Recent

% | $
Quotes you view appear here for quick access.

JPMorgan Chase & Co. Message Board

sky_walker618 120 posts  |  Last Activity: Apr 17, 2015 2:13 PM Member since: Jan 27, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • sky_walker618 sky_walker618 Apr 17, 2015 2:13 PM Flag

    All these beautiful economic theories are working as long as we are in the expansion phase of a multi-decade credit cycle. When we reached the implosion phase of the credit cycle, all these theories will lose their magic.

    According to Bill Gross and Ray Dalio, we have reached the "saturation point" of a credit cycle. It is like a rubber band stretching to its limit: it can only contract to preserve its integrity. No matter what Federal Reserve does next, the inevitable will have to come, as dictated by the law of physics.

  • sky_walker618 sky_walker618 Apr 17, 2015 1:44 PM Flag

    Minsk II deal appears to have failed. Why? What are the incentives for Russia to push for WW3?

  • sky_walker618 sky_walker618 Apr 17, 2015 1:42 PM Flag

    Bill Gross was highly successful over long period of time. He sees truth clearly and he speaks truth as he sees them, in his Investment Outlook.

    He probably has realized long time ago that the Wall Street game is "make believe".

  • sky_walker618 sky_walker618 Apr 17, 2015 11:13 AM Flag

    The Minsk II deal appeared to have failed. It is quite obvious now that US does not want the conflict in Ukraine to stop and would likely use it as a stating ground to provoke WW3.
    It is reassuring to hear from Mr. Putin directly in his four-hour long Live Q&A on Thursday that he see no WW3. Then who would have to be the next Hitler? The head of ISIL? :-))

  • Reply to

    Western Country Hold-outs From AIIB

    by edbanks999 Apr 17, 2015 9:16 AM
    sky_walker618 sky_walker618 Apr 17, 2015 10:04 AM Flag

    The AIIB is more a symbol. It symbolize to the people all over the world that the era of "Bretton Weeds System" is going to end. It might take a few decades, but the trend has been set.

  • sky_walker618 sky_walker618 Apr 17, 2015 10:00 AM Flag

    Four days later, one mail man landed on the West Lawn of Capital Hill in his Gyrocopter.

    What is coming next? Billions of butterflies swamp Capitol Hill?? :-))

    By the way, can anybody tell me where I can purchase the "thin Prosthetic finger" for Apple Watch Gold??

  • sky_walker618 sky_walker618 Apr 17, 2015 9:56 AM Flag

    Bill Gross was the founder of PIMCO. He was forced out because he does not following the rhetoric of Federal Reserve. He has called Federal Reserve bluff on hiking the fed fund rate many times during the past two years.

    Because PIMCO manages a few trillion dollars of client asset, and Wall Street could not tolerate somebody tells the truth as he sees it.

    I think that he lost his mind by believing that he could do all that and would still remain in PIMCO.

  • US might see "deep recession" within two years, as warned by financial industry titans Bill Gross and Ray Dalio. It will be inevitable no matter what Federal Reserve does next as the implosion phase of multi-decade credit cycle sets in, dictated by the inherent kinetic mechanism of the financial economic system.

    Ruling elite in UK/US wants to provoke Russian into WW3, in part to shift blame of the impending slow-motion collapse of its financial economic system. ( The collapse could be sudden if the unregulated financial derivative market crashes.)
    70% of US economy is consumer spending: spending on goods and services. The former is quite straightforward. The latter includes medical spending, legal spending, financial services, tax services etc. That is probably why 50% marriage end up in divorce; the federal tax code has hundreds of thousands of pages; the colonoscopy, among numerous other medical services, is recommended every two years; there are various saving account schemes to encourage savers to invest in stock markets , etc...
    The high cost of Universal Healthcare program plus making tens of millions of undocumented immigrants eligible for generous federal and state social welfare programs helped a lot to boost GDP growth in the short-term. ( I have to envy the Elites' great ability in piece-meal growth engineering. But I wonder what is in the pipeline after all the tricks are running out.)
    According to FT report recently that Germany has issued five-year bond with negative interest. People tend to forget that the foundation of the modern finance is built on the "time value of the money" and capital being a scarce resource. The negative interest rate indicates the beginning of the unraveling of the modern financial economic system. Such trend, if protracted, will lead to profound social changes.
    So they are just waiting for Russia to have the first shot. If not, then false flag operation might be perpetrated to crash the stock market and start the WW3.

  • sky_walker618 sky_walker618 Apr 16, 2015 11:45 AM Flag

    US might experience "deep recession" within two years, as indirectly warned by financial industry titans such as Bill Gross and Ray Dalio.
    Since the ruling could not tell the truth: the financial economic system resembles a PONZI scheme and will inevitably collapse. Then they need to start the WW3 and blame the resulted suffering on the losers of the war.

  • and ECB Chairman Mr. Draghi was visibly shaken.

    Manifesto of the ECB Protestor
    "
    We own our own lives --
    and in the face of the overwhelmingly powerful external
    environment of the ECB's monetary police,
    sometimes it's hard to remember.
    We own our own lives --
    and they're not the chips in the ECB's gambling game,
    not to be played with, not to be sold, not to be devastated.
    We own our own lives!
    - will be the outcry of those who face repression,
    when we begin to see our poverty not as personal defeat
    or unchangeable destiny.
    ...
    ...
    Today I'm just a butterfly sending you a sentence, but be afraid more are coming.
    We will take back the power over our own lives.
    The ECB's debt is not yet paid.
    "
    One of the take-away from this Manifesto is that the financial and economic difficulties that millions of people are suffering should no longer be considered as their personal failture. In part, it is the failure of the system. This system is like a gigantic beast that roam around the land with "creative destruction" in the name of profit maximization. Now it has realized that the END is near as the kinectic mechanism of multi-decade credit cycle sets in.

