Monday, February 15, 2016

Fake Wreckovery: "Strong Buy"

"The wreckovery was as fake as the people who believed in it"

Foodstamps and Labor Participation Rate:
Congress has cut foodstamp aid twice, since feeding children and homeless veterans isn't part of the "Lockheed Martin Keynesian" stimulus program...

At ~82 months, this is the longest fake recovery in U.S. history. If it were were a real recovery, it would be the fourth longest since 1854. Bulls have convinced themselves that it's still going, much less being totally fake...

The S&P / Dollar ratio called another top:

"Did you say bottom or top? It makes a difference..."

We've never seen anything this asinine before...
52 week range of average S&P stock with Fed liquidity