Fed’s illusion of prosperity bound to vanish
We have all seen how Fed-induced speculative bull markets end. We either end up with another cycle of wealth destruction down the road or higher inflation. I see no other outcome.
My primary competition is in serious trouble. That means the profits I am enjoying by writing this "Illusion of Prosperity" blog will most likely double soon.
I just wish I hadn't used a deflationary dotcom business model, lol.
2 x $0 = $0
A reader told me through a private email that I might want to check out David Rosenberg today. Thanks for that!
Sunday Night Futures
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Weekend:
• Schedule for Week of April 28, 2024
Monday:
• At 10:30 AM ET, *Dallas Fed Survey of Manufacturing Activity* for April.
From CNBC: Pre-Market Dat...
5 hours ago
1 comment:
Too funny on the IMF headline! The Rosenberg piece is a good one.
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