We had a real economy, with real manufacturing, and real jobs.
Today's markets are rigged. Yes, rigged. Crony Capitalism rules.
And these clowns are not "investors."
They are worse than Vegas gamblers, playing with ficticious QE Federal Reserve "pumped" money.
A Day of Reckoning is coming.
Happy rebound day to all of our "buy-on-the-dips" traders!! Last week's end on a four-day high now has stock index futures @ +0.73% w/ metals muddling along at support levels that have served since last Feb. Only econ report is the Treasury Budg this aft but for now the news is downright copius:
- Rising Interest Rates Could Shock Investors - Roger Bootle, Daily Telegraph
- Why Investing Is Very Complicated - Sendhil Mullainathan, New York Times
- The Source of Rising Economic Worry - Noam Scheiber, New York Times
- Bernie Sanders: The Future Of The Democratic Party - Reason
How does the collapsing economy a small country with a GDP less than Louisiana affect the US stock market?