RE:RE:RE:RE:RE:RE:RE:Mr market is enthusiastic about the dealT , you must remember back when Alan Greespan was in charge . Pretty much like now . Nobody had a clue what he was saying so he must be smart . He loved himself dearly but gave Fed watchers headaches with his " Fed speak " He kicked the can down the road and kept the Kool-Aid bowl full . He was in demand to spew his nonsense everywhere and the media called him . " the Maestro " . Then the wheels came off and the banking system collapsed . The Maestro disappeared and no bankers were ever punished .
Fast forward to today . The Fed is doing an even worse job . Markets are a riot of borrowed money . The American public is about to start spending there Covid money backed up by credit cards . It is no secret that derivatives and leverage are far worse than back in Greenspan`s day , but the party goes on .
I can`t tell you when it will stop but it will end very badly . Somebody is buying all that gold .