Markets Don't Live On Bullshit Alone

There's a reason no one sees collapse ahead of time, they don't want to appear foolish or incompetent. Because when it comes to being a serial-conned dunce everyone knows there's strength in numbers...

This week I, Clownius paraded his new invisible tax plan for all to see...unfortunately, markets don't live on bullshit alone:

"If production and sales are trending lower, hiring more workers doesn’t make sense. And yet that is what the Bureau of Labor Statistics reported for August, based on its survey of businesses. Most likely, the data showing a spike in hiring is simply noise. It didn’t happen, and will probably be revised away."

"The Emperor's New Clothes" is a short tale written by Danish author Hans Christian Andersen, about two weavers who promise an emperor a new suit of clothes that they say is invisible to those who are unfit for their positions, stupid, or incompetent. When the emperor parades before his subjects in his new clothes, no one dares to say that they don't see any suit of clothes on him for fear that they will be seen as "unfit for their positions, stupid, or incompetent"

Ten months from the election, and Trump's tax plan remains 100% sheer fantasy believed by everyone. In the meantime, higher interest rates have been monkey hammering borrowers. Unfortunately, time has run out...

"Tax reform is due any minute now"

This week, Trump touted his new invisible tax plan:

Trump's Punts Tax Plan To Congress Who Haven't Figured It Out Either

Goldman Sachs Secretary of the Bailout, Steve Mnuchin, further clarified:

We Have A Very Detailed Plan Coming Soon...

Which is interesting, because that's exactly what he said five months ago:

April, 2017:
Steve Mnuchin: Major Tax Plan Is Coming 'Soon'

Now if you're some sort of Alzheimer's ridden geriatric watching Faux News marathons, then one could be forgiven for believing in this serial B.S., however, markets do not live on bullshit alone. Aside from post-payrolls volatility compression, there is NOTHING holding this fantasy up any longer...

Aside from Bitcoin and Fucktoken

Although the Bitcoin Trust is getting monkey hammered ahead of the long weekend:

Today's goal, kiss Dow 22,000 goodbye...

Who do you trust?

No, really, which one of these clowns is right?

"When Obama leaves to join me every weekend on the golf course, you're going to see some very bad things happen"