Behold, Helicopter Ben Bernanke’s best laid plans are coming up short. Asset prices are no longer rising, nor are they holding. Asset prices are falling and the US Dollar is rising. Think this is just temporary? Asset prices peaked a year ago and once again they are moving in the direction of the long-term trend: down. The sound you now hear from the Federal Reserve is uh oh; the next sound we may hear is oh… (more…)
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