The Central Banks have lost control of the steering wheel.
click chart to enlarge
click chart to enlarge
The Central Banks are no longer able to steadily inflate the combined balance sheet.
Category: Money Printing Pump
At Some Point, the Insanity Ends
Just who knows when that point is?
click chart to enlarge
Balance Sheets Drive All
The dollar denominated sum of the Japan, ECB and FED balance sheets continues to mark lows on a lagged basis. The surges are in part caused by strengthening yen inflating the dollar value of the Japanese holdings.
click chart to enlarge
It's still all about the Central Banks, now isn't it?
Weekly Update
Video discussion within for subscribers.
click chart to enlarge
Disequilibrium
Not Quite Right
Weak oil prices are likely behind the surge in new lows. Regardless, it's not a healthy sign.
click chart to enlarge
click chart to enlarge
click chart to enlarge
Relative Central Bank Balance Sheets Drive the Currency
click chart to enlarge
Currency Drives Equities
Imperfect But Useful
That's a good description for most indicators, isn't it?
click chart to enlarge