THE FED HAS MANAGED TO WEAN THE MARKETS OFF DEPENDENCE ON THE ECONOMY FOR SETTING STOCK PRICES... IT TOOK A WHILE BUT FINALLY WE ARE THERE...!
NOW WALL STREET SETS STOCK PRICES TOTALLY OFF THE BERNANKE PUT...AND BEN'S MONEY PRINTING...
NOW...BEN'S MONEY PRINTING IS THE ONLY THING SUPPORTING THE US MARKETS...AND WHAT'S LEFT OF THE REAL US ECONOMY...
BECAUSE MAIN STREET...AND THE REAL ECONOMY...IS STILL STUCK IN A VERY DEEP DEPRESSION...
JOBS ARE PUNK AND MANY PEOPLE HAVE QUIT LOOKING FOR THEM... HOUSE PRICES ARE PLUNGING EVEN STILL...
AND CORPORATIONS ARE SO STUFFED WITH CASH THEY CAN'T EVEN SPEND...NOT HERE OR OVERSEAS...
THE FED'S ENTIRE HOUSE OF CARDS...IS BASED ON THE HOPE THAT TRADERS WILL NOT START SPECULATING IN COMMODITIES...WHICH IS THE ONLY PLACE THE BERNANKE PUT...TOUCHES THE REAL ECONOMY...
AND SO FAR...THAT IS NOT GOING VERY WELL...
OIL, GOLD AND SILVER ARE SOARING...AND FOOD COMMODITIES ARE AT RECORD HIGHS...HENCE THE "FOOD RIOTS" IN THE MIDDLE EAST...
NATURALLY THE MARKET MASTERS ARE TRYING TO HOLD BACK THE COMMODITIES SPECULATION... BUT IT JUST KEEP COMING BACK...
AS LONG AS BEN IS PRINTING...THE DOW CAN NOT FALL...
BUT IF BEN KEEPS PRINTING THE UGLINESS IN THE REAL ECONOMY MAY JUMP OUT SOON...PROBABLY IN THE FORM OF $4 GAS...
BECAUSE GAS PRICES ARE REALLY THE ONLY PART OF THE BERNANKE PUT THAT IS VISIBLE FROM MAIN STREET...!
