Looks like we might have another cycle of this endless fucking march upwards before we see any downside. Some Asian indexes are signally down though IMO (Australian SPI). Some European indexes look like they want to make another leg up (FTSE).
The uncharted territory various central banks have placed us in is not only treacherous but extremely sketchy. No, the solution is *not* endless QE. You will *not* get the inflation you're looking for by that method, clowns, and the definition of insanity is continuing to do something expecting a different result every time when it doesn't happen. My first inclination is to expect malice on the part of CB's and their Goldman buddies, but this seems like a classic example of Hanlon's razor.
The uncharted territory various central banks have placed us in is not only treacherous but extremely sketchy. No, the solution is *not* endless QE. You will *not* get the inflation you're looking for by that method, clowns, and the definition of insanity is continuing to do something expecting a different result every time when it doesn't happen. My first inclination is to expect malice on the part of CB's and their Goldman buddies, but this seems like a classic example of Hanlon's razor.
