How to spot a stock market gone wild pic.twitter.com/Od1dhFqU3q
— Alastair Williamson (@StockBoardAsset) November 4, 2017
Article Warm Water Pulse From the Atlantic Ocean. Interesting to note, lines up w/ stock market tops of 1999/2008 pic.twitter.com/9f0BHnLH1J
— Alastair Williamson (@StockBoardAsset) November 5, 2017
Stocks over 50 (daily) Breadth for Small, Mid, & Large Breakdown.. Trump will need more headlines to correct this pic.twitter.com/dQNUYBlTzg
— Alastair Williamson (@StockBoardAsset) November 5, 2017
The True Story about Retail Sales Stagnation b/c MLNs missing from labor force. Sorry you're only allowed to know MSM Narrative of AMZN pic.twitter.com/XGLzJNtfI5
— Alastair Williamson (@StockBoardAsset) November 5, 2017
#Tesla #Shares plummet below $300 Drop 20% in 10 days signaling a "Bear Market" correction. #Hyperloop #Musk #Ponzi t.co/6decqusHb5 pic.twitter.com/jCBzLzC8kt
— Planet Ponzi (@PlanetPonzi) November 2, 2017
Two weeks after warning of the potential for an imminent ‘Minsky Moment’, the Chinese central bank governor has penned a lengthy article that warns ominously of latent risks accumulating, including some that are “hidden, complex, sudden, contagious and hazardous”
The imminence of China’s Minksy Moment is something we have discussed numerous times this year.
The three credit bubbles shown in the chart above are connected. Canada and Australia export raw materials to China and have been part of China’s excessive housing and infrastructure expansion over the last two decades. In turn, these countries have been significant recipients of capital inflows from Chinese real estate speculators that have contributed to Canadian and Australian housing bubbles. In all three countries, domestic credit-to-GDP expansion financed by banks has created asset bubbles in self-reinforcing but unsustainable fashion.
And then at the latest Communist Party Congress meeting in Beijing, the governor of the PBoC (People’s Bank of China) said the following;
“If we are too optimistic when things go smoothly, tensions build up, which could lead to a sharp correction, what we call a ‘Minsky moment’. That’s what we should particularly defend against.”
JPM: "We have started trimming, despite remaining net long the growth trade."
— zerohedge (@zerohedge) November 5, 2017
twitter.com/NorthmanTrader/status/927137002453196800