Markets limping along, Fed keeps rates the same for the foreseeable future, repo markets grind on, nobody is convinced.
The landscape seems to me now to be like a battlefield, with all communications lost. Smaller parties here and there doing this and that, commanders unable to execute plans, people making guesses and field decisions as to who is their ally and what their combined mission might be, in an environment where information is choppy, incomplete, and unreliable.
Something has happened already--it's like a bomb went off, and everybody is deaf from the noise. What it is that has happened, I don't know...but I do sense that there has been a disturbance in the force.
Nervous as f right now. Fed needs to just go full retard and declare QE4, and engage the afterburners on the printing presses--at least then I will decisively know when I need to get out. Moving some money on Friday.
You may now pile on. Only history will decide if the first shots have already been fired by this time.
markets limping along at all time highs
Not when priced in, for instance, gold.
oh maser. *sigh*
your posts always make me think of that old saying 'in the long run we're all dead'
I don't know exactly why I think that about your posts but there it is.