What it means is that the chasmic gap between the Casino and Economy has never been wider...
This view shows prior peaks in stocks and bond yields:
The gap between the S&P and the average stock (red) is the widest since Y2K:
Speaking of the biggest frauds in human history. What do you call a country that lies to its own people for twenty-five years straight? Japan.
Overnight, they unveiled their latest combined Fiscal and Monetary "Keynesian" Money printing scheme.
Which boosted their stock market back to 1986 levels which is where it was last week...
To get an idea of how little this latest "MASSIVE stimulus" moved the needle here is JPY, real time. As we see, the repeating fractal continues on an ever-tighter downtrend...
This wouldn't be a bull trap, would it?
