Peeling the financial onion, and getting into pesky details the teleprompter readers of FTV and Politics don't want you to even 'think' about will make you cry.
Friday 'gave' us the usual rigged/manipulated [read" FED, Central Banks] end-of-day, end-of-week, and end-of-month, mandatory stuff of "must have GOOD headlines" ahead of the 3-day US holiday to be touted breathlessly by the Keynesian shills.
Look past that, and consider the near daily record 'nominal' returns of investmemnts vs. the less impressive 'real' returns of investments from 1983 to 2013.
- After Expenses, Dividend Taxes, Capital Gains taxes, and Inflation (the actual inflation running ~10.3% and NOT the fake offishul 2% number), the REAL real return of investing isn't all that hot. And it isn't as much 'investing' as playing 'financial Russian roulette.'
And it sure as Hell isn't a "recovery."
- Investments are NOT at record highs because economies are improving.
- Investments are NOT at record highs because employment is improving.
- Investments ARE at record high because the FED (and other Central Banks) are buying what no one else will.
Monday, 1 September 2014
Peeling the financial onion...................from Rico
From Theo Spark at 10:30
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