by Boo_Randy Fed-engineered boom/bust cycles are the most efficacious means of transferring the wealth and assets of the soon-to-be-extinct middle class to the Fed’s private equity accomplices. Investors Brace for the Fed’s Hard Landing As investors hope for a Santa …
via Brad DeLong CRISIS, RINSE, REPEAT: Key economic data from the periods following the 1929 stock-market crash and the 2007-2008 financial crisis suggest that the current recovery has been unnecessarily anemic. If policymakers refuse to heed the lessons of the New Deal …
via ronfkingswansonTOP Called the 17.2K bulltrap when folks were expecting to unload bags at 18-19K. Called the 9K low on the second selloff, when folks were clamoring for even more blood.Now we’re repeating the same rebound, retrace, and collapse cycle on …