Many of us already knew this.
There is a huge bubble that will come crashing down if Bernie or Hillary or Ted are elected.
Sure, sure, if it wasn’t for the Fed, stocks would be trading at five times earnings and paying an 8% dividend.
Fraud ‘recovery’ is a fraud.
I agree with the headline - it screwed me up. I got out before the crash, as it was obvious that mortgages were lethally overextended. Then I waited for the obvious drop, but it never fell as far as I expected - now I know why, PRINTED MONEY. And we are STILL in that cycle.
As someone in the yahoo comment section pointed out, the thing that this various bull market drivers have in common is that they are all debts.
The stock market is benefiting from the “stable” environment created by the Fed. However, the DIRECT beneficiary of the Fed’s actions is the Bond Markets. The Fed is making the market for Treasuries. There would be Hell to pay throughout the financial markets if Treasuries faced a failed auction.
In short, the Fed is monetizing the debt—buying the debt created by massive deficits.
This country is screwed no matter what. Donald ain’t gonna save it.
My posts here on the markets are hereby vindicated.
The market has been on herion for 8 years, once the FED stopped the flow the market has to correct, meaning stocks have to be price via markets not propped up up with FEDcash
What will happen if the Fed stops buying all the government bonds???
We are looking at trillion dollar annual deficits in the future as far as the eye can see. If the Fed doesn’t continue to buy huge amounts of that debt, what happens? What will be the impact in the financial markets worldwide?
And why did “candidate” Obama say that it was criminal and unAmerican and such, when we had $9 trillion in debt when he was first running for president? Yet he has nothing to say about how under his administration, we have added more to the national debt than all previous presidents combined????
Bank of Cards. Collapsing soon at a theater near you.
Got cash?
Got gold?
Got lead?
It is how they fleece us. They think we are their very own personal herd of sheep. Half of America acts like it.
Prime rate at near zero, bond market at <2%, where does the money go?
Printing money for nothing and the K Street chic’s are free.
Trump has been talking about the bubble at his rallies. He has been saying, “Things are worse than you know.”