Saturday, December 20, 2014

The Bread and Circuses Are Ending

The Empire is Collapsing from the Outside In
"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

Rest of World As a Ratio of S&P 500 (red line)
(w/S&P 500, black line)



Diverging Markets

Emerging Markets as ratio of S&P


Canadian stocks as ratio of S&P


UK FTSE



France CAC