Bond Market Screams for More Rate Cuts: Trump Policies Ensure They Come
CFOs in many corporations are growing restless for the kitchen sink quarter that a recession provides. For them, help is coming.
Many more CFOs are essentially financial caretakers for zombie firms, working business plans that can only survive with free capital. They’re slouching from quarter to quarter, waiting for the chapter 7 bullet in their corporate heads. It’s coming for them, too.
What a mess central banks, and the politicians that manipulate them, have brought to capitalism, which will now be blamed for the coming carnage.