The US stock “market” continues to make “history,” and Q2 added to the list of “historic” events in this laughable “market”.

Q2 marked many more “historic” events:

1. Greatest number of companies to lose their derriere’s, yet “beat estimates”
2. Greatest number of companies issuing rose-colored-glasses “guidance”
3. Greatest number of companies with a 50%+ drop in profits that “beat estimates”
4. Highest drop in profit (86%) that “beat estimates”
5. Greatest number of companies posting lower profit/revenue, that “beat estimates”
6. Greatest number of companies to post a “profit” based on FED injections

The greatest Ponzi scheme in history, and most criminally manipulated, fraudulent investment mechanism of the modern era.

How much more middle class wealth will be destroyed today?

RC

Related Posts:

• “Stocks open lower despite positive signs in jobs market”
• Manufactured fraud called the US stock “market”:
• Sharply drop at open, recover at last hour.
• Confidence and optimism drive the small business owner to invest in advance of profits and hire in advance of revenues.
• As documented by Zero Hedge, manipulation means that the market no longer performs it’s basic function of price discovery.

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