This episode of the Market SitRep — Pushing On A String — reveals how we’ve exited the era of central bank dominance. The “all powerful” policies put in place have stopped working and central banks around the world have lost control over the markets.
After we hate on central banking for a bit, we touch on the probability of a United States recession. The data is looking grim for stocks to say the least…
And finally we go over a few price charts of
- S&P 500
- Small Caps
- IBB Biotech ETF
- And Bitcoin
A pdf of the presentation can be accessed here.