The Lies Will Continue Until Morality Improves

Mid-term game show host election farce today

Americans have 8% confidence in the obligatory lies and bullshit

There are a statistically irrelevant few who don't want to be lied to. Then there are those who insist upon being lied to. Then, the silent majority who don't have any real choice...

Another Domino Falls

Risk in credit markets has been diverging from stocks since the start of this year

Credit Spreads

We've never seen this before...(it's probably nothing)

The High Yield bond ETF as a ratio of long-term Treasury prices. 
Correlation w/S&P 500, lower pane.

Everyone's going to act so surprised when this all collapses like a cheap tent.

h/t MW: The Only Divergence that Matters, Nov. 3, 2014

OPM: Other People's Money

ZH: Nov. 3rd, 2014

Unhedged funds were obliterated in October

"Someone" soiled their underwear and reached for protection at the bottom of the steepest short-covering rally in years

The average hedge fund was down -1.7% in October compared to the S&P which gained 2.3% in October. A massive 4% performance gap a mere 8 weeks from bonus time. 

Singularly correlated hedge funds were shorting the Russell 2000 small cap index which had been underperforming all year until it rose 11% in three weeks (see below).

Bloomberg, Nov. 3rd 2014: The S&P benchmark is getting away from fund managers

 “The only way you’re going to pick up performance is by being fully invested.”

“In the next two months, we’re going to see people add a lot more risk and that’s going to help the market rise.”

Russell 2000 Small Cap

Now versus 2008: 

Single left shoulder, double head, double right shoulder. 

So far, so bad...

Well, as long as it's someone else's money, why not?

Archaeology Today

Since blogging about reality in real-time, is the functional equivalent of pounding sand up my ass, I'm switching to archaeology instead.

The blog of course won't change a bit - the only difference is that the target audience will show up a bit later (aka. post-burial).

In the meantime, don't blame me if casino bets are not working out as expected - this non-recoverable rocket launch to oblivion wasn't my idea.

35 Years of Voodoo Economic "Success"

Mid-term Democrats are shunning Obama's pseudo-recovery consisting of 8 million McJobs costing a mere million dollars of debt apiece
After all, when it comes to lying, let's not be ridiculous

This Just In via Bloomberg:

Speaking of ridiculous, 70% of Americans saw their real median wages decline 9% since 1979 i.e. those without a degree. Those with a degree, saw a 23% total increase which equates to .63% per year. 

Deflation #Winning! Abject failure is the new "success"

For the miniscule few who still care about such trivial things as facts, below is the Deflationary Body Count. Despite the assertions of rampant liars, the home team is not #winning!:

Then, there were none

While denialists were talking non-stop about the great "bull market", Globalization claimed ~75% of major world markets in broad daylight. The rest are on borrowed time and money.

The denialists have merely inverted the term "success", similar to their self-inflicted war against ISIS. Now, being a massive lying failure and getting away with it for as long as possible, is the definition of "success". Cue mid-term game show host elections.

BTFATH: Careful What You Wish For

ZH:

The Halloween Yen Massacre Sends Markets to All Time Highs

The Psychos are scraping up the last fools...

The Last Temple

People will believe anything, if it goes on long enough

Fed heroin has been flowing for 37 months straight
Printing money to buy stocks ends today.

Dow with Fed Balance sheet (Click here. for Fed balance sheet data)
Correlation lower pane (i.e. 96%):

People will believe ANYTHING. It's only ever a matter of time.

Late Stage: Mental Breakdown

People don't want the truth. They can't handle the truth

One of these countries makes things, the other buys things

One of these countries shut down on average 17 factories per day between 2000 and 2012. The other one created thousands. 

One of these countries borrows, the other one saves

The country that borrows has a minimum wage of $7.25/hour. The country that makes things has a minimum wage of $.80/hour, yet both countries compete on the same world markets (?)

One of these countries says it's Capitalist, the other one says it's Communist. When in fact, they're both Fascist.

The "Capitalist" country prints money to make billunaires fat and happy while everything falls apart in the background

The "Communist" country builds empty cities to keep billunaires fat and happy while everything falls apart in the background

Beggar Thy Neighbour (and thyself)
One of these countries is the biggest net debtor nation in the world and the other is the second largest creditor nation in the world. The chance that any of that debt will get paid back is the limit approaching zero. The fact that the U.S. stock market is rallying throughout this historically unprecedented estate sale, while the Chinese stock market is at levels seen 8 years ago, should have been one of many clues that this disaster is circling the toilet.

Monetary Euthanasia Visualized: 
Dow with Fed balance sheet versus Shanghai Composite

People don't want the truth, what they want is another season of the Kardashians and their daily infotainment enema.

The Dow Prozac is running out - we are witnessing late stage mental breakdown in every direction while the stoned masses pretend that rising violence is just the latest season of Breaking Bad.

Which Stocks Should I Buy in a Collapse?

Three scenarios:
One is Halo Crash. Two is 1929-style waterfall. Three, the indefinite impossible

German DAX
A Collapse taking place in broad daylight while jackasses debate whether it can even happen
Head and shoulders top with backtest

If you were conned into believing that all of this will go on forever, then you've come to the wrong place...

Ponzi Capitalism is Collapsing from the Outside In

But unfortunately you can't convince people that the impossible is not possible, even when it's falling apart right in front of their own eyes

This blog is like pounding sand up my ass...

Deflation: Collapse in Broad Daylight

(T-)Bonds or Stocks? Who's right?

Hint: 

ZH: In the past two weeks, stocks re-coupled to bonds eight times...

Longer-term, in the past 7 years, bond yields peaked prior to stocks, four times.

Now, yields are have collapsed down near Lehman levels. What? Me worry? 
Not this circus of buffoons.

A collapse in broad daylight while the gamblers were figuring out which stocks to buy

5+ Reasons Why "Reset" is Necessary

Collapse: Path of Redemption

"The ancient Rabbis contrasted God's sovereignty with the rule of Rome. Rome seeks its own glory, wars against other peoples to subjugate them, revels in material existence, lives off the work of slave labor, allows many to die of poverty and starvation, and promotes entertaining circuses and gladiator spectacle. The Rabbis, picturing redemption, remark that the messianic age will be recognized when an end is brought to the rule of wickedness." - Solomon Schechter

So be it.

Taking The Easy Way Out Is Killing People. Literally

A Comfort-Seeking Society Approaching a Brick Wall

The overriding theme of this era with respect to the "three Es" - energy, environment, and economy is to delay and defer as long as possible. To allow these disasters to accumulate by all means possible, and then push them onto the children and grandchildren.

I know a lot of people who have died of cancer recently for much the same reason - deferred responsibility towards their own polluted bodies. People my parents' age (mid-70s) and younger, who thought nothing of treating their own bodies like a toxic waste dump. Anyone who will desecrate themselves is not going to think twice about desecrating this planet or even their own children. 

Soft and Disease-Prone

This drive to "simplify" everything is at the root cause of all ignored human-led disaster. It's reaching a brick wall. It turns out that taking the easy way out is not the secret to human happiness and health. Some amount of adversity, hard (real) work, and real sustenance is necessary in order to condition the mind and body for long-term survival. Constant comfort-seeking taken to its natural limit in combination with Soylent Frankenfood, has left people soft and disease-prone.

The consumption-oriented lifestyle is self-imploding
At this late stage, having sought the easiest way out of every situation for years and decades, most people are no longer capable of contemplating a more sustainable path forward. Now, merely pretending and keeping up appearances takes up all remnants of their massively depleted energy. To them, any "reset" is wholly unthinkable, which is what makes it inevitable.

Collapse is only possible if enough people assume it's not possible  

Ebola: Thinning the Herd

Reality is not a fucking conspiracy

Rapper Chris Brown tweeted this week that Ebola is a form of population control. The Idiocracy went bat shit. It never occurred to any of them that Ebola is in fact nature's ultimate form of population control. Consider it just one of the many gifts from globalization and the commensurate shrinking of this "hot, flat, and crowded" planet to accommodate 7 billion people. Now the galaxy's largest petri dish.  

The related news was that the mortality rate for Ebola is 70% versus the previously believed 50%. Again, there was a dunced response from the lamestream. People seem to think that 70% is worse than 50% whereas it's the other way around. Earlier strains of Ebola had 90% kill rates. These more virulent strains never became a pandemic because the virus killed people so quickly and efficiently that it never had a chance to spread. Now the virus has mutated, delayed onset of symptoms and lower mortality means that the virus now has time to be spread globally or even worse "carried" by someone immune to its worst effects.

Then there was the news of the second nurse in Texas who contracted the disease due to a "breach in protocol". Let me get this straight, they spent a thousand dollars per hour fighting this disease in one patient and still two nurses were infected. That's not a fucking breach of protocol that's a disaster. No one goes to work saying "I'm going to see if I can get Ebola today". How are these hospitals going to fight a disease that costs a thousand dollars per hour to "treat" but where 70% of the patients die anyway? Who picks up the tab for that? And what sane person would ever go to a hospital that is accepting Ebola patients? I see a certain economic dilemma. And therefore, what chance do African nations have of fighting this disease? Zero. Healthcare workers in Liberia threatened a strike to protest the extreme hazards. Stay tuned for future events. Eventually they will just have to quarantine the victims. No sane healthcare worker should want anything to do with this disease. 

And don't even think about the use of this virus in biological warfare, just assume that every terrorist organization in the world is working on obtaining the cheapest and most powerful weapon ever created.  

Population control. Indeed. 

