If Amerika is going so well economically and the stock market rocketing then why are banks laying off so many workers and closing branches?
http://www.freep.com/story/money/bu...t-nearly-800-jobs-close-40-branches/87304426/
http://fortune.com/2016/07/19/goldman-sachs-layoffs-3/
http://www.wbtv.com/story/32469976/bank-of-america-cuts-more-than-2600-jobs
Could it be that the "recovery" is as fake as a whore saying I love you?
Could it be that companies need to layoff workers to give credibility to their the phony non-GAAP profits?
Mrs MaGoo can't raise rates or she will risk blowing up the share market & bond market. The US consumer who is already tapped out will be royally !@#$ED & US exports will be more expensive.
IMO it might be a good idea to load up on more Goldies and more physical G&S?
BDR is looking like a good buy regardless what the #$%ING IDIOTS at Mac Bank say.
Or I could be totally wrong, so make up your mind.
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