Shoot, I'd play for nothing!

Shoeless Joe Jackson:

Man, I did love this game.

I'd have played for food money.

It was the game...

The sounds, the smells.

Did you ever hold a ball or a glove to your face?

Dr. Archibald "Moonlight" Graham:
Well, you know I... I never got to bat in the major leagues. 

I would have liked to have had that chance. 

Just once. 

To stare down a big league pitcher. 

To stare him down, and just as he goes into his windup, wink. 

Make him think you know something he doesn't. 

That's what I wish for. 

Annie Kinsella:

Who's for Eva Braun here?

Who wants to burn books?

Who wants to spit on the Constitution of the United States of America, anybody?

Now who's for the Bill of Rights?

Who thinks that freedom is a pretty darn good thing?

Who thinks that we have to stand up to the kind of censorship that they had under Stalin?

WAITING FOR THE END OF THE WORLD

yo!.. vaccine ready yet?.. innit!

in palookaville..

two gamblers..

are desperately..

waiting for alpha..

WHAT ARE THEIR NAMES

an on which streets do they live?

bull an bear..

the flowerpot men..

wall street an lombard st..

IT STARTED ON YANCY STREET

“You have a sense of humour..

I am in favor of jokes..

They have political value..

Jokes are a release for the cowardly and the impotent.”

 The Comedians 

In our call of the day..

former Goldman Sachs hedge-fund manager Raoul Pal..

said the dollar was the world’s “biggest problem” 

and that the signal to sell equities was coming soon.

He said the narrative that the Fed printing money..

would causes a dollar collapse was “very wrong.”

The chief executive of Global Macro Investor..

who predicted the 2008 financial crisis..

“You see the biggest problem the world faces is the dollar..

We are in a viscous doom loop..

where slowing growth causes the dollar to rise..

which causes slower growth..

which causes the dollar to rise..

as all borrowers play musical chairs..

to get access to the dollar to service debts..

“Dollar swap lines, QE, jawboning, etc. 

have done nothing to stop this,” 

..he added in a post on Twitter..

He said no printing of money 

— by the Federal Reserve — 

would solve what he described as a “structural” problem..

 “All attempts to create more money..

to solve the dollar standard issue tend to devalue all fiat versus gold..

Gold is rallying on debt deflation probabilities.”

“My guess is that the next debt deflation signal..

will come when bonds begin to price in negative interest rates..

That day is coming soon... 

and that will be the signal to sell equities..

and the insolvency phase will begin.”

FIXING THE WORLD SERIES

 "'Meyer Wolfsheim? No, he's a gambler..

' Gatsby hesitated, then added coolly: 

'He's the man who fixed the World's Series back in 1919'. "

The 1919 World Series..

was between the Chicago White Sox (Black Sox) and the Cincinnati Reds..

The book and what really happened in history are similar..

because the World Series was fixed in 1919 by gamblers!

“The tears of the world are a constant quantity..

For each one who begins to weep somewhere else another stops. 

The same is true of the laugh.”

Samuel Beckett,  

Waiting for Godot
 

  SEEKING ALPHA 

KennethY

Comments315 | + Follow

 

The Fed has rigged the stock market!

How come no one seems to understand this basic concept? 

Every time you pull the slot machine, it is raining taxpayer dollars! 

 The Fed is printing infinity dollars until the stock market goes up. 

No amount of logic, reasoning or common sense..

can possibly stop the Fed's fix in the game.

The Fed wants the market to go up. 

 It will go up. 

They will print as many dollars as it takes until it goes up. 

The Fed cannot lose.

Anyone who doesn't understand this simple concept is just sheep...

Peter Cooper

Contributor

Comments1208 | + Follow
 

Warren Buffett is deafeningly silent. 

 But with his market value indicator now..

at 131% of GDP when 50-70% is 'fair value' 

the Sage of Omaha is wise to sit on his hands. 

The next decade may be his finest...

mostly bullish

PREMIUM

Comments1 | + Follow

 

I do not like this article, 

by July 4th many medical tests will be completed..

and doctors will know how to treat the virus, 

by September we will know we have a vaccine that works. 

