MAGA: Make Alzheimer's Great Again

This farce only makes sense through the lens of an enfeebled, incontinent old man, debasing himself on a daily basis. Which is how it ends for all old men, by the way. Those in the mainstream media attempting to rationalize insanity, are forfeiting their own sanity to do so. In any social circle having an IQ above 5, this man is a pariah. To say that there will be rage directed at this man when he final implodes everything, is a vast understatement. In the meantime, keep up the good work...

"One minute I held the key

Next the walls were closed on me

And I discovered that my castles stand

Upon pillars of salt and pillars of sand"

Trump is now fighting wars on about 25 different fronts, and winning all of them. But only on Twitter. His TV ratings are through the roof. Trump's constant need for affirmation is his biggest weakness. He has to constantly find new ways to throw the rest of the world under the bus, to delight his base of demented hillbillies. He can count his friends in the millions and his enemies in the billions...

It took only a matter of hours for China to find Donny's wide open flank: 

"It's not hard to imagine a scenario whereby China encourages Saudi Arabia and Russia, the world's top oil exporters and partners in the agreement to restrict output, to pump more crude."

China would then buy the additional Saudi and Russian output, using it to replace cargoes from the United States"

The Chinese have probably calculated that they can take the pain from a trade conflict longer than Trump can"

The Ponzi oil reflation trade was already unwinding without any help from Donny's trade wars. This is Friday close:

Oil is now down -14% from the highs three weeks, ago, as oil speculators re-discover the joy of margin calls...

Strong dollar is also pounding oil. Which means that the dollar is accelerating deflation through offshore credit markets and now the oil market...

Make Alzheimer's great again...

We can thank Jeff Gundlach for sponsoring this three month short-covering rally, led by Fadebook of all stocks...

The rest of the world is sending a message via overnight gaps, but so far it's still BTFD: Buy The Facebook Dip