Episodes

Friday Mar 29, 2019
Alternative Visions - Global Bond Markets Flashing ‘Recession Red’
Friday Mar 29, 2019
Friday Mar 29, 2019
Rasmus explains how more yield curves have begun flashing warning of imminent recession, resulting in investors and businesses rushing into bonds everywhere as harbinger of recessions on the near horizon. How the latest yield curve for 3 m o. v. 10 year Treasuries has inverted and the Fed interest rate on overnight loans is now the same as the 10 yield T-bond. How the yield curve has accurately predicted the last seven recessions in the US. The recent shift in central bank policies in US and Europe are discussed and how globally 22% of all debt now pays negative interest, up from 13% last year, $10 trillion of bonds now are negative, up from $5.7T in just one year. Rasmus discusses other events, incluiding record stock buybacks now running at $900 billion a year, the renewed crisis in Turkey’s currency, the Lira, US financial imperialism and US special forces now in 143 countries, the new Trump-right wing ideological offensive taking form, the US trade team now in China, Trump’s new attack on the ACA, and the likely scenario for the Mueller Report’s release.