Soylent Frankenfood: We're already being killed off

Over the past several decades frankenfood companies swapped out real food for fake food, in broad daylight

As of today, 90% of food in the grocery store is laced with hydrogenated oils, high fructose corn syrup, denatured wheat flour, soy isolates, genetically modified foods (gmo), pesticides, antibiotics and other chemical inventions. And yet the branding and marketing of these products is the exact same today as it has been for decades. In other words, the name of these products stayed the same, but the contents were swapped from real food to fake food. And governments just let it happen. Clearly, replacing real food with fake food was the only way to sustain 7 billion people. However, the disease-ridden consequences of these actions are only now being fully realized. 

Soylent K "Original" (since 1956):

FoodFacts.com health grade: "F"

(Bear in mind that GMOs are not required to be labelled)

The sociopathic corporations and their sociopathic executives, lie to us constantly and poison our children

Wall Street Still Burying ETraders

Despite the recent market turmoil, Wall Street cranked out 10 IPOs in the past week. Three yesterday alone, during the biggest Dow drop in several years.

IPOScoop: Of the 21 IPOs so far in October, 10 are negative. 

Fuck Kyoto

Fracking Shellacking aka. FRAK ETF

WSJ: Fracking Breakeven: $80-$85

CTI: Half a trillion at risk

Corporations are Middle-men

People make things and people buy things. 

The sociopathic corporation sits in the middle and uses East/West labour arbitrage to extract inflated profits, while politicians look the other way and euphemistically refer to the entire slave trade as "the economy". No amount of profit will ever be deemed sufficient to the limitless growth machines known as corporations.  And no small business will be able to compete when marketing shells can source Third World labour at 80 cents per hour.

Only when balanced and sustainable trade is maintained and profit extracting multinationals are out of the equation, will full labour employment be achievable. The rest is hyperbolic bullshit.

No conscience, no home, no culture, no belief, no soul. No future.

Peak Liars and Peak Fools: A Generation of Gamblers

The generation that never learns

Just five years ago in 2009, today's generation of investors swore they would never get conned again. At all costs, they would avoid the same mistakes that had brought them to the depths of despair. They had been conned into being Wall Street's bagholder in 2000 and 2007. They also bought into the housing bubble and the subprime delusion. Many investors like myself, quit and walked away, gladly willing to accept 0% on savings over another roller coaster ride with psychopaths. However, the fact that this cycle is repeating on an even greater magnitude despite the economic destruction wrought the last two times, shows there are still a disproportionate number of fools running amok. Those who don't learn not to trust psychopaths, are doomed to be monkey hammered into fucking oblivion...

Rich Man's Panic

Groupthink

Groupthink is a psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome. Group members try to minimize conflict and reach a consensus decision without critical evaluation of alternative viewpoints, by actively suppressing dissenting viewpoints, and by isolating themselves from outside influences. Loyalty to the group requires individuals to avoid raising controversial issues or alternative solutions, and there is loss of individual creativity, uniqueness and independent thinking. 

The dysfunctional group dynamics of the "ingroup" produces an "illusion of invulnerability".

Correlation is Annihilation
Hedge fund correlation:

Shellacked: One Year of Global Gains. Gone

U.S. Dow negative year to date

Global Dow has given up 12 months of gains

The frogs in boiling water still haven't panicked...

Frankenfood Update

Corporations maximizing profits by spreading disease
And pharmaceutical dependency to finish the job

16 Cancer Causing Foods You Probably Eat Every Day

1) Microwave Popcorn:

- A chemically manufactured food-like-product

- Linked to infertility in women

- GMO

BTFC: Buy the Fucking Collapse

Welcome to the Hotel Californication
Percent Bears: 14% 
Twenty-seven year low 
Back to 1987 just prior to the crash...

Ebola is not the next AIDS. It's 10x Worse

Latest headline: "Ebola is Next AIDS"

You can't get AIDS from touching an airplane seat that someone else touched two days ago

Ebola is the deadliest virus in world history without any comparison. The average person living in these African nations now struggling to get the disease under control, subsist on $1-$2 per day. AIDS treatment is currently estimated to cost ~$10/day. 

Proper Ebola treatment costs $1,000 per hour

Instant Meltdown. Just Add Panic

As is prerequisite, the stoned Idiocracy is still stewing in its own juices and keeping up with the Kardashians. 

Chart of the day: "Distribution"  

aka. institutions selling to the usual bagholders (down volume - up volume)

This sets up system test for Skynet...

Worshipping Markets While Everything Circles the Drain

A Fitting End to a Massively Corrupt Society

Given enough time, the Casino becomes more important than what it represents...

Mid-Term Game Show Host Elections: In Four Weeks

Congressional Approval Ratings (Percent):

Data from: 

http://www.gallup.com/poll/175676/congress-approval-sits-two-months-elections.aspx 

(I took the highest rating from each year):

From 16% disapproval to 16% approval in 13 years:

Wages, GDP, Profits: