Saturday, September 20, 2014

Economy

Of course the stock market is hard to predict. If it was easy, everybody would make money. But this begs the question of what drives investors in the current environment. There's no gain to be had in the real economy, so investors look to stocks, and they look to stocks because the Fed keeps printing money. If I'm right, keeping investing in stocks while the Fed keeps printing money. When it stops, get out fast so you don't have to jump out of a window.

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