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The Death Cross Of American Society

Presented with little comment aside to ask (rhetorically of course), who is The Fed working for?

 

Wall Street vs Main Street

 

As BofAML warns, if Main St. doesn’t recover this year on the back of the powerful cyclical combo of lower oil/rates/currencies then the specter of “policy failure” will haunt investors, and currency wars, debt default and deficit financing will become macro realities.