RE: Potential19 Aug 2019 13:08
Boomer, no one likes bad or negative news, but that's what we got - you can't ignore it. It's a realistic view whether you like it or not.
As for global growth continuing, I doubt that. My guess is the Germans are already in recession and more to follow - including us.
Markets are no indication of growth these days, investors are hearded into stocks for yield by CB policy. NIRP QE is screwing us all, and certainly won't create REAL growth based on sound money - it hasn't happened and will not - ever.
Remember, what was pumped in (trillions) will need to be pumped out. The Yanks just tried it (QT) didn't last for long did it - nope!
It's a global world now, CBs are losing the plot and running out of ideas. We're all going down the chitter in what order remains to be seen.
How we position ourselves to minimise the impact is another matter - that's the positive bit..lol.