WORLD #STOCKMARKET MARKET CAPITALIZATION VS #FED BALANCE SHEET
Chart via @dlacalle_IA pic.twitter.com/pk4YlOK5U5
— OW (@OccupyWisdom) September 9, 2018
Markets are just losing the "easy money" froth….
Fed balance sheet shrinks $260bn, market corrects $1.6 trillion.
Sounds about right. https://t.co/uSgE3WJwYb
— Daniel Lacalle (@dlacalle_IA) September 9, 2018
"Mission Accomplished" -10 yrs later the bubble today makes the prior two look pedestrian. FYI…we didn't double the nat'l debt under the prior two bubbles (into corp earnings), or have 0% rates, or $15T global QE, or 70% trading by computers, or an even larger bond bubble 00/07 pic.twitter.com/OyoAnQfjhw
— M/I_Investments (@MI_Investments) September 9, 2018