THE MOVE BY THE FED TO "BOOST" ASSET PRICES AT ALL COSTS...DEFINES THE ECONOMY NOW...
ASSET PRICES...SIMPLY PUT...CAN'T GO DOWN... CASH IS BEING STUFFED INTO THIS PART OF THE ECONOMY...TO THE EXCLUSION OF ALL OTHERS...
AND THAT IS THE KEY...TO THE EXCLUSION OF ALL OTHERS...
THERE IS VERY LITTLE MONEY ON MAIN STREET NOW...SO CONSUMER DEMAND IS AND WILL REMAIN PUNK...FOR THE FORESEEABLE FUTURE...
AS LONG AS ALL THE NEW FED CASH STAYS SEALED IN THE BIG BANKS AND ON WALL STREET...ASSET PRICES WILL CHURN...
BUT ALWAYS IN THE FACE OF AN EVER DECLINING REAL ECONOMY....
THIS IS UNSUSTAINABLE... BUT IT WILL LAST FOR A WHILE...
