Easy-street ping.
Will the government keep pushing funny money into the banks and thus into the stock market?That’s what’s driving it upinto fantasyland. So long as the market rises it is a good thing for us back here in the real world that don’t have money in the market. It keeps the prices of turnips and spark plugs from going up in tandem with the inflation that has been happening big time since 08.
I have no confusion about this at all. And I don’t think the market will crash because it will be manipulated to the point where it can’t crash.
Here is a simple thought problem. The axiom is that the markets are ruled by their indexes, because that is what the vast majority of investors see. If you can manipulate the indexes, you can prevent the indexes from ever collapsing.
It only needs a few things to pull this off.
1) You have to be able to act very quickly, and secretly, so that no one can see your blatant manipulation. The FED can do this, because their actions are invisible and only the outcomes of those actions are visible.
2) You have to have the force to act, meaning lots of money, in the tens of billions of dollars, and the willingness to act without fear of losing it all, because it is not your money.
The S&P, Naz and Russell 2k consolidated for nearly 2 months, so this new uptrend could have nice legs up until Down 20,000. What’s interesting however, is that Gold and Oil looks as if they’ve bottomed. Gold had an outstanding week.
Why do we keep asking the federal reserve and monetary policy to pull us out of economic messes.
Ronald Reagan said (paraphrase) “government is not the solution to the problem, government is the problem”
The narrative from the government and the msm is to modify monetary policy. How about another strategy, the government getting out of the peoples and businesses way. Stop taxes, regulations, and social programs and watch our economy boom.
experts confused.. lolol
I’m gonna make a killing in Maalox.