Ep. 106A – Epstein + Markets: A World in Chaos

The Kapital News
The Kapital News
Ep. 106A - Epstein + Markets: A World in Chaos

Where to even begin?…We have alleged sex trafficker, Jeffrey Epstein committing suicide while in a maximum security prison. Of course the suicide remains in question. This is likely the tip of the iceberg when it comes to many individuals soon to be prosecuted for sex trafficking and the like. The figures in Epstein’s social circle consists of politicians, business executives, and celebrities. It is not a far stretch to imagine that a few members of “high society” are also somehow involved. However, everyone is innocent until proven guilty in a court of law. Clearly, something is amiss when a high-profile inmate commits suicide, is killed, etc… The question is, who benefits from his death? It is in this question that answers will be found. In global markets, we continue to witness a sell-off in equities, a flight to “safe-have” government bonds, and precious metals. Global yields continue to make multi-year lows and even all-time lows depending on the nation and the duration. The spread between the 10 and 2 year US Treasury is at its tightest spread in years and is nearly inverted. The 3 month and 10 year has been inverted for some time, yet, once the 10 and 2 year inverts, it’s basically a foregone conclusion that the end of this record-breaking expansion is drawing near. Protests continue in Hong Kong, leading authorities to shut down all out going air travel. This will be the 11th week of protests amid growing concerns that mainland China is seeking to exert more control over Hong Kong. This simply adds to the global uncertainty and may serve as another piece on the geopolitical chessboard, especially regarding the US-China trade war. Also, there was a surprise upset in the Argentinian elections – the market sold off 48% and the peso is trading at record lows against the US dollar. All corners of the globe are on edge and the bigger the bubble, the less the pressure that is needed to cause its bursting. Stay diversified, stay vigilant, and stay with The Kapital News. #Epstein #Justice #WakeUpAmerica #Economy #Politics #Investing #HongKong #Peace

Join the discussion...