The value proposition of this market now is that new, inexperienced, financially desperate traders are really excited that the market is being spurred on by massive amounts of stimulus. Japanification meets Robinization.
— Brad Huston (@BradHuston) June 17, 2020
If this isn’t the sign of a market top idk what is pic.twitter.com/aytaI7gowJ
— g (@garlandrg) June 17, 2020
Corporate bond yields are at all-time lows. Prices are at record highs.
The Fed is "leveraging" CARES funds (creating money) to buy these bonds FROM INVESTORS, at public risk. They are not guaranteed by the U.S. govt, nor backed by 13(3) collateral.
Looters and counterfeiters. t.co/kBTWwefyn5
— John P. Hussman (@hussmanjp) June 17, 2020
— Tracy Alloway (@tracyalloway) June 17, 2020
- Bill Gates Developing Vaccine That Spreads ‘Like a Virus’ To Vaccinate People Without Consent
- The World Is Collapsing Around Us And The Crowd Is No Longer Hedged
- Social Security payments: Millions of SSI recipients to get two checks worth up to $1,652 next month
- Democrats just screwed the whole country…
- Pennsylvania’s Unemployment Is Insolvent & Now Sending Notices To Claimants Who’ve Received Full Benefits To PAY IT ALL BACK.
- Now They Are Literally Bowing Down And Worshipping Baal Right In Front Of Our Eyes
- Insurance CEO, Todd Callender says the real pandemic is NOW.
- One Of The Most Tragic Things That I Have Read In A Long Time
- AOC..after only a few years on the squad..Net Worth 29 MILLION
- Recession is here and major liquidity squeeze on-going. US Treasuries expect a Fed pivot and either deep US recession or shortage of collateral. Neither look great for stock markets