patrick.net

Logan Mohtashami says

Prices are up slight compared to Disposable Incomes

An improving situation?

What about "capita disposable income of people who don't have a house"?

Heraclitusstudent says

What about "capita disposable income of people who don't have a house"?

big difference between owners and renter incomes

A lot low educated low skilled Americans are 2nd wage earners

Logan Mohtashami says

Love it.
This is proof wages have been increasing, not declining as some on Patnet insinuate.
Quit complaining.

nice charts!

saw this this morning - https://aeon.co/essays/what-if-jobs-are-not-the-solution-but-the-problem

Market is overvalued.

Be patient! Stay invested if you want.

But no new money should enter the market now.

Hoard cash and wait for your oportuninty. It will come.

Ironworker says

Be patient! Stay invested if you want.

But no new money should enter the market now.

Invest every month, ignore economic cycles, recessions are gift from the gods, slow and steady wins the race.

The real issue is creating a financial back drop to where you could add $ in every month ... forced savings from homes and stocks

Whistle!!

Ok there was a ton about video games which I didn't find super relevant, but all the references to the death of reason, murdered by a SJW with "feelings" and a quest for the perfect safe space was close. IMHO there's also a component on immigration, fear of radical Islamist being brought in by elitists, and collusion of all media to cover the fact that politics hasn't been for the people in decades.

We were helplessly fucked in the ass until Trump came down the escalator on June 16th 2015.
I'll never forget that date, that was America's ReIndependence day.

Democracy now, still doesn't think June 16 was significant. They report that the most significant news worthy event on that day.
Was Presidential hopeful Jeb Bush was inconvenienced by activists.

https://www.democracynow.org/2015/6/16/headlines

Jeb Bush Campaign Kickoff Interrupted by Immigrant Rights Activists

the activist was probably this Idiot.

Rachel Dolezal Resigns as Head of Spokane NAACP, Appears on Today Show.

You Liberals were so miserably ill informed from the very get go, right out of the gate. Stop second guessing and start reading why Ya'll failed.
The evidence is not on Huffingtonpost or on CNN.

So the alt-right started to defend video games?

I suspect that the alt right brand is going to suffer the same degradation from misuse, both accidental and deliberate, as all other political brands have. The word feminist was poisoned in the 1970s by misandrists who had nothing to do with the real fight for equal rights in the early 20th century. Liberalism is under constant attack by people trying to poison that word by associating it with leftist ideology and political correctness that are the polar opposite of liberalism. Black lives matter originally meant that we must stop the killing of innocent, nonthreatening blacks simply because there is no concern for those lives. It was deliberately misconstrued by racists as saying "only black lives matter", which is such a gross misinterpretation that it must be deliberate. And then black thugs used the term as an excuse to riot, putting the nail in its coffin.

The problem with political and social terms is that their coiners must aggressively defend these terms from misuse or they become nothing more than meaningless and inconsistent labels. The founders of movements need to own their self-coined terms and put their definitions in writing on an official platform that is specific, explicit, and clear so that it cannot be hijacked by other parties. Vagueness invites misconstruing.

http://knowyourmeme.com/memes/normie

A derivative of the English adjective normal, the term normie first came into colloquial usage in the context of mental health-related discussions sometime in the mid-to-late 1990s, with its earliest known mention dating back to April 1996 on the personal website of James L.

My taste must be too refined. I have no idea who any of these people are, except Milo Y..

I miss the Internet being dominated by cats. There was never a problem back then.

I think people should stop blaming Emacs for Trump winning.

(Escape Meta ALT Control Shift)

I wonder if the alt-right will manage to do the impossible: To reverse 40 years of "liberal" being made a dirty word by the right-wingers.

I find this whole explanation of the "alt-right" quite interesting. There is definitely a truth that the alt-right contain many people who care about FREEDOM, and therefore are LIBERAL.

Now, whether electing Trump to get said freedom is going to work, is another story entirely.

I love laci green...

S&P 500: All-time High
Dow: All-time High
Russell 2000: All-time High
MidCap 400: All-time High

Ironworker says

But no new money should enter the market now.

it did today...

"The Demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots"
~ H. L. Mencken

#USA

Logan Mohtashami says

d nobody will ever bring back those horrible loans ever again.

you sure?

SubOink says

you sure?

100% positive, banned from legal protection, you would need congressional approval to take that off

zzyzzx says

Wisconsin's recount, which started last week, has increased Trump's margin of victory over Clinton thus far.

hahahahahaha!!!!!!!!!!!!!!!

