Financial topics

[aeden]

“The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.” Lord Acton

https://www.biddergy.com/Listing/Detail ... tting-Maul

post disease society as you head into serfdom structures
http://people.loyno.edu/~history/journa ... milone.htm

Attempts to enforce the Statute of Laborers or the Poll Tax were futile.

Take mark you who are to fall into global serfdom demshevik machinations.

Men of good stature and works and faith are pulling keys.

https://www.youtube.com/watch?v=BfrUQA2tb6M

These lib morons here can't seem to understand that you still have to get the product from somewhere and process it.
Mud huts if the future for these half wits as it spirals.

Imagine a people who knew this, saw it coming, and yet chose to consent anyways.

[John]

** 19-May-2022 World View: Sign of a panic

> I don't think that there is a full on panic yet. Not as I
> write. There is an options closure this Friday and I suspect that
> the 4% drop in the S&P 500 yesterday was positioning itself for
> that. It will probably firmly establish 4000 as a resistance point
> and travel the next leg dow. It looks like that may be 3500 may be
> the next support which over time will also become a resistance
> point; lets see. But I have no doubt that the trend is down, down
> down, and at some point there will be a panic and a big sell
> off. I have some 140 years of stock market history showing high
> inflation (or deflation) equals low P/E ratios. That means current
> market is much much too high.

> The panic is impossible to predict; it may happen today; next
> month; second half of the year, but I'm feeling confident thats
> its coming.

> Lots of money to be made with shorting!!! Could be a good time for
> some traders!

As I've mentioned in the past, over 90 years have passed since the
1929 stock market panic, and nobody has yet figured out why the panic
occurred when it did, on October 28, rather than a week, a month, or a
few months earlier or later. It just suddenly happened one day, as if
by magic.

So we know it's going to happen again -- today, next month, next year
as you suggest -- but I'm trying to watch for signs that it's imminent
-- that it's about to suddenly happen again, as if by magic, the same
as in 1929.

The 1929 panic was preceded by several weeks of wild market swings, in
a net downward direction, and that's what's happening today. So when
I see that aeden's family is calling him in a panic, it's easy to
wonder if people in many other families are calling each other in a
panic. And right now, the Dow is down another 300 points. So I think
that this is an early sign of a panic. That doesn't mean it will
happen right away, but it might. But either way, I believe that this
is definitely an early sign.

[aeden]

Price risk – forward prices, and forward prices are different than forecasts.
Supply risk – Volumetric
Counterparty/credit Liquidity, Strategic risk.
Other – Hedge strategy design. <--------------------


Hard to develop programs for people that at one time understood risk metrics.

Reduce volatility with dollar cost average hedges if they are able to understand.
Ordinarily fiduciary standard is defined in terms of principles, not rules.

The light switch adopted will utilize four scenarios back tested.
We or if/then has to understand Fiduciary relationships.
They got to make up their mind what can be done since should of been done has passed.

Fiduciary vs. Financial Advisor

[aeden]

Sea Hag was reminded of King Canute.
Hope does endure we suggest for the sane.

Abram Hoffer and Humphry Osmond claimed that adrenochrome is a neurotoxic,
psychotomimetic substance and may play a role in schizophrenia and other mental illnesses.

[aeden]

Like Biden, I'm old enough to remember when Americans were well acquainted with the Misery Index, a combination of the inflation and unemployment rates. In 1980, when Biden was still a young senator from Delaware, the Misery Index hit 19.7%, the highest level of pain since 1946. That same year, a first-term Democratic president, Jimmy Carter, lost reelection.
The Misery Index was back in the news this week as it hit a 12-year high. That's not to say Joe Biden is the new Jimmy Carter. At least not yet.
It does, however, help to explain why Americans feel so bearish about their president in our springtime of discontent.
The misery is real. Americans are hurting. And Biden has bungled one of the most important jobs he was elected to do.

Tim Swarens is deputy opinion editor of USA TODAY.

