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Wednesday, 3 July 2019

Roubini Pessimistic

See David Quintieri's Take on The Global Economic Outlook.


This is really cheering! Listening to Roubini panicking, it becomes clear that he doesn't actually have much of a clue. Folks, I think we're winning! See World Economic Forum: Annual Meeting of the New Champions. 😂

And bond markets are showing money moving out of equities into safer assets:


This is funded by stock buy-backs which are increasing corporate debt. See The Wash Post on What Makes Apple, Microsoft and Amazon so Special.
Now watch this:


What countries should be doing is creating the conditions for robust trade relations across a broad range of economic sectors. See Vesti's Vladimir Solovyev Talking to Dimitry Petrov on US - Russia Trade. This means putting the people directly in touch with each other. We need secure communications, people!

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