Wednesday, July 26, 2017

2015 x 2011 x 2008 x Y2K x 1997 = MEGA PONZI

"...then Trump asked the magic genie for 4% GDP growth and a weaker dollar. The genie replied 'you're a fucking dunce' and walked away. Fed PhDs however, were true-believers in fake-believe Trumpflation so they quickly raised interest rates to tank the economy and the dollar. Stoned gamblers were too busy taking record high risk at record low fear, to notice the minor difference..."

The CBOE Volatility Index (.VIX), widely considered the best gauge of fear in the market, fell Wednesday to its lowest on record.

"Great news, no more of that reflation bullshit"

"Our work is done here, we've deflated the economy. Go buy more Netflix"






Donald Trump can’t point to much in the way of legislative victories over his first six months in office, but he might have something to crow about when it comes to a weaker U.S. dollar.

“Much of the world has been waging a cold currency war since the autumn of 2016, and so far the winner is Donald Trump,” 

Overnight risk:

"By doing nothing for six months while the Fed tanked the economy, I won. As usual"

All together now...