Still Unhealthy

It has taken a long time, but I'm fairly convinced of the mechanics of this market.  It is a bit manipulated, but like damming the Mississippi River, somethings cannot be stopped.

It starts with Greenspan in '87, where it ends?  I don't know.

QE funnels money into asset markets.  The shadow banking systems is more important than regulated banking.  All assets, real estate, equities, fixed income, cryptocurrencies.  There are more on this list, they are boosted by QE.  The mechanism involves algorithmic trading and has been a turbocharger for Federal Reserve policy moves since the financial crisis.  They know it and use it, anyone would.  But how do you stop the party without a hangover?  That's why I stopped drinking.  Well that and God took the urge.  Ok, just God.  Credit where credit is due.

Unhealthy market

Uncertainty is a rich valuation's enemy.

I wrote that in 2008.  Never posted it or wrote anymore...  Was just saved as a draft.

This fits with the theme of this blog perfectly.

I has been a while!

I've changed things up.  Now, I would like to be of no help.  The Michael Jordan of Not Helpfulness.  You should probably do the opposite of whatever I say.

I bring nothing to the table.

Don't buy bitcoin.  Wait, what are the rules?  There you have it.  Why shouldn't you buy it?  Because it goes up.  Somebody explained it to me once.  You see, you buy it, it goes up and you sell it.  Pretty cool.  But I recommend not buying it so you can have less money.