Extreme Greed and Extreme Delusion

How this was always going to end. A stoned Idiocracy ignoring all risk to go ALL IN at the casino at the end of a cycle...

U.S. versus World

Black Swan diving into pavement...
Stocks versus 'Conomy

Cash balances

S&P / Small Cap ratio

Retail

Goldman Sachs

Asset managers

Airlines

Car dealers

Tech:

Berkshire

Global Risk (JPY)

Oil and deflation

Massive options bets on a crash:

Chart of the day has to be this one...
ZH: July 12, 2016
Biggest Short Squeeze Ever