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Stocks, id be mixing a strange brew of arsenic and scotch and sipping it. No, i like my data to be mixed. That used pool data that confronts us every day, because the more mixed the data, the higher the averages. The dow climbing 78 points. Allnew records. Nasdaq advancing. It was weaker than forecast. The jobless claims, they came out. Stronger than forecast. Consumer Sentiment Survey that shows Consumer Confidence is high. Weve got a bloomberg report that came out that shows its at a fivemonth low. Philly and the empire state say good gains in manufacturing. But among the weakest of leading indicators. Thats what i call mixed. Why do i like mixed . Because the market likes mixed. Looking at the dow jones industrial, still one more alltime high today. Why is this mixed state of macro data such a pleasing cocktail to the bulls even as it can be a tonic, a toxic one, to ....
Brew of arsenic and cheap scotch and sipping it on my dirty linoleum floor. No, i like my data to be mixed. That huge pool of data that confronts us every day, because the more mixed the data, the higher the averages. The dow climbing 78 points. Allnew records. Nasdaq advancing. The index was weaker than forecast. The jobless claims, they came out. Stronger than forecast. Consumer Sentiment Survey that shows Consumer Confidence is high. Weve got a bloomberg report that came out that shows its at a fivemonth low. Philly and the empire state say good gains in manufacturing. But orders are among the weakest of leading indicators. Thats what i call mixed. Why do i like mixed . Because the market likes mixed. Looking at the dow jones industrial, still one more alltime high today. Why is this mixed state of macro data such a pleasing cocktail to the bulls, even as it can be ....
you don t want me to do something and i m not going to do it. i don t want to get too caught up in fedspeak to describe exactly what ben bernanke did today. some say it s qe-3. others say it s a continuation of operation twist. billions in mortgage bonds to be bought by the fed, pretty much guaranteeing low rates for anyone who wants to do anything with borrowed money including buy, build, or fix up a house. not the way i play it. to me it s important to visualize what bernanke s doing. hence this ridiculous celebrity get-up. because i am a celebrity. you see, bernanke s been trying to get this economy hot enough to spur hiring and send unemployment down for ages. and so far he s had no luck whatsoever. what he needs to do now is light a fire under this economy. and these grills represent the stages of frustration of the fed chief. you see, he started with the kingsfords. but what did he do? initially he used some very weak lighter fluid. like rate-cutting, modest bond ....
s&p flying 1.63% and the nasdaq vaulting 1.33%. you don t want me to do something and i m not going to do it. i don t want to get too caught up in fedspeak to describe exactly what ben bernanke did today. some say it s qe-3. others say it s a continuation of operation twist. billions in mortgage bonds to be bought by the fed, pretty much guaranteeing low rates for anyone who wants to do anything with borrowed money including buy, build, or fix up a house. not the way i play it. to me it s important to visualize what bernanke s doing. hence this ridiculous celebrity get-up. because i am a celebrity. you see, bernanke s been trying to get this economy hot enough to spur hiring and send unemployment down for ages. and so far he s had no luck whatsoever. what he needs to do now is light a fire under this economy. and these grills represent the stages of frustration of the fed chief. you see, he started with the kingsfords. but what did he do? initially he used some very wea ....
s&p flying 1.63% and the nasdaq vaulting 1.33%. you don t want me to do something and i m not going to do it. i don t want to get too caught up in fedspeak to describe exactly what ben bernanke did today. some say it s qe-3. others say it s a continuation of operation twist. billions in mortgage bonds to be bought by the fed, pretty much guaranteeing low rates for anyone who wants to do anything with borrowed money including buy, build, or fix up a house. not the way i play it. to me it s important to visualize what bernanke s doing. hence this ridiculous celebrity get-up. because i am a celebrity. you see, bernanke s been trying to get this economy hot enough to spur hiring and send unemployment down for ages. and so far he s had no luck whatsoever. what he needs to do now is light a fire under this economy. and these grills represent the stages of frustration of the fed chief. you see, he started with the kingsfords. but what did he do? initially he used some very wea ....