Safe to say, good things come to those who wait. We must be approaching a very precarious edge soon. We just cannot keep having inflation, interest rates, fuel shock, new taxes producing cost of living, rental , wage, pressures and it not end badly. Markets need to reset!
Asset bubbles are forming everywhere and risk hedge gold surges on. Alarm bells are ringing and despite my warnings to all, the greedy continue not to listen. What more can one do?
A double rate cut in USA. I have seen stupid things in my life….. if the inflation dragon flares from here, the interest rate increase needs will magnify. This will be a big mistake. Forget stimulating the economy , just fight inflation to the death. Pain 4 gain.
A double rate cut in USA. I have seen stupid things in my life….. if the inflation dragon flares from here, the interest rate increase needs will magnify. This will be a big mistake. Forget stimulating the economy , just fight inflation to the death. Pain 4 gain.
Don’t be fooled. Rates must continue to go up for some months after the Inflation dragon is dead. The side damage maybe the economy and a deep recession but so be it- no time 4 leniency.Don’t slay the dragon and the economy will be much worse. Get rid of debt.
Don’t be fooled. Rates must continue to go up for some months after the Inflation dragon is dead. The side damage maybe the economy and a deep recession but so be it- no time 4 leniency.Don’t slay the dragon and the economy will be much worse. Get rid of debt.
In 2008, the world had too much debt. GFC should have dealt with it by allowing banks to go bankrupt. But we printed money, saved the banks and kicked the can down the road. Until GFC 2.0 when we get a second chance, albeit more painful to wipe out more debt. Let them go bust!
Say I have $1000 Etf in Vanrocks Global Gilt fund. Who, When, will the trustee ask me, how I want to vote, rather than their trustees hijacking my Proxy Voting rights to change the boardroom views across the world for their political agenda. Very Dangerous - going unchecked. ASK!
@stevenjeverett Thanks for reply, in some, Could those listed equities we think are there, have been “rented on....... “ read the PDS fine print. Remove the intermediaries and have direct title to the asset in the times that are approaching. Beware of exotics. Good luck my friend.
Complicated and exotic financial instruments including ETF s, will be the dangerous hunting grounds. Their achilles heel is the liquidity. As everyone trys to come back through the gate at the same time………frozen! But wait , what, you never told me!
A lot of greedy people will lose a lot of money. When they do they will look to blame their professional advisers, their banks their auditors , their Stockbrokers, etc........ but it was their own greed. .... and they should be held responsible. No one else.
2008 Gfc record money printed,
2020 Covid record money printed.
We have not had Inflation fallout yet. Could we be about to get a double whammy?
Ie A task requiring double Whammy interest rate hikes? More than we have ever seen before?
#inflation#interestrates