“Let’s put these clues together. We have another fiscal crisis imminent with a looming debt ceiling drama. We have a Federal Reserve that is already doing a huge and unsustainable amount of ‘stimulus’ buying. And we have an economy far weaker than it’s been in more than a decade despite the bluster over GDP.  The bigger concern is that the market doesn’t have any of this priced in at all. It’s true that August was the worst month for stocks since May 2012. Yet the market fell just 3.1% and is only 4.5% off its all-time high. That’s barely a scratch.”

http://dailyreckoning.com/near-the-debt-ceiling-no-one-can-hear-you-scream/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy