Fund Managers Are Preparing for a Crash
“We’ve sown the seeds for the next downturn” and there’s a lot of similarities to 2008, one fund manager says.
Central Bank-Inspired “Major Credit Squeeze” Will Trigger Next Crisis
As Prins reminds us early on, the Fed and other central banks have expanded their balance sheets by more than $20 trillion, and despite all the chatter about withdrawing stimulus and letting its balance sheet roll off, the Fed’s balance sheet has only shrunk from $4.5 trillion to $4.3 trillion.
The Fed Has a Surprise in Store
That Could Mean an Early End to Interest Rate Hikes