Tuesday, July 1, 2014

There is Nothing to Fear But the Lack of Fear

"Many investors are convinced little can upset markets as long as central banks are willing to pump money into the financial system."

I don't want to participate in their $elf-$erving delusions supported by a mouthpiece media, folks.

"Some investors fear a lack of fear" by Bernard Condon | Associated Press   June 25, 2014

NEW YORK — Is the lack of fear on Wall Street something to fear?

Always gotta fear something, and aside from not giving a $hit about the 1% losing a bundle because that is the only time there is concern in my pre$$, I'm all feared out. 

All the fake issues, frauds, outright lies, contrived crises, staged and scripted hoaxes, never-ending agenda-pushing, $elf-centered narcissism, selective $upremacism, and all the rest has just exhausted me.

Sunni extremists are inching closer to Baghdad. A housing bubble in China is deflating. Russia had massed troops near Ukraine again.

What did I just say?

In a world suddenly more dangerous, you’d think fund managers and traders would be selling and buying and selling again in a frenzy of second-guessing. Instead, they’re the picture of calm.

The thing I have to fear the most is my own government.

Federal Reserve Chair Janet Yellen told investors the US economic recovery was on track, and things got really dull.

Meaning it is still shoveling money up to the ultra-elite and $crewing the rest of us.

*********

The calm may not last: The lack of fear is spooking some people.

So fear in any case, just to be on the $afe $ide.

‘‘It’s quiet out there,’’ says Robert Buckland, chief global stock strategist at Citigroup. ‘‘Eerily quiet.’’

As with weather, the theory goes, so with markets: Calm often precedes storms. Investors get cocky, take on too much risk, and prices collapse.

The weather theory to explain ma$$ fraud and corruption!! 

"With summer in full swing, it might be hard to remember the brutal winter. But the cold damaged the economy with snow blanketing winter weather.... 

No, not hard to remember at all, and when is summer getting here?!

The unemployment rate has fallen to 6.3 percent, a five-year low, from 10 percent in October 2009. But much of the drop has occurred because many people have given up on their job searches. The percentage of Americans working or looking for work has reached a 35-year low....

The beginning of the year was not just bad for the US economy: It was, on paper at least, the worst quarter since the last recession ended five years ago. What makes the sharply negative number all the more stunning is that it didn’t feel like an economic contraction at all in the first quarter, but the combination of terrible winter weather and the rough winter threw a wrench in many categories of business activity, But yet, many analysts foresee the economy rebounding, expanding at a healthy rate of around 3 percent in the second half of this year..... 

Sick of the mixed me$$ages and lame a$$ excuses yet?

The figures came a day after the government said the economy shrank at a 2.9 percent annual rate in the first three months of the year. The low level of applications indicates employers haven’t been rattled by the first quarter’s dismal showing, which many economists have partly blamed on bad weather. The unemployment rate remained 6.3 percent in May, the lowest in over five years. Other data also suggest the economy has recovered from the first quarter. Factory output is rising, auto sales have reached a nine-year high, and businesses are ordering more equipment. Most analysts forecast the economy will expand at a 3.5 percent annual rate or higher in the April-June quarter.....

This after they told us back when it was only a 0.1 percent contraction. May have even called it growth. 

Point is, the lie, lie, lie!

So far, steady confidence hasn’t translated into more spending. Consumer spending rose just 0.2 percent in May after a flat reading in April. Weaker spending suggests growth won’t rebound as strongly as many economists had hoped. Some marked down their forecasts for growth in the second quarter, to roughly 2.5 percent from 3 percent. Still, there were other positive signs in the University of Michigan’s report.... 

Look at those predictions fluctuate, huh? Up, down!

An organization representing the world’s main central banks warned Sunday that dangerous new asset bubbles are forming, even before the global economy has finished recovering from the last round of financial excess. 

So basically the five years of alleged recovery benefited no one but those at the top through the printing of money, period.

Investors, desperate to earn returns when official interest rates are at or near record lows, have been driving up the prices of stocks and other assets with little regard for the risks, the Bank for International Settlements in Basel, Switzerland, said in its annual report, published Sunday. Recovery from the financial crisis that began in 2007 could take several more years, Jaime Caruana, general manager of the BIS, said at the organization’s annual meeting in Basel on Sunday. 

