FOMOP: Fear of Missing Out On Ponzi

Cashing in on global exploitation is all very exciting. For a reason. People who are already in the Ponzi want everyone else to buy in too. Otherwise, it can't keep expanding, at which point it collapses like a cheap tent, with "only eight years of warning..."

Where was I...

Remember Fed policy by Police Squad? Well it's back...The reason why old people can watch the same movie over and over again is because they forget the ending. Young people have no excuse other than Kardashians, ESPN, CNBS, AC360, iPhones, soccer tournaments, circus elections, porn selfies, stop me any time...

The first two episodes of Fed policy by Police Squad took place in 2015, followed by a break due to the Shanghai Accord to temporarily weaken the dollar, and Brexit. Currently this is episode three of Fed policy by Police Squad:

World stocks ex-U.S. (red) with One year Treasury yield black):

What could go wrong?

First off, another fake OPEC deal could unravel in real-time...

But fortunately, the Canadian dollar tells us exactly where oil will be by next Thursday (Post-OPEC), if not sooner...

In addition, the Chinese Offshore Yuan is perilously close to the magic "7" level (.1429 inverted) which will be defended at all costs.  However, as we see, whenever the PBOC draws a new line in the sand is when the wheels come off the bus globally, due to Quantitative Uneasing aka. the selling down of $USD assets...

CNH (USD/CNH) versus S&P downside gaps (red)

Blue arrow is where CNH is trading right now:

Meanwhile, the US dollar is rolling over again, deja vu of last year...with the internet fund (red) showing the third peak is ahead of time this year by an inconvenient month:

Which, big picture means that banks are about to lose their end-of-cycle fake reflation bid...

Speaking of an inconvenient month, UnHedge Funds are not doing a very good job of closing the performance gap, compliments of their ALL IN bet on Hillary - but they still have five weeks to make up the difference, before the biggest redemption in stock market history begins.

In other words, overwhelming support for a Democrat very likely fatal imploded the hedge fund industry. The irony can't be overlooked:

So all we really need to do is wait a little bit longer and try to remember the ending this time...