The Bond Market Is Flashing Red, Something Is About To Happen
Corporations and financial institutions are continually laying off employees. Gold was brought below $1300. Subprime auto loans are back and they are getting ready to pop. NYC real estate is declining rapidly, there goes the real estate market. ISM employment crashes. US ends fiscal year with 1.4 trillion worth of debt. IMF sees inflation hitting the US much faster than the Fed. IMF has downgraded GDP again. Canada downgrades GDP. Italy is preparing for the collapse of Deutsche Bank. The bond market is flashing red, something big is about to happen.
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Posted by Nicole Bourbaki