Arrogance plus Greed and Stupidity. Are Terminally Fatal.
Six years of non-stop bullshit at 0% visualized:
The week before last, the Fed's pet rock, said that retiring at age 25 is more popular than ever, and "it will continue"...
Labor participation rate by age group:
Then this past week, the Fed inadvertently leaked that the official "Unemployment rate" - which is the biggest openly accepted lie in human history - is their key metric for interest rate policy. It only goes down when people give up looking for work, so when
This week we also learned that "good news" weekly jobless claims reached the lowest level since 1973:
"The bullish jobs picture, together with a firming housing market brings the Federal Reserve a step closer to hike interest rates this year."
Barron's dared to question the lamestream happy time with a 3rd grade question:
"If the labor-force participation rate is at a generational low, and one has to be in the labor force to file for jobless benefits, could that statistic be distorted to the downside?"
Match meet dynamite:
Interest rates going higher, deflation going lower:
U.S. one year interest rate expectations versus U.S. forward deflation expectations:
Holy fuck, we're doomed...
Thirty Year Treasury Yields
Strong dollar is imploding Emerging Markets
EM Currency Fund
Prepare for Idiocratic "lift-off"
