Under the current ZIRP strangle hold economic headlock, the equity market is the only transmission mechanism the Fed has left to get the funny money out to the consuming peeps, further recapitalize the banks, support baby boomer 401Ks, and keep the retirees' pension funds solvent!
They must create at least 5% returns per year via the faux propped up stock market, otherwise the real economy, the major banks and underfunded pension liabilities go bust! There is no other choice, we are in way too deep, up a crooked crony creek!
The USA WWF is gonna crush the whole wide world, with a rude raw dog global reserve currency smackdown, Randy Ram Slam style…….until all nations bleed and cry out no mas………then WW3!
THEY WILL REFLATE………………..THERE WILL BE BLOOD