29/08/18

Stockman Slams The Greatest Fake Bull Ever



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Stockman Slams The Greatest Fake Bull Ever
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Submitted by David Stockman via Contra Corner blog,

Now that the raging robo-traders have tagged a double top at 2897 on the S&P 500 it is worth remembering that the booming stock market is the greatest Fake Bull in history. It is entirely a function of massive central bank liquidity injections into the financial system that have transformed Wall Street and other global trading venues into virtual gambling casinos.

Indeed, in today's fraught ....

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