The inflation that is being created can and will make the economy appear top be bottoming. I also have no doubt that the stockmarket can advance in the short and medium term. However in the long term as the FED money pump continues price inflation will seep into the system. How the FED will find the political courage to withdraw this liquidity will be the neat trick. I do not think they will get it just right and we will see price inflation sooner then most think.
The Economy Is Bottoming [View article]