Wednesday, January 6, 2016

Idiocratic XGames: Bungee Jumping With A Noose

Unfortunately, no one has told the zombies that they're on the verge of losing everything. Because they don't trust anyone who can be trusted...

The S&P held the 1990 Maginot Line at all costs...A level coinciding with the day before the August Flash Crash:

Oil and oil stocks at new lows. Emerging Market stocks, EM debt, and EM currencies new lows, Yen carry approaching August lows. Big Cap Tech rolling over. What could go wrong?

A Yuan devaluation followed by two big downside gaps and then a crap...we've seen this movie before:

EM Stocks ex-BRIC

Global Dow:

Money (Out) Flow: