Europe has officially lost its mind, ushering in an era of negative interest rates. ECB Chief, Mario Draghi, is now one upping the US Federal Reserve in central bank interventionism, all for the sake of equity price valuations. Surely, by now, they know that their actions do not result in jobs being created. This is specifically designed to withdraw money out from the investment accounts of the readers of Zerohedge, Peter Schiff and others in that genre, regular blue blazers–Original Don’s.
Now tell me again: why in the world are you bearish and when do you expect the central banks to “lose control”? You do realize you sound absolutely mad, right?
Futures are higher. All is well. Long live higher equity prices and the people who own them.
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WWS*D?
*Santelli
can anyone say, “bank runs”.give it some time while some of the simpletons start doing the 3rd grade math,and start yanking their coin from said banks. the house of cards will soon fall.you won’t be trading stocks ever again within the next15 months unless you go short. the tech crash,and the housing crash didn’t have the fall of reserve currency priced into stocks,but that ones coming.
Fly, Cape rates up – china iron ore demand up. Any interest in the bulkers? BALT?
Yep, I do sound totally mad. But at some point there has to be a tipping point to all of this? Bubbles always pop, even Central Bank Made ones.
Or–maybe— it’s not a bubble!??!?!
And don’t bubbles usually conclude with a blow off top before they collapse?
we will see.
The clam was greeted with a sell off on the announcement of the QEeez. The dip would get bought but lower.
This can only be good for eastern euro banks