Presented with little comment but it would appear that it is not just the American investing public that believes in miracles as the Japanese and European equity markets are now fully disconnected from dismal macro reality...
The US Disconnect...
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The European Disconnect...
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The Japanese Disconnect...
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Charts: Bloomberg
Bonus Chart: It's an epidemic - the world's equity markets do not care (yet) about the slump in the global economy...
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Because, It's Different This Time, right? Hhhmm not so much...
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