Forget the market, look at your neighbours, go to the high street, count the number of people walking vs driving to the small shop!
We are already in a recession in Europe, UK and the US, it's just the data is not showing it yet. When it's down....then watch out below
This will be at the same time when the Fed (having no choice) but to destroy the bizarre situation of mid profitable companies going to the junk budgets and borrowing billions at negative rates to buy ludicrous buybacks...
We are already in a recession in Europe, UK and the US, it's just the data is not showing it yet. When it's down....then watch out below
This will be at the same time when the Fed (having no choice) but to destroy the bizarre situation of mid profitable companies going to the junk budgets and borrowing billions at negative rates to buy ludicrous buybacks...
We are already in a recession in Europe, the UK and the US, it's just that the data is not showing it yet. When it does....then watch out below
At the same time, the Fed (having no choice) is in a situation to destroy demand and tighten financial conditions, there is this bizarre situation where mid profitable companies are going to the junk bond market and borrowing billions at negative rates to buy ludicrous buybacks... Remember that one-man company in the US that was worth $1B Dollars in 2020, it ran up 10,000%