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Title: The Last Time The Dow Was Here...
Source: [None]
URL Source: http://www.zerohedge.com/news/2013-03-05/last-time-dow-was-here
Published: Mar 5, 2013
Author: Tyler Durden
Post Date: 2013-03-05 10:52:19 by Ada
Keywords: None
Views: 83
Comments: 2

"Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else."

Dow Jones Industrial Average: Then 14164.5; Now 14164.5

Regular Gas Price: Then $2.75; Now $3.73

GDP Growth: Then +2.5%; Now +1.6%

Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million

Americans On Food Stamps: Then 26.9 million; Now 47.69 million

Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion

US Debt as a Percentage of GDP: Then ~38%; Now 74.2%

US Deficit (LTM): Then $97 billion; Now $975.6 billion

Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion

US Household Debt: Then $13.5 trillion; Now 12.87 trillion

Labor Force Particpation Rate: Then 65.8%; Now 63.6%

Consumer Confidence: Then 99.5; Now 69.6

S&P Rating of the US: Then AAA; Now AA+

VIX: Then 17.5%; Now 14%

10 Year Treasury Yield: Then 4.64%; Now 1.89%

EURUSD: Then 1.4145; Now 1.3050

Gold: Then $748; Now $1583

NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

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#1. To: Ada (#0)

14282 and change as I type.

Wheeee!

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2013-03-05   11:09:54 ET  Reply   Trace   Private Reply  


#2. To: Ada (#0)

This may be the most important number: The kamikaze debt market deleveraging– Total credit market debt balloons to $53 trillion while US households pushed to deleverage.

Source: www.mybudget360.com/total...rket-amount-us-household- debt-deleverage-2012/

Lysander_Spooner  posted on  2013-03-05   14:25:21 ET  Reply   Trace   Private Reply  


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