This sounds about right: My best set of guesses is we have another huge deflationary asset bubble collapse at some point, that prime minister Abe goes totally crazy in Japan, that the eurozone does not survive intact, that yen-hedged Japanese equities soar, and gold is a safe haven in this mess (especially when central banks […]
Original Post: Correction.
Something weird happened in the stock market today. Yesterday I blogged about the stock markets. I’d been up early to see what was going on in Europe and Asia. I was watching US futures, too. I decided to write about what might happen. And I told you about Ben Hunt, my favorite economics writer. Ben…