Obama - the obsession

[theeedude]

It is? How?

How, specifically, does inflation account for the fact that trillions in assets that would have otherwise been bought by money managers have been sucked out of the fixed income markets. As a result of higher demand interest rates have dropped from both benchmark rates *AND* risk spread compression. As a result of both of those companies have been able to lever up and refinance at cheaper rates driving share buybacks (Apple is a perfect example) which increases EPS and thus stock valuations?

Hint: You are a fucking joke and have no idea how finance works.

When adjusted for inflation, which is what the Fed controls, the market is up, and the real economy is up too, under Obama. I don't see a problem with Fed stimulus as long as it's not creating excessive consumer inflation. So far, that is not an issue, even remotely.

Hint: If you have to resort to a personal attack and profanity to prop it up, your argument is lacking.

 

[LegendKiller]

When adjusted for inflation, which is what the Fed controls, the market is up, and the real economy is up too, under Obama. I don't see a problem with Fed stimulus as long as it's not creating excessive consumer inflation. So far, that is not an issue, even remotely.

Hint: If you have to resort to a personal attack and profanity to prop it up, your argument is lacking.

No, my argument is not lacking, your intelligence is lacking. I don't give a shit about personal attacks if they are true and, profanity? LOL. We aren't in 3rd grade.

Financial asset appreciation is *NOT* included in inflation, nor is financial appreciation due to increasing leverage and decreasing outstanding stock.

But please, show me *exactly* where financial asset appreciation is built into CPI.


It's amazing you even think you can argue with me on this.

 

[theeedude]

No, my argument is not lacking, your intelligence is lacking. I don't give a shit about personal attacks if they are true and, profanity? LOL. We aren't in 3rd grade.

Financial asset appreciation is *NOT* included in inflation, nor is financial appreciation due to increasing leverage and decreasing outstanding stock.

But please, show me *exactly* where financial asset appreciation is built into CPI.


It's amazing you even think you can argue with me on this.

What is your argument as it relates to the topic of this thread?

 

[LegendKiller]

What is your argument as it relates to the topic of this thread?

that your chart is fucking moronic and you can't use it to justify a counter argument, period. The S&P500 appreciation is far more related to stock buybacks and mean reversion than anything Obama has or has not done. Furthermore, your justification of "inflation" is laughable. There isn't a single financially literate person on this planet that would agree with you, not one.

 

[StarTech15]

Yes sure he is the President and all, so will be discussed a lot.

Thoughts?

You said it yourself.

 

[theeedude]

that your chart is fucking moronic and you can't use it to justify a counter argument, period. The S&P500 appreciation is far more related to stock buybacks and mean reversion than anything Obama has or has not done. Furthermore, your justification of "inflation" is laughable. There isn't a single financially literate person on this planet that would agree with you, not one.

Companies feel confident to buy back stocks and investors feel confident to buy assets. Clear signs of economy being ruined by Obama.
Inflation is low and the economy is growing. That's a bad thing somehow, because Obama.

 

[fskimospy]

I'd say this, more or less.

That pesky first amendment and all.

 

[LegendKiller]

Companies feel confident to buy back stocks and investors feel confident to buy assets. Clear signs of economy being ruined by Obama.
Inflation is low and the economy is growing. That's a bad thing somehow, because Obama.

LOL - no, companies do not feel "confident" to buy back stock. They see it as a way to prop up a shitty economy through "good" earnings. They do it to prop up their own wages through "meeting" wall street expectations. They do it to give people like Carl Icahn what they want, to fuck the common people so he can squeeze a few more dollars out of our pockets before this whole thing crumbles.

Look at IBM - financial engineering has reached its final cycle - they can't just engineer higher EPS through buybacks, they have to actually beat at the top and bottom and they can't do it.

 

[theeedude]

LOL - no, companies do not feel "confident" to buy back stock. They see it as a way to prop up a shitty economy through "good" earnings. They do it to prop up their own wages through "meeting" wall street expectations. They do it to give people like Carl Icahn what they want, to fuck the common people so he can squeeze a few more dollars out of our pockets before this whole thing crumbles.

Look at IBM - financial engineering has reached its final cycle - they can't just engineer higher EPS through buybacks, they have to actually beat at the top and bottom and they can't do it.

Yes, it's all a giant conspiracy.

 

[LegendKiller]

Yes, it's all a giant conspiracy.

No, it is reality.