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Monthly Archives: May 2016

CBs must spike punch bowl this week or reality begins to happen

If the Fed, ECB, BoJ, PBoC do not spike the punch bowl this week, reality will begin to happen. We’ve seen very little reality over the past 17.5 years (Greedometer data period). The last time central bankers let things run long enough for the mini Greedometer to set a baseline point was October 2014 when the Fed was ending QE3. Here’s what that looked […] Read the rest of this entry »