Just a Quick Note Ahead of Monday/Tuesday
Good morning... just a few quick notes ahead of next week...
Good morning:
I hope you’re all having a great weekend.
I’m writing this morning because I will be on the road for two days. I’ll still have a morning piece for you each day, but just in case the WIFI is off… you’re aware.
We have come off the back of a Yellow-Green equilibrium push and quickly rotated back into the red.
As I repeatedly warned, the funds would eventually sell into strength.
In addition, I wanted to show you a quick chart from Zerohedge. This is a quarterly performance recap in China, Europe, and the U.S. Syz Group, a Geneva-based money manager, told its audience on Saturday EXACTLY WHAT I’ve BEEN SCREAMING ABOUT FOR WEEKS.
Wrote Syz Group:
“Q1 saw a big Global Asset ‘Regional Rebalancing', with money into “Fiscal Expansionists” and stimulators/easers i.e. Europe & China, and money out of “Fiscal Contractionists” i.e. United States as “source of funds”...”
Money is moving to Europe and China because they are loosening their monetary and fiscal policies.
Here in the U.S., w…
Keep reading with a 7-day free trial
Subscribe to Me and the Money Printer to keep reading this post and get 7 days of free access to the full post archives.