Central banks have broken economics.
Caught in a trap they themselves created, where nothing works the way it's 'supposed' to now.
(God help us on the next down turn)@DiMartinoBooth @paranoidbull https://t.co/7KYiSFWeHf— Markets-like people-should be free-TQN-👑 (@TechQn) January 2, 2020
Note the correlation of Fed balance sheet expansion to market gain over 4 months. https://t.co/OikIfCbYPr
— David Kudla (@David_Kudla) January 1, 2020
https://twitter.com/NorthmanTrader/status/1212383958392098819
The Conference Board LEI is now negative YoY without the hand-holding of the liquidity/momentum-driven stock market. Big disconnect between the financial economy and the (1% growth) real economy. pic.twitter.com/m1aif1u6qw
— David Rosenberg (@EconguyRosie) January 2, 2020
https://twitter.com/TommyThornton/status/1212747096887050240