This is what's breaking the markets right now...

The US Current Account value is at the lowest level since 2005-06 (after Greenspan raised interest rates). This indicated we are deeply negative in regard to debt spending and the current Interest rate levels.

No matter how you slice it, this deep US Current Account level indicates "something's gotta change" and the only thing that can change given the Fed's trajectory is Asset Value levels (just like the GFC).

If my analysis is correct, we are probably only 60+ days from another, this time GLOBAL, financial crisis that may wipe out valuation levels to 2013~2015 levels.

You have been warned. This it NOT going to be pretty.

Follow my research.