jp - that's a big turnaround for this mope - he was telling the Fed to CUT a while back // talking his book
Mtl JP 16:55:18 GMT - 01/23/2018
why ? “We are in this Goldilocks period right now. Inflation isn’t a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws,” Dalio said
Livingston nh 16:43:30 GMT - 01/23/2018
Doom and Gloom -- if you guys want to set your hair on fire William White (formerly of BIS and now OECD) is banging the drum at Davos --
"The world financial system is as dangerously stretched today as it was at the peak of the last bubble but this time the authorities are caught in a “policy trap” with few defences left, a veteran central banker has warned.
Nine years of emergency money has had a string of perverse effects and lured emerging markets into debt dependency, without addressing the structural causes of the global disorder.
“All the market indicators right now look very similar to what we saw before the Lehman crisis, but the lesson has somehow been forgotten,” said William White, the Swiss-based head of the OECD’s review board and ex-chief economist for the Bank for International Settlements.
Professor White said disturbing evidence of credit degradation is emerging almost daily. The latest is the disclosure that distressed UK construction group Carillion quietly raised £112m through German Schuldschein bonds. South African retailer Steinhoff also tapped this obscure market, borrowing €730m."
Unfortunately the most dangerous influence is a GOOD ANALOGY -- the guy was right 10 years ago and now can't let go // he was saying similar things 2 years ago at DAVOS
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so again RATES RATES RATES
Israel Dil 15:54:41 GMT - 01/23/2018
get Modi's speech transcript and read it carefully. earlier today in Davos, Modi's India endorsed slavery and hypocrisy. another psychopath wants to make the calls.
PAR15:44:35 GMT - 01/23/2018
In US dollars Davos must be extremely expensive .
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