iBankCoin
Read Scott here on iBankCoin and also at http://www.createcapital.com/
Joined Jan 19, 2010
717 Blog Posts

Signed, Sealed & Delivered

Are you a “professional” money manager? How did you do last year? Flat? Single digits up?

Well, now you are getting the exquisite pressure brought to bear by clients who are falling behind in the performance of the major indices for the third year in a row. And it is a pain like no other because you are not doing your job.

You see, when markets go down and you lose about the same as the major indices, you are in the same boat as most everyone else who is “invested”. But when you can not even keep up with the junky Dow Jones Industrial Average, then you are clearly incompetent, period–end of story.

You will lose your assets under management and your income and there may be no worse fate than that.

Now that the economic basket case known as Japan has a soaring equity market based on the Bernanke Playbook, there is nobody left to fight the FED. In fact, Roubini, better know as Dr. Douchebag, has thrown in the towel stating that markets will rise for a while “no matter what” based on money printing.

The Fed and Dr. Bernanke have reasserted America once again as the world’s financial leader and market records are just a stone’s throw away. The expensive will get more so and the cheap will become expensive. There is hardly an area of the equity market that will be left behind.

We outlined this plan, specifically, in 2009, and it is now signed, sealed and delivered and will continue until it breaks, even if there is a scary little dip. $85 billion per month will do that.  Prepare for Bull Market Geniuses everywhere. Enjoy!

 

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3 comments

  1. Cascadian

    Gains will be much easier with massive inflation.

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  2. charlie

    Everyone is printing, yet gold and silver prices are stagnant. I don’t understand this situation. Is it happening because all of the potential buyers of gold and silver believe that more growth awaits them in the juiced-up (but SAFE) stock market, thus no interest in PMs?

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  3. jimmy_two_times

    You’re bang Scott. Client’s want absolute returns when the markets take it in the head and then switch to relative returns when the markets rip !

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