Mish Shedlock lays out some of the Key Macro Messages in his extensive writings over the last month.

• US Economy: Concerning Signals
  • Concerns with what Industrial Production, Consumer Spending and Inventories to Sales are telling us,
  • FOMC Meeting signals fewer and slower number of rate increases,
  • The End of the Obamacare Lift for Employment,
  • US Primaries Signal a Crisis in the US Social Contract.

• Draghi's Statement Fallout: "This is end of all the Cuts We Can Do"
  • Euro reacts fairly significantly,
  • Concerns about EU Bank profits,
  • ECB to buy Corporate Bonds.

• Strange Central Bank Policies: Confidence in Central Banks Becoming a Problem
  • What May be Coming,
  • Fiscal "Helicopter Money' and Guaranteed Minimum Incomes / Universal Income

• Gold - Has Broken Key Overhead Resistance
  • Central Bank Policies of NIRP may be the catalyst,
  • Precious Metals rise in US dollars may be only in the early stages

Video Length: 00:34:06