Global bankers freakout on stage could yet be another red flag that the endgame is nearing and depending on how bearish you are that could range from the last buck of the longest secular stock bull market in living memory to an entire global financial reset. Global bankers freakout publicly overspent monetary policy is somewhat unprecedented. Claudio Borio, Head of the Monetary and Economic Department at the BIS, published the BIS...
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Monetary policy is spent and further easing could put the financial system into the red danger zone. Gold’s spot price, monetary policy’s voting machine is signaling to the market that monetary policy is spent. So the great gold rally is underway. Negative interest rate policy (NIRP), is a backfiring gun. Moreover, endless quantitative easing QE is the market’s bubble-blowing clown that is already passé. The law of...
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Palladium, a rare silvery-white metal, has been eclipsed by precious metals performance in the last few months as investors question, is the everything bubble ripe to burst. Palladium has slipped under the radar as investors reconfigure their portfolios to deal with the financial and economic reality. Currency debasement, negative interest rate policy, the inversion of 2s10s yield curve and a raft of other indicators are stoking up...
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Diversifying in the everything bubble is like trying to square a circle. Money manager will go the extra mile to engineer diversification in their portfolio because forecasting is a dicey business. My understanding of a well-diversified, hedged portfolio is one invested in a wide range of assets where those assets prices are inversely, or negatively correlated to each other. So when one asset falls in any given day the other asset...
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