This past weekend, I went over the most indicative recession macroeconomic signals. I wanted to get the pulse on how professionals are positioning right now.
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.
The final quarter of 2018 has been marked by stock market volatility, much of which has stemmed from the ongoing trade tensions between the U.S. and China. Investors are getting worried, but there’s another school of thought: is it possible that the President is preparing to strike a deal, which would send the equities markets soaring to fresh all-time highs?
As I showed you last week, 88.7% of the 70 asset classes tracked by Deutsche Bank have netted negative total returns this year. The last time it happened was right as cars and electricity were being introduced in our world and getting commercialized. It was close to 100 years ago.
Following October’s volatile month in the stock market, cryptocurrencies have proved themselves to not only be stable, but relatively immune to major stock market declines. And compared to the U.S. dollar, which has consistently lost value over time, multi-year crypto ownership has been highly successful. But given its brief history, can we really say that crypto is better money?