“Today government – and its central banks – utilize the private sector for policy purposes. Tomorrow, government may see fit to move those levers directly. In the meantime, there can be no doubt – as we have observed – that the plan is to take the stock market a good deal higher. While equity purists shall object that when earnings decouple from prices a crash is near, we would beg to differ. Volatility is certainly headed our way. But not necessarily an earth shattering crash, or not yet anyway. Markets are strange beasts. Pumped up by modern fiat money, they can go higher than one might expect – and then stay down longer, as well, as Japanese markets have.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Faber's 'Fed Counterfeiting' Remark is Unusual but Not Extreme These Days
Washington's cloned female warmongers
Bitcoin: The Tyranny Test
Just Say the Magic Word
Media Infantilism, Ours And Theirs
Obama’s Next Big Blunder
Two Cheers for the Coming Collapse of the U.S. Economy!
Sanctions on Turkey, Saudi Arabia, Qatar, and Jordan?
Germany’s Hitler-Era Homeschool Laws Still In (Brute) Force
Ron Paul: When they came for the Raw Milk drinkers...
An Anti-Semitic American Law Created the State of Israel, and a Whole Lot of Trouble
California’s Economic Suicide and other News from Yesterday’s Ballot Measures
Sitka Pacific Capital Management Client Letter, May 2013
NYC’s Plan To Round Up Mentally Ill People Who Are Not Taking Court-Ordered Medication
Bill Bonner: Trump’s Tax Plan Would Bankrupt the Empire