Equity futures rose overnight as there is still more endless dreams and much flapping of lips in Europe about creating billions… but by whom, exactly? Everyone seems to think the central IMF criminals will make the pretend money first, the EU doesn’t want to ruin appearances after all. Meanwhile media fraudsters like Bloomberg laugh at the rating agencies for downgrading the U.S. as they see a flight to “safety” trade since the U.S. lost its “triple-A” rating. What I see is nothing but money printing, data manipulation, and fraud.
There is a bunch of housing data coming this week, it kicks off this morning with the Housing Market Index and then later in the week culminates in Existing and New Home Sales where we get to listen to more lies from the National Association of Realtors. Speaking of lies, we also get the final number for Q3 GDP (major eye roll there), and we also get the supposed “Leading Indicators” which lag reality, of course, and is now completely worthless as it considers sophomoric items such as the completely not real and totally manipulated equity market. Remember, ALL of the markets are not real, they are all manipulated as the central bankers directly infuse money from nothing into them – thus the historic disconnect between the data, the spin, and the reality for millions of Americans being marginalized by the narcissist’s behavior.
I, Nathan Martin, no longer consent to the lies.