Lions and Friends. We Have A Problem With Market Risk...
From Greg M
Lions and friends…
Below is a snapshot of the MMRI. Take note of the red line I drew, this is a support level, and as you can see risk remains in an uptrend. This is a concern… We need to see this support level broken to the downside, which would denote a turn in the current trend.
We are aware that currently China is dumping record amounts of US debt, which can only mean one thing, the Fed. Is buying it. The Fed here, without INCREASING their purchases of debt, (which is highly inflationary), it is very likely that we will see market risk climb.
The bottom line here is we need to keep our eyes on this support level.
GM
Follow the MMRI in REAL TIME. Click HERE.
China is not the only nation dumping US debt. The WORLD is DONE dealing with the crime syndicate.
per Yahoo Finance:
"Jamie Dimon delivers startling message about inflation"
Imagine our shock "startling" inflation message... hahaha these baffoons - were any of us "startled" to hear that they dont have a plan to fix inflation...or that it was stickier than anticipated.
Yet these wank ers are wrong at every turn...normal people would be FIRED with this track record.