Submitted by Henry Hewitt via OilPrice.com,
After Peak Debt Comes Deflation
Paper money, ‘the Heaven-sent leaf’, is nothing new, but it has not always been held in high regard nor previously attained its unquestioned position as the lubricant of trade, financial markets and the road to wealth.
Stocks are up - just ignore everything else... "all is well"
One of these things is not like the other... Stocks were panic-bought once Europe closed but Crude, Credit, and Carry crumbled...
There are two simple words, according to Grant Williams, which, when uttered in the ears of the high priests (and priestesses) at The Fed, equates you to 'Simple Jack' and worthy of no attention...
"Business Cycle"
Zero. None. Nada... that is how many Tech IPOs there has been in 2016 - the worst start to a year in recent record. Indeed, January marked the first month since September 2011 without an IPO of any kind, according to Renaissance Capital, manager of IPO-focused funds.
By EconMatters
A choppy day in the oil market with a very tight pit trading range. API will set the tone for Thursday`s EIA Inventory report, API is out tomorrow night after the pit close.
https://www.youtube.com/watch?v=GOMFNCz8ecI
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