'If you are arguing that rate cuts are good for stocks, you’re willfully ignoring this...' -- northmantrader
It’s worse. Much, much worse. What is? Everything, in terms of preparedness for the next U.S. recession.
Or, if you don’t want to chase, you can lend money and pay people to borrow from you. It’s all the rage:But be clear — the bond market is screaming “a recession is coming,” even though none of this is based on fundamentals: For things are not better this time; they are worse, much worse, and central banks are reacting to it again. Because they have to.Can we just skip to the part when central banks own all stocks, the top 1% own all land, and MMT governments print guaranteed incomes for the rest so they can play Fortnite 35 while AI bots drone deliver burgers and toys to their 3D printed homes?
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