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Americans may be fleeing from stocks in droves, but they sure aren’t shy about rotating the resulting meager liquidation proceeds into weaponry. According to Gallup, “Forty-seven percent of American adults currently report that they have a gun in their home or elsewhere on their property. This is up from 41% a year ago and is the highest Gallup has recorded since 1993, albeit marginally above the 44% and 45% highs seen during that period.” Considering the social situation “out there”, and the fact that the world is one badly phrased or translated headline away from a complete HFT-facilitated market collapse, this is hardly all that suprising.
Santelli To Liesman: “You Don’t Say Anything I Find Interesting To Hear!”
Earlier this morning, a flurry of tweets about Rick Santelli emerged on Twitter. Something was up. Fast forward to 4:20 in the clip below to watch Santelli blow up at his guest Steve Liesman over markets.
The big quote: “You don’t say anything I find interesting to hear.”
Thanks to Zerohedge for finding the video.