    Many of us do not realize there are so many fellow citizens are suffering economically and financially, It is only because the reported economic numbers are in aggregate. If the stock market mints ten new millionaires, then their gain could obscure the economic suffering of thousands of average people.

  • "
    We own our own lives --
    and in the face of the overwhelmingly powerful external
    environment of the ECB's monetary police,
    sometimes it's hard to remember.
    We own our own lives --
    and they're not the chips in the ECB's gambling game,
    not to be played with, not to be sold, not to be devastated.
    We own our own lives!
    - will be the outcry of those who face repression,
    when we begin to see our poverty not as personal defeat
    or unchangeable destiny.
    ...
    ...
    Today I'm just a butterfly sending you a sentence, but be afraid more are coming.
    We will take back the power over our own lives.
    The ECB's debt is not yet paid.
    "

    I guess one can always replace the ECB with "Federal Reserve" to make it more relevant here in US.

  • sky_walker618 sky_walker618 Apr 15, 2015 2:15 PM Flag

    It looks like that the market would deliver the 10% jump in stock indices so that Federal Reserve can have enough excuses to hike the rate later this year. It is obvious a quid-pro-quo market.

    I just wonder what would happen after up trend in stock reverses? The END??

  • sky_walker618 sky_walker618 Apr 15, 2015 12:05 PM Flag

    If Mr. Draghi had following his script closely, then he should have said something like: ECB's bond buyback program will promote growth in the EU zone, and higher growth will lead to more job opportunities for young youth graduates.

    But after he was scared by the "attack", his mind apparently resorted to his real thought -- it is hard to pump up growth using monetary policies and the only way to achieve the "social economic justice" for the youth workers is to let everybody work less and therefore get more people employed.

    Such policy probably has been under secret discussion at the highest level. They need to make a decision before the "deep recession" as the result of the implosion phase of credit cycle sets in.

  • sky_walker618 sky_walker618 Apr 15, 2015 9:18 AM Flag

    The guy was reportedly carry a suitcase, kind like a carry-on luggage. So I think that he is out-of-towner and got to DC by bus, train, or air.

  • sky_walker618 sky_walker618 Apr 15, 2015 9:15 AM Flag

    According to the new report today, the fast food workers in US decided to hold a nation wise strike to protest the low wages.

    These jobs used to be taken by high school kids or undocumented workers. Now many previously middle-class people have been forced into such job. Hence they demand living wages and benefits.

    The society as a whole seems to have ignored such tremendous suffering, as the reported economic numbers reflect the health of the economy at aggregate level, not by population segments. Whether this system will recognize the "social responsibility" inherent in the "pursing for profit and dominance at all cost" policy will determine whether this financial economic system will last.

  • sky_walker618 sky_walker618 Apr 15, 2015 9:09 AM Flag

    In 2007, most on the Wall Street argued that we would not see a national wide housing market crash in US because there was never one in the past. You know how that worked out.

    Sure, the stock market has been up in general over the past two hundred years. But will such trend continue. Unless you have the data from the past one thousand year or even longer, you will not know for sure.

    Check out the following cycle:
    Possible "scientific proof" of 15 thousand-year human civilization cycle:
    Search two videos on youtube:
    "The helical model - our solar system is a vortex"
    "The helical model - our Galaxy is a vortex "
    Every 14 thousand years, the entire Solar system penetrate the Galactic Plane of Milkyway Galaxy once. As the force field gradients are denser at the Galactic Plane, so the Sun and all the planets will be affected.
    Maybe that is why the recorded history of our civilization does not go back to 15 thousand years. Maybe "global extinction events" happen more often than we previously believed.

  • sky_walker618 sky_walker618 Apr 14, 2015 5:55 PM Flag

    If you do not believe the stock market can go up forever, then you know that when it crashes, the big time of reckoning will come.

  • sky_walker618 sky_walker618 Apr 14, 2015 2:13 PM Flag

    The former chairman of Federal Reserve Alan Greenspan called such phenomena of wide spread of social suffering as "Creative Destruction".

    In one of his testimony before the Congress, he proclaimed that the "Creative Destruction" is good for the economy, but he also admitted that there was indeed destruction involved. For those who are the receivers of the "destruction" side of these policies, the pain is 100%.

    But the economic indicators are measured in aggregate. As long as somebody's gain is more than you pain, at aggregate level, the economic number will register a positive trend. Over time, that becomes the policy objective: to make sure at aggregate level, the total happiness enjoyed outweighs the total pain suffered. What a joke??

  • sky_walker618 sky_walker618 Apr 14, 2015 11:43 AM Flag

    Have you ever thought that our organic "carbon and H2O" body is only designed to live on this planet, not for inter-stellar travel?
    The "Manned Moon Landing" fraud made us believe that we can safely travel outside of the Earth orbit. The recent "Oneway Trip to Mars" could be another hoax, if indeed our bodies do not allow us to survive the space travel given the current level of technology.

  • sky_walker618 sky_walker618 Apr 14, 2015 11:37 AM Flag

    If the "easy money" fueled recovery is so wonderful, then why there are still many people who are suffering from financial stress.

    As we all know, the stock market will not jump up forever, the day of reckoning will come.

JPM
62.84-0.97(-1.52%)Apr 17 4:00 PMEDT