- Joined
- Apr 2, 2005
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The federal government and the Fed have “become the tools of a vicious form of crony capitalism and money politics and are in thrall to a statist policy ideology common to all three branches of today’s Washington economics: Keynesianism, monetarism and supply side-ism,” writes Stockman in his book. But now, he says, “A Keynesian state-wreck is at hand.”
We are at a tipping point. I am reading conflicting views of some pretty bright minds. The best I can gather is we will see a mild to medium dip in the spring, followed by a bull market rally over the next several years. Obama will be crowned teh greatestestest president eva! Whoever the next president that comes in will be left holding the bag when it all collapses. We are witnessing the creation of yet another bubble right now, or rather the old bubble mended and re-inflated.
If you are in the market, the next few months may be a good time to position yourself in inflation sensitive stocks and some speculative stocks. Just keep nimble and take profits as it will likely all come crashing down even worse at some point in the future.
We are at a tipping point. I am reading conflicting views of some pretty bright minds. The best I can gather is we will see a mild to medium dip in the spring, followed by a bull market rally over the next several years. Obama will be crowned teh greatestestest president eva! Whoever the next president that comes in will be left holding the bag when it all collapses. We are witnessing the creation of yet another bubble right now, or rather the old bubble mended and re-inflated.
If you are in the market, the next few months may be a good time to position yourself in inflation sensitive stocks and some speculative stocks. Just keep nimble and take profits as it will likely all come crashing down even worse at some point in the future.
