Ep. 325 – Billionaires + Negative Guidance

The Kapital News
The Kapital News
Ep. 325 - Billionaires + Negative Guidance

Today we discuss the Democratic debate in Las Vegas that was held this evening prior to the Nevada caucuses and we also chat about the global markets. It has been a consistent theme for the last so many days and weeks that the global markets continue their ascent despite further deterioration of fundamental economic data. Further still, on a technical basis, stocks and other financial assets are greatly disconnected from their underlying technical levels as well. Something is greatly amiss. If it was a true panacea – that central bank liquidity injections cured all ailments, then why has it taken mankind so long to figure this out? Perhaps it’s because monetary injections and intervention is NOT a cure-all. In fact, this is setting the stage for what may become the largest financial and economic crises the world has ever seen. Can the irrationality continue? Of course it can. But the longer the boom – the bigger the bust. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Stocks #DemsDebate #Recession #EndTheFed #Politics #USA #Coronavirus

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