On May 11 we noted the market had been radically narrowing ever since the beginning of 2015 after QE3 purchases by the Fed officially ended. Since then, the road has narrowed down to a sliver----or perhaps a cliff edge would be a better term.
The Momo Bunnies Are Nearing $1,000 Per Share---Look Out Below!
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.