Thanks Gregory! As the MMRI rises, the global elite and their agents capture more wealth from the economy. This is the perpetual redistribution of wealth from those who have less to those who have more.
I guess musk, Zuckerberg, and all the tech billionaire ceos whose shares have cratered 50,60,70% and thus their wealth and that of thousands of their laid off workers who support the economy and who are using credit cards to live didn't get your memo.
Questions: the present situation doesn't have anything to do with government actions of unfettered spending, shutting down industries ( energy), and / or the US economy for a year or more?
Mmri now vs 1980s with strong dollar and 12-15 fed fund interst rates
So agree with Jeff dow re mmmri as probably a better risk gauage since it incorporates debt as percentage of gdp; but even that indicator would have been 2 to three times higher with Paul vokers war on inflation by the raising of fed funds rate greater than rate of inflation.
Most people who are right are usually too early. GM is right that the central banks are not done, but i think they can keep this game of risk going longer than we think, even when it appears that we are knocking at the door.
What Central Banks are good for, since 2008...is "kicking the can down the road". Everything got very real for them during the plandemic, and now they have to hold it up like a house of cards. I think they do have the firepower, but they are giving us a taste of what is inevitably coming, so that when the time comes, the people can tolerate it better. In my opinion, the debt market could remain insolvent for all of 2023, maybe into 2024...with more REPO scandals to trick the system.
I have been preaching since June of this year, that in my opinion these rate hikes are meant to raise bond yields for one purpose...which is to allow the Central Banks to drop them from a higher benchmark for a longer period of time. In other words, slowly bleeding the equity markets for a longer period of time without much damage done. If you think about where the FED Funds Rate is sitting, it is not appealing for central banks (and their purpose) to keep "kicking the can down the road". They do not care about the equity market at all...they are focused solely on printing massive amounts of debt...and with the benchmark too close to the floor, they have little room with little time to allow real liquidity to keep surging.
By allowing the markets to bleed from global bonds selling off slowly, they are just creating an influx of supply and demand...and when supply reaches its max and demand reaches the bottom, this market is going to have a surge of liquidity greater than we have ever seen. Until then, more bleeding...not so much damage.
I always listen to people who say "you're wrong. that's not true"...and have no debate or perspective to prove the other person wrong. What is your reason for claiming that I am wrong?!
Thanks GM for all you do and keeping us in the loop . 🙏🏻✌️. Btw tell Gerard I bought a BS button for my hubby for Xmas said even if I had paid £300 on another gift . Couldn’t beat the BS button . Walks the dog with it in his pocket 👍
This rate I’ll be buying all the buttons and just press them all to engage in any convo on the outside
Thanks Gregory! As the MMRI rises, the global elite and their agents capture more wealth from the economy. This is the perpetual redistribution of wealth from those who have less to those who have more.
I guess musk, Zuckerberg, and all the tech billionaire ceos whose shares have cratered 50,60,70% and thus their wealth and that of thousands of their laid off workers who support the economy and who are using credit cards to live didn't get your memo.
Questions: the present situation doesn't have anything to do with government actions of unfettered spending, shutting down industries ( energy), and / or the US economy for a year or more?
Mmri now vs 1980s with strong dollar and 12-15 fed fund interst rates
So agree with Jeff dow re mmmri as probably a better risk gauage since it incorporates debt as percentage of gdp; but even that indicator would have been 2 to three times higher with Paul vokers war on inflation by the raising of fed funds rate greater than rate of inflation.
Most people who are right are usually too early. GM is right that the central banks are not done, but i think they can keep this game of risk going longer than we think, even when it appears that we are knocking at the door.
What Central Banks are good for, since 2008...is "kicking the can down the road". Everything got very real for them during the plandemic, and now they have to hold it up like a house of cards. I think they do have the firepower, but they are giving us a taste of what is inevitably coming, so that when the time comes, the people can tolerate it better. In my opinion, the debt market could remain insolvent for all of 2023, maybe into 2024...with more REPO scandals to trick the system.
I have been preaching since June of this year, that in my opinion these rate hikes are meant to raise bond yields for one purpose...which is to allow the Central Banks to drop them from a higher benchmark for a longer period of time. In other words, slowly bleeding the equity markets for a longer period of time without much damage done. If you think about where the FED Funds Rate is sitting, it is not appealing for central banks (and their purpose) to keep "kicking the can down the road". They do not care about the equity market at all...they are focused solely on printing massive amounts of debt...and with the benchmark too close to the floor, they have little room with little time to allow real liquidity to keep surging.
By allowing the markets to bleed from global bonds selling off slowly, they are just creating an influx of supply and demand...and when supply reaches its max and demand reaches the bottom, this market is going to have a surge of liquidity greater than we have ever seen. Until then, more bleeding...not so much damage.
You're wrong. That's not true.
I always listen to people who say "you're wrong. that's not true"...and have no debate or perspective to prove the other person wrong. What is your reason for claiming that I am wrong?!
Great job.
With the rising bond market instability, when and or would JEPI be a concern?
I like the MMMRI, because it incorporates debt into the equation.
Thanks GM for all you do and keeping us in the loop . 🙏🏻✌️. Btw tell Gerard I bought a BS button for my hubby for Xmas said even if I had paid £300 on another gift . Couldn’t beat the BS button . Walks the dog with it in his pocket 👍
This rate I’ll be buying all the buttons and just press them all to engage in any convo on the outside
Love from Segregated Scotland 🙏🏻✌️🥰💃🤍
Watching it