As each progressively larger bubble (post 1995) inflates the imaginary net worth of households, real savings plummet. These metrics diverge the most right before the bubble bursting & resulting #recession ensues
https://twitter.com/OccupyWisdom/status/1007699655948492801
do not look at this pic.twitter.com/pPo008WDOt
— Alastair Williamson (@StockBoardAsset) June 15, 2018
“Current US yield curve points toward >50% probability of a significant growth slowdown in H2 2019, Nomura says. Maybe yield curve is a bit distorted owing to a smaller term premium. Investors would be foolish not to pay attention, Nomura said,” h/t @Schuldensuehner
