Credit Markets Just Broke (Again)

Crytpo saw its biggest liquidations in history Friday when Trade Wars 2.2 flared up. Commodities were also pounded, bonds bigtime bid, even stocks sent significantly lower. Tariffs aren’t really the issue here, either, as a confluence of negatives have been sapping sentiment for the past few weeks.

The stock market looks stronger than ever — just like it did in 1929, right before everything collapsed. History doesn’t repeat itself… but it rhymes. And the same signs that triggered the Great Depression are flashing again today.