It’s worse. Much, much worse. What is? Everything, in terms of preparedness for the next U.S. recession.
Or, if you don’t want to chase, you can lend money and pay people to borrow from you. It’s all the rage:But be clear — the bond market is screaming “a recession is coming,” even though none of this is based on fundamentals: For things are not better this time; they are worse, much worse, and central banks are reacting to it again. Because they have to.Can we just skip to the part when central banks own all stocks, the top 1% own all land, and MMT governments print guaranteed incomes for the rest so they can play Fortnite 35 while AI bots drone deliver burgers and toys to their 3D printed homes?
NorthmanTrader And I hate to tell him that this is devastating to savings rates we will just create a whole new generation of people who have no savings when they come to retirement age
NorthmanTrader Yes and there is ocean front property to invest in Arizona! 😝
NorthmanTrader The cash holding rate is historically high now.
NorthmanTrader Anyone who has not been getting a return rate of better than 12% for the last two years IS NOT DOING IT RIGHT.
NorthmanTrader This NorthmanTrader has been bearish the market for over five years and has been completely wrong.
NorthmanTrader If zero rate was great why is the Japanese stock market in the tank since 1992?👿💩👺👹
NorthmanTrader But trump the con man said don’t sell until 2020 december though? 😂
NorthmanTrader
NorthmanTrader Outstanding article! Investors, take heed!