The worldwide money printing by the Central Banks is floating the stock markets in a sea of freshly printed fiat in an attempt to never have to pay the piper.
The FED comes out and says for another 3 years rates will stay at 0%, meaning savers and conservative investors who RELY on returns to live have only ONE PLACE to put down their chips.
And in the end, the HOARD of players in the bond market at SKIMPY rates and those in stocks will be trapped. AS it is, there is little volume outside of the manipulators, the HFT's.
WE have OFFICIALLY 2.8 GDP, but 3.5 is needed to create jobs in a meaningful way. The unemployment drop is mostly from long time unemployed just giving up, or settling for part time or jobs that pay 50% of what they used to make, if lucky to find one.
WE have an engineered economy, one that evidently cannot stand on its own 2 feet, or interest rates would float in an open and free market.
Manipulation, and regulation can work for a time, but in the end, I am afraid the end game is being made much more dramatic, details to come. "Castles made of sand, slip into the sea, eventually".
D
2 comments:
They want the market to rise and it will--for awhile.
I'm trying to figure out how to be in a chair when the music stops. But it isn't easy!
Only way is to get out before THEY do and have the patience to wait.
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