The interplay between rising debt levels, negative real interest rates, and zombification should concern us all—especially in the context of global lockdowns. We should blame central banking and its destructive economic capabilities.
"It just seems too obvious how it’s going to end – badly. It so obvious we’re oblivious to it... Such is the way of blindingly obvious market corrections. They are just too big to see..."
As Congress and the Trump administration remain deadlocked in talks over the next coronavirus stimulus package, seven in 10 Americans (70%) say they would support the government sending an additional economic impact payment (EIP) to all qualified adults.
"It’s as simple as this: Street-wide, Dealers are short Gamma / short Calls off the back of the MASSIVE upside premium buyer who has been in the market over the past month or so in a number of mega-cap single-name Tech cos."
"We’ve got the Fed chairman clearly telling us he wants inflation to ratchet upwards, and the only reliable way to achieve this is through the channel of a weaker currency."
...what we are witnessing is a generalized fiat currency debasement through extreme monetary policy. That is the reason why gold and silver continue to rise...
"A chart like this is nonsense, and the analysis behind it is lacking any sort of empirical anchor and is otherwise hopelessly confused. It's amazing that they shared it with a reporter because they thought it would make them look smart."
How is it that the real economy can be so weak while the asset markets continue to fly? Real Vision managing editor Ed Harrison explores this and more with…
