Jim Grant: Inflation Has Its Origins at the Fed
“This inflation could not have happened but for the policies of central banks”
Gundlach: US Needs to Go to Debt Rehab
Addiction to debt
US Current Account Deficit Ex-Oil Worst Ever
Doubled since 2019 as a percentage of GDP
Hugh Hendry: This Could Be More Severe Than 2008
“Desist. Walk away”
S&P 500 Bear Markets
How to engineer a bad outcome…
Mark Spitznagel: Fed Will Never Be Able Normalize Rates Again
“I think we should worry more about deflation is really what I am saying…”
Market Pricing in 75 Basis Point Hike as GDP Forecast Crashes Back to near Zero
Meanwhile Q3 GDP is plunging back near zero
Nasim Taleb: Market Needs to Come Down Further
“Experience in finance with a discount rate near zero is like having studied physics except without gravity”
Visualizing the European Union’s Aging Population by 2100
Demographic nightmare