Good morning. No ammo. We have been here before…

http://awealthofcommonsense.com/2016/02/is-the-fed-running-out-of-ammo/

And here (one day late) is Martin Wolf’s take on it: “Helicopter drops might not be far away”

http://www.ft.com/intl/cms/s/0/9b3c71f8-d97f-11e5-a72f-1e7744c66818.html#axzz416Bfv3PV

And even more on monetary policy

http://ftalphaville.ft.com/2016/02/24/2154137/negative-rates-havent-hit-banks-all-that-hard/

And how much is that with a -0.5% return?

http://uk.businessinsider.com/save-this-much-to-become-a-millionaire-by-age-65-2016-2?r=US&IR=T

I have searched this ‘fresh’ IMF country report of the UK. No mention of Brexit…

http://www.imf.org/external/pubs/ft/scr/2016/cr1658.pdf

Ah yes, that totally unimportant gold oil ratio…

https://www.bespokepremium.com/think-big-blog/gold-to-oil-ratio-hits-record-high-daily-correlation-hits-19-year-low/

Still waiting for the rebound….

http://uk.businessinsider.com/imf-global-economic-revisions-2016-2

Income inequality: we have been here before…

http://equitablegrowth.org/what-explains-the-rise-in-income-inequality-at-the-top-of-the-income-distribution/

Talking about history: with the help of a bit of number crunching, we should be negative on stocks

http://theirrelevantinvestor.com/2016/02/23/what-happens-to-stocks-after-a-big-comeback/

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