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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Thursday, December 06, 2012

Melt-up begins as ‘dividendsanity’ breaks - MarketWatch

I agree with this. We will probably have a few months of higher markets. But this is almost completely driven by a false reality where the central bank has driven unprecedented amounts of liquidity into markets. Liquidity, is usually, by definition, temporary.

Melt-up begins as ‘dividendsanity’ breaks - MarketWatch


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