Tuesday, July 29, 2014

Everyone's Onboard for Another Ground and Pound

Belief in the Grand Lie is Complete
If you're wondering why everyone seems so fat and happy, it's because they are:  The Dow Jones Mind Trick has artificially manipulated the "consumer" sugar buzz back to decade highs. All while ETraders borrow unprecedented amounts of money to gamble in the same casino that robbed them the last two times.
   
Consumer CONNEDfidence is at the highest level since October 2007 i.e. the last time the stock market peaked. The prospect of global war and a slowing economy gives jobless consumers great confidence.

All Eyes on the Dow Jones Prozac Dispenser
It's taking a lot more Dow Prozac to achieve the same "high" as last time...


This just in:
"Wells Fargo found that after-tax income fell for the bottom 20 percent of earners during the 'recovery'"

Jobless "consumers" are confident they can bankrupt themselves and their grandchildren




"U.S. recovers all of the jobs lost in financial crisis"
The "recovery" consists of a doubling in McJobs




Labor participation rate



Rule #1: "Don't Get High Off Your Own Supply"
Momentum Feedback Loop: A circle of jerks
NYSE Margin Debt


Grasshopper or Ant?
None of this has anything to do with charts, facts, or data. This is strictly about a populace desperate to be lied to and a country club full of psychopaths more than happy to oblige: