Are we headed for a globally synchronized depression?

I try my hardest not to be a permabear or to get caught up dooms-day hysteria but the global macro-economic picture is ugly, and the lock-step idiocy of central bankers with their lower-for-longer, ZIRP, and eternal QE jawboning makes one wonder, how bad are things, really?

Let's start with the macro data.  Global PMI is hovering just above contractionary levels at 51.2:

Record high of 13.2 trillion (with a T!) in negative yielding sovereign debt:

Deutsche Bank on the verge of a Lehman-esque style collapse:
https://nypost.com/2019/07/08/how-deutsche-bank-could-turn-into-another-lehman-brothers/

And the bond market throwing a fit starting really in November of 18 but finally inverting fully in May of 19':


And a dearth of other concerning developments since September of 2018 to now.

Yesterday our benevolent monetary overlord (and need I mention unelected and unaccountable) Fed Williams spouted more Keynesian nonsense advocating that we being the process of Japanification right now--since it's worked oh so well overseas, why don't we copy the same failed plan!

https://finance.yahoo.com/news/traders-stuck-between-two-fed-125027966.html

I don't think GFC 2.0 is going to be as gentle as the 08 fiasco.  Central bankers have learned nothing.  To steal a quote, all these Ph.D economists and their views on the subject are like a man who knows 27 different ways to make love to a woman, but doesn't actually know any women.

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