"Derivatives top the list, estimated at $1 quadrillion or more in notional value according to a variety of unofficial sources."
"Desperate governments will take desperate actions."
"... we must consider that all of the newly created money and debt, crippled supply chains, and many other economic, social, demographic, and geopolitical factors can suddenly offset deflationary imbalances and supercharge prices when the economy does pick up."
"Central banks have pumped $4 trillion into the financial system over the course of the last two months."
"Yes, another $4-6 Trillion in QE will likely be successful in inflating a third “bubble” to counteract the last deflation."
"Stocks, though, are rallying in the face of historically awful economic numbers, in a bet on higher profit margins and an aggressive recovery that seems increasingly risky."
"The “Japan Syndrome” suggests that while interest rates are near lows, it is more likely to reflect the real levels of economic growth, inflation, and wages."
"The endgame of three decades of excess is upon us, and we can’t deny the weight of the debt imbalances currently in play."
"No money printing scheme in history has ever successfully solved an economic crisis."
In the last six weeks, the Fed, BoJ and ECB have issued statements saying they are prepared to buy “unlimited” amounts of bonds.
"Just remember, when the market does bottom, there will be no one wanting to “buy.” "
"... if you need to withdraw some emergency cash from your 401(k) ... you may run into challenges."
"...the markets are addicted to Fed interventions"