5 Embarrassing Economic Truths the MSM Just Accidentally Admitted
Did you know that 93% of the Dow/S&P rally since the Lehman crisis is directly attributable to Fed intervention? Or that the oil rally is nothing but a short squeeze? Or that the US is absolutely in recession and anyone who doesn’t admit it is peddling fiction? Of course you did, but after reading this week’s subscriber editorial you’ll have the handy dandy MSM links to prove it all to your “conspiracy” averse friends and coworkers.
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James,
There is a great deal to unpack here, but just on the commodities rally issue: What do you make of the Asian development banks that are gearing up in the emerging markets? It would seem a reasonable hypothesis that commodities will see brighter days in the near future.