I think this might be a case in which Fed does something with the right hand, which the audience is watching, while it does something very different with its left hand, using the misdirection of the markets to distract the viewers from its true purposes.

Whatever that may be, the performance is what it is. It shows no recovery in the real economy and an expansion of the 'financing sector.'

By Jesse

http://jessescrossroadscafe.blogspot.com

Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In providing information, we hope this allows you to make your own decisions in an informed manner, even if it is from learning by our mistakes, which are many.

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