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The Recusant
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Stock Market Correction Hasn’t Begun to Begin! It Will (And North Korea Has Nothing to Do With It) - Mish - Global Economic Analysis

In a far ranging conversation this last weekend with a well-known analytical economist, Fortune magazine cover veteran, and Bernanke acquaintance, I was informed the "Big One" will hit in March of 2020 after a massive hyperinflation and bond market crash. Of course, for every economist there is an equal number of prognostications of varying degrees of reliability. I personally expected the crash to have occurred about five years ago...so much for the snail-paced movement of rational investor thinking. Balloons are meant to be popped but this enormous balloon is apparently hard to reach with a pin of reason.

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Début de l'article :With the threat of nuclear war with North Korea looming, inquiring minds may be wondering what that threat is currently worth. Indices Currencies Commodities Bonds The above are charts from Investing.Com. What’s the Threat of Nuclear War Worth? If you assign today’s movement to a nuclear war threat here are some possible assignments: Commodities: Gold was up less than one percent, silver up a bit more than a percent, oil fell about 2%. Equities: The Dow dropped less than a percent, the S&P... Lire la suite

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