There is only so much gov’t & fed can do to prop stocks, at some point, the market will figure out the global economy continues to implode.

There is only so much gov't & fed can do to prop stocks, at some point, the market will figure out the global economy continues to implode. pic.twitter.com/uKrfk6pwhr

— Alastair (@StockBoardAsset) January 11, 2019

https://twitter.com/GreekFire23/status/1083843957539393536

The big declines in the industrial production data for Germany, France, Italy, Spain and the UK raises the specter of European recession. Just as the ECB takes its foot off the gas. Europe is a bigger economic entity than the USA, so the global GDP impact will be considerable.

— David Rosenberg (@EconguyRosie) January 11, 2019

bad news for equity market pic.twitter.com/qv3Q4c1tyB

— Alastair (@StockBoardAsset) January 11, 2019

wow pic.twitter.com/F0dYPAuhoX

— Alastair (@StockBoardAsset) January 11, 2019

https://twitter.com/OccupyWisdom/status/1083829885590818817

In 2008 we learned:
1) Systemic Risk Exists
2) It can be caused by large mispriced Debt Markets (like US Housing).

From ‘09-‘18 Central Banks:
1) Underpriced Systemic Risk.
2) Mispriced even larger Debt Markets (Sovereign Credit).
3) Created Political Risk in Populism.

— Paranoid Bull (@paranoidbull) January 11, 2019