The FREE Investment Newsletter That Really Works!
One TRILLION dollars. Yes folks, the central banks of the world have purchased one TRILLION dollars worth of financial assets ( stocks and corporate bonds) in just the first quarter of this year. Now you know why the market flirts with all time highs despite Syria, N.Korea, falling retail sales, lousy PMI's etc. etc. Nothing matters because the Central banks are buying the market, keeping it up.
In this weeks free investment newsletter, we quote the Zero Hedge article that shows where that number came from. Then we talk about the Plunge protection team that we have here in the US. Yes folks, there is a group of folks who's job it is, is to keep our markets from falling. And we quote an ex member of that very team.
So take a minute to read this weeks free investing newsletter and you'll understand why the market can act like superman, in the face of things that would take a "normal" market to its knees.
No matter where you look we're at war. Not just N.Korea and Syria, and Afghanistan...but in our towns, in our colleges, in our news. I've never seen our nation in such a contentious situation in my life. The social justice warriors clash with the right wingers, the Antifa folks, clash with the alt-right, free speech is getting shut down at google and You tube.
In today's free investment newsletter, we discuss how this is affecting things. Then of course we look at the market and talk about the slow steady drip lower that we've been witness to. Does it mean a correction is in play, or is the market just bored? Today we take a look at the levels and what's important.
It’s Not Just Syria and N. Korea
I have an elderly mom whom we keep very close contact with. And for years on end, she’s had a habit of putting on the local news at dinner time, followed by “World news tonight” with David Miur.
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