Escalator up, elevator down. Escalator fueled by fiat conjured out of thin air by a private central bank working solely for its owners. And now that the Fed has been tapped on its proverbial shoulder to let it all go up in flames, this next crash will be the end of crashes and “markets” as we have known them. And it’s not just the Fed, it’s all the G-3 Central Planners working in concert; to wit (older chart, but the same trend applies today):
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