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White House Rocked by Latest Scandal: #PIEGATE

November 26, 2017 The_Real_Fly 0

Content originally published at iBankCoin.com
 
This is the most retarded scandal to ever rock the government, this one originates from a tweet from the WH Press Sec., Sarah Huckabee Sanders. She tweeted this complete nonsense on Thanksgiving.
I? …

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Futures Saunter Higher In Careless Jaunt Towards Dissipation

October 1, 2017 The_Real_Fly 0

Fascism has been rearing its ugly head all weekend in Spain and has delighted investors to no end. S&P futures are heading up now, +3 in early trade. Over in Europe, the optimism born in Spanish law and order has become somewhat infectious, delight…

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Morgan Stanley’s Mike Wilson is Calling For a Boom and a Bust in Stocks

September 28, 2017 The_Real_Fly 0

This is what you’re paying for, clients of Morgan Stanley. You get Mike Wilson, Chief U.S. Equity Strategist and Chief Investment Officer, the most bullish of analysts on Wall Street, while also being the most bearish.

How wonderful.

Asshat, Morgan Stanley

To best experience the dynamics of Mike Wilson’s intricate market call, first I advise you to sit back, relax, and drink a fifth of vodka — straight from the bottle — then doze off in that nice rocking chair of yours and be prepared to vomit when you wake up.

He’s calling for S&P 2,700 by Q2 of 2018, roughly 10% higher from present levels. In a televised interview on CNBC yesterday, he described a market that would saunter higher, amidst cheerful baskets of flowers being tossed upon investors. There wouldn’t be any cause for concern, until his price target was met — at which time grave horrors would unfold — leaving top tickers stranded at the altar — raped, battered, and bruised.

After the market soars to new record levels, a pox will befall equities, shattering dreams and stopping pace makers. The S&P 500 will fall by 20%, drowning investors in a bear market that is both menacing and harrowing.

Until then, earnings should drive gains and potential economic stimulus will keep the party train going, leisurely stocked with the strongest and the purest strains of cocaine, booze, and hookers.

“Today is a short term euphoria but we think this is the primary trend: Small caps, financials energy” are all opportunities for investors. “That doesn’t mean that FANG or tech gets left behind. They can both work in concert now. So I think this is the next leg.”

While markets should trade higher, up until it crests at Wilson’s ghostly target of 2,700, he does caution investors that is could trade down, rather severely, at any given moment. He’s calling for a possible retracement of 5-6% by late October to early November. In the event that doesn’t happen, well then, stocks should trade higher.

“I think the way it sets up is people probably get excited over the next couple of weeks,” said Wilson, also chief investment officer of institutional securities and wealth management. Wilson said he expects earnings to keep buoying the market. “Then we’re going to have the inevitable disappointment.”

Wilson also took a shot at his peers for being wrong about a summer correction, smugly reminding them of what drives stocks in this market.

The reason why stocks went higher this summer, as opposed to lower, was simple, according to Wilson — “It survived the test. The reason it survived the test is that fundamentals are too good,” he said. “There’s two ways to correct an overbought market. You could go down or you could go sideways. We took that latter route. “

After the 5-6% fall correction, stocks will extricate themselves from the ribald glumness of Autumn and reassert a bullish vigor — sending it to new record highs at 2,700.

“We’ll get to 2,700 first, and then the timing of the beginning of the cyclical bear could be imminent. It could be any time after that. It could be as early as the second half of next year,” he said in the telephone interview.

To avoid sounding absurd, or even ridiculous, Mr. Wilson reminded the reps at Morgan Stanley that butcherous market slaughterings are quite normal happenings for stocks — in spite of them becoming increasingly rare in the 8th year of the present bull market.

He summed up his intellectually diverse market call as calling for both a boom and a bust, having it both ways, having cake and eating it too.

“I think this is the trick…Be careful what you wish for. We’re late cycle. We made this call back in April. We’re looking for the boom, bust,” he said. The boom is the bump and euphoria from fiscal stimulus, and investors could get excited about tax cuts sometime early next year. “It actually brings the end of the cycle. That’s the irony.”

Prepare for both gains and losses, ups and downs.

Thank you Morgan Stanley.

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Bring Back the Court Jesters

September 23, 2017 The_Real_Fly 0

Content originally published at iBankCoin.com

The problem with American politics is that the people demand to be entertained, as they feverishly engorge themselves with Nando, cheesed doodles, along with any number of strong narcotics and booze. More or less, much of America is populated by varmints, both new and old, perverted, slobbish people who festoon their living quarters with degeneracy and live out villainous lives.

Here’s Trump weighing in on NFL kneelers and how owners should deal with them.

Totally normal. pic.twitter.com/IHivq78IDF

— The_Real_Fly (@The_Real_Fly) September 23, 2017

Here is the full outburst.

The President has now entered the red zone in politics, messing with her favorite pastime — fool’s ball. Will this latest gambit pay off? Or, will an assault on the CIA’s favorite deflection be his downfall?

My personal opinion, not that it should mean more than anyone else’s, is that the President shouldn’t get up on stages, stumping for people with the last name ‘Strange’ — calling for multi-millionaire fools-ball players to be fired for kneeling during the anthem. Instead, he should’ve dispatched an Anthony Scaramucci type figure onto the public, cursing, using terms like ‘fughetiboutit’, to discuss this very important matter. This jester could’ve said all of the things Trump said, AND MORE, without sapping the office of the Presidency from whatever semblance of dignity it had left in it. For the sake of the nation, and for our cherished institutions, being back the court jester. We’ve already brought back other fine institutions, like family monarch and the aristocracy, feudal lords, and clandestine forms of slavery — why not this?

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Lawrence O’Donnell’s Outtakes Proves He’s a True Boss

September 21, 2017 The_Real_Fly 0

Content originally published at iBankCoin.com

Everyone is making such a big deal about these outtakes. If anything, it makes Larry look like a good olde Irish boy, having a grande olde time with the teevee cameras. I’m sure Larry had an extra pint after all of the insanity was in his ear, hammering and the like.

I love @Lawrence now . True boss. pic.twitter.com/t1ZFJ2iA6I

— The_Real_Fly (@The_Real_Fly) September 20, 2017

Full clip.

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Cryptocurrencies Continue to Crash: Is All Hope Lost?

September 14, 2017 The_Real_Fly 0

Content originally published at iBankCoin.com
Let’s review the extent of the carnage inside of the dark, cavernous catacombs of the ICO world — a place where outright scam artists get rich by tricking people into believing their ‘coin’ will make them …

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Blackstone’s Schwarzman: ‘I Was Accused by People of Being a Nazi’

September 12, 2017 The_Real_Fly 0

Content originally published at iBankCoin.com

At CNBC’s Delivering Alpha conference, Blackstone’s CEO, Stephen Schwarzman told Michelle Caruso-Cabrera that after the Charlottesville mayhem, he received hundreds of defamatory emails, many calling him a ‘nazi’, borrowing the narrative of the far left group ANTIFA. This is especially absurd, since he’s jewish.

But don’t let logic get in the way of all that pent up anger and hatred.

Schwarzman on being called a nazi by idiots and why he decided to disband the business council with the President, saying the public discourse applied too much pressure on the CEOs in the group — making it untenable.

Blackstone’s Schwarzman on being called a ‘nazi’ by idiots. pic.twitter.com/KqKN7qIsuU

— The_Real_Fly (@The_Real_Fly) September 12, 2017

Bonus: The NY Times published fake news on his reaction to Trump’s comments following Charlottesville.

Blackstone’s Schwarzman on the ‘Failing NY Times’ publishing fake news. pic.twitter.com/R1c5rpBn3f

— The_Real_Fly (@The_Real_Fly) September 12, 2017

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Pieczenik, Jones Get into Heated Debate Over Trump Conspiracies

September 12, 2017 The_Real_Fly 0

Content originally published at iBankCoin.com
 
There are some people who apologize for Trump for virtually every single thing he does. They like to blame the usual cast of villains, including Dina Powell, Jared Kushner, Gary Cohn, Gen. McMaster, …

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MIAMI BEACH MAYOR: GET OUT; ‘THIS IS A NUCLEAR HURRICANE’

September 7, 2017 The_Real_Fly 0

Content originally published at iBankCoin.com

Imagine yourself hosting a party and a hurricane filed with nuclear bombs showed up and blew away your little condo, like the big bad wolf did to that little piggy straw house. According to the Miami Beach Mayor, that’s exactly what Hurricane Irma is going to do when it lands in Florida this weekend. He’s warning residents to ‘get out’ because Hurricane Irma is a ‘nuclear hurricane.’

Miami Beach Mayor: ‘This is a nuclear hurricane’ pic.twitter.com/9NjeE6Dpod

— The_Real_Fly (@The_Real_Fly) September 7, 2017

 

As an incentive, hotels and condos are shutting down power to force people to leave.

The Governor of Florida, Rick Scott, warned residents that ‘the storm surge can kill you‘, pleading with people to leave.

It’s important to note, Hurricane Irma is sustaining 180mph winds for the longest time in history and is now the size of Texas.

Dr. Masters from Wunderground opines.

Florida: Where and when Irma makes its right-hand turn will largely determine its track with respect to the Florida peninsula. Based on recent ensemble models (in which a large number of parallel runs are carried out to simulate uncertainty in the atmosphere), it is still possible that Irma could take a south-to-north inland track across the Florida peninsula, or a track that stays just east of Florida’s East Coast. However, it appears most likely that Irma will hug the state’s East Coast from south to north, potentially moving inland over some sections. This type of track is far different from those of Hurricane Andrew (1992) and Katrina (2005), which moved from east to west across the Miami metro area. A south-to-north track would affect a much larger part of this elongated metroplex. In an interview published in Capital Weather Gang in August, Bryan Norcross touches on the many issues that a hurricane like Irma could bring to South Florida, which has not experienced a storm this strong in 25 years.
 
Depending on Irma’s track, hurricane conditions could extend well inland, as well as northward along the length of the peninsula. The entire Florida peninsula is within the five-day cone of uncertainty in the official NHC forecast, and all residents of these areas should pay close attention to the progress of Irma, especially along Florida’s East Coast. NHC may issue Hurricane Watches for parts of South Florida and the Keys on Thursday.
 
Irma’s intensity will likely undergo fluctuations over the next couple of days, but intensity models show only gradual weakening, and NHC maintains Irma as a Cat 5 storm through Friday. Wind shear is predicted to remain low to moderate along Irma’s path until Saturday, and Irma will be passing over waters that are as warm or slightly warmer than its current environment (see discussion in our Tuesday PM post). Land interaction with Cuba could weaken Irma somewhat, but we must assume that Irma will be at least a Category 4 as it nears South Florida on Sunday, as predicted by NHC.

 

 
More from Dr. Hanson
 

—Irma is likely to be at least a Category 4 when it nears Southeast Florida on Sunday. There is nothing in the atmosphere on the large scale that would be expected to produce significant weakening before at least Saturday. As Irma moves just north of Hispaniola on Thursday, and offshore or just over the north coast of Cuba on Friday into Saturday, the interaction with land may disrupt Irma somewhat, as noted above. On the other hand, water temperatures will remain steady or slightly increase along Irma’s path, which is favorable for maintaining Irma’s strength. Irma may experience moderate wind shear by Sunday (around 15 knots), but it is safest to assume that Irma will maintain at least Category 4 intensity on its final approach to Florida, as reflected in NHC’s 11 am Thursday forecast. More significant weakening is expected from Sunday into Monday, because of increasing wind shear and land interaction. Irma is still predicted to approach the Southeast coast of GA/SC as a Category 3 hurricane.
 
—Regardless of its strength at final landfall, Irma has the potential to generate a catastrophic storm surge across the Southeast coast from northern Florida to South Carolina. Under almost all track scenarios for Irma, the vast amount of water being pushed northwest by the storm is expected to slam into the Southeast coast and produce a devastating storm surge. Even if Irma’s winds decrease as expected by Monday, this water will already be in motion, packed with tremendous momentum. From our Wednesday PM post on the storm surge potential: “Even areas up to a hundred miles to the north of where the center makes landfall could potentially see record storm surges. The area of most concern is the northern coast of Florida, the coast of Georgia, and the southern coast of South Carolina, due to the concave shape of the coast, which will act to funnel and concentrate the storm surge to ridiculous heights.” See our Wednesday post for more details.
 
Within the storm surge warning area along the Southeast Florida coast, water levels above ground (inundation) could reach 5 to 10 feet, according to official NHC storm surge guidance as of 11 am EDT Thursday. Storm surge expert Dr. Hal Needham has launched a storm surge website for Miami with details on the city’s surge history and surge potential.?
 
—Large parts of the Florida peninsula would experience damaging winds on any of the most likely tracks for Irma. Irma’s hurricane-force winds now extend up to 50 miles from its center, and that radius will increase over time. Even after Irma’s top winds weaken, the wind field will gradually expand over time. Tropical-storm-force winds extend up to 160 miles from Irma’s center, which would be enough to straddle the entire Florida peninsula. In 2005, Hurricane Wilma crossed the state at Category 2/3 strength from Cape Romano to Jupiter. Even though Wilma’s center was 60 miles north of Fort Lauderdale, the city’s downtown experienced significant damage, with many glass facades sheared off by high wind. Floridians should be prepared for massive loss of windows and glass facades with Irma, especially if it tracks near or over Florida’s East Coast. It’s worth noting that Broward County—population 1.9 million—has not experienced a direct hit from a major hurricane since 1947. At that point, the county’s population was about 85,000.
 

 
Additionally, both Jose and Katia are rapidly developing. Should all three storms make landfall this weekend, it would be the first time 3 storms hit simultaneously dating back to 1851.

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