We Are At The Early Stage Of The Biggest Cobra Effect In The History Of Economics
"We believe we are at the early stage of the biggest Cobra Effect in the history of economics. As the massive monetary and massive fiscal stimuli (over $15T globally) conjoin to save the economy from a deflationary depression, instead they risk hyperinflation - overweight commodities." Vaccination parties have broken out on many street corners as explosive human energy has come roaring out of the cage. To us, this is a preview of what is about to transpire around the planet and the " Cobra Effect" has entered the 4th inning. When governments tinker in capital markets there are always unintend...