Keynesian Central Bankers—The Useful Idiots Of Bubble Finance, Part 2
The chart monkeys slipped off the ledge today after their determined run to tag the 200-DMA (2742) on the S&P 500, thereby getting back to relative safety. As is evident below, it has been a nearly vertical climb from the December 24 interim low of 2350 to today’s close at 2704. Then again, what stands out is the 13 month round […]