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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (174640)7/12/2021 11:37:27 AM
From: sense  Read Replies (2) | Respond to of 217737
 
Saw a short bit of a JPM talking head on MSNBC...

He was launched into the middle of a larger segment in which the other talking heads were nattering on about how the recovery growth narrative is being so greatly under-appreciated... because the human spirit is so irrepressible, etc. Stating 9% GDP growth in the U.S. year as a fact... predicting that continuing at a lower but still stellar rate for another two years... yada, yada...

The support for that thesis provided by the JPM guy started off with... "as the vaccine continues to roll out and provide immunity"...

And I turned it off...

So, the disconnect being generated is pretty clear... they KNOW that the vaccine does not provide immunity... but the policy is to say that it does... to encourage people to behave as if it does.... knowing it does not. And, they know that "immunity" mantra is a lie in terms of future market impacts too... but are deliberately fostering expectations of "economy to the moon"... knowing that's not going to happen ?

So, they're deliberately blowing the bubble bigger... based on bullshit... fostering un-realizable expectations ?

Knowing that... answers "why would they do that" ? Just talking the trade... with the opposite of truth.

But, doesn't answer... when will they do the "reveal" and reverse the field ?