The Center Cannot Hold…

by Rick Ackerman
RickAckerman.com

Here’s a fine rant from Rick’s Picks forum regular John Jay that deserves more prominent play. It nicely captures the feckless behavior that has come to rule the world’s financial markets in these very interesting times:

Between Brexit, the continuing collapse of civilization in the MENA, NATO telegraphing Barbarossa 2.0 to the Russians, Western Europa welcoming Muslim hordes, the collapse of Venezuela likely to spread throughout the rest of South America, and half the USA populace in some combination of broke, on the dole, suffering from diabetes, drug addiction, and Celebrity Worship…Not to mention the Feds “Tightening” plans evaporating…Well, no wonder the markets are comatose except when Fed Intervention sends a flood of buying/selling through the pipes of any given market.

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