Friday, May 22, 2020

A picture is worth a thousand words May 2020






Market Cap to GDP is at an all time high



























The yield curve

























There is extreme volatility with the indexes.

The Fed is using the Repo market to help those in need privately.

The Corona virus affect the whole world to a devastating effect, but the markets haven't fully reflected this. When will there be huge a drop?

There's just not enough US dollars around the world to keep buying assets at such low interest rates. It has to pop, and the FED can't print an infinite amount of money to render the dollar valueless.

Once again, I believe NO ONE truly knows when it will burst, and no one can predict marco-economics with certainty. There's too many variables and only speculators gamble that way.

All I know is, I'm going to hold on to more cash.

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