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Bill Fleckenstein: The Bond Market Is Taking Away The Fed's Printing Press

Wealthion - Be Financially Resilient

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The Liquidity Trap for Bulls

There's a number of things that could be resulting in a liquidity crunch or at least contracting liquidity in the in the coming quarter. One new factor now is that we expect lending standards to tighten in the wake of what's happened in the banking system and that will have the same effect as additional rate hikes. The bond market would only indirectly impact them if it changed their balance and they don't rebalance the 60 40 70 30 depending on your own target very often. I think this debt negotiation could be quite contentious uh more so than usual and who knows the way the way people are thinking now.

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