GGPChat

Bank of Japan...? Holding rates at 0.25% regardless and flogging US treasuries (BOJ's main asset)
https://twitter.com/PauloMacro/status/1 ... 49/photo/1

Credit Suisse..?
https://twitter.com/WallStreetSilv/stat ... 0495964160

Evergrande Implosion..?
https://twitter.com/GoldTelegraph_/stat ... 3078796289

Not a good look; for systemic and existential financial risk...

It will only take one of these to fall over IMO for some GFC2 type crisis to unfold.
Debt and leveraged, are also a big problem.

Seen something this morning that is suggesting in the US more cheques to be sent out to help with Fuel & Food costs. $1000. Obviously that will help in the short term, but ...

Don't these people learn anything? It is just more stimulus!

I think the Fed will pivot at some point.