4/7/2016 – A down day with the Dow Jones down 173 points (-0.98%) and the Nasdaq down 72 points (-1.47%)
I continue to be amazed, everyday I might add, by just how far the central bankers are willing to take it.
- Japan releases $90b to boost economy
- Helicopter Money Not On The Table, Says ECB Economist
- Draghi: ECB Will Do ‘Whatever Is Needed’ to Raise Inflation
Pushing back against critics who argue he has backed too much stimulus, European Central Bank head Mario Draghi says the top monetary authority for the eurozone will do “whatever is needed” to lift dangerously low inflation. Draghi’s remark Thursday underlines the bank’s willingness to step up its stimulus efforts — even though they were increased as recently as its last meeting on March 10.
At what point do these fools actually stop and ask themselves a simple question.
What if the stimulus that they constantly push is the part of the problem, not the solution?
I guess that would be wishful thinking on my part that they would even consider such a thing, but hope springs eternal.
Albert Einstein defined insanity as “doing the same thing over and over again and expecting different results.” The Bank of Japan has plundered its own country over the last 25 years by introducing more and more stimulus. Now the ECB and the FED are following the same blueprint. And if that is not insanity, I don’t know what is.
At the end of the day we can only hope or pray that Mr. Market can bring their idiotic policies to an end and do so as soon as possible.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014/15-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014/15-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. April 7th, 2016 InvestWithAlex.com
Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!
