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.

Wednesday, November 9, 2016

"Good News, The Biggest Rally Since The Last Bear Market"

Today was all about sucking in the last sideline money for the big Santa Rally...

ZH: Last week
Longest Losing Streak Since Lehman

ZH: TODAY
Biggest Intraday (Short-Covering) Rally Since October 2008

Stop me any time...

Laggards (Financials/Transports) playing catch-up. Check.
Growth / value rollover. Check.
Yield/Munis/Treasuries imploding. Check.
Tech rolled over. Check.
ChinaPlosion. Check.
OilPlosion. Check.
Emerging Market Implosion. Check.

Short-covering. Check.