I’ve been featuring this chart lately as a canary in the coal mine for what’s really going on in the banking system. The Fed has published it in its weekly H8 banking data for oh, the past 30 years or so. It doesn’t like what it sees, or what it tells…
I began to warn in December 2021 that the process of the CLI flattening was beginning, and that that would lead to bad things happening.…
Let’s ask “cui bono” of the $33 trillion in added debt and the $9 trillion added to GDP: to whose benefit?
Well, I had become accustomed to Sunday being the Everything Green day, as the deeply-embedded Stonks Only Go Up psychosis always commenced each and every new week. What a refreshing change to see a sea of red. We’ve taken out last week’…
We’re on the doorstep of massive T-bill paydowns over the next 4 weeks, that are a bullish influence every year at this time. But stocks…
Finally, something besides Fed ramblings and Ukraine news to drive the market. And then, of course, the week following is the Big Kahuna.
It increasingly appears the world has reached a critical historic juncture – the transition away from an unparalleled market, financial and economic up-cycle.
My apologies! I sent this out earlier this week with a link to the previous weekly report. Now corrected. Happy Easter and Happy Passover! A…
When the system can’t borrow more and distribute the insolvency, it implodes
Want to see a real bear market? I present to you: United States Treasury Bonds (AKA faith in the future of this once-great country): That major trendline break in recent weeks is a stunner.