I have uploaded a Markets podcast for August 15, 2018. Click here to go to the show archives page to get the links to the articles discussed and to listen, or you can listen on the link below.
-As the world attempts to deleverage, the US dollar will rise and that will put pressure on the emerging markets. This is the first casualty of a tightening US Fed policy.
-What else can we expect? Bernanke, Yellen, and Greenspan warned us in late January-early February.
-The central banks gave us the most accommodative policy in history for almost eight years and still has a relatively loose policy.
-The US Fed cannot raise faster as it battles the shorts on the 10-year and keeps an eye on the rising dollar.
-The US domestic economy is doing well when compared to the rest of the world. Domestic monetary policy objectives conflict with international objectives.
-My cash recommendation is still in effect. pay down higher rate loans. Build up your collateral position for the next bust.
-Look at the above chart; the elites know what is coming and are positioning themselves accordingly. We need to do the same.
-Don’t fall victim of the social proof tendency (doing and thinking what everyone else in the alt-financial media is discussing).
-So what if there is a currency reset? It is still incumbent on us to be as liquid as possible.