Sunday, February 21, 2016

2016: When Genius Failed. To Exist.

Wait until the Idiocracy figures out their leaders were always dunces...

Bank stocks called the recession last time. I'm sure Gene Epstein will be right this time instead...

Bank stocks with real (inflation-adjusted) GDP:

Blue vertical line is the beginning of recession i.e. peak GDP...




One of these is not like the others...




"What's the average stock trying to tell us this time? Probably nothing. I don't trust markets when they don't confirm my fake optimism"




Kohl's department stores. Where jobless consumers shop...




"What do you mean there's no 'Conomy in CasinoConomy?"

Consumer Sentiment with Fed Funds