It is a bumper week of U.S. corporate earnings and one that will tell us more about the devastating impact of coronavirus on the economy.
However, former Goldman Sachs hedge-fund manager Raoul Pal said the dollar was the world’s “biggest problem” and that the signal to sell equities was coming soon.The chief executive of Global Macro Investor, who predicted the 2008 financial crisis, said: “You see the biggest problem the world faces is the dollar.
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Soon Hahaha. Already done.
Some experts have been saying that since 2009
We might well see that signal this week.... Not looking too good ⬇️
Coming soon? That signal has been loud and clear for a while now
Debt to GDP ratio too high for too long is unsustainable.