All that botox means Melanoma can barely get suction on Trumpligula's micro penis. How the heck is she going to impress anybody with that?

Nancy Reagan was one of a kind and her greatness will never be equaled.

well thats good haha...

Logan Mohtashami says

"The Demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots"

~ H. L. Mencken

#USA

I think people like Peter Schiff are not lying - I think they believe their own BS

SubOink says

- I think they believe their own BS

SubOink says

untrue to men he knows to be idiots"

lol

Logan, you think the 30 year bond bull market is done?

SubOink says

I think people like Peter Schiff are not lying - I think they believe their own BS

Nobody is right all the time, but the general inflation/stagflation thesis is holding. You don't have to be an extreme gold bug or market bear, but wrt inflation Schiff is mostly right (not so much on it's direct implication on gold or the dollar, esp. relative to other countries and wrt timeline). Why do you think Trump won the election? If everybody would be doing as dandy as the market in nominal terms Trump would not have had a chance at all. Reality is inflation has been raging in healthcare, housing, education/childcare, essential and local items. The printed money goes selectively into the most crony sectors.

Come on, people, don't be shy: there is still time....

Straw Man says

Come on, people, don't be shy: there is still time....

Heh ok. Volatile 2017 (as opposed to 2016), good for traders, but no downturn, more flattish, maybe slightly down. I thought 2016 would be flat to down and it was flat until it made new highs recently - thanks to the Trump effect. Market super resilient.

SubOink says

Logan, you think the 30 year bond bull market is done?

This is a very complex discussion but for now... bond rally 1.31% 10 year lows, would need a world event to bring it down under 1%

In my predictions articles I have talked about 1.60% - 3% channel and that 1.60% level is the key to everything in the bond market

As much as everyone makes a huff about this bond market sell off.. I tell people this

Lower lows and lower highs in this cycle haven't been breached yet, once we close over 2.50% and get next day follow through you got something legit, bigger sell off in 2013 and in 2015 ...

So much to talk about but to break under 1.60%

European event... 2012, Spain default fear trade $ and Brexit, both times were short lived

Thanks Logan

http://www.thegatewaypundit.com/2016/12/revealed-michigan-recount-uncovers-massive-voter-fraud-detroit-precincts/
REVEALED: Michigan Recount Uncovers Serious Voter Fraud in Detroit- VOTES COUNTED UP TO 6 TIMES

Once they started the Michigan recount in earnest, and knowing he would be exposed, the Detroit City Clerk Daniel Baxter all of a sudden started claiming that the optical scanners which read the paper ballots did not work the day of the election. Baxter blamed the discrepancies on decade-old voting machines. That is his cover story. Nothing like this was mentioned until he realized their voting fraud scheme would be detected.

Baxter’s claim is that, when trying to push the ballots through the readers, the ballots would be stuck and they’d have to push them through again thus ‘ACCIDENTALLY’ resulting in a double count. He says the poll workers sometimes ‘FORGET’ to adjust the machine count and instead let the ballot count twice.

Of course, that’s COMPLETELY BULLSHIT.

In one Detroit Precinct, a recount team was given a box of ballots with an unbroken seal where everything appeared proper and in place. The tag on the box said there were 306 ballots. The book said 306, and the ticket said 306, so that means there should be 306 paper ballots on the box. When they pulled out the ballots, there were exactly FIFTY paper ballots in a locked sealed box that again was supposed to have 306. The official canvasser approved count for this precinct was 306. For FIFTY ballots.

It looks like Detroit counts each vote more than SIX TIMES! No wonder they get such high turnout rates!

#fraud

Black democrat politicians commit fraud? Surely you jest!

Hey Logan the guy in the picture, standing next to you, I know who he is but I am old and forgot his name. He proved that the housing bubble was premeditated. And I wrote this about that: http://www.talkmarkets.com/content/us-markets/fed-premeditated-mispricing-of-risk-in-housing-oil-junk-bonds-and-other-markets?post=81636&uid=4798

Gary Anderson says

I know who he is but I am old and forgot his name.

Benjamin Bowler?

Anyone whom the House Republicans would elect would be worse.

See my other threads as to why I think Trump will be disastrous, unfortunately, now.

But I fear that if anything like electoral college revolt and election of anyone other than Trump happens, we'll have a full-on civil war (the real type).