With the endless jawboning from officialdom that 'everything is awesome' (or about to be) in a desperate attempt to keep the status quo fumbling along, it is once again refreshing when an ex-insider 'fesses up that, in fact, nothing is awesome and it's a total shitshow below the surface. UBS Chairman Axel Weber is a former policymaker at The ECB and was the president of Germany's Bundesbank. Speaking on the sidelines of ther annual meetings of the IMF and World Bank this weekend, CNBC reports Weber warning…that monetary intervention is…
Read MoreUBS Chairman Warns Central Bank Intervention Is Forcing Investors “To Make Bad Choices With Their Money”
