Bernanke's Little Blue Pills

10/25/13 11:47AM EDT

Bernanke's Little Blue Pills - blu1

The Nikkei got smoked again for a -2.8% loss overnight. It's down -4.5% in the last 3 days. Got interconnected global macro market risk associated with Bernanke trying to bend economic gravity?

Expectations of global growth slowing are definitely bending now as the Fed’s balance sheet moves toward +$1 TRILLION year-over-year (+$998.1 billion in last night’s report). This is what happens when unelected central planners try to bend economic gravity using monetary Viagra.

Bernanke's Little Blue Pills - drake

Editor's note: This is a brief excerpt from Hedgeye morning research. For more information on how you can subscribe click here.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.