THE ENDGAME

SPX below 1500, 10Y above 6% in a couple of months. EURUSD below 0.80. EURJPY below 92. USDJPY @100.

Structural and temporal confluence everywhere: Stocks, Treasuries, FX base pairs, FX EUR crosses, xJPY crosses, Crude, RTSI, RUB. All point severely down and will move at the same time.

The final wave of the bearish cycle always causes extreme cross-asset correlations.