The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.
Friday, April 1, 2016
April Fools. Who Do You Trust?
Lying psychopaths?
Yen versus S&P?
Oil versus S&P (weekly correlation 95%)?
Treasuries versus S&P?
Global Stocks ex-U.S. versus S&P?
The low volume, low volatility "regime" ?
Price / volume:
Overnight Gaps?
The Hotel Californication?
The Nasdaq?
China?
Corporate Mad Men?
The Efficient Bonus Hypothesis?
The Acid Queen?