Tuesday, May 2, 2017

End Of Ponzi: One Clown To Rule Them All

The realtor-in-chief extended this cycle for a bit longer than normal. After all, the critical aspect of any Ponzi scheme is to maintain the delusion as long as possible, by any "means" possible:




Speaking of Skynet, strength in mega cap tech has masked deterioration in the broader market. Anyone who is not trading 3x leveraged ETFs on the S&P 500 is getting massacred. Meanwhile, the top performing Dow stock in the 4th quarter was Goldman Sachs, which is now imploding. The top performing Dow stock in Q1 was...






Cummins makes industrial engines for trucks, boats etc:



Canada is experiencing its own subprime moment in real-time, fully ignored by the lamestream shite media...

The bank run in Home Capital Group:




Is spreading to other subprime lenders




Is spreading to Canada's "fortress" mainline banks, which happen to have peaked in 2007 coincident with U.S. stocks:



In other words, outside of big cap tech, the bodies are piling up across every other sector...

Tanger Retail Outlets:



Autonation:




Qualcomm (wireless semiconductors)




Verizon 




Kelloggs




Northern Trust (Wealth Management)



Norfolk Southern (railways)