from Kerry Lutz’s Financial Survival Network
John Rubino is back… Hedge Funds blowing up. Archegos Fund gone. This is what happens at the top of a cycle or bubble. More stimmies on the way, thanks President Biden. Right on the heels of the last stimulus plan. It will insulate the system from further blow-ups. Big risks are interest rates and currencies. Even a three percent yield on the treasuries won’t matter and further distort. Gold and silver retreating, what does it mean? $240 million this month in NFT’s. Bezos fighting unionization with every dirty trick in the book. Bernie Sanders is out there fighting the fight for higher wages and better work conditions. Rush to upgrade condos in NYC due to the huge price decline. The Hamptons has turned into a year round place to live. Trial of Minneapolis George Floyd Cop beginning.