Friday, June 2, 2017

In Bozo The Clown We Trust




"Job gains in May were not as strong as the market hoped, coming in at just 138,000 vs. expectations of 182,000. On top of the miss, the prior two months were revised down by a total of 66,000"

Since the election gamblers have been totally ignoring the economy, preferring instead the reassuring Twitter barrage of Bozo the clown...

The casino exploded higher and the economy imploded lower...




Trump and his cabal of rabid supporters have done a great job of conning the sheeple...




Gamblers are trapped between the Scylla and Charybdis of dumb and dumber.

Really, what chance did they have?








Recession stocks are leading, along with internet stocks.

Zerohedge calls this the "barbell" approach.

I call it the dumbbell approach...







Treasury bonds and (big cap tech) stocks are now going in totally opposite directions...




Today is about closing Amazon over $1,000




At all costs.






USDJPY




...When gamblers get trapped in the casino. You know, like last time...









And the worst performing Dow stock of the week is...


A subtle warning of what happens to those who trust serial psychopaths and Bozo the clown...