2 years of 0% FED rates. NO change in language “for foreseeable future” 85% rally. Calls for sustainable recovery. Bullishness near or above 2007 levels. 1999-2000 type behavior visable again.
If we were experiencing such a great recovery, why isn’t the Fed rate at even .25%?
The majority of Americans have their wealth in their HOMES, NOT in stocks. Maybe yachts are selling again, but 1 in 7 get GOVT assistance.
5 MILLION homeowners 25% or more underwater…..the real bull mkt is in BS
The SICKNESS of the thing is the FED is paying banks NOT to lend….omg is this f’d up!
WHere is the added $900B for extending tax cuts (most WEALTHY Americans benefit and does LITTLE *yes I'm a Rep* to goose economy) going to come from?
Who is funding our $1.5 TRILLION a year deficits? What does it mean if FED is buying $900B ADDT'L treasury bonds? And will help Europe too? with what?
You know don't you? with MORE and MUCH MORE of the world's use to be valuable RESERVE CURRENCY.....I would LUV to print money to pay for my debts too....
D
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