Thanks to decades of artificially low interest rates and tens of trillions of dollars created from thin air: stocks, bonds and real estate bubbled to heights never seen before. Not even close. Unfortunately, however, with manipulated markets and “free” money comes negative consequences, of which we are beginning to experience.
Slowly but surely, the markets are rolling over. After forty years of decline, interest rates (and inflation) are on the rise, and the days of “easy money” are ending. The video below is an interview by Egon von Greyerz and USAWatchdog.com. Greyerz runs Matterhorn Asset Management out of Switzerland and has a reputation for predicting major market turns. And, the major trend he is now forecasting is a doozy.