Initial Claims 361K, GDP 3.1%, Expected 2.8%!!! TREASURY SELLS $14 BILLION OF TIPS AT RECORD LOW NEGATIVE YIELD!!!

zerohedge‏@zerohedge

Personal Consumption in 1st Q3 GDP estimate was 1.42%, it is 1.12% in the final

18 minzerohedge‏@zerohedge

Personal Consumption: 1.12% of 3.10% GDP. Government: 0.75%, Inventories: 0.73%

Business Insider‏@businessinsider

Q3 PERSONAL CONSUMPTION REVISED UP TO 1.6% (Es.t 1.4%) [link to read.bi]

24 minBusiness Insider‏@businessinsider

INITIAL CLAIMS RISE TO 361K (Analysts expected 360K, up from 343K) [link to read.bi]

24 minBusiness Insider‏@businessinsider

WOW: Q3 GDP +3.1% (Est. +2.8%) [link to read.bi]

Business Insider‏@businessinsider

The FHFA House Price Index Beats Expectations Rising 0.5% [link to read.bi]

59 sBusiness Insider‏@businessinsider

Existing Home Sales Jump 5.9 % To 5.04 Million, Beating Expectations [link to read.bi]

1 minBusiness Insider‏@businessinsider

PHILLY FED SOARS TO 8.1 (-3.0 Expected) [link to read.bi]

2 minzerohedge‏@zerohedge

Philly Fed 8.1, Exp -3.0, Last -10.7

Thanks OP

Hi Luis!!

Metals dropping again today. Time to add to the stack!!

What does this mean?

Yes they are tanking... like there is no tomorrow! LOL

It means the government is still cooking the books. No way those numbers are right.

tomorrow ... or ... the next day??? LOL!!




Last Edited by LJS on 12/20/2012 12:15 PM

zerohedge‏@zerohedge

TREASURY SELLS $14 BILLION OF TIPS AT RECORD LOW NEGATIVE YIELD.

It's not just the government, it is the entire financial industry that represents almost 15% of GDP (maybe more). 40 years ago, that same industry comprised maybe 5-6% of GDP. However, as we offshored our manufacturing we made up in the difference in debt, with a negative trade deficit for over 30 years we consumed far more than we produced. That difference was debt.

The financial services industry operates on debt, debt derivatives and related paper imaginings. It is in their own best interest to manipulate numbers to spur consumer confidence into whipping out their credit cards and buying stuff they don't need with money they don't have, especially at Christmas time.

The grand ponzi continues, really it is amazing to watch how long they can keep the whole thing going on such twisted fabrications. I guess it just goes to show that earning money the old fashioned way is dead like the dinosaur. Why earn something, produce something, when you can just lie about it all?

they sold negative yeild tips in 2010 too

[link to www.godlikeproductions.com]

Well guess every thing is gravy...All is going to be just fine.I wont need all this silver i have guess i should sell it.

[link to www.wral.com]

State funding to keep NC group homes open through January (mental patients to get the boot?)

This is the LACK of Hope brought about by Change.

We can pay for illegals to have baby after baby, yet our own citizens are thrown to the streets in their darkest hour??

I know...it just doesn't make any sense anymore.

It makes perfect sense: Everything is EXACTLY THE OPPOSITE of what they say or how things are supposed to be.