Thursday, January 9, 2014

The Stock Market, or The Minted Market?

Obama, the Fed, and the Phony Economic Recovery
The Article's Conclusion:
“Since the Federal Reserve began their asset (stock) purchase program coupled with stock price manipulations, good earnings for the publicly traded companies do not really matter,” he says. “The price to earnings ratio valuation does not really matter, either. A fundamental or technical analysis of stocks or the market indexes does not really matter. The only thing that really matters is the activities of the world’s central banks led by Federal Reserve Chairman Bernanke.”
This is being done, Diamond maintains, because certain actors on Wall Street, like the hedge fund operators in the Managed Funds Association, want to see Obama turn the U.S. economy into a top-down command-and-control socialist-style system that eventually includes nationalization of the big banks.
“If the Federal Reserve continues the QE [quantitative easing] stock buying program in 2014, they will be holding up the economy artificially to lull you to complacency while the enemy of freedom remains in power to complete his fundamental transformation of America,” he says. “Things are not what they seem.”
This assessment of the Artificial Stock Market will cause you to think about your investments as well as your future.

Is Soros and other Socialists really that much in control?

"It's looking good so far."

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