Headlines:
All Other Economic/Market Data = Irrelevant “Noise”.
Managing The Economy For Just One Metric.
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The Fed’s $4.5T QE Badge of Honor = Debt Driven Equities.
Perhaps Central Banker’s Inflation Models Are Inverted?
That Is…What If, Beyond Asset Prices, QE + NIRP/ZIRP Stimulates Deflation/Dis-Inflation? The 8 Year Hyper-Policy Lag Reinforces The Hypothesis.
If So…They Are Fighting The Inflation Battle With Exactly The Wrong Monetary Ammunition…As The Herd Follows With Low Cost [QE Driven]/Amplified Leverage.
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Article by Global Slant
