OVERNIGHT RISK. Has Never Been Higher

It's very appropriate that this Ponzi scheme now hinges soely upon fake-believe in the eight year Obama liecovery...

Now that shorts have covered and gamblers are ALL IN, this rally running on fumes is wholly dependent upon the dollar inbound carry trade:

Any questions?

USDJPY:

The dollar is in blow-off mode:

2x Dollar ETF UUP, up and away...

Which in turn is predicated upon the usual recovery fantasy...

Fake-believe is at a one year high:

1 Year Treasury yield:

While stoned zombies wait patiently for the 'Conomy to float back from China:

Amid ever-increasing risk impairity aka. overnight asset "rebalancing" via S&P futures...

And ever-increasing "2am risk"

This is the German ETF, in dollars...

And, oil shorts just covered again. Why, is not for me to say...

Global oil production (red) with US oil ETF: