Watch Global Credit Markets . . . .

[errolanderson]

Is the long overdue ‘shake, bake and rattle’ time approaching? . . . .

Commodities showing signs-of-a-break as global economies now shift to an even lower gear. Meanwhile, equities at exorbinate record highs on valuations insanely unjustified, while credit markets and derivative leverage remain stretched-like-gumby.
Money-printing (stimulus) has been the duct-tape, yet inflation still remains benign as gov’t debt explodes.

Watch the VIX. It may offer an early warning heads-up. Investor tone could shift on-a-dime (IMO) sometime in the next days/weeks. My opinion . . . .

[TOM4CWB]

Is the long overdue ‘shake, bake and rattle’ time approaching? . . . .

Commodities showing signs-of-a-break as global economies now shift to an even lower gear. Meanwhile, equities at exorbinate record highs on valuations insanely unjustified, while credit markets and derivative leverage remain stretched-like-gumby.
Money-printing (stimulus) has been the duct-tape, yet inflation still remains benign as gov’t debt explodes.

Watch the VIX. It may offer an early warning heads-up. Investor tone could shift on-a-dime (IMO) sometime in the next days/weeks. My opinion . . . .

A good question is as President Biden cranks up the presses of quantitative easing... to finance his 1.9t$ stimulus package... plus his 2t$ green agenda... plus another 1t$ infrastructure projects... plus then yet a further round of stimulus... we may run out of red ink!!!

Perhaps not... no harder to print 100t$ DEBT on our computers than 25T$!!!
I see 100T$ 2008 Zimbabue notes are only $98.00, and then a 5% discount popped up....

https://collectiblescurrency.com/collections/zimbabwe-banknotes/products/zimbabwe-100-trillion-dollar?gclid=EAIaIQobChMIq5CVs8y27gIVSRmtBh02iQZvE AAYASABEgK4cvD_BwE
ZIMBABWE 100 TRILLION DOLLAR | P-91

The Reserve Bank of Zimbabwe started issuing these 100 Trillion Zimbabwe Dollar banknotes in 30 July 2008 . This is the highest denomination note ($100,000,000,000,000) ever printed . Below is the detail.

Grade: Uncriculated ( Brand New )
Denomination: 100 Trillion
Currency Name: Zimbabwean Dollar ( Z$ )
Date: 2008
Series: AA
Paper Type: Lined Paper
Dimensions: 148mm x 74 mm
Color: Skyblue

Security Features: Security features visible from the front include Optically Variable Ink was used in serial number , special green ink dots that glow and triangle graphic on the front and back side when exposed to UV light. The “RBZ” strip and Zimbabwe Bird visible blue color.

I see VW made over 12B$ in the last quarter... so perhaps China and Germany will sail into calmer seas!

Volatility will be massive... in these uncharted economic experiments in fantasy economies... Safe to expect a wild ride!!!

[dmlfarmer]

Amazing how debt is not a problem under a republican or conservative government but becomes so within days of a democrat or liberal leading the country.

No complaints on here about Trump actually increasing the debt by $7.8 TRILLION dollars over his 4 year term (a 40% increase in the US debt in 4 years) and much of that happened during a period of good economic growth, low unemployment, no new wars, and record stock prices.) Yet Biden has been in office less than a week and came in during the largest unemployment since the depression and Covid related costs and all of a sudden the Conservatives are comparing the US to Zimbabwe.
https://www.msn.com/en-us/news/politics/under-donald-trumps-watch-the-national-debt-increased-by-dollar78-trillion/ar-BB1cKXOI https://www.msn.com/en-us/news/politics/under-donald-trumps-watch-the-national-debt-increased-by-dollar78-trillion/ar-BB1cKXOI
https://www.thefiscaltimes.com/newsletter/20210115-Trumps-Legacy-78-Trillion-Rise-Debt https://www.thefiscaltimes.com/newsletter/20210115-Trumps-Legacy-78-Trillion-Rise-Debt

[TOM4CWB]

Looks like we are about to find out!

Zimbabwe is still on planet earth last I checked...

Cheers

[shtferbrains]

Somebody start a pool on how long we have to continue to talk about Trump.

He still gets 3X the clicks that any Canadian reporting receives on CBC.

Easy work for lazy reporters.

[bucket]

How can the Canadian dollar continue at 79 cents when the economy is technically in the shitter....well except for almost records agricultural exports....

It is odd how important our ag industries have become and still ignored .

[biglentil]

Don't overpay with our funny money. If only they had a 100 Quadrillion Bill then they would have something of value.

[helmsdale]

No complaints on here about Trump actually increasing the debt by $7.8 TRILLION dollars over his 4 year term (a 40% increase in the US debt in 4 years) and much of that happened during a period of good economic growth, low unemployment, no new wars, and record stock prices.)

Indeed. I do not care under which administration the debt is racked up. Canadian, US, Global. It's all going to hang like a boat anchor around our necks for a generation! *THEY* should all be damned ashamed of themselves! Better yet, *WE* should all be damned ashamed of ourselves!

We WANT it. We NEED it. We regularly VOTE for it, and we're all going to pay dearly for it!