Loading ...Why the Stockmarket’s Ignoring Iran and Oil… Peter St Onge
https://www.profstonge.com/p/why-the-stockmarkets-ignoring-iran?
The Iran war broke the century long rule that war is bad for stocks, good for bonds, and rocket fuel for gold.
Instead, since America started rocking the casbah stocks rule, bonds drool, and gold got thrown off a roof.
In summary he says all of this is due to the FED and don’t fight it. I agree, however I’ll put it more succinctly: It is all a result of the money printing. But he implies it can go on forever. I disagree I think it is reaching its limits now because the debt level is about to put a cap on additional money printing. Once interest payments consume the amount collected in taxes it’s game over.