"In May 2018, we reported a 47% increase in total consumer debt. Today, that debt is still on the rise, now at a staggering 61% increase since 2008."
"Given that oil prices are a reflection of global economic demand, falling oil prices have a negative feedback loop in the economy as a whole. The longer oil prices remain suppressed, the negative impacts of loss of employment, reductions in capital expenditures, and declines in corporate profitability will begin to outstrip any small economic benefit gained through consumption."
"The Fed and media are vehemently defending the latest round of repurchase market (“repo”) operations and T-bill purchases as “not QE.” Before the Fed even implemented these new measures, Jerome Powell was quick to qualify their actions accordingly: “My colleagues and I will soon announce measures to add to the supply of reserves over time,” “This is not QE.”"
"The yield curve is inverted once again. And that’s flashing another recession signal."
"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency."
"What is going on here? The Fed is supposedly engaged in a $60 billion per month QE program. And yet its balance sheet has started shrinking."
Is this "the" event that triggers the next bear market and recession?
"...if the Fed is ACTIVELY pulling liquidity to sabotage the markets, it means stocks are going DOWN no matter what is happening with the economy or investors."
"The only question is whether you will be the buyer of “value” at a time when everyone else is selling “growth?”"