Tuesday, August 4, 2015

Brazil We Have A Problem............ANOTHER PESKY FACT!

Brazil We Have A Problem

While the S&P continues to exist in its own inert bubble, where stocks no longer are able to discount anything and merely float on the sea of $22 trillion in liquidity created by central banks, for Brazil, the correlation between key assets classes reveals that the situation is on par with the three greatest crises of the past two decades: the Asia Crisis, the bursting of the Tech bubble, and of course, Lehman.

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