What are we to make of the information presented?
Market manipulation.
And no, there has never been such a sustained absence of volatility historically.
The FED wants to insure any volatility remains in check, for if the beta became uncontrollable, things could unwind in high velocity.
Although we have no documentation, it appears certain the FED is buying and selling stocks when the deem necessary to stop any downdrafts from gaining traction.
This cannot continue, as the market will take control of itself sooner rather than later.
We have great respect for the thinkers over at Investment Research Dynamics, particularity their spot on analysis of the capital markets, although we do part company politically on occasion.
IRD nails it again, and it is warning you should heed.
The U.S. collapse will happen either now or later. For the latter outcome, at some point the Fed will need to print 10’s of trillions of dollars to prevent that horizontal line on the graph above from turning into a downward-pointing near-vertical line. Of course, please review the history of Germany circa 1923 to see how the money printing alternative worked out…
No comments:
Post a Comment