- How our driven pursuit of “growth” is putting the entire system at risk
- Why those running the system do NOT have our interests in mind
- Why a correction risk is so high right now
- Why our odds keep getting worse
If you have not yet read Part 1: The Federal Reserve Is Directly Monetizing US Debt , available free to all readers, please click here to read it first.
My main message here in Part 2 is to show you why, from my vantage point of following the economy and financial markets daily, things are serious right now.
I trust actions over words; and the Fed’s actions are consistent with a big problem happening somewhere deep in the shadow banking system.
Further, all of the global macro data I track closely is screaming that a slowdown is here.
On top of that, investor confidence in the Fed’s ability to push market prices ever higher is dangerously overextended.
Stock gains have zoomed way ahead of the Fed’s recent excess liquidity, as this chart shows… (Enroll now to continue reading)