The chart above shows the rapidly declining internals within the S&P 500, which in the past has signaled significant declines in the S&P 500. While many big cap stocks continue to hold

“We are in the endgame of central planners’ attempts to keep the lid on the simmering stew of profound imbalances that characterize the status quo. Maintaining the Illusion of Stability

“We’ve finally reached the beginning of the end of this grand policy experiment. As a politician, all you can do now is panic & print. No, you can’t print growth.

The Bank For International Settlements annual review, out last Sunday, reveals  the reasons for the current state of global financial incoherence. At last a major policy institution has stated the

“Americans’ confidence in most major U.S. institutions remains below the historical average for each one,” a Gallup spokesman said in a news release. All in all, it’s a picture of

“He doth bestride the narrow world like a Colossus; and we petty men walk under his huge legs, and peep about to find ourselves dishonorable graves.” Shakespeare (Julius Caesar, Act

The chart above  shows that Personal Consumption Expenditure (PCE) after auto loans, student loans, and personal government subsidies “has been trending down for 5 years and has now gone negative.