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.

Thursday, June 30, 2016

Fear Of Missing Out. On Collapse

Relief over Brexit has them going FULL MANIC...For Team Greedthink of course it's all about quarter end window dressing and volatility compression ahead of the long weekend...

Marking up the end of the quarter, where have we seen that before...

It's called wave 1 down. And wave 2 up...

The CasinoNomic momentum algos were in maximum overdrive to fill the Brexit gap...but fell just short:

Got quarter end window mark-up volume?

Got blow-off volume?

Oil versus stocks:

I mean Deflation, Treasuries, JPY, Oil versus "Stocks"...

Price is not keeping up with volume

Treasuries and JPY

Global Dow, not impressed:

Momentum is critical in CasinoConomy