In today’s briefing:
- Recession Is Here! SPX(S&P500) Still Set to Test 3200.Last Week’s US Fed Move Makes This More Likely
Recession Is Here! SPX(S&P500) Still Set to Test 3200.Last Week’s US Fed Move Makes This More Likely
- Bear market results from sharp monetary squeeze as Central Bank liquidity withdrawn, led by Fed. More pain to come. Recession is here
- US Federal Reserve is driving markets lower and USD up. QT has officially started, but Fed has in fact been secretly tightening liquidity for months
- Effective Fed balance sheet likely to contract by US$2 trillion under QT plans, but policy error could easily force a bigger US$3 trillion correction. Wall Street at risk.
Before it’s here, it’s on Smartkarma