Meaning there NEVER WAS A RECOVERY for 99% of us.

The BIS provides financial services to national central banks and acts as a setting where central bankers can discuss monetary policy and other issues like financial stability and bank regulation. The board of directors includes Janet L. Yellen, chairwoman of the Federal Reserve; Mario Draghi, president of the European Central Bank; and the heads of central banks from Japan, China, India, and other countries. The organization, which reflects a widespread view among central bankers that they are bearing more than their share of the burden of fixing the global economy, often uses its annual reports to send a message to political leaders, commercial bankers, and investors. 

Pardon my French, but these fuckers are absolutely beyond the limit! 

The RECORD PROFITS they have made the LAST FIVE YEARS and they are SCREAMING BURDENS when THEY ARE THE ONES that BROKE the GLOBAL ECONOMY with their mortgage-backed securities and other $windles, only to get BAILED OUT to the tune of TRILLIONS by the U.S. taxpayers -- with bonuses included!!!

No wonder most people in the world want to hang $hit-kicking globalist bankers these days!

Yet investors show no sign of being deterred.... 

We know why, pre$$. 

There is a disappointing element of déjà vu in all this

Happens every morning I start reading a pos Globe.

Sorry for huffing and puffing so hard. Hope I didn't scare you little pigs.

Most professional investors and economists don’t appear worried that the lack of worry is leading to reckless bets, not yet anyway. Yellen, for one, says there’s little evidence of trouble brewing. But a few dissenting voices see trouble aplenty.

When they do "worry" it will be too late -- and that is exactly the purpo$e of the whole $cheme!

Investors are borrowing money more than ever to buy stocks. Sales of ‘‘junk’’ bonds from the riskiest companies are at a record. Some investors are so heedless now that they’re willing to accept rock-bottom interest payments to lend to risky countries.

Because they know their $lavi$h public $ervants will pony up taxpayer loot before they are lynched.

Spain, struggling to collect taxes from a population facing 26 percent unemployment, is paying just 1.3 percent to borrow money for five years, less than the United States pays. 

How did Spain do in the World Cup™?

Says Michael Lewitt, founder of Credit Strategist Group: ‘‘No one is afraid of anything.’’

David Levy, chairman of the Jerome Levy Forecasting Center, blames ‘‘fear fatigue.’’

I have it, but a different $train.

Investors have faced down lots of trouble over the years, from a European debt crisis to a pair of near defaults by the US government. None of these crises has kept stocks down for long.

‘‘It’s hard to be scared all the time,’’ Levy says. But, he adds, ‘‘The more sectarian violence, the more countries fighting civil wars, the greater the potential for something going wrong.’’

And yet the government keeps trying to apply that shopworn formula to gin up the public for whatever agenda they are promoting at a given time.

Another reason for calm is central banks.

Yeah, the GREAT SAVIORS and STABILIZERS of the WORLD! 

Honestly, readers, I'm $ick of the new$paper $erving as nothing more than a sphincter-licking mouthpiece for banks.

From Tokyo to Washington and London, they’ve kept short-term borrowing rates they control low and bought trillions of dollars worth of bonds to push down long-term rates, too. Many investors are convinced little can upset markets as long as central banks are willing to pump money into the financial system.

Buckland notes that periods of calm don’t always presage turmoil. In 1995, for instance, the fear index was also low. The S&P 500 ended that year up 38 percent, including dividends.

If you don’t find comfort in that, there’s a way of betting the calm will break: Buy a stake in the clumsily named VelocityShares Daily Long VIX Short-Term ETN, which tracks the fear index. The price of the fund will rise as people get worried.

But you better hope for nothing short of Armageddon. Despite all the chaos in the world this year, the fund has dropped 32 percent.

Why even bring that up? What's in the works, agenda-pu$hing pos?

--more--" 

I do fear some sort of false flag soon, but not really because the curtain has been raised on that sort of stuff. We are expecting a false flag, and thus am not fearing it. No one in the world is going to buy the lies anymore, and the sheeple are not something on which you can base world domination. 

I fear it will be over soon for the money addicts, folks. Their heads will be separated from their bodies as Armageddon turns to Apocalypse. 

See you on the other side, beloved readers.