Thursday, August 9, 2012
8 Aug 2012
Remember when the Bernank was claiming QE2 helped small cap companies by pointing to the performance of the Russell 3000? He can't make the same claim for Operation Twist as the Advance / Decline line for the R3000 has been abysmal.
Really, when will people get it that all this easing that the financial media and stock monkeys plead for is just transferring new money to the elite rich bankers (or to the government) who unload their shoddy assets to the Fed? How can anyone with a brain celebrate that or accept that that is morally acceptable?
at 12:14 AM