World Enters Bear Market - Global Equity "Dead Cat Bubble" Bursts

History repeats, if you're just willing to listen. The "Dead-Cat-Bubble" is dead as global stocks enter a bear market (down 20% from May 2015 highs) and US equities catch down to the rest of the world.

  • *MSCI'S ALL-COUNTRY WORLD INDEX EXTENDS DROP TO 20% FROM RECORD

It would appear the business cycle trumps central planning after all:

h/t @TrueSinews

 

Trillions in printed money around the world and its deja vu all over again for the idiocy of "wealth creation"-driven sustainable consumption.

And it's getting worse:

  • *DOW AVERAGE EXTENDS ROUT TO 400 POINTS; S&P 500 FALLS 2.8%

 

And the S&P 500 just broke the October 2014 Ebola Lows...

 

How long until The Fed Un-Hikes?

 

Who could have seen this coming?

 

The decline of faith in The Fed...

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