Stocks are now offering the best selling opportunity in 10 years, thanks to the Fed
They’re right. It is different this time.
It’s worse. Much, much worse.
Debt is higher than ever, be it corporate debt, government debt or global central banks’ balance sheets.
Limited ammunition to deal with a new recession, wealth inequality, the social divisions and political extremes, and now trillion-dollar deficits — everything points to a more fragile system.
On paper, low interest rates keep it all afloat, but the context is as ugly as it gets.
Here we are, with the great collapse unfolding in front of us.
Sven Henrich MarketWatch June 20, 2019
It’s worse. Much, much worse.
Debt is higher than ever, be it corporate debt, government debt or global central banks’ balance sheets.
Limited ammunition to deal with a new recession, wealth inequality, the social divisions and political extremes, and now trillion-dollar deficits — everything points to a more fragile system.
On paper, low interest rates keep it all afloat, but the context is as ugly as it gets.
Here we are, with the great collapse unfolding in front of us.
Sven Henrich MarketWatch June 20, 2019
Kommentarer