Stocks Resume Their Drop as Credit Tide Recedes.

In this report I look at how the futures markets are doing in London on Friday, March 23rd, 2018. After a day when the Dow dropped over 700 points the markets remain volatile overnight. I look at how the dollar, precious metals and bond markets are doing and I also point to the fact that funding costs like Libor and Corporate Credit are rising very quickly and how that is probably the biggest reason why the stock markets have resumed their the downward trend that we saw start at earlier in the year at the end of January.

I also cover president Trump's new nominee for the National Security Adviser post, John Bolton, and point out that is a rabid neoconservative and was a cheerleader for the invasion of Iraq in 2003. I talk about how confusion is the best thing I could say about the current U.S. administration.

To conclude this report I look at how our present monetary/financial system has taken over the whole economy through financialization and how this phenomenon is unsustainable and how we need to go back to sound money, free markets and small governments if we expect to live free and prosperous lives. I note that our current centrally planned fiat money system is bound to fail.