Stunning to think the Fed is widely expected to engage in another round of quantitative easing, i.e, print money, with the S&P500 up over 10 percent and NASDAQ almost 14 percent in the first seven months of the year. At some point, the cred will be gone. Then what?
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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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