Monthly Archives: July 2017

“Bubble or Recession: The Fed Must Choose”

Credit Growth Weak This Cycle And Now Falling Number of OECD countries with inflation below 2% is continuing to trend higher! How can the Fed possibly unwind QE? Jim Rickards believes the next recession is already on the way “Bubble … Continue reading

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Financial System Fragmentation. China Transformation.

Our financial system Is driving fragmentation Further centralization no longer provides benefits Recession signal from Loans and Deliquencies The burden of debt rises with falling inflation Carmegeddon Central Banks losing their fight with degrowth. Lost in their obviously false narrative. … Continue reading

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H1 2017 Performance Report

Central Bank domination of Economic policy and markets continues and accelerates Creates escalating economic and market dysfunction Unprecedented challenge for long term investment Yield curve and TIP suggests policy is already overly tight While the market is indicating that inflation … Continue reading

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