Tuesday, April 25, 2017

"NO RISK" aka. Hazardous Immorality

Central Banks have ensured that "no one" sees it coming. What is known as "moral hazard":

"lack of incentive to guard against risk where one is protected from its consequences, e.g., by insurance"

Escalating tensions between the U.S. and Russia, China, Syria, North Korea, Afghanistan, and Iraq

Trade war with Canada

Slowing economy

Rising interest rates

Record high oil inventories

One year commodity trend line broken

Imploding retail sector

Imploding auto sector

Dow Transports non-confirmation

China stimulus wearing off

Trump reflation trade unwinding

Forward profit expectations declining

Impending French election to decide fate of EU

Brexit in progress

Circus Clown President

"No risk"

"Whatever Forrest Chump says, believe the opposite"

CNBC: The Best Performing Sector Is The One That Opposes Trump