The reality of the Central Banks ending the era of “free money” is not a pretty site for the hogs who have been gorging themselves at the government trough for the past 7 years.
In the USA alone Obama has mortgaged our future by at least $10 trillion so the hogs could get fatter. And our Central Bank counterparts throughout the world have been doing the same.
The real value of the Dow Jones is probably around 8000 without the Fed’s free money.
Disagree. I believe on capitalization it is more in the 5-6K range. But at 8K I might start fishing,