by Mac Slavo
With stocks having rebounded following a major down-swing earlier this year, it’s all smooth sailing going forward if you believe the mainstream financial pundits and renowned economists who continue to encourage the general public about the unfettered strength and stability of the U.S. economy. But according to well known venture capitalist and resource sector investor Carlo Civelli, last week’s Fed action, or rather, inaction, suggests that exactly the opposite is the case.
It goes to show that the economy is not as strong… or the markets were too volatile even for Yellen to stomach.
In his latest interview with Crush The Street Civelli explains why the stock market is the only game in town for many investors, why people are being forced into negative yield investments, how stabilizing stocks markets doesn’t necessarily translate to a healthy economy, and where to position yourself today to avoid the wealth destruction to come: