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.
Wednesday, December 21, 2016
"SORRY, NO REFUNDS"
The hedges are off...
Due to wrong way bets on Brexit and Hillary, actively managed funds are having their worst relative performance, ever...
"It was a conflict of bonus"
Cash is the biggest risk now. To Wall Street's bonus:
"As the calendar nears 12/31, stock market con artist says don't sell now..."
Equity Call / Put ratio:
Rydex bearish assets
% Bullish
Relative Strength
VIX with Consumer staples
Volume is from the volatility ETF (VXX):
A close-up view of the VIX
Index put / call aka. hedging:
TRIN
Sell / Buy pressure: