In 2008 the margin calls led the way, if there were enough at the beginning of the day to outstrip long trades, the most probable self fulfilling usually occurred, until it ran out of nothing much left to sell for the accounts to be good, or the worst are mostly liquidated. https://t.co/AIskWyPoqX— Abner Doon (@Aenbrnood) February 5, 2018
The current bubble has surpassed the https://t.co/5oZR3ym75m bubble as a percentage of Gross Domestic Product pic.twitter.com/tgXo3FzQPS— Abner Doon (@Aenbrnood) January 13, 2018
"nearly 20% of people who have purchased BitCoin have done so using their credit cards— Abner Doon (@Aenbrnood) January 13, 2018
"22.13 percent of Bitcoin investors did not pay off their credit card balance after purchasing Bitcoin.— Abner Doon (@Aenbrnood) January 13, 2018
"Considering the average annual percentage rate (APR) on a credit card is 15.07 percent, a Bitcoin investor that finances their investment at the wrong time will find themselves in serious debt.— Abner Doon (@Aenbrnood) January 13, 2018
— Eric Pomboy (@epomboy) January 11, 2018
Broke, But Full Of Hope - Is This The Scariest Chart In The World? https://t.co/57YngFT527— zerohedge (@zerohedge) January 12, 2018
Largest 1 day percentage rise in VIX in history. #StockMarketCrash pic.twitter.com/AyuiZPbM17— Stalingrad & Poorski (@Stalingrad_Poor) February 5, 2018
The two most difficult things at the stock market are to accept a loss and not to realize a small profit.— Trading Proverbs (@tradingproverbs) February 5, 2018
- Andre Kostolany pic.twitter.com/ZuOlmTLnuL
Next time someone tells you that the market is short term oversold, gently remind them that the market is long term grossly overbought.— Michael Lebowitz (@michaellebowitz) February 5, 2018
Here is an update on my comparison of the DJIA and Bitcoin price patterns. The DJIA was following BTC with an 8-week lag. Either the correlation is broken, or the DJIA has accelerated to decrease the lag time. My bet is on the former. pic.twitter.com/JHfdwtKgoh— Tom McClellan (@McClellanOsc) February 5, 2018
Data is chaotic now but key numbers show $VXX IV value at +96.10 % for the day and $SVXY IV down -96.67%. It's likely $XIV & $SVXY terminated. If so their final values will be set by what value the futures were when they closed out their position. Likely at least down 80%.— Vance Harwood (@6_Figure_Invest) February 5, 2018
"the unwind of the biggest aggregate short volatility position the market [has] ever known— Abner Doon (@Aenbrnood) February 5, 2018
For the first time in the past 70 years the federal deficit is widening during a peacetime economic expansion https://t.co/OXMbfwLNPV pic.twitter.com/qu3FjPoc4E— Jesse Felder (@jessefelder) January 30, 2018
Tax overhaul will have a limited effect on U.S. economy, Moody’s says— Sven Henrich (@NorthmanTrader) January 29, 2018
Companies are more likely to reward shareholders than invest in growth, and the tax cut for the rich will not trickle down, ratings agency forecastshttps://t.co/TcNk9A6T3m
Here's one for all you curve inversion junkies, flagged by Citi 2Y forward 2s5s curve inverted for the first time since 2000 pic.twitter.com/yGbzD2vpg5— LongConvexity (@LONGCONVEXITY) January 27, 2018
Some haunting math from the GDP number. The savings rate fell from 3.3% to 2.6%. If it had stayed the same, real PCE would have been 0.8% (annualized) instead of 3.8% and GDP would have been 0.6% instead of 2.6%.— David Rosenberg (@EconguyRosie) January 26, 2018
Venezuela's annual inflation rate for today, 1/24/18, is 6605%. This is a new all-time high. pic.twitter.com/7Z6HQgs2eK— Prof. Steve Hanke (@steve_hanke) January 24, 2018
US banks suffer 20% jump in credit card losses https://t.co/J6M22jpvKq ht @Steen_Jakobsen pic.twitter.com/nAOLOrBFKB— Jesse Felder (@jessefelder) January 22, 2018
Look who's doing their own thing... pic.twitter.com/8xd3xS0H1W— Eric Pomboy (@epomboy) January 20, 2018
See where this line meets this line? That's why poor people should starve. pic.twitter.com/SYl3r3m8zV— A Small Chinese Man (@TheYologator) April 19, 2017
Soon they’ll have us paying for the air we breathe... pic.twitter.com/qnPWG2KxbE— TrutherUFO (@TrutherUfo) January 17, 2018
X #Goldman NY #Fed chief Bill Dudley FT: Federal Reserve should raise it's inflation target from 1-2% up to 4% Its Fake Economic Statistics. We have hyperinflation in #Stocks, #Bonds & #Property Dudley's #Fed should share #NewYorkTimes #PaulKrugman #FakeNewsAwards2018 #ENDTHEFED pic.twitter.com/vEClykmpUB— Planet Ponzi (@PlanetPonzi) January 18, 2018
Inside @GeneralElectric's $31 billion pension nightmare. $GE's pension shortfall exploded under Immelt & is now $11B more than any other S&P 500 company:https://t.co/apsXkKswlm pic.twitter.com/pTdt9mTp5S— Matt Egan (@MattEganCNN) January 18, 2018
Frozen Beijing and Shanghai property markets are a sign that the China credit bubble is bursting https://t.co/EbdreyQY1X pic.twitter.com/zWFoqRr9St— Kevin C. Smith (@crescatkevin) January 18, 2018
Investors Intelligence bulls now up to 66.7%, highest since April 1986. The very highest readings (if this is one) do not always coincide with final price tops. pic.twitter.com/QNmKpjKvaJ— Tom McClellan (@McClellanOsc) January 17, 2018
Early buyers of bitcoin were well-educated techies, & savvy upper-middle class who could take losses. Late buyers were everyday people using home equity and life's savings. So, the bitcoin "use case" is rich stealing from poor. Oldest story around. pic.twitter.com/AtyeojDPvt— Jim Rickards (@JamesGRickards) January 17, 2018
$2 billion to zero in one day...investors will be walking that one off for a few days... pic.twitter.com/CicHLmP2mm— Dave Collum (@DavidBCollum) January 17, 2018
I will definitely save this headline and use it for presentations in the near future... pic.twitter.com/eG9FOWjhjl— Ronnie Stoeferle,CMT (@RonStoeferle) January 16, 2018
Too often with U.S. mainstream news. pic.twitter.com/fYLpJjqbK5— Michael Louis (@mLouieGoodog) January 14, 2018
"There is no bubble. There is no recession. And with core inflation a mere 2.1 percent over the past twelve months, the Fed can declare victory and go home." - Larry Kudlow, May 2007 https://t.co/i0xoFWKv93 pic.twitter.com/8OZhWq0Xym— Rudolf E. Havenstein (@RudyHavenstein) January 15, 2018
‘$21 billion in leveraged long US equity ETFs is an all time high, and represents a breakout from a habit of ranging seen over the past almost 10 years.’ https://t.co/xnSJvXpznR via @topdowncharts pic.twitter.com/0QA6DgI6Wl— Jesse Felder (@jessefelder) January 15, 2018
Post crisis, our world was united— Limerick King (@TheLimerickKing) January 15, 2018
The Bankers were hated & blighted
But MSM news
Has altered our views
And Bankers are simply delighted
Our politics Bankers control
To hide all the wealth that they stole
They govern each side
Their plan: to divide
It's how all kleptocracies roll
Success consists of going from failure to failure without loss of enthusiasm.— CrankyPappy🥃 (@CrankyPappy) January 15, 2018
~ Winston Churchill pic.twitter.com/QjJhPBFeGw
over valued— Abner Doon (@Aenbrnood) January 14, 2018
Total stock market margin debt is currently at all-time highs...— Alex Deluce 🌀 (@AlexDeluce) January 14, 2018
(Margin debt is a measure of how much money investors and traders are borrowing from their brokers to invest in financial markets) pic.twitter.com/ZZxe0OCgM2
In case you missed it: Dow Jones closed above 25k for first time, notching the fastest 1,000-point gain in its history driven by record margin debt. pic.twitter.com/gMMx39WqSj— Holger Zschaepitz (@Schuldensuehner) January 5, 2018
"The percentage of families with more debt than savings is higher now than at any point since 1962, while the median American family’s net worth is lower than it’s been in nearly a quarter-century.— Abner Doon (@Aenbrnood) January 14, 2018
Deutsche Bank economist Torsten Slok
2017 looks like 2006, only worse... pic.twitter.com/b2gp0SE09n— Abner Doon (@Aenbrnood) January 13, 2018
What would happen if the world's three largest central banks shoved more than $13 billion into the world's financial markets over 10 years? Now we know. pic.twitter.com/RdoEa79xFX— Abner Doon (@Aenbrnood) January 13, 2018
"our highly financialized economy is gamed to enrich those who run it, at the expense of everybody else.— Abner Doon (@Aenbrnood) January 13, 2018
Most everything put together by humans sooner or later falls apart.— Abner Doon (@Aenbrnood) January 13, 2018
Entropy
Sometimes the law defends plunder and participates in it. Sometimes the law places the whole apparatus of judges, police, prisons and gendarmes at the service of the plunderers, and treats the victim -- when he defends himself -- as a criminal. - Frederic Bastiat— Abner Doon (@Aenbrnood) January 13, 2018
"the typical response to crooked elites seizing all money and power is to launch a violent revolt that empowers another small group who said all the right things during their crusade, but then act as viciously and unethically as those they replaced once in power— Abner Doon (@Aenbrnood) January 13, 2018
"making massively-levered, speculative bets on bubbly assets pretty much always works out well...just ask home flippers from 2007.— Abner Doon (@Aenbrnood) January 13, 2018
The last time sentiment was this lopsided, the fallout caused Greenspan to invent the Fed Put (chart courtesy Ed Yardeni) pic.twitter.com/yI2eoA2A72— Not Jim Cramer (@Not_Jim_Cramer) January 11, 2018
Feels like the beginning of 2000 after the Fed stepped in to keep the world safe from Y2K, trailed by the little people thinking there was marginal risk who rode the markets into the ground pic.twitter.com/DXzB9DmuFE— Abner Doon (@Aenbrnood) January 7, 2018
— Abner Doon (@Aenbrnood) January 4, 2018
"Self-education is, I firmly believe, the only kind of education there is."--Isaac Asimov, born OTD 1920. pic.twitter.com/obFKN3eJwT— Brian Greene (@bgreene) January 2, 2018
