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And.....It's Gone!

Market value everywhere is vaporizing fast
Wednesday, January 20, 2016, 12:00 PM
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The deflation monster was evident across the global markets today, and the possibility of a market crash remains as high as ever.

In the overnight session on Tuesday, everything fell apart.

We can now clearly see the tracks of the deflation monster stomping across the world stage. While a retreat into bonds (safety) has happened, that’s just the normal first reaction to such a terrible financial situation.  However, those bonds will prove to be roach motels as the next stage of this monster will be massive bond defaults of all varieties.

 

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