Thursday, January 9, 2014

Markets: Be Very Careful

The world has got this artificial situation and it can go on for a while longer. In America there is no constraint at all in Congress and in the Federal Reserve. And no other central bank in the world has any constraint now. So this can go on longer than any of us can expect, including me. But be very careful because it is artificial, The world economy as a whole is not getting much better.