 I look ahead and so does the market. 

Any downturn in the market will be short lived..

and will not reach the March 23rd lows.

mrenviro

Comments4 | + Follow

 

...The only thing holding the market up right now..

 is the word of panic-mode central banks that they have no regard..

for future generations Debt obligations..

and they will do anything and everything..

right here right now to “save the world“. 

What would we do without them...? 

Ultimately it’s another lesson in sticking to a long term diversified investment plan..

I guess..

Who the hell knows...

Nine9

Comments2 | + Follow

 

This is directly in line with my views. 

How strange is it that a remarkable bull rally..

could actually make one feel more shaken than the previous drop? 

But the idea that our entire retirement and livelihood..

is based off of a stock market so disconnected..

from economic fundamentals and reality..

is deeply disturbing to some of us..

with 20+ years left until retirement. 

RUNNING ON EMPTY

information is not knowledge..

knowledge is not wisdom..

he was a nice boy..

he used to cut the grass..

JUST ONE MORE IMAGINARY GUITAR SOLO

I wonder what it's like on the outside now..

a water melon in easter hay..

a little green rosetta..

DON'T GET ON THE BUS

don work for yuda..

with leather

 Samuel Beckett,  

Waiting for Godot

 

“The tears of the world are a constant quantity. 

For each one who begins to weep..

somewhere else another stops. 

The same is true of the laugh.” 

BUT YOU KNOW SOMETHING IS HAPPENING HERE 

...These shirts symbolize extreme luxury and wealth..

but it also foreshadows Daisy's change..

from purity to corruption..

.. It also symbolizes the end of the growth of Gatsby's dream.

 

“Gatsby believed in the green light..

the orgiastic future that year by year recedes before us. 

It eluded us then, but that's no matter..

tomorrow we will run faster, 

stretch out our arms farther.. 

And one fine morning..

 So we beat on, 

boats against the current, 

borne back ceaselessly into the past.”

J.D. Salinger,  

The Catcher in the Rye 

“I'm quite illiterate, but I read a lot. ” 

  

“If you had a million years to do it in, 

you couldn't rub out even half the "Fuck you" signs in the world. 

It's impossible.”

THIS IS NOT A DRILL

yo!.. slick gone sick... innit!

in palookaville..

everybody knows..

when you find yourself..

in a hole..

stop drillin..

NOW HEAR THIS

“There is a backlog and a wall of crude..

that the market just can’t look beyond..

as global storage hubs fill up,"..

“Tankers filled with oil floating in the ocean with no place to go..

and producers cutting but not fast enough..

to overcome the most significant..

demand destruction event in the history of the globe,” 

brought on by efforts to prevent the spread of COVID-19.

“The carnage to oil production will be felt for decades..

 and yet in the short term..

it is all about the current glut of supply,”

 Flynn said.


THIS IS THE CAPTAIN OF YOUR SHIP

This is the captain of your ship, your heart speakin'

we're stuck in a great big slick..

the boat's leakin'

And if you haven't guessed

This is an SOS

If you still want to save her..

you just have to stop your drillin..

You're going to lose a good thing

You got to let it know that you need it
You got to let it know that you get it
You got to let them know that you..

don't need no oil now

You got to let it know that you need oil
You got to let us know that you get it
You got to let us know that you're..

gonna save oil now

This is the captain of your ship, the don calling..

You'd better turn yourself around, an quit stalling
You're running off your course..

You've got your signals crossed..

And now the compass points to lost


You're going to lose a real big thing

coming up..

crude jokes..

brooding chickens.. 

giant : the makeover

THE WORLD ISN'T WORKING

yo!.. a great leveller... innit!

in palookaville today..

a great plague has come..

and sucked away the sea..

and all around were swimming naked..

world leaders..

with their bezzels hanging out..

WORLD VIRUS II

since the last world virus..

we have made it to the moon..

we have put ourselves online..

we have home delivery..

of whatevva..

ARTIFICIAL DUMBNESS

we have created a world equality..

everybody is now equally dumb..

and the virus..

is now available to all..

ALL FOOLS ARE EQUAL

but some are more equal than others..

because of the..

all pervasive..

stupidity..

every continent..

and practically every country..

is in the grip of this thing..

there are some with better scores..

but these are few..

and far between..

DUMB AN DUMBER

it was dumb to let it get out..

and it was even dumber to let it get in.. 

it was dumb to have no plan..

and even dumber to have no kit..

LEADERSHIP : THE SHIP THAT NEVER SAILED

the dumb..

lead by donkeys..

are floundering..

in a sea of sickness..

A NEW WORLD PLAN

is needed..

for it is clear that plan has yet to be formulated..

it's not like it wasn't expected..

it has happened before..

but the new world stupid..

has prevented progress..

ARE ALL WORLD LEADERS DUMB?

well some are definitely..

dumber than others..

but no one will admit..

to their mistakes..

as party loyalty and national pride prevail..

 

IT'S A ONE WORLD VIRUS

with a one world solution..

but not a one world approach..

and some will fair worse than others..

PUT AWAY CHILDISH THINGS

all your horses and all your men..

are ineffective here..

CO-OPERATION NOT CONTAMINATION

make a new plan stan..

get off the quay lee..

stay off the bus gus..

don't let the virus free

COMING UP

the road to palookaville..

how AD changed my life..

how much is that virus in the window?..

OIL SHOCKER : update one

yo!.. grapes o rath... innit!

in palookaville today..

SHOCK AN AWE

evva body shock at alla jobs gone..

evva body shock atta drop in pmi..

evva body shock at public debt surge..

it's awsum said boris johnson..

just another patient..

like any ordinary palooka..

BANK OF ENGLAND RAID

computers atta bank..

be raided..

to allow for increased numbers..

those scuzzy bastards..

came the cry from forex traders..

who are pissed at alla currencies fallin at once..

it's lak oil times ..

said one flummoxed trader..

USE OF A.D. IDENTIFIED

artificial dumbness..

is being blamed..

for the failure to prepare..

as thousands of airplanes..

carrying the virus..

from china..

and eventually..

the whole wide world..

were welcomed to heathrow..

where the virus spewed out into the whole economy..

ITTA CLUSTA FUCK

said one treasury minister..

who shall remain blameless..

COCK UP AN LOCK UP

the luckdown is losin..

anna breakin bad..

is gainin ground..

the crowd are gettin restless..

the queen is in the counting house..

counting out the money..

the economy in the dog house..

feelin kinda funny..

I'M SHOCKED THAT YOU'RE SHOCKED


Oil prices fell under severe pressure and went negative..

That could be a magnified version of what..

we’re about to see for the rest of the U.S. economy.  
 Source: CNN
 

BOLLOCKS CALLED

from slope of hope blog -

By Tim Knight - 8 hours ago (23, Apr 2020 6:11:54 PM)

As of this writing at 5:56 p.m. EST on April 23, 2020…
 this lowest price the continuous WTI oil contract..
(ticker symbol /cl, the true front month contract prices only)
has traded during the year 2020 is $6.50..
I will include a screenshot from thinkorswim with this post.
So there you have it.
The truth about “zero” and “negative” oil..
It both did, but really DID NOT happen.
Call it a paradox, an enigma, a rip in the space time continuum..
that even three Starship Enterprises couldn’t fix.

I’ll call it what it really was:
Another blatant episode of misreporting by people who are paid to know better,..

GOOD CALL TIM

now back to the oil shocker..

what did we think would happen?

shudda stopped them airplanes pdq..

took the hit in time..

save nine... 

innit!

COMING UP

clots ta blame..

it's all in the blood pressure..

form a new clan stan..

THE VIRUS ROADSHOW

yo! ... blast from the past... innit!

beautiful, fragrant..

fiona bruce..

hosts the famous palookaville..

antiques show..

this week live from..

the nightingale hospital..

our hostess..

is regaled in the finest bin liners and rags..

only to be expected..

here in palookaville..

FIRST UP

an old virus from the second world war..

the audience loves these old ..

military yarns..

seems like..

