Fridays market closed & the dow recovered its disasterous losses from january.
where do we go from here? The bulls are giddy after yellen exposed herself as a fraud. All these fucking Fed chairs, all they care about is the dow.
IMO:
an economy based on endless deficit spending, trade imbalances, & hollowing out the middle class cannot have doubling dows forever. it actually stifles growth when middle class people cannot save money to start a business.
whats gonna happen when the fed funds rate is at zero, the govt has too much debt to bail out the next burst bubble. Just print more money?
only question is when the next big crash comes. January was just a pre big-one appetizer. Look at gold lately!
