Liquidity Trumps Fundamentals The market has been back in risk-on mode but with some strange internals as well as an ongoing disconnect with fundamentals. It has priced in a joyous cornucopia of Goldilocks assumptions: A return to global central bank liquidity...
We’re Not Borrowing Ourselves Rich; We’re Borrowing Ourselves Broke Peter Schiff has been saying that despite the recent stock market rally and all of the optimism about an end to the trade war, a recession is a done deal. There is plenty of...
