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Thursday, July 7, 2016

NO WAY OUT OF A PONZI SCHEME

The global hunt for global yield is a momentum circle jerk:

World GDP (black) with U.S. deflation (blue), Global yields (red) and Consumer Staples:

Lowest global GDP since...2008:



The most overvalued and overowned stocks are holding up the entire stock market:

PE ratio Consumer Staples:





Then there were none
New 52 week highs:






Small caps (red) with Consumer staples


German Dax (weekly) right on the 200 Week:


Europe 


Nasdaq 100:


Global Dow: