Deutsche Bank has a new and improved index of U.S. financial conditions, and this index just slumped back towards the lows of our recent crisis.
Deutsche Bank's Peter Hooper:
Financial conditions appear to have worsened substantially in recent quarters based on our update of the broad index of US financial variables presented earlier this year at the US Monetary Policy Forum. In the wake of recent developments in Europe, increased stress in financial markets has pushed that index halfway back to its immediate post- Lehman crisis lows.
More Here..
Why yes, the big crash and then a game ending depression is coming. Those who aren't sheeple already knew it was only a matter of time.
ReplyDeletehave confidence the fundamentals of the printing presses are sound.
ReplyDeleteThat is not a picture of a "double dip" forming in the graph.
Juat look !
At the end of the first dip of crisis you can see clearly the the "green shoots" of recovery that appeared poking way up above the bottom line!
With those green shoots put firmly in place as you can see in the graph, the last down dip forming cannot be of any substantial importance at all.
Probably just a statistical mistake anyway.
Nothing can defeat the American spirit of recovery and a Fed armed with a printing press.
6:35 I love your sarcasm!
ReplyDelete