Are We Dead Yet?
Are We Dead Yet?
I meant to post a comprehensive market update today but then decided to just put together a video. Bottom line: Nobody is going to come to save us this time around and I foresee much ugliness looming ahead. After more than a decade of QE the Fed’s hands are basically tied and it had to make a choice: Keep elevating equities or destroy consumption and save the U.S. Dollar (whatever’s left of it) and its reserve currency status.
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