Daily Reckoning

“Stocks Only Go Up”

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How crazy have markets become lately? One new investor has said, “Stocks only go up,” while unemployed people are using their stimulus check to trade stocks.

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The Fed’s Forever War Against Savers

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The war against savers grows even fiercer… “It is clear that the Fed does not anticipate a V-shaped economic recovery and is positioned to move forcefully to support the economy”…

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The Great Disconnect Between America and the Market

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“The disconnect between what the average person sees happening in the world and what they see happening in the financial markets is getting wider and wider”

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