John Rubino and Michael Oliver return for this week’s episode of the radio program.
Powell's pivot from QT gave Wall Street crybabies the candy they screamed for as equities peered over the abyss in late 2018 into the next stock market crash. China added massive stimulus as well. So at least for the moment, disaster has been averted. But pathology of the global financial system has taken perhaps its final step toward total financial annihilation because it's obvious now that central banks will never be able to allow debt markets to return to their equilibrium