His (da Fed's) actions haven't exactly been a model for success either:
And have you seen the overlays of today's market with the market prior to the Crash of '29? It's eerily similar. Around the 12th of January will be an interesting topic of discussion on many of the financial news shows in coming days.
His (da Fed's) actions haven't exactly been a model for success either:
Did we have a deflationary depression, like in the 1930s? Looks like his actions worked.
Velocity isn't a very useful measurement.
And have you seen the overlays of today's market with the market prior to the Crash of '29? It's eerily similar.
If you feel we're going to crash, you should buy some far-out-of-the-money, long-dated puts.