pervasive
The Most Pervasive Valuation Extreme In Stock Market History
by jessefelder Just over a year ago, I wrote “The Fantastic Four That Make FANG Look Tame,” highlighting four stocks in the Dow Jones Industrial Average that had dramatically outperformed some of the most popular growth names in the market …
Coming soon: a world of pervasive NIRP and QE by all central banks as they do everything in their power to prevent the zombie system, which now only exists thanks to incremental debt, from collapsing.
“All cost of capital globally, eventually, will have to go negative and the reason is very simple: it’s the degree of leverage and financialization that we have globally. Pretty much every country now needs 3 to 4 dollars of debt for every …