Ponzi World (Over 3 Billion NOT Served)

Wednesday, January 6, 2016

OILbliteration

Oil is tanking because gasoline inventories are near an all time high...

"Last week, the U.S. added 10.1 million barrels of gasoline...It's the biggest increase in gasoline supply since 1993," said John Kilduff, founding partner at Again Capital. "Gasoline prices are going to collapse"

Emerging Market stocks and energy stocks, new lows...

Oil volatility is ready to explode (red line).
WTI price from as of yesterday's close...

This charade is running on fumes
Dollar / Yen...

The CNBS narrative of dunces: "Jobless consumers can benefit from lower gasoline prices"

"It Was A Black Swan Head In Ass Event"

A denialist is someone who enjoys being the last to know

"No blind man saw that coming!"

Tuesday, January 5, 2016

Disintegration In Broad Daylight

Big Cap Tech, Oil, Yen carry, are all rolling (rolled) over hard. Deja Vu of August...

Archaeologists will say that Globalization didn't so much collapse as it disintegrated in broad daylight, during seven seasons of the Kardashians...

http://www.nanex.net/NxResearch/NxLiquidity/

% of S&P above 200 dma (40%):

Nasdaq 100 with Nasdaq Internals:
Only 29% of the Nasdaq is above its 200 dma:

NYSE Composite with % of stocks above 200 dma:

World ex-U.S. with Commodities

EM Currency and EM Debt

Aussie / Yen:

Oil with volatility

Oil with commodities: Oil just backtested the 2009 support line, and failed...

World's largest stock by market cap:

All Aboard The Fake Recovery

A seven year fake recovery non-normalized in terms of fiscal and Monetary stimulus, both of which are still being applied in record amounts.

A lie and fantasy of such magnitude that it's believed by literally every fucking zombie on the planet.

And now even believed by the short-term bond market...

This is the one Year Treasury Yield as a ratio of the Fed Funds rate. As we see, this magnitude of spike has only occurred one other time - after Lehman when the Fed was taking rates to zero...

Long-term Treasuries are betting this all collapses sooner rather than later...

Yield spreads (2 year - 30 year) show how far behind the curve, the Fed is on normalization:

Stock market internals with Fed policy

Monday, January 4, 2016

Apologists for Exploitation aka. The Status Quo

Globalization is in full meltdown in broad daylight, yet today's apologists for the status quo still can't admit that their beloved modern day slave trade is ending...

China can't compete at $.80 per hour so they debase their currency on a daily basis now. In other words, the poster child for Globalization's "success" is now exporting poverty (aka. deflation) at an uncontrolled rate. Globalization's race to the bottom is ending up deep underground via LIVE BURIAL.

Globalization's wealth is as fake as the people who believe in it...not even 4,000 people dying per day in China of pollution could deter today's robber barons from extolling the benefits of Ponzi Capitalism. In the end, China will have thousands of empty factories, ghost cities, a blighted landscape, and trillions in worthless IOUs.

Meanwhile, joblesss consumers in the "wealthy nations" will have cheap junk at Walmart, and zero income. Billunaires will enjoy 100% ownership of worthless stocks.

The apologists for the status quo won't survive what happens after that...