This entire charade rests upon the four major Central Banks, each of which is in various stages of self-implosion. In summary, Japan is the last leg of the stool, and it's already wobbling...
The stool visualized:
MSCI World Index Ex-U.S. with Dow in the background
People's Bank of China: Full Implosion
Current Mode: Full-money-printing-clusterfuck mode
Shanghai Comp: -40%
ECB: Pending implosion
Current Mode: Money-printing-negative-interest-rate-mode
German Dax: -21%
U.S. Fed: Pending Implosion
Current Mode: 0% Fake-believe-clusterfuck-tightening mode
U.S. Dow: -8%. Momentum: 7 year low
Bank of Japan: Pending Implosion
Current Mode: 0% Forever-buying-stocks-mode
Nikkei: -14%. Five lower highs...
