Just how much red pilling can a market take? How about the realisation that the economic recovery following the 2008 financial crash as been an illusion based on monetary easing that was conducted in a way to disguise the inflationary consequences, overstate economic growth while forcing investors up the risk curve, where they will be […]
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The headline seemed so authoritative (“U.S. nonfarm payroll job growth seen pushing case for Fed hikes”) and coming from Reuters as well! http://www.reuters.com/article/us-usa-economy-idUSKCN1270BP Unfortunately, notwithstanding coming off a weak August, September’s non-farm payroll additions of +156k (and +167k for the private sector) fell short of the +175k predicted from Reuters survey of economists. So does […]
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