Citi Calmly Explains Why "Fundamentals Haven't Mattered For 2 Years"

Simply put, warns Matt King - as the taper continues - "markets stopped following fundamentals about two years ago." Leaving the question... when does that change?

 

Stocks...

 

And Bonds...

But the feedback loops are becoming ever more fragile...

 

But things are starting to change, one asset class at a time...

 

Source: Citi's Matt King