{"id":10404,"date":"2015-07-26T13:33:49","date_gmt":"2015-07-26T18:33:49","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10404"},"modified":"2015-07-26T13:33:49","modified_gmt":"2015-07-26T18:33:49","slug":"the-big-bad-bear-case","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10404","title":{"rendered":"The Big Bad Bear Case"},"content":{"rendered":"<h3 id=\"posttitle\"><a href=\"http:\/\/northmantrader.com\/2015\/07\/26\/the-big-bad-bear-case\/\" target=\"_blank\">The Big Bad Bear\u00a0Case<\/a><\/h3>\n<p><a href=\"https:\/\/northmantrader.files.wordpress.com\/2015\/07\/coolbear6.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"  wp-image-11750 alignright\" src=\"https:\/\/northmantrader.files.wordpress.com\/2015\/07\/coolbear6.jpg?w=222&amp;h=222\" alt=\"coolbear6\" width=\"222\" height=\"222\" \/><\/a><\/p>\n<p>My aim with this article is to outline, with facts, large global structural issues that I believe everyone, bulls and bears alike, should be fully aware of. While some of this discussion may rattle the cage a bit you will hopefully find this article well researched and informative.<\/p>\n<p>Recently I\u2019ve outlined why we switched our trading stance from buy mode (<a href=\"http:\/\/northmantrader.com\/2015\/07\/09\/door-shut\/\" target=\"_blank\"><em><strong>Door Shut<\/strong><\/em><\/a>) to sell mode (<a href=\"http:\/\/northmantrader.com\/2015\/07\/17\/inversion\/\" target=\"_blank\"><em><strong>Inversion<\/strong><\/em><\/a>) on stocks. This week I\u2019ve also outlined the aggregate technical factors that have us very cautious on stocks in general (<a href=\"http:\/\/northmantrader.com\/2015\/07\/23\/totality\/\" target=\"_blank\"><em><strong>Totality<\/strong><\/em><\/a>) while not precluding the possibility of new highs.<\/p>\n<p>This article, however, will focus on much larger structural issues that have been building for years, decades indeed. And no this article is not so much about central banks, debt issues, Greece, China, deficits, etc. While all these are important as part of the overall picture, they are mere current symptoms of a much larger issue that is at the core of all that is\u00a0already in play and will only deepen in our societies in the decades to come: Institutionalized poverty with an ever widening divide between the haves and the have nots which will result in an eventual drastic revaluation of asset classes across the board.<\/p>\n<p>And before you think I\u2019m off on a hyperbolic rant let me assure you my reasoning will be very much fact based and I have reason to believe the US Fed and Janet Yellen are very much aware of it all, but have no solution to prevent it from happening. In fact it is mathematically unavoidable.<\/p>\n<p>A few weeks ago in\u00a0<a href=\"http:\/\/northmantrader.com\/2015\/06\/27\/the-greek-butterfly-effect\/\" target=\"_blank\"><em><strong>The Greek Butterfly<\/strong><\/em><\/a>\u00a0I\u00a0discussed the concept of a global math construct that needs to maintain its integrity to make global debt serviceable. To that end I concluded that they would not let Greece default.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Big Bad Bear\u00a0Case My aim with this article is to outline, with facts, large global structural issues that I believe everyone, bulls and bears alike, should be fully aware of. While some of this discussion may rattle the cage a bit you will hopefully find this article well researched and informative. Recently I\u2019ve outlined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[4794,4793,130,195,246,260,303,305,1167,451,7542,753,824],"class_list":["post-10404","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bear","tag-bull","tag-china","tag-debt","tag-economy","tag-employment","tag-fed","tag-federal-reserve","tag-greece","tag-janet-yellen","tag-northman-trader","tag-stocks","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10404"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10404\/revisions"}],"predecessor-version":[{"id":10405,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10404\/revisions\/10405"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}