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Fed head Janet Yellen babbled some of the most undecipherable Fed speech in the history of Greenspanish baloney on Thursday night. Ten of the most important markets on the globe are in some form of crash mode. Commodities are crushed, and global tensions are running at volume ten.
On Sunday's edition of the Financial Intelligence Report we're going to explain the mechanics behind the "assassination hit" that the US is putting on Volkswagen, and put a lot of things into prospective. Make sure you've signed up for the Free newsletter so you can read it when it comes out, I think you'll find it quite interesting!
We face a dichotomy. It certainly doesn’t get much press and frankly most people never put two and two together, but I believe it is something we need to at least give some thought to.
We know the Central Banks of the world have inflated bubbles of enormous size in both bonds and assets, especially equities. Why have they done that? Well the common thinking is that they’ve done that to ward off economic disasters and keep economies moving higher. Okay, let’s go with that for a minute.