Equity Returns Around the World
And the US Central Bank keeps raising rates. Stock and Bond market performances across the world this year have been nothing short of stunningly scary. This chart is about a week old and since then, China has gone negative and the US is almost flat with the last few days of drops.
So across the world, liquidity is drying up and the US market is the only market not significantly in the red. Markets are a sea of red across the globe and the Fed is tightening the worlds reserve currency...just brilliant. Its almost like they are manufacturing the crises they are going to take credit for trying to fix.
If you don't think the Fed controls the direction of the Equities markets you haven't been paying attention to history. They always tighten right into a recession. This is way to much power for any group of people to have over the economy.
This is why the founding fathers fought so hard against central bankers.
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Those are some scary charts
I think interesting and crazy times lie ahead my friend.
I enjoyed this article, but I do have to point out that the Jefferson quote is spurious: https://www.monticello.org/site/jefferson/private-banks-spurious-quotation
Thanks, good looking out...I removed it.
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Well... Argentina is being stealed. Hardcore.
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