Monday, December 5, 2016

Dow Closes at All-Time Record High

The markets pound Austrian-lites. This is nothing at all what a recession looks like.


The Fed is not going to cut rates at its monetary policy meeting next week. It is not going to take rates negative. It is not going to start a new round of quantitative easing. It is going to raise rates, again.

-RW

No comments:

Post a Comment