IMF

IMF Warns Of Bankruptcies With Rising Rates

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The International Monetary Fund (IMF) released a few enlightening charts in its Global Financial Stability report. The fertilizer for a debt bubble is in place which is why it has grown so large. There is a toxic combination of low interest rates and low growth. Low interest rates encourage borrowing…CONTINUE READING

No Economic Stimulus, No Productivity Growth

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In the recent few weeks the reflation trade has unwound as the Russell 2000 is now negative for the year, the ten-year bond yield has plummeted to 2.2374%, and bank stocks have fallen about 9% since March 1st. To be clear, the Russell 2000 initially rallied after Trump’s election because…CONTINUE READING