Thursday, January 5, 2017

Trump-o-Nomics For FULL RETARDS

...and those who partied their way through college while developing an unhealthy affinity for vacuous circus clowns...

We don't know the full benefits of Trump's planned tax cut for robber barons - after all, only those living in the Caymans will tell that tale - however, the costs are stacking up vis-a-vis global financial markets and the economy. For a generation raised to believe that exploitation is the best business model, this will be a rude awakening...




Global sovereign bond yields (red) with Global GDP (black):



In the prior post I showed the relationship between strong dollar, industrial output and payrolls. Here is U.S. capacity utilization with payrolls:




U.S. CPI (red) versus gold (black)

Any questions?




Goldman Sachs with U.S. deflation aka. imported poverty...

Doh!!!



Goldman Sachs Accounts for 24% of Dow 20,000 Rally


S&P / Dow ratio




The reflation trade is hanging by a wafer thin jobs report...




When I said mega-crash from all time highs, is it really that hard to believe?

U.S. Markets total new 52 week highs





Bonds have already figured out that Trump is a fraud...


Which portends badly for the massively over-crowded fake reflation trade now in 5th wave blow-off mode. You know, like last time...