As I discussed this weekend, and many times before, Central bankers are no more than heavily-armed Keystone Kops – who each day, attempt to “kick the can” another 24 hours. To that end, they are rapidly losing control of global economies, financial markets, and political regimes; and thus, in their last ditch desperation to acquire those last, painstaking inches,
A) Stocks have been in an uptrend for more than five years and the Dow Jones Industrial Average has more than tripled since 2008 lows.
B) I am concerned that these gains are overinflated and pumped higher through these policies of the Central Bankers and stocks are way overvalued and extremely overbought.
It’s the 3rd time this month investment bank changes September rate prediction
Goldman Sachs economists
1) the ban on 'investing in non-financial companies', which is highly ironic given that other central banks are directly buying massive stakes in the world's corporate entities; and
A speech by Hugo Salinas Price at the inaugural ceremony of the Fourth Convention of the Association of Mining Engineers, held in the city of Durango, State of Durango, Mexico, on August 25, 2016.
The more things change, the more they stay the same. The financial world loves focusing on some future event that they think will change everything.
There is always some economic data, an important meeting like G20,