…according to David Stockman
“Ben Bernanke is one of the most dangerous men walking the planet. In this age of central bank domination of economic life he is surely the pied piper of monetary ruin. At least since 2002 he has be…”
Source: Bernanke’s Black Helicopters Of Money
Easy money is doing its thing…higher prices are here and may go higher.
“Inflation is creeping higher and will soon force the Federal Reserve to re-examine the wisdom of keeping short-term interest rates low, says economist Paul Ashworth, the winner of the Forecaster of the Month contest for June.”
Source: Inflationary pressures are already building, top forecaster says
“The reason why anyone would buy negative-yielding debt is actually pretty simple: Because they have to.”
Source: Negative rates leading to ‘day of reckoning’ fear on Wall Street
The money printers are on overdrive.
“When we first heard this past Thursday that private blogger and Citadel employee Ben Bernanke was going to “secretly” meet with both the BOJ’s Haruhiko Kuroda and Japan PM Abe, we warned readers that “something big was coming.” Two trading days later, with the USDJPY higher by 200 pips and soaring after something big indeed came overnight from Japan: nothing less than the first “lite” instance of helicopter money.”
Why a depression is the cure that ails America. Being prepared will help you ride out the inevitable.
“Artificial measures to stave off a downturn will only make it much worse.”
Source: America Needs a Good, Old-Fashioned Economic Depression
For many Americans who have not done so building an emergency fund is one of the most prudent things you can do now to whether the next economic downturn.
“A quarter of Americans have no savings, a new Bankrate survey finds. Find out how much emergency savings can help in a crisis.”
Source: Why These 2 People Are So Glad They Had Emergency Savings | Bankrate.com
Investors are fleeing volatile sectors for safe havens. We saw this before in the lead-up to the financial crisis.
Source: Market driven by ‘safe’ stocks, possibly signaling slowdown ahead
The boom phase of the business cycle is still intact. Will this helps Hillary in November?
“So much for that terrible May jobs report: one month after the BLS reported the worst jobs report since 2010, moments ago the BLS reported that in June jobs increased by a whopping 287K, the highest increase since the 295K reported in October 2015, despite a downward revision to last month’s 38K which is now up 11K.”
Source: June Employment Soars By 287K, Smashing Expectations, Highest Since October
“One of the stock market’s biggest bulls spots a rare trend which could send stocks skyrocketing through 2017.”
Source: Something miraculous just happened, and it could boost stocks 20%: Canaccord
David Stockman makes the case it’s 2007, all over again.
“Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing. The latest examples are the crashing bank stocks in Italy and el…”
Source: Here We Go Again——August 2007 Redux
Tom Bowley highlights a key weakness in the stock market.
Source: Volatility Tumbles Again On Friday
Stock market at a critical juncture.
Source: Kimble Charting Solutions Blog » Crude Oil & Stocks continue “Look Alike Patterns” at resistance
