The world has been hijacked by demented hillbillies...
The definition of an Idiocracy is a society that trusts the same psychopaths over and over again, each time expecting a different result...
The definition of an Idiocracy is a society that trusts the same psychopaths over and over again, each time expecting a different result...
Any questions?
The dollar and yields are not impressed, since Trump's tax cut for the middle class is solely to the benefit of the ultra-wealthy. As always, don't take my word for it...
For some unknown reason the rest of the world doesn't see tax cuts for the ultra-wealthy as the solution...
Transports not overly impressed either:
"Likely tax-cut beneficiaries long ago wiped out the postelection outperformance that was centered on the initial investor euphoria over prospects for a tax overhaul"
"Among sectors, telecom would be the biggest winner"
Telecom is too busy pricing in recession to price in an imaginary tax cut:
For the past eight quarters, including the quarter reported Wednesday, Cisco has reported year-over-year revenue declines
However, Cisco’s forecast showed optimism that the streak is about to end
Someone has been free-basing Zerohedge again:
"When asked at what price they would sell all of their bitcoin investment, the average investor said they’d be willing to sell at $196,165.78 — roughly 30 times the current price."
I call this chart: "Unrealized gains"
And this one too:
"Don't count your tax cuts til they're hatched"
