The only thing for me was..."incidentally, low priced, riskier stocks leading the upside is compatible both with bear rallies and the liftoff phase of bull markets..." Say what ?
And we are soaked for IRA fees etc .for this fishy fishy in a brook ??
Poo-Paw will be picking the Ky Derby bets for y'all next weekend.
So Giddyup and GO !!
1 comment:
You are right... it does look like deflation. In theory, the Fed indicates they know how to combat such prolonged deflationary periods. This is the perfect opportunity for them to put their theories to work. If they are correct, saving the financial system and restoring confidence are the two primary fixes to achieving the flow of money and credit again. It is a complex world with lots of money flowing electronically.
In this system, the primary banks simply do not lose. They are also the primary dealers for all U.S. treasuries. Rain or shine, it is a win-win for the primary dealer/banks... but it's kind of fun watching their executives being grilled.
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