|
Re: Jester says: The Fed hike
that will never come
It's all subject to interpretation of course. My opinion is that
the Fed has become less transparent, which means volatility and
risk. I also think part of it is that they are losing credibility.
When you want someone to have your back, you want them to have
credibility. Note that the China market collapsed despite threats
of arrests, Govt buying of stocks, daily propaganda, etc., because
central banks can mask risk but they cannot eliminate it.
Rate hike when S&P hits 2400, QE4 when S&P hits 1700.
There's your data dependency :-)
|
|
0
0
