The One Weird Trick Baizuo Are Using to Destroy the Middle Class and Financial Markets

Three main indicators to watch. Sell NQ below the line, along with the rest of the stock market. If BTC breaks down, aggressively short high confidence targets. If high yield funds such as HYG and JNK drop and treasuries keep rising, (look to IEI for a duration proxy) the sell line will be hit. After that, the odds of a major credit event and financial market collapse accelerate to the upside.

USDJPY looks ugly for Japan and the world financial markets. Nothing good comes from a higher yen.

How are the Baizuo destroying the world? Via their sadistic anti-Russia obsession. Commodities are cratering, the latest being cotton:

Oil should be much lower already, but it is not because of Baizuo foreign policy obsessions. Their green idiocy already laid an inescapable recession, but their foreign policy could be the difference between recession and depression. Everything is more expensive because the oil price continues rising. As long as oil stays high, there's no escaping economic decline. The Federal Reserve has to keep tight monetary policy because if credit or spending starting taking off, it would unleash the inflation seen in the 1970s, when the Fed chickened out on controlling inflation because it though the recession was worse. There's no good option here because high oil prices are like a huge tax on the economy.

This is also feeding into financial markets. The Japanese yen is being crushed by the rise in interest rates in countries such as the U.S. Japan desperately needs a lower oil price, which would stabilize bond markets and let the Fed ease its tightening approach. If instead the Baizuo escalate their psychotic green policies along with antagonizing Russia and, no doubt, encouraging China to join in with supply chain damage aimed at the U.S., then all the pieces are in place for a deflationary, depressionary collapse in the financial markets. Wholly owned, wholly owned by the Baizuo admin and their supporters. The Federal Reserve cannot remake foreign policy and undo the green agenda. They are bystanders. They screwed up a lot, but the collapse is on the Baizuo.

Prepare for a 1929-style implosion of stock and bond markets imminent if these policies are changed very soon.