Ray Dalio said he’s worried about something worse than a recession The real danger is when recession risk collides with monetary dysfunction. That’s what turned 2008 and 2020 from slowdowns into crises. We’re seeing the same signals now: Swap spreads collapsing Copper-to-gold ratio plunging Dollar strength where it shouldn’t be Consumers fearing job loss at record levels This isn’t about inflation. It’s about deflationary money. And when that mixes with a weakening economy — things break. The system’s under pressure again. Most people just don’t see it yet. https://x.com/JeffSnider_EDU/status/1911925279959973996
...previously I spoke about CHARACTER and why that is important.
...one action or retreat does not change anything
...a day that a serial abuser spouse turns sober does not change anything
...what is the Character of the Market now? You Decide.
