Chart Of The Day: “This Never Ends Well”…

I know, I know, you’re focused on Washington and Wall Street, because … well … because this:

TrumpAHHHHH

But lest you should lose sight of that “other” ticking time bomb, allow me to present the following “subtle” reminder from SocGen who on Wednesday writes, “eventually, cracks will start to form and the misallocation of capital from years of super-easy money may be exposed [and] the bursting of China’s debt bubble is the most significant trigger that could impair large parts of the EM complex”…

CreditBoomsSocGen

Advertisements

3 thoughts on “Chart Of The Day: “This Never Ends Well”…

  1. Thanks for your charts, H. Today I made 18% on a short-term investment in VXX, wherein I bought the actual securities, rather than options. I probably sold too soon, but then at my age, one has to appear to be “Conservative”.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s