Investors Should Be Cautiously Positioned As The

I Remember When I Was Growing Up, You Would Go To A Bank To Open A Deposit, And They'd Give You A Toaster. A Free Toaster. These Days, If You're A Company, And You Go To A Bank, They Could Easily Turn You Away! They Don't Want Your Deposits Anymore.

Investors Should Be Cautiously Positioned As The Global Economy And Markets Face Major Uncertainties. The Downgrade Will Be A Further Headwind To Growth And Job Creation In The U.s.

How Long Can Interest Rates Stay Negative? Think About This. Not Only Are You Lending Your Money To Governments, But You're Paying Them Interest For The Privilege Of Doing So.

Once You Start Moving [market] Lower, Then You Trigger Of All Sorts Of Things. You Trigger People Who Have To Sell Because They're Over-levered. So They Sell Their Winners And Their Losers. They're Just Trying To Raise Cash. So, What You Then Get Is Spreading Malaise Throughout The Global Markets.

The World Changes! So We're In A Situation Today Where The Only Policymakers That Have Flexibility Are Central Banks. But They Don't Have The Instruments! So They've Had To Experiment, And The More You Experiment, The More Uncertainty And The Higher The Risk Of Collateral Damage.