This disconnected market stretched its life for yet another month since the crash ratio indicator went nuclear in August and now heading down again. This time I show the longer time scale including the GFC. Seems like quite an important historic indicator. When this baby goes bottom up RED it's time to pay attention! Can it predict the future? We shall see.
Nothing fundamentally has changed. The BS decoupling everything financial from reality and causing (inflation) pain to nearly everyone has stretched for 5 years. One day reality will strike back.
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