RE: German Factory Orders Plunge6 Jul 2019 23:47
I don't do the FTSE. You can't ignore boom/bust cycles, unless you're Gordon Brown. The world operates on cycles, the Fed knows it - they create them.
We're in one now. Since 09 the US GDP has increased by 3.3 trillion about 22%. Over the same period the Dow 311% S&P 342%. It's reasonable to assume the growth doesn't support the ramp in stocks ect - but we know what does, and there's more to come, stretching the disconnect even further - until, you guessed it - the bust.
Then everyone looks at the very fkers who caused it - to fix it!
The Fed will blame the over indulgent, over indebted numpty to get off the hook.
And off we go again. Some richer, many poorer, and some missing their kecks.
Brill