Alan Greenspan: The Fate Of The Economy In 2019 Depends On The Stock Market
“Strangely enough”…
“Strangely enough”…
“My intention was to be provocative”.
“Tread cautiously”.
“China will firmly safeguard its legitimate rights”.
“Policymakers are in control”.
That, the bank marveled, “is a 6 standard deviation move”.
“First and foremost as a national security threat”.
In other words, forecasting the next turn is impossible.
Another frantic Friday in the cards?
Lots of things, probably.
“…such tactics act to increase uncertainty and diminish consumer spending at home”.
“Sounds good, doesn’t it?”
“Trump’s disastrous trade war, which he claims was designed to save American jobs, has done just the opposite”.
“I believe risk trades higher into the ‘Gamma’ events mid-month”, but…
A stick save, as it were.
Escalation benefits nobody.
Further into the Twilight Zone we go.
Not today, but who knows, right?
“Confidence in the economy is slipping”.
“Regretfully the US has announced its decision”.
History will likely do as Trump asks and “judge” his market record “from the day after the election”. The bad news is…
“It’s done well for me over the years”.
“I’m not willing to say that he’s lying”.
A stark assessment, to be sure.
What’s not to like?
You must be logged in to post a comment.