Eternal Grift
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See original article: Hoisington 4th Quarter Review: Failure of the Fed, How QE Acts to Contract the Economy
Visit link: Wholesale Trade Down 1%, Inventories Down -0.3% but Inventory-to-Sales Ratio Rises
See original article: Third Strong Payroll Number +292,000; Unemployment Unchanged at 5.0%
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More here: December US New Car Sales "Down, Exceptionally Weak" Says Bloomberg; WSJ Says Up and Strong
Read more here: Flattening of the Yield Curve in Pictures; Is an Inversion Necessary to Signal a Recession?
An article just came my way expressing that same viewpoint. It’s a New York Magazine Interview With Michael Burry, Real-Life Market Genius From The Big Short , head of Scion Asset Management