Picture Billary winning and this clusterfuck collapsing like a cheap tent while her and Obama are transitioning power. No zombie would see that coming...
'b' waves are phony rallies predicated upon collapsing fundamentals: As fake as the people who believe in them...
These things don't care who gets elected:
Global GDP/Trade rollover due to depleted stimulus
Oil implosion due to mega glut
Chinese uneasing due to dollar rally
Emerging Market rollover due to dollar and oil
High dividend yield implosion due to interest rate rise
Junk bond implosion due to oil
Deutsche Bank
Saudi insolvency due to mass corruption and low oil
Brexit risk
FANG stock implosion due to weak revenue guidance
The jobless consumer is tapped out
Let's take a look...
Global GDP/Trade rollover due to depleted stimulus
World ex-U.S. with Global GDP growth (red)
Oil implosion due to mega glut
Chinese uneasing due to dollar rally
The PBOC is supporting the Yuan by selling Treasury Bonds aka. Quantitative Uneasing. This has the side effect of monkey hammering global risk markets:
Emerging Market rollover due to dollar and oil
High dividend yield implosion due to interest rate rise
Junk bond implosion due to oil
Deutsche Bank
Saudi insolvency due to mass corruption and low oil
Brexit Risk
British pound and stocks both in dollars:
FANG stock implosion due to weak revenue guidance
Internet stocks with cash balances:
The jobless consumer is tapped out
Retail stocks got bludgeoned this week:
"It can't happen to me"
Of course not.
