United States

One month ago, when looking at the overall level of short interest across the market, we reported that according to JPM, the "most painful part of the short squeeze may be yet to come", and sure enough, aided by an unprecedented amount of central bank intervention, the market has since surged, in no small part due to ongoing covering of short positions.

However, one look at the NYSE short interest data reveals something troubling: there are still many shorts out there.

Submitted by Pepe Escobar via TheSaker.is,

Color revolutions would never be enough; Exceptionalistan is always on the lookout for major strategic upgrades capable of ensuring perpetual Empire of Chaos hegemony.   The ideological matrix and the modus operandi of color revolutions by now are a matter of public domain. Not so much the concept of Unconventional War (UW).

UW was spelled out by the 2010 Special Forces Unconventional Warfare manual. Here’s the money quote:

By Jody Chudley, originally posted on the Daily Reckoning

Simple Math Shows America Is Headed for an Economic Disaster

With so many voices streaming at us through our televisions and computers, a person can’t be blamed for tuning out.

For the most part, tuning out is exactly what we should do. But sometimes it is very important that we pay attention…

By listening to Jeremy Grantham, Jim Grant and a host of other investors, a person could have avoided and profited the crashing of the tech bubble of the late ’90s.

Donald Trump continued to streamroll over all conventional narratives when during a massive 96-minute interview with the Washington Post on Thursday which was released today, in which he talked candidly about his aggressive style of campaigning and offered new details about what he would do as president, he said that economic conditions are so perilous that the country is headed for a "very massive recession" and that "it’s a terrible time right now" to invest in the stock market, which, the traditionally cheerful WaPo said embraces "a distinctly gloomy view of the economy

In recent weeks, JPMorgan has turned decidedly sour on the US equity market: one month ago, on March 3, JPM announced that "for the first time this cycle", it has gone underweight stocks.