To the Economic System and our position in it than perhaps you have heard before. And even more important, and what this book is about, an alternative solution for dealing with it different from what you might have heard before. So, first, where are we here in the United States and in the World Economy . And im not gonna tell you what you already know, which is that this is the worst economic crisis in my lifetime and therefore in yours, that it began in 2007, which means it is now comingng to the end of its fifth year and that there is no end in sight, that the efforts of governments around the world, including the United States, to end it long ago have not proved successful, that the prognosis is not good, that the problem is almost like a disease in the sense that it begins in the United States in 2007, 2008, and 2009. The europeans look at the United States and thank their lucky stars that it isnt so bad only to discover that it has metastasized over there. And the last 2 or 3 year
To the Economic System and our position in it than perhaps you have heard before. And even more important, and what this book is about, an alternative solution for dealing with it different from what you might have heard before. So, first, where are we here in the United States and in ththe World Economy . And im not gonna tell you what you already know, which is that this is the worst economic crisis in my lifetime and therefore in yours, that it began in 2007, which means it is now comiming to the end of its fifth year and that there is no end in sight, that the efforts of governments around the world, including the United States, to end it long ago have not proved successful, that the prognosis is not good, that the problem is almost like a disease in the sense that it begins in the United States in 2007, 2008, and 2009. The europeans look at the United States and thank their lucky stars that it isnt so bad only to discover that it has metastasized over there. And the last 2 or 3 ye
To the Economic System and our position in it than perhaps you have heard before. And even more important, and what this book is about, an alternative solution for dealing with it different from what you might have heard before. So, first, where are we here in the United States and in the World Economy . And im not gonna tell you what you already know, which is that this is the worst economic crisis in my lifetime and therefore in yours, that it began in 2007, which means it is now coming to the end of its fifth year and that there is no end in sight, that the efforts of governments around the world, including the United States, to end it long ago have not proved successful, that the prognosis is not good, that the problem is almost like a disease in the sense that it begins in the United States in 2007, 2008, and 2009. The europeans look at the United States and thank their lucky stars that it isnt so bad only to discover that it has metastasized over there. And the last 2 or 3 years,
To the Economic System and our position in it than perhaps you have heard before. And even more important, and what this book is about, an alternative solution for dealing with it different from what you might have heard before. So, first, where are we here in the United States and in the World Economy . And im not gonna tell you what you already know, which is that this is the worst economic crisis in my lifetime and therefore in yours, that it began in 2007, which means it is now comingng to the end of its fifth year and that there is no end in sight, that the efforts of governments around the world, including the United States, to end it long ago have not proved successful, that the prognosis is not good, that the problem is almost like a disease in the sense that it begins in the United States in 2007, 2008, and 2009. The europeans look at the United States and thank their lucky stars that it isnt so bad only to discover that it has metastasized over there. And the last 2 or 3 year
Fluctuating between small gains and losses. Investors uncertain about what is next. So much to deal with whether it is geopolitical tension, hurricanes or d. C. A bit edgy on the week. The three major averages are on. Ace, but weekly losses pa bigger moves are happening when we go across Asset Classes. The 10 year yield down six basis points. Haven bonds are rallying. Pretty extraordinary. Two months ago, we had the 10 year yield at 2. 4 , now closer to 2 . Tripping what we have seen out of the election when rates initially backed up, shot higher, now returning. The bloomberg dollar index down six days in a row. The lowest level since 2015, down about 10 on the year. The dollar index on pace for its worst year since 2003. All of this replacing the somewhat obvious dovish commentary from mario draghi, dragging the dollar. Both of these Asset Classes dragging on the banks. Look at the regional banks, down 3 come on pace for the worst day since may. This is a concern to some strategists o