Apple is not merely an institutional favorite, it is crucially important to the the grand illusion that a global financial system headed inexorably toward collapse will continue to muddle along.
Maybe get a bottom today, or FOMC on Wednesday but watch out for options expiration on Friday. Either way, we have all the signs that we are near the bottom.
Lawrence Summers said that U.S. policy makers, by allowing the economy to overheat, have likely cemented inflation rates of 4% or higher, way beyond their long-term target.
Right now everyone is trying to blame inflation on someone, regardless of the facts that I will present to you in the charts below. It is exactly the same thing when a Republican or Democrat is elected president.
Apple is not merely an institutional favorite, it is crucially important to the the grand illusion that a global financial system headed inexorably toward collapse will continue to muddle along.
