European economies are collapsing along with global sovereign bond yields... but stocks seem to have found something to love (hint rhymes with Schmentral Schmank Schmiquidty)... how long are they willing to let this decoupling from reality last? Total desperation to ensure the world thinks... When in fact its circling the drain. China remains closed for the lunar new year celebrations but Yuan tumbled on the Kudlow comments...Worst day of the year for German and Italian stocks as the parade of terrible economic data finally breaks the bad news is good news meme... Larry Kudlow spoiled the party early on after stocks ... (full story)