Loading ...Who F**KING cares about historic charts anymore !
QE to infinity and share ‘buybacks’ have completely f**ked the historical economist !
This is unchartered and at some point it will sail right off the F**KING edge !
Charts are for CHUMPS !!
Jack Oliver Wed, 08/22/2018 – 08:51 Permalink
You’ve got a good point. The models which were applied in the past and the predictions extrapolated from those charts can’t be said to apply anymore. They really don’t even have models that accurately apply now. Oh, they can tell you a stock price and all that crap, but predicted trends have shifted to a gray area. They’ll figure it all out once the system totally crashes and they redo their models.
Jack Oliver Wed, 08/22/2018 – 09:02 Permalink
I’ve been preaching the same thing since 2010.
The old value metrics are totally useless, now that superfluous amounts of unearned capital is continually injected into a deflating economy..it’s all theatre from here until the war.