The Madness of Crowds in blow-off phase. BOJ monetizes more than 100% of govt debt issuance in midst of demographic train wreck, Ho Humm.... EU set to introduce more monetary "stimulus" in negative interest rate environment for the umpteenth time because we all know how well that works to turn around socialist collapse, Yawn.... The Fed now supposedly set to hike to put the era of ZIRP behind us at last on the 'strength' of the decade long most-propogandized most low quality fake 'recovery' in US history, just as dollar-denominated debt choked EM economies and currencies go into terminal bubble phase collapse crisis mode and global markets start to roll over into (probable) grinding bear territory, because hey it's time to get that hike thingy over with....
The disorderly resolution of unearthly levels of pure trash fiduciary media and speculative leveraging in a bankrupt system must be dealt with post haste and the only financial asset that is nobody else's liability can't catch a bid... the system runs on a dim bulb for sure