Don’t Fight The Fed; Fight The Fed (August 4, 2014)
. . .
K “As an investor, ‘Don’t Fight the Fed.’ The Fed is creating and flooding the market with digital dollars and spawning an otherwise unfounded rise in the price of stocks. Surf the collective delusion, but gauge when the Fed has played its hand and then beat the flood of funds out of the market.”
J “Ya gotta know when to fold ‘em.”
. . .
K “As a citizen, ‘Fight the Fed.’ The Fed is the banker’s private club that profoundly and often negatively impacts the economy and lives of every ordinary American with desperately little public input.”
J “Ya gotta know when to hold ‘em. Accountable.”
. . .
J “So just when do I fold ‘em?”
. . .
Bumper stickers of the week:
Don’t End The Fed, Do Mend The Fed
The Fed: Lifting the yachts but not the tugboats and rowboats. Since 1913.
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