hello c2, i note that professor burn n kaput's latest plans, the set of 'solutions', likely shall simultaneously affect in many ways
(i) interest rate shall likely remain low, go zirp or nirp, for perhaps long elapsed time, longer than people can feel comfortable re paper money health
(ii) there shall be a bid by the fed / treasury axis under any number of undertakings, all tending to add juice to the simmering economies around the planet
(iii) people, old and young, of income means and of balance sheet savings, must allocate cash in the away direction and on continuous basis
(iv) other governments must do same or 'suffer' from rising currency valuation
(v) all shall be well until not, say at some point between what i figure to be 2018 - 2026, which, by the looks of it, fits pierre lassonde's figuring of commodity super cycles
i am encouraged that the macro read triangulation are showing 'all systems go' signs at this waypoint recalibration.
i think bill gross advice, to unload bonds and back up the truck on gold is sound.
in the environment as described above, stocks should be okay as well.
all wonderful even if zirp / nirp shall engender perhaps unaccustomed volatility, and algo-trading shall give rise to heart-stopping flash crash.
it is going to be ... fun.
cheers, tj |
