Something smells here.... Like a few insiders who know QE3 is on the horizon and want to ride the bogus equity bubble a few hundred points higher? These crooks are manipulating the country as we know it into oblivion....
The Fed is already giving handsignals to those watching for this.
Have to disagree—these investors know that the govt spending is out of control and incompetent lawyers running said institution is destroying the value of the dollar and dollar-backed debt. Dollar-backed debt becomes worthless when the fed is forced to print more money, backed by nothing, to buy the governments burgeoning debt. Outrageous deficit spending by the federal government is the root cause of the collapse.
>These crooks are manipulating the country as we know it into oblivion....
Your knowledge of fiscal matters & bond markets is breathtaking.
The “crooks” who are manipulating this country into oblivion are the ones that PIMCO is protecting itself from, namely, those involved in QE1, QE2 & the soon to be QW3.
Which must be followed by QE4 and so on and so on.
They’ve been sending up warning signals now for a while...
of course ya’ know ya’ never believe a conspiracy theorist...
“Something smells here.... Like a few insiders who know QE3 is on the horizon and want to ride the bogus equity bubble a few hundred points higher? These crooks are manipulating the country as we know it into oblivion....”
It does not take insider information to know that QE3 is on the way. It does not take insider information to know that QE1000 is not far behind. The only ones manipulating the country are the rats and their comrades (labor cartels, environmentalists, corporate welfare seekers, racial hustlers, and trial lawyers). The rest of us are ducking for cover and preparing to return fire.
Sorry to wake you up, Sleeping Freeper, but those shadows you see in the bushes are not bankers -- they are just rabbits.
Now that the "insiders" revealed that QE3 is coming, why don't you too bet on it?
Bet also on the "speculators" that drive up oil prices: you know that because of them the price is going up, so bet on it.
I know, I know, it's hard to think about these matters and even harder to study them. But, fortunately, you don't have to know anything: just throw those accusations around, defame people --- that'll surely make yourself look patriotic...