Monday, December 15, 2014

Bonus Interruptus

"There is no dissent on the market’s future direction"

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."

BonusThink: 
When a bunch of overpaid clever dunces "collaborate" in assuring investors that stocks can only keep going up, in order to con the sheeple into throwing ever-more money into offshore bank accounts, until there is no one left to con and the entire ponzi scheme collapses with extreme dislocation. Yes, again. 

The only dissent is from Skynet, which controls 75% of the Market
NYSE 52 week highs - lows (weekly)



Canadian Stocks: Canary Meet Coalmine



France CAC
Houston, everyone has a problem now...



Emerging Market Debt
You never want to hear the words "Emerging Market" and "debt" in the same sentence:



Carry Trade Currencies
Deja Vu of 1997, it doesn't really matter what the Yen is doing, if these are all crashing...



One chart to rule them all
Global Macro: Canadian dollar, Russian stocks, Oil, Copper
AND I just added: Gold and Brazilian stocks

Heading back to Lehman levels like a horse to the barn...



"Aw fuck, not this again!!!"