As warned who did pull their keys who work no longer watch these democrats who are alleged as can see and think longer than you are to be solvent.
Its real just supply side facts and they own this esg stupidity wrapped in hubris soaked in avarice.
Your reset will be matched with the great escape. You enclaves that join this foreign WHO scandal are fools.

Nomura - Yesterday was different...
https://cms.zerohedge.com/s3/files/inli ... k=seqWqSNq

We are going to sit this one out going positive into the sept window.

We have supply-side inflation that the Fed cannot control. That why we raised cash as they bitch about liquidly macro.

Never fight the tape and flush under 200 ma bullshit bull horns.

meanwhile.
To which Hawley said "With all due respect, Madame Secretary, that's utter nonsense," adding "The average gas price in my state was $2.07. Eight months later, eight months later, long before Vladimir Putin invaded Ukraine, that price was up over 30%, and it's been going up consistently since."

"What are you doing to reverse this administration's policies?" Hawley asked, to which Granholm replied: "It is not the administration policies that have affected supply and demand."

Total bullshit and bull horns equal absolute DNC pure esg cult bullshit.

Regime Unix drop in first came to office; he immediately re-entered the Paris Climate Accord, he canceled the Keystone pipeline, he halted leasing programs in ANWAR, he issued a 60-day halt on all new oil and gas leases and drilling permits on federal lands and waters - that's nationwide, that accounts by the way for 25% of US oil production and we are not even getting started to the demsheviks stupidity yet.

You assholes will be in mud huts when they get done with you by 2026. Those that have a brain already told you what's not going to happen.
Work as in even driving food to you cult half wits. Rule four does even start to cover it.
Its not acrimony they are just sheep pens mixed with penguins as warned eating all the seed corn.
You think you voted for these incompetent criminal gaslighting idiots is more entertainment than we should linger with.
Biden is already buried by this place holder uniparty administration.
Having survived in Michigan through the miserable years of Granholm’s Governorship (during which 500,000 jobs bled out as estamated)
- it’s a little ray of sunshine to see her ass get kicked in a public forum, and to see her exposed as fully ignorant and worse.
The nation would be better served by leaving that position vacant.
Biden is solely responsible for CPI inflation. Blatant Stupidity no to see it.
Dividend futures market implies S&P 500 dividends will decline by nearly 5% in 2023.
BY September was to optimistic as to painfully obvious. Still waiting for the chorus of the frogs are we?

A few already know it as "The smart guys have been watching the lifeboats being quietly stocked for a long time."

They are.

Videos today of Sri Lankan parliamentarians stripped to their underwear while being punched, slapped and belittled by hungry citizens.


https://twitter.com/zerohedge/status/15 ... 72896?s=21

[aeden]

bish zone

We’re getting to the point that if things don’t change, we’re gone. Things aren't changing.

Sell his book your already to late and woke broke.

Three deep pagan juice tribe conceded social engineering failed.

tsts syndrome

[aeden]

https://www.cruz.senate.gov/imo/media/d ... imondo.pdf

I anticipate 2026 and resolve would place some keys back in some ignitions.

Doubtful....

Stakeholder economy is not what your pointy heads considers valid for you.


https://wattsupwiththat.com/2022/05/18/ ... -insanity/

https://media.patriots.win/post/iDgTJ5bU.png Your new leader serfs.

When you get time read about his garden weeds and you.

[aeden]

“Our residents are so fed up with corporate greed,” said Rashida Tlaib (D-Mich.), a supporter of the bill.

Nothing in that brain pan can assert supply side reality. Utter waste land logic.

“You cannot ask oil and gas companies, particularly onshore companies, to increase production when the infrastructure doesn’t exist to get that product to market,” Armstrong argued during his own testimony, citing the Duke pipeline and other pipeline projects that have been scuttled in recent years.

I had written my Senator about finishing a abandoned link near completion struct down by the courts for natural gas that would help the east coast over our basic problems.

Polite letter back but devoid if solution.

The have utterly lost their minds. The politic of envy is the path to our destitute peoples.

You had been warned what the politics of envy sows.

[Higgenbotham]

Analysis-‘Retail apocalypse’: Wall Street shaken by inflation-induced earnings hits
By Syndicated Content
May 19, 2022 | 2:43 PM
By Siddharth Cavale and Uday Sampath Kumar

NEW YORK (Reuters) – Walmart, Target and Kohl’s were among major retailers that reported earnings this week that missed Wall Street expectations by the widest margin in at least five years, underscoring the wallop four-decade-high inflation is bringing to U.S. shoppers’ wallets and retailers’ bottom lines.

Among 145 retailers that have reported first-quarter earnings so far, 127 mentioned inflation and 138 flagged supply chain issues, according to Refinitiv data.

Higher staffing costs, bloated inventories and more expensive fuel took a toll on retailer profits, contributing to a market rout that saw Wall Street post its worst day since mid-2020 on Wednesday.

Department store chain Kohl’s Corp on Thursday became the latest to cite soaring inflation in posting a 92% decline in adjusted profit.

Chief Executive Michelle Gass blamed higher freight and wage costs and lower clothing demand for adjusted earnings of 11 cents per share that was 59 cents short of analysts’ estimates, a gap of nearly 85%.

Walmart Inc, the nation’s largest retailer, posted a quarterly profit that fell 25%, marking its first miss in five quarters. The gap of 12.3% between Wall Street’s expectations and Walmart’s earnings per share figure was its widest since at least 2017.

For rival Target Corp, which saw its profits halve, that margin between expectation and reality was 29%, which was also its biggest in at least five years, according to Refinitiv.

“This is a little bit of a retail apocalypse. It was Walmart (on Tuesday) and everybody thought it was a one-off,” said Dennis Dick, a trader at Las Vegas-based Bright Trading LLC.

“Now that Target missed earnings (by) a lot more than Walmart even did, they’re scared that the consumer is not as strong as everybody thinks.”

While Wall Street brokerages were expecting profits to be pressured by soaring fuel costs, analysts said they were caught off guard by the rapid retrenchment among consumers and shifts toward buying lower-margin basics instead of more profitable general merchandise.

The extent of inventory buildup and heavy discounting by retailers was also a bit of a shock, they said.

“The biggest surprise was the inventory markdowns and rollbacks (in prices). I don’t think any analyst was expecting that,” CFRA analyst Arun Sundaram told Reuters.

AJ Bell Investment Director Russ Mould called the inventory figures “startling.”

Target’s inventories were up 43% in the first quarter, as unsold televisions and bulky kitchen appliances piled up, while Walmart’s rose 32% in the quarter.

In some ways, the retailers are victims of their own success after figuring out how to keep stores relatively well stocked in the midst of supply snarls, truck driver shortages and on-and-off lockdowns intended to curb the spread of COVID-19.

Sundaram said Target’s wider earnings miss was due partly to a greater emphasis on general merchandise sales compared to Walmart, which focuses more on selling groceries and other essentials.

Wall Street is also “angry” about the lack of warning from Walmart and Target, which gave upbeat outlooks for 2022 a little over two months ago, said Jane Hali, CEO of investment research firm Jane Hali & Associates.

The financial impacts of the war in Ukraine and prolonged COVID lockdowns in China likely played a part in the stark turnaround in companies’ predictions for the year, she added.

“Wall Street is panicked,” Hali said. “Target had an investment day not too long ago, where they made no mention of the issues they highlighted on Wednesday. So I can understand the Street being angry about that.”

https://wtvbam.com/2022/05/19/analysis- ... ings-hits/

[Higgenbotham]

Ross Stores Shares Tumble 17% on Declining 1Q Sales, 2Q Sales Forecast

Provided by Dow Jones
May 19, 2022 3:39 PM CDT
By Denny Jacob

Ross Stores Inc. shares tumbled 17% to $76.86 in after-hours trading Thursday after the company reported a decline in sales in the first quarter and guided for same-store stores to decline in the second quarter.

https://www.morningstar.com/news/dow-jo ... s-forecast