One of these is not like the others...
The Fed balance sheet, S&P 500, Consumer sentiment, Rydex bullish:bearish asset allocation
Versus
Forward economic expectations (1 year Treasury yields)
Terminal Idiocracy
The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.