It feels like 1973 all over again, but this time the Fed is out of ammunition...
The Fed alludes to holding course after capital markets lost approximately $58 trillion last year when it merely began to tighten.
I get why. As we saw during the Great Inflation of the 1970's, every time the Fed would ease, inflation shot back up. This reactionary dance continued until Paul Volcker shut it down with an over 20% federal funds rate in 1981.
That can't happen this time though. The banking system—and the entire economy—is already hanging on by a thread. Further substantial rate hikes would bankrupt every financial institution and government on earth.
What's going to happen next, and how should you position your investment portfolio?
We’re hosting an exclusive video conference call on Thursday, October 5th at 6pm EDT. Attendees are invited to actively engage and ask as many substantive questions as you’d like.
To prevent the conversation from digressing into remedial subject matter, all attendees are required to have completed The Shadow Banker’s Secrets: Investment Banking for Alternatives Book or Masterclass. (The book is currently available for free—just cover shipping.) This ensures all participants share a threshold understanding of monetary policy, risk measurement, and investment structure.
You can register for the conference call now, and you have until 4pm EDT, October 5th to complete the book or masterclass. We will be cross-referencing registrants with book order dates and masterclass completions before admitting attendees to the conference call.
We look forward to helping you effectivley address your biggest concerns…
Who is the current number one (#1) world-renowned economist -- if one [a person] actually should exist? {Could it be . . . AI-generated}. {Economy Schools of Thought: Stanford, Landon, Paris, New York, Chicago, Bonn . . . ?
Who won the Nobel this year?
Who is most likely to win next year -- and why?
[N.B. Due to inflation, all Nobel prizes have increased in monetary value. Remember: The amount is still Kroner -- or has that finally changed to Euros?