boom - there goes a whole world of carry trades, cross border...

boom - there goes a whole world of carry trades, cross border residential property capital flows and the rba's last excuse not to cut rates

have you ever seen such a textbook set of signals for an economy pitching into retraction - over the weekend Bloomberg runs a big headfline about US CEos feeling the pinch from big wage rise demands and falling sales

2nd qtr earnings coming in at -3% yoy and falling for 6th straight quarter

auto sales plateuing and home prices rising to cycle highs but home transaction numbers droppoing off

now gdp contracting


3rd quarter entry into zero/neg gdp growth looking highly probable

and now get your popcorn and watch the fight as JP Morgan joins the vigilante goths as we all assail the investment bankers at 20.30 and fight for silver's freedom