Investors Are Ignoring The Evidence At Their Peril
Authored by Lance Roberts via RealInvestmentAdvice.com,
Authored by Lance Roberts via RealInvestmentAdvice.com,
On the heels of San Franciso Fed Governor John Williams' warning that The Fed "doesn't want there to be excesses in financial markets... " Janet Yellen has reiterated her concerns that markets are a bit toppy...
While we will have much more to share from the latest weekend letter by One River's Eric Peters shortly, we found the following section on inflation vs asset bubbles - a topic which BofA's Michael Hartnett has been focusing extensively on in the past year and which serves as the basis for the "Icarus Rally" - particularly notable as it explains all of today's comments from Janet Yellen and other central bankers, discussing why it is only a matter of time before inflation returns, as the alternative, as Peters' explains, is a world in which yields simply refuse to go up, leading to a nightma
There shouldn't be a Federal Reserve, but it exists, and it's constantly creating a world of economic pain.?
Each Federal Reserve bubble must turn into a bust. It's unavoidable.
Ron Paul discusses the latest bubble below...
http://player.cnbc.com/p/gZWlPC/cnbc_global
Via RonPaulLibertyReport.com
According to the central planners, the "solution" for the bust is more creation of new money and credit.
That's the only way they can keep their "system" alive.
One week ago, BofA chief investment strategist Michael Hartnett laid out his reasoning for why a market correction is imminent: