Producer profits aside__it means that across the globe consumers r going to rcv the equivalent of a tax cut that idiot politicos are not providing. It also means that selected utilities can slow down conversions to nat gas.
Both of these are huge__esp the first leading in2 the critical heating seasons and the airlines holiday travel season. The transports have bn put on a huge Ebola scare sale here!!!
Approx a yr and a half ago you claimed rising commoditiy prices wre a dooms day indication. Of course as allways u were full of brown stuff. I posted accurately CRB index__u used an obvious amatuer/idiot pricing of a non exchange traded entity__ a Jewel grocery store pricing of an ear of sweet corn. Recently you posted watching an ETF 'CORN''__I am not sjure if I have run in2 an amatuer idiot, such as, urself. Maybe in a short and beer type of bar__trying to impress other drunks with his erroneous obsevations!!!
Absolutely not__2day was a long awaited asset allocation adjustment opp. Hopefully a retest will provide another one. We will be pushing in2 new index HIs in the 1st qtr of 015 (unless an extraneous event). Corporate and esp banking balance sheets have seldom bn in a better position.
U r a naysayer that has bn predicting crashes for at least 2 yrs and a 4 to 4.5% 10 yr for almost as long.
This mkt bull will not end w/o (an extraneous event) until the Nasdaq and Dax have tested their alltime HIs.
That is a better guarantee than ur claimed 100% prob of a 2014 Valentines Day crash.
Again it is way past time for u herehear with all ur chumps ID and m/b a hundred flame ones to exit this board and let it return to the days when actual facts where posted and earnest discussions ensued!!
What an frigging amateur to reference an ETF made up of 3 future contracts instead of the actual futures. Apparently you do even know how ETFs create investment units. That is almost as stupid as when you referenced the price of an ear of sweet corn.
but u do not deal in facts but nut bag made up 3s.
After ur post about the FED moving in 1% increments referencing back to 3 decades (1984)__I posted the facts on 9/27 that from the central banks published data back to 1954 there had not been even ONE 1% adjustment.
Unfortunately u r nothing but a blow hard idiot.
You are such an uneducated buffoon__u do not even realize it is 'principal' not principle. Yet, u have the nerve to claim and accounting and economic knowledge. Let see, u think sweet corn is a tradeable commodity that can be used as indicator for commodity pricing (wrong), you thought Russia has Treasury bonds (wrong) and you posted trading prices of Europeon Treasuries (that also do not exist) at an approx 6:30 pm Central time (as current price trending) when the Europe mkts had bn closed for over 6 hours.
Get off the board and stick ur head back where it is most comfortable__looking at that brown stink!
There has bn much talking heads discussion (media) and discussion on msg boards about being in ‘un-chartered waters’ with recent years FED actions. QE (buying long dated securities while pegging the short end) is actually very similar to FED monetary policy during the Kennedy administration. It also is not unprecedented for the FED to buy private securities. Those that partake in these discussion(s) have little historical knowledge of ‘Central Banking’ policies.
What is unprecedented is the oligopoly like coordination amongst Central Banks. After all; even during the ‘Depression’ era our Central Bank (which was initially modeled after) ‘Adam Smith(s) Central Bank visualization__and adaption__was a relatively new monetary influence.
Now think__much of Europe(s) Central Banks (Nazi fascism and tank rolling) were out of the monetary policy business of currency exchange markets. If you want to read a good historical perspective of past and recent (12 to 15 years ago) Central Bank policy interventions versus real world influence(s)__read ‘Jim Rogers (LEGENDARY)’ “Investment Biker” and his two follow up books.
While QE is not unprecedented the ‘Michael coined oligopoly’ is. The ?(s) going forward is whether the oligopoly can unwind (restrict their own monetary bases) in concert!!
"American Apparel Inc. (APP) backer Standard General LP is close to buying Lion Capital LLP’s $10 million loan to the retailer, avoiding a potential default, according to three people familiar with the situation."
I do not know the specifics__but maybe SG has done this b4.
First of all these postings are nothing but herehear having a posting conversation with his self via selected ids from his long list of aliases.
Secondly you, as usual, are full of brown stuff. If you go to the ‘New York Federal Reserve’, website__you can view a table of Discount Rate and Fed Funds rates. Your mentioned three decades would be back to 1984. There is not even one rate adjustment of +1%. There are a few Discount rate adjustments of +1 in the late 70’s with the last one in 1980.
Third the ‘Fed Funds’ rate is not a set rate but a target the FOMC attempts to achieve via ‘Open Market Operations’. If you go to the FEDs website__you can download an Excel spreadsheet with data (monthly if you choose) that tabulates back to 7/1954 the ‘Effective Fed Funds’ rate. A correlation and covariance can be calculated between the FED Funds target and Effective to determine historically how successful the FED has been in achieving the target. There has never (back to 1954) been an effective increase of +1%.
Fourth again, since you are within the Jewel shopping area; you can get to the CBOT, CBOE, and UIC. I invite you again to take classes from our prestigious curriculum choices. Maybe then you can post thoughts based on factual and academic based analysis instead of churning out others garbage, such as, Harry S. Dent!
Since this weeks 'Barron(s)' mentions that exact possibility in their article__I would assume it would be legal.
you can't__you would have to wait until +GMT13 and 12 markets open and would have to have internationally linked account to those exchanges.
My gosh with you that makes two of us who visit this board with a fundamental understanding of how financial markets work.
What is inverse is where you have your head at__don't you get tired of the dark brown and the smell?
You are an a financial and economic IDIOT!!
For you to even use a reference to 'professional' in one of ur posts border(s) on insanity.
Are you still using the 'local price of an ear of sweet corn for forecasting ur idiot projections of commodities?
There is threshold limit for how much UBIT income you can receive in IRA. If you surpass it your trustee will charge for having to file and you will have to take a distribution to pay the IRS. If you are under 59.5 that distribution invoke early withdrawal penalties.