03-07-2016, 01:22 PM
And with the emerging market mess and the euro problems and the euro area once again slowing to a crawl and with zero inflation and beleagered banks, and then add:
The world’s credit boom is beginning to show dangerous signs of unraveling, ushering in a period of fresh turmoil for the over-indebted global economy, the Bank of International Settlements has warned. The globe’s top financial watchdog called time on the world’s debt binge, noting that debt issuance and cross border flows in emerging economies slowed for the first time since the aftermath of the global credit crunch at the end of last year.
Debtor days are over as BIS calls time on world credit binge
It's really hard to go all in on the markets, which is why we remain mostly in cash here.