Monday, October 24, 2016

The Idiocracy Is Decoupled From Reality

The fantasy of the day is that the U.S. is "decoupled" from the rest of the world...

U.S. market liquidity peaked with the Global Dow. In late 2014...

U.S. liquidity with Global Dow:

Which means that U.S. liquidity is tied to 3rd wave down in Global Dow:

"Now imagine that this isn't happening..."

Which portends badly for the decoupling fantasy:

U.S. versus Rest of World