Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Friday, November 11, 2016

"Let's Go Back To The 1950s"

Last week saw the most number of sequential down days since Lehman. This week saw the biggest intraday reversal since right after Lehman. Bueller? Bueller? Bueller?

BTFD: Buy The Fucking Dow

The Dow is the only index in the entire world including the U.S. that made a new high this week. Within the Dow, out of 30 stocks, only two made new highs - Merck and JP Morgan.

First, "the good", if that's what you want to call it...

Banks

General Dynamics

Biotech

Skip the bad and get to the ugly...

Treasury bonds

Big cap Tech

Big cap tech as ratio of BTFDow:

Canadian dollar and oil:

Chinese Yuan

EM Currency and EM Debt

EM Stocks

USDJPY

Junk bonds

Municipal Bonds

Risk Parity

Staples

Wilshire / Dow ratio:

Inverse Volatility

"Congratulations you won"
DOW with ROW (Rest of World):

After hours: Deutsche Bank Warns of Imminent Domino Impact of Bond and Currency Volatility On Stocks...