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Playing the Ponzi
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Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
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Playing the Ponzi
  • India Breaking Out? 0 comments
    Mar 18, 2014 11:02 AM | about stocks: EPI

    While the U.S. equity indexes have bounced back towards their recent highs in what I see as a collection of bearish longer term patterns, some emerging markets look like healthier bulls to my eyes. India has been a less-than-stellar performer in recent years. It may be breaking out. It is moving above a multi-year trendline, and may have an inverse head-and-shoulders at its back. Below is the chart of EPI, an India ETF.

    (click to enlarge)

    Stocks: EPI
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