[1]We now know that the US is not the cleanest dirty 'economic' shirt [2] but it seems that the "well, where else are you going to put your money?" argument remains in full 'myopic' swing. The problem - we've seen this suspension of belief before...
The rest of the world is not happy...
[3]
and we've seen this 'decoupling' before...
[4]
and it is even more impressive from the October 2007 highs...
[5]
Charts: Bloomberg
(h/t @AndrewYorks)
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/news/2013-06-11/state-macro-17-simple-charts
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130613_myopia.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130613_myopia1.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/06/20130613_myopia2.jpg