DR BERNANKE'S LITTLE PILLS MAY BE HAVING A PLACEBO EFFECT ON SOME TRADERS...
OR PERHAPS, SOME FOLKS JUST WANT TO PLAY IN A GAME WHERE PLUNGE PROTECTION AND THE BERNANKE PUT ARE IN EFFECT...ALWAYS READY TO STEP IN AND BUY THE FLOAT...
ABSOLUTELY NOTHING FUNDAMENTAL HAS CHANGED... IN FACT, IT'S MUCH MUCH WORSE...GOLD IS SOARING...OIL WON'T BE FAR BEHIND...THE DOLLAR IS BACK IN THE TOILET...
THE FED'S OBSESSION WITH KEEPING WALL STREET HAPPY IS CAUSING MASSIVE MACROECONOMIC PAIN DOWN THE ROAD...
AND THAT MEANS HUGE INFLATION EVENTUALLY...
THE NOTION THAT THE FED WILL "SOP UP" THE EXCESS LIQUIDITY "LATER" IS JUST MORE BULLSHIT THINKING....BECAUSE THEY NEVER DO.
BERNANKE DESPERATELY WANTS THE US ASSET BUBBLES BACK....IN SOME FORM...
AFTER ALL GREENSPAN MAKE HIS "WIZARD" REPUTATION BASED SOLELY ON HIS ABILITY TO PRODUCE REPEATED MASSIVE ASSET BUBBLES!!
WHAT BERNANKE WILL PROBABLY GET IS HUGE INFLATION IN COMMODITIES PRICES... ALAS, THE GREENSPAN DAZE REALLY IS OVER...
YOU CAN'T GO BACK TO THE 1990'S...EVEN IF AMERICAN VOTERS DO GO FOR HILLARY!!
A VERY WEAK DOLLAR...AND EVENTUALLY SOME PUSH BACK IN THE BOND MARKET AS FOREIGNERS BULK AT EATING MORE SHIT FROM AMERICANS IS INEVITABLE....
MEANWHILE, SELL THESE BLIPS... THIS IS LAST BEST CHANCE TO "COME EVEN" AND EXIT THE MARKET!!
