So this week marks the end of The Fed’s bond purchasing program, and the “official end of QE3”.
Can you imagine? No more “funny money” to keep things afloat?
Se acabo.Finito.The end.No more.Done.
If you can get your head wrapped around the numbers…..lets look back at the months where The Fed was injecting 85 Billion “newly printed artificial dollars” into the markets every month for a couple of years running.
Can you really fathom how much of a “boost in buying” that amounted to?
Consider an investment in stocks or bonds for the average “home investor” – I dunno…..maybe 5k? Then consider ( if my math is correct ) that you would have needed 17 million new investors “per month” at 5k each for “years running” to match the amount of investment put forth by The Fed.
A crude/silly breakdown obviously….but I’m sure you get the point.
These markets have been so grossly manipulated for so long, that the average observer has likely lost all sight of “how things should be” if just left alone.
Now ironically……you face “death by Ebola” ( boy….that’s not a distraction at all is it ? ) as The Fed withdrawals from markets, so you can’t possibly make the connection / consider that “that” has anything to do with stock prices falling now can you? Of course not! It’s not The Fed withdrawal. It’s Ebola!
Choke. Puke. Sputter. Heave.
You have now been “officially diverted”.
From the outside looking in its difficult to watch , as the media machine, Wall St. and the U.S Gov systematically divert your attention to “life threatening disease” while pulling the rug on QE / Kool-aid – scooping your investment accounts along the way.
I’ve been on and on about for months leading up to this so…..let’s just see what the markets got – when left to stand on its own two feet.
You’ll figure it out for yourself I’m sure.
My short position growing by the minute.
I dunno, Mr Kong… closing at 1985 with powerful RUT and XLF candles. Maybe a quick wave down to 1960, but higher highs seem to be on the way.
best,
-dcB
Kong is so obsessed with jealousy and hatred for the USA, it is affecting his trading decisions. What a loser putz.
Poor little sheep.
I don’t hate the USA at all – only calling things as I see them.
If “Cambodia” held the worlds reserve currency, and currently had a privately owned bank ( The Fed ) printing funny money like mad – I’d be equally critical – it has absolutely nothing to do with “The U.S” ( It’s Forex after all right? )
Interestingly though…..a country who’s President holds something like a 37% approval rating…hmm…..wouldn’t that suggest that the vast majority of “Americans” aren’t “too thrilled” with their country either?
You certainly don’t need to spend anytime reading about it here at Forex Kong as…..there are “millions” of websites out there, much more critical of The U.S than I.
I bet you can even find it in the Seattle Times.
Actually, i think he’s right, but i suspect the boyz and bots will try to daze and confuse us with one more push to re-test the highs. Yes, Mr. Kong is a little out-of-the box, but why be normal — that’s boring!
best to you and your trades…
-dcB