The SCARIEST Thing About the Stock Market Hit A RECORD HIGH in 2018!
We have been lead to believe that there are organizations watching over the financial system, ensuring the safety and security of our investments. We’ve been told everything will be just fine. Seeing previous examples where banks have been rescued gives people piece of mind and enables them to fall asleep. But you know better, right?
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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe
US-margin-debt-2012_2018-03.png (482×398)
US-margin-debt-2018-03.png (480×432)
As Most Crowded Trades Turn Sour, Fund Managers Brace for Pain - Bloomberg
https://www.bloomberg.com/news/articles/2018-04-25/as-most-crowded-trades-turn-sour-fund-managers-brace-for-pain
Monetary policy decisions
https://www.ecb.europa.eu/press/pr/date/2018/html/ecb.mp180426.en.html
Malibu Real Estate Market Spikes
https://www.mansionglobal.com/articles/95282-malibu-real-estate-market-spikes
800,000 people are about to flee New York, California because of taxes
https://www.cnbc.com/2018/04/26/800000-people-are-about-to-flee-new-york-california-because-of-taxes.html
Retail Rents Plunge in Major Manhattan Shopping Districts - WSJ
https://www.wsj.com/articles/retail-rents-plunge-in-major-manhattan-shopping-districts-1524693162
Subway Plans to Close 500 U.S. Stores, Build Global Reach - Bloomberg
https://www.bloomberg.com/news/articles/2018-04-25/subway-plans-500-u-s-store-closings-while-building-global-reach
Deutsche Bank Plans to Cut U.S. Jobs by Over 10% - Bloomberg
https://www.bloomberg.com/news/articles/2018-04-26/deutsche-bank-is-said-to-plan-to-cut-u-s-jobs-by-over-10
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Good Report Thank you.
I don't know if anyone believes that the invisible hand of the market is watching over anything.
I'd argue its still an irrational driver of consensus, and little more.
You got a 12.57% upvote from @slimwhale courtesy of @etcmike!