The Idiocratic Divergence Visualized:
Stocks versus Treasury Yields
One of these is priced based upon future economic prospects and the other is priced solely based upon Central Bank spoofing.
ZH: April 18, 2015:
What Bernanke's new employer said two years ago
"One of the very sad negative characteristics of the Fed’s policies is it’s leading to job destruction - via overseas outsourcing and automation"
Bloomberg April 3rd, 2015
ZH: April 23, 2015
Stocks reach new record highs due to worst Macro(economic) data in six years
In the meantime, the stock market will continue hitting new all time highs in anticipation of ever-more Fed dopium. Free heroin for dying addicts.
Interest rates and employment in a race to the bottom, all compliments of imported Third World deflation aka. "the global savings glut":