Great video like always great job!. My opinion is that there is too much euphoria in the markets unemployment ticking up to a level that is correlated with continued weakness. Job openings are bad and it looks like the fed is freaking out with the 50 basis points cut. Right now, I think there is more value bonds despite the volatility and the market manipulation is going on. And I am betting on recession coming soon.
Thank you for the video! Do you think that the record debt of US can have a negative impact on the trust of people in TLT? Or this fear is pushed into the future by the lowering rates that will also benefit US by making them borrow cheaper?
Great question, for me it's a question of well who else is there? The world bond market is gigantic (100 trillion or something). If money doesn't go to US bonds, where can it even go? Even the banks, they don't hold worthless cash they hold bonds as their 'cash'. Do banks just magically change their structure because of a little more debt? US would have to sprial to 100T or something ridiculous before the world riots.
Thank you for doing this.
Thanks for putting up with the cracking voice!
Thank you. Great work.
Thanks for watching!
Great info. Thanks
Glad it was helpful!
Great video like always great job!.
My opinion is that there is too much euphoria in the markets unemployment ticking up to a level that is correlated with continued weakness. Job openings are bad and it looks like the fed is freaking out with the 50 basis points cut.
Right now, I think there is more value bonds despite the volatility and the market manipulation is going on. And I am betting on recession coming soon.
I just hope the market holds together for a Christmas rally!
Thank you for the video! Do you think that the record debt of US can have a negative impact on the trust of people in TLT? Or this fear is pushed into the future by the lowering rates that will also benefit US by making them borrow cheaper?
Great question, for me it's a question of well who else is there? The world bond market is gigantic (100 trillion or something). If money doesn't go to US bonds, where can it even go? Even the banks, they don't hold worthless cash they hold bonds as their 'cash'. Do banks just magically change their structure because of a little more debt? US would have to sprial to 100T or something ridiculous before the world riots.
All the analysts think we have one more all time high in us. That tells me theyve all already bought in.
Don't tell me that, let me be delusional
I don't think 2019 is a great comparison because the recession was caused by the pandemic which was a completely unpredictable black swan event
It was more about we were heading towards recession anyway, the lockdowns just sealed the deal
Investors arr not paying attention. WE ARE in recession. The M2 money flow is reducing the layoffs are massive!
M2 from memory is engineered, not taking into account things like reverse repo. Like I said in the stream, we can't even trust our data anymore.