Monday, February 3, 2014

2/3/14: Home again, home again

jiggedy jig

Maybe it can be a new series for when I get home after a long day.  Not much time to post anything.


The one thing worth noting is that the market continues its slump as of late.  Looking back over time, the idea that the market has been pumped by the Federal Reserve seems to take hold.  It happened in 1998, 2002, and 2009.  Each time during those time periods, the equity markets were in a slump, and the Fed came to the rescue with rate cuts ( 1998, 2002 ) and now ( 2009 ) "Quantitative Easing".  Each time, the Fed has had to get more aggressive in helping out the market.  The next time, what will it do?  Could it have played its last card?  If so, look out below, 'cause we're going to go way, way down.


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