Wednesday, September 7, 2016

A Socially Obligatory Delusion

The ECB meets tomorrow to discuss their latest money printing options. The general Wall Street consensus is of course towards "More" dopium. What else?

The last times Goldman Draghi increased asset purchases are shown with blue arrows. In other words, Wall Street front-ran the stimulus and sold the news...

In summary, this clusterfuck is on borrowed time and money...

This all-important neck line has been tested nine times on the weekly over two years:




Summer is over. There's only one thing left to do:

The average U.S. stock's vacation from reality...