Average wages are stagnant in the developed countries. Which also means that consumer spending is stagnant, because in the longer term people can spend only as much as they make. So, the economy stays weak. What is the solution? Central banks are trying to create more inflation, as if that will somehow wake the developed… Continue reading Why deflation is a blessing
Tag: Japan
QE is like free beer
We have recorded the first negative lunar green period of the year. The Nasdaq lost 59 points. Is this the start of a prolonged downturn in the stock markets? The current lunar red period will probably give us good clues going forward. Let’s take a look at the S&P 500 chart (click for larger image):… Continue reading QE is like free beer
LunaticTrader 