Tuesday, August 4, 2015

Economic reality now catching up to market fantasy

Economic reality now catching up to market fantasy

The current global mishmash of interdependent and socialized economies are, at bottom, schizophrenic. Our markets are not based in any fundamental reality. There is very little tangible foundation left to stand on, and this has been the case for several years. Yet some people might argue that since the derivatives crash of 2008, most of the world has continued to walk on air. In the U.S., the markets wait for the Federal Reserve’s rate hikes. Even mainstream financial news ou...
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