Salient to Investors:
Tom Feeney at Mission Management & Trust Company writes:
Global equity markets are responding first and foremost to central bank intervention, not traditional investment fundamentals.
Clearly central bank stimulus has not worked so far – even a minority on the Fed argue it does not work – despite 4 years of unprecedented monetary expansion and rock-bottom interest rates. So the debt burden grows – sorry, future generations.
Read the full article at http://seekingalpha.com/article/1546882-what-if-it-doesn-t-work?source=email_macro_view&ifp=0
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