Racket wrote:
American economy is unstoppable.
Igy, tell us again why you hate America and want it fail? Just kidding buddy, happy Friday.
Yea, that could be the impression, on the other hand manipulation of the markets is not in the long term best interest of America. And that comment is as much directed to Trump, Mnuchin, and Kudlow Tweets/comments as it is toward corporate financialization and Fed policy. That said, jobs are a lagging indicator, the economy is slowing, and the market is more expensive than a year ago. For the moment institutional traders are controlling this upward move.