kenfisher

🚨Ken Fisher keeps hammering one point: bear markets almost never come from the thing everyone's already scared of.

US debt just crossed $40 trillion and the timeline's full of "death spiral" takes. But he points out global debt-to-GDP has actually come down, from about 285% at the end of 2020 to around 246%. And the risks everybody talks about every day? Mostly priced in already.

What actually blows things up is usually some well-meaning government move nobody's paying attention to. Look at 2008. Accounting rules forced banks to mark their assets to market, they had to take massive write-downs, credit froze, and the whole economy got dragged down with it.

So forget the $40T for a sec. What's the thing nobody's talking about right now? #KenFisher #GDP #SEC #Tbills