Jul
03
Ignore the Bounce, the Financial System is in Serious Trouble
ByThe financial system is in trouble.
Indeed, by the look of things, we are about to experience a wave of deflation… in years.
Let’s first talk about the $USD.
The $USD has broken above initial resistance (bottom red line) and currently sits just below 95. This is a MAJOR problem for risk assets…
Ignore the Bounce, the Financial System is in Serious Trouble