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All Fraud, All the Time
In the past few days I’ve had several people email me, complaining about this crazy stock market. I’m going to post the following, because it is very typical of the things I’ve been receiving:
Hello all, the Sunday edition of the Financial Intelligence Report is up a day early. In the General commentary we talk about the problem of posting what you might think of as innocent fun on your facebook page, could come back to haunt you. Time and time again, employers and law enforcement has used peoples social media pages to look for "bad things" they've posted.
It's worse if you're a concealed weapons permit holder and you have to unfortunately shoot someone. They will scan everything you've ever posted to see if they can make a case for you being a "killer".
In the market commentary, we discuss the current market, where the S&P is perched at all time highs. We give the 3 examples of what could happen next, but then we explore all the buy backs, the central bank intervention, and question how far this might go. It's pretty good reading, if it does nothing but open your eyes.
Ya know all these stock buy backs we see? Did you know that until 1982 they were illegal? Well they were, they were considered a "market manipulation". Now we see almost a TRILLION dollars worth of them! So give the market section a read, it's pretty interesting.