Davos 2018:
Any questions?
How do you con the same sheeple over and over again? First you dumb them down. Second, there is no second step...
It's called 'Voodoo Economics' for a reason - you have to be a mindless zombie to believe in it. In other words it fits this brain dead society to a "T". Forty years of brain washing later, and there's not a brain cell between them.
What happened, is that Republicans wanted a dumbed down base which would reliably vote against their own economic interests every time. And they got it in spades - a dumbed down base. But now their Frankenmonster is off the leash wreaking havoc and voting for Trump, so forth and so on. But don't take my word for it - from the NeoCon man himself: (No, I didn't read the article, since I don't get between dueling dumbfucks...)
The RepubliCon tax cut has led to a global blow-off top in manic risk-seeking. Unbeknownst to zombies, most bubbles have already popped, with a couple notable exceptions...
Here is what has already pumped and is now dumping:
First off, contrary to the continuous assertions of copious Madoff acolytes, the global crypto bubble has popped. They thought there would be more dumbfucks to follow, but there weren't unfortunately...
"We seek the safety of crypto currency"
The real estate bubble has imploded as well, the victim of rising interest rates:
The dollar carry trade bubble is over. Yet another firm rejection of voodoo economics. Yields are hanging tight to see what Donny says about infrastructure on Tuesday. Then they'll implode as well. In other words, one of these is right, the other one is hanging on copious bullshit. For now...
"Trump's latest remarks about the dollar diverge from his past comments. Last April, Trump said he was worried the dollar was "getting too strong."
"I misinterpreted me"
The short volatility bubble has imploded. Although the Chinese internet bubble is still parabolic:
The fake reflation bubble hit the brick wall of imagined reality this week.
Yes, again:
Which is why the Transports bubble is rolling over
The crude oil bubble went further parabolic this week, but it's only a matter of time before that implodes limit down:
The Biotech bubble went vertical this week, and we already know how bullish that is:
Speaking of vertical Chinese Tech stocks, the Hang Seng hasn't been this overbought since, well, you know...
Here is where it gets interesting, because option skew crashed this week:
Meaning that investor protection is at the pre-Flash Crash low of August 2015:
As long as Netflix doesn't implode, this should all be fine:
