... but, this time it is not Denmark. Bennet Sedacca, Atlantic Advisors, states about the current situation in the U.S.:
The conclusion, when comparing the above fundamentals and the rise in the markets right now, is that this is an effect of an "adrenaline shot" by the US Government's intervention.
Of course, we will see a whole spectrum of ideas and actions out there. The real picture will only be painted by what happens here and now, every day.
"Ever since 1995, the Federal Reserve and other authorities have been assisting in the birth of the largest debt bubble in our nation's history. Money supply has grown exponentially, weak businesses have been formed and failed, the consumer is leveraged up to their eyeballs, regulation is poor, and savings have dried up. Further, the brokerage/investment banking industry has been pummeled beyond recognition; lifelines have been given to everyone from poorly run banks to poorly run auto manufacturers. Esoteric securities have been relocated from the balance sheets of reckless banks and brokers to the U.S. Treasury, FDIC and Federal Reserve. Investors worldwide watched $30 trillion of stock market equity disappear in the past year while home prices have cratered by better than 25%."
The conclusion, when comparing the above fundamentals and the rise in the markets right now, is that this is an effect of an "adrenaline shot" by the US Government's intervention.
Of course, we will see a whole spectrum of ideas and actions out there. The real picture will only be painted by what happens here and now, every day.
Posts
No comments:
Post a Comment