Thursday, June 25, 2015

Sphere Alliance Message #6



As received by Denice

I worked a bit on my "internal viewing device"

Asked about the tech that will be delivered.  Showed me an image of a man in white pants and a tunic with a small white pillbox style hat loading stacks of clear cases about 8 x 10 inches and 3 inches thick about the size of a (3-ring binder).

I heard someone ask him to take them to the platform.  It looked like a metal stage set up beside what looked to be the side of a chinook helicopter (same color and size) but my viewscreen was too small to see if it was a craft or a helicopter (I only saw part of it).  That's where they will distribute them.  

I asked "when" and they just sent me the most overwhelming sense of amusement.  That seems to be their little secret for now!

I had sent pink spirals for a few moments on my drive to work.  My crown chakra was spinning and expanding.  On the way home, this is the message I received after I cleared my realm and made my declarations:

Denice: Is there a message?

SA: Yes there is much activity and anxiety among the ranks.

Denice: What does that mean?

SA: Not our ranks. 

SA: We are filled with joy and love in seeing many spirals of heart centered energy encircling Gaia, your earth.   

SA: We are pleased that you are helping and doing the work on the ground. 

SA: We too are doing our work from our vantage point.   Soon those two shall merge.

Denice: That "soon" word!

SA: We have no time, there is no time. Soon is a relative word.

SA: Fear not, all moves forward into infinity in an eternal spiral back to Source.  

SA: The age of reason ends; the age of joy begins. End transmission

Denice: I looked up age of reason.  It was in the 17th and 18th centuries.  But it was also known as the age of enlightenment; kind of makes sense -- there is so much enlightenment happening!

CNBC Demystified





CNBC Demystified

Submitted by Tyler Durden on 06/25/2015 13:46 -0400


Submitted by Doug Litowitz via TheAlphaPages.com,

CNBC presents a paradox in the hedge fund community.

It plays constantly, but hardly anybody watches it.

The channel mostly functions as white noise emanating from wall-mounted monitors on trading floors and in financial firms.

Given its ubiquity, one might think it was highly regarded.

But traders and portfolio managers treat CNBC with scorn or indifference.
Few rely on CNBC for market information, preferring Bloomberg terminals or proprietary data sources.

The situation resembles George Orwell’s Nineteen Eighty-Four, where the protagonist Winston Smith tuned out the massive telescreen on his apartment wall that issued endless streams of positive news.

As an experiment, I polled several friends who have a combined 100 years of experience in hedge funds. They couldn’t recall anyone saying, “I just got a game-changing idea on CNBC.” And during rare mentions of the channel, the commenter opines on the female anchors’ attractiveness or the quality of the male anchors’ suits.

According to Nielsen, CNBC commands a market share many multiples of its nearest competitor, Fox Business News, and perhaps a dozen times that of its second competitor, the more elite-minded Bloomberg Television.

This is puzzling. How can something so unpopular be so popular?

The answer is complex, and requires a deep dive to find CNBC’s true purpose.

CNBC is a news show, or in other words, it is supposed to provide content, information, and stock market advice.

By journalistic standards, it falls short of its task.

Interviews feature softball sessions bordering on hero worship. The recent coverage in Davos at the World Economic Forum was shameless. Too often, CNBC accepts a devil’s bargain where they gain access to market leaders in return for tacit agreement to refrain from tough questions.

The ‘experts’ are self-anointed. Their predictions are never back-tested.

And whatever news it provides is already stale to market makers.

The screen is full of dizzying information without meaningful analysis, and commentators never broach broader social issues. A hollow, unconvincing conviviality prevails among its anchors, and whenever the market goes down or a guest becomes bearish, the anchors turn incredulous, brittle, defensive, and dumbfounded.

Last Fall, the anchors turned aggressive on Peter Schiff by forcing him to admit he wrongly predicted that Gold prices would rise, and he had to defend himself by noting that he was correct about predicting the housing crisis while CNBC was busy cheerleading. Exasperated, he said what everyone is thinking: “All you do is parade people who are wrong.”

Judged as a news show that is supposed to report objectively on the economy and the stock market – it is grievously flawed.

But at a deeper level, below consciousness, CNBC serves an indispensible shamanistic function, providing a kind of ideological placebo that calms everyone down by offering a series of comforting myths.

At this, it succeeds wildly.

Recall that the function of a shaman is to give puzzled victims a narrative framework for redemption, a story in which their afflictions can be warded off, and blessings bestowed, if they perform a certain ritual, or appease a demon, or ingest a magical substance. A person who consults a shaman does not seek evidence or back-testing. He wants a comforting myth that casts himself as master of his destiny when things go well, and as a blameless victim of the gods when things go wrong.

