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BIG BANKS HURTING. OH BOO HOO. GIVE ME A BREAK

May 28, 2014

**********Go to “Core Portfolio” for current holdings.**********

(Update econmatters.com)  You see, while the S&P 500 is making fresh all-time highs, it’s being aided by a flood of liquidity (money) due to quantitative easing (QE). This liquidity has been competing to find investments, driving up financial asset prices.

 

You probably didn’t pay any attention to it.  But we saw a rather stunning development today in the markets.

The big brokerage firms are coming out today and complaining about low trading volume.  The SAME Wall Street criminals that caused this whole recession and screwed the American public.

Absolutely shocking.  Never seen anything like this before.  Not a one of them is in jail and yet they have the balls to bitch because low interest rates and Quantitative Easing (MONEY PRINTING) is causing high stock prices….resulting in low trading volumes.

Only in America.

Stay Alert.  These big Wall Street powerhouses could force Yellen and the Fed to take action, meaning stop the tapering and keep low interest rates……causing the markets to continue higher.

And if the Fed does nothing———-we could see a decline.  But remember, with the elections coming up you can be assured this Administration will do anything to keep the stock market going up.  Read This:

http://www.bloomberg.com/news/2014-05-28/goldman-s-cohn-says-inactive-trading-environment-is-abnormal-.html

Update:  Do any of the financial genius’s on TV maybe understand that the Fed is secretly buying the Treasuries to drive interest rates down?  Just asking.

In any case be prepared to enter sell stop orders,  If you have not read Aftershock, the book I am recommending, you need to get it.

Funnies:  A CNN source told the New York Post that the unstable network is having problems recruiting key talent to a place that was once known as “the most trusted name in news.”

CNN’s ratings have plummeted the more the network tries to conceal its liberal biases and masquerades as an “objective” station.

Latest on WH Divorce:  http://www.nationalenquirer.com/celebrity/enquirer-exclusive-michelles-secret-divorce-file-0

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