Why strategists are clueless about the year-end outlook for stocks.

the other mike

Diamond Member
Jan 5, 2019
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Secret City under Denver Airport
First of all, what a great cover picture. :beer:
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Gold is currently $1785.38 an ounce and on the rise apparently.
 
Capitalism has changed. The Federal Reserve is now essentially as an important part of the economy as the consumer.

It's taking equity and bond markets a while to adjust to Capitalism 2.0.

 
Capitalism has changed. The Federal Reserve is now essentially as an important part of the economy as the consumer.

It's taking equity and bond markets a while to adjust to Capitalism 2.0.


There’s a word that might be applicable. Fascism.
 
Capitalism has changed. The Federal Reserve is now essentially as an important part of the economy as the consumer.

It's taking equity and bond markets a while to adjust to Capitalism 2.0.


There’s a word that might be applicable. Fascism.

Well, it all lies along a continuum. But there are clearly some familiar smells here.
 

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