Tuesday, August 25, 2015

The Idiocracy Is "Decoupled" From Reality

Wall Street is front-running the Idiocracy. Out the door. 

BBG: Aug. 23, 2015
[Large] Investors Are Pulling Their Money Out of U.S. Stocks At the Fastest Rate EVER
"Companies in the Standard & Poor’s 500 Index with the highest share volume were down 5.7 percent over the three months through July, five times as much as the broader market. That’s the worst underperformance since 2011 and came right before American stocks staged their biggest selloff in four years"

NYSE Up volume / Total Volume:

Now, this just in, it's the timely "decoupling" fantasy:
MW: Aug. 25, 2015

“We expect the U.S. economy will avoid contagion and continue to expand. [The] S&P 500 will rise by 11% to reach 2,100 at year-end. Such a rebound would echo the trading pattern exhibited in 1998, when U.S. equities rallied and largely ignored the Asian financial crisis,” 

The U.S. Dow with Chinese stocks aka. decoupling for blind men:

"We need more time to sell, bitchez. No one saw this coming..."