If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Trading Room)   World markets plunge on news that the V-shaped recovery you've been enjoying is more of an L-shape   (tradingroom.com.au) divider line 43
    More: Obvious  
•       •       •

2472 clicks; posted to Business » on 28 Apr 2010 at 8:17 AM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



43 Comments   (+0 »)
   

Archived thread
 
2010-04-28 08:21:53 AM
Duh.
 
2010-04-28 08:26:02 AM
ummm, I think I missed something in that article...
 
2010-04-28 08:26:34 AM
So like an upside down "L"?
 
2010-04-28 08:29:14 AM
This is all Fartbama's fault.
 
2010-04-28 08:40:10 AM
Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?
 
2010-04-28 08:41:33 AM
Wait, who's screwing us now?
 
2010-04-28 08:45:22 AM
TPerrin: ummm, I think I missed something in that article...

You see, the "V Shaped Recovery" is subby's pet name for a greek boy toy. Now that S&P has junked their credit rating, subby realizes that he's going to have to support said fun boy, thus implying that it will be him that has to take it up the pooper, thus the L shape.

Meanwhile, the world markets have realized that credit problems in Greece are no reason to run screaming, especially in light of great earnings reports. So now that we've dumped our stocks of anything held by Greece, it's time to start buying again.
 
2010-04-28 08:50:12 AM
Wouldn't it be more of a square root sign?
 
2010-04-28 08:59:30 AM
yay we're doomed!
 
2010-04-28 09:01:41 AM
Spindle: Meanwhile, the world markets have realized that credit problems in Greece are no reason to run screaming, especially in light of great earnings reports. So now that we've dumped our stocks of anything held by Greece, it's time to start buying again

Greece's bond ratings have been reduced to junk status, Portugal is barely holding on to investment grade A-.

If either or both countries decide to force a cram-down restructuring on investors things could get ugly fast world wide. Especially if other countries see it as an easy out politically **Cough USA**

How the US still gets investor grade is beyond me.
 
2010-04-28 09:02:43 AM
Hard to recover from something like this..
www.variety.com
 
2010-04-28 09:03:39 AM
or it could be more bucket-shaped and the opposite side had fallen over.
 
2010-04-28 09:06:49 AM
Good job for Subby.

His irrational pessimism helps keep a measure of irrational enthusiasm in check, and where there is no irrational enthusiasm, his inability to see a recovery simply because it happened during an Obama administration means better deals in the market for me.
 
2010-04-28 09:18:03 AM
Wouldn't the shape of the recovery be different because the markets plunged instead of the other way around?
 
2010-04-28 09:22:07 AM
In other news lamb prices are now half off - all gyros must move!
 
2010-04-28 09:22:35 AM
crazytrpr: How the US still gets investor grade is beyond me.

The United States has never defaulted on any obligation. And it's assumed that the United States never will. At least not in the foreseeable future.
 
2010-04-28 09:22:51 AM
Link seems to have changed. Did someone notice the CNN link was headlined U.S. stocks set for a strong start and realize it didn't sound scary enough?
 
2010-04-28 09:24:28 AM
thurstonxhowell: Wouldn't the shape of the recovery be different because the markets plunged instead of the other way around?

In other news, markets plunged on news that markets were recovering.
 
2010-04-28 09:24:37 AM
crazytrpr:
How the US still gets investor grade is beyond me.

For astute observation in your post, I wondered how you could be this naive in your last sentence.

Money dude. It's always about money.
 
2010-04-28 09:32:12 AM
Fear not, the stimulus will fix all of this. In fact it already has from here to Australia. Ignore the negative news.
 
2010-04-28 09:36:12 AM
can't blame Bush now kiddies

The long deep recession is all from the policys of Chairman Obama

Haaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
2010-04-28 09:37:15 AM
crazytrpr: How the US still gets investor grade is beyond me.

Um... maybe its because both our debt and deficit as a percentage of GDP are actually much lower than many other first world countries?
Link (new window)

I'm a fiscal conservative, and a staunch Fark Independent, so I think our deficits and our debt is way to high. I also think that it's scary to realize that as bad as our situation is, there are a lot of countries that are a lot worse off than we are.

The biggest danger to America is that our government is addicted to cheap debt. At some point the cheap interest rates will end. And all that short term borrowing that the government, Fed, state, and local has been doing will get much more expensive to service. When that happens..... things will get interesting.
 
2010-04-28 09:38:05 AM
HellRaisingHoosier: crazytrpr:
How the US still gets investor grade is beyond me.

For astute observation in your post, I wondered how you could be this naive in your last sentence.

Money dude. It's always about money.


They way we are taking on debt, me naive? We've been running government and trade deficits since Bretton Woods, except for a couple years under Eisenhower and Nixon. Our way out has been to slowly deflate the currency over time, eventually the dollars supremacy will end as a result.
 
2010-04-28 09:51:11 AM
GoodyearPimp: Wouldn't it be more of a square root sign?

Depends. Does it have the optional downward-pointing serif on the end? I always put that on there to help define which part's under the root sign and which part isn't--given my tendency to cram figures together, this is extremely helpful... or was, back when I had to do math by hand. But if there isn't a downward serif in our economy, then I'm cool with it.
 
2010-04-28 10:02:02 AM
In other words, there's still time to get in on the ground floor? Yippee!
 
2010-04-28 10:07:25 AM
Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

The answer of course is the latter of the two scenarios, except for the fact you misspelled Oboingohusseinfartbama.
 
2010-04-28 10:10:48 AM
Shrugging Atlas: Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

The answer of course is the latter of the two scenarios, except for the fact you misspelled Oboingohusseinfartbama.


Blakrock shiatstain Blackbama?
 
2010-04-28 10:18:03 AM
god dammit.
www.shipmentoffail.com
 
2010-04-28 10:22:02 AM
Great. So now I'M gonna have to eek out a meager existence living in a hole in the ground I dug with a pointed stick, eating berries and small mammals because those assholes in Greece couldn't get their shiat together?

Thank you VERY much.
 
2010-04-28 10:27:30 AM
Odd Bird still enjoying some V shapes.
www.onlygowns.com
 
2010-04-28 11:03:40 AM
Candygram4Mongo: In other words, there's still time to get in on the ground floor? Yippee!

You jump right in there, Virgil. I'll hold yer beer.
 
2010-04-28 11:05:03 AM
Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

it's increasing the value of the dollar versus the euro, and that's not necessarily a good thing. I'd rather it were steady. just because we look better in comparison it doesn't mean were doing any better, and in fact it portends poorly for the global economy, of which we are a part of. hence the market went down yesterday.

here's an analogy for your response to this situation:

you get very happy and excited when a member of your country club dies in a horrible fire because you realize you now look much better than him in a suit, forgetting that your club badly needed his dues.
 
2010-04-28 11:06:41 AM
relcec: it's increasing the value of the dollar versus the euro, and that's not necessarily a good thing. I'd rather it were steady. just because we look better in comparison it doesn't mean were doing any better, and in fact it portends poorly for the global economy, of which we are a part of. hence the market went down yesterday.

THIS
 
2010-04-28 11:26:30 AM
Still laughing at "Greece junk downgrade"
 
2010-04-28 01:08:06 PM
Hah

I sold all(except 10% in small caps) at 11,000.

So long suckers, you have Chairman Obama running things now. Kiss your money goodby.
 
2010-04-28 01:27:10 PM
crab66: This is all Fartbama'sBush's fault.
 
2010-04-28 01:41:04 PM
The invisible hand is now the invisible fist.

Go ahead.... buy some equities from the nice shysters. I dare you.
 
2010-04-28 01:51:33 PM
winterwhile: Hah

I sold all(except 10% in small caps) at 11,000.


That seems short sighted.
 
2010-04-28 02:04:23 PM
relcec: Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

it's increasing the value of the dollar versus the euro, and that's not necessarily a good thing. I'd rather it were steady. just because we look better in comparison it doesn't mean were doing any better, and in fact it portends poorly for the global economy, of which we are a part of. hence the market went down yesterday.

here's an analogy for your response to this situation:

you get very happy and excited when a member of your country club dies in a horrible fire because you realize you now look much better than him in a suit, forgetting that your club badly needed his dues.


So how is this Obama's fault?
 
2010-04-28 02:09:21 PM
Barbigazi: Shrugging Atlas: Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

The answer of course is the latter of the two scenarios, except for the fact you misspelled Oboingohusseinfartbama.

Blakrock shiatstain Blackbama?


The best is still B-Rock the Islamic Shock Hussein SuperAllah Obama.

/fartbama has runner-up
 
2010-04-28 02:21:46 PM
Barbigazi: relcec: Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

it's increasing the value of the dollar versus the euro, and that's not necessarily a good thing. I'd rather it were steady. just because we look better in comparison it doesn't mean were doing any better, and in fact it portends poorly for the global economy, of which we are a part of. hence the market went down yesterday.

here's an analogy for your response to this situation:

you get very happy and excited when a member of your country club dies in a horrible fire because you realize you now look much better than him in a suit, forgetting that your club badly needed his dues.

So how is this Obama's fault?


Well, it's because Obama's law firm was representing the circus that came to town the week after the fire.

You see?
 
2010-04-28 04:24:39 PM
SurahAhriman: Barbigazi: Shrugging Atlas: Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

The answer of course is the latter of the two scenarios, except for the fact you misspelled Oboingohusseinfartbama.

Blakrock shiatstain Blackbama?

The best is still B-Rock the Islamic Shock Hussein SuperAllah Obama.

/fartbama has runner-up


Fartbama still makes me titter like a little girl and it has been months. Funny every time.
 
2010-04-28 04:41:50 PM
Barbigazi: SurahAhriman: Barbigazi: Shrugging Atlas: Barbigazi: Shall we note that Greece pulling the EU down is actually helping the US? Or are we going to pretend that this is all something else and Obama's fault?

The answer of course is the latter of the two scenarios, except for the fact you misspelled Oboingohusseinfartbama.

Blakrock shiatstain Blackbama?

The best is still B-Rock the Islamic Shock Hussein SuperAllah Obama.

/fartbama has runner-up

Fartbama still makes me titter like a little girl and it has been months. Funny every time.


Yup. At least a smile every time. The more exotic ones come off as too forced. This one is just the right mixture of blatant and blatantly childish.
 
Displayed 43 of 43 comments



This thread is closed to new comments.

Continue Farking
Submit a Link »






Report