Quote from e92335i08:
I don't hate the market I hate central banks for interviening in what is suppose to be the "Free Market" without the last LTRO and Fed Swap lines this market would have crashed and burned very quickly because of the underlying systemic problems however once again the system was proped up and pushed equities much higher, its unfortunate that the markets can not trade freely and is constantly the hand of Central Banks moving these markets. Lots of money has left the market and probably will not return because of more and more people realize that the Central Banks and interviening now more than ever to stave off deflation and keep asset prices afloat. The fact that there is realistically fear in the global market place and many investors have really no true direction as fundamentals and how the market is trading is confusing most investors. With Europe's issues far from over its will be just a matter of time before the US is in the spot light for there on going building of debt that will be unsustainable to encourage economic growth. Standard of livings are decreasing and have become worse for the majority of the world. Inflation of real goods causing economic instability because of currency debasement and intervention into free markets.
I completely agree. It all begins and ends, at least for me, with the ratcheted levels of CB intervention and all of the distortions it creates in not just financial markets, but the economy as a whole.
