Secular Chart Porn - The View From the Top of the World


The global equity market world, that is, using the Dow Jones World Stock Index ($DJW) as a proxy:



The global stock markets of the world are going to be much lower a year from now. For the intermediate term, get short or get into ultra-safe cash equivalents (i.e. physical Gold) in my opinion. Ben Ber-spank-me and all his digital soldiers can't keep this Hindenberg afloat. We are in a classic secular equity bear market and the bell at the top rang during the "flash crash" in May. It's a long way to the bottom regardless of your opinions on the FOREX/fiat currency swings (ask Europe if a rapidly depreciating currency stopped their crash in 2008).



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