by Jim Quinn
Global Liquidity = Money Printing
Just to put things into perspective: S&P 500's All-Time High mainly driven by fresh liquidity of global central banks. Fed has expanded balance sheet >$4tn. Global liquidity has hit fresh high at $75.9tn. pic.twitter.com/233pYSF0or
— Holger Zschaepitz (@Schuldensuehner) November 2, 2019