“Some time in the next few months the authorities get a wake-up call. They are tapering off QE. This reduces the amount of excess liquidity driving up stocks. It is bound to increase volatility, too. It wouldn’t be too much of a surprise to see the Dow down 1,000 points in a day – or more. Then, Janet Yellen will panic, and it will be back to QE, and perhaps more. There have been several hints that the Fed and other central banks may be willing to go to direct money printing – something like dropping money from helicopters – as the next stage. When that comes it could mean fantastic increases in stocks – and who knows what else.”
Related posts:
The Obamacare Nightmare Will Officially Start October 1
What does Peace in Europe mean to EU? Farage-Nobel Prize Remix
Maryland: Another City Forced To Refund Illegal Photo Tickets
Israel Bans Travel For Settlement Opponents, Sparks Expat Backlash
Real Personal Income Points to Recession
NSA Whistleblower Bill Binney, and His Ordeal
5 ways fiat currency is fighting back against bitcoin
Amateur search for dead spy satellite turns up undead NASA mission
France Prohibits Sending Currency, “Coins And Precious Metals” By Mail
Company develops new fiber-reinforced wood, concrete ink for 3D printing
Bitcoin startups pan for gold in cryptocurrency economy
Mississippi Cops Hogtie and Kill ‘Widespread Panic’ Concertgoer
72yo Grandma Shot Dead as SWAT Raided Her Home For Marijuana
Despite Ongoing Protest, Obama Resumes Drone Attacks in Pakistan
My Parents Were Put In Internment Camps—Don’t Bring Them Back
