Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Wednesday, January 13, 2016

RISK OFF: Momentum Is Getting Monkey Hammered

You can't make this shit up:
"At the end, Netflix dragged down the Dow..."

The leading growth stocks from 2015 are getting smoked...

Chinese small caps, with U.S. small caps in the background:
"We're decoupled"

To prove I'm not biased (much), here is the top performing IPO of the past 12 months according to IPOScoop.com...

Remember the vaunted Ferrari IPO?

Amazon is down -15% from its all time high...

Biotech is getting bludgeoned

Daily:

Weekly:

Lending Tree RAISED guidance last night, and got hammered today...

FitBit

Twitter (not a leading stock from last year)

Alibabylon

Google

Schwab