The DAX has definitely popped! Some say that the Federal Reserve and the ECB will un-pop what has been popped. I have serious doubts about that!
When I was a child I tried sticking back my bust balloon with sellotape and blowing it up again! It didn't work. I think the FED and ECB will be taught the same lesson. They may blow some hot air of cheap money back into the balloon but I can't see this re-inflating to health any time soon. I apologise to the bulls.
When I was a child I tried sticking back my bust balloon with sellotape and blowing it up again! It didn't work. I think the FED and ECB will be taught the same lesson. They may blow some hot air of cheap money back into the balloon but I can't see this re-inflating to health any time soon. I apologise to the bulls.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
