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The Capex Bomb| Steen Jakobsen
And as we enter 2023, the proportion of CAPEX to the real economy's needs is still significantly below the inflation rate, and in some cases even harmful. You will not be in a different situation if you do nothing about the actual problem; this is an excellent way to view the situation.
Watch more of this video from Tanking The Economy To Force A Fed Pivot Is The "Most Stupid" Policy | Saxo Bank CIO
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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