Tuesday, December 11, 2012

MARKETS AT FED'S TIT...NOW CRASH PROOF..

WE DON'T TALK ABOUT THE MARKETS MUCH ANYMORE...BECAUSE WE DON'T NEED TO...

STOCK TRADERS ARE JUST "PLAYING NICE" IN BERNANKE'S SAND BOX...

OCCASIONALLY TAKING ANOTHER SIP AT THE "FED TIT".... 

BUT THEN GOING BACK TO THE SAND BOX FOR A NICE NAP...

THE MARKETS ARE LIKE AN INFANT ON ITS MOTHERS LAP...TOTALLY SAFE...PROTECTED FROM THE WORLD.

THE CENTRAL BANKS OF THE WORLD "STOPPED THE BUSH DEPRESSION" BY ABANDONING ALL NORMALCY IN MONETARY POLICY...

TAKING THE "PUNCH BOWL AWAY" WAS SOOOOO...WELL 20TH CENTURY...WE DON'T EVEN THINK ABOUT THAT ANYMORE...  ITS A "BARBAROUS RELIC"...SORT OF LIKE WHAT GOLD WAS BACK IN THE DAY WHEN WE HAD OLD FASHION MACRO ECONOMIC THEORIES...

RIGHT NOW...ITS JUST "TURN ON THE FIRE HOSE"...WHENEVER THERE IS SMOKE...!

OF COURSE THE MARKETS ARE SO WATER LOGGED WITH FREE CASH...THAT ITS IMPOSSIBLE EVEN TO GET A "SPARK" OF A DOWNTURN STARTED...

THE RICH LOVE IT...WALL STREET COULD NOT BE HAPPIER...

BUT THEY WANT THE POOR TO PAY FOR ALL THIS WITH LOWER WAGES...TO KEEP THE DEPRESSION GOING...AND INFLATION AWAY FROM THE FED POLICY...

SO WE DRIFT...GOLD HIGH...OIL...WELL,  APPARENTLY BEING MANAGED BY SOMEONE...  BUT STILL ON AN UPWARD COURSE...

SO WE DONT TALK MUCH ABOUT THE MARKETS ANYMORE...

AS LONG AS THE FED'S TIT IS HANGING OUT...  WE DON'T NEED TO...!