This week is starting off where last week ended - EM implosion, and mega Tech rally. Today flashed the Zuckerberg Omen - the dreaded scenario wherein the global financial system hinges on one massively overowned and overvalued Tech stock. This gong show isn't so much going to crash as explode...
I'm eyeing the early Feb analog, post Central Bank sponsored short-covering.
The Dow is bearing the brunt of "fun and easy" trade wars. Now down five days in a row, as Skynet works overtime to keep it together...
The Dow is bearing the brunt of "fun and easy" trade wars. Now down five days in a row, as Skynet works overtime to keep it together...
It's a bad time for the Zuckerberg Omen...
Everything else is good to go...
The last cabal of liars meets on Friday this week, completing the month of global synchronized lying:
"Friday’s OPEC meeting of the cartel is likely to see Saudi Arabia and nonmember Russia prevail in boosting oil output despite the objections of Iran, Iraq and Venezuela"
The last cabal of liars meets on Friday this week, completing the month of global synchronized lying:
"Friday’s OPEC meeting of the cartel is likely to see Saudi Arabia and nonmember Russia prevail in boosting oil output despite the objections of Iran, Iraq and Venezuela"
Any questions?
For the segue to the 2016 analog...
More crash than segue
More 2008 than 2016
