A Gentle Reminder Of The 'Other' Reality

Tyler Durden's picture

A month ago we posted two sets of charts - WTFs and Divergences. It appears equity markets are beginning to catch down to this underlying reality as the Fed (afraid of its own shadow impact now) tries to gently talk the bulls off the leveraged ledge.

"New Normal"

 

 

 

Reality Check...

 

Is it really different this time?

 

Charts: Bloomberg