Jorma

Well your preaching to the choir here. The point is it's such a ridiculous lie, in other words. That's my point. Why lie about it. All this "rates" talk and not a peep about the balance sheet. It's sick.

I'll assume DOW won't go past minus 500, or the feces may hit the impeller.

Fed heads on the wire talking continued "rate hikes". Do they even know that rates will go up even if they don't raise the Fed Funds target rate? At least if they don't stop shrinking the balance sheet or probably growing it again. Don't they know?

Looks like the market hit an i̶c̶e̶b̶e̶r̶g̶ rough patch.

Probably not a macro thing but all of Malibu has been evacuated because of the fires. Besides others as well. There are going to be massive losses. Sure, good from an economic activity angle, but where is the money going to come from?

Will. How did the US become the worlds leading oil producer while losing money on most every barrel? Will. The fate of the world depends upon inflating stuff.

Come on Lee, help us out. The world needs a party pooper and certainly there is not a better man for the job.

Quite a party. A little money gets a lot of inflation, for awhile.

BOJ signals exit from from QE, but, http://www.atimes.com/article/bank-of-japan-signals-exit-from-quantitative-easing-but/ As a side note this was interesting. "Owning about half of the outstanding government bonds and more than 75% of exchange-traded funds"

I can hardly wait for the 13 week and 6 month projections.

There is no such thing as the market so it doesn't know anything.

They won the kewpie doll fair and square are they are not giving it back.

I use astral projection, it takes less gas.

That would be nice but seems less than likely, looking at a simple daily chart.

Or it could be an accident waiting to happen.