ZH: Aug. 18, 2015
The Dow's invisible 9 month top in broad daylight is the tightest range EVER, year-to-date
A Brown Swan Event
The always-prescient Black Swan Taleb is quoted as saying that buying Netflix and revenueless biotech during a global meltdown "could" hypothetically turn out badly, based upon what barons of old were doing 4,000 years ago.
Or, the Idiocracy could just take their heads out of their asses, by way of "predicting" what's already happening. Either one.
Unfortunately, the Idiocracy doesn't believe in reality, so the latter is not an option...
The always-prescient Black Swan Taleb is quoted as saying that buying Netflix and revenueless biotech during a global meltdown "could" hypothetically turn out badly, based upon what barons of old were doing 4,000 years ago.
Or, the Idiocracy could just take their heads out of their asses, by way of "predicting" what's already happening. Either one.
Unfortunately, the Idiocracy doesn't believe in reality, so the latter is not an option...
Under the surface, 'Conomy is not as fat and happy as Casino. as measured by the ratio of VXO/VIX (S&P 100/500) i.e. VXO is sans Netflix and other Etrader garbage...
Instant collapse, just add brick-shitting overnight panic: