Friday, December 4, 2015

The Bounce In Stocks...........ANOTHER PESKY FACT!

The Bounce In Stocks

The bounce in stocks has reached ludicrous proportions.

The S&P 500 has completely disconnected from most risk assets.

Virtually no other asset class on the planet is confirming the move higher in the S&P 500. This has all the hallmarks of a dead cat bounce. What's coming won't be pretty.

Stocks are now disconnected from leveraged loans:



Stocks are now disconnected from High yields bonds:



Stocks are now disconnected from Oil:



Stocks are now disconnected from Copper, the commodity with a PhD in economics:



The August-September correction was just a warm up. The REAL drop is coming shortly.

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