MW: U.S. Savings Rate Lowest Since Beginning of Last Recession
"Add this to the list of things to ignore"
I was going to post "Trick or Treat" as the title, but last year I did that and Donny Trump popped out the other side of the election. This year would summon the Kraken...
The problem with Ponzi schemes is that they're a zero sum game. So once the last dunce is found, there's no one else to lure into the trap. And there is no way out.
Yen carry traders are very optimistic ahead of the BOJ tonight. We see how that worked out last time.
I mean every time. After all, free money is like crack cocaine to this Idiocracy...
Here is the Rydex bullish/bearish ratio going back 20 years
Any questions?
Herein lies the problem. The Dow casino is record overbought and 10% above the 50 week moving average. It's been a record 16 months without a reality check.
The name of the game since the election is 'BTFD', which works great until it fails catastrophically, like everything else around here...
And then you kiss your assets goodbye
Because the last fool was found
And there's only a handful of mega cap stocks holding up this creep show. I mean beloved exploitation scheme...
aka. the largest stocks in the casino - Microsoft, Google, Apple, Facebook, and...
Yen carry traders are very optimistic ahead of the BOJ tonight. We see how that worked out last time.
I mean every time. After all, free money is like crack cocaine to this Idiocracy...
