“Don’t fight central banks”… Until it stops working.
"Don't fight central banks"… Until it stops working. Global money supply vs MSCI World pic.twitter.com/WOFwLQYLsK — Daniel Lacalle (@dlacalle_IA) March 4, 2020 The slide in US 10y bond yields below 1% suggests the Fed has lost control and deflationary stagnation awaits. Alexander Hamilton’s creations are now in uncharted territory. https://t.co/lghEtThX9A pic.twitter.com/BpGfLdQcfq — Holger Zschaepitz (@Schuldensuehner) … Read more