We now have confirmation that over half of global stocks are in a bear market. But don’t worry, the Fed will rescue us. Janet Yellen has now changed her mind about the impossibility of a financial crisis and is now officially worried about what will happen. The economy is looking weaker and weaker globally and this can only be corrected by removing the measures the central banks took and allowing the crisis to fully unfold. Until that day comes, we will continue into madness.
What do you think is the biggest concern for the financial system? Fed? Trade issues?
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
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Budget deficit soars in first two months of fiscal year | TheHill
Stocks set for worst year in a decade. Four experts weigh in on 2019
Fear Gauge Warns That This Selloff Is Different – WSJ
https://www.wsj.com/articles/fear-gauge-warns-that-this-selloff-is-different-1544472242
Yellen warns of another potential financial crisis
https://www.cnbc.com/2018/12/11/yellen-warns-of-another-potential-financial-crisis.html
Fed’s Yellen expects no new financial crisis in ‘our lifetimes’ | Reuters
Foreign investors spurn U.S. Treasuries as curve threatens to invert | Reuters
IMF warns storm clouds are gathering for next financial crisis | Business | The Guardian
https://www.theguardian.com/business/2018/dec/11/imf-financial-crisis-david-lipton
Markets expect friendlier Fed after it raises interest rates next week
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https://fingfx.thomsonreuters.com/gfx/editorcharts/EUROZONE-BONDS-ECB/0H0014BZ22HZ/eikon.png
