The Scylla and Charybdis of Lies and Bullshit:
The stock market's worst case scenario just arrived -
The stock market's worst case scenario just arrived -
The economy is weakening but the Fed is trapped by their fake recovery meme, leaving the door open to rate hikes. Which means that stock market dopium seekers have to deal with collapsing profits AND reduced liquidity flows. Right on schedule, dopium addicts are clamoring for more printed money. Because in the Idiocracy, an economy devoid of jobs is a fair price to pay for ultimately worthless dollars.
ZH: April 29, 2015
"In the third quarter, net liquidity is likely to turn negative. And the stock market is likely to correct. What then? The Fed will panic and announce QE4… and other measures"
So for the next several months, Etraders will continue to throw their life savings away to keep this propped up, until the Fed abandons rate hikes, admits they've been lying this entire time, and starts printing money. Sure.
Stocks versus the economy as imputed from long-term Treasury yields (which peaked in 2011):
Stocks versus the economy as imputed from long-term Treasury yields (which peaked in 2011):
A mile deep. Over/under.
