That and the fact that the economic data was coming in relatively perky, at least in terms of the headline data, made it highly unlikely that the Fed would do any more money printing.But here’s the thing. They are what the Fed and Wall Street casino owners want you to think. The Fed wants the market to go higher, but it doesn’t want commodities to go with it, so its story line is that the economy is healthy enough to continue growing without more QE. That gives traders reason to continue buying stocks, and no reason to buy commodities, which everyone “knows” go up when the Fed prints, in spite of Bernanke’s denials. We won’t know the real story until February 2018 when the Fed will release the transcripts of this year’s FOMC meetings. The decisions the Fed wants you to make are to buy stocks, bay and hold Treasuries, and sell commodities.The Fed’s Con Appears To Be Working But The Curtain Is Rising On The Third Act | ZeroHedge.
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