HOW CENTRAL BANKERS PLAN TO CONTAIN THE NEXT MARKET DRAW-DOWN A FALLING MARKET CANNOT BE ALLOWED – at any cost! The Central Bankers have clearly painted themselves into a corner as a result of their self-inflicted, extended period of “cheap money”. Their policies have fostered malinvestment , excessive leverage and a speculative casino approach to investments. Investors forced […]
COMMENTARY
ITS ALL AN ILLUSION – PLUMMETING PRODUCTIVITY EXPOSES THE MYTH!
ITS ALL AN ILLUSION PLUMMETING PRODUCTIVITY EXPOSES THE MYTH! THE RECOVERY IS AN ILLUSION The truth the media refuses to admit is that the post financial crisis economic recovery is a statistical illusion! We buy it because our traditional “measures” like the stock and bond markets are suggesting this is the case. In actuality they are […]