"Dow jumps more than 200 points to a record even after a big US jobs report miss."
"While it can seem like the lack of inflation gives the government a free pass to print, the printing is not without consequences. The money is flowing through to higher financial inflation..."The 40% increase in money supply didn't go into the real economy, but sloshed all around the financial markets...More money chasing fewer assets means higher prices, and vice versa. "This year has been an extreme example of how if you print enough money, you can increase asset prices under virtually any circumstance."
"The combination of massive printing and historically low rates is producing bubble like behavior in many markets like crypto-currencies, much like in 2017. Of course in 2017, the Fed began to withdraw liquidity and crushed many of those asset bubbles."
"Current euphoric readings signal a 100% probability of losing money in the coming 12 months if we study historical patterns."