Eight Years of Sugar Coated Decay

Over the past eight years everything has gotten worse. But to hear the lamestream bullshit artists and fiction peddlers, everything got better; because throughout this era, the bar has gotten progressively lowered...

U.S. corporate earnings yield (red) with global GDP:

Global GDP worse
Corporate profits worse...

Global Trade weaker

Monetary distortion worse

Global debt, worse

Quality of jobs worse

Household solvency worse

China worse

Oil/commodity glut worse

Carry trade unwind, worse

Bank risk exposure, worse

Global housing bubbles, worse

Goldman Sachs was the center of attention today...

Revenue per share is 40% lower than 2008:
http://www.gurufocus.com/financials/GS

And then there were none...

Apple's iCar got shelved this week

JnJ

Amazon

Microsoft

Berkshire