Peak Monetary Insanity---The Race To The Bottom Begins

Let’s call a spade a spade: Equity markets and capitalism are broken. Neither can function on any sort of growth trajectory without the helping hand of monetary stimulus. Global growth figures, expectations and projections are collapsing all around us and markets are held up with promises of more easy money, in fact are jumping from central bank speech to central bank speech while bond markets scream slowdown:

 

 

 

 

 

https://northmantrader.com/2019/06/18/monetary-wars/

 

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