Uninversion of the yield curve just started, VIX at 65.
Discussion
Yup - and an order of magnitude larger than 2008 because the system leverage is an order of magnitude larger. People falsely believe the wealth is safe (in their homes and PE funds, banks, etc) but it is only “safe” based on a massive injection of liquidity. (More manipulation)
Do you think we will inject liquidity and kick the can down the road like always? Or could something different happen ?
