THE MARKET SIMPLY WILL NOT GO DOWN UNTIL THE FED QUITS PRINTING $85 BILLION A MONTH TO SUPPORT THE MARKETS....
LITTLE OF THE FED MONEY REACHES MAIN STREET....MOST OF IT GOES TO SHARE BUY BACKS AND M&A ON WALL STREET...WHICH DESTROY JOBS...
YOU DON'T MERGE TWO COMPANIES TO INCREASE EMPLOYEES...YOU ELIMINATE THE EXCESS EMPLOYEES...
M&A IS FINANCED BY THE FED...AND M&A IS A JOBS KILLER...!
THE DOW WILL CONTINUE TO BE A MOONSHOT UNTIL THE BOND MARKET CRASHES...
THE FED WILL BE TOTALLY REACTIVE...NOT PROACTIVE ....TO THE COMING BOND CRASH... VERY LIKELY BERNANKE WILL NOT CHANGE ANYTHING WHILE HE IS IN OFFICE...
THE REAL TROUBLE WILL BE FOR THE NEXT FED CHAIR....AS IT IS UNLIKELY THAT BERNANKE WILL BE REAPPOINTED.... ITS WAY PAST TIME FOR SOME NEW THINKING ABOUT THE BOND BUBBLE...AND ITS ECONOMY...
LITTLE OF THE FED MONEY REACHES MAIN STREET....MOST OF IT GOES TO SHARE BUY BACKS AND M&A ON WALL STREET...WHICH DESTROY JOBS...
YOU DON'T MERGE TWO COMPANIES TO INCREASE EMPLOYEES...YOU ELIMINATE THE EXCESS EMPLOYEES...
M&A IS FINANCED BY THE FED...AND M&A IS A JOBS KILLER...!
THE DOW WILL CONTINUE TO BE A MOONSHOT UNTIL THE BOND MARKET CRASHES...
THE FED WILL BE TOTALLY REACTIVE...NOT PROACTIVE ....TO THE COMING BOND CRASH... VERY LIKELY BERNANKE WILL NOT CHANGE ANYTHING WHILE HE IS IN OFFICE...
THE REAL TROUBLE WILL BE FOR THE NEXT FED CHAIR....AS IT IS UNLIKELY THAT BERNANKE WILL BE REAPPOINTED.... ITS WAY PAST TIME FOR SOME NEW THINKING ABOUT THE BOND BUBBLE...AND ITS ECONOMY...
