Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Monday, February 29, 2016

The Fastest Collapse: Momentum Is To The Downside

Profits have been rolling over for four quarters straight and are now accelerating ahead of stock prices. Corporate debt is the highest level ever compliments of 0%. Stocks and profits will now collapse at their fastest rate in history...

Global Dow:
(Commodities in background)

Global Dow short-term (w/S&P):

China/Japan Carry (Yen / Yuan) w/S&P 500:

The equal weight / cap weight S&P ratio has now "corrected" the former decline...

Momentum ETF:
The biggest momentum stocks are back in heavy resistance
Top holdings: Facebook, Amazon, Google, Nike, Home Depot, Starbucks i.e. ALL of last year's biggest winners...

Profits already have a headstart on the economy and stocks...

Corporations have been binging on debt at 0% for stock buybacks and special dividends...