Some Very Famous Investors Need To Learn Not To Fight The Fed
There is a famous saying which says 'Do Not Fight the Fed.'
Many investors are taking that idea to heart, at least in one way....
Central bankers have been on a money printing spree. In Japan, they expanded monetary easing by ¥10 trillion. In the U.K., the Bank of England monetized another £50 billion of gilts. ECB President Mario Draghi promised “unlimited” bond buying, and the Swiss are committed to putting a floor under the Franc through unlimited purchases of Euros and other assets . . .
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