Human history's largest crime syndicate, aka. The RepubliCon Party - robbed the Treasury in broad daylight. Yes, again...
The Global Financial Crisis was caused by historically unprecedented rapacious greed. The bailout of which gave license to even more asinine levels of profit extraction. The definition of being a dunce is trusting the exact same psychopaths over and over again, each time expecting a different result...
The entire tax cut got (fully) priced in to the casino in January; subsequently allowing insiders to cash out at a record rate leaving the usual bagholders left holding a disastrous trade war...
ZH: Emerging Market Currency Annihilation
This Matrix-like fabrication is not a coincidence, the disposable sheeple exist by and for the purposes of serving Wall Street and corporate insiders. Sadly, once again, the useful idiots are approaching the end of their useful life...
"The magic show of the summer’s IPO market closes this week"
Looking back over the last 10 summers, starting with 2008 and running through 2017, the SEC filings show that the IPO Calendar normally closes down in mid-August."
All three rallies have final imploded in August...
Bulls are expecting new S&P highs any minute now. Failure at this level is not an option. Those who focus solely on the S&P 500 as a measure of global, economic, and financial health are in for an extreme revelation. Because beneath the surface of the algo-levitated casino lies ten years of rot...
This month marks the longest bull market since Y2K (aka. in history), and coincidentally it also features the longest S&P correction since Y2K:
The Global Financial Crisis was caused by historically unprecedented rapacious greed. The bailout of which gave license to even more asinine levels of profit extraction. The definition of being a dunce is trusting the exact same psychopaths over and over again, each time expecting a different result...
The entire tax cut got (fully) priced in to the casino in January; subsequently allowing insiders to cash out at a record rate leaving the usual bagholders left holding a disastrous trade war...
ZH: Emerging Market Currency Annihilation
This Matrix-like fabrication is not a coincidence, the disposable sheeple exist by and for the purposes of serving Wall Street and corporate insiders. Sadly, once again, the useful idiots are approaching the end of their useful life...
"The magic show of the summer’s IPO market closes this week"
Looking back over the last 10 summers, starting with 2008 and running through 2017, the SEC filings show that the IPO Calendar normally closes down in mid-August."
All three rallies have final imploded in August...
Bulls are expecting new S&P highs any minute now. Failure at this level is not an option. Those who focus solely on the S&P 500 as a measure of global, economic, and financial health are in for an extreme revelation. Because beneath the surface of the algo-levitated casino lies ten years of rot...
This month marks the longest bull market since Y2K (aka. in history), and coincidentally it also features the longest S&P correction since Y2K:
Bueller?
"He also shared a chart which he claims is “unfit for a family-friendly publication” that shows how in terms of median price to sales ratio, the S&P 500 is twice as expensive as it was in 2000."
"In a follow-up post, he then reiterates how 2018 is starting to increasingly look like 2000."
Then as now, the S&P peaked earlier in the year but went on to make an undercut high six months later prior to final implosion.
Which is where things will be shocking for those who assume that a single stock index is in any way a measure of global solvency - because back in Y2K, the Nasdaq peaked in March and then imploded. For the ensuing six months, the S&P was carried forward by old economy stocks. Whereas this time, Tech has continued to march ABOVE the January high while the old economy Dow has rolled over. The exact opposite underlying situation producing the exact same superficially similar S&P result. So far...
Where it also gets interesting is that exactly one year ago, Nasdaq breadth fell to this exact level at which point the S&P imploded through the 50 day. As we see, that scenario is no longer an option. The 50 day moving average (blue) now marks the July breakout level...
In summary, the Defense has left the field...
Short-covering in retail is "leading" the market now...
Needless to say, this is going to be painful for bullshit lovers aka. Dumbfuck Disneyland...
