Traded Markets Are Falling Apart Relentlessly, One After The Other – 08.07.15

A list of high-flying stocks and stock markets which are hitting the skids. The brutal, ongoing commodity deflation shows no sign of abating. A light-hearted look at the indispensability of smartphones. The monumentally corrupt Citigroup laid bare. It is a soul-destroying story. A look at how wages have not kept up with GDP. The trade deficit widened again. Over 60% of America’s top hospitals’ CEOs had no business experience with health at all before their current employment. Health is just another business, right?  California real estate today. Economic confidence plunging. There is nobody left to ‘speak the truth’ (which is why we try to do that here!) A litany of more economic bad news to end the show.