| QE4? Maybe - but why? Has the market "quantitatively" risen from the dead...like a cartoon character? No sir - it does it on its own.. In the past, bad news was always "good news" for the markets on Fraud Street. Now, however, it appears that Chinese news takes center stage. ...as being reported live...IT appears bad news in China is "bad news" for everyone. With Chinese authorities already in full liquidity spigot-mode, the fact that China PMI for August collapsed to its lowest since March 2009strongly suggests that - unlike every talking-head's proclamation - a crashing stock market does (whether reflexively or not) impact the real economy. US equity futures legged significantly lower on the news - S&P 500 to 7-month lows, eyeing the stunning 2,000 level; and Japanese stocks also legged lower. Well this silly "bad news is bad" nonsense won't last long if the USA is a barometer. In the US, bad news is always good because, after all, there is always another weather report coming that will change whatever is necessary to make the "powerful" feel good." The Chinese are very good people...but they have a lot to learn in the USA... When in the US, one should not say ANYTHING poorly of Hillary Clinton. When in the US, one should not say ANYTHING poorly of Jeb Bush. "Yes sir...I understand. both/either family runs your country." "Slow down hoss...not true...dats fighting words..." And that's how it often starts... CRAZY & stupid on both sides ...left hand says one thing, the right hand says another ...but these days "the man" centers the conversation with "DEEZ NUTS !" Trade well and follow the trend, not the perma-bull OR perma-bear "experts." Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banking mafia. |
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Keep a civil tongue.