RSW Investments

History shows that what starts as an overall lack of fear, becomes outright complacency, which inevitably leads to the "Minsky Moment" of instability. Virtually every major Central Bank has outright expressed, or at the very least implied to market participants that not only do they have "our backs", but our backsides too! If distorted markets create distorted behavior, we can logically infer that unprecedented excesses exist somewhere in the system and probably in many places. The entire financial system has been re-stocked with dry kindling and oil is the most likely mat