Sunday, May 15, 2016

The Idiocracy Is Not Playing Dumb

Buried by 0%
Today's de facto Idiocracy mistook exploding poverty as a buying opportunity...

The abysmal April jobless report, was taken as a sign to go ALL IN:

Inventories finally caught up with retailers this week, as they all imploded with extreme dislocation. Which was of course the latest reason to buy Amazon:

10 year Treasury yields (black) with deflation ETF (red)

CPI with Fed Funds rate
2008 versus now:

Deflation with oil:

ConnedSumer Sentiment (red) ticked higher last month, because it's 100% tied to Real Estate (black):

The Emperor has no recovery 
Corporate profits are going back to 1975:

Yes, we must...