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, August 29, 2016
They Don't Stop Lying At The Top
Capitulation Visualized:
The 30 day TRIN which measures selling intensity, was this low in September 2014, then at the prior all time high in May 2015, and again just now at the new all time high...
ZH: August 29, 2016
Extremely high t-bond and stock asset correlation doesn't always lead to a sell-off, only usually...
Obligatory pre-crash short-covering is well along...
SPLV with VIX:
New highs - lows:
Oil is ready for another leg down...
And so is the Chinese Yuan
w/rate of change: