Psst…The US Cycle Is Turning

On July 9, 2012, in Uncategorized, by Chris Becker

Ben Bernanke has overseen another crash of broad money growth (again), which means you can expect to see a lot more of the recent weak US economic data coming through in weeks and months ahead. In the short-term, it means the bias for US stock markets are also lower. If Bernanke continues this for much longer, the US economy will collapse in a heap like it did in 2008. Time-frame: 6 months. Don’t say no-one mentioned it. But this also means that more money printing (i.e. QE) is not far off right now. The bronco-rider Bernanke will need to get very aggressive to turn things around from here.