TSP Charts: Crazy Time

So let me get this right:

  1. SP500 near an all-time high
  2. Unemployment remains under 4%
  3. Sticky CPI inflation remains steady above the Fed’s 2% target

But the bond market is screaming for a return to zero interest rates NOW or KA BOOM !

It makes perfect sense only if the financial market is not the economy and the economy is not the financial markets. And the financial system has become one gargantuan credit bubble ponzi scheme requiring ever-larger monetary stimulus to keep from imploding.

Otherwise, I have no idea.

The market is pricing in more free money for the financial markets… not the economy.

So tell us Fed Chairman, with the financial markets on the verge of full melt-up based on the Fed’s money printing past and not the real economy, what are you going to do?

It’s getting interesting crazy…

Market Commentary updated 18 June for members where we discuss what this is all about…

Way up ???

TSP & Vanguard Smart Investor for serious and reluctant investors.

Categories: Perspectives, TSP Charts

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