For the first time in at least 5000 years we have driven interest rates below the zero marker Negative yielding bonds used to be considered impossible.Now they are metastasizing

“Fed Knows policy doesn’t work anymore but won’t admit it” “If you’re the Fed, Wednesday was the day the music died.” – Jim Rickards Fed’s Williams calls for an overhaul

“Impossible” divergence between S&P 500 and two key growth indicators Biggest ever gap between S&P 500 and productivity Last week”s NFP jobs number was miraculously boosted by an astonishing change

Corporate Profits And Margins Peaked In 2014 Last 50 Years: This Decline In Earnings Always Led To An Equity Bear Market The Latest GDP Data says something very similar about

  Central Banks “Let’s Pretend” Social Fragmentation Suits The Powers That Be “policymakers have been calling a depression a recovery for nearly a decade” This morning BOJ wonders about policy. Chaos

Bernanke meets Abe this week. What did Einstein say about insanity? Fed’s Mester Says Helicopter Money “The Next Step” In US Monetary Policy After All The Fed Has a 100

  Hussman explains investment “head of the snake – the poisonous gap between paper wealth and real wealth” How far has the Fed put the S&P 500 off the map? Historic 5 year

IMF: “Deutsche Bank Poses The Greatest Risk To the Global Financial System” Central banks (BIS) say their actions have “started to backfire” Recent rise in US delinquency rates on bank