CitadelGrad wrote:Yeah, I don't suppose the Fed raising interest rates when no other CB in the world is doing the same, has anything to do with it. I don't suppose the Fed unwinding its QE balance sheet has anything to do with it. I don't suppose artificially inflating the equities market with years of nominal zero interest rate policy and real negative interest rate policy has anything to do with it.Ivytalk wrote:Those tariffs are biting us in the ass. Look at the stock market lately. It was just a matter of time. And the trade war is set to escalate further on January 1.
The equity risk premium hit a 40-yr high about six or seven years ago and has been hovering around that level ever since because of the aforementioned monetary policies. Exactly how do you think that will be resolved? Here's a hint: It won't be pretty.
gotta keep an eye out for the head and shoulders.....every time...
