Business

The elimination of cash is being pushed globally in a bid to make bankers even more powerful, as the New World Order continues tightening its grip on humanity via its financial arm – the central banks. The “war on cash” as it is sometimes called has been going on for some time in nearly every country with a privately-owned central bank. This “war” seeks to eliminate all cash, forcing the populace of a particular country or economic zone (in the case of the European Union) to depend on bank cards and online banking transfers for any and all purchases.

From Fortress Capital:

We have frequently written over the past couple of quarters about the bubbly San Francisco housing market that looks set for another epic reversal as home prices have reached staggering new highs just as employment levels seem to be rolling over.  With home prices now implying that only 10-20% of residents can afford the "median" priced home, it's certainly not difficult to understand why demand may be waning.     

Two weeks ago we warned of the "unintended consequences" of Dodd-Frank which are likely to crush bond market liquidity. On the day of Brexit we got a glimpse of what can happen when the world's most liquid bond market suddenly isn't and as one veteran bond trader exclaimed today, US Treasury market liquidity is "worse than Brexit."

Following the worst two-week loss for bonds... ever...

Donald Trump’s election victory has driven significant rotation across global markets. Bond yields are up, the USD has strengthened, DM equities have risen, EM equities have fallen and cyclical stocks have outperformed defensives.  Amid the chaos, Citi's Global Equity Strategy team has attempted to craft some "Trump Trades" to help investors take advantage of the volatility.