Central Banks are tapped out
Stock buybacks are now suspended
Wall Street is selling with both hands
Shorts have covered
Factset March 11, 2016
For Q1, the estimated earnings decline is -8.1%
"...which is below expected earnings growth of 0.3% at the start of the quarter (December 31). Seven sectors are projected to report a year-over-year decline in earnings...Three sectors are predicted to report year-over-year earnings growth..."
The Idiocracy's final policy operation is self-delusion and bullshit 24x7...
The psychopaths are ALL IN. Today the last Central Bank will inform dopium whores that there is nothing left in the needle. For seven years straight, global Central banks squandered their resources propping up the insolvent status quo. They bought insolvent assets with public money believing that doing so would make them solvent. They paid trillions for worthless rocks, assuming that makes them worth trillions.
"I hope you don't mind, we're tapped out"
"That's ok, we'll just fake it until you get some more. That's all we do anyway"
March 11, 2016
The Fed Created 93% of Post-2008 Gains
Speaking of being the last to see it coming...
"Right-size me, please"
24% Bearish (down by half since January):
Buy high, sell low visualized: