Archive for the ‘Quantitative Easing – QE’ Category

How the Fed is fueling the stock market … and feeding Obama’s spending.

March 14, 2013

First, a couple of disclaimers …

1) At heart, I relish conspiracy theories.

2) You probably know this already

But … the obvious has suddenly became clear to me.

Ben is in cahoots with Barack.

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Here’s how and why it matters.

As loyal readers know, I’m bearish on the stock market.

Most companies have done a monumental job deleveraging and boosting profits by restructuring … i.e. jettisoning under-performing assets and employees.

Add QE1, QE2, QE3 … and you’ve got yourself a stock market rally.

What perplexed me  is why Obama would tolerate monetary policy that makes the rich richer (way richer) and keeps the poor poor.

Didn’t make sense to me.

Until the light bulb finally illuminated.

Here’s what’s going on … (more…)