MARKET FLASH:

"It seems the donkey is laughing, but he instead is braying (l'asino sembra ridere ma in realtà raglia)": si veda sotto "1927-1933: Pompous Prognosticators" per avere la conferma che la storia non si ripete ma fà la rima.


venerdì 17 novembre 2017

Fund Manager: Real GDP Is NEGATIVE And The Fed’s Balance Sheet Is Growing Not Shrinking

D. Kranzler of Investment Research Dynamics interviewed says "Prices are rising faster than the government reported inflation rate.

If GDP was adjusted for the true rate of inflation, GDP would be negative, meaning the economy is shrinking!"

Kranzler also reveals the Fed is lying. Since balance sheet "normalization" was announced, the Fed's balance sheet has increased, not decreased.

There's also discussion of topics such as the stock market bubble, the housing market, the bond market, and precious metals mining sector.

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