The Market and the economy are not the same thing. How do we know that the government/FED isn’t pumping it up?
We do know that high inflation will make it look like its booming as the economy crumbles: Zimbabwe’s did
I think the bottom line is the Dow is doing well because there is no other place to get decent returns. Interest rates are being manipulated to keep them low.
The Markets will absorb the tinkering only so long, then things will get messy again.
IMHO
(what isn’t?) Manipulated by Marxists.
“Everything about socialism is sham and affectation.” - 23.11 Ch23 Evil; Economic Harmonies; Bastiat 1801-1850
Or consider this post from “kevinearick” at zero hedge yesterday...
Children: Inferential Demand
Do you tell your brain what to do, or does your brain tell you what to do?
You can submit to your spouse, or you can submit to the majority, everyone around you. To be an effective parent, you must be able to identify future values and make current decisions accordingly, against the currency of artificial empire supply and demand, as an example of faith over time to your children. Labor’s positive feedback loop with community serves as a negative feedback loop to the empire positive feedback loop.
The empire can only chase you with numbers, offering relatively innumerable bridges to nowhere, to disguise your path. The one and only path forward, to protect your investments, is to build your foundation upon the basis of that which make you unique, that which the empire, and its participants, cannot see, for it has no perception, except replication, unless you give it one, Skynet or no. The Microsoft cloud is just its latest extension, and Stuxnet was classic empire stupidity, what goes around comes around.
The tide on the fulcrum is a function of time, relativity, which is an artificial construct in your brain, granting you free will to explore the perceptions of others or to create your own. The fulcrum and pendulum are one and the same, from different perspectives, the alpha and omega. The resulting multiplexer bypasses origin, dividing perception by zero over time, resulting in the calculus of demographics.
Wealth is a function of net present value of future cash flows, itself a social construct, a perception realized over time, with all kinds of opportunities for the empire to dissuade you from realizing your value. Take a second/cycle and think about it. If you are going to have 100 great grandchildren that love you, you are incredibly wealthy before your first child is born. Wealth is a function of timeless values, regardless of what anyone in the majority, all of whom are quickly returning their genes to the DNA churn pool, has to say.
The majority solves the same problem, the empire, everyday (a cheap mirror of the universe), the inception of artificial crisis for the sake of extortion, over and over and over again, repeating its perception of history over a time period of whatever peer pressure event horizon its participants choose. Yes, you can short Warren Buffet, but, as you have repeatedly seen, the Fed will replenish him every time, to keep the demographic insurance monopoly ponzi going; he’s a dinosaur. If you get in the way of a dinosaur, it has something to eat and replicates. Get out of the way and the empire implodes – reversion, backwardization, retardation, whatever word suits your purpose.
You can know gravity, and therefore its magnetic counterpart by inference. You also know that planetary diversity increases over time if viewed on a positive number line, either at the microscopic or macroscopic level relative to your viewpoint. Diversity among large species is declining rapidly, which tells you that microscopic diversity is increasing rapidly, and weather variability tells you that quantum threshold is on the empire horizon.
You also know that the land must be harvested productively, but the empire employs artificial property control as a means of extortion, to supply free money from the top/legacy down, creating future slave debt demand from the bottom up, 700% payday loans. Psychologically, the empire cannot tolerate leakage, but it must have your product, inferential demand of independent-thinking children, real oxygen, creating prisoners dilemma for the majority, which has chosen of free will and expects you to do the same, backed by the artificial force of artificial numbers.
When you walk out of privacy, you enter class warfare, complete with artificial choices and artificial outcomes. Hyperinflation / deflation is an act of war. Of course those believing in free money are surprised; they are paid to be surprised, with other people’s interest payments. It works both ways.
Neither a borrower nor a lender be. It’s less expensive to give the money away intelligently. Labor has no interest in any national currency or gold, all of which are controlled by central bank artifices. Labor doesn’t need to issue currency, and it can value any currency any way it wants at any time it wants. Get out of the way and let the empire misdirect itself, until you don’t.
When you net it out, those “intellectual” wardens occupying the ivory prison spire can’t do anything, and there is only a “reality” on the other side of their switch to the extent you provide one. Timing is everything. Let them play last man standing. Why would you play a game that can only be lost, over time, when you can play a game that may be won any way you want, any time you want?
from...
“What Looks Like A Rally May Just Be The Elites Passing Money Among Themselves”...(other posters in a very good thread here)...
The “Bailout Babies”, got their money back, and insulated themselves with high salaries against essential price pressures, Extortion-Care Lockdown Camp, and so called “banks” pipeline access “stress tests”, into taxpayer pockets.