China Sends Warships, Fighter Jets To Intercept US Destroyer In South China Sea
The Only Way Out Of The Qatar Crisis
http://www.zerohedge.com/news/2017-07-02/only-way-out-qatar-crisis
Above is the main overnight news likely to drive PM’s in a ‘normal/real’ mkt…..but in our non/real/scum mkt we get a 0.5 % drop in price !!!!!! and a 0.25 % rally in the SM along with a small dollar rally. None of which should be possible, without scum action.
Now a DB analyst has quantified this change in reality, which the world is assumeing is permanent and trading off accordingly and it’s huge…
Deutsche: The Market Broke In 2012, “This Is What Everyone Is Talking About”
http://www.zerohedge.com/news/2017-07-02/deutsche-market-broke-2012
Take that along with fact that according to DiMattio Booth in her book Fed Up, near 100 % of Fed employees/appointees have no idea what they are doing, or of how the real world works ie: to all intents and purpose they are 100 % useless and the recipe could not be worse.