If you're going to manipulate markets, might as well manipulate them all the way. Stress relieving rallies are necessary if they have in their mind to "go all the way" and lift the Fed funds rate above the CPI if necessary. The current pace is pointing to a crash that will force the Fed to choose destructive QE again or allowing something like a 2008 market crash to proceed without any help.
Next Levels to Bust
-
FEED
No comments:
Post a Comment