Thursday, March 15, 2012

S&P Above 1,400 for First Time in Four Years

Bernanke's money printing is flooding the equities markets. This money will work its way to the consumer sector. Be prepared for higher prices and higher interest rates, despite the fact that Bernanke expects the exact opposite.

2 comments:

  1. Be prepared for higher prices and higher interest rates, despite the fact that Bernanke expects the exact opposite.

    Not if he turns off the spigot soon, which will collapse the stock market, and lead to another round of layoffs, a decline in wages, and thus a cap on consumer inflation.

    You know, like he did from mid to late 2008 without seemingly paying attention.

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  2. Do you still like gold? On principle, yes it's honest money. But most people still don't understand that principle. They're going to buy stocks as they see the economic boom and don't realize it's manipulated. They'll sell the "safe-haven" gold.

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