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.

Monday, April 3, 2017

All Warnings Assiduously Ignored

Ignoring risk is the Idiocracy's specialty...

Skynet's VIX compression algorithms were working overtime today to keep Amazon bid to a new all time high, everything else continued to implode in real-time...

All good since Skynet prefers to sell at night anyway...

YieldPlosion was the theme of the day, as the stock to bond rebalancing continues:

USDJPY is following yields lower, closing at the lows of the day, diverging from stocks:

Despite Amazon's continued levitation, Big Cap Tech (NDX) overall has gone nowhere for two weeks straight.

Currently sitting at the exact same level from which it imploded last time. I'm sure it will be different this time...

ZH: Insider Selling At Six Year High

These intra-day failed rallies mean that money is flowing out...

Who knows what that means?

The burden on Amazon to carry this market can be seen here via the Equal Weight / Cap Weight ratio, diverging slightly:

Banks