It’s a discomfiting truth that many millions of people in America and around the world absolutely depend on central banks and governments for their very livelihood. They don’t even realize how fragile and unsustainable the fiat monetary system is and how badly it will end.
No need to close up shop or head for the exits just yet. Everywhere, all major financial outlets and alternative media channels are focusing on the yield inversion; articles about the subject are popping every hour.
It would have been unthinkable just 30 years ago, but foreigners do not want U.S. dollars anymore. They have simply had enough, and it looks like they have no need of additional ones, either in the short- or long-term.
For days now, the President, central banks, and academia talking heads are doing anything they possibly can to stave-off any negative news and focus on climbing through the 2,800 resistance level for the S&P 500.
The stage is truly set. We see all the right milestones met and all the necessary preliminary signals getting checked-off.