Brad Huston
@BradHuston
The Fed's curtailment of term & overnight repos will only last as long as the stock market's ability to make new all-time highs. Stocks are the new safe haven asset, the new savings account while pms and bonds have become "speculative assets." The Fed is all-in with stocks.
Erik Hagar, CFA
@erikhagar
Credit card companies and subprime lenders are in a good place - lend at 17.50% and get bailed out daily by the FED (Freemoney Every Day) https://twitter.com/alessiourban/status/1228100075055874048 …
Otavio (Tavi) Costa
@TaviCosta
Remarkable.
The entire Treasury curve is below inflation for the second time in history.
First time?
Late-2016, at the beginning of a tightening cycle.
This time, central banks are easing globally in a typical late-cycle environment.
It’s the perfect storm for gold.
http://www.investmentwatchblog.com/shelton-says-the-fed-can-always-engage-in-purchases-of-assets-during-the-next-downturn/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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