“We’ve finally reached the beginning of the end of this grand policy experiment. As a politician, all you can do now is panic & print. No, you can’t print growth.

The Bank For International Settlements annual review, out last Sunday, reveals  the reasons for the current state of global financial incoherence. At last a major policy institution has stated the

“Americans’ confidence in most major U.S. institutions remains below the historical average for each one,” a Gallup spokesman said in a news release. All in all, it’s a picture of

The chart above  shows that Personal Consumption Expenditure (PCE) after auto loans, student loans, and personal government subsidies “has been trending down for 5 years and has now gone negative. 

  The distortions and dysfunction in markets have reached a point where it has become essential to recognize that the financial system has become a system of financial repression (FR). While this viewpoint

“Don’t Fade the Fed!” has been the most successful trading and investing strategy for over 6 years. This simple recipe has been driven by the Federal Reserve, and other central banks, as their “market activities” have

  The Atlanta Federal Reserve GDPnow model is quickly growing a reputation for the most accurate advance estimate for GDP. It is now tracking a negative growth rate for GDP over

The one clear message from the Fed meeting this week, was that any economic indicators that did not fit their narrative were just “Transitory”. Having been consistently wrong in their forecasts