100 years ago..

that this old virus..

played it's merry games..

in a very tired post war..

population..

The Spanish flu, also known as the 1918 flu pandemic..

was an unusually deadly influenza pandemic..

Lasting from January 1918 to December 1920..

it infected 500 million people..

about a third of the world's population at the time.^[2]

 The death toll is estimated to have been anywhere from..

17 million to 50 million, and possibly as high as 100 million..

making it one of the deadliest pandemics in human history.^[3]

of course..

things were different then..

they didn't have our..

modern equipment..

excellent ppe..

computer simulations..

virus modelling..

infection tracking..

infection detectives..

ta test an trace..

those poor souls..

carryin the plague..

these days..

with our great leap forwards..

to modern times..

we have the virus..

fully under control..

we know all there is to know..

all about it..

we own this little fucker..

BASIC BETTER BEST

here on..

the antique virus show..

we have experts..

who can tell..

which countries..

are winning the games..

some are best practice economies..

test and trace, formal quarantine, full ppe..

some are simply..

better than others..

you know..

fewer infections, fewer deaths..

less economic damage, less heart ache..

and of course..

some are basic..

and we all know which ones these are..

A PRICE MUST BE IDENTIFIED

for that is the point of the show..

so fiona..

what is the cost of each countries games?

well.. what do the audience think?..

what about you little boy..

" I stuck my finger in the dyke"

great!

and what about you madame?

I think that..

the british and american games are the basic..

the german and new zealand games are better..

an taiwan is the best..

SO FAR SO BAD

here on the antique virus game show..

we like ta go out with a bang..

something really expensive..

that will get the viewers cheering..

and increase the ratings..

 so what is this week's most expensive mistake?

COMING UP

 no big drama..

antiques roadshow removed from air..

all filming cancelled..

a spokes person for the bbc says..

too many happy people..

close together in a public space..

too many smiling faces..

we felt it would only..

depress the viewers..

who are having..

to stay at home and watch..

pictures of the life they used to have..

and can now no longer look forward to..

WORLD LEADERS GET SICK

yo! ...an tired... innit!

here in palookaville...

THE VIRUS GAMES RAGE ON

folks is gettin sick..

they sick of bein cooped up..

sick of bein outta work..

sick of bein..

out of touch..

mostly though..

they sick of losin loved ones..

when ordinary palookas get sick..

they all get sick in the same way..

but team leaders

WORLD LEADERS ALL GET SICK IN THEIR OWN WAY

boris is sick..

he sick with the virus..

donald is sick..

he sick of media criticism..

vladimir is sick..

sick of the fallin oil price..

xi is sick..

sick of bein blamed fo a 

BIG YELLOW VIRUS

some sick thing they have in common..

they sick of not bein able to play..

with they train sets..

with they airplanes..

with they ships..

with they soldiers..

without they parades..

and  they banquets..

they feel small and alone..

and they all sick to death..

of the virus games.. 

WHATS REALLY SICK

is the doctors an nurses and the carers..

bein made ta play..

without the proper kit..

WOULDN'T IT BE NICE

if the team leaders..

could put aside their differences..

and agree a

common playbook..

and co-operate..

to bring these games..

to an end..

IT AIN'T OVER TIL THE FAT VACCINE SINGS

we here in palookaville..

look to our leaders..

to recover..

their sense of humour..

an set about..

sharin out the popcorn..

and all the stuff..

needed for a..

vaccine to be developed..

before the games get..

out of hand..

COMING NEXT

Sing a song of sixpence,
A pocket full of rye..


Four and twenty pangolins
Baked in a pie..

When the pie was opened..

The virus began to sing..

Wasn't that a dainty dish
To set before the king?

The king was in the counting-house..

Counting out his money..

The queen was in the parlor..

Eating bread and honey..

The maid was in the garden..

Hanging out the clothes..

Along came a virus..

And snipped off her nose..

Sing a song of sixpence,
A pocket full of rye..

Four and twenty million..
Baked in a pie..

When the pie was opened..

The dead began to sing..

Wasn't that a dainty dish..

To set before the king?