I hope you appreciate the concept of negative rates in Europe. This is a continent struggling to employ and produce, using draconian methods to encourage growth–5 years removed from the Great Recession. Here in the states, we are winding down QE operations–but still have zero percent rates, which has not really buoyed new homes sales in any large degree. The desirable areas are in demand and Detroit is still Detroit.
Can the market go higher without a Fed intervening? More importantly, if the economy is still struggling now at 0% rates, can we seriously raise them?
To the latter, I say no, positively. The only reason why you’d raise rates is to stoke another market crash.
I’m not as bearish as this article makes me sound. I am simply asking some serious questions that will one day need to be answered. Until that day of reckoning comes, we have this–the never-ending melt up. Pullbacks are always met with buyers and short sellers remain, indefatigably, ย in the ‘fag box.’
Top picks: ETR, EXC, TLT and cash.
If you enjoy the content at iBankCoin, please follow us on Twitter
Who would have thought that long duration bonds would be up 30% YTD…go figure.
It’s pronounced “Amazeballs” good sir. Amazingballs describes solely myself.
Also. Just like 1929, Europe ends up being the ultimate reason for shit going bad.
Fucking baguettes.
But they’re so good.
0% may as well be negative.
Total insanity, print print, a race to the bottom. The strength in the dollar is going to hurt all of the companies here exporting to everyone else. Its a race to the bottom.
your top picks have turned you into a 57 year old “prepper” that cut out all excess but kept the internet connection.
You have the patience of a mosquito racing for a flame.
Made a fucking killing on TZA today. 150k shares long from ze top ๐ preparing to be shellacked tomorrow though.
Wing Wong
Where’s that faggot who has been saying to buy NUGT on every post for the last month. Good call, fuckstick! Lets do it again soon; I really liked the way your tonsils tickled.
lol +1
DOW 20k by this time next year.