The trend is towards weaker and weaker recoveries somehow attended by ever more shock and awe. Meaning more and bigger lies are told in each cycle - each sock puppet attempting to outdo the last one with chicanery and smoke and mirrors...while having Paul Krugman's hand up their ass the whole time. It's the "Keynesian" election implosion cycle wherein Congress shuts down all funding until they see who gets elected...
Obama looks to be planning some sort of death blow for the old age home who've forgotten the ending again...
S&P with five year treasury yield (red):
Globalization is run by pathological liars who will peddle any amount of fiction to propagate the status quo. There is no market for truth anymore, because there is no audience for honesty. No ads can be sold. Societies create their own self-serving narratives which are passed down from the top echelons of self-nominated elites. Anyone who wants to get "promoted" within that contrived hierarchy must propagate the universally accepted narratives, regardless of how specious they may be.
If however, you wish to propagate the truth, then you are forced to live outside of the bubble and thereby have no upside relative to the fake hierarchy of the Centrally Planned Matrix.
I mean aside from making massive bets that it all implodes with extreme dislocation because none of the AC360-programmed zombies see it ending, thanks to seven and a half years of non-stop entitled bullshit...
Either way, it's early retirement.
Where was I...
Chinese Yuan
Money flow
Tough week for retail
Homebuilders did ok
Cisco came out ahead...
Biotech rolled over hard
Bears capitulated
NYSE Trin
"Seven and a half years later Lockheed Martin rolled over aka. "Keynesian" bombing of foreigners..."
I'm sure it will be different this time. But I wouldn't bet everything on it again...
