Sunday, March 6, 2016

Wall Street Is Imploding: There's No More Dumb Money

It took seven years, but *everyone* finally capitulated to the Central Bank fantasy, just in time for it to all implode. Central Banks' recent preference for negative interest rates over more "QE" money printing, threw Wall Street under the bus...

ZH: March 6, 2016
Imploding Investment Bank Trolls ZeroHedge
Personally, I wouldn't respond to anyone who works at this shit show, other than to say they should learn the merits of paper versus plastic...

The age of the "I love QE hat"-wearing dopium whore is ending:

A picture is worth a thousand words:

There are no bears outside of blogger land anymore. Why? Because seven years of bullshit and cheap money forced everyone on Wall Street to capitulate to the Central Bank delusion. 

This past week even long-time perma-bull Marc Faber capitulated. 

He picked the week when stocks became the most overbought in 12 years...

ZH: March 2nd, 2016

McClellan Oscillator (weekly):

The Broker Dealer Index aka. "Wall Street"

The IPO index:
"Where did the dumb money go?"