damienhaas

Global Markets in Review: More Thoughts on This Rally

If you are trader, this environment is good. If you are genuine investor if you will flushing the cash down the drain. That is worst than deflation on your cash.


On Apr 19 06:13 PM E Nuff Sed wrote:

> Financial markets are at least 50% irrational, so there is no point
> psychoanalyzing it. A decision has been made collectively by the
> G-20 to re-inflate asset prices. Quantitative easing or pump priming
> whatever you call it - is working. If necessary the Fed is prepared
> to go to negative interest rates (manufacture inflation) to fight
> asset deflation. So holding cash is going to cost investors.