Tuesday, November 17, 2015

The Promise Of The Joker And The Fool



"It's us against them. In this case, the well-performing U.S. market against the weakening rest of the world."

Rest of World with Dow (in background):




Once again, Fed policy by Police Squad has everyone leaning long dollar/U.S. stocks, when the dollar index already peaked last March.

ZH: Nov. 17, 2015
The consensus trade is strong dollar



Short-term yields are at multi-year highs, while dollar lags...all predicated upon a fake recovery falling apart in real-time...



CNBC: Nov. 17, 2015

Euro/Dollar with positive momentum divergence lower pane...


Dollar / Yen


U.S. /  Rest of World, never more overvalued:
"We're decoupled. From reality"