There is an entire generation of traders and millineal hedge fund managers whom have never seen a bear market. Much less a real interest rate environment. The FED has been broadcasting all year that they are unwinding their balance sheet, and would increase the runoff to 85 billion per month. Look at the October candle here. Any questions? Those who cannot recall the past – or even recognize the past in the first place…will be this years fresh road kill:

  • LTCM Fiasco 1997
  • DOT CON Bubble 2000-2002
  • Goldman Sachs Commodity Bubble 2005
  • Great Financial Mortgage Scam Bubble 2007-2009
  • Central Banks Funny Money Bubble…Stay Tuned

 

 

For those of you who don’t understand candle stick analysis maybe this hilarious cartoon can simplify the current situation for you.