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.
Enjoy and don’t forget to subscribe to the channel and while you’re at it please upvote the video.