We havent talked much about the economy of late. If we listen to Powell, things are on fire. Of course, when one looks at two metrics, it could be led to believe that.
In this video I discuss how the situation in England is no surprise and how pension funds are getting slammed. This is going to cause even more problems down the road. As for the US, there is still a lot to be leery about. We are watching inventories along with consumer demand as a metric of what will be taking place.
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And those pension funds, how much money would they be talking about?
The numbers were never good but I think the countries will run out of bonds eventually. There is only so much supply out there due to all the QE done.
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