US Equity Markets Are Not the Economy

The stock market is the balance sheet of the top decile of wealth

*Please note the green box highlighting what a 1.50% interest rate would look like if the Federal Reserve were to cut short rates back down again utilizing the ZIRP methodology. We aren’t sure its an option at this point considering the debasement that is going on, but it does demonstrate the difference in interest costs from 3.75% to 1.50% and paying $1.5T in interest vs $600Bn. That is a massive difference and we believe would be deflationary and not inflationary.

We will have the subscriber only data reports through yesterday in the subscriber only section of this post.

Thank you for reading, for engaging, and for believing in what we are building at Magnelibra. Try your best to not get inundated with the daily noise, hit your goals and take your chips off the table! Wishing you an excellent day ahead and remember Don’t Think You Are, Know You Are!

Up next the Daily Report for our subscribers.

***SUBSCRIBER ONLY SECTION***