So his notion is - If FED starts raising IR it would crash the stock market, hence his current outlook 2016 will see the beginning of a substantial bear market, perhaps beginning of which we are witnessing right now. But his longer term view is hyperinflation, so does that mean that the FED will reverse it's stance on raising IR and bring it back to ZIRP or even NIRP and of course QE, lots more than what's been done already? Time will tell. Both videos are from June 2015.
0.7% GDP Haaaaa All those rate hikes are now forgotten... Back to 0% we go....and negative rates in the next 12-18 months
I'm out of both spxl and SPXS....will be buying spxs once the S$P is back above 2000 and SPXS is under $17... Been waiting patiently this time around. Sold most of my short etfs on the last drop... Was in DDM UDOW over 2 weeks ago...sold a bit early but I know I'll be able to buy those back low again. .
Ha-ha market up on that bank of Japan interest rate cut to negative interest rates....hahah This is has to be the funniest thing since the beginning of QE....really it is.... To see markets behave in a positive matter to NEGATIVE INTEREST RATES tells you just how backwards these markets are.. Wait till we get NEGATIVE INTEREST RATES in the US... No one understands how fu%ked up these markets really are.
But the last time Japan did QE, it lasted the entire month of rally. Aren't you worried market can keep going for 1 month?