Ghost of Igloi wrote:
OK, I guess we got to a 1.37% 10 Year Treasury, negative Bund and JGB, oh and $16 Trillion in QE all by chance. I’m my view that was the driver of the Bull Market you love. Not surprisingly that market struggles as this is unwound. Hey but who knows?
Market seems to be struggling most lately over the fact a literal retard is the president and escalating quickly with China. It's also not the central banks' fault that companies used the easy money for stupid sh!t that would poison their balance sheets in the long run.
You don’t seem to understand the negative consequences of driving the cost of money to near zero. Even your own p hobby to gamble in the stock I supppose is a fairly recent phenomenon of Fed encouragement. And for those who disagree the Fed explicitly wanted people and institutions to take more risk. Of course as is usually the case the unintended consequences of such foolish policy is starting to appear.
Hey it is just an opinion and to each our own.