But hope is not a viable investment strategy.
Casue when hope is gone we are screwed.
Instead, what the Fed has done is push all their chips into the pot, gambling everything on one final card. Stocks are no longer being priced according to fundamentals, because they're now simply pawns in the Fed's giant credit market gamble.
Unfortunately, this reckless gesture sets the stage for a more likely negative outcome, and that's full-blown deflationary collapse and a subsequent crisis of confidence in the central bank itself.
50% chance of this occuring.
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