24/12/18

Fund Manager: The Financial System Is Becoming Increasingly Unstable

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Fund Manager: The Financial System Is Becoming Increasingly Unstable
// Silver Doctors

Bank stocks are in a bear market. Liquidity is drying up, and there's a massive liquidity crisis developing. Who better to explain it than Dave Kranzler… by Dave Kranzler of �…�

The post Fund Manager: The Financial System Is Becoming Increasingly Unstable appeared first on Silver Doctors.


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Seeds Of Market Collapse Lie In The Fed's "Autopilot" Balance Sheet Normalization

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Seeds Of Market Collapse Lie In The Fed's "Autopilot" Balance Sheet Normalization
// RSS

Authored by Chris Hamilton via Econimica blog,

A lot of talk last week centered around the potential for the Federal Reserve to revise their planned "normalization" of holdings on their balance sheet. In particular in the post FOMC press conference, Powell said, "I think that the runoff of the balance sheet has been smooth and has served its purpose and I don't see us changing that,"...and then "The amount of runoff that we have had so far is pretty small and if you just run the quantitative easing models in reverse, you would get a pretty small adjustment in economic growth, and real outcomes." 

Trouble is, the correlation of changes in the Fed's balance sheet to asset prices are unambiguous that Powell is either unwittingly wrong or, more likely, knowingly collapsing an asset bubble that was in large part created by the Federal Reserve itself.

Fed Held Treasury's

To set the table, the chart below shows the total Federal Reserve holdings of US Treasury's (blue line) and weekly changes (yellow columns) from 2003 to present.  The August '07 through January '09 period is noteworthy as the only period with a like Treasury holding drawdown to what we are presently witnessing.  The subsequent highlighted areas show the periods of no growth in Treasury holdings, or most recently the outright declines.  The most recent period represents just $230 billion reduction of a proposed $1 trillion total "normalization" in Treasury holdings.

Perhaps the reason equities tanked when Powell suggested that the Fed's plan to normalize its ....

Dalla Siria all’Iran: Trump sta distruggendo l’America per salvare se stesso

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Dalla Siria all'Iran: Trump sta distruggendo l'America per salvare se stesso
// linkiesta.it

Trump

Il ritiro delle (poche) truppe Usa dalla Siria lascia campo libero a Mosca. E non è l'unica mossa contraddittoria o autolesionista. Tanto è vero che il Segretario della difesa Usa si dimette


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La Piccola Fiammiferaia… La Nostra Vita!

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La Piccola Fiammiferaia… La Nostra Vita!
// icebergfinanza

Risultati immagini per piccola fiammiferaia icebergfinanzaUn appuntamento al quale non posso assolutamente mancare ogni anno,  la nostra piccola fiammiferaia, ogni anno cerco di dipingere nuove sfumature di questo racconto che ormai accompagna ogni Santo Natale del nostro lungo viaggio, di un'attualità impressionante questo racconto, come … Continua a leggere
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5 Stelle. La stretta sulle modelle

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5 Stelle. La stretta sulle modelleNon si può dire che i deputati del Movimento 5 Stelle non si impegnino. Vedihttps://www.finanzaelambrusco.it/articoli/articoli/politica/5-stelle-la-stretta-sulle-modelle/

Egon von Greyerz: THE REAL Gold Price Is The Lowest Price IN 50 YEARS

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Egon von Greyerz: THE REAL Gold Price Is The Lowest Price IN 50 YEARS
// Silver Doctors

We're approaching the beginning of the biggest wealth destruction in history, just as the real gold price is the lowest in 50 years. Here's Egon to explain… by Egon von �…�

The post Egon von Greyerz: THE REAL Gold Price Is The Lowest Price IN 50 YEARS appeared first on Silver Doctors.


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It's Not Just Trump: A Wall Street Chorus Is Calling For Powell's Scalp

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It's Not Just Trump: A Wall Street Chorus Is Calling For Powell's Scalp
// RSS

Pity Jerome Powell.

The Fed Chairman, who as a reminder has been at his job for less than a year, inherited a legacy of poor choices and even worse consequences. As One River Asset Management correctly wrote in its weekly note, Powell's predecessors left him with mission impossible: the Fed chair faces a dire dilemma of on one hand either continuing the failed policies of the past decade that have resulted in the "everything bubble"...

... or biting the bullet and at least trying to stick with the painful "renormalization" pathway of ...