Central Banks reverse engineered social mood higher for six years straight via the casino, while the economy was decimated. Now, social mood is collapsing as reality crushes mass delusion.
Global Risk Off Visualized. This clusterfuck doesn't go in reverse...
Brokerage stocks are now tanking as another generation of gamblers has been fully monetized:
Dead Unicorns visualized:
The IPO index has been monkey hammered back two years, as the IPO market has gone dead.
IPO volume is down a staggering -67% year-to-date. Even backing out Alibaba from last year, net proceeds are down -50%:
Year to date issuance:
Monthly: One year ago this week was the biggest IPO in history...
The IPO Hall of Shame:
Almost all IPOs in the past two years have the same pump and dump profile - straight up, straight down...
