The global ponzi scheme in equities over the last year will unravel if the US stops printing money. Quantitative easing ends in March and I reckon many in the market assumed another round of money printing was to occur after that. I now think it's politically untenable for Obama to continue to prop up all assets through debasement of the dollar.
The rally coincided with QE and will end when QE ends. It has nothing to do with economic recovery or sound fundamentals. QE ends and the shorts myself included will bring down this ponzi scheme with vengeance.
- Forums
- ASX - By Stock
- DJIA
- sub 10000 next week
sub 10000 next week, page-9
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DJIA (INDEXDJX) to my watchlist
(20min delay)
|
|||||
Last
25,629 |
Change
-28.440(0.11%) |
Mkt cap ! n/a |
Open | High | Low |
25,629 | 0.00 | 0.00 |