Thursday, January 11, 2018

Davos 2018: Bullshit Trap

Today's global pseudo-elite will be surprised to learn that this time they're the ones who got conned. Compliments of Faux News and faux reflation...

The reason why the Reagan tax cut spontaneously imploded is because gamblers got too excited. But not as excited as they are now. Imagine all that *free* borrowed money falling straight to the bottom line...




There are always warning signs, if one knows where not to look...



Billy Gross' bear market in bonds already ended. It lasted about 24 hours...the cure for high interest rates is high interest rates...




One of these is fake news...the other one is "risk off"...




As we see from bank stocks, some people really like Faux news...










Unfortunately the rest of the world didn't get a tax cut, so this will end overnight...