"We are likely to see governments and central banks launch a coordinated blitz made up of additional trillions of pseudo-money and unbridled spending should a recession hit..."
There is a possibility markets remain distorted for far longer than we expect due to central banks fearing a stock or bond crash would trigger damaging global congestion.
During a presentation last month, Son joked about being scolded by Yanai, and said his longtime friend could be a "scary external director" at times...
At a time of year when fundamentals-driven investors are thin on the ground, price action may well continue to be driven by players with ultra short-term horizons.
Zimbabwe's annual inflation rate remains above the 500%/yr barrier with an annual inflation rate of 565%/yr—the second-highest annual inflation rate in the world—today. Zimbabwe’s annual inflation rate trails only behind hyperinflating Venezuela.
"The persistent buying of long positions in US equities by strategies of all types has led to an "explosive" increase in net exposure among hedge funds overall. "
Anyone looking at the hollowed-out, fragile shell of a Fed-managed "market" as a system realizes a crash that runs away from central planning control is already baked in...
