The real reason for the emergency Fed meetings...I strong suggest clicking to read the entire post:
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Thus contrary to popular delusions/expectation, rising interest rates in the USA will kick off a booming stock market that would double or triple by 2018. But before that boom, there will be a bear market trap because most investors think only domestically and will be looking the domestic fundamentals as Mike Maloney is and thus get trapped in a bear market fakeout, which will V bottom and shit to a sling shot as the international capital stampedes into the USA as this rising interest rate scenario will devastate all the economies outside the USA for numerous reasons including the fact that there $10 trillion in corporate bonds abroad denominated in US dollars meaning those borrowers are short the dollar! Also the numerous dollar pegs, such as the Yuan, Hong Kong, etc are going to break for a similar reason, causing a cascade domino contagion effect.
This bear trap is why gold and crypto-currencies have not likely seen their lows yet and I am still expecting a selloff in gold to $850 or below and Bitcoin to below $150. The rising interest rates will break the 35 year Treasury Bond bubble and cause massive cash to seek a home in the stock market. But first it will cause a liquidity crisis bear market fakeout crash because of so many people caught on the wrong side of the trade and needing to sell other liquid assets to cover.
Mike Maloney is observing the correlation of the monetary base diverge from the Whilshire 5000 (USA stock market capitalization) because the international capital inflows are starting to offset the rising interest rates (the market actually sets rates, not the Fed).
The emergency meetings of the Fed is because they are losing control. The market is raising the rates and there is nothing they can do to stop this freight train.
[...]
Thus contrary to popular delusions/expectation, rising interest rates in the USA will kick off a booming stock market that would double or triple by 2018. But before that boom, there will be a bear market trap because most investors think only domestically and will be looking the domestic fundamentals as Mike Maloney is and thus get trapped in a bear market fakeout, which will V bottom and shit to a sling shot as the international capital stampedes into the USA as this rising interest rate scenario will devastate all the economies outside the USA for numerous reasons including the fact that there $10 trillion in corporate bonds abroad denominated in US dollars meaning those borrowers are short the dollar! Also the numerous dollar pegs, such as the Yuan, Hong Kong, etc are going to break for a similar reason, causing a cascade domino contagion effect.
This bear trap is why gold and crypto-currencies have not likely seen their lows yet and I am still expecting a selloff in gold to $850 or below and Bitcoin to below $150. The rising interest rates will break the 35 year Treasury Bond bubble and cause massive cash to seek a home in the stock market. But first it will cause a liquidity crisis bear market fakeout crash because of so many people caught on the wrong side of the trade and needing to sell other liquid assets to cover.
Mike Maloney is observing the correlation of the monetary base diverge from the Whilshire 5000 (USA stock market capitalization) because the international capital inflows are starting to offset the rising interest rates (the market actually sets rates, not the Fed).
The emergency meetings of the Fed is because they are losing control. The market is raising the rates and there is nothing they can do to stop this freight train.
[...]