CNBC is an electronic shaman for investors.

Even with the sound turned off, it sends the underlying message that a master plan exists and we can find redemption in the markets, that there is a golden thread, a controlling logic to the chaos and indeterminacy around us. When we make money, it is because we have been wise and followed their sage advice. And when we don’t make money, when they fail to predict the next collapse, there will be no one to blame, because it was due to unforeseeable and mysterious forces.

This is what we want to hear.

All of us – from amateur investors to the greatest traders at the best hedge funds – on some unconscious level want to believe this. It is not simply that we want to hear that market indexes are rising; that may or may not be good news depending on one’s positions. Rather, we want to hear that whatever our strategy happens to be, there are well-dressed, positive, cheerful and confident people telling us that destiny is in our hands, and that the dream is within reach.

No one wants to hear that we are throwing hard-earned money to the cruel winds of malevolent and opaque forces, that billions, even trillions, are sloshing around vulnerable to unstable geopolitical and sociological events that defy rationality, or that fortunes can be won or lost because of some freak tragedy.

No one wants to hear that the market is propped up by the Federal Reserve, or that we are irrationally exuberant, or that earnings guidance is low-grade fiction.

We want to be reassured by serious men and women in suits who tell us that events are looking up, that problems are solvable, that the market is rational, that we are scientists, not gamblers.

And most important, we can all be winners if we just listen to their experts on shows like Fast Money and Mad Money. Just as the audience at a magic show suspends disbelief while the magician saws a body in half, the CNBC viewers suspend disbelief about whether the ‘experts’ on the screen were correct yesterday, or the day before, or the month before.

To watch CNBC – even volume off – is to be transported to a world where propitious events are on the horizon, where people are busy, serious, and sober. The people are smiling, boarding planes, presenting charts in glass conference rooms, balancing their portfolios and building their nest eggs.
They are me, I am them, we are all watching CNBC together, and we are all in the know.

It’s a nice place to be. And that should be your first clue that it isn’t real.

The Mystery Of The "Missing" Inflation Solved: Record Number Of US Renters Can't Afford Housing





The Mystery Of The "Missing" Inflation Solved: Record Number Of US Renters Can't Afford Housing


Submitted by Tyler Durden on 06/24/2015 23:12 -0400

Looking at a long-term chart of the BLS' core CPI chart or the Fed's preferred inflation metric, the Core PCE, reveals that the US is patiently trudging below the Fed's goalseeked goal of roughly 2% inflation per year. Even when stripping out just the "shelter" component of CPI reveals inflation that is barely higher at just under a 3% annual increase. 





Of course, by now everyone knows that the artificially suppressed, "hedonically-modified" and seasonally-adjusted inflationary readings is what has permitted the Fed to not only grow its balance sheet to $4.5 trillion but to keep rates at 0% for 8 years. Because "how will the economy recover if there is no broad inflation", the Keynesian brains in the ivory tower scream, demanding more, more, more easing just to push inflation higher.

There is only one problem with this: it is all a lie - just ask any average American whose cost of living has soared in the past decade.

Still, with reality diverging so massively from the government's official data, reality just had to be wrong somehow.

Turns out reality was right all along, as revealed by the latest "State of the Nation's Housing" report released by the Center for Housing Studies at Harvard, which showed that while inflation among most products and services may indeed be roughly as the Fed and BLS represent it, when it comes to rent - that most fundamental of staple costs - things have never been worse.

According to the report, for American renters 2013 marked another year with a record-high number of cost burdened households - those paying more than 30 percent of income for housing. In the United States, 20.7 million renter households (49.0 percent) were cost burdened in 2013.

It gets worse: a whopping 11.2 million, or more than a quarter of all renter households, had "severe cost burdens, paying more than half of income for housing." The median US renter household earned $32,700 in 2013 and spent $900 per month on housing costs. Renter housing costs are gross rents, which include contract rents and utilities.

From the report:

Over the span of just 10 years, the share of renters aged 25–34 with cost burdens (paying more than 30 percent of their incomes for housing) increased from 40 percent to 46 percent, while the share with severe burdens (paying more than 50 percent of income) rose from 19 percent to 23 percent. During roughly the same period, the share of renters aged 25–34 with student loan debt jumped from 30 percent in 2004 to 41 percent in 2013, with the average amount of debt up 50 percent, to $30,700.

In other words, the reason why American consumers are caught in a state of near-permanent spending depression is simple: almost half of all renters can barely afford to splurge as they are spending 30% of their income just to cover rent, a number which surges to more than half of all income for a quarter of all renting households, of which increasingly more are Millennials... Millennials whose balance sheet liabilites include over $1 trillion in student debt.
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