The reason to buy stocks is because TINA: "there's is no alternative"...collapsing profits, collapsing global growth, collapsing employment. Load up. In other words, today's entitlement class believes that record global poverty is a buying opportunity. Because what else could it be?
ZH: Shedlock/ISI Evercore
What a tool believes
Supernova visualized aka. "Deflation"
This is the asinine chart of the day, the US 10 year yield as a ratio of the German 10 year:
"Fuck everyone else, I'm good thanks"
Got stop loss?
3x leveraged oil
JPY Carry Trade aka. "overnight risk"
Momentum circle jerk aka. Dumb beta
Yen / Yuan
Gap 'n trap
Realized volatility is already rising