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It's A Bull Market In Confusion

Investors are the most 'neutral' and confused in 26 years with bullish sentiment and bearish sentiment hovering at multi-decade lows...



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With ISIS Controlling "More Than Half Of Syria", The US Prepares To Pounce

Gun to our head, this is what happens next: several false flag YouTube clips once again emerge just around the time Obama announces it is time to send a tactical, contained group of troops in Syria to retake the cultural "heritage that" is Palmyra, at which point the war against ISIS morphs into what it has been from day one: the western attempt to crush and topple the Assad government, and to hand over control of Syria to Turkey and Iraq, just so the US, Saudi Arabia and Qatar can control what happens behind the scenes, by which we mean finally allow that long overdue gas pipeline to traverse the nation. We expect this scenario to start unfolding within the month.



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Artist's Rendering Of Obama's Iraq Strategy

Presented with no comment whatsoever...



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When The Current Housing Bubble Finally Bursts

This psychology of mass delusion now dominates housing, stocks and bonds: not only is this not a bubble, the expansion will continue forever. History, however, suggests otherwise: all bubbles burst, period.



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Are You Guilty Of Crimes Against Young Americans?

This is the first generation of young Americans that our government systemically disfavors and the first generation whose prospects are lower than those of their parents. Their parents and grandparents have put them in the hole.

Robbed? Cheated? Scammed? Flimflammed? Rolled? Take your pick.



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118 Handguns, 1 AK-47, 157 Knives, Body Armor Recovered From Biker Shootout Scene

"The weapons appear to have been discarded as Officers arrived and some hastily hidden. The have been found in sacks of chips, stuffed between bags of flour, stuffed into the bench seating, hidden in shelves, thrown into trash cans, placed in the kitchen stoves, discarded on floors and even so far as to attempt to flush a handgun down a commode."



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Chinese 'Virus' Spreads To Germany: Meet The Company That Went From Record High To Zero In 1 Week

It appears the frauds, falsehoods, and f##king fallacies are all being exposed at the same time. While we have noted three companies that have collapsed in the last week - destroying their billionaire owners' wealth in the process - it appears the Chinese capital destruction virus has spread to Germany. Joyou AG - a Chinese affiliate of German bathroom manufacturer Grohe - has collapsed from record highs a week ago to 0, pending bankruptcy, after admitting balance sheet manipulation.



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Housing Recovery - Real Or Memorex

The rising risk to the housing recovery story lies in the Fed's ability to continue to keep interest rates suppressed. It is important to remember that individuals "buy payments" rather than houses. With each tick higher in mortgage rates so goes the monthly mortgage payment. With wages remaining suppressed, 1 out of 3 Americans no longer counted as part of the work force or drawing on a Federal subsidy, the pool of potential buyers remains tightly constrained. While there are many hopes pinned on the housing recovery as a "driver" of economic growth in 2015 and beyond - the lack of recovery in the home ownership data suggests otherwise.



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Shake Shock: Spot The Fast Food Outlier

One quick look at Shake Shack's "fundamentals", irrelevant as they may be in this market, put the company's valuation per restaurant in perspective not only to such established fast food names as McDonalds, but other recent "hot" restaurant debuts.



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Where The Rich Buy Their College Degrees

When it comes to world traveling, nothing beats the sights and sounds of Pakistan. While traveling through the country, you might stumble upon a Navy SEAL mission to kill the most wanted terrorist in the world, get acid thrown in your face, or earn a diploma from a fake American university.



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Thousands Gather At McDonald's Headquarters Demanding Higher Wages

"Protesters hailing from as far away as Kansas City and New York City participated in a demonstration at McDonald's Oak Brook headquarters Wednesday, urging that hourly wages for the burger giant's front-line workers be increased to $15 an hour", the Chicago Tribune reports. Police estimated the crowd at about 2,000 people. Organizers had projected that upward of 5,000 would participate in the demonstration.



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"We Reached The Tipping Point": Income Inequality Is Highest Since Records Began

In most of the 34 countries in the Organisation for Economic Cooperation and Development the income gap is at its highest level in three decades, with the richest 10 percent of the population earning 9.6 times the income of the poorest 10 percent. "We have reached a tipping point. Inequality in OECD countries is at its highest since records began,” said OECD Secretary-General Angel Gurria.



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Spot The 'Fundamental' Difference

As goes oil... so goes US equities...



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Kansas City Fed In Recession Territory After Respondent "Laid Off 8% Of Workforce In 2 Months"

For the 5th month in a row, Kansas City Fed missed expectations by an inmcreaisngly large amount. May's -13 print is the worst since April 2009, and is the biggest drop since 2009. Every single individual component also tumbled led by orders, backlog, number of employees and average workweek. Firmly in recession territory, the respondents comments are stunningly reminiscent of the great recession (or depression)...



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