Macro Update: A glimpse into the continuous upticking inflation
Dxy can only go so high until markets really break. At 113, it’s not that far from 120, which may be the tipping point. By that time sp500 will reach 30%+ drawdown and nasdaq at 45%. This likely happens within q4, very soon. Then jp will need to decide if surpassing the 2008 crash is the soft landing he was going for.
Kaal is the root of 'Kali' in Hindi. Kaal means time -- specifically, the time that eats you (ie the god of death) -- day by day by day, time is eating away all those precious non-renewable moments.
Great article, please keep them coming
I hate inflation, but I love this article because I love Bali and the use of Bali as an example of what's happening in the world w inflation today is excellent. I am wondering since both my son and I read all of your articles, is it possible that my son wrote this article and sent it to you? It's signed TD and my son's Name if Tommy Driskill plus he is currently spending two months in Bali.
Thank you for the clear explanations and examples regarding good/bad inflation.
Are we looking at something gonna break within weeks? Seems like Asian currency crisis 2.0 would be the catalyst for FED pivot. Or, some kinda accord between major nations.