Thursday, October 21, 2010

Futures, Financial Markets record highs; Real-on-the-Ground Economy Dead - Cause: Fed Liquidity Overdose

In a post-mortem of what killed the Economy - the actions of the NEW trying-too-hard actor, the Fed - are implicated as the cause of the death of economy - it's just not yet been officially announced. One economy has been the exception, the one east of the Hudson; proxies for certain markets.

The original cause of death was Fed inaction during 2004-07.
Efforts to resuscitate the economy have only prolonged and distorted the patient, as on steroids in the last days of life.

Any reactions, comments, questions or corrections always welcome.

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