It Is Different This Time - Back Stopping Risk Going Away

For years now Gov't has been bailing out markets by back-stopping risk for investors using various names
such as the "Cares Act", "Tax Cuts" etc.. under the gist for the people's economy. More and more deficits,
QE, ZIRP etc.. As a result, we have all witnessed massive asset price inflation. This chart shows us how
every time the markets dropped "stimulus" was just around the corner in some form.

This time going forward, deficits are decreasing and rates are rising putting pressure on everything.
From private money creation, personal debt servicing costs to corporate, which results in less
disposable income, profit that will affect consumption and GDP.

Charting is more than just trading and investing.

just a few references I have posted over the last year warning things don't look good.

评论:

I told you its different this time.