The Fed will be printing $1 trillion in a very short period of time. This is absolutely historic and yet nobody is complaining. They’re actually cheering the monetary easing to occur. Make it happen to ensure everything stays afloat. This financial magic cannot persist forever. It must eventually revert to the mean. The higher up it goes, the more exaggerated the fall will be. Right now the stock markets have achieved the highest levels they ever have not just in nominal terms, but compared to make other economic indicators and that’s a very worrisome point.
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