OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Peak this…peak that….the end is nigh, brother, the end is nigh!

Posted by Richard640 @ 18:46 on April 25, 2018  

Wednesday, April 25, 2018

The Beatings Will Continue Until Morality Improves

Peak consumption
Peak corporate profits
Peak leverage
Peak speculation
Peak asset values
Peak delusion

The Idiocracy is boxed in by their own amoral bullshit. What can you say about an aging generation of thieves and con men willing to steal from Social Security, raid Obamacare, and plunder their own grandchildren to fuel their insatiable profligacy? Nothing good…
 
And yet, sadly there is no *free lunch* in markets, so with each tick higher in bond yields, ironically, the Trump tax cut is monkey hammering stocks. The inevitable consequence of fiscal impropriety, unforeseen by a generation of thieves and idiots.
 

Who would tell them this could happen? Wall Street? Car-Salesmen-turned-investment advisors? Larry Kudlow? CNBS?
 
It’s Supply Side Ponzinomics taken to its level ’11’ self-destructing conclusion. 

“With the 10-year yield hitting the 3 percent mark, financial markets around the globe have fallen, with European and Asian indexes trading in the red Wednesday.”

http://ponziworld.blogspot.com

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.