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TYD - The Coronavirus Is The Pin Popping The 'Everything Bubble'
Direxion Daily 10-Yr Treasury Bull 3x Shrs
This will be an extinction-level event for many players.
For years, Peak Prosperity has been raising a loud warning of the 'Everything Bubble' that the world's central banks have blown in global asset prices.
Over that time, we've debated with hundreds of economic experts on what will be the trigger to "pop" this mania.
Well, now we're finding out.
The economic damage being wrought worldwide by the coronavirus is the black swan the system never saw coming. Trade is being strangled, and the necessary productivity needed to support that massive increase in global debt that