Three Minutes to Midnight

Staring into the abyss and seeing only Kardashians staring back

This top has been forming for over a year now aka. three airliner searches
All World Stock Markets ex-U.S.:

DEFLATION Expectations (Since 2009): "RISK OFF"

Canadian dollar, all commodities, Russian stocks, U.S. inflation expectations, EM Currencies

The order of the day is to assume all risks are uncorrelated
Uncorrelated risk means that the probability of an untoward event is extremely low. Correlated risk means that the probability of an untoward event is the limit approaching 100%.

"Uncorrelated" Brown Swan Events, all assiduously ignored:
(missing airliners and bombing foreigners, didn't make the cut)

Short-term dislocations:

• 'Unexpected' Emerging Markets economic slowdown
• Dollar rally
• Carry trade reversal
• Commodity collapse
• Oil market dislocations, mass layoffs
• High yield spread blow-out 
• Long-term treasury rally (all time high in price/low yields)
• Sanctions
• Russian stock and ruble collapse
• Swiss currency dislocation

Long-term dislocations:

• Accelerating global deflation aka. Third World convergence
• Accelerating wealth divergence
• Ponzi debt accumulation / bankrupting future generations
• Rising terrorism/geopolitical risk/societal acrimony
• Rising Fascism
• Environmental exhaustion
• Overpopulation
• The doomsday clock just moved 3 minutes to midnight (its historical range has been 2 minutes to 17 minutes away from midnight)

"Today, unchecked climate change and a nuclear arms race resulting from modernization of huge arsenals pose extraordinary and undeniable threats to the continued existence of humanity"

The fakers in power can't fix the problem, they are the problem. We've "turned the page", to the most lethal era in human history, amplified 10x by a stoned Idiocracy. The walking dead.