If you spent $100 every second of every day it would take you 1,966 years to equal the $6.2 trillion the US government has spent the past 12 months
-M. Hartnett
Overview: Hartnett’s Weekly report is presented 3 ways here. The video walk-through1 includes our translation of Hartnett’s lingo with some commentary. it is useful to new viewers and those preferring a podcast format.
The second below has key areas broken out and correlated with pertinent charts. Finally, Hartnett’s original format is also attached at very bottom.
Topics commented on include:
The “Floating Bubble” concept,- anywhere but Gold
The Urban Wealth Exodus,- “Bright Flight”
Trump/Biden Political Priorities. - Inflation /Recession
Enjoy
The Flow Show: Won’t save, won’t short
Scores on the Doors: crypto 34.5%, oil 17.1%, gold 12.5%, commodities 11.4%, stocks 4.6%, US dollar 4.2%, cash 1.7%, HY bonds 0.2%, IG -3.0%, govt bonds -5.9% YTD.