Saturday, June 27, 2015

This Isn't A Fucking Mystery Novel

Blind men are always trying to 'predict' what will happen next, like it's some sort of secret. It's not necessary to guess what WILL happen, it's only necessary to open one's eyes to what already has happened...

Global economic growth (black line) with commodities:



The U.S. stock market is now held up solely by momentum biotech. Economic cyclicals have left the party...


Weekly money flow
(i.e. weekly close prices in relation to weekly open prices)


Dow with Internals...



S&P with internals


Nasdaq Trend Strength


Daily money flow



Momentum: Price / Volume:




Global Interest Rates At 500 Year Low:



Submerging market currencies and debt



Global Macro:
Russian stocks, Canadian dollar, U.S. Deflation (TIP:TENZ), EM Currencies, all commodities



NYSE Leverage:  Margin balances /  (cash + credit)




Global Debt




Record Margin debt
Record Global debt
Record M&A activity
Record Stock buybacks
Record Profit margins
Record Global Stimulus

Non-existent real economy, 0% interest rates
Rising global long-term interest rates
Emerging markets monkey hammered
Collapsing global growth
Collapsed commodity markets
Global (short-term) interest rates at 500 year low