Just Not Buying It

The Fed has nobody else to blame but themselves. They have succeeded in rallying the stock market beyond all imagination during the post-crisis period, never mind the fact that the wealth generated never really worked its way through to the real economy. But despite their repeated efforts to try and convince the markets that they may raise interest rates as “fairly soon” as their next meeting, the markets are just not buying it.

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Published by Eric Parnell

Registered Investment Advisor

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