This Has Never Happened Before In Global Equity Markets

Unless the world comes to a very serious end overnight, global equity markets are about to do something they have never done before... rise for 13 consecutive months.

Not one losing month so far in 2017...


The global equity gauge was on course to finish November with its 13th straight monthly gain – the longest monthly winning streak in the index’s 30-year history. The total gain over the 13 months nears 23 percent.


But then again.. the world has also never seen so many central banks, printing so much money, for so long a time...

Just don't stop!!


dasein211 Thu, 11/30/2017 - 15:48 Permalink

Why are you guys so concerned with charts and graphs!?!?!? THEY WILL PRINT WHATEVER THE FUCK THEY NEED FROM WHATEVER GOVERNMENT NEEDS IT!!! This shit doesn’t matter anymore.

Wait What asteroids Thu, 11/30/2017 - 16:39 Permalink

Not likely. Despite Federal Reserve lies about 'normalizing' the balance sheet, they've 'reduced' it at HALF the pace they indicated they would. In two months they've only rolled off about 10 billion, and only 3 billion in MBS at that. They are well aware of what will happen if they 'do as they say.' So they won't. This ponzi is the end game, and they know it. Japan has done it for over 20 years (since they implemented ZIRP), don't be surprised if the USSA does too.

In reply to by asteroids

vegas Thu, 11/30/2017 - 15:52 Permalink

Yea well, I've been saying that since April, and is the main reason I don't trade the stock indices anymore; it's pure manipulative Central banker bullshit. that in my opinion, ends the day Yellen leaves. After that, look the fuck out. Better markets to trade other than the central bank casino.

adr Thu, 11/30/2017 - 15:59 Permalink

You have builders claiming they can't make a profit off any house under $200k, fucking double wide trailers are selling for $175k.Dick's Sporting goods refuses to pay more than $8 for a $25 retail product, leaving no margin for me. Central banks and the publicly traded shit they support have destroyed the world. Nothing is working. 

turkey george palmer Thu, 11/30/2017 - 16:04 Permalink

The size of the remedy tells the size of the problems. They know what is the alternative. The collapse of the economy and that means no more sheep to fleece. Plus a possibility of a revolution where the common folk round up the bankers and run them through a chipper shredder

khakuda Thu, 11/30/2017 - 16:13 Permalink

Well, no surprise, is it?  You have central bankers that have abdicated any semblance of responsibility, have informed the markets of their intent to keep money free forever and as a result have rewarded speculation to a degree unseen in recent history.  And it shows few signs of ending, other than the fact that markets are now going parabolic.We don't know when it will end or exactly how it will play out, as there is no precedent.  Most certainly, though it will end, as the prices of assets cannot climb faster than underlying earnings, sales and free cash flow growth forever.The sad part is that there will be no complaints by the general public until it does end, at which point the central banks that caused it will need scapegoats.21 months ago, the S&P was around 1800.

order66 Thu, 11/30/2017 - 16:26 Permalink

Meanwhile discounted cashflow based intrinsic value for the S&P is back under 2000 and every other valuation metric are at levels only seen before during bubbles.But, of course, we're not in a bubble.Riiiight?

FakeTapper Thu, 11/30/2017 - 16:52 Permalink

Im fucking sick of the central banker market. I know this is not new news.It totally clouds my thought process and my trading confidenceI think about all kinds of different shit that will fuck me as I make a tradeIf its not the fucking central banks fucking me on the short side, its the potential for a correction fucking me on the long sideHate to have all this shit go through my fucking head when Im trying to make a tradeIn the old days, we had surprise rate hikes that kept traders and institutions honest and trading pure.Those actions by the Fed kept participants honest. We had rallies and then we had breaks. I traded all of them. Not sure what the fuck we do have at the present moment. Keep thinking it will not end well, but it never ends.This is the mindfuck that Im experiencing.