Saturday, May 16, 2015
Post 4900: a bit of Saturday news
Ooh! Post #4900! The time just flies away, as do my readers the more I swear at and insult them!
I wonder what post #5000 will be! The long-awaited Mila Kunis interview? The long-awaited Daniela Cambone's husband interview? Or just some animated gifs of hilarious kittens?
New Deal Demoncrat - weekly indicators, and they all suck. He's blaming the sucking of the indicators on the strong dollar, which is sorta a pantywaist excuse, isn't it? But it should all get better now that the dollar has found its new equilibrium. Now let's just see if the S&P breaks out to a new record high on the back of this dismal data, NDD!
WSJ RTE - fading optimism on rebound. Well, if there's not going to be any growth or inflation, I guess you can bet on the first rate hike not coming til 2016, right? Now, again, let's just see if the S&P breaks out to a new record high on the back of this dismal outlook! Boy won't you all be so fucking embarrassed at this crap you pass off as market commentary!
Bespoke - the rarest outcome of all is a mid-single-digit year. They don't happen. Yet again it's up to Bespoke to inject some realism into the childish market debate.
Mining.com - Jojo asks, are precious metals breaking out? He thinks the charts are still crappy, but I get the feeling he's no longer expecting more crap to come. Hey Jojo! Going double-long the GDX seems like a good long-term trade right now, no?