Saturday, December 19, 2015

Terminal Idiocracy: The Hardest Landing

The psychopaths bought into their imaginary recovery this week, with the first interest rate hike since 2006. Skynet stopped out shorts on Wednesday and then stocks, bond yields, and commodities fell hard Thursday and Friday...

"QE4 will fix this..."

52 week range of average S&P stock:

Treasury Bonds (yields):

Junk bonds and interest rates (log scale)

"They were well stocked for the holidays. For the next decade..."
Inventories - sales

Global Macro
Canadian dollar, U.S. deflation, Emerging Market currencies, EM debt, commodities: