Yikes..... This should be another red flag. But move along move along. Nothing to worry about. Amount of global debt with negative yields balloons to $15 trillion https://www.cnbc.com/2019/08/07/biz...ebt-in-the-world-balloons-to-15-trillion.html
Good. I'll get to hopefully pay $1.78 a gallon for gas after the barrel drops below $27!!! Hopefully goods and services will drop too just like they jumped when oil went from $50 to $100+ Maybe a ham and cheese sandwich for $7.99 will now cost $4.99 at my local deli.
Meh, Mr T is doing the hammer dance on china's economy with new announcement, but the PPT will come and blast, 2 days this week seen 3 % reversal intraday on no news! If the Fed wants to blast 30-40 Billion on bad days, it doesn't matter, they can create money infinite, it's a computer key stroke Lil china is realll close to collapse tho, they are having trouble defending cnh as we speak which is nuts cause lower they send it, more the collapse will be vicious... Yuan devaluing is extremely bad for them, so if they can't defend it, you know it's not by choice, they can't refi USD Swaps... HSBC CEO Firing was huge bearish for PBOC T on china's Yuan
President Donald Trump told reporters on Friday the U.S. will not do business with Huawei. He also said the U.S. is not ready to strike a trade deal with China. Wow. More news on no chance of a China deal anytime soon. Wowsers who would have thought otherwise.
If the markets continue selling off, 8-9-12-17-23%%% trump is going to eliminate all tariffs and the fed will play catch up with the rest of the world knocking rates to zero percent and eventually negative. We could have had a few recessions in the last decade, but the fed bowed to wallstreet, so now instead of having a few recessions we are going to have a full blown crisis thanks to the fed propping up markets. All because wallstreet wanted it's gains!