As we head into the final stretch for the elections it sure is convenient to have QE 3 on your side if you’re the incumbent. Bernanke is protecting his own employment by dressing the bride for the big day. You can see his handy work by the advance in the Dow Jones Industrial Average. But he’s not able to mask the whole truth. Take a look at the dismal relative performance of the Dow Jones Transports. The goods aren’t moving. That’s a bad sign.
Latest posts by E.J. Smith (see all)
- Prophetic Statements to be Studied: Investors be Warned - August 17, 2018
- The Good News Continues for Dividend-Centric Investors - August 16, 2018
- Can Crypto-Currencies Ever be Safe? - August 15, 2018