Team Macro Man can't believe that the US administration will take the economy over the fiscal cliff. However we can see some investors going over it.
Here is a documentary about investors and the fiscal cliff.
Here is a documentary about investors and the fiscal cliff.
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ReplyDickheads or Lemmings..whatever
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ReplyThat Lemming video was dubbed the Disney "snuff" film. The crew ACTUALLY threw the lemmings off the cliff to their deaths.
ReplyMore on the fake video that started the myth that lemmings follow themselves to their demise
http://www.snopes.com/disney/films/lemmings.asp
Scharfy that is a truely awesome piece of knowledge.. and fascinating in its own right. Bravo, and you are hereby selected to captain the tmm pub quiz team.
ReplyI wonder if the analogy of forcefully destroying financial institutions and citing the result as evidence of their stupidity and dreadful management could be applied to other media manipulators?
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ReplyC says,
ReplyPut that COT data together with what I posted awhile back re the amount of cash sidelined earning neg returns,and you have astory of a market that still can't put fear to bed regardless of what sentiment surveys say the contrary.
Remains underinvested in terms of any bubbly market I can ever recall.
Think Mutt R would have had a better chance of election if he had run with the slogan vote
" Money R US". I couldn't resist the anagram play.
"The hand behind the Lemmings" was a bit shocking don't you think it should be cannonized somehow here?
ReplyLB, although Romney promises austerity to get the infamous deficit under control, do you think he means it? I definitely think there will be austerity...in a sector... but not without an equal amount or more spending in another area.
think a better metric relative to non-commercials would be the cftc Traders in Financial Futures asset manager sub-index.
Replythis shows largest 10yr net SHORT dating to 2007.
Austerity will be a tough sell at the moment for anyone who is elected. Prevailing wisdom suggests that they will try to do some long-dated work on the budget and leave the immediate budget more or less alone while the US economy is in such a vulnerable state. Even the mild austerity budgets of the UK Coalition government sent the British economy back into recession.
ReplyRomney plans austerity for one sector. It's the hatchet for Kermit, Bill Maher, Big Bird, Thomas the Tank Engine and other well-known pinkos.
Team Macro Man can't believe that the US administration will take the economy over the fiscal cliff. -- Never underestimate the sheet stupidity of the political class...
Replyalt inv - yeah fair point
Replyand thanks LB
Replythanks for share dude :D
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