A nice lady lays out the basic macro picture:
https://youtu.be/xVOSfxXBKb0
Any questions? FRED data a little too tinfoil and edgy?
Have you heard about the Bridgewater move?
https://www.zerohedge.com/news/2018...assive-22-billion-here-are-targeted-companies
To reiterate:
- The only thing that can save these bubbles (in everything but commodities) is continued massive money printing.
- The G4 central banks said they are tapering. You saw what happened when they tapered just a smidge.
- If the banks stick to their stated policy, the bubbles are effed, and if you are long these markets, that's on you.
- If the banks look at what just happened and reverse course, and print to infinity, then we go long for DJIA 50K. If they do something in between, then stagflation like Greenspan says.
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To call this perspective "gloom and doom" is to miss the point, and to project your own weak psychology. The crash, if it comes, will be the greatest opporunity to make money in mainstream securities markets in forever. The majority of the population will be effed, but hey, Wall Street insiders will be front-running this so all is well there.
Speaking of which...
https://www.zerohedge.com/news/2017...ng-desk-lost-money-just-two-days-past-4-years
Can the hopium afficionados not see how dirty and rigged this game is?
And what do you call it when the "wealthiest" country on Earth has about the longest "recovery" on record, and the net result of this amazing economic activity is gov't shutdowns and budget deficits to infinity? This is a string of good years, apparently.
You do understand that the debt can never be repaid in real terms, yes? So did the foreign creditors, which are all gone now, except for those held hostage. Now it's the pension funds - i.e. sheep.
Deficits - exponentially accumulating debt - in perpetuity. This is what the data says, it is reality, it is fact. It is not a "gloom" opinion.
Nature says that all exponential processes are not sustainable. Please to do the needful and connect the dots.
Now I am not at all saying that there is not money to be made in this environment. All I am saying is that this is not an economy, but a bankster crime scene. Vigilance is paramount.
Losses have been socialized - Too big to fail! Too big to jail! - and risk has been transfered to the sheep.
And in my humble opinion, downside risk is way, way higher than upside potential. The only thing that can sustain the bubbles is printing. Absent that, Ray Dalio with his 20+ billion Euro area short will be the first to make a ton of money, as that fractured and invaded corpse will implode before we do.
If they don't print.
But if they do, coke and hopium speedballs all around while we party and nominal valuations look great while currencies burn.
AFM and Budman please take note -- this is a certified BPA-free, BGH-free, and politics-free post. D.A.R.E. approved.
We are speaking solely of financial dynamics, and drugs, which are bad, m'kay. Don't do drugs.
). 
