Dow 25,000. What could possibly go wrong? After all, just because there is a meltdown happening in the Oval Office why should that be a bother in the casino? The lemmings and robo-machines are obviously paying no attention whatsoever to a crisis of governance coming to the boil, and, instead, are buying stocks hand-over-fist because prices are melting-up---100 Dow points a day, rain or shine.
Unhinged, Part 3: The Donald's Meltdown And The Market's Melt-Up
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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.