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The financial markets are drastically over-capitalizing earnings and over-valuing all asset classes so, as the Fed and its central bank confederates around the world increasingly run out of excuses for extending the radical monetary experiments of the present era, even the gamblers will come to recognize who is really the Wile E Coyote in the piece. Then they will panic.
Read More »Financial Asset Values Hang In Mid-air Like Wile E. Coyote – Here’s Why (+2K Views)
