The global economy is weakening. But that’s been the trend. Instead of trying to fix the underlying problems, just print a bunch of money out of thin air and buy US debt. Seems like the US debt machine is benefitting from their irresponsible behavior and the average person suffers. Every dollar that is printed, dilutes the currency, further and further. But that doesn’t seem to stop them. In fact, the Fed wants the cost of living to increase. But we have only scratched the surface. After 10 years of financial madness, the next level will have to go above and beyond anything we have ever seen.
GDPNow – Federal Reserve Bank of Atlanta
Nowcasting Report – FEDERAL RESERVE BANK of NEW YORK
www.newyorkfed.org/research/policy/nowcast
Hong Kong in first recession for a decade amid protests – BBC News
www.bbc.com/news/business-50431614
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www.zerohedge.com/s3/files/inline-images/HK%20GDP%20qoq.jpg?itok=OTl-8BSj
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www.zerohedge.com/s3/files/inline-images/bfm6A11_1.jpg?itok=YH3IWDaV
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www.zerohedge.com/s3/files/inline-images/bfm7E57.jpg?itok=ITOPReN-
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www.zerohedge.com/s3/files/inline-images/bfm7D87.jpg?itok=OeVRE-PA
Cass Freight Index Report – October 2019.pdf
Financial Stability Report
www.federalreserve.gov/publications/files/financial-stability-report-20191115.pdf
Farm Finances Continue to Weaken Amid Ongoing Uncertainty
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www.zerohedge.com/s3/files/inline-images/VIX%20net%20specs%2011.15.jpg?itok=utfgnSIM
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www.zerohedge.com/s3/files/inline-images/VIX%20net%20specs%20vs%20commercials.jpg?itok=hyQ9oZGu
SentimenTrader on Twitter: “Triggered again today. In the past 20 years, consecutive “double trouble” signals only triggered in May/July/October 2007 and July 2015.” / Twitter
twitter.com/sentimentrader/status/1195101113495773191
70% of Americans say they are struggling financially – CBS News
www.cbsnews.com/news/70-americans-are-struggling-financially/