5 thoughts on “CHART OF THE DAY

  1. Just a BRICS in the Wall

    If the Central Banks don’t keep manipulating interest rates to ZIRP and if interest rates were to simply normalize; the global economy would quickly come to a grinding halt – then go into reverse.

  2. Just a BRICS in the Wall

    All the FED can do at most is a couple “token” rate increases before cratering the stock market and the US economy.

    1. gary Post author

      Markets and commodities can gold up as interest rates rise. Rising interest rates means liquidity is coming out of bonds. It has to go somewhere.

  3. Ryan

    And magically, the Spoos up 1% this morning. All hail the mighty and powerful Central Banking cartel!

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