The_Unwind

Dow Industrial's Symbol of USA Dangerous Downside Break

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The_Unwind Updated   
DJ:DJI   Dow Jones Industrial Average Index
The Dow, the oldest and perhaps most revered Index
in the world ,by its stature,and over 100 yr history
is technically in a historic free fall downside break,
that shows no signs whatsoever of ending anytime soon.
Rather to my own view, this unwinding,so to speak, is just beginning.

Ponder that for a moment,
and recognize you are witnessing history unfold before your very eyes.

The fundamental underlying reasons for this dangerous downside break
I believe is buried deep inside the world banking system,
especially in bank stock risk in Europe, noteworthy in Germany,
with the systemic risk now spreading out onto the world stage, at the end of 2018.

The powers that be,having chosen to appease, and perhaps ignore the root cause of the underlying problem
noteworthy in emerging market breakdowns earlier in 2018,
while economic growth continued to boom accompanied by historic asset prices and Fang stock bubbles,
now face the prospect of addressing these fundamental issues in 2019, while Debt worldwide continues to soar
in full view of everyone, where this time,.. there is really, no place to hide.

DJI Last 22859.60

THE_UNWIND
12/21/18
NEW YORK

Comment:
PS.
And the Federal Reserve Bank in the US,
just this week raised interest rate costs , AGAIN,
to raise the costs of financing all of that DEBT.

Did you see the world wide stock markets reaction to THAT..?

THE_UNWIND
12/21/18
NEW YORK
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