The most important chart you may ever see on the current US market is one derived from data on the European banking system. Why would a chart of European banking data would have anything to do with the US markets? Because in this interconnected world, "liquidity anywhere is liquidity everywhere." And some of that liquidity flows to and through Wall Street sooner or later because US securities markets are the Last Ponzi Game Standing.
The Most Interesting Chart In The World - Part 1
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.