Not one media outlet has focused on some truly disturbing words, uttered by FED Chairman, Jerome Powell, but he has made some comments, which have put into question the sanity of the central bankers at this stage of the cycle.
So much hangs in the balance right now. The concluding trading week of October 2018 could encapsulate, within its five sessions, the answer to the question: Has the business world recovered from 2008 in a manner that justifies global QT (Quantitative Tightening) or not?
Between yesterday and July 12th, we’re in for major news releases. Key statistics that impact the way fund managers, sovereign wealth funds, and individual investors make decisions regarding asset allocations are being released.