I came up with this scary outlook back in April, so far on point

1 de jul. de 2020

The stock market will continue to tell a different story (as it has for the past 12 years), and combined with the obnoxiously pathetic attempts by the Federal Reserve and foreign Central Banks, stocks will likely bleed out slowly until the shadow repo market explodes, while the rest of the world is pushed into a deep depression. Scary and sad, yes, but at this point I wouldn't call this outlook more pessimistic than realistic.