Asset prices haven’t been going up.
Not sure if you heard….
The gloom and doom on twitter over the weekend was pretty epic wasn’t it?
And it’s probably well-deserved.
The S&P500 just went out at new 22-month lows.
Gold investors were convinced by con artists that it was an inflation hedge, when it turned out to be the exact opposite all along – closing the month at new 2-year lows.
And of course, the greatest Ponzi ever – US Treasury Bond Market going out at the lowest levels since 2013: [Read more…]