"...the markets are addicted to Fed interventions"
"What this all means is there will be no “V-shaped” recovery."
"The Fed, in an effort to stop this, announced several weeks ago that it would be buying everything. And I do mean EVERYTHING."
"Welcome to United States of Japan."
"...the Fed officially crossed the Rubicon over the weekend."
"Bottom line, the Fed has started up the “money printing press” again, and in an attempt to curb market panic, has essentially cut rates to zero. But that hasn’t worked out well so far, because the market is still in panic mode."
"Germany is the ultimate backstop for the EU. ... German sovereign bonds are beginning to break down."
"We are in a bear market and a recession. It just hasn’t been announced ... yet."
"Stay alert; things are finally getting interesting."
If it looks like a duck, and walks like a duck, and quacks like a duck … it’s a duck.
"While another $2-4 Trillion in QE might indeed be successful in keeping the bubble inflated for a while longer, there is a limit to the ability to continue pulling forward future consumption to stimulate economic activity. "
"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.”"
"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."
"...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."
When the debt bubble pops so will other liabilities like the $1.5 quadrillion of derivatives.