Today you are receiving a peak into my thoughts for the coming Fed Meeting announcement on interest rates that is coming Friday Sept. 17th. Expect a wild and crazy week. My expectations for the Fed and the markets are below. On Friday 9/11 I sent out a morning update where I said the following; “Dollar up a little and gold …
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11
2012
Stock Market Bubble and QE3 Surprise
By: Doug Eberhardt
Category: Gold
Tags: 10 year treasury, Baltic Dry Index, Bernanke, Economy, Fed meeting, Federal Reserve, low interest rates, QE3, stock market bubble
Bernanke is getting his wishes without doing anything. The stock market is in la la land, moving higher today on false consumer confidence hopes based on a Democratic Convention push that has caused consumers to believe the political rhetoric coming from the convention will magically turn this economy around. Richard Russell has called this market action “crazy,” which leads me …
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