Central Banks will never get the blame for liquidity gaps in markets, as the QT turmoil will be shifted to Trump's TRADE WARS. It is such a perfect scapegoat for CBs pic.twitter.com/GKv3UlZOPG
— Alastair Williamson (@StockBoardAsset) June 26, 2018
Couldn't disagree more.
The Fed isn't the only braintrust with the ability to create/shape/manipulate narratives.
Bannon's out helping nation states develop cryptos.
Read between the lines.
They know EXACTLY what's coming and that Central Banks are to blame. t.co/AkwN83mTLB
— The Known Unknowns (@Known__Unknowns) June 26, 2018
Bank stocks just hit a record — a record of losses.
The S&P 500 Financials Index fell for the 12th straight day Tuesday, the longest losing streak on record. Coming into the year, many cited the tax overhaul and a rising rate environment as reasons for banks to rally. Instead, they’ve endured pressure from a flattening yield curve. The losses also come ahead of the final phase of the Federal Reserve’s annual stress tests and waning consumer confidence.
Tighter liquidity conditions & worries about global growth have sent a Goldman Sachs Group Inc. barometer of risk appetite to its weakest since July.
World Trade Volume Starts To Weaken. This Is A Warning! pic.twitter.com/nJcgPaI2XZ
— Alastair Williamson (@StockBoardAsset) June 25, 2018