Very true. Have you seen these "financial experts" who supposedly know what they are doing?
They hang on every word the clueless Janet Yellen utters.
The market will swing by Billions depending on her use of the word "is" or "because."
She ain’t funny. To some folks.
long before the current fed chairman was hinted at as being the replacement,
I knew they would promote and nominate some vacuous starry eyed nancy pelosi type with an almost borderline dementia posture about her,
Someone to be a complete obama worshiping koolaid drinker to rubber stamp any corrupt administration policy no matter how far out of economic reality it seemed,
I was not disappointed,
In Yellen, I suspect that fund managers saw someone who might be more easy to manipulate, which type many were crying for. But not all fund managers and advisors are looking for success with the same strategy, and not all investment clients are treated the same.
Select research groups with select members are paid well by governments, companies and very influential individuals to do research into events that might occur (wars, social changes, political changes, weather changes, geological changes, astronomical changes, etc.). Some of those members of research teams have visited some of the most dangerous places on earth while seeking knowledge pertinent to what might happen next. Even they will not find enough information to predict everything.
There’s some real knowledge behind the sponsored propaganda about man-caused global warming. I know a thing or two (solar and geo-) but not the extent of it (possibly astronomical and more having to do with physics).