I've come to realize that most of my life has been controlled by Supply Side circus clowns. As long as they get fucked over this time, I'll live in a cardboard box.
You see Trump was sold as a saviour but all he is really is the latest re-incarnation of tax cuts for the bailout class, masquerading as something different. The fact that he got off his leash is purely a function of bottomed out IQ. After George Bush, really where to go? 2008 didn't stop them from rolling the dice all over again. They remind me of my crack addict relative, or two. Same dumbfuck ideas, always expecting a different result...
Fed head Powell confirmed that more rate hikes are coming. Trump confirmed more trade war is coming. U.S. speculators went into manic blow-off mode on the news.
In summary, U.S. stocks closed the week at record highs. The rest of the world just got Jackson Holed...
FinTech is leading the party:
Artificial Intelligence stocks, proving what this society has in abundance.
Nothing unusual here...
The mythical jobless consumer is alive and well. Backbone of Supply Side Ponzinomics.
Living with Sasquatch and the Abominable Snowman
On a cap weighted basis this is the first three wave correction for internet stocks.
Indicating that third wave down is the next most plausible scenario...
What I'm trying to say is...
Some people need to look at charts more often:
Because the rest of the world is right.
The party IS over...
"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"
