Everything the Neocon Fauxtards touch turns to shit. Supply Side Ponzinomics bankrupted their own country and sponsored two disastrous military blunders. Now they ignore every major issue of importance while talking about Bowe Bergdahl incessantly. It wouldn't occur to them to have an inquiry as to why the hell they went to Afghanistan in the first place, because that would make too much fucking sense...
The Dow Illusion is the economy. Dumbfucks at large have been conned into believing that the Dow is the economy now, therefore they can ignore every other economic statistic of importance. As we would expect, the real economy has run off the cliff.
And then there's this just in...
June 11th, 2014: Bank of America's Loan Growth plunged most since 2008
Meanwhile, growth in the Globalized Ponzi scheme was downgraded yesterday as well
June 11th, 2014: World Bank Cuts Global Economic Growth Forecast
"Bad weather in the US, tension in the Ukraine, the slowdown in China and political strife in countries such as Turkey will all delay an expected pick-up in activity, "
Jim Kim, expressed disappointment at the prospect of a third straight year of sub-5% growth in the developing world, which he said was insufficient to meet his aim of eradicating extreme poverty by 2030.
"Growth rates in the developing world remain far too modest to create the kind of jobs we need to improve the lives of the poorest 40%," Kim said.
The bottom line is that it's not a Ponzi scheme, just as long as we all keep pretending that it's not a Ponzi scheme.
Financial Crisis 2.0
A New Global Housing Bubble i.e. because of course the first one never ended
June 11th, 2014: IMF: The Era of Benign Neglect for Housing Bubbles is Over
China: Epicenter of the next crash
Buy the Fucking Collapse
And to celebrate all of the above, ETraders went ALL IN on their beloved Tesla call options (re: a low put/call indicates elevated call option buying)
Equity put/call with Nasdaq Composite
Unhedged funds have finally given up on the VIX as a hedging tool
VIX Call volume 50 DMA from CBOE
Data as of June 11th, 2014
Data as of June 11th, 2014
The Nasdaq HFT Illusion
A bad time to be going ALL IN
Nasdaq with Percent of stocks above 200 DMA
Correlation in lower pane
