Tuesday, March 29, 2016

Globalization Runs On EXTREME Arrogance and Ignorance

The loudest most over-confident buffoons are the most ignorant...

A dead-end 'Strategy', with no future. The Idiocracy is going to learn a lesson about entrusting their future to circus clowns...

Global Trade:

MW: March 29, 2016
Corporate Profits Are Imploding

After tax profits Year over year change ($billions):

When profits peak, stocks peak, and the Economy...
S&P (black), Fed Funds (blue), Profits (red):

MW: March 29, 2016
The first quarter saw the smallest amount of funds raised from IPOs in 20 years
“We believe most of these companies could have completed IPOs had they been willing to take significant discounts (as much as 50% in some cases) to their proposed valuations,”