In the 1990s the term “Greenspan Put” became fashionable as it became obvious that the then US Fed Governor saw his primary job as forestalling any major stock market correction after the massive rescue job follwoing the 1987 crash.
I think 2024 is going to be a massive year where decades happen. I think the US loft is in danger of being crushed by all the pigeons coming home to roost after decades of hubris and mismanagement. They have run out of road to kick the can down further.
I think 2024 is going to be a massive year where decades happen. I think the US loft is in danger of being crushed by all the pigeons coming home to roost after decades of hubris and mismanagement. They have run out of road to kick the can down further.