Friday, August 7, 2015

Golden stocks now under fire.

First it was Disney.  Now it's Berkshire Hathaway A shares that had a huge earning miss.  If Warren Buffett can't hit his numbers then how good can business be???  Yellen has a real problem.  If she raises rates into declining blue chip earnings just based on the fake jobs report (AKA part time jobs are jobs and those who have given up don't count anymore) then the stock market will tank and so will the economy.  If she doesn't, the bond market is going to demand higher rates even without her raising the fed funds rate and she will be exposed as a fraud.

What's it gonna be Yellen???

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