Friday, February 26, 2016

2016: Year Of Shocking The Hairless Monkey

"You've got to shock the monkey..."

"Our currency is stable. It goes down the same amount every day"

"Our 'Conomy is the strongest in the world. We borrowed our way out of 2008 and we printed the most money. Anyone who wants to peddle fiction should see me for instructions"

ZH: Dec. 31, 2014
Hedge Fund Manager Drinks The Kool-Aid
"There are times when an investor has no choice but to behave as though he believes in things that don't necessarily exist. For us, that means being willing to be long risk assets in the full knowledge of two things: that those assets may have no qualitative support; and second, that this is all going to end painfully"

"today's central bankers are spinning a falsehood of recovery"

France CAC w/S&P:
One of these demonstrates the realities of Globalization. The other one demonstrates the power of imagined realities. Regardless, they always converge at the bottom...





France CAC w/German DAX:




France CAC with Nikkei




France CAC with Aussie All Ordinaries:




UK FTSE
"Game over, man"