Unstoppable Force (Coronavirus) vs. Immovable Object (Central Banks)
The Unstoppable Force Right now, the Coronavirus is not to be taken lightly. From initial coverup to its "relentless march outward", it has been a thus far unstoppable force. As…
The Unstoppable Force Right now, the Coronavirus is not to be taken lightly. From initial coverup to its "relentless march outward", it has been a thus far unstoppable force. As…
Kevin Muir wants you to guess who's buying gold. If you guessed global central banks you'd be correct. The caveat as we've noted over the years, for every buyer there…
Let's take a stroll through the interest rate situation, using daily charts instead of the usual bigger picture weeklies a day after Lael Brainard schooled us about the "new normal"…
Mohamed El-Erian gives a good review of the recent history of Central Bankers' descent down the rabbit hole of unconventional monetary policies. A calm, rational man well worth a listen…
It is beyond me how conventional market participants can continue to play this game without having already completely lost confidence in the Central Bankers of the developed world, save for…