Here is a look at the chart of the day, tidal wave of demand, the problem with central planners, and this should end well.
Tidal Wave Of Demand For Assets
July 9 (King World News) – Hedgeye: “The driver for this secular tidal wave of demand for assets is the action of global central banks, which are encouraging deflation in many economies around the world because of the fact of now $13 trillion in government debt with negative yields.”
The Problem With Central Planners
Daniel Lacalle, Chief Economist at Tressis: “The problem of central planners is one of diagnosis. They think that if credit does not grow as much as they think it should grow and investment and growth are not what they estimated, it is because more stimulus is needed.”
42-Year Chart Of US Yields
Jeroen Blokland: “The US 30-year Treasury yield in one chart! (See chart below).
1977-Today, A Look At US 30-Year Treasury Yields In One Chart!
Chart Of The Day
And the chart of the day comes from Keith McCullough, CEO of Hedgeye Risk Management: “[W]hat both the BASF and AVGO management teams are missing—alongside US investor consensus—is the simple fact that the ongoing global economic downturn started well before any of the trade issues developed. We know – we authored the bearish outlook on global growth back in January 2018 when BASFY stock peaked amid a deafening chorus of “Globally Synchronized Recovery” chants from our competitors……Since then, according to our proprietary Global Macro Risk Monitor, nothing has changed with respect to those views on global growth.” (See chart below).
CHART OF THE DAY: Serious Global Growth Concerns
This Should End Well…
Adam Tooze, Director of the European Institute: “Over the past three years, to offset lower oil prices and finance huge investment plans, Saudi Arabia has sold nearly $70 billion in international bonds, becoming one of the biggest issuers of debt among emerging markets. (See chart below).
This Should End Well…
Wow! Gold & Silver Update, And There Will Come A Time
READ THIS NEXT! Wow! Gold & Silver Update, 2019, And There Will Come A Time CLICK HERE TO READ
KWN has released the powerful audio interview with Gerald Celente and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
More articles to follow…
In the meantime, other important releases…
Are Things Beginning To Come Unglued? More People Borrowing To Get By, What Could Go Wrong? A Warning Regarding Stocks, Plus An Important Gold Chart CLICK HERE TO READ
WHAT DO THEY KNOW? Bullion Banks And Commercials Ramp Up Short Positions In Gold…Again CLICK HERE TO READ
Conditions Similar To 2007 Prior To Stock Market Crash, Rate Cuts Will Not Save It, Worries About Economy Mount, Plus Big Picture For Gold & Silver CLICK HERE TO READ
THIS CAN’T BE REAL: Look At What Just Cratered, Plus Markets Are Not Fair CLICK HERE TO READ
Greyerz – The Road To $18,160 Gold And The Wisdom Of Jesse Livermore CLICK HERE TO READ
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