The biggest trend that continues “behind the scenes” is the War on Cash.
Anyone who believed that the political shift towards nationalism would somehow result in the elites giving up their Central Planning schemes is mistaken.
Consider Europe…
Recently, the European Union announced it would start researching whether or not to put an upper limit on what cash can be used for… with the idea of implementing this policy in 2018.
Citigroup's crack trio of credit analysts, Matt King, Stephen Antczak, and Hans Lorenzen, best known for their relentless, Austrian, at times "Zero Hedge-esque" attacks on the Fed, and persistent accusations central banks distort markets, all summarized best in the following Citi chart...
... have come out of hibernation, to dicuss what comes next for various asset classes in the context of the upcoming paradigm shift in central bank posture.
Authored by Judith Bergmann via The Gatestone Institute,
Swedish police have arrested the man they accuse of plowing a hijacked beer delivery truck into a crowd in central Stockholm on Friday, killing four people and wounding more than a dozen in what they called a terror crime.
Shortly after we remarked most recently on the unprecedented Canadian housing bubble that has migrated from Vancouver to Toronto, Gluskin Sheff's Chief Economist David Rosenberg joined the growing chorus of calls for government intervention into the Toronto housing market. In an interview on BNN, Rosenberg, who correctly called the U.S. housing bubble in 2005 when still at Merrill Lynch, said the massive deviation from historical norms has him drawing comparisons between the two situations.