This is what happens when you buy things that don't have any intrinsic value, and there's no bigger fool to be conned:
So it's entirely apropos of this pathetic era ahead of Labour day weekend no less, that stocks closed higher today on the news of weaker than expected jobs and wages, since that means the Fed is on hold with rate hikes:
We'll find out in the coming days how bullish wage deflation is when the hot money flows back to Japan deja vu of 2008:
After their best monthly gains in over a year, Treasury traders locked in profits on the first day of the new month. That's all.
Now, to complete the lesson, it's capital's turn to go under the bus. What we face now is 2015 x 2011 x 2008 x Y2K. But don't take my word for it, for that we turn to the IQ test for stoned zombies...