Ponzi World (Over 3 Billion NOT Served)

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.

Wednesday, July 13, 2016

RISK OFF: Last August, Except 10x RISK

We know that Skynet will take the 2am backdoor out of this "all time high" circle jerk. It's only a question of when...

Today was the first risk off day since this global Brexit celebration rally began two weeks ago...the market is rolling over per the CasinoNomics game plan...

Speaking of overnight risk, Japan and Europe are just wrapping up their "massive" post-Brexit rallies. Brexit circled...

a-b-c:

Breadth momentum:

Not necessarily what you would expect at an all time high...
Price / volume

Biotech

Apple's fifth lower high...

Amazon

Equal weight / cap weight ratio...

Global Dow

Utilities peaked a week ago, and appear to be making 1s-2s down on the :15 minute (not shown)...

Oil

Deflation, Treasuries, JPY, CNY etc. etc...