Wednesday, March 3, 2021

Tag: Trapped Fed and Scapegoats

Extreme Prices, Trapped Fed and Scapegoats

by Gary Christenson, Miles Franklin:

Breaking news: Coronavirus spreads, impeachment circus continues, more all-time highs in stocks and palladium, Tesla market cap, and Fed injected liquidity boosted stock markets.

Since 2009 stocks have risen into a bubble fueled by inexpensive debt, buybacks and QE. Most commodities have not matched the price increases. Palladium is an exception—more later.