Friday, April 21, 2017

04/14/17 #Economic Activity Composite #EAC

EAC
The majority believes the Fed is the controller or maestro financial and economic world. While history shows us (over and over) that its not, the majority stands by this belief until failed expectations driven by the invisible hand inflicts losses and pain or 'teaches' the incoming generations. This seemingly perpetual cycle of failed expectations and substantial losses, a byproduct of failed economic theories and lousy education, is big reason why the public remains a consistent loser and bagholder of trend transitions in the